Copy Trading

Copy trading is the practice of automatically replicating trades from a source account into one or more destination accounts, instead of re-entering each trade by hand. The term covers two meaningfully different setups that get talked about as if they were the same thing.

The first is social copy trading: following a stranger, a signal provider, or a public 'master trader,' and letting their trades flow into your account, usually through a broker's built-in social platform. The second is copying between your own accounts — a trader with one leader account and several evaluation or funded accounts under their own control, replicating their own trades across all of them.

The distinction matters because the risk profile is completely different. Social copy trading means trusting a third party's judgment with your capital — you don't control entries, exits, or sizing decisions, and you're exposed to whatever that person does. Copying between your own accounts is the opposite: you make every trading decision yourself in one account, and the copier's only job is mechanical — placing the same trade, sized appropriately, on accounts you already own and control.

For a prop firm trader running multiple evaluation or funded accounts, own-account copying is the relevant use case almost every time. It's not about following someone else's signals; it's about not having to manually re-click 'buy' in five platforms at once.

MimikTrader is built for the own-account model only. There is no signal marketplace, no following other traders, and no third party's trades ever touch your account. You trade one account (the leader); MimikTrader replicates those trades to your own other accounts (the followers).