What is copy trading?

Copy trading is an investment strategy where investors copy the portfolio and trade of more experienced or successful investors. It enables them to benefit from the expertise and success of these traders without needing the same amount of knowledge or experience.

Copy-trading has become popular in recent years as it offers a simple way for investors to get started in the markets without spending a lot of time researching investments. It also offers potential returns often higher than what can be achieved through traditional investing methods.

The Singaporean stock exchange offers many platforms that allow investors to copy trade. They provide access to a wide range of investment products, including stocks, bonds, ETFs and even commodities. Copy trading is a relatively new concept, and some risks are still involved. It is important to remember that even the most successful investors can lose money, and you should …