COPYRACK review: Trading instruments, Platforms, Broker features, and Traders ratings.
5 •
2 REVIEWS
What is COPYRACK?
COPYRACK is a forex social trading broker, where users can mirror trades from master traders via its Web-Based trading platform CR PRO.
COPYRACK.com also offers self-trading (or manual trading) over 75 forex currency pairs, commodities, oil, gold, silver, indices, and cryptocurrency CFDs (bitcoin etc.) for your personal investment and trading options.
Please read COPYRACK Reviews below and share your live trading experiences with this broker.
Broker Details
| Minimum Trade Size: | 0.01 |
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| Maximum Leverage: | 500:1 * |
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| Minimum to Open Live: | $100 |
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| Established: | Unknown |
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| Address: | Liberty House, Office 3a, 1st Floor, Independence Ave, Victoria, Seychelles |
| Contact: | support@copyrack.com |
| Regional offices: | |
| Regulators: | |
| Prohibited countries: |
| Trading platforms: | WebTrader |
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| Web Trading: | ✅ Yes |
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| Currencies: | (75+) |
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| Cryptocurrencies: | (5+) Bitcoin, Litecoin, Ethereum |
| CFD: | (15+) Gold, Silver, Stock Indexes, Oil, Other Commodities |
Trading Conditions |
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| Hedge: | ✅ Yes |
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| Scalping: | ✅ Yes |
| Copy Trading: | ✅ Yes |
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| Deposit Methods: | Crypto |
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| Withdrawal Methods: | Crypto |
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5 •
2 REVIEWS
Recent User Reviews of COPYRACK
Mansuber007
Amsterdam, Netherlands,
Jul 4, 2024,
Registered user
It is a very good platform for Copy Trading
Service use: Live
Length of use: 0-3 Months
A friend told me about this Copyrack. My first impression was- What a nice feel to their website! It’s a lovely good-looking platform. So I have been doing copy trading from 2 years now with other companies and hence wanted to give this a try. I have now completely switched to them from the last 2 months. And that is why I am writing this review.
So copytrading is no guarantee to profitable trades. But a good copy trading platform should be transparent, honest and trustworthy. I have not found any problems related to this so far.
However I did have some trouble in understanding the terms used for leaders in the beginning-what those stats were and how they were flowing. I have mainly been focusing on consistent profitability and risk profile.
I have also placed some manual trades here and there, I sometimes even hedge positions manually, when the leader takes some big trades. That has also been smooth for me.
The return has been around 19% so far, which is fairly decent. As I diversify my portfolio further by following more leaders and doing some more manual trades, I expect higher returns.
I will update my review when I do that. But so far so good!
So copytrading is no guarantee to profitable trades. But a good copy trading platform should be transparent, honest and trustworthy. I have not found any problems related to this so far.
However I did have some trouble in understanding the terms used for leaders in the beginning-what those stats were and how they were flowing. I have mainly been focusing on consistent profitability and risk profile.
I have also placed some manual trades here and there, I sometimes even hedge positions manually, when the leader takes some big trades. That has also been smooth for me.
The return has been around 19% so far, which is fairly decent. As I diversify my portfolio further by following more leaders and doing some more manual trades, I expect higher returns.
I will update my review when I do that. But so far so good!
Jinyuan
Tokyo, Japan,
Jul 1, 2024,
Registered user
Service use: Live
Length of use: 3-6 Months
Well, it’s an exciting platform, its user friendly, just review the leaders out there and simply follow them. Their trades get automatically copied in your trading account. Its hassle free as it saved me a lot of time in reading, analysing and then making trades myself. I have been their customer for about 4 months.
I feel trading yourself is much more draining. I also like the fact that everything about the leader is displayed there, including the strategy and past trades- everything is displayed very transparently. This made me more comfortable in investing. I threw in few bucks and made some good returns. And then I increased my account size.
I have been getting my withdrawals on time, always. I just faced a glitch one time when I felt that the trades were not getting copied. But the customer support guy was really good, he quickly explained to me that the leader had not made any new trades, lol.
If you are someone like me, who has no time or patience to do trading themselves, go for Copyrack- its pretty comfortable and reliable.
I feel trading yourself is much more draining. I also like the fact that everything about the leader is displayed there, including the strategy and past trades- everything is displayed very transparently. This made me more comfortable in investing. I threw in few bucks and made some good returns. And then I increased my account size.
I have been getting my withdrawals on time, always. I just faced a glitch one time when I felt that the trades were not getting copied. But the customer support guy was really good, he quickly explained to me that the leader had not made any new trades, lol.
If you are someone like me, who has no time or patience to do trading themselves, go for Copyrack- its pretty comfortable and reliable.