Copy trading forex on MetaTrader

Sessions decide when a strategy is even active

Currency pairs behave differently by session. A London-hours strategy on EUR/USD and an Asian-session range strategy on AUD/JPY are not variations on a theme; they trade different liquidity conditions. This matters for copying because it determines when positions appear in your account and whether they are held over a rollover — which is a cost you pay and the trader may not.

Spread is a per-trade tax on frequency

Because forex spreads are quoted in fractions of a pip and charged on every position, the drag scales with how often a strategy trades rather than how large it trades. A scalping approach taking dozens of positions a week can be profitable at a raw-spread account's costs and unprofitable at a standard account's, with no change to the strategy at all. If you are copying a high-frequency forex trader, your account type is part of the strategy.

Leverage is not the same as position size

Copy sizing is proportional to account equity, not to leverage. But leverage determines your margin requirement, so an account at lower leverage than the trader's can hit a margin limit on a position the trader carried comfortably. The result is a position closed early or rejected outright, and it typically shows up during exactly the drawdown you most wanted to survive.

Before you copy one of these

• Check whether the strategy holds positions overnight — swap is on your account, not the trader's.
• Compare your spread and commission structure to the trader's, especially for high-frequency strategies.
• Confirm your leverage is not materially below theirs, or size accordingly.

Browse traders

Every profile shows its equity curve, drawdown and individual closed positions, so a record can be checked rather than taken on trust.