What happens if the trader you copy loses money: your account mirrors the loss proportionally. No insurance, no cushion. Here’s the honest breakdown.
Is copy trading legal? Yes, when your money stays in your own brokerage account. The legal distinction and red flags that separate real tools from scams.
Can you copy trade with a small account? Yes, sizing scales proportionally. Here’s exactly where whole-contract rounding still gets in the way.
How trade mirroring actually works: the API relay, proportional sizing math, order types used, and exactly where slippage between fills comes from.
Copying multiple traders at once: how to split capital, why correlated trades can double your risk without you noticing, and when one trader is enough.