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๐Ÿš€ How to copy trade on Polymarket, step by step

Copy a Polymarket trader from Telegram in five steps โ€” open Polyfox, pick a wallet from its public history, set your limits, fund, and see the first copy.

Copying a Polymarket trader takes five steps, and nothing is spent until the fourth โ€” funding. You open the bot, shortlist a wallet from its public on-chain record, set how much of your money each copy may use, fund the wallet, and the bot mirrors the trader's next trades under your limits โ€” reporting every one. Each step below links to the detailed page.

In 10 seconds

  • Everything before funding is free โ€” browsing wallets and configuring a copy costs nothing.
  • Deposit minimum $10 (USDC/USDT on 6 networks); minimum $1 per copied trade.
  • Copies that size below your per-trade minimum are skipped, not bumped up; below the $1 platform floor the default is a $1 buy (you can turn that off).
  • Every copy sends a notification; pause or delete at any time, and your positions stay yours.

Step 1 โ€” Open the bot

Open Polyfox in Telegram and press Start. The bot creates a normal Polygon wallet for you โ€” you can export its private key at any time. No deposit is needed to look around. Full walkthrough: Getting started.

Step 2 โ€” Browse Smart Wallets

Open ๐Ÿš€ Copy Trade โ†’ the Smart Wallets list: Polymarket wallets ranked by a Score (50โ€“100) computed from their historical trades. For each wallet you see historical PnL, win rate and links to its Polymarket profile and full PolygonScan history โ€” public data you can check yourself.

Take your time here. The Score shortlists wallets worth a closer look; it is not a recommendation, and every figure describes past trades. How to read a trader's history explains what each number does and does not tell you โ€” and you can backtest any wallet with your exact settings over its past trades before you commit anything.

Step 3 โ€” Configure the copy

Tap Copy trade on your chosen wallet (or โž• Create Copy Trade and paste any wallet address). The settings that matter first:

  • Sizing โ€” a percentage of the target's trade or a fixed dollar amount. Platform minimum: $1 per copied trade.
  • Min per trade โ€” copies sizing below it are skipped, never quietly raised. Separately, copies under the $1 platform floor are bought at exactly $1 by default (Below Min Limit, Buy at Min โ€” turn it off to have those skipped too).
  • Limits โ€” max per trade (copies above it are capped), price bands, take-profit/stop-loss, and slippage โ€” how much worse than the trader's price your copy may fill (default: 30% on both buys and sells; both can be tightened). You can tune everything later.

Every option is documented on Copy trading โ€” including which positions a copy is allowed to sell, and Fast copy (acting on a trade a few seconds before it confirms on-chain).

Step 4 โ€” Fund it

Nothing is copied until the copy is funded, and nothing is spent at setup. Send USDC or USDT ($10 minimum) on Polygon, OP, Base, Ethereum, BSC or Arbitrum to your deposit address โ€” it is converted to pUSD automatically, the dollar balance you trade with, and the bot messages you when funds are ready. Full flow and the unsupported-network warning: Deposits.

Sizing note: with a small balance, many percentage-sized copies fall below the $1 minimum and get skipped, so the copy tracks the trader loosely. The bot suggests $100+ for closer tracking โ€” deposit what you are comfortable risking, and remember positions can lose all of their value.

Step 5 โ€” Your first copy

From here the bot works on its own, within your rules:

  1. The wallet you copy places a trade on Polymarket.
  2. Polyfox sizes a mirrored order by your settings โ€” and skips it if it falls outside your bands.
  3. Executed, failed or skipped, you get a notification โ€” for executed copies, with market, direction, size and your fill price, plus PolygonScan links. Polyfox's flat 1% trading fee applies to executed copies.

You stay in control throughout: pause or delete the copy any time, tune filters as you learn, and withdraw whenever you want. Deleting a copy never sells anything by itself โ€” positions it opened stay yours, and you can sell them whenever you choose from ๐Ÿฆ Positions, like any other position.

Copying mirrors a wallet's future trades; its past record is historical data, not a forecast, and positions can lose all of their value. This guide is informational, not investment advice โ€” see Legal notes.

Next steps

Open Polyfox

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