Frequently asked questions

We are targeting 1 July 2026. We are currently in the pre-launch phase: building the platform, recruiting founding Gurus, and growing the waitlist. Early access invites go to waitlist members in order of signup date.

CopycatTrader is a pre-launch platform and is not yet providing regulated investment services. We operate as a technology layer that facilitates trade mirroring between participants who hold accounts at their own regulated brokers. You should review the risk disclosure before joining and ensure copy trading is permitted in your jurisdiction.

Join the waitlist on our homepage, the For Gurus page, or the For Copycats page. Early access invites are sent in the order you joined. The earlier you sign up, the earlier you get in.

Yes. Joining the waitlist is completely free. There are no subscription fees for Copycats. You only pay a performance fee when you make new profits above your High Water Mark.

Yes. CopycatTrader is a social copy trading (trade mirroring) platform. It connects skilled traders, called Gurus, with followers, called Copycats, who automatically replicate the Guru's trades in their own broker account in real time.

You connect your own broker through a read-only API key, browse a leaderboard of verified Gurus, and choose how much capital to allocate plus your risk limits. When a Guru opens or closes a trade, CopycatTrader mirrors it into your account within milliseconds, sized proportionally to your balance. Your funds never leave your broker, and you can pause or stop at any time.

Your money stays in your own broker account, under your own name, at all times. CopycatTrader connects with a read-only API key that has no withdrawal or trading permissions, so it is technically impossible for the platform to move your funds. API keys are encrypted at rest with AES-256, every database query is scoped to your user ID by row-level security, and an automatic stop-copy triggers if your drawdown limit is reached. Copy trading still carries market risk and past performance does not guarantee future results.

Three things. First, performance is 100% API-verified, pulled directly from each Guru's broker, so there are no fake screenshots or cherry-picked results. Second, fees are performance-only with a true account-level High Water Mark, so you pay only on genuinely new profit, never on a recovery from a loss. Third, it is non-custodial and multi-broker: your money stays at your broker and Gurus keep full ownership of their audience instead of being locked inside one platform.

Yes. Each Copycat sets a maximum allocation, a maximum drawdown limit, per-trade position sizing, leverage limits, and a slippage tolerance for copied market orders. If a drawdown or daily-loss threshold is breached, copying stops automatically, with no manual action required, to protect your capital.

Yes. Trade mirroring is fully automated. The engine detects a Guru's trade in real time and replicates it into every follower's account within milliseconds, sized proportionally to each follower's balance. There are no manual uploads, no screenshots, and no delayed Telegram signals.

There are no monthly subscriptions. You pay a 15% performance fee only when your allocation reaches a new profit peak above your personal High Water Mark. Of that 15%, 10% goes to your Guru and 5% to the platform. If you are in drawdown, you pay nothing.

The High Water Mark (HWM) is the highest profit level your allocation has ever reached. A performance fee is only charged on genuinely new profits above this level. If a Guru has a losing month, you pay nothing. If you recover losses, you only pay fees on the portion that exceeds your previous best, not on the recovery itself.

Your allocation decreases proportionally to the Guru's losses, just as it would in any trading account. You pay zero performance fees during drawdown periods. You can also set a maximum drawdown limit in your settings. If that limit is reached, copying stops automatically to protect you from further losses.

Yes. You can stop copying a Guru with a single click. Your open positions remain in your account. CopycatTrader does not close them automatically unless you choose to. You keep full control of your positions and capital.

All Gurus on CopycatTrader connect their broker via a read-only API. Their trades are tracked live and their performance history is calculated from real, verified data, not manually submitted numbers. You see win rate, monthly returns, average trade duration, and drawdown history before you decide to copy anyone.

You can copy multiple Gurus simultaneously. Each Guru relationship has its own allocation, risk settings, and independent High Water Mark. Fees are tracked separately for each relationship.

We are finalising our broker integration list for launch. The platform is designed to support major crypto and forex brokers with API access. We will publish the full list before the early access invites go out.

Yes. Followers can see your performance metrics and trade history, but your specific entry logic, indicators, and strategy details are never exposed. Followers see what trades you opened and closed, not how you decided to make them.

You earn 10% of every dollar your followers profit above their High Water Mark. The fee is calculated automatically at broker level via the PAMM mechanism. Payouts are processed monthly and visible in your earnings dashboard in real time.

It depends on your follower count and their allocations. If you have 200 followers each with a $1,500 allocation ($300K total), and you generate 3% returns in a month, that is $9,000 in new follower profits. Your 10% share is $900, from the same trades you were already placing. Use the income estimator on the For Gurus page to model your own numbers.

No. Followers copy you. They have no ability to modify, override, or close positions in your account. The API connection is strictly read-only in one direction.

You can disconnect your broker and deactivate your Guru profile at any time. Your existing follower relationships will be paused. Outstanding performance fees up to that point are settled on the normal payout cycle.

The fastest way is to share your personal referral link before launch. Every Copycat who joins via your link is pre-matched to you, so when the platform goes live they are already in your follower pool. Find your referral link in the dashboard under Settings → Referral.

You can start earning as soon as we launch and you connect your broker account. Copycats who joined the waitlist via your referral link will be your first followers. We are targeting 1 July 2026.