Copy Trading checklist: check this before you start.
A good checklist does not predict a result. It helps you see where money sits, what the copier can do, and what you will control before you connect an account.
Five checks. One calm decision before anything copies.
Updated 28 August 2026 · written for the questions that come before a connection.
Before you connect
Know the account path before you study the trade path.
The five checks
Work through these in order. If one answer is vague, pause the decision there.
Check the source
Read the strategy record before you connect. Look for dates, closed positions, drawdowns, and a clear explanation of what the strategy does. Screenshots alone do not answer those questions.
Check custody
Find out where the deposit sits and who can withdraw it. Own-broker Copy Trading keeps the funds in your broker account. Platform-native services set their own custody and withdrawal process.
Check the size
Understand how your copy amount and risk settings change the size of each copied trade. Do not treat a provider's account size as a sensible amount for your account.
Check the stop
Ask what pause and stop mean. Turning copying off is not the same as closing trades already open. Read the exact rule before you need it.
Check the loss view
Copied trades can lose money. Separate open movement from a closed result, and know which number you are looking at before you decide anything.
What a clear answer sounds like
A good answer lets you describe the account path, the trade path, and the point where you can stop. You should not need a confident slogan to fill in the gaps.
Account first
You can say where the deposit sits, who can withdraw it, and which account holds the copied trade. If those answers change between a sales page and the account setup, stop and ask for the exact rule.
Trade second
You can tell whether a record shows an open position or a closed one. You can also tell how the copy amount and risk settings affect your account, rather than borrowing the provider's account size as your own reference.
Stop before start
You know what pausing changes and what it does not change. Stopping new copies is a different question from closing trades that are already open. Put that distinction in writing before you connect.
Use the pause as a question
Ask what happens to new trades, open trades, and your broker account when copying stops. The answer should describe the rule, not imply that risk has disappeared.
Write down the answers
Before you connect, make the five answers easy to find. A short note gives you something to check against when an account screen, record, or support reply uses different words.
- Account:where the deposit sits and who can withdraw it.
- Copy:what is copied, how size is set, and what remains open.
- Pause:what stops, what stays open, and where the exact rule lives.
- Loss:which number is moving, which result is closed, and which risks still apply.
How Currents answers the checklist
Auto Trading uses your own broker account. Currents does not hold your funds or have withdrawal access. The copied trades can still lose money, so the control answer does not remove the risk answer.
Read how your broker account stays yoursRead the plain risk guideRead open versus closed trade states
Want to see the own-broker setup?
Review the Auto Trading path after you have checked the account questions.
Copy Trading involves risk and can result in losses. Past performance is not a promise of future results.