Market risk
Markets move — sometimes sharply. Even good strategies have losing weeks or months. You can lose part or all of your capital. Past performance is not a forecast.
How it works
The four-step walkthrough.
From sign-up to your first copied trade.
New to copy trading? Start with our explainer. This page assumes you understand the concept and want to see how LetsCopyTrade does it.
1
Open or connect a broker account
You'll connect an existing account or open a new one with one of our partner brokers (announced before launch). All Indian rules apply — KYC with PAN and Aadhaar, account verification, and a small first deposit per broker policy.
Your money sits in this account — not with us. We connect via read-and-execute API, which means we can place trades on your authorization but cannot withdraw, transfer, or hold funds. Revoking the connection cuts the link immediately; your positions and balance are untouched.
2
Pick traders from the leaderboard
Every trader's profile shows audited returns, max drawdown, win rate, strategy, asset focus, and a risk label. Compare. Read the strategy. Look at how bad the bad months were — not just how good the good ones were. Diversify by picking 2 to 5 traders across asset classes.
Filters help: asset (crypto / forex / stocks), risk level (conservative / medium / aggressive), trading frequency, and minimum allocation. See the sample leaderboard ›
3
Set your allocation and risk limits
Choose how much of your account to allocate to each trader. Set a stop-loss percentage — if your copied positions for that trader drop by X% from peak, copying pauses automatically. Pick which assets to copy (you can exclude individual ones).
You stay in control. The trader never sees your account. They trade their own; we mirror their entries scaled to your allocation. Your stops, your limits, your call to pause or stop.
4
Monitor — adjust — or stop
When a trader you've chosen takes a position, it's mirrored to your account in real-time, scaled to your allocation. You see every trade in your dashboard, identical to what's shown in your broker app. Pause individual traders, change allocations, or stop copying entirely — one tap.
Performance fee is calculated on closed profits only, on a high-water mark, charged at month-end. You'll always know exactly what you'll be charged before any trade.
Before you sign up
The four risks
you should understand.
Honest about the downsides. These apply to any trading platform — not just ours.
Trader risk
Even audited traders can underperform, change strategy, or stop trading. Their record is verified — not a promise of future behaviour. Following multiple traders helps spread this.
Execution risk
Prices move between the expert's trade and the mirror in your account. The gap is usually small but in fast markets can be material. Stop-losses help but cannot eliminate it.
Concentration risk
Putting everything with one trader or one asset class concentrates risk. The platform makes diversifying easy — but the choice (and the responsibility) is yours.
Speak the language
Glossary — plain English.
Every term you'll see in the product, defined plainly.
Allocation
The amount of money in your account set aside for one trader. Allocating ₹50,000 to a trader caps your exposure to their trades at that amount.
Copy ratio
How the expert's trade size scales to yours. If they trade with ₹5,00,000 and you allocate ₹50,000, the ratio is 1:10 — each of their trades mirrors at 10% of size in your account.
Stop-loss
A protective floor you set. If your copied positions drop by, say, 20% from peak, copying pauses automatically. Protects you when you're not watching.
Drawdown
The worst peak-to-trough loss in a trader's history. "14.8% max drawdown" means that's the deepest dip they've ever had. Higher drawdown means higher historical volatility.
Verified trader
A trader whose returns are audited against actual broker statements. Re-audited monthly. Delisted if checks fail.
Performance fee
A percentage of net profits we charge, only when you make money. High-water-mark basis — we don't charge twice on the same gain after a drawdown.
KYC
"Know Your Customer" — the identity verification (PAN, Aadhaar) Indian financial regulations require before trading.
Self-custody
Your money stays in your own broker account. We route signals; we never hold funds.
Ready when you are