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Frequently 
Asked
Questions

Welcome to the Frequently Asked Questions (FAQ) section for WPAT and copy trading. Here we have compiled some of the most commonly asked questions to help you gain a better understanding of WPAT's copy trading platform and its benefits. Browse through these questions and their respective answers to learn more about how WPAT can help you with your trading goals.

What is copy trading?

Copy trading is a form of trading where traders can automatically copy the trades of more experienced traders. Essentially, traders can replicate the trading strategies of successful traders by mirroring their trades in real-time.

2

How does WPAT work with copy trading?

WPAT filters through profitable traders in the partnering brokers, allowing traders to connect with successful traders and automatically copy their trades. Traders can browse through a list of top-performing traders, select the ones they want to copy.

3

Benefits of using WPAT for copy trading?

Using WPAT for copy trading provides a significant advantage as it enables traders to tap into the trading expertise of successful traders without having to conduct their own research or analysis (it is still important to track your track your copied trades)

4

How do I get started with copy trading on WPAT?

To get started with copy trading on WPAT, you first need to create an account on the partnering broker. And apply to copy trade via our copy trade application, this is where you can also set your own drawdown levels for risk management.

5

Is copy trading on WPAT safe?

Yes. You are always in control of your funds. Funds deposited do not go to WPAT. Your funds are deposited with a regulated broker and is safeguarded through the use of the broker's segregated bank account, ensuring that fund security is maintained to the highest standards.

6

What is the minimum capital to start?

While there is no minimum or maximum limit for copy trading on WPAT, it's important to keep in mind that copying trades by ratio can lead to higher risks if the account balance is relatively small.

7

What do I do if I want to stop copying?

You can change your account password and contact WPAT. Remember that this will disconnect from copying, any opened orders will be your responsibility to close.

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