15 Best Copy Trading Brokers 2026

Copy traders must be registered with the Securities and Exchange Commission as Registered Investment Advisers or Registered Commodity Trading Advisors. That said, ACY’s market research and educational content have room for improvement, and the spreads available within the broker’s standard account are a bit higher than average. AvaTrade is a well-rounded, highly trusted broker that offers excellent educational resources for beginners and great tools for copy trading. Trading Forex, Futures, Options, CFD, Binary Options, and other financial instruments carry a high risk of loss and are not suitable for all investors.

Do I Need Trading Experience To Use Copy Trading?

In other words, this is the most diverse range out of any of the brokers I tested. While I was able to improve the trading environmnet after I customized it, I’d say the platform is not beginner-friendly. You should not trade or invest unless you fully understand the true extent of your exposure to the risk of loss. You should not risk more than you can afford to lose, it is possible that you may lose the entire amount of your account balance. 75.85% of retail investor accounts lose money when trading CFDs with this provider.

Oanda – Best Forex Copy Trading Platform For Us Traders

"After slashing its spreads, improving its execution speeds and support trading on over 100 currency pairs with more than 40 account currencies to choose from, Exness is a fantastic option for active forex traders looking to minimize trading costs." Copy trading platform software lets you effortlessly mirror the trades of seasoned traders, iqcent broker turning expertise into opportunity. Use our list of top regulated day trading platforms to be sure a broker is regulated. Sometimes traders may opt for an unregulated broker to access trading promotions or high leverage that aren’t permitted in tightly regulated jurisdictions, but we do not recommend this, especially for newer traders. "OANDA remains an excellent broker for US day traders seeking a user-friendly platform with premium analysis tools and a straightforward joining process. OANDA is also heavily regulated with a very high trust score." Copy trading is an online investment method that allows you to automatically follow and mimic the trades of experienced traders as they happen.

• When trading or investing, you must always take into consideration the level of your experience.
• You can read updates and send messages and exchange notes as part of a community with copy trading platforms.
• The information contained in this website is for informational purposes only and does not constitute financial advice.
• The legality of copy trading is also influenced by the way in which trading signals are provided.
• To participate in copy trading on Pepperstone, you first need to have an MT4 or MT5 account.

How To Choose A Platform For Copy Trading

No, copy trading is legal in most countries as long as you use a regulated broker or platform. Your profit or loss matches the trader’s performance, scaled to your investment amount. You select a trader on a platform like eToro or ZuluTrade, decide how much to invest, and the platform copies that trader’s moves into your account. Copy trading lets you automatically mirror the trades of experienced investors.

They are even lower on Tickmill’s two Raw Spread accounts from 0.0 pips plus a commission depending on the platform. Tickmill offers a wide range of tradable assets, including CFDs on forex, indices, stocks, commodities, bonds, metals, and cryptocurrencies. One of the standout features of Tickmill’s copy trading platform is its flexibility.

Etoro

Leading copy trading providers also rank the highest-performing master traders so investors can quickly find a suitable signal provider based on their goals and risk tolerance. Importantly, the best copy trading platforms make it easy to find a master trader, providing detailed insights into their returns, strategies, and risk ratings. "eToro remains a top pick for traders looking for leading social investing and copy trading services. With a low deposit, zero commissions and an intuitive platform, the broker will meet the needs of newer day traders." Whether you’re a complete beginner or an experienced investor looking for diversification, https://www.trustpilot.com/review/iqcent.pro copy trading offers a flexible way to access global markets while benefiting from the expertise of seasoned traders. When considering forex copy trading platforms, it is essential to look for platforms that are regulated by reputable financial authorities.

Best Stock Trading Platforms For Beginners Of 2026

• Copy trading eliminates the need for in-depth market research and analysis.
• However, it is important to recognize that copy trading carries inherent risks and past performance is not indicative of future results.
• For MT5, you will need to sign up for MQL5, especially if you want to trade all FOREX.com’s 84 Forex pairs.
• Automated trading uses a computer program, often called a “bot,” that you set up with your own rules.
• In the UK, for example, the Financial Conduct Authority (FCA) requires that traders on social platforms adhere to the MiFID II regulations to qualify as investment managers, ensuring transparency and protection for investors.From a market segmentation perspective, copy trading has been the dominant force, generating significant revenue and is projected to continue its upward trajectory.

60-90% of retail investor accounts lose money when trading CFDs with the providers presented on this site. The financial products offered by the promoted companies carry a high level of risk and can result in the loss of all your funds. Look for platforms like eToro, AvaTrade, and Vantage that mention cryptocurrencies as tradable assets.

• Moreover, this platform offers one of the largest collaborative communities of traders in the world.
• Both of these platforms offer a wide range of currency pairs and allow investors to copy trades from top forex traders.
• Your funds are fully secured when you trade with financial brokerage company RoboForex.
• BDSwiss is a very strong competitor in the industry when it comes to CFD brokers.
• You’ll just need to ensure that your chosen broker offers both copy trading and cryptocurrencies.

Comparing Regulated And Unregulated Platforms

By selecting traders to copy and allocating an amount, their portfolio actions are then mirrored proportionally in your own account. CopyTrader™ is a feature that allows users to automatically replicate the trades of other successful investors on the eToro platform in real-time. Moreover, this copy trading feature allows beginners to automatically replicate the trades of experienced investors. We are also a community of traders that support each other on our daily trading journey. TradingBeasts helps individual traders learn how to responsibly trade forex, cryptocurrencies and other asset classes.

Best For: Beginner-friendly Copy Trading With Fixed Spreads

This app allows traders to replicate/copy the strategies of signal providers or become signal providers themselves. The trading platforms available to use include MetaTrader 4, MetaTrader 5, and its own AvaTrade app. AvaTrade’s AvaSocial platform allows users to automatically replicate the trades https://www.forexbrokersonline.com/iqcent-review of other investors within the AvaTrade community.

Always check that the platform is licensed by a reputable authority to ensure compliance and safety. Always verify broker licensing with official regulatory authorities. It is not financial advice or a solicitation to buy or sell any security or derivative. Diversify by following multiple investors instead of concentrating all your funds into one strategy.