We found 11 online brokers that are appropriate for Trading Copy Trader Forex Brokers.
For over a decade, there has been an increase in trade using Forex copy trading, also called social trades, mirror trading, or auto trading. Social media and ever-faster networks are helping to share financial news and business analytics at lightning fast speeds.
The principle of copy trading is simple: use technologies to copy the Forex trades (Forex signals) that you want to track from other live investors (Forex device providers). This helps you to repeat (copy) their trades instantly into your trading account each time you sell.
eToro is the winner because of its user-friendly interface for copy trading. This helps traders to double investor transactions across over 2,300 instruments, including: currency exchange, shares, Forex, CFDs, etc.
IC Markets provides its commission-based accounts incredibly well to algorithmic traders. Its background of IC Markets MetaTrader networks, third-party testing, and trading tool plug-ins make this our number 1 broker for 2024.
It offers a limited variety of tradable commodities, and also provides one of the largest choices of third-party sites, including numerous trading opportunities for social copying.
The XM Community is a 'MetaTrader' vanilla broker that, in addition to consumer metrics, provides a full range of MetaTrader, along with some major enhancements to increase experience. Besides trading instruments, the research services of the XM Group are full of depth and range, which challenge market leaders, including 'IG' and 'Saxo Bank'.
AvaTrade is a trustworthy global brand, proven to deliver a wide variety of trading network options for traders. 'AvaTrade' has been found to be outstanding for copy trading and smartphone competitiveness. It is mostly in line with the sector's average pricing and analysis, and is a real winner in investor education.
Many authorities see copy exchange as self-directed, due to precise regulatory requirements and ever-changing trading technologies. Copy trade is considered self-directed in virtually every jurisdiction, so the customer must determine from whom they wish to copy, even though the copying occurs automatically (for each signal). It is important to remember that copy trading is not supported by all social trading sites.
Fun fact: several of the first social trading inovators like eToro have become market leaders.
In most nations, copy trading is lawful, under the correct supervision of the broker. When you invest in a licensed broker in capital markets, the procedures during the opening process help ensure that the business is legal for you, depending on where you live.
A trader shares his real-time trading with other traders (clone traders), as a signals supplier. Users will automatically copy the signals of the signal supplier, in real-time, using a copy trade network. Optional controls are provided for protecting investors on any copy trading site. Traders should, for example, change the amount of money they risk, and copy the signals.
You will make or lose money selling, like in any other investment. The principle of copy trading is that before deciding which signal provider you want to pursue, you should determine the feasibility of each trader. Copy trading is costly, and many traders have lost money doing it. Just invest by beginning with a limited amount of money, and carry out extensive analysis before you commit yourself to a plan.
Cloning is not always the most profitable exchange mechanism. The best approach for your financial targets is to match your Risk Parameters with a plan. For instance, in contrast to the overall benefit, a more cautious investor can select a method with a lower average trade loss. A less cautious investor, on the other hand, can select a more risky approach, which could result in a greater risk of losses.
There are several new Forex clone trading sites with hundreds, or even thousands, of signal providers. As a consequence, traders may have trouble choosing whom to pursue. Therefore, analysis is always necessary. Start with a small number, and never speculate with more than you are willing to lose.
Trading in copy involves aggressive, self-determined account management, contrary to a fixed and ignored investment fund, or other passive investments. You will only then see that copy trading is a smart strategy, and if it is to be part of your portfolio. When used properly, copy trading will help you diversify your portfolio, and most resources are available from the best copy dealers.
First of all, use filters from the website to clone restrictive tactics and traders. Then, compare methods together to determine past success and returns. Finally, reach a quantity you are able to risk, and exchange in copies.
Copy Trading Tip 1: In addition to selecting a trader who has strong past records, one should also consider the statistical success of each system, such as the risk level (maximum draw) and the average size of the trade, length, and pace.
Copy Trading Tip 2: Some investors prefer more than one strategy, so it is important for you to copy trade Forex strategies with enough money, and choose the correct risk parameters. Note, that trading of copies can be dangerous.
We have conducted extensive research and analysis on over multiple data points on copy trade Forex to present you with a comprehensive guide that can help you find the most suitable copy trade Forex. Below we shortlist what we think are the best Copy Trader Forex Brokers after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching copy trade Forex.
Selecting a reliable and reputable online Copy Trader Forex Brokers trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Copy Trader Forex Brokers more confidently.
Selecting the right online Copy Trader Forex Brokers trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for Copy Trader Forex Brokers trading, it's essential to compare the different options available to you. Our Copy Trader Forex Brokers brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a Copy Trader Forex Brokers broker that best suits your needs and preferences for Copy Trader Forex Brokers. Our Copy Trader Forex Brokers broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Copy Trader Forex Brokers.
Compare Copy Trader Forex Brokers brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Copy Trader Forex Brokers broker, it's crucial to compare several factors to choose the right one for your Copy Trader Forex Brokers needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Copy Trader Forex Brokers. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Copy Trader Forex Brokers that accept Copy Trader Forex Brokers clients.
Broker | IC Markets | Roboforex | eToro | XTB | XM | Pepperstone | AvaTrade | FP Markets | EasyMarkets | SpreadEx | FXPro |
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Regulation | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Services Commission (FSC) (000261/4) XM ZA (Pty) Ltd, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA) | CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130) | Cyprus Securities and Exchange Commission (CySEC) (079/07) Easy Forex Trading Ltd, Australian Securities and Investments Commission (ASIC) (Easy Markets Pty Ltd 246566), British Virgin Islands Financial Services Commission (BVI) EF Worldwide Ltd (SIBA/L/20/1135), Financial Sector Conduct Authority South Africa (FSA) EF Worldwide (PTY) Ltd (54018), FSC (Financial Services Commission) (SIBA/L/20/1135), FSCA (Financial Sector Conduct Authority) (54018) | FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835) | FCA (Financial Conduct Authority) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120) |
Min Deposit | 200 | 10 | 50 | No minimum deposit | 5 | No minimum deposit | 100 | 100 | 25 | No minimum deposit | 100 |
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Used By | 200,000+ | 730,000+ | 35,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 400,000+ | 200,000+ | 250,000+ | 60,000+ | 7,800,000+ |
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Platforms | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web | MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile Apps | MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play) | easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5 | Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView | MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play) |
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Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. | 74-83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.12% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk | Losses can exceed deposits | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider |
Demo |
IC Markets Demo |
Roboforex Demo |
eToro Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro Demo |
Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, | US, IN, PK, BD, NG , ID, BE, AU | US, CA, IL, IR | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, TR | US, CA, IR |
You can compare Copy Trader Forex Brokers ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Copy Trader Forex Brokers for 2025 article further below. You can see it now by clicking here
We have listed top Copy Trader Forex Brokers below.
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.