Copy Trading
Copy trading on Proovly lets you automatically replicate trades from verified providers directly into your own MT4 or MT5 broker account. No screenshots, no manual entries, no trust required — every provider has a source-verified track record before you copy a single trade.
How it works
Section titled “How it works”Proovly uses MetaApi CopyFactory to bridge trade signals between provider and subscriber accounts.
The provider side
Section titled “The provider side”A provider trades on their own MT5 account, connected to Proovly with an investor (read-only) password — the same connection used for profile verification. When the provider opens, modifies, or closes a trade, CopyFactory detects the event and forwards the signal to all subscribed accounts.
The provider never touches subscriber funds. They never see subscriber account credentials. They just trade their own account, and Proovly handles the replication.
The subscriber side
Section titled “The subscriber side”As a subscriber, you connect your own MT4 or MT5 broker account to Proovly. You fund it with your own money, at your own broker. Proovly’s CopyFactory integration receives signals from your chosen provider and executes the corresponding trades in your account.
No custody. Proovly never holds, moves, or controls your funds. The platform bridges the signal — your broker executes the trade.
What you can configure
Section titled “What you can configure”Copy trading is not fire-and-forget unless you want it to be. Subscribers can adjust:
- Lot ratio — scale the provider’s position size up or down relative to your account
- Symbol mapping — remap instruments if your broker uses different naming conventions
- Risk filters — set maximum position size, maximum number of open trades, or maximum exposure per symbol
- Max drawdown — automatically stop copying if your account drawdown exceeds a threshold you define
These settings let you match the provider’s strategy to your own risk tolerance and account size.
Pricing
Section titled “Pricing”Copy trading is included in the Pro ($49/mo) and Elite ($99/mo) subscription tiers. There is no additional per-trade fee from Proovly.
| Tier | Copy trading access |
|---|---|
| Free | No |
| Verified | No |
| Pro ($49/mo) | Subscribe to verified providers |
| Elite ($99/mo) | Subscribe + priority access to new providers |
Providers earn a revenue share from copy trading subscriptions, just like they do from signals.
Crypto signals (coming Q3 2026)
Section titled “Crypto signals (coming Q3 2026)”Copy trading launches first for forex (MT4/MT5). Crypto copy trading is on the roadmap for Q3 2026, starting with real-time alerts when top crypto traders open positions on connected exchanges. Full auto-replication for crypto follows once the infrastructure is battle-tested on forex.
How to become a copy trading provider
Section titled “How to become a copy trading provider”- Get verified. Connect your trading account and earn your verified badge on a Pro or Elite tier.
- Build a track record. Maintain a minimum verified history — at least 30 days of continuous connection with active trading.
- Apply. From your profile settings, submit a provider application. The team reviews your verified stats, consistency, and risk profile.
- Get approved and start earning. Once approved, subscribers can find you in the copy trading marketplace. You trade your account as normal — CopyFactory handles the rest.
Provider applications are reviewed manually. A verified badge alone is not enough — Proovly looks for consistent performance, responsible risk management, and a track record that subscribers can realistically follow.
Copy trading vs signals
Section titled “Copy trading vs signals”Both features are available to Pro and Elite subscribers, but they work differently:
- Signals are manual alerts. The provider posts a trade idea, and you decide whether to act on it.
- Copy trading is automatic replication. The provider trades, and CopyFactory mirrors the trade in your account according to your configured settings.
Some providers offer both. You can subscribe to a provider’s signals for ideas and analysis, and separately enable copy trading for automatic execution — or just pick one.
What Proovly does not do
Section titled “What Proovly does not do”- We do not manage your money. Your funds stay in your broker account at all times.
- We do not guarantee provider performance. Verified stats are real, but past performance does not predict future results.
- We do not provide financial advice. Copy trading is a tool. You are responsible for choosing providers and managing your risk.