How to Start Copy Trading in 4 Steps

Copy Trading vs Manual Trading: Which is Better?

If you are starting forex trading, you’ve heard these two terms a lot: copy trading and manual trading.

One promises “let an expert trade for you.”
The other says “take full control and learn it yourself.”

So, copy trading vs manual trading: which is better?

There is no single “best” answer. It depends on your time, experience, and goals.

At FTI – Financial Trading Institute, we teach both. Because the truth is, many traders use copy trading and manual trading together.

In this guide, we’ll give you a real trading comparison. We’ll cover time, skill, cost, emotions, and risk. No hype. Just facts so you can decide what fits you.

Key Overviews

Let’s start with the basics:

  1. Copy trading automatically replicates another trader’s positions in your account. It requires minimal time and no prior expertise.
  2. Manual trading puts you in charge of every decision. But that control comes with responsibility, a steep learning curve, and daily time commitment.
  3. Copy trading is generally easier to get started with. Manual trading can teach you more over time.
  4. You can use copy trading and manual trading simultaneously from the same account.
  5. Neither method guarantees profit. All forex trading carries real risk of loss.

What Is the Difference Between Copy Trading and Manual Trading?

The core difference is:

Who makes the decisions?

What Is Copy Trading?

Copy trading lets you mirror a professional trader’s activity in real time.

You choose a signal provider with a verified track record. The platform then copies their trades into your account automatically.

When they buy, you buy. When they sell, you sell.

You control how much money to allocate, and you can stop copying anytime.

This is a type of automated trading that is perfect for people who don’t have time to analyze charts all day.

What Is Manual Trading?

Manual trading means you do everything yourself.

You read charts, study news, set entry and exit points, and manage risk.

You carry full responsibility. But you also keep 100% of the rewards and the learning.

Copy Trading vs Manual Trading: Quick Comparison Table

Criteria

Copy Trading

Manual Trading

Who makes decisions

Signal provider

You

Time needed

Low – monitor weekly

High – daily

Skill required

Low to moderate

High

Learning curve

Shallow

Steep

Control

Limited

Full control

Emotional involvement

Low

High

Cost

Spreads + profit sharing

Spreads only

Best for

Beginners & busy traders

Experienced traders

Both use real money. Both have risk. The difference is how much work falls on you.

Pros and Cons of Copy Trading

Pros of Copy Trading

  1. No experience needed – Start even as a complete beginner.
  2. Saves time – No need for daily chart analysis.
  3. Learn from experts – Watch how pros manage trades.
  4. Low starting capital – You can start small.
  5. Easy diversification – Copy multiple traders at once.

Cons of Copy Trading

  1. You depend on others – If the trader loses, you lose too.
  2. Less control – You can’t edit individual trades.
  3. Profit sharing – You pay a % of profits to the signal provider.
  4. Slower learning – You observe, but don’t practice much.

The biggest benefit is access. You can enter the market without 2 years of training.

The biggest risk is dependency. That’s why you should never copy just one trader.

Pros and Cons of Manual Trading

Pros of Manual Trading

  1. Full control – Every decision is yours.
  2. No profit sharing – You keep all profits.
  3. Deep learning – You understand the market deeply.
  4. Fast reactions – You can act on news instantly.
  5. Build your own strategy – Skills that compound over time.

Cons of Manual Trading

  1. Takes time to learn – 6 months to 2 years to get consistent.
  2. High emotions – Fear and greed lead to mistakes.
  3. Daily commitment – Needs regular screen time.
  4. Costly mistakes – Most beginners lose money in the first year.

Manual trading gives you ownership. You win because of you. You lose and you learn why.

Copy Trading vs Manual Trading: Which is Better for Beginners?

For most beginners, copy trading is better.

Why?

Because it gives real market exposure without needing expert skills on day 1.

You still need to know basics like leverage and risk. But you don’t need to master technical analysis immediately.

Manual trading for beginners is much harder.

You’re trying to learn everything at once. Without a mentor, this becomes expensive.

FTI Advice

Start with copy trading for real experience.

In parallel, study forex trading and practice manual trading on demo.

When you’re confident, use a small amount for live manual trades.

This is the safest way to learn and earn at the same time.

Which is Better for Experienced Traders?

Experienced traders usually prefer manual trading.

Because they have skills, want full control, and don’t want to share profits.

But even pros use copy trading.

  • Some use it for extra income.
  • Some copy markets they don’t trade.
  • Some become signal providers and earn profit sharing.

So experience means using both tools wisely.

Cost Comparison

Cost Type

Copy Trading

Manual Trading

Spreads

Yes

Yes

Profit sharing

Yes – up to 50%

No

Other fees

Usually No

No

Manual trading is cheaper.

Copy trading costs more due to profit sharing, but it saves you time and the learning curve.

Can You Use Copy Trading and Manual Trading Together?

Yes.

This is called the Hybrid Approach, and it works very well.

3 Ways to Combine

1. Copy + Learn

70% in copy trading, 30% for manual practice.

2. Copy + Specialize

Copy traders in markets you don’t know.

Trade manually in markets you do.

3. Copy as Background

Let copy trading run while you focus on manual trading.

This gives you stability + skill growth together.

5 Questions to Decide Which is Better for You

1. Time

  • Less than 1 hour daily = Copy trading
  • 1–3 hours = Manual trading possible

2. Experience

  • Less than 6 months = Copy trading
  • 2+ years = Manual trading

3. Emotions

Can’t handle losses?

Copy trading has less pressure.

4. Goal

Want to build skills?

You must learn manual trading.

5. Future

Want to become a signal provider?

Learn manual trading first.

.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top

Request a Callback