Social Trading at Pocket Option - How to Copy a Trader?
Social trading is one of the unique features of our platform. This section allows you to monitor progress, view ratings, and also copy trade orders of the most successful traders in the automatic mode.
Top ranked trades
In this section you can find how much profit other users make per trade on the platform. The rating shows the most profitable trade orders and it is refreshed every minute.
Top ranked traders for the last 24h
In this section you can find the rating of the most successful traders for the last 24h.
Opening the full list of traders
To see the full rating or find a particular trader, scroll down and click on the “Show full rating” button.In the window that opens, you can search for traders by their nickname or user ID:
Attention: The trader should have at least 1 trade for the past 24h in order to appear in the search results.
Copying a trader
If you have enabled Social trading, all traders that you copy will be displayed in this section. If your list of copied traders is empty, you can click “View top ranked traders” and find a trader to copy or watch.In order to adjust copy settings, select a trader in Social trading and in the window that opens, click “Copy trades”.
On the “copy settings” window you can adjust the following parameters:
Copy in proportion
The “Copy in proportion” setting allows you to adjust the proportion of the trade you are copying regarding to the original one. For example if you set this parameter to 60%, when you copy a trade of $100 you will open a trade of $60.Meanwhile, the payout percentage will be the same as in the original bet.
Stop balance
The “Stop balance” setting allows you to set the level of funds in your account at which the copying will be terminated. You can also stop copying at any time manually.Min copy trade amount
The “Minimum copy trade amount” setting allows you to set the minimum amount of the trade that will be copied on your account.Please note that your copy trade should be at least $1, as it is the minimum trade amount on the platform.
Max copy trade amount
The “Maximum copy trade amount” setting allows you to set the maximum amount of the copy trade that will be opened on your account.To save all changes in the copy settings, click on the “Confirm” button.
Attention: Please note that you can only copy original trades of the selected trader. It’s not possible to copy a copied trade.
Copy settings example
Let’s have a look at the following copy settings example:
Copy proportion is set to 60% - meaning only 60% of the original trade orders considering all other conditions are met
Stop balance is set to $70 - meaning that if the current account balance is equal or less than 70 USD, the automatic copying will stop.
Min copy trade amount is set to $6 - meaning that the minimum trade amount that will be placed on behalf of your account while copying is 6 USD (or $10 for the original amount considering the copy proportion).
Max copy trade amount is set to $75 - meaning that the maximum trade amount that will be placed on behalf of your account while copying is 75 USD (or $125 for the original amount considering the copy proportion).
A few examples and explanations:
1. Original trade amount is $20. The resulting trade order will be copied.
- Proportion 60% out of $20 = $12
- Min copy trade amount is $6 with the 60% of the original amount ($10) = $20 number is within that range
- Max copy trade amount is $75 with the 60% of the original amount ($125) = $20 number is within that range
- Proportion 60% out of $3 = $1.8
- Min copy trade amount is $6 with the 60% of the original amount ($10) = $3 number is NOT within that range
- Max copy trade amount is $75 with the 60% of the original amount ($125) = $3 number is within that range
- Proportion 60% out of $3 = $129
- Min copy trade amount is $6 with the 60% of the original amount ($10) = $215 number is within that range
- Max copy trade amount is $75 with the 60% of the original amount ($125) = $215 number is NOT within that range
Attention: it is prohibited to copy trades with the resulting amount of less than $1. Violation of this rule may result in a band of the social trading service.
Traders search
To find a specific trader on the platform, enter a user ID number or a nickname in the search box:
Please note that only those traders who have at least 1 trade for the past 24h appear in the search results.
List of copied traders
You can find a full list of the traders you copied or previously copied in the “List of copied traders”. If the list is empty, you can click on “View top ranked traders” button and start copying a trader of interest.
Disabling automatic copy
If you want to stop copying a trader, open the “List of copied traders” menu and in the window that appears, choose a trader and click on the “Stop copying” button:
Please note that the trades placed before you clicked on the “Stop copying” button will still be executed.
List of watched traders
You can find a full list of the traders you copied or previously copied in the “List of watched traders”. If the list is empty, you can click on “View top ranked traders” button and start watching a trader of interest.
Social trading setting
The social trading settings section contains several parameters that affect the functional and visual parts of this service.
