If you're a proficient trader, you can earn additional income through JustMarkets' Copytrading feature by allowing other clients to copy your trades. This guide will walk you through the steps to become a Trader in Copytrading, enabling you to make a profit from your trading expertise.
Steps to Become a Trader in Copytrading
1. Register or Login to the Existing Personal Area. Start by registering a new account or logging into your existing Personal Area on JustMarkets.
2. Access the Trader Area in Copytrading:
- Navigate to the Copytrading section and click on "Trader Area."
- If you do not have an MT4 account, click the "Open An Account" button and open either an MT4 Pro or MT4 Standard account. (Note: Cent and Raw Spread accounts are not available for Copytrading.)
3. Set Up Your Account:
In the Trader Area, click on "Set Up An Account."You will be presented with settings for connecting an account for Copytrading. Complete the following steps:
- Choose an Account: Select either an MT4 Pro or MT4 Standard account from the drop-down menu.
- Create a Nickname: Enter a unique nickname for your strategy that will be displayed on the Leaderboard.
- Set the Commission Size: Define the commission percentage you wish to earn from investors copying your trades.
- Describe Your Strategy: Provide a description of your trading strategy to attract potential investors.
- Optional Chat Link: Add a link to your public chat if you wish to engage directly with your investors.
- Finalize Setup: Click on "Set Up Account" to complete the process.
4. Pass the Verification Process. If your profile has not been verified yet, you will need to complete the verification process. Note that in case you are not verified:
- Unverified accounts will not be displayed on the Leaderboard.
- You will not be able to change the settings of the connected trading account for Copytrading.
- You can’t set up and connect new accounts for Copytrading until verification is complete.
5. Start Trading:
- Deposit funds into your connected Copytrading account and start trading.
- Once you begin trading, your nickname and strategy will appear on the Leaderboard, allowing investors to start copying your trades.
Note: The minimum investment amount for investors is set automatically based on our internal algorithm.
Practice Before You Start
If you want to practice trading before becoming a Trader in Copytrading, you can open a free demo account. Demo accounts are available without any limits and allow you to test your trading strategies in a risk-free environment. For more information, check out our article on How does a demo account work?