Copy Trading Short Term for 2024

We found 11 online brokers that are appropriate for Trading Copy.

Copy Trading Brokers Guide

Analysis by Andrew Blumer, Updated Last updated - May 08, 2024

Copy Trading Short Term

Exploring copy and social trading

Are you new to CFD trading?

If your answer is yes, then you cannot start trading right away. You need some guidance. The setback is that new traders lack insight and experience as they could end up making risky investments and as a result and lose their money.

Copy trading is may be the solution. Lets examine the pros and cons of Copy Trading and Social Trading.

Understanding the concept of copy trading

If we must explain copy trading in simple words, it means copying the actions of other traders. A portion of your portfolio is connected to the trader's copy trading portfolio that you have selected.

The trade copying takes place through an automatic system provided by the platform you choose. When you copy a trade, then their open trades get copied into your account. The best part is that you can choose a budget for investing in copied trades.

There is potentially less risk involved. Another way to reduce the element of risk is by talking to other traders. They can update you about the ongoing trends. Copying the trades is a great opportunity to learn from the trading approach of the other traders.

You get a chance to analyze whether their trading methods align with yours.

How to find the best trader to copy

Most of the platforms have a search filter that allow you search the stipulations you require in a trader. Once you find such a trader, you can monitor their trades. Once you are comfortable with the trading style of a trader, you can decide to copy him or her.

If your budget and the budget of your chosen trader does not match, then you do not have to worry at all. Their trades will be copied in proportion to your budget.

Now, when you are into copy trading, then you need to remember one essential aspect. Consider diversifying your portfolio. It is possible by copying the trades of different traders. The best thing is that you are spreading the risk this way.

When you are new to copy trading, then make sure that you copy traders with small budgets. As a consequence, it will become simple for you to figure out which trades will bring big profits. When you copy a trader, then you do a bit of research on his reputation also.

Avoid traders who are not accomplished in their respective field. Most platforms provide you with filters to search the top traders.

Figuring out social trading

The main objective of social trading is to provide traders quick access to the financial markets and you might be wondering what the difference is between social trading is and copy trading.

Well, copy trading can get termed as a stricter form of social trading. You are copying the trades and the strategy from a specific trader in copy trading. However, in social trading you just grab the ideas from the entire network.

Now, choosing between social and copy trading can be a tough task. However, copy trading is the safer of the two options. The reason is that in copy trade, you copy the entire actions. The repercussions of the action will reflect in your portfolio and the other traders too.

The impact will depend upon your investment. On the contrary, social trading is comparatively riskier because you are just picking the idea. You will need to indulge in research on your part. Therefore, the margin for errors are there.

When you want to excel as a copy or social trader, then remember one rule of thumb. Think along the lines to reinvest your gains. It may sound tempting to withdraw your profit. However, compounding is the best rule.

Copy Trading Short Term Verdict

The best approach will be to reinvest a percentage of your gains. Secondly, when you copy a trader, you should also try to understand the strategy. If you copy the trader blindly, then you’re learning curve will stop. The practice will be harmful to you at the end of the day.

Whenever you copy a trade, jot down the pros and cons of the strategy. It will inculcate the element of risk awareness. You will be able to trade in a smarter way next time. Do not let your losses discourage you.

Remember, every trader has his bad days. Your objective should be to emerge more skilled from every setback. The practice will eventually refine you.

Once you are into copy and social trading, gradually you will be able to come up with your trading strategies. Take your first step towards success. You will be happy with your choice.

We have conducted extensive research and analysis on over multiple data points on Copy Trading Short Term to present you with a comprehensive guide that can help you find the most suitable Copy Trading Short Term. Below we shortlist what we think are the best Copy Trading after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Copy Trading Short Term.

Reputable Copy Trading Brokers Checklist

Selecting a reliable and reputable online Copy Trading 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 Trading more confidently.

Selecting the right online Copy Trading 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.

Compare Key Features of Copy Trading in Our Brokerage Comparison Table

When choosing a broker for Copy Trading trading, it's essential to compare the different options available to you. Our Copy Trading 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 Trading broker that best suits your needs and preferences for Copy Trading. Our Copy Trading broker comparison table simplifies the process, allowing you to make a more informed decision.

Top 15 Copy Trading of 2024 compared

Here are the top Copy Trading.

Compare Copy Trading brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Copy Trading broker, it's crucial to compare several factors to choose the right one for your Copy Trading needs. Our comparison tool allows you to compare the essential features side by side.

All brokers below are Copy Trading. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more Copy Trading that accept Copy Trading clients.

Broker IC Markets eToro Pepperstone AvaTrade FP Markets FXPrimus forexmart coinbase binance ETX Capital Ayondo
Rating
Regulation Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) 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 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), 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), Central Bank of Ireland Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB) Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA) Unregulated Financial Conduct Authority (FCA) Financial Conduct Authority (FCA)
Min Deposit 200 100 200 100 100 100 1 100 100 100 1
Funding
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
Used By 180,000+ 30,000,000+ 400,000+ 300,000+ 10,000+ 10,000+ 10,000+ 10,000+ 10,000+ 10,000+ 10,000+
Benefits
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Low min deposit
  • Low min deposit
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Low min deposit
Accounts
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • Raw Spread account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Managed account
  • Islamic account
  • Demo account
  • Micro account
  • Standard account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • Managed account
  • Islamic account
  • Demo account
  • Standard account
  • ECN account
  • Islamic account
  • Mini account
  • Standard account
  • Managed account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
Platforms MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android Web Trader, Tablet & Mobile apps MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 MT4, MT5, cTrader, IRESS, Mac, Web Trader, Tablet & Mobile apps MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps MT4,WEB,desktop iPhone/iPad,iOS, Desktop,Android,iPhone/iPad,Mac MT4, Mac, Mirror Trader, Binary, Tablet & Mobile apps Web Trader,
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Learn More Sign Up with
icmarkets
Sign Up with
etoro
Sign Up with
pepperstone
Sign Up with
avatrade
Sign Up with
fpmarkets
Sign Up with
fxprimus
Sign Up with
forexmart
Sign Up with
coinbase
Sign Up with
binance
Sign Up with
etxcapital
Sign Up with
ayondo
Risk Warning Losses can exceed deposits 76% of retail investor accounts lose money when trading CFDs with this provider. 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 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
Demo IC Markets
Demo
eToro
Demo
Pepperstone
Demo
AvaTrade
Demo
FP Markets
Demo
FXPrimus
Demo
ForexMart
Demo
Coinbase
Demo
Binance
Demo
ETX Capital
Demo
Ayondo
Demo
Excluded Countries US, IR, CA, NZ, JP 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, 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 AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. RU RU RU US, BE, CA , SG, BE US, CA


All Copy Trading in more detail

You can compare Copy Trading 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 Trading for 2024 article further below. You can see it now by clicking here

We have listed top Copy Trading below.

Copy Trading Brokers List

IC Markets
(4/5)
Min deposit : 200
IC Markets was established in 2007 and is used by over 180000+ traders. Losses can exceed deposits IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. Cryptocurrency availability with IC Markets is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
eToro
(4/5)
Min deposit : 100
Visit eToro Try a Demo Read review

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. 76% 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. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

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.

eToro was established in 2007 and is used by over 30000000+ traders. 76% of retail investor accounts lose money when trading CFDs with this provider. eToro offers Social Trading, Stocks, Commodities, Indices, Forex (Currencies), CFDs, Cryptocurrency, Exchange Traded Funds (ETF), Index Based Funds. Cryptocurrency availability with eToro is subject to regulation. Buying and selling real cryptocurrency assets may not be available in your country through eToro. Please check the latest information made available on their website.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by 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
Pepperstone
(4/5)
Min deposit : 200
Pepperstone was established in 2010 and is used by over 400000+ traders. 75-95 % of retail investor accounts lose money when trading CFDs Pepperstone offers Forex, CFDs, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account Pro Account VIP account
Regulated by 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
AvaTrade
(4/5)
Min deposit : 100
AvaTrade was established in 2006 and is used by over 300000+ traders. 71% of retail investor accounts lose money when trading CFDs with this provider AvaTrade offers Forex, Cryptocurrencies, Commodities, Indices, Stocks, Bonds, Vanilla Options, ETFs, CFDs, Spread Betting, Social Trading . Cryptocurrency availability with AvaTrade is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by 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), Central Bank of Ireland
FP Markets
(4/5)
Min deposit : 100
FP Markets was established in 2005 and is used by over 10000+ traders. Losses can exceed deposits FP Markets offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, cTrader, IRESS, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB)
FXPrimus
(3/5)
Min deposit : 100
FXPrimus was established in 2009 and is used by over 10000+ traders. Losses can exceed deposits FXPrimus offers Forex, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID)
forexmart
(3/5)
Min deposit : 1
ForexMart was established in 2015 and is used by over 10000+ traders. Your capital is at risk ForexMart offers Forex trading, CFD trading, Social trading, Share Dealing, Crypocurrency trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4,WEB,desktop

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC)
coinbase
(3/5)
Min deposit : 100
Coinbase was established in 1989 and is used by over 10000+ traders. Your capital is at risk Coinbase offers Forex trading, CFD trading, Social trading, Share Dealing.

Funding methods

Bank transfer Credit Card Paypal

Platforms

iPhone/iPad,iOS,

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA)
binance
(3/5)
Min deposit : 100
Binance was established in 2011 and is used by over 10000+ traders. Your capital is at risk Binance offers Forex trading, Spread Betting, Social trading, .

Funding methods

Bank transfer Credit Card Paypal

Platforms

Desktop,Android,iPhone/iPad,Mac

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
ETX Capital
(3/5)
Min deposit : 100
ETX Capital was established in 2002 and is used by over 10000+ traders. Losses can exceed deposits ETX Capital offers Forex, CFDs, Spread Betting.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mac, Mirror Trader, Binary, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA)
Ayondo
(3/5)
Min deposit : 1
Ayondo was established in 2008 and is used by over 10000+ traders. Losses can exceed deposits Ayondo offers Forex, CFDs, Social Trading, Binary Options.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader,

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA)

Learn more Learn more about IC Markets.
Losses can exceed deposits
TRADE NOW Try IC Markets today
Losses can exceed deposits