Copy trading is a product that allows users to mirror the trades made by a manager. In CoinMetro, our copy trading platform is known as "TraM", short for Trade Mirror.
TraMs can either be public, or private. The vast majority of TraMs will be private. Public TraMs have gone through a thorough vetting process by the CoinMetro team, and the managers are experienced traders with a proven track record. Private TraMs are not visible to the public, and only accessible via a link that the manager can share.
There are no costs to follow a TraM. Allocate Euro or Bitcoin, and you will mirror the trades made by the manager. You are free to unallocate your funds at any time. Your money works for you, and the managers take a small management fee only on the profit you make. The fee is chosen by the manager, between 5-25%.
Anyone is welcome to start their own private TraM. Private TraMs are perfect to share with friends, family, and social media.
Would you like to learn more about how TraMs work? Learn more in our article TraM: under the hood!
Please note that the content of this article is not to be seen as trading or financial advice.
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-CoinMetro’s Customer Support