Frequently Asked Questions

Frequently Asked Questions

How Can We Help You?

General
What is copy trading?

Copy trading allows you to automatically mirror the trades of experienced traders in real time. When a trader opens or closes a position, the same action is executed on your account proportionally.

Do I need trading experience to use copy trading?

No. Copy trading is designed for beginners as well as busy investors who prefer a hands-off approach. You don’t need to analyze charts or place trades manually.

Do traders have access to my funds?

No. Your funds remain in your own account at all times. Traders do not have the ability to withdraw or move your funds. They only provide trade setups that your account follows.

How do traders earn money?

Traders earn commissions based on their performance and the commission structure they set. You earn profits from successful trades while they earn a commission for providing the strategy.

Can I stop copying a trader?

Yes. You can disconnect from a trader at any time. There are no lock-ins, and you are free to switch or stop copying whenever you choose.

Is copy trading automatic?

Yes. Once you select a trader, trades are executed automatically on your account according to the trader’s strategy and your allocation settings.

Are profits guaranteed?

No. Trading involves risk, and profits are not guaranteed. Past performance does not guarantee future results. You should only trade with funds you can afford to risk.

Can I copy more than one trader?

Yes. You can diversify by copying multiple traders, depending on your account balance and risk preferences.

Who controls risk on my account?

You do. You remain in control of your account settings and can adjust allocations, stop copying, or exit trades at any time.

Are there any hidden fees?

No hidden fees. Any profit-sharing or commission terms are clearly defined by each trader before you start copying them.

How do I get started?

Simply create an account, fund it, choose a trader, and start copying trades instantly.

Start trading with Wixad

1. Confirm your identity

In just minutes we can verify your identity and create your account.

2. Fund your account and trade

Deposit via debit card or bank transfer, and place your first trade.

3. Ready to start?

Open an account today, or try a free demo