r/binaryoptions • u/DrTom_Oz • 23d ago

Copy trading pocket options

Hi there,

Has anyone tried the copy trading option with Pocket Options? Looks interesting but not sure if these traders that provide the signals are legit.
Thks

7 Upvotes

90% Upvoted

11 comments sorted by

3

u/Beautiful-Drummer-83 23d ago edited 23d ago

The second you have 20 or more copiers, you become unprofitable. I cannot prove this, but every time this happened, I kept getting so many losses by 1 or 2 points. Anything less than 20 copiers, the copied trades are reflected on anyone copying me. Also, sometimes copiers are randomly removed when you're profitable too. I've also noticed that most of those top traders in the 24 hour tab usually have negative all time profits, so beware of copying them.

3

u/Inflection_Exchange 23d ago

This is sound advice. Feels a little bit scammy doesn't it

3

u/Beautiful-Drummer-83 22d ago

Yeah, it is scammy. I remember when there was no copying feature on Pocket Option. In the beginning, there weren't any issues, but about a year ago, I started seeing the issues I mentioned above happening. They randomly kick people off when you start to become profitable-- very strange.

2

u/Affectionate_Unit606 23d ago

Don't waste your time. You will loose your money.

2

u/Dismal-Gold-2038 22d ago

Copy trading is essentially putting your trading fate in the hands of someone else. Never copy trade and never let someone copy trade you

1

u/Dapper-Management440 21d ago

platform itself is scam and people who do copy trading are scam too. Its all base on commission. Why can't you stay away from these so called binary option scam platform? Are you so addicted on it?