Copy trading, also known as mirror trading or social trading, is a type of online trading in which traders can copy the strategies used by experienced traders. Copy trading allows users to replicate the exact trades of other traders in the online market. Trading software and social trader tools allow people to observe others’ trading behaviour and copy their strategies.This is an ideal way for new traders to learn how to trade without risking capital and pick up new strategies from experienced traders. With copy trading, it’s possible for experienced investors to earn additional income by allowing others to copy their trades. By copying multiple successful investors, one can diversify their portfolio with different trades from different individuals who have different risk profiles and investment styles.