How to Differentiate Between a Real and Mock Trader on Binance Copy Trading

When choosing a trader to copy, look out for these important indicators:

Look for the "Mock" Tag:

If you see the word "Mock" next to a trader’s name, it means they’re using a demo (fake) account and not trading with real money. Avoid copying these traders if you're serious about investing.

No "Mock" Tag = Real Account:

If there’s no "Mock" tag, the trader is likely using real money, meaning their trades involve actual risk and potential reward.

Key Stats to Check Before Copying:

30D ROI: The return the trader has earned in the last 30 days.

30D MDD (Max Drawdown): This shows the risk level – the lower the number, the better.

AUM (Assets Under Management): The total amount of funds being copied, reflecting the trader’s trustworthiness.

Sharpe Ratio: A higher ratio indicates better risk-adjusted performance.

Pro Tip:

Never copy a trader just because they show high profits. Always verify if they’re trading on a real account, and consider their risk level and consistency before copying them.

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