How to Copy Trade on Polymarket
Learn how to evaluate a trader, configure copy amounts and risk controls, and understand fees and execution differences before you start.
What is Polymarket?
Polymarket is an event trading platform where users buy and sell shares on the outcome of real-world events, from elections and economic data to sports and tech milestones. Each share pays $1 if the outcome is correct, and $0 if it is not. The price of a share at any moment reflects the market's collective probability estimate for that outcome.
Polymarket runs on the Polygon blockchain and settles in USDC. Trades execute on a central-limit order book (CLOB), so prices and available liquidity can change between the original trader's order and a copied order.
What is Polymarket Copy Trading?
Copy trading (also called mirror trading) lets you configure rules that attempt to replicate eligible trades from a selected Polymarket wallet. It reduces the manual work of placing each order, but it does not make a trade safer or guarantee that the copied price or result will match the original trader.
With Polyfollow, you can copy with fixed, percentage, or range sizing and add exposure, market, odds, liquidity, duration, and stop-loss rules. Eligible buys and sells are submitted from your non-custodial wallet according to those settings. Orders can be skipped or filled differently when balance, liquidity, price, or your limits do not permit the same execution. Polyfollow charges 0.5% on copied taker orders only, with no subscription or performance fee; maker orders are free and gas is sponsored.
Step-by-Step Guide
Five steps from account setup to reviewing your first copy rules
Create or Sign In to Your Account
Sign in to Polyfollow and complete the wallet setup shown in the app. Your copy settings and positions remain attached to the wallet created for your account.
Deposit USDC
Fund the USDC balance used for copied orders. Your funds stay in your non-custodial wallet, and you can manage withdrawals from your dashboard.
Evaluate Traders
Use the leaderboard and trader profiles to review verified activity, all-time and recent performance, open positions, trade count, and concentration before you copy.
Set Copy Rules and Limits
Choose fixed, percentage, or range sizing. Add limits for each order, market, and trader, and optionally filter by odds, liquidity, volume, or market duration.
Review and Start Copying
Confirm your rules. Eligible new trades are then copied subject to your balance, limits, market liquidity, and the price available when execution reaches the order book.
How to Choose a Trader and Set Risk Controls
Copy settings should reflect your balance and risk tolerance. Review the trader and define the limits before enabling automation.
Read the full profile
Compare all-time and recent P&L, trade count, open positions, market mix, and whether one result accounts for most of the trader's performance.
Choose a sizing method
Fixed, percentage, and range modes behave differently. Use a size your balance can support, and remember Polymarket rejects orders below $1.
Set exposure limits
Cap each order, each market, and the total budget assigned to the trader. Optional odds, liquidity, volume, and time-to-resolution filters can narrow eligible trades.
Plan for losses and execution differences
A stop-loss rule can pause future copying or trigger the action you select, but it cannot guarantee an exit price. Liquidity, slippage, and network conditions still matter.
Why Use Polyfollow for Copy Trading?
Non-Custodial
Your funds stay in your wallet. Polyfollow never has access to your private keys or assets.
Transparent Pricing
Polyfollow charges 0.5% on copied taker orders. Maker orders are free, gas is sponsored, and there is no subscription or performance fee.
Configurable Risk Controls
Control sizing and add order, market, trader-budget, odds, liquidity, duration, and stop-loss rules before copying.
Frequently Asked Questions
Is copy trading on Polymarket legal?
Availability and eligibility vary by jurisdiction. Using Polyfollow does not change Polymarket's access rules or your responsibility to follow applicable laws and platform terms.
How much money do I need to start?
Polyfollow does not require a minimum deposit, but Polymarket rejects copied orders below $1. Orders can also be skipped when your available balance or configured limits cannot support them. Choose an amount based on your own risk budget, not an expected return.
How quickly are trades copied?
Polyfollow detects eligible trades in real time, but completion time and copied price can differ because of network conditions, market liquidity, order-book changes, and the rules you configured.
What happens if a trader loses money?
Copied positions can lose money, and past trader performance does not guarantee future results. Size each copy conservatively, review concentration and open positions, and use the available exposure and stop-loss controls.
Can I stop copying a trader anytime?
Yes. You can stop future copying from your dashboard. Stopping a copy does not necessarily close positions that already exist, so review and manage those positions separately.
What fees does Polyfollow charge?
Polyfollow charges a 0.5% fee on each taker order you copy. Maker orders are free. There is no subscription and no performance fee. We never take a percentage of your profits. Gas is on us. Deposits and withdrawals are also free. Polymarket may charge its own separate platform fee on certain markets, which stacks on top.
Ready to Configure Copy Trading?
Review a trader's profile, choose your sizing, and confirm the risk controls before enabling a copy.