Quick Summary
MirrorPip is a crypto copy trading and trade automation platform run by MirrorPip Private Limited in Bangalore. Users link an exchange API key and copy a chosen leader. The company says it never holds your funds. Our research found no SEBI registration or FIU IND listing, a Terms page with an unfilled jurisdiction placeholder, and user reports on YouTube and app stores of liquidations and losses. This guide covers pricing, red flags, reviews and what to do next.
Pick a leader, mirror their moves, and keep your money on your own exchange. That is the pitch behind MirrorPip, and it sounds simple enough to try.
Then the questions start. Who runs it, what does it cost, is it regulated, and why do some users post losses?
We went through the company’s own pages, the app listings, and public user comments.
This guide lays out what we found, so you can decide before you link anything.
What is MirrorPip?
MirrorPip is a crypto copy trading and trade automation platform run by MirrorPip Private Limited, with a registered address in Bangalore.
It began as an “India’s first multi-exchange copy trading tool” waitlist and now ships web, iOS, and Android apps.
The legal pages list the name “MirrorPip Pvt Ltd” at 4075, Prestige Lake Ridge, Uttarahalli, Bangalore 560061.
The research did not find a CIN or registration number on the site.
How the MirrorPip App Works?
If you are new to copy trading, the idea is easy to follow. Here is the process the company describes, step by step.
- You link your own exchange account to MirrorPip through an API key.
- You pick a “Mirror Leader” and set how much money to allocate.
- The app places proportional copies of that leader’s trades in your account.
Where Does Your Money Sit?
The company says it never holds your funds.
Everything stays on your exchange, and MirrorPip only places orders through the key you give it.
That claim comes from the company. We could not test it independently.
What Does MirrorPip Offer?
The platform bundles three tools. The list below shows what each one does.
- Copy trading: Follow leaders and mirror their trades.
- TradingView alert automation: Send alerts through webhooks, with 100+ sample Pine scripts.
- Multi-exchange dashboard: One view for up to 8 exchange accounts.
The site names Delta, Pi42, Bybit, CoinSwitch, and Mudrex.
The docs add Shark Exchange, and the homepage also mentions MT4, MT5, Amibroker, Python, and custom APIs.
Reviewers often name Shark Exchange too, and our page on is Shark Exchange safe reviews that exchange separately.
Claims on the MirrorPip Homepage
The homepage advertises 120K+ active users, 150+ verified leaders, $450M+ in trades copied, and 10+ brokers connected.
None of these numbers come with an audit or a third-party source.
Treat them as marketing claims until someone verifies them.
What Are MirrorPip Services and Their Pricing?
Here is what the platform sells and what it charges.
The company describes pricing in two different ways, so read both carefully.
Under copy trading, you can browse leaders, filter by risk level and period, and follow one or several.
You set an allocation and an optional stop loss, and your trade size follows your allocated balance in proportion to the leader’s position.
You can also send your own TradingView strategy alerts to a connected exchange without writing code.
Traders who want to lead can apply through a separate leader portal.
Is MirrorPip Free or Paid?
The company’s FAQ says the app is free; there are no paid plans and all services are free. Its pricing page shows three plans.
The table below lists each plan as published.
|
Plan |
Price | Features |
|
Free |
$0 per month | Basic trading features, 1 live trading account, basic performance analytics, email support |
| Standard | $29 per month |
Free plan features, up to 3 live trading accounts, advanced performance analytics, priority customer support |
| Premium | $59 per month |
Standard plan features, unlimited trading accounts, personalised strategy insights, a dedicated account manager |
The website also states that spreads and overnight fees may apply depending on your broker.
The page says MirrorPip does not charge hidden fees.
What Do the Tiers Change for You?
When a leader trades, copies go out in the order VIP, then Plus, then Free. The company says the gap is under one second.
In thin or fast markets, lower tiers can get later fills, partial fills, worse prices, or no fill.
The research uses the names VIP and Plus here, while the pricing page lists Standard and Premium, so check which tier name applies to which plan.
Is MirrorPip Registered or Regulated in India?
This is the question most readers ask first. The points below come from the company’s legal pages and the research findings.
Its own position. MirrorPip calls itself a technology service provider.
It says it gives no financial, investment, or legal advice, does not endorse any leader, and does not control the exchanges.
Financial regulator status. The research found no SEBI registration, no FIU IND listing, and no other regulator approval for MirrorPip itself. The company does not claim any.
FIU IND registration. MirrorPip says it connects to FIU-registered exchanges, and the FIU list on its docs site includes CoinSwitch and Mudrex.
FIU IND is an anti-money laundering registration, so it does not mean SEBI regulation or investor protection.
Users should check each exchange’s status themselves.
SEBI registration matters mainly for securities advice, as our page on unregistered advisory firms India explains.
Governing law. The Terms of Service say disputes go to the courts of “[Jurisdiction]”. That is a template placeholder nobody filled in.
Red Flags to Check Before Using MirrorPip
The research lists several points that investors should weigh. Each one below is a point to verify, not a finding of wrongdoing.
1. “Real Performance” Versus Demo Data
The homepage promotes verified leaders with real performance metrics.
The Terms say leaders’ historical performance is based on demo or hypothetical data.
Those two statements do not sit together.
If a platform’s displayed returns look too good, our page on algo trading platform profit guarantee India explains the phrases that deserve suspicion.
2. Paying Can Move You Ahead of Free Users
Paying or signing up through the referral link moves your orders ahead of free users.
Free users copy the same leader but may get worse entries.
MirrorPip also earns referral commission from the exchanges it steers users to.
3. API Key Risk
The platform holds a key that can place trades in your account.
Its own API page lists a Trading API to place, modify, and close trades programmatically.
If you still choose to link a key, the research suggests these steps.
- Create the key with trading permission only, never withdrawal permission.
- Add IP restrictions if the exchange offers them.
- Never share a withdrawal-enabled key.
4. Unverified Traction
The Android listing, named MirrorPip Pro, shows 10K+ downloads and has been live since about April 2026.
The iOS app has 10 ratings.
That is hard to square with “120K+ active users”, though web users may account for some of the gap.
5. Affiliate Commission Tied to Trading Activity
MirrorPip states that affiliates earn commissions based on the trading activity of referred clients.
The programme is open to website owners, bloggers, influencers and digital marketers.
The research notes this could encourage affiliates to promote frequent trading, which may conflict with an investor’s interests.
6. Crypto and Forex Promotion
The website prominently displays Bitcoin and Ethereum and encourages users to copy traders’ strategies automatically.
The research notes that Bitcoin is not legal tender in India and that crypto trading is not the same as trading a SEBI-regulated security.
The risks include price volatility, financial losses, cyber fraud, and limited investor protection.
The platform’s regulatory status and the legal compliance of the services it facilitates would need to be verified.
Fake trading bots use similar pitches, and our page on automated crypto trading scam lists the red flags they share.
The app also promotes forex trading.
The research notes that the RBI cautions Indian residents against unauthorised forex platforms, and that transactions must follow FEMA requirements.
MirrorPip’s Risk Disclaimer, last updated 1 October 2025, says trading in cryptocurrencies and forex involves a high degree of risk.
Lost money after copying a leader and unsure where to report?
Start with our guide to the cyber crime portal, then let our team look at your case with you. We explain your options clearly, and we never promise recovery. Register with us for a free consultation.
What Do Users Say About MirrorPip?
These are public comments and reviews, shown as posters wrote them. They are individual accounts, and we have not verified any of them.
Names and handles stay out of this article on purpose.
1. YouTube Comments on MirrorPip Videos
Most comments sit under videos about the All in One Delta strategy. Here is what commenters described.
One user subscribed to All in One Delta and reported a loss of 5000 in three days in their own account, while MirrorPip and backtesting showed profit.
They later said 25 of their trades got liquidated, and that topping up did not stop the loss. They asked why and removed the strategy.
Another user asked how many people lost money after subscribing, and wanted to know if any strategy works safely.
A commenter who invested $500 wrote that they lost about $100, roughly 20 percent, in five days.
They reported multiple liquidations and heavy fees, and said the leader’s displayed profit and loss differed from their own results.
Their warning was that a green leader profile does not mean you will get the same results.
Another commenter said they added 1 lakh capital on Delta Exchange after subscribing to All in One Delta, and reported a loss of 50k.
They said messages then asked them to add more funds to manage risk, and they called the experience a scam.
A short comment said the platform does not work and warned that anyone expecting easy money from arbitrage should think again.
Some comments were mixed.
One user said exact trades are sometimes not copied, so their trades lost while the leader’s trades earned.
They said about 40 percent went in brokerage over 15 days, but they still saw a profit.
Another said leaders can also lose, and urged careful research before investing.
One screenshot also shows a user asking why TradingView backtests looked strong while live results over two months did not match.
Another shows a user reporting a loss of $130 on a wrong trade copy.
We read these from the screenshots, not from the research text.
2. How Did MirrorPip Reply on YouTube?
The MirrorPip channel replied to some comments.
One reply told a user to subscribe in cross mode, since isolated mode can lead to liquidation.
Another reply asked a user to make sure they use cross mode and proper risk management to avoid unnecessary losses.
3. App Store Reviews of MirrorPip
The Google Play listing shows 3.2 stars from 87 reviews. The iOS app shows 3.6 out of 5 from 10 ratings.
These are the recent one and two-star reviews in the research.
A user from 2 October 2026 said support did not respond.
They had subscribed to the Manish Swing Trading Strategy with $50, found the strategy delisted, and could not tell what happened to the amount.
A user from 29 September 2026 said the figures on the website differ from reality.
They reported their portfolio was more than 70 percent down in three to four days after mirroring All in One Delta, and said one trade lost almost double with no stop-loss order.
A user from 3 September 2026 subscribed to the KJ FOLIO algo strategy and reported losing more than 50 percent of capital in three to four days.
They said the strategy uses very high leverage and that they closed all positions to protect the rest.
A user from 18 October 2026 said they lost money even after maintaining margin, with no stop loss on trades.
They suggested MirrorPip earns commission for bringing trades to exchanges like Delta and Shark Exchange. That is the reviewer’s opinion.
An iOS reviewer from 7 October said every strategy gave small profits of 200 or 300 rupees against losses of 10k or 15k, with positions always liquidated.
An iOS reviewer from 8 October said the app worked well in August, but updates from exchanges such as Shark and Delta became inconsistent.
They asked for trades on the exchange to show up in the app right away.
4. How Did MirrorPip Reply in the App Store?
On the 2 October review, MirrorPip Engineering replied on 5 October 2026.
It said MirrorPip follows a strict no-custody model and never holds, receives, or accesses your funds.
The reply added that leaders or strategies may be delisted, but this never affects custody of your funds.
It pointed the user to WhatsApp support.
What Does Scam Detector Say About MirrorPip?
Scam Detector is a third-party tool that scores websites automatically. Its score is an opinion, not a legal finding.
It gives MirrorPip.com a trust score of 49.1 out of 100, labelled doubtful and medium risk.
It says the score rests on 53 factors, though the review does not list which factors drove the result.
The site is filed under Cryptocurrency and Blockchain, an area where users should be careful before sharing personal information or committing funds.
Before you fund any exchange tied to a copy trading app, our page on fake crypto exchange lists the warning signs of fraudulent platforms and how withdrawal blocks work.
What Should You Do If You Lost Money After Copy Trading?
If your copied trades went wrong, act step by step. This section lists what to do first and what to keep.
Here are four actions, in order.
- Stop adding funds, and delete the API key from your exchange account.
- Save proof. Keep screenshots of the leader’s profit and loss, your own trades, fees, subscription payments, and support messages.
- Write to the exchange and the platform, and keep their replies.
- Call the national cybercrime helpline if you suspect fraud.
The research notes that crypto trading is not the same as trading a SEBI-regulated security.
MirrorPip does not claim SEBI registration, and the research found none, so for a firm like this, SEBI’s email route is the usual first step.
Our page on how to complaint in SEBI explains that route, and when a police complaint is the stronger option.
Do not delete chats, emails or call logs, even if they feel embarrassing.
To spot trouble earlier next time, our page on how to avoid crypto scams covers the warning signs and why clone apps matter.
Disclaimer: This article shares publicly reported experiences and the findings of our research for awareness. It is not legal or investment advice, and it does not accuse any company or person.
Conclusion
MirrorPip presents itself as a simple way to copy a leader while your money stays on your exchange.
The research found no SEBI registration or FIU IND listing, an unfilled jurisdiction clause, and a gap between homepage claims and user reports.
Some users reported liquidations and heavy losses, while one reported a profit.
A key that can place trades deserves care, and past results from a leader do not carry over to you.
Verify the exchange, limit the API key, and keep every record.
Report. Recover. Stay Fraud Free.
Frequently Asked Questions
MirrorPip is a crypto copy trading and trade automation platform run by MirrorPip Private Limited in Bangalore. You link an exchange API key and copy the trades of a leader you pick.
The research found no SEBI registration, no FIU IND listing and no other regulator approval for MirrorPip itself. The company does not claim any. Crypto trading is also not the same as trading a SEBI regulated security.
The key can place trades in your account, so treat it with care. The research advises trading permission only, never withdrawal permission, and IP restrictions if your exchange offers them.
The company's FAQ says all services are free, but its pricing page lists Free, Standard at $29 and Premium at $59 per month. Spreads and overnight fees may also apply.
MirrorPip offers web, iOS and Android apps. The Android listing is named MirrorPip Pro by MirrorPip Engineering. Use the official store listing and check the developer name before you install.
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