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Hello, what platform do you recommend to do copy trading that you can start investing with less than 100 dollars? I understand that most platforms require a minimum of 100 to do copytrading, right?
are there any other options besides bingx to start with less than 100?
And some tips to choose the best traders?

Hello, what platform do you recommend to do copy trading that you can start investing with less than 100 dollars? I understand that most platforms require a minimum of 100 to do copytrading, right?
are there any other options besides bingx to start with less than 100?

OP let me just drop you this should in case you ain't familiar with the rules of the forum, this board is for bitcoin discussion and you're trying to ask about trading which i think should be best done in under speculations or trading discussion, anything that has to do with bitcoin price and patterns were directed towards thier approved board for such discussion, also you don't need to keep repeating yourself.

Not to sound rude or anything, but if you can't scrape together a $100 maybe you shouldn't be thinking about investing just yet and instead focus on developing skills to increase your earning potential. Just saying.

That being said, I think eToro allows deposits of less than $100, I think the minimum was $10 (depending on your location and deposit method) but not sure - but might be worth checking. And remember that majority of traders on such platforms would lose money.

As @Dunamix said you need to learn some rules first in this case and I also suggest the same you should move your thread to https://bitcointalk.org/index.php?board=8.0  (https://bitcointalk.org/index.php?board=8.0) because indeed the bitcoin board is not very fit for it.

On the other hand, I actually don't really understand Copytrading with Investments because when we do trading, I think this is different from investing. and if it is possible, I personally suggest starting alone by learning first rather than copy trading because in my opinion you will find nothing from it in terms of experience.

Not sure about the minimums, but you might want to test out eToro or STFX(crypto DEX-like platform). DYOT.


I personally can't even recommend copy-trading so you do you. I'd only do it for fun.

If you find it difficult raising $100 to invest in trading you should not be talking about copy trading at all. Maybe you should start with spot trading and buy only bitcoin or other top coins. Keep away from tokens with hyip or apy because they most times end up as scams and will cause you to lose money. Copy trading is not for those with weak minds.

Copy trading is a lazy trader idea even if the trader is inexperienced she can spend some time and develop her knowledge.
In the meantime, I hope you know that copy trading is just entrusting your investment to someone you barely know who claimed to be an expert or professional trader, and if the person trading fails you lose your investment. However, Etoro (https://www.etoro.com/copytrader/) seems to have a feature for copy trading, and Mati Greenspan (https://twitter.com/MatiGreenspan) who also a former worker of Etoro also provided market analysis years ago I don't know if he's still doing it.
Having said that, I will advise you to DCA $100 in BTC instead of the copy trade.

Copy trading? This do usually can be found on eToro but not something recommendable and also with that 100 bucks then it cant really be just sufficient if you are really that asking out for that copy trading.
Just like the rest been suggesting on here that it would really be that ideal if you do simply start off with spot trading and wont tend to touch up copy trading and would rather make yourself
do learn with those basic trading principles out of that hundred bucks of yours.Its understandable for a noob to avoid risk and losses at first but this is something inevitable.
Bare with these things or else you cant really be able to learn up things about trading.

Why not?
If OP wanted to try copy trading even just once, why not. Before I am curious about copy trading and how it will work, so I tried it is the Etoro exchange platform which is very popular and the most suggested exchange here before --so I give hints on it. Until such day I realized that we need to move on with the strategies and skills that we have used. But the eToro platform is very expensive because there is a minimum amount to deposit and to start copy trading. You must have a minimum amount of $200 before you will be able t do a copy trading on that eToro exchange which is I think not bad if this is your first stepping stone to learn in trading.

It seems that you're going to rely solely on copy trading, it may be somehow good at times but not really good in the long run. You don't know what type of mindset the trader you're about to copy and there could be some trappings that may happen and one of your funds might be affected by that if the trader decides to trip all of his followers. Generally speaking, it's totally risky if you're going to do copytrade but with such amount I think you're on your shoe and that's okay to lose for the sake of experience.

Trading is best done if one take the giant step to learn every knots and tie of the whole market operation. Copy trading have helped alot of newbies and have also liquidate the trading accounts of most of them. It's risks is  censorious and not advisable to trade if not having enough funds in trading accounts. Top experts trading pattern varies with contrasting view of the market, the whole process is just commonsensical and running at a loss would triggered prompt gloom-ridden predictions.

In copytrade, traders must be careful before deciding to follow lead traders and usually the exchange will provide information regarding about the lead trader such as Win Rate, ROI and so on and this information must be able to become a reference which one will be chosen as a lead, do not know exactly which exchange provides copytrade with only $100 in funds maybe Op can check on the mexc exchange because this exchange provides the copytrade feature.

@OP $100 is small money to start trading, if you don't have at least $100 it's better if you don't start to trade and collect more money first. Don't forget every exchange charge a lot fee when you want to withdraw and every trade you need to pay trading fee. I think you're not really familiar with trading and want to make money via instant way e.g using copytrading, you could lost all of your money without learn anything.

Crypto trading is a volatile type. It is not stock that you can invest a $100 and go relaxed that you already have investment. If you already have a platform that you do your copytrade and it is going well but your concern is a platform for cheap investment, you better stick with what you know and don't try to look for what you don't know. Investing with $100 is not too much in crypto trading.

Copytrading with a trading deposit of less than $100 is available on the Bybit.com exchange. Ratings that can be filtered by the highest profit of subscribers or by ROI will help you figure out the choice of traders to copy. On my own behalf, I want to add that copytrading very often leads to the loss of the deposit if you set it up incorrectly.

Copy trading is something, I do see frequently as an interesting recommendation from many people here but I yet to hear a success story out of it. If it would be an easier way to make profits like pro traders then I am sure that many trusted people from this community must have shared their real experiences (sorry I do not count unestablished people to rate anything). So, there would be multiple hidden catch within those copy-trading schemes. Otherwise, we would have got many millionaires here.

I remember, to avail copy trading feature on some exchanges, we need to pay a subscription fees which again adding another layer of losses to your capital before you open a trade. By the known fact of 'pro traders also hit stop-loss time to time', I guess we need to copy all 100% trades of a pro trader, otherwise we may miss some profitable trade but will copy a losing trade with all our capital.

I think it is better to avoid copy trading as much as possible, because doing copy trading only follows others and does not develop trading skills in oneself. And if you pick up the wrong trader for follow or copy  trade, then you will be loss your fund and skill both . Moreover I would suggest it only for beginner traders who are going to start trading.
Many people follow social media to select traders means taking signals from social media I would call it risky. And I would suggest to select the trader who has good accuracies in terms of earning profit from the leader board of the exchanger.
https://tixee.com/wp-content/uploads/2021/10/image-1-1-1024x760.png

Making yourself do follow into those top ranking profitable traders which you could really make out some following then its up to someones choice.$100 is a small amount but i do hear off about
Bybit which we know that it isnt really that much popular but its not bad to consider either, i cant really just that too confident on making deposits on platforms which arent really
that sitting on the top ranking or known ones. Just like others been suggesting on here that copytrading isnt something that a good idea but for the sake of curiosity and
just want to test out something then its not bad to try.

What is bingx?
I've never heard of it before. You can try bitget or bybit's copytrading. I have used bybit's copytrading and I can vouch for their services, it was a good experience and everything is under our control where we set our goals and select the best trader based on their entire performance. Do not choose any trader based on their recent performance because that doesn't guarantee that they will keep consistency and trade likewise, so try to be careful whenever you choose any trader. There's one bad thing about copytrading, the best traders with the best results are already full so try to wait and get a slot in their team, don't be in a hurry and don't copy any 'just another' trader.

No offense but copy trading for me is like burning your money with someone else idea on how to "make" profits in trading. But if you really want to try it, then go ahead. In my opinion, I'd rather slowly make profits in spot trading, buying low and selling high, little by little but sure profit. Then I'll go ahead in futures, to level up the thrill and profits, but of course you have to prepare yourself, study more, to avoid liquidations as much as possible.

But to be honest, you'll need a lot of money in trading before you could make a lot of profits because of experience.

I have heard about copy trading before, in some specific brokers and exchanges, like eToro.
I don't think copy trading is a good idea, specially if you are in a position where you can't afford to lose money because a bad position.

Let me put it this way, out in the market there are actual professionals, fund managers, investment advisors etc, who would charge your for their services and they have reputation they have built through the years.

If copy trading was profitable, it would be a direct competence to those professionals and services, which leads me to believe that when you accept the Terms of conditions of the copy trading, you agree the platform does not take any responsibility on the losses of your money and they may even not guarantee the reliably of their traders and their statistics.

There is a good reason why people hire a financial advisor instead copy trade, OP.
Take care of your money and do not get scammed.

Copy trading is not investing but a way of trading by following what other traders are doing.
You only need to imitate what they do and wait for the results but this method is not recommended because the market is still fluctuating as it is today.
You should buy bitcoins with the DCA strategy, where you can buy at a lot of low prices and keep them.
I never heard of bingx like you mean so you better be careful and not try copy trading like everyone else.
You should try to trade yourself with your abilities to improve your trading skills through analysis.

I think it's inappropriate to call it nonsense because there might be people who are good at doing this or find it beneficial but if we are a starter, especially in crypto trading then we shouldn't jump on these things easily because it can do more harm than good.

The minimum amount to be able to do this is slightly higher but I think I know why. That is because you will still need to pay something for the platform that conducts this service. They are the ones who can earn a guaranteed profits and not the traders. So, you are right that if we have some knowledge in trading, it will be better if we can just be independent as it's more efficient to do than relying on these things.

It is nonsense because copy-trading tries to violate one of the most basic trading principles, and that is that your profits are proportional to your level of skill, lets look at sports, which athletes are the ones that earn the most money? And in the majority of the cases you will find the most skilled athletes at their respective sports at the top, and how much are paid the mediocre players? Almost nothing and that is if they are being allowed to play at all at the professional level, and this same logic is true for trading as it is an activity in which your skill level determines your profits.

Etoro platform is one of the most famous copy trading platform but I don't know why you choose copy trading and if you did because you heard something like you can become rich with no skill and less money then its just an advertisement gimmick to gather more traffic but in reality there is no guarantee that even top earning trader will do the next trade in profit.

The hundred dollars in question is it the one you will pay to the platform that will give you the opportunity to copy trade or is your capital for trading.
In either way I think it does not make sense or if it is what you have e been doing before and succeeding it is alright that you continue to do it.

But if the $100 is your capital I doubt it will fetch you much in this present situation of the crypto-currency market and if it is a subscription to a platform please save it, learn how to trade and take charge of your money and decision by yourself. It is better you blow your account yourself than relying on third-party idea to blow your money

It is just advertisement gimmick and nothing more. Just because someone made some profit before, doesn't mean you could follow them up later on and make a lot of profit that way neither, that was then and now is now, there is a difference.

I made insane amount of profits back in the day as well and now I am not making that much profit, which proves my point that if you saw me just 3-4 years ago and even just 2 years ago, and how much I profited, you may have considered me as a great trader and follow me, but the past 1 year I have constantly lost money and if you started to follow me because of my past, you would have lost most of your money in the last 1 year.

When you said copy trading you are making me to be confused over cryptocurrency market trading, do you really means emulating the systematic of trading, i believe that trading have to deals with information, from my perspective in trading. So therefore i think that needs more information to justify it's composition.

I like this topic, because I have a friend who started a little before me in the forum, and he is dedicated to hedge copu trading, it is what they give signals and people follow him and copy his trades, but of course they must pay, so this is something that at least does not catch my attention, unless the person doing the copy trading says and from his analysis and puts everything there, if a group were like that if I would like to do the copy trading, but Anyone who does that can invent their signs and pioneer others to follow their advice, this is something I don't like, because it is not known that they fundamentally abstained to analyze it.

Analytical trading works well copy trading is not a good job at all it will hurt you a lot. Because if you copy his trading system and trade in his system then you will lose in few days. We should stop those who trade by copying the food trading system. And if he trades in his own system then you will not lose and you can learn a lot.

Have you tried bybit exchange for copy trading? It is very famous for copy trading.

I don't know what is minimum account balance is required for copy trading on this exchange. So you'll have to check by yourself.

Find a trader that has good accuracy and has thousands or at least hundreds of trades in total.
*Remember every trade that makes a profit, 10% of that profit will go to the trader you are following.

I know a few people who do it too and they do not realize that copytrading is the reason why they are losing money, they keep saying that the person they followed was the trouble and they will make a profit after they find a better one, and that's an issue, I do not think that they just found a wrong person, they are actually quite bad in the long term for sure.

This is why I believe that we shouldn't be doing any copytrading, you may think that you found "the one" that could make you profit but thats not true, there is no the one and there won't be any. Someone could make you money for a while if you get lucky, but there is no long term solution to it.

There are site who enable this option where you can copy the trading strategy of a good trader but I think this is still too risky even on a small amount of money. If you are going to trade better to learn this on your own and don’t depend on any signal group or on a copy trading. I don’t suggest this one, better to use that small capital to learn more about trading and come back here once you already have a good skills for trading, it might take time but its worth it.

It is interesting how a single mistaken belief can be so damaging, the evidence is there for the people that you know to make the right conclusions and yet they fail to do so simply because they think that copy-trading is a legitimate way to make money in the markets, it seems it never occurred to them that even if by some miracle they could find a person which could give them the success they are looking for, they will go back to square one the moment that person decided to not allow anyone else to copy his trades as now he is making a lot of profits and now he fears some of those traders copying him could figure out his profitable strategy.

Before you mirror someone else's trade you should first find out the repercussions in it. There's this mischievousness of market markers hunting down stoploss and that is bound to wipe big accounts, definitely copy traders will be affected too. Again, from your $100 you will have to pay certain commission to the trader you're copying their trades if at all you make any profit from it. The best advice will be for you to learn how to trade yourself.

Copy trading is for those who own a lot of money + they don't have time to spend on the analysis and all the trading-related stuff but i am damn sure a newbie or a person who owns a few amounts of money should not try this. As recently in Pakistan copy trading by students from the waqar zaka official was the hot topic for taking wrong trades in volatile market.   

According to my own observations, when I copy the trades of experts, they end up losing more than 50% of my trades.
Personally, I like to trade alone.
The exoert traders use extremely high leverage when trading short-term, and if you use a stop loss of at least 50%, you simply cannot complete their trades with your money still in tact. I find this too risky for my liking. I'm still not ready to take the risk of copy trading.

I'm gonna share my personal experience of copy-trading I have been copied on 2 platform the first one is bingbon and now called BingX is futures paltfrom like bybit i deposited 100$ might not much for you guys but this a lot for me and then I'm ending up a couple of dollar and total doomed
and second I tried binance traderwagon and same i tried it with 200$ and ending up 30$  :'(

I don't know why maybe I choose the wrong lead trader but after loosing money I decided to stop but sometimes I see people share their profit and make tempting again  ;D

The better choice if you want to try copy trade is by watch their Winrate, 30D ROi and 30D MDD and Runtime

In my opinion trading is more like gambling  ;D you can earn much but you can also lose much

If I were you learn how trade work and try in spot before put big money on it

Even people with a lot of money should not use copy trading. We should analyze and trade by ourselves, relying on others will be very difficult to achieve good results, I have not seen anyone succeed by copying others.

To the OP, what you need is knowledge, not copying. As I said, I haven't seen anyone succeed by copying others. Most newbies will choose the path you are choosing, and then they give up on it because of a loss and do not bring any useful knowledge. So hope you don't go their way.

Instead of copy trading, you should trade yourself by trying to do an analysis. It will be better because you can also improve your analytical skills so that it will be better than before. In addition, you don't need to be confused about choosing the best trader to copy because you will never know whether he is really the best trader or if he is just lucky enough to trade. But if you have better trading skills, you cannot depend on others and can trade whenever you want.

That's what i have been emphasizing on. Because having advantages in trading you most at have your own measure you do take instead of taking a step or the systematic way of another person, because take another way of another person method can make you to venture into negative, so I'm of the motion that someone should development it's own systematic ways, so i believe such will be better than coping someone trade. And it's obvious that no profitable trade who doesn't develop it's method of becoming success in trading alone

I think it also has to do with the platform that you use. Are you sure that they are legit? Because I never heard of them before. There must be legit and popular platforms to try copy trading. Maybe you can try again for the last time and see if there is any change on the result that you are getting.

Also you shouldn't use money which are high enough especially if you are dealing with things which are still new to you but even if we are familiar with it already, it is always advisable to use only amounts that we can afford to lose easily. Trading and gambling have some similarities and that is their risks are high but IMO winning can be more attainable in trading than in gambling.

I think that your loss of deposit is due to the fact that the trader you copied used the x1 leverage, and you used a higher leverage. Thus, the leading trader will still be in the position, while your order will be liquidated by that time.

If you really want to earn some passive income through copy trading then my suggestion is you can try Etoro where you can also see the history and the win rate of the trader that you want to copy but I do not suggest this kind of strategy to make profits because it makes you a DEPENDENT INVESTOR/TRADER. You do not have any power to buy in right time and to exit in the market. If you became a dependent investor, you will lose confidence in yourself where you prefer to follow the decision of others rather than your own decision. I suggest that you should divide your capital in half first then try to invest the 1st half in gaining skills and knowledge about trading and use the other half for your startup capital account.

A few years ago, I opened an account on eToro for the purpose of trying their copy-trading feature. But when I read online that some people talking about the spread gaps which I already forgot but probably around 1% to 3% something. Even a 1% gap is already big for me especially when I tried to scalp trade before. There is no harm in trying though and you can test it with a small start of $100. It's your choice but I would rather make my own analysis or at least base some of my analysis on popular traders and analysts since there are a lot of them available online.

That's definitely the main reason. When you use leverage but at 1x rate that's basically nothing, the highest I have ever seen is 150x which means that it would be liquidated in a second if it goes on the wrong direction. Which is why it's very important to make sure that you end up following what's going on and you should be trying to avoid doing anything like that.

I know that getting ahead of yourself with these of trades are common and something that everyone does, but you shouldn't do anything that you are not fully in charge of. These leaders know what they are doing and they still make wrong moves, if we do even more then it's going to end up with a lot worse results.

The BingX is now popular at least in my country and now its getting bigger because its platform also offers spot trading they used to only offer futures trade that gather data from binance exchange futures the real benefit is they offer lower fee.

The trader wagon in the other hand is relatively new platform but this got a recommended from binance since you are gonna see if open binance futures leadboard so i think this platform must be good but in reality the bug still there, they are tying to fix it sometimes I see a bunch complaint in their telegram group too.


Yep the traderwagon offer 2 different option when it comes to leverage either you choose the x10 leverage or follow the lead trader, but in my case my lead trader never goto above x20 level, the wrong move they do usually don't put the stop losses at least this what i found on my last copy trade

If someone has a lot of money and they do not have the time or the interest to learn how to trade on their own then why use copytrading when they can simply hire a money manager which could do the job for them? Now obviously picking a money manager has all kind of issues and pitfalls in which you may fall, but that would be the correct option for those people, in a way those which engage in copytrading seem to want to imitate this dynamic but without having to pay big money for the service.

Always have a good idea about cryptomarket if you want to trade. Those who are new traders should start trading first with the help of others. The more time you spend with trading, you will get better idea about trading. There are people who know nothing about trading.  When they start trading knowingly, they lose their money. So if you trade with a good idea about the trade, there is very little chance of losing money.

That is the main reason why I don't recommend to put your money in fund manager because you do not have full control in your investments. There are a lot of safe proclaim fund manager who's faking their identity to steal the money of their investors. There are also some instances where they purposely lose the funds that they hold. It is possible to make money from investing in fund managers but the risks are too high because finding the right fund manager is not easy. It is really hard to find someone who have a good skill in managing the funds.

I prefer to do copy trading than investing in fund manager because you have more control on your assets on it, there are some fund managers who have strict rules and condition where you cannot withdraw your funds immediately.

Relying on copying is a poor way to learn to trade and in a long time, if it continues op might 3nd up losing some significant amount of money because there is no guarantee in this kind of trading so it is mostly about taking risk that could make you to crash your entire your entire capital with the hope that things will get better.
I will rather advised op to learn trading thoroughly eonthag he will know the certain reasons why people decided to go for a particular trades. Trading has soqny things to learn with more obvious risk management to prevent significant loses.

Yes, this is a must. I also don't recommend investing in copy-trading since it might turn into a big loss if you have invested a lot. There are a lot of exchanges that are offering this kind of feature but the only problem is that there is no policy if you lose a lot of money from the trader you chose.

That' why learning trading might take years but it is really worth it once you know the flow of the market and it's pattern.

Yes, dear agreed,
I don't know did i mentioned it or not the last incident in my country a famous trading personality was teaching Copy trading and Many students invested small amounts of money but not small for them because they invested it from their pocket money or from borrowings. Due to small wrong trades of That person, all students lost their value able assets.

With all due respect I think OP is at the right board and  this is a trading discussion board and I don't see anything wrong with his questions .
With this been said, most people shouldn't take things too personal especially when it has to do with newbies because it is so discouraging and I'm sure that here (Bitcointalk forum) is a learning ground were we unlearn, learn and relearn and the more reason while we have ranking is to help build teammanship  and support people who genuinely want to learn and I think OP is one of those seeking answer to their problem.
@OP you should have a relook at your post because it seems you wrote it twice and to answer your question, you should try octafx copy trading app, just a suggestion and you should do your own research.

Instead of copying the trading strategies or even the trading history of others, it will be better if you will first acquire trading skills so you won't have to rely on anyone. Having enough knowledge about trading will be your advantage because following the footsteps of others in trading might only lead you on the wrong track. You must learn how to trade on your own by dealing with the volatility of the market and learning how to analyze it. There are already lots of trading resources that you can find online and you only need to be eager to learn.

I only know it is possible to do copy-trading in forex, never knew it was already possible to copy trade in crypto, founding this feels great, at least, newbies who are just starting out in crypto now have options through which they can make some money while learning the market, it is indeed a good development, I will definitely try out copy trading on one of the exchanges mentioned here, let me see how profitable this is.

Im aware on eToro on having that copytrading feature whether you are dealing with crypto or with those common forex things but i dont know if there are ones here on crypto space which are focusing on that or having the features for someone to follow up but im sure there are ones who are currently existing.Copy trading is never been worth specially for a newbie on which it would really be that hard for you to
to make yourself progress when you are just following someone unless if you do study off gradually to make yourself to be an independent type of trader on which it would be preferable on this way rather
than on being reliant into others.Learning would takes time and this is where people doesnt really like and this is where they do decide that they would really be hurrying up themselves and
ending up on lots of errors and mistakes.

Dear these features are not new to the crypto market but now these features are automated so people who enter the market recently prefer less effort works. These automated bots and Copy trading option were available in past but their definition was different. I think you know about signal's those were and still are very popular in newbie traders are also a type of copy trading in which users totally relays on the signal provider's analysis.

I'm doing all sort of trading and I can tell the most signal trading I saw is in binary options... That much only happens in crypto when we are in full swing with bull market. As for bots I have tried using some od them but I don't have that kind of money so I can trade with it.

Binary options is some sort or could really be compared as gamble considering about on guessing the price direction or point on neither 1 minute or several minutes timeframe or even some offers under few seconds which i could say that you cant really apply any analysis into that no matter how good your are on technicals.This is why i really didnt tend to touch up this area because i do know on how
risky it would be and its not something that a newbie could easily deal with or even with a veteran. Its better to stick yourself on doing some spot and mixed up with some futures if
you could able to bare up with the risk but if not then go with spot.

Sorry to say this , but you will  never be a profitable trader doing copy trades, learn TA , practice using Demo accounts if successfull, then start with small 10/20 dollar positions , once you are consistent , you can start trading , advice number two , have a plan , entry , stop loss , take profit targets , always take profit , if you dont , someone else will , and last but not least , keep a trading journal and log all your trades . oh and also , ignore FUD , and all crypto influencers , make your own decisions based on your own analysis .
good luck .

I would strongly suggest you improve your trading skills through learning technical indicators and Risk/money management skills, & practice demo trading before you enter in the real market. It will take some time but through experience you will learn when to enter & and when to exit from a trade. Copy trading sounds good for newbies & might seems an easy way to make profit, but there is risk that you might end up losing money due to failures of copied trades, which you can't afford.

And this is the right path to follow but newbies seem to hold the mistaken belief they can skip all of those steps and still become incredibly profitable, and when someone thinks they can make a lot of money with no effort or risk then it becomes almost impossible to convince them to work hard for what they want, and the only way in which they will accept this reality is by losing a massive amount of money when they use a strategy like copytrading.