Anne Sinclair
What Is Copy Trading? Follower and Provider Guide
What is copy trading? Copy trading lets you mirror another trader's positions automatically, without placing every trade yourself. On Lirunex, you can subscribe to a published copy trading strategy as a follower, or publish your own strategy as a copy trading provider. Alongside both sits the Elite Trading account, for trading larger positions independently. This copy trading guide covers following, publishing, and Elite Trading in turn, then compares all three, with a step-by-step guide link for each.
What Is Copy Trading?
Copy trading is an arrangement where one trader's positions are automatically mirrored into another trader's account. On Lirunex, copy trading happens through two roles: a follower, who subscribes to a strategy and has its trades copied into their own account, and a provider, who publishes their own trading as a strategy for others to subscribe to. Both roles use an existing Lirunex trading account, and a provider sets their own fee structure rather than a single fixed platform-wide rate. The Elite Trading account is different entirely: a higher-tier MT4 account for trading independently, outside the follower or provider setup. Together, these three options range from letting a provider's strategy trade for you, to building a following around your own results, to trading fully on your own terms.
One thing copy trading does not change: the underlying trades still carry ordinary market risk, on either side, and nothing about subscribing to or publishing a strategy removes or shifts that risk.
Why It Matters
Deciding between following, publishing, or trading independently through an Elite Trading account comes down to how hands-on you want to be and what you already have to offer. A new trader without a track record may prefer copy trading as a follower, letting a provider's strategy do the trading. A trader with results worth sharing may prefer to publish a strategy and earn fees from followers. And a trader who wants full control over larger positions may prefer an Elite Trading account. None of these are mutually exclusive on Lirunex, so it is worth understanding all three before deciding.
Following a Copy Trading Strategy (Social Trading Follower)
What You Can Do as a Copy Trading Follower
As a copy trading follower, you browse strategies on the Social Trading Leaderboard and choose one that fits your risk appetite before subscribing, using an existing Lirunex trading account rather than a new account type. Once subscribed, that account's trades mirror the strategy you chose, and you are not locked in: top up, make a partial withdrawal, or unsubscribe whenever you choose. You can always see the trades placed and the fees tied to your subscription.
Step-by-Step
Step 1: Choose a Copy Trading Strategy
Choose a strategy from the Social Trading Leaderboard that matches your risk appetite, using the trade history and fee information shown for each one.
Subscribe to the copy trading strategy using an existing Lirunex trading account. No separate account is required to become a follower.
Manage your funds as needed once subscribed: top up your account or make a partial withdrawal at any time.
Step 2: Subscribe
Subscribe to the copy trading strategy using an existing Lirunex trading account. No separate account is required to become a follower.
Step 3: Manage Your Funds
Manage your funds as needed once subscribed: top up your account or make a partial withdrawal at any time.
Step 4: Track and Manage Your Subscription
Track and manage your copy trading subscription by reviewing the trades and fees tied to it, and unsubscribe whenever you choose.
Full step-by-step guide: Read the full Social Trading Provider guide (PDF)
Publishing a Copy Trading Strategy (Social Trading Provider)
What You Can Do as a Copy Trading Provider
As a copy trading provider, you publish your own trading as a strategy other Lirunex clients can subscribe to, choosing your own fee structure rather than a fixed platform-wide rate, and sharing an invite link to attract followers. Once your strategy has followers, Lirunex gives you tools to manage subscribers, track trades, and monitor earnings, all from the account you already trade on.
Step-by-Step
Step 1: Publish Your Strategy
Publish your existing trading as a copy trading strategy that other clients can find and subscribe to.
Step 2: Set Your Fees
Set your fee structure for the strategy before followers start subscribing.
Step 3: Invite Followers
Share your invite link to attract followers to your published copy trading strategy.
Step 4: Manage and Track
Manage and track your subscribers, trades, and earnings as your strategy grows.
Full step-by-step guide: Read the full Social Trading Provider guide (PDF)
Elite Trading Account
What You Can Do
The Elite Trading account is a higher-tier MT4 account for traders who want to run larger positions on their own book, separate from copy trading as a follower or provider. Because its funding structure differs from the rest of the Client Portal, confirm the current details with Lirunex support before committing funds.
Step-by-Step
Step 1: Open an Elite Trading Account
Open an Elite Trading account, a higher-tier MT4 account type separate from the copy trading follower and provider setup.
Step 2: Trade Independently
Trade independently, managing your own positions on your own book without a subscription arrangement in either direction.
Review the Funding Structure
Review the account's specific funding structure, which differs from standard trading accounts.
Confirm Terms With Support
Confirm the current funding terms directly with Lirunex support before committing funds, since these details are account-specific.
Full step-by-step guide: Read the full Elite Trader guide (PDF)
Copy Trading or Elite Trading: Which Option Is Right for You?
A hands-off approach means copy trading as a follower, mirroring another trader while your capital stays at risk in the market, not in fees. With a track record worth sharing, publishing a strategy lets you earn fees from followers while keeping your trades on view. To trade entirely on your own terms with larger capital, an Elite Trading account gives you that independence. The comparison below lines up all three.
Important Considerations
A few things matter whichever option you choose. Copy trading still carries the same market risk as trading directly: it does not guarantee profit, and a provider's past results do not guarantee future performance. Fees are set individually by each provider, so check a strategy's fee structure and trade history before subscribing. If publishing a strategy yourself, remember your fee structure and trading are visible to followers, so set terms you are comfortable standing behind as your following grows. For an Elite Trading account, its funding structure is specific to that account type, so confirm current terms with Lirunex support before committing funds.
Copy Trading FAQs
Does copy trading guarantee profit?
No. Copy trading still carries the same market risk as trading directly, and a provider's past results do not guarantee future performance.
Can I stop copy trading at any time?
Yes, you can unsubscribe whenever you choose.
Do I need an existing trading account to start copy trading?
Yes, a Lirunex trading account is required before you can subscribe to any strategy.
What fees are involved in copy trading?
Copy trading fees are set individually by each strategy provider rather than at a fixed platform-wide rate. As a follower, you can always see the fees tied to your subscription; as a provider, you set your own fee structure when you publish a strategy.
Is the Elite Trading account part of copy trading?
No. The Elite Trading account is a separate, higher-tier MT4 account for trading independently on your own book, distinct from following or publishing a strategy.
How do I attract copy trading followers as a provider?
As a provider, you share an invite link for your published strategy, which followers use to find and subscribe to it.
Ready to Start Copy Trading?
Browse the Leaderboard in your Client Portal to find a copy trading strategy to follow, or publish your own as a provider. Practice with a free demo account, or open a live account when ready.
[ Open Free Demo Account ] [ Open Live Account ]
Also looking into managed accounts as another way to have your funds traded professionally? Our guide to MAM and PAMM accounts explains how those arrangements work alongside copy trading.
Risk Disclaimer: Forex and CFD trading, including copy trading and Elite Trading accounts, involves significant risk of loss and may not be suitable for all investors. Following a strategy does not guarantee profit, and a strategy provider's past performance is not indicative of future results. Please ensure you fully understand the risks, and all applicable fees, before participating. Demo results may differ from live trading conditions.
