Headway copy trading is a 3-step process that allows investors to automatically mirror the strategies of top-performing traders.
Users can easily filter best strategy providers based on 20 criteria and choose the traders that is most compatible with their risk tolerance.
Headway Copy Trade Setup
The social trading feature enables users to generate passive income by copying successful traders in the Headway broker.
Headway copy trading main steps:
- Enter the copy trading panel and explore available options;
- Choose a strategy provider and start the process;
- Manage your copied trades and stop or adjust anytime.
#1 Accessing the “Investor Board” and “Trader Area” Dashboard
From the main Headway dashboard, click on the "Copy trading" section in the left-side menu. This brings up two areas. the "Investor Board" and the "Traders Area".
The "Trader Area" is for strategy providers who want others to follow their trades and earn a commission (direct commission or a percentage of investor’s profit. This tutorial focuses on the "Investor Board" for copying strategies.
#2 Selecting a Strategy and Linking Your Account
Browse available strategies using filters like:
- Win rate
- Risk level
- Duration
- Follower count
Each strategy includes multiple metrics such as performance percentage, active days, commission rate, and drawdown.
You can view more detailed statistics for each copy trading strategy before deciding. These statistics include:
- Win rate
- Gross profit
- Gain
- Balance
- Equity
- Number of investors
If it matches your goals, click the "Start Copying" button to proceed.
Next, choose an existing trading account or create a new one for copying.
#3 Personalizing and Managing the Mirror Trading System
Set your trade size relative to the master account (full, half, double, or custom). Then, decide whether to copy only new trades or also the currently open ones.
To stop copying, click on the "Stop Copying" button. All open mirrored positions will remain active unless closed manually.
TF Expert Suggestion
The Headway copy trading feature is perfect for beginner investors since it allows them to replicate top traders’ strategies in less than 10 minutes.
Active strategies deduct a profit-sharing commission ranging from 5% to 30%. Investors can monitor trades live and stop copying instantly.
To perform transactions in the social trading account, read the Headway deposit and withdrawal article on the Headway tutorial page.
