01 — Copy trading

How copy trading works.

Copy trading lets you allocate capital to a Popular Investor's portfolio while keeping the money in your own account and staying in control of the allocation.

This page explains how eToro CopyTrader works, what you control, and what to understand before copying anyone — including me.

02 — The basics

What is copy trading?

Copy trading means allocating an amount of your own money to automatically replicate another investor's portfolio. On eToro, the user being copied is a Popular Investor — under eToro's current CopyTrader rules, only Popular Investors may be copied. The copied positions are opened in your own account, sized in proportion to the amount you allocate.

From then on, your copy follows the Popular Investor. When they change their portfolio, corresponding changes are made to your copied allocation. When you want out, you stop the copy — the account, and the decision, stay yours.

A simple example.

If the Popular Investor you copy holds 10% of their portfolio in one company and you allocate $5,000 to copying them, roughly $500 of your copy goes to the same position — subject to eToro's minimums. As their allocation shifts, yours shifts with it.

03 — Step by step

How eToro CopyTrader works

Step 01

Choose a Popular Investor

Only members of eToro's Popular Investor Program can be copied. Review their track record, risk score, drawdowns, portfolio and strategy before anything else.

Step 02

Allocate capital

Decide how much to allocate — currently from $200 per copied Popular Investor. The money stays in your own account.

Step 03

Positions are copied proportionally

Your allocation mirrors the Popular Investor's portfolio in proportion. You can include their existing positions at current market prices, or copy only new trades.

Step 04

Changes are reflected automatically

When the investor buys or sells, corresponding orders are made in your copy — automatically, without an approval request each time.

04 — Your account, your rules

You stay in control.

Copying is a standing instruction you give — not a handover of your account. eToro has no discretion over it.

Your money stays in your account.

Copied positions are opened and held in your own eToro account. It is not a managed account.

Stop whenever you want.

End the copy at any time and choose what happens next: sell the copied positions, or keep them and manage them yourself.

Add or remove funds.

You can increase or reduce the amount allocated to a copy; the allocation is rebalanced to stay in proportion.

Pause without selling.

Pausing stops new trades from being copied while existing copied positions continue to follow the investor's close instructions.

Close individual positions.

You can close a single copied position without ending the whole copy — though your copy may then drift from the investor's allocation.

Protective limits.

An automatic copy stop-loss can end the copy if its value falls to a set level. Defaults and adjustable ranges depend on your region and eToro's current terms.

Exact features, names and default settings can vary by region and account type — eToro's current terms apply.

05 — The mechanics

What happens when the investor changes the portfolio?

They buy

A proportional position opens in your copy, funded from your copy's cash. If your share of a position would be under $1, it is skipped.

They sell

The corresponding part of your copy is sold too — automatically and proportionally, including a full move to cash if that's what they do.

They hold cash

Cash is part of the copied allocation. It sits in your copy until the investor deploys it into new positions.

Markets are closed

Instructions placed outside market hours queue until the next open and execute at the first available market price.

Timing & sizing

Copies are sized against your allocation, not the investor's account size, and small allocations may not replicate every position exactly. Your entry prices — especially when copying existing positions — can differ from theirs, so results can differ too.

06 — How I invest

How I invest

Long-term and data-driven: structural growth themes held over a 5+ year horizon, with disciplined capital allocation that changes when conviction, valuation or market conditions change.

07 — Do the work first

Before you copy anyone

Copying is an investment decision like any other. Examine the record — anyone's record, including mine — before allocating a dollar.

Track record

Years of history, not months — through at least one difficult market.

Drawdowns

How deep the losses went, how long recovery took, and whether you could sit through them.

Risk score

The platform's risk measure over time, not just today's number.

Horizon & strategy

Whether their time frame and approach match what you want your money doing.

Concentration & leverage

How much rides on a single idea, and whether returns are amplified by leverage.

Consistency

Whether the results come from a repeatable process or one lucky theme.

Your understanding

The most important one: never copy a strategy you couldn't explain to someone else.

08 — The honest answer

Can copy trading lose money?

Yes.

A copy performs the way the copied portfolio performs — including its losses. Copy trading does not remove market risk, and past performance is not a reliable indicator of future results.

Your outcome can also differ from the investor's: entry timing, the size you allocate, skipped small positions and your own changes to the copy all shape the result. Before copying anyone, understand the underlying strategy well enough to know what kind of losses it can produce — and decide whether your allocation could withstand them.

Investing involves risk. Copy trading does not guarantee returns, and past performance is not a reliable indicator of future results. Your capital is at risk.

09 — Copy trading FAQ

Common questions, straight answers.

What is copy trading?

Copy trading lets you allocate an amount of your own money to automatically replicate another investor’s portfolio. The positions are opened in your own account, sized in proportion to your allocation, and follow the investor’s future trades until you stop.

How does eToro CopyTrader work?

You choose a Popular Investor, decide how much to allocate, and start the copy. eToro proportionally mirrors that investor’s portfolio inside your account and automatically reflects their future buys and sells. You can pause, add or remove funds, or stop the copy at any time.

Can you copy anyone on eToro?

No. Under eToro’s current CopyTrader rules, only Popular Investors may be copied — participants accepted into eToro’s Popular Investor Program, which is built around standards of transparency, responsibility and consistency. Ordinary user accounts can’t be copied.

How much money do you need to start copy trading?

On eToro the minimum is currently $200 per Popular Investor you copy, and any individual position that would be worth less than $1 is skipped. Minimums are set by the platform and can change, so check eToro’s current terms before copying.

Can you lose money copy trading?

Yes. A copy performs the way the copied portfolio performs, including its losses and drawdowns. Copy trading does not remove market risk, and past performance is not a reliable indicator of future results.

Is copy trading safe?

Copying on a regulated platform keeps the money in your own account and under your control, but “safe” never means risk-free: you take on the full market risk of the portfolio you copy. The most important safety step is understanding the investor’s strategy, risk and drawdown history before allocating anything.

Can I stop copying at any time?

Yes. When you stop a copy on eToro you choose what happens to the copied positions: sell them, or keep them in your account and manage them yourself. You can also pause a copy, which stops new trades from being opened while existing copied positions continue to follow the investor’s close instructions.

What happens when the investor I copy buys or sells?

Their trades are reflected in your copy automatically and proportionally — a buy opens a proportional position in your account, and a sell closes the corresponding part of your copy. No approval request is sent first: the copy runs on the standing instruction you gave when you started it.

Do I own the investments in my copy?

Yes. Copied positions sit in your own eToro account — it is not a managed account, and eToro has no discretion over it. You can even close individual copied positions yourself, although doing so means your copy may no longer match the investor’s allocation.

Does copying include the investor’s existing positions or only new trades?

You choose when you start. eToro’s “Copy Open Trades” option (on by default) replicates the investor’s existing portfolio at current market prices — not their original entry prices. If you switch it off, only trades they open after you start copying are replicated.

Are there fees for copy trading?

eToro does not charge an extra fee for using CopyTrader — no management, membership or performance fees to the copier. Standard trading costs, such as spreads and any applicable transaction fees, still apply exactly as they would for manual trades.

Can I copy more than one investor?

Yes — eToro currently allows up to 100 Popular Investors to be copied at the same time, each with its own allocation. Spreading allocations across investors with different strategies is one way copiers manage risk.

How do I choose someone to copy?

Look at the full public record, not one good year: long-term track record, drawdowns, risk score, portfolio concentration, use of leverage and how consistent the strategy is. Then decide whether that strategy — including its bad periods — actually fits your goals and risk tolerance. Start with a full record: my track record and my strategy are public.

10 — The invitation

Invest alongside me. Stay in control.

My portfolio, performance and risk are public. Review the record, then decide for yourself whether the strategy fits your goals and risk tolerance.

Investing involves risk. Copy trading does not guarantee returns, and past performance is not a reliable indicator of future results. Your capital is at risk.

Some “Join eToro” links on this site are affiliate links. Disclosure

eToro AUS Capital Limited ACN 612 791 803 AFSL 491139. Social trading. eToro does not approve or endorse any of the trading accounts customers may choose to copy or follow. Assets held in your name. Capital at risk. See PDS and TMD