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Copytrading: how to start copying a Lead Trader

Open Copytrading on your dashboard, browse the leaderboard of Lead Traders, choose one whose strategy and risk profile suit you, click Copy, and set how much of your account balance to allocate. Their new trades are then mirrored to your account automatically — trades the leader already had open before you started copying are not replicated retroactively.

Steps

1. Log in to nomo and open Copytrading.

2. Browse the leaderboard. You can filter by performance period, risk level, instruments traded, and number of followers.

3. Tap a Lead Trader to see their full profile: historical performance, risk metrics (drawdown, win rate), trading style, and current open positions.

4. Choose Copy.

5. Confirm. From this point forward, every new trade the Lead Trader opens is mirrored to your account, scaled to your allocation.

How copying actually works

When you click Copy on a Lead Trader's profile, you choose between two modes:

Smart mode — select a risk profile that suits you:

  • Conservative — lower per-trade margin cap and lower max drawdown limit

  • Balanced — recommended for most users (selected by default)

  • Aggressive — higher per-trade margin cap and higher max drawdown limit

Each profile automatically sets your per-trade margin cap and max drawdown based on your current equity.

Advanced mode — configure everything manually:

  • Per-trade margin cap — the maximum margin each copied trade can use. Bigger trades will shrink to fit; trades too big to fit at all will be skipped.

  • Max drawdown — if your total loss from copying this leader reaches this amount, copying stops automatically and all open positions are closed.

  • Trade size multiplier — scale each copied trade up or down relative to the leader's (×0.5, ×1, ×2, or custom).

Users who previously had a multiplier set have had their settings preserved in Advanced mode.

Stop Loss and Take Profit on copied positions

If the Lead Trader sets a Stop Loss or Take Profit on a trade, those levels are automatically mirrored to your copied position. You cannot set your own SL/TP on copied positions.

Note: during high-volatility periods (major news, market open/close), Stop Loss orders can fill at a slightly worse price than the level set. This is normal market behaviour called slippage — not a platform error.

What's not replicated

Trades the Lead Trader had already opened before you started copying are not replicated to your account, and are not visible in your portfolio. You only see and participate in trades from the moment your copy subscription starts. This is by design — both for fair attribution of performance and to protect the Lead Trader's history of pre-existing positions.

Automatic pause and stop

Insufficient funds: if you don't have enough balance to open copied trades and 10 consecutive copy attempts fail, your copy subscription for that leader is automatically paused. Each leader's failed attempts are counted separately. You will receive a push notification and email. To resume, deposit funds and reactivate the subscription from the Lead Trader's profile.

Max drawdown reached: if your total loss from copying a leader reaches your configured Max drawdown level, copying stops automatically and all open positions are closed. You will receive a push notification and email. You can start a new copy subscription after adjusting your settings.

Why copied trades can produce different results from the leader's

  • Account balance and available margin — a smaller account may not be able to take the same proportional size.

  • Exact entry and exit timing — copies are placed after the leader's trade is detected, so the fill price can differ by a few pips.

  • Spread, swap, and any commission applied to your account.

  • Proportional size scaling — your allocation determines size; rounding to the minimum lot can introduce small differences.

  • Copy configuration — limits, multipliers, or stop-out thresholds you set on your end.

  • Market conditions and execution at the time the copied order reaches the platform.

What to look at when choosing a Lead Trader

  • Length of track record. Six months of profit during a trending market doesn't tell you how they trade in a chop. Two years is meaningful, three is more so.

  • Instruments traded. A trader who only trades crypto behaves very differently from one who trades only Forex majors.

  • Number of active followers. Very large follower counts can affect execution if the Lead Trader scales position size aggressively.

Important notes

  • Past performance is not a guarantee of future results. This applies to every Lead Trader, regardless of how good their numbers look.

  • You can stop copying at any time. Existing copied positions can be closed manually or left to close on the Lead Trader's signals.

  • Lead Traders earn a performance fee from copied profit, calculated using the High Water Mark — they only earn on new profit above the previous peak.

  • Copytrading does not eliminate risk. It transfers the trade decision to someone else; the market risk on your capital remains yours.

  • If your Max drawdown level is reached, copying for that leader stops automatically and all open positions are closed. You will be notified by push and email.

  • If copying is paused due to insufficient funds (10 consecutive failed trades), deposit funds and reactivate the subscription from the Lead Trader's profile.

Troubleshooting

My copied trade was filled at a different price than the Lead Trader's.

Some slippage is normal — see the difference factors above. If you'd like a specific trade reviewed, send the trade ID and the Lead Trader's display name to support@nomotrade.com from your registered email.

I want to stop copying without closing the open positions.
On the Lead Trader's profile in your account, choose Stop copying and select Keep open positions. The existing trades remain on your account; no new trades will be copied.

Tip: you can also close all your copied trades at once without having to navigate to each individual asset — you can do this from the Portfolio tab in your account.

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