If you want to become an Investor and participate in Copytrading, selecting the right Trader to follow is crucial. Here’s a guide to help you choose a Trader on JustMarkets.
Explore the Leaderboard
All Traders registered with JustMarkets are displayed on the JustMarkets Leaderboard. You can use various filters to find the right Trader for you.
Use Sorting Filters
1. Risk Score:
- Risk 1-3 (Green): Lowest risk. Traders use stable, long-term strategies with minimal risk, avoiding trading during high volatility or large volumes.
- Risk 4-7 (Yellow): Medium risk. Traders allow moderate drawdowns and deposit loads, using average transaction volumes.
- Risk 8-10 (Red): Highest risk. Traders use aggressive strategies, high deposit loads, and often trade during news periods without adhering to specific strategies.
2. Top Gainers: Sorts Traders by their Gain, the total profit in percentage relative to the loss.
3. Most Popular: Sorts Traders by the number of Investors copying them, from highest to lowest.
Filter by Period
You can view Trader statistics over different periods:
- All time.
- 1 week.
- 1 month.
- 3 months.
- 6 months.
Search by Nickname
If you have a specific Trader in mind, enter their nickname in the search field to find and start copying them directly.
Filter by Minimum Investment Amount
Specify the minimum and maximum investment amount to find Traders within your budget.
Filter by Minimum Expertise
Each Trader’s expertise is divided into five levels:
- Newcomer.
- Experienced.
- Advanced.
- Professional.
- Expert.
Once a level is achieved, it remains attached to the Trader's account.
Look for Trial Period
Some Traders offer a trial period, allowing you to copy them without paying a commission for 7 days.
Review Trader Profiles
Each Trader’s profile includes detailed information:
1. Trader’s Nickname and Expertise: Displays the Trader’s name and expertise level.
2. Minimum Investment Amount: Automatically set based on the trading strategy using JustMarkets’ internal algorithm.
3. Risk Score, Equity, and Commission: Shows the Trader's risk score, equity, and commission setup.
4. Statistics Title: Includes the Trader's success metrics:
- Gain percentage.
- Number of current Investors.
- Profit and Loss for selected periods (1 week, 1 month, 3 months, 6 months, All time).
5. Profit Chart: Visual representation of daily profit statistics.
6. Account Details:
- Floating Profit: Total profit from all currently open positions on the Trader’s account.
- Balance: Trader’s funds excluding open orders.
- Credit: Funds credited to the account, such as deposit bonuses or promo codes.
- Leverage: Current leverage level on the Trader’s account.
7. History Tab: View the trading history of closed trades, open trades, and all balance operations on the Trader's current trading account.
Practice with Demo Accounts
For practice, JustMarkets offers demo accounts for free and without any limits. Demo accounts are an excellent way to familiarize yourself with our platform and test your trading strategies in a risk-free environment. For more information, refer to the article How does a demo account work?