It’s no surprise that many people in Europe are looking to make a side income.
Whether it’s to stay ahead of the rising cost of living…
Freeing themselves from a job where they’re underpaid and underappreciated…
Or being able to give their loved ones the good things in life…
More and more people are turning to the internet to make money.
But there’s a problem.
In fact, three problems:
First, many of the “earn money” programmes are nothing more than scams.
Second, while some of these business models might have worked 3-5 years ago, they no longer work well today. That’s either because they have become saturated, or because they relied on a loophole that’s now been closed.
Third, even those that are legit tend to have a steep learning curve, and you can expect to spend months or years — and a lot of money — before you see a real profit.
But I may have found one that has none of these problems.
Here’s how it works: experienced day traders share the details of their trades with their followers — usually for free.
That way, their members can execute the same trades, and profit from the winners.
It seemed too good to be true: to make money without any real skill, and without having to pay for someone else’s expertise.
To find out more, I talked to Fred Frost — a day trader from Denmark who runs one of the world’s largest Copy Trading communities.
His website is packed with video interviews with his happy followers, and he has over 2,000 five star reviews on Trustpilot, so he seemed like a good person to ask.
My first question was, how does this work?
Fred: “I’ve been day trading since 2016. I still study the markets. I still make trades with my own money.
In fact, last year, I averaged over $300,000 month profit from day trading.
The only difference is that, these days, whenever I see a trade I want to make, I send a message to our 30,000 members with the details of the trade.
That way, they can jump in and make the same trade. And, when it goes well, they get to bank a profit.”
Fred: “Last year, 79% of our trades were winners. In 2023, it was 83%.
As a trader, I’ve always liked high-percentage trades. But I also think it’s good for our members.
You see, 95% of the people who join my community had never traded before.
When someone’s new, you want them to have success quickly. Because, when they see they’re making money — and making it consistently — it builds their confidence and they keep going.
So, I’m particularly pleased that, even though few people had traded before, 85% make a profit in the first month if they follow my instructions.”
Fred: “If they want to copy my trades, all they need to know is how to place a trade — and we teach that.
And if that’s all they want to do, they can make a very nice income in just 15-20 minutes a day."
Fred: “I sent out a survey and discovered that 28% make a full-time living from copying my trades. 7% have even made six or seven figures.
The rest are using it as side income."
Fred: “It’s a fair question — especially given how many scams there are online.
The reality is, trading can be lonely. And, while it’s nice to be making good money working a few hours a day, you can feel detached from society. It’s just you and your laptop.
Creating this community connects me to tens of thousands of people. We answer each others’ questions. We celebrate each others’ wins. And people talk about all the cool things they’re doing with the money they’re making.
Sometimes it’s buying a fancy car.
Sometimes it’s freedom: quitting their job so they can stay at home and raise your kids…or travel the world.
But sometimes it’s buying a house for your mum. Or sending your kids to a better school.
I love hearing these stories because I know how trading has transformed my life and I want it to transform my members’ lives, too.
As for downsides, there aren’t any.
First, I’m going to be studying the markets and making these trades anyway, so there’s no extra work.
Second, trillions of dollars are traded in the financial markets each day. Mainly by hedge funds and big financial institutions.
So even if every single one of our 30,000-strong community gets in on the same trade, it’s a drop in a bucket.
There’s no sense of scarcity. No reason to be covetous of these trades…or to keep the ‘best ones’ for myself.
There’s plenty of room for everyone to profit."
Fred: “We do make money.
Our community is sponsored by a major trading platform.
And, it’s because of that sponsorship I’m able to share my trades for free. It covers our costs and, yes, leaves us with a nice profit.
Think of it like Carling sponsoring the English Premier League, or Allianz paying for naming rights for Bayern Munich’s stadium.”
Fred: “I’m a big believer that you should always properly research something - especially if it’s a way to make money on the internet!
So, here’s where people can see video interviews with some of our members:
That way, your readers can do their own research, and decide whether this is something they’d enjoy being a part of."
In Summary: From my research, Copy Trading does seem like one of the best ways to earn a side income.
There’s no upfront cost, very little learning curve, and, because you’re copying the trades of an expert trader, a high probability of success.
So it’s no surprise Fred told me that 85% of his members make a profit in their very first month.
I can’t think of another side hustle system that fits these criteria — other than time and labour-intensive activities like driving for Uber.
So if you’re looking for a way to make money, I’d suggest looking deeper into copy trading. You might find it’s just what you’re looking for.
