We found 11 online brokers that are appropriate for Trading Copy Trade Platform Investment Platforms.
Copy trade platform is the talk of the town among beginners and novice traders. Copy trade platform is like a blessing to such traders who have little or no knowledge of trading. Copy trade platform also is the best way to potentially make money in the financial market without having past experience.
In this article titled Copy Trade Platform, we will discuss sub-topics like whether copy trading is legal, how it works, why to copy a trade, how to choose a copy trade platform and more.
In most countries it is legal. But it is always suggested to get the service from a regulated broker. Traders need to check with their respective countries for the legality and local authority registration of the broker.
In simple terms, it is copying the trading strategy of a peer or expert trader. This means when the peer opens a trade, a person who is willing to copy should also open the same trade. It can be done either manually or automatically. If the original trade makes a profit, the person copying also makes a profit. The same goes with the losses. However, the output is in proportion and any volume can be invested.
There are several reasons to copy the trade of others. Below are some of the significant ones:
Copying trades save time as most of the trades automate it to avoid manual trading. This means any layman with basic knowledge of trade can copy and earn money without spending time to learn strategies and undergo manual trading.
Copying trades also help with learning the strategies that work. Some don't understand why certain strategies work and why others don't. Countering ideas pave the way to becoming an expert.
A trader may not be an expert in all the markets. With copy trade, he can take advantage of global markets. He gets exposure to various financial markets and gains knowledge of the markets.
Diversification reduces the risk and copy trading is one of the best ways to diversify a portfolio.
It is best for beginners and novice traders who want to learn and invest through interaction with peers or experienced traders. It is done through sharing technical analysis or strategies. The drawback here is that one has to monitor the market constantly and decide on the trade trends of an individual.
Copy trading is done through software and the trade positions of others are copied automatically. This process is best for people who have less time to concentrate on their trading part.
It is mirroring the trading of a strategy and it is an ideal method of copy trading as artificial intelligence and big data are involved. The accuracy data of mirror trading is much better than the other two discussed here.
It is important to choose the perfect copy trade platform. A wrong choice may ruin the chances of earning an expected profit. Below are some of the factors to consider while choosing a trade platform:
It is important to understand that the broker who is offering the copy trade platform should be a regulated broker.
It is important to know the number of traders one can copy. If the range is wide, the chance of copying the perfect trader are higher.
The platform should allow for in depth understanding, assessing and analysing of the strategies of traders before one actually makes any copies of the trades.
Most of the platforms offer the highest ROI and this makes it easier to find the winning traders.
Copying of trades is gaining popularity and gradually more investors are taking the help of such platforms to earn money from the financial markets. The feature is one of the newest in the industry and most of the brokers are offering the service. With the advancement of technology, specifically including artificial intelligence, the accuracy level of copy trading has increased.
In this article titled Copy Trade Platform, we discussed the topic in brief but covered some of the significant factors. Beginners and novice traders are always encouraged to start with copy trading as it requires less knowledge and experience to open winning trades.
However, it is also suggested to consider copy trading seriously as it is a good way to learn the strategies of trading from experts without spending money or losing money.
We've collected thousands of datapoints and written a guide to help you find the best Copy Trade Platform for you. Our aim is that this information helps you choose a trustworthy, reputable and professional broker who can satisfy your trading needs online. We have compiled a list of what we consider the best Copy Trade Platform Investment Platforms below.
There are a number of important factors to consider when picking an online Copy Trade Platform Investment Platforms trading brokerage.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
We compare these features to make it easier for you to make a more informed choice.
Here are the top Copy Trade Platform Investment Platforms.
Compare Copy Trade Platform Investment Platforms min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are Copy Trade Platform Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Copy Trade Platform Investment Platforms that accept Copy Trade Platform Investment Platforms clients
Broker |
IC Markets
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eToro
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AvaTrade
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Pepperstone
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Axitrader
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forexmart
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phoenixmarkets
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ezinvest
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FXPrimus
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ovalx
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coinbase
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Rating | |||||||||||
Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) | Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049) | 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 | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA) | Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA) |
Min Deposit | 200 | 10 | 100 | 200 | No minimum deposit | 1 | 500 | 500 | 100 | 100 | 100 |
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Used By | 180,000+ | 27,000,000+ | 300,000+ | 89,000+ | 10,000+ | 10,000+ | 10,000+ | 10,000+ | 10,000+ | 10,000+ | 10,000+ |
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Platforms | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | Web Trader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, Mac, ZuluTrade, Web Trader, Tablet & Mobile apps | MT4,WEB,desktop | MT4,mac,Android.iPhone/iPad | MT4,mac,Android.iPhone/iPad | MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, Mac, Mirror Trader, Binary, Tablet & Mobile apps | iPhone/iPad,iOS, |
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Learn More |
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Up with icmarkets |
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Up with avatrade |
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Up with pepperstone |
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Up with axitrader |
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Up with forexmart |
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Up with phoenixmarkets |
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Up with ezinvest |
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Up with fxprimus |
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Up with ovalx |
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Up with coinbase |
Risk Warning | Losses can exceed deposits | 78% of retail investor accounts lose money when trading CFDs with this provider. | 71% of retail investor accounts lose money when trading CFDs with this provider | 74-89 % of retail investor accounts lose money when trading CFDs | Losses can exceed deposits | Your capital is at risk | Your capital is at risk | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits | Your capital is at risk |
Demo |
IC Markets Demo |
eToro Demo |
AvaTrade Demo |
Pepperstone Demo |
Axitrader Demo |
ForexMart Demo |
Phoenix Markets Demo |
EZINVEST Demo |
FXPrimus Demo |
Ovalx Demo |
Coinbase Demo |
Excluded Countries | AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA | 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, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, PY, HN, GT, PR, NI, VG, AN, | BE, BR, KP, NZ, TR, US, CA, SG | AF, AS, AQ, AR, 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, UY, VU, VG, EH, YE, ZW | US, JP | RU | BE, CA, IR, JP, KP, US, BA, ET, IQ, UG, VU, YE, AF, LA, TR, SY, IL | BE, CA, IR, JP, KP, US, BA, ET, IQ, UG, VU, YE, AF, LA, TR, SY, IL | AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. | US, BE, CA , SG, BE | RU |
You can compare Copy Trade Platform Investment Platforms 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 Trade Platform Investment Platforms for 2022 article further below. You can see it now by clicking here
We have listed top Copy Trade Platform Investment Platforms 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. 67% 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.
Past performance is not an indication of future results.
Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.
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.