Warning about fraudulent copy trading brokers:
There are brokers that operate copy trading systems deceptively:
The "professional" traders whose trades are copied may actually be colluding with the broker to intentionally open losing trades.
When trades lose, the trader whose trades are copied receives a bonus or commission from the broker.
The broker takes the bulk of your loss, and you lose your money while the trader profits from the commission on your losses.
This system makes you a permanent loser no matter what you do, and you cannot make profits.
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How to recognize and avoid this fraud?
1. Ensure the transparency of the traders you copy: do they have a transparent trading record open to everyone?
2. Monitor the trader's performance over long months, not just a week or a month.
3. Look for licensed brokers and strong accreditation certificates, and do not work with unknown brokers.
4. Avoid brokers that give bonuses to traders on the losses of their followers.
5. Read reviews and experiences of real traders on sites like Trustpilot or Forex Peace Army.
6. Stay away from offers that seem "perfect" or guarantee 100% consistent profits, as they are often scams.
Final advice:
Do not risk money you need.
Try demo accounts first.
Do not put all your money into copy trading; instead, learn to trade yourself gradually.