PolyCop

What it is

A Telegram bot that trades on Polymarket for you, in three modes: copying another wallet's trades as they happen, running rule-based strategies unattended, and ordinary manual orders against a live order book inside the chat. It is published by ApexLabs Group Inc, a Seychelles company, and there is a web dashboard beside the bot with a wallet leaderboard and a copy backtester. The job is automation: you are buying something that places orders while you are not watching.

Copy trading is most of the product. You paste a target address, pick market or limit orders, and size each copy as a fixed amount or proportionally to the target's position. Limit copies take a price offset from the target's price and an expiry. Caps apply per trade, per market, per Yes/No side and in total, plus a ceiling on how many different markets you can hold at once. A copy smaller than Polymarket's minimum order ($1 for a market order, 5 shares for a limit) is either skipped or rounded up to the minimum, and you choose which. A sub-wallet option creates a fresh wallet for each target, so one leader's losses cannot drain the balance another leader is using.

The speed claim is specific, which is rare, and nobody outside the vendor has checked it: 30% of copies in the same Polygon block as the leader's fill and the other 70% one block later.

AFK Auto Trade is the second engine, and it is two different things under one name. On Polymarket's short-horizon crypto markets (BTC, ETH, SOL and XRP, from 5 minutes to 4 hours) it acts on price conditions, with optional MACD, KDJ and ATR filters. On everything else (sports, politics, weather, esports, culture, tech, finance) it scans every five minutes. Each outcome is filtered on price, spread, book depth, volume and time to close, checked against price-history conditions over a lookback window, and bought when every condition holds. Exits are take-profit, stop-loss or a maximum holding time, whichever fires first. Each strategy buys a given outcome only once. The preset templates are named after price patterns and fill in those parameters for you.

Availability

PolyCop's own terms exclude almost nobody; the venue does the excluding. The eligibility clause asks that you be 18 and legally allowed to use crypto-asset trading services where you are, and it prohibits circumventing any geographic or eligibility restriction. Every order goes to Polymarket's international order book on Polygon, not to the CFTC-regulated US venue, so Polymarket's own list of blocked countries is the one that binds. That list includes the United States, the United Kingdom and most of western Europe. The jurisdictions above are the venue's reach, not the bot's.

There is no identity check. You sign in with a Telegram account, the bot creates a wallet on first use, and nothing asks for a document. The only KYC in the documented flow belongs to MoonPay, a third party, if you buy stablecoins by card through it.

The contract is Seychelles law. The terms, last updated July 2026, are governed by the laws of Seychelles, with disputes going to arbitration seated there. The one contact address given is a Gmail account.

Terms of Service read on 30 September 2026.

Pricing

0.5% of every executed trade, on top of Polymarket. The fee page calls it a flat transaction fee "deducted directly from your transaction". It applies to copy, automated and manual orders alike, and nothing is charged for an order that does not fill. Polymarket's own fee on the same fill is separate and still applies.

Why the fee fields above read 0.25% and not 0.5%. This catalogue records every fee as a share of the $1 a contract pays out, at a price of 50 cents. PolyCop's 0.5% is charged on the cash value of the trade, so a 50-cent contract costs a quarter of a cent in PolyCop fees, which is 0.25% of its payout. At other prices the gap is different. At 90 cents the fee is 0.45% of the payout, and at 10 cents it is 0.05%.

What is free. Redemptions, with PolyCop paying the gas. Withdrawals. Deposits sent directly on Polygon to the trading address, from $5. The fee page names USDC.e (bridged USDC) for that free route; the deposit guide also accepts native USDC, USDT and pUSD on Polygon, and the funds end up as pUSD, the collateral every Polymarket trade has used since the CLOB V2 upgrade. Cross-chain deposits from Solana, Ethereum, BSC, Arbitrum, Optimism or Base, from $10, pay only the bridge's or swap's own cost. Copy trading needs $50 in the wallet before it will start.

One statement is on the referral page and nowhere else. It says PolyCop's fee is only deducted once a user's accumulated trading volume reaches $600. The fee page does not mention a threshold, and neither page says whether volume below it is waived or collected once the threshold is crossed.

Referrers get 25% of the fees paid by people they invite and 3% one level further down, paid daily in pUSD once at least $10 is owed.

Fee and referral pages read on 30 September 2026.

Markets & resolution

Every market is a Polymarket market, collateralised in pUSD on Polygon and resolved by Polymarket's own process, and PolyCop's terms say it does not control Polymarket or its contracts.

Two resolution-adjacent behaviours belong to the bot. Auto Redeem claims resolved positions for you. The documentation says it can fail when Polymarket rate-limits redemptions, and it cannot run while a market is in its dispute window. On sports markets, resting limit orders are cancelled at the official start time, so a copy placed as a limit order just before kick-off may disappear rather than fill.

Integrations

Polymarket's own wallet system does the heavy lifting: the deposit address, the gasless trading address and the cross-chain bridge are all Polymarket's. Because of that, a PolyCop wallet is an ordinary Polymarket account. Export the key, import it into MetaMask and log in to Polymarket directly, and the same positions are there. That is also the documented way out if the bot stops working.

The web dashboard at polycop.ai signs you in with Telegram and carries the leaderboard. The analytics site polycop.fun hosts the copy backtester. A per-target copy history opens as a web page and exports to an Excel file. Profit-and-loss reports for copy, automated and manual trading live inside the bot.

There is no public API, no SDK, no webhook and no MCP server. The AI wallet report is a button in the bot, not an endpoint.

Limitations

The company holds your key. Section 4 of the terms describes a custodial wallet whose private key material PolyCop holds, encrypted, "with access limited to authorized systems and personnel". That is how PolyCop chose to let the bot trade while your phone is off. PolyCop-branded marketing pages elsewhere on the web call it non-custodial and say the key never leaves your Telegram session. The terms are the document that binds you. Export the key, and treat the bot's balance as money held by a Seychelles company. An optional wallet password protects withdrawals and key export, and it cannot be recovered if you forget it.

The name is crowded, and the vendor's own documentation says so. It warns that the ads Telegram shows at the top of the bot are third-party and not approved by PolyCop. It warns that copycat bots come up in Telegram search, and that people pretending to be admins send messages and even call users. It lists five official bots (New York, Paris, Tokyo, California and London), which share one backend. It names only two websites, polycop.ai and polycop.fun. polycop.io is a different product entirely, a browser app with its own terms and its own fee, where you paste a private key into the page.

Two defaults are worse than they look. The AFK templates start with a slippage tolerance of 30% on market buys. Take-profit and stop-loss on copy trades only work when selling is set to market orders. With limit-order selling the stop-loss is still shown, but it never fires, because Polymarket will not accept two resting orders on one position. Even when it does fire, a stop-loss is a market order and can fill well past its trigger. The documentation's own example is a 20% stop turning into a 25–30% loss.

Copies fill after the leader, or not at all. The leader's fill has already moved the book by the time yours arrives, and a copy at 1% of a $20 trade is below Polymarket's minimum order and never placed. The AI wallet report tries to measure this. It replays the address's last 4,000 transactions with fills 2% worse on every buy and every sell, and grades the address on what is left. That is one fixed friction model applied to one address's history, and on thin books the real friction is larger. The documentation's welcome page leads with a single user who turned $305 into $48,786 in 30 days. One survivor's month is not a base rate.

No venue but Polymarket. Polymarket US, Kalshi and Limitless are out of reach, and so are automated trades across venues.

Liveness is not in doubt. The terms carry a July 2026 date, and the documentation already describes Polymarket's pUSD collateral.

Alternatives

Polycool is the nearest match: copy trading on the same venue, sold as a phone app. Its fee starts at 1% and falls with volume, and it uses a self-custodial wallet created through Privy, not one the company holds. PolyWallet and OrcaLayer cover the wallet-watching half without routing your orders or taking a cut. To judge an address before following it, Convexly publishes its method.

Holding the key yourself means running your own code. Polymarket's polymarket-client and PMXT both sign orders locally, and then the only fee on a copy is the venue's; the watching and sizing logic is yours to write.

For a US reader, Polymarket US and Kalshi are the venues that will open an account.