Is Copy trades legal?

[Bhuvan]

@Nikhil_Wadibhasme

Is copy others trades legal in India?

It’s not. Nithin had answered it here:

Trading with other people’s money

Copy trading isn’t allowed in India, at least automated copy trading. Any automated strategy that someone is selling needs to be approved, but if the strategy isn’t an Algo but human trading, it can’t be approved. So not possible. If the person copying is manually copying and the main person charges a fee to display the trades, then the main person must be an RIA/RA. Check this post