How to Evaluate a Copy Trading Provider Properly

If a provider like BelonkFridayFX appears at the top of the leaderboard, the ranking alone is not enough.

A more realistic evaluation includes:

📅 Track record length (longer is more meaningful)
📉 Maximum drawdown (risk indicator, not returns)
📈 Equity curve smoothness
🔁 Consistency across months
⚙️ Strategy type (important):
- Grid / martingale = high risk
- Trend following = moderate risk
💰 Risk per trade / leverage usage

A simple rule used by experienced copy traders:

Stability matters more than peak returns.