Copy trading platform scripts

Copy trading platform scripts are designed to connect strategy providers with followers. When a provider opens, modifies or closes a trade, the platform automatically mirrors the action on follower accounts based on each user’s allocation and risk profile. The result is a social trading ecosystem where experienced traders can monetise their skills and followers can participate without managing every trade manually.

1. Roles and permission model

1.1 Strategy providers

Create and manage one or more strategies with defined risk levels.
Trade on connected exchanges or broker accounts in real time.
Access performance dashboards with equity curves and detailed PnL.
Set subscription prices, performance fees or revenue-share agreements.

1.2 Followers and investors

Select strategies based on performance metrics and risk scores.
Configure allocation as fixed lot, fixed margin or percentage of equity.
Set personal risk caps such as max position size or daily loss limits.
Pause or disconnect at any time without affecting other followers.

2. Trade copying and risk allocation

The core of any copy trading script is the trade replication engine. Its job is to translate the provider’s actions into appropriate orders for each follower account.

2.1 Allocation modes

Proportional by balance: each follower trades in proportion to account size.
Fixed amount per trade: every signal uses the same notional value.
Multiplier mode: followers can scale risk up or down relative to the provider.
Copy only direction: followers take the same side but choose their own size.

2.2 Stop-loss, take-profit and partial closes

Automatic propagation of provider’s SL/TP levels to follower accounts.
Support for partial position closing and break-even stop adjustments.
Follower-side overrides for more conservative exits.
Handling of slippage and minimum size filters per exchange.

3. Performance statistics and transparency

Without transparent performance data, followers cannot judge which strategies to trust. Copy trading scripts therefore include rich statistics dashboards.

Equity curves, drawdowns and monthly breakdowns per provider.
Win rate, average R:R, average holding time and trade frequency.
Distribution of returns by day of week or symbol.
Sharpe ratio and other risk-adjusted performance metrics.

4. Monetisation models

Copy trading platforms typically monetise via a mix of subscription and performance fees. A flexible script should support:

Flat monthly or weekly subscriptions per strategy.
Performance fees based on high-water-mark calculations.
Revenue sharing between the platform, providers and possible agents.
Free demo or trial periods for new followers.

5. Compliance and risk considerations

Copy trading involves real money and regulated instruments. Platform operators must work with legal advisors to understand obligations in their jurisdiction. Technically, scripts can help by providing clear reporting, risk limits and audit trails, but they do not replace legal compliance work.