How to Start Copy Trading Without Any Knowledge of Forex or Technical Analysis
4th Jul 2025For many people, the world of forex trading looks intimidating. Charts, indicators, candles, economic calendars—it can all feel like a foreign language. But thanks to advances in copy trading technology, you no longer need to master these tools to benefit from the forex market. In this guide, you'll discover how to begin your trading journey without any background in forex or technical analysis, using platforms like SMARTT that simplify the process and put the power of expert trading in your hands.
What Is Copy Trading in Simple Terms?
Copy trading is a method where you automatically replicate the trades of experienced traders in your account. Instead of analyzing the market yourself or understanding technical patterns, you rely on professionals who have already proven their skill.
Think of it like Uber for trading: just as you don't need to know how to drive to reach your destination, you don't need to know how to trade to earn from the market. The experts do the heavy lifting, and your account follows their moves.
You still retain full control—you can stop copying anytime, adjust your risk settings, or choose which trader(s) to follow. But the core benefit is that you don’t need any technical knowledge to get started.
Why This Works for Beginners
If you've never opened a chart or don’t understand terms like RSI, Fibonacci, or leverage, you’re not alone. Most new users feel overwhelmed by the complexity of trading platforms. That’s exactly why copy trading has become so popular.
With a platform like SMARTT, you skip the complexity and get access to:
• Verified signal providers with public performance histories
• One-click installation without the need to understand MT5 or charting tools
• Risk control features, like stop-loss limits and daily protection
• Performance summaries with simple visuals, not confusing statistics
It’s designed specifically for people who want to profit from the markets, but don’t want to become full-time traders.
Getting Started Step-by-Step
Let’s break it down into practical steps. Here’s how a complete beginner can start copy trading in less than an hour:
1. Open a Trading Account with a Regulated Broker
Choose a trustworthy and beginner-friendly broker. SMARTT is fully compatible with brokers like FBS, AvaTrade, and Exness, all of which are licensed and regulated by respected financial authorities. For more information, check our Broker Licenses page.
These brokers offer simple onboarding, low deposit options, and built-in integration with SMARTT’s system.
2. Install the SMARTT Copy Trading System
After opening your account, the SMARTT team helps you connect your broker account to their platform. No technical setup or VPS is needed. Just choose your plan (like the Starter Plan) and request activation. Everything else is handled for you—seamlessly and safely.
3. Choose Your Trader(s) to Copy
You can browse a list of top-performing traders. These traders vary in strategy—some trade gold, some forex, some use short-term approaches, while others are long-term. As a beginner, you can view easy-to-read profiles showing monthly performance, number of trades, and risk levels.
Just click to copy, and their trades will begin reflecting in your account.
4. Set Your Risk Controls
Even if you don’t understand the market, SMARTT helps you protect your capital. You can set a maximum daily loss limit, a stop-copy threshold, or withdraw profit manually whenever you want. You’re always in control, even if you don’t manage trades yourself.
Do I Need to Watch Charts or the Market?
Absolutely not. SMARTT was built for people who don’t want to stare at charts or follow economic news. You don’t need to install MT5, track indicators, or stay online during market hours. The platform automates trade execution and gives you performance summaries so you can focus on results, not setups.
You can check your dashboard once a week or once a month—it’s completely up to you.
Why SMARTT Is Ideal for Beginners Without Forex Knowledge
• No charting tools required: Everything runs in the background.
• Professional trade tracking: You copy only top-rated traders with real results.
• Risk-managed automation: You get the benefit of strategy without learning strategy.
• Beginner-friendly interface: No technical jargon, just simple performance data.
• Affordable entry point: The Starter Plan is designed for first-timers with limited capital.
Even if you’ve tried and failed with other forex tools or robots before, SMARTT’s model is different. It focuses on combining verified trader signals with automation, so you can grow your account passively and steadily—no prior experience needed.
Conclusion
If you're curious about forex but have no idea where to begin, copy trading is your shortcut into the market. With SMARTT, you don't need to study charts, analyze economic data, or worry about indicators. Just connect your account, choose your trader, and let the system work for you.