What is Copy Trading?
Copying the trades of one trading accounts to other trading accounts is called Copy Trading. This is done by using APIs. Using copy trading, one can easily copy the trades in multiple account as well. Copy trading will allow you to receive automated signal from a signal provider and copy them into your trading or demat account even when you are not available at system.
Copy Trading is also considered as advanced version of Social Trading. Copy trading feature is beneficial for new traders as new traders can copy the exact trade from expert traders.
How Does Copy Trading Work
So now the next question is ‘How Copy Trading Works’. In copy trading, two types of accounts are involved:
1. Master Account
2. Child Account
Master account takes all the trading decisions while child account follows the decision taken by master account. Both of these accounts are required to run copy trading system. There can be only one master account and child account can be more than one in numbers. Master account can copy trades to multiple child account.
How to do Copy Trading?
To start copy trading, a copy trading software is required. Combiz Services Pvt Ltd is a copy trading service provider which provides the various algo trading tools, Copy Trading API, and best copy trading platform. It is a popular copy trading service provider in India and provides copy trading facility in NSE, BSE and MCX.
Features of Combiz Services Pvt Ltd Copy Trading:
• Users can copy the exact trade form the account of expert trades.
• Trades can be copied in multiple accounts.
• Your trades can get copied even when you are not available. This makes it suitable for part time traders as well.
• It works on various segments such as stocks, commodities, currency, foreign exchange etc.
Combiz Services Pvt Ltd Copy Trading Price:
There are various plans available depending upon the number of account or license you are willing to operate. You can choose the plan as per your choice.
No. of License