--- title: 'Does Copy Trading work?' source: 'https://youtube.com/watch?v=x1hropUfDaQ' video_id: 'x1hropUfDaQ' date: 2026-08-06 duration_sec: 299 --- # Does Copy Trading work? > Source: [Does Copy Trading work?](https://youtube.com/watch?v=x1hropUfDaQ) ## Summary In this video, the creator revisits their previous video on copy trading to answer whether it's a scam or too risky. They explain the basics of copy trading, recommend the broker OCTA, and share practical tips for selecting master traders to avoid common mistakes. ### Key Points - **Introduction and Purpose** [00:00] — The video is an update on a previous copy trading video, addressing whether it's a scam or too risky, and answering viewer questions. - **What is Copy Trading** [00:17] — Copy trading lets you automatically copy the trades of professionals in the Forex market. When they buy, you buy; when they sell, you sell. It's hands-free and ideal for beginners or busy people. - **Recommended Broker: OCTA** [00:46] — The creator recommends OCTA (formerly OCTA FX) as a Forex broker offering copy trading. It's been around for a long time and is available on web and Google Play, but not yet on the Apple App Store. - **Accessing Master Ratings** [01:27] — In the OCTA FX copy trading app, go to the Master rating tab (or Copier area > Ratings on mobile). This is where you select master traders. - **Mistake: Picking Random Masters** [01:43] — Many people pick random master traders, which is a mistake. You need to evaluate them carefully to avoid detrimental losses. - **Risk Score Importance** [01:58] — Check the master's risk score. A score of 1-2 is good; avoid scores of 5-6 as they indicate high risk, even if profitable. - **Equity Matching** [02:14] — Match the master's equity to your investment. If you invest $200 and the master has $2,000, a $200 loss wipes out your account while the master only loses 10% of his equity. - **Checking Master Stats** [02:47] — Review the master's account balance, floating profits, leverage, and maximum unrealized loss. The maximum unrealized loss shows the largest drawdown the trader has held. - **Maximum Unrealized Loss Example** [03:18] — A trader with a high maximum unrealized loss is risky. The creator shows an example and advises against picking such traders. - **Minimum Investment Requirement** [03:33] — Each master has a minimum investment. If you don't meet it, you can't copy that master's trades. - **Support Funds for Volatility** [03:48] — Set aside support funds (about 40% of the required investment) to handle market volatility, as positions may temporarily go against you before recovering. - **7-Day Trial Period** [04:03] — Some masters offer a 7-day trial where you can copy trades without paying commissions on profits. - **Diversify and Final Advice** [04:19] — Pick 2-3 master traders to diversify. Professionals also lose money, so choosing the right master is crucial. Test multiple masters to find one that works. ### Conclusion Copy trading can be a profitable hands-free method, but success hinges on carefully selecting master traders. By checking risk scores, matching equity, and diversifying, you can minimize risks and increase your chances of making money. ## Transcript 9 months ago I made a video about copy trading and  I'm here to update you on it is it a scam is it   too risky I'm going to answer your questions and  share with you the mistakes most people make when   it comes to copy trading so what is copy trading  copy trading allows you to copy the trades of   professionals when they trade to the Forex Market  you're going to be following all the trades when   they buy you buy the same thing happens when they  sell all the copy trading is automated and you   don't have to do anything except check the profit  or l plus copy trading is perfect for people who   just started to learn how to trade the Forex  market and want to make a bit of money before   going live it's also convenient for people who can  trade but are too busy to look at their screen and   monitor their trades now when it comes to copy  trading there are a lot of Brokers offering this   trading service but the one I use and recommend  is OCTA formerly known as OCTA effects OCTA is a   forest broker that allows you to trade the Forex  markets Commodities shares and indices now you and   I can't trade the market by ourselves and that's  where OCTA comes in they're a broker personally   I've known OCTA for a while they've been around  for a long time I have watched many Brokers come   and go and OCTA is still here OCTA effects copy  trading is available on web and you can download   the app on the Google Play Store at the time of  making this video it isn't available on the Apple   App Store what is available is the OCTA trading  app which is different from the OCTA FX copy   trading app now back to OCTA FX copy trading when  you log in you're going to see the tab for master   rating copier area master area area and terms  and conditions what you should focus on is the   Master's rating if you're on the mobile app go to  The copier area and tap on ratings to access the   master rating now slow down this is where a lot of  people get excited and make mistakes that could be   detrimental to their trading account what most  people do is pick random Master Traders that's   not the way to go now the first thing you need to  do is check the Master's risk score I recommend   you filter the risk score so that masters with  good risk score are at the top now the way the   risk score works is the have higher the score  the higher the likelihood of the master losing   your investment a risk score of 1 to two is good  run away from masters with a risk score of 5 to   six they may be profitable but the profit comes  with high risk and because you're starting out   you don't want that now after finding Master  Traders with good risk score you need to check   the Master's Equity this is important because  imagine you want to invest $200 and the master   you picked has an equity of $2,000 the master can  take a loss of $200 represents 10% of his equity   and he'll be fine but you on the other hand that  loss will wipe out your entire account in copy   trading you're not just following the buy and  sell orders of your master you're also copying   his lot and trade size hence this is why it's  important to follow masters with similar Equity   as yours another mistake I see most people make  is they just select masters with good risk score   and not look at the starts that's similar to  buying a football Striker and not knowing how   many goals the striker has scored in the past  now to to check the starts of a Master Trader   click on Master Trader look at the account  balance floating profits leverage and for the   risk management side the maximum unrealized  loss now the maximum unrealized loss is the   largest unrealized loss the trader has held at a  point for example this Trader's unrealized loss   is way too high for me so I wouldn't recommend  you pick this Trader another thing you should   take note of is the Master's minimum investment  if you don't have the minimum amount to invest   with that Master you won't be able to to copy the  trades of that Master now if you trade the market   or even trade a demo account you already know  this trading can be volatile and support funds   for volatility is important say for example if  a piece of news get released and goes against   the Master Trader the market might go against  your position for some minute and return back   to your favor so it's important to have support  funds to help with volatility usually 40% of the   required investment is enough and finally some  master Traders have a 7-Day trial period where   you can copy that trades and you won't get  to pay any Commission on the profits made the   trick to making money by copy trading is finding  good Masters I recommend you pick two or three   Master Traders just in case one doesn't meet your  expectation also professionals lose money as well   which is why picking the right Master Trader  can make or break your investment this is why   taking your time to study the Master Trader  is essential you can make money through this   hands-free trading method but you need to find  a good Master Trader that's the main thing after   tested out a number of Master Traders and some  of them will make you money while some of them   will lose your money so finding the right one is  very important so that's my take on OCTA FX copy   trading if you want to try it out you can check  the link in the description of this video thank   you for watching and I'm going to see you guys  with more videos like this Valor reviews signing [Music] out