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Description
CopyFi is a no-code platform designed for building personalized strategies in copy trading. Unlike traditional copy trading, which replicates another trader's actions directly—thus transferring their position sizes, leverage, and potential errors—CopyFi integrates the user's own set of rules to create a buffer between the trader's signals and the user's account. This allows users to specify which traders to follow, select preferred markets, determine position sizes, set leverage limits, and decide when to halt trading activities. The system utilizes a user-friendly visual block interface for logic assembly, eliminating the need for coding, while also allowing strategies to be tested on actual market data prior to any financial commitment. Once finalized, the same strategy operates on the user's chosen brokerage or exchange account. Importantly, CopyFi is a non-custodial service, ensuring that users maintain control of their funds in their own exchange accounts, with API keys that permit only read and trade actions, thus safeguarding against withdrawal risks. This approach empowers traders to engage confidently in copy trading while retaining full oversight of their investments.
Description
The central idea of Mirror Trading forms the basis of the distinctive Mirror Trader platform, created by Tradency, which stands out as a leading technology provider for brokers, boasting over 200 partnerships and serving 2 million retail clients since its inception in 2005. The concept itself is straightforward: Tradency's servers monitor and log the "buy" and "sell" signals generated by strategy developers. Traders utilizing the Mirror Trader platform gain the ability to observe, assess, and act upon signals from seasoned traders, allowing them to implement these strategies within their own accounts. Additionally, strategy developers from various regions contribute their expertise to the community of Mirror Trader users. By documenting the "Buy" and "Sell" signals issued by these developers, Tradency empowers users to make informed choices about which strategies to employ in their brokerage accounts. This collaborative approach fosters a rich sharing of knowledge, ultimately enhancing the trading experience for all involved.
API Access
Has API
No
API Access
Has API
No
Screenshots View All
No images available
Integrations
No details available.
Integrations
No details available.
Pricing Details
Free
Free Trial
No
Free Version
Yes
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
CopyFi
Website
copyfi.ai
Vendor Details
Company Name
Tradency
Founded
2005
Country
United States
Website
www.tradency.com/mirror-trader