Copying the trades of one trading accounts to other trading accounts is called Copy Trading. Copy Trading is also considered as an advanced version of Social Trading.
Two types of accounts are involved in copy trading:
1. Master Account
2. Child Account
Master account takes all the trading decisions while child account follows the decision taken by master account. Both of these accounts are required to run copy trading system. These copy trading accounts are the demat accounts. You must have a demat account with any Indian stock broker to use copy trading for stocks and for Indian Stock Brokers.