Is Copy Trading Legal for 2024
We found 11 online brokers that are appropriate for Trading Copy Brokers.
Is Copy Trading Legal Guide
Analysis by Andrew Blumer, Updated Last updated - April 14, 2024
Is Copy Trading Legal?
There have been many tempting stories coming from the self-proclaimed successful traders who used copy trading as their main strategy when trading on financial markets.
If you have been around trading for a while, there is a chance you have heard about it too.
Is it legal? But before going further, we need to understand what copy trading is.
Defining Copy Trading
Copy trading is the strategy of investing or trading wherein the trader automatically copies the trades activities of other successful traders.
In the copy trading platform, the brokerage usually posts the information about the successful traders so that the users can copy the trading automatically and replicate the success of the users.
The users or traders whose trading is copied is called a signal provider. These users are a part of anonline trading brokerage community.
Actually, copy trading is not a new thing. It has been around since 2005. Back then, the first platform which introduced this strategy was Tradency. However, back then it was still Mirror Trading.
The original copy trading software which automatically runs was developed by the Fintech firm called ZuluTrade. They introduced this copy trading back in 2007. However, the popularity of copy trading rose significantly because of the eToro platform in 2010.
Both ZuluTrade and eToro have been dominating the world with their resilient copy trading offers.
Nowadays, copy trading practices have become more common amongst the sole traders.
The participants of the trading brokerage can view the statistics on other traders and determine the copy by their decision.
As the trader, you will have the freedom to choose which trader strategy you will want to copy.
In common cases, you will be able to see the signal providers statistics and performance in their profile.
The variables to see are the trading history, average ratings, total profits, trades to date, percentage of winning, average profit, best and worst trade, followers number, leaderboard ranking, and so on.
These statistics will help you to decide whether or not to copy the strategies of the brokers.
Is copy trading legal?
Now, lets get down to the meat of the article.
As others might have also been wondering: is it legal?
First things first, lets talk about its legitimacy.
For many traders, copy trading might seem unethical. But some people who want to make the profits might also think that it is too good to be true.
There must be a catch, right? Obviously! If we are talking about the trading opportunity, all financial instruments and strategies should also come with certain risks.
Although you copy from the most successful traders, theres still a chance to lose your money somehow. The profits are not guaranteed. Every unpredictable thing can happen in the financial markets and most of the time we can not avoid it.
If you are questioning about the copy trading legitimacy, you can rest assured that it is legit. But you will want to make sure that you are working with the trustworthy copy trading platforms which have good fee structures and incredible services.
If we are talking about the legality, then YES it is completely legal, although there are restrictions in some countries.
It is also crucial to know that not all online trading brokerages can legally offer copy trading services for their clients.
Beware some trading brokerages operate copy trade platforms without a license.
Make sure that the trading brokerages you choose for copy trading have licenses which are regulated by your government or a major European country like the UK or Germany.
There are some regulatory authorities which can authorize the copy trading brokerages such as FCA, CySEC, SEC, CFTC, and so on.
Each country might have different regulatory authorities. The reason why you must see their licenses is to protect you from getting scammed or frauded.
The regulatory authorities which we mentioned above are highly reputable. They will not let the self-proclaimed brokerages slide easily if there is any violation or mishap.
So, it does not hurt to seek the licensed brokerage for copy trading which has the licenses issued by these authorities.
Copy Trading Perks
Copy trading has an enormous number of perks. The copy trading is a simple system for the traders with less to zero experience.
If you have just started, copy trading can be one of the best choices for you to make good money from trading.
Instead of learning how to trade and spend hours for it, you could select the signal provider and copy their successful trading strategy. You can sit back after copying the trading.
It is also a great way to make passive income. The signal provider will help you to grow your capital. And the best of it, you do not even need to put a lot of effort in it.
Do understand that as with any investment you may lose money as well as profit. Educate yourself and be aware of the risks.
We have conducted extensive research and analysis on over multiple data points on Is Copy Trading Legal to present you with a comprehensive guide that can help you find the most suitable Is Copy Trading Legal. Below we shortlist what we think are the best Copy Trading Brokers after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Is Copy Trading Legal.
Reputable Is Copy Trading Legal Checklist
Selecting a reliable and reputable online Copy Trading 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 Trading Brokers more confidently.
Selecting the right online Copy Trading Brokers trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
- Ensure your chosen Copy Trading Brokers broker has a solid track record of at least two years in the industry.
- Verify that the Copy Trading Brokers broker has a customer support team of at least 15 members responsive to queries and concerns.
- Check if the Copy Trading Brokers broker operates under the regulatory framework of a jurisdiction that can hold it accountable for any misconduct or resolve disputes fairly and impartially.
- Ensure that the Copy Trading Brokers broker can process deposits and withdrawals within two to three days, which is crucial when you need to access your funds quickly.
- Look for Copy Trading Brokers brokers with an international presence in multiple countries, offering its clients local seminars and training programs.
- Ensure the Copy Trading Brokers broker can hire staff from diverse locations worldwide who can communicate fluently in your local language.
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 Brokers in Our Brokerage Comparison Table
When choosing a broker for Copy Trading Brokers trading, it's essential to compare the different options available to you. Our Copy Trading Brokers brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
- Minimum deposit requirement for opening an account with each Copy Trading Brokers broker.
- The funding methods available for Copy Trading Brokers with each broker.
- The types of instruments you can trade with each Copy Trading Brokers broker, such as forex, stocks, commodities, and indices.
- The trading platforms each Copy Trading Brokers broker provides, including their features, ease of use, and compatibility with your devices.
- The spread type (if applicable) for each Copy Trading Brokers broker affects the cost of trading.
- The level of customer support each Copy Trading Brokers broker offers, including their availability, responsiveness, and quality of service.
- Whether each Copy Trading Brokers broker offers Micro, Standard, VIP, or Islamic accounts to suit your trading style and preferences.
By comparing these essential features, you can choose a Copy Trading Brokers broker that best suits your needs and preferences for Copy Trading Brokers. Our Copy Trading Brokers broker comparison table simplifies the process, allowing you to make a more informed decision.
Top 15 Copy Trading Brokers of 2024 compared
Here are the top Copy Trading Brokers.
Compare Copy Trading Brokers brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Copy Trading Brokers broker, it's crucial to compare several factors to choose the right one for your Copy Trading Brokers needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Copy Trading Brokers. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Copy Trading Brokers that accept Copy Trading Brokers 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 |
|
|
|
|
|
|
|
|
|
|
|
| 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 |
|
|
|
|
|
|
|
|
|
|
|
| Accounts |
|
|
|
|
|
|
|
|
|
|
|
| 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 |
|
|
|
|
|
|
|
|
|
|
|
| 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. | 74-89 % 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 Brokers in more detail
You can compare Copy Trading 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 Trading Brokers for 2024 article further below. You can see it now by clicking here
We have listed top Copy Trading Brokers below.
Is Copy Trading Legal Table of Contents
- Is Copy Trading Legal Explained
- 6 Factors to Consider when Choosing Is Copy Trading Legal
- Are Your Is Copy Trading Legal Trusted And Established?
- Are The Is Copy Trading Legal World Leading?
- What are the Is Copy Trading Legal Commissions and Fees?
- What are the Is Copy Trading Legal Funding and Withdrawl Methods?
- Find Is Copy Trading Legal with Round-the-clock support?
- Make sure the Is Copy Trading Legal Offer Comprehensive Trader resources?
- Why Is Copy Trading Legal needs to be regulated?
- Is Copy Trading Legal FAQ
- What are the best Copy Trading Brokers brokers?
- What is the best Copy Trading B broker?
- Related Is Copy Trading Legal Reviews
- Related Is Copy Trading Legal Alternatives
- Related Is Copy Trading Legal Comparisons
Is Copy Trading Legal Explained
Trading volatile financial markets with Is Copy Trading Legal can be challenging, even for experienced traders. In addition to the online educational resources available, traders should consider the platform offered by Is Copy Trading Legal to ensure a successful trading experience.
Selecting Is Copy Trading Legal at the forefront of innovation and considered an industry leader is crucial. Doing so will ensure you are equipped with the tools and features to navigate volatile Is Copy Trading Legal markets effectively.
Reliability is key to gaining access to financial markets. Look for Is Copy Trading Legal that you can rely on to provide a stable and secure trading environment, allowing you to execute trades with Is Copy Trading Legal confidently.
6 Factors to Consider when Choosing Is Copy Trading Legal
Follow these five rules for selecting Is Copy Trading Legal that are right for you:
Are Your Is Copy Trading Legal Trusted And Established?
Search for a reputable Is Copy Trading Legal with a extensive proven track record for Is Copy Trading Legal, enabling you to focus solely on implementing your trading strategy and navigating the markets with confidence. The top rated Is Copy Trading Legal broker is IC Markets. Established in 2007, and in operation for 12 years IC Markets have a head office in Australia.
IC Markets is regulated. This means IC Markets are supervised by and is checked for conduct by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
Another top rated broker is eToro.
eToro was established 2007, and in operation for 14 years eToro have a head office in Cyprus, UK.
eToro is regulated. This means eToro are supervised by and is checked for conduct by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
| Broker |
IC Markets
|
eToro
|
Pepperstone
|
AvaTrade
|
FP Markets
|
FXPrimus
|
forexmart
|
coinbase
|
|---|---|---|---|---|---|---|---|---|
| Year Established | 2007 | 2007 | 2010 | 2006 | 2005 | 2009 | 2015 | 1989 |
| Head Office | Australia | Cyprus, UK | Australia | Ireland | Australia | Cyprus | Cyprus | United States |
| 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) |
| Used By | 180,000+ | 30,000,000+ | 400,000+ | 300,000+ | 10,000+ | 10,000+ | 10,000+ | 10,000+ |
| Negative balance protection | Yes | Yes | Yes | Yes | Yes | Yes | Yes | |
| Guaranteed Stop Loss | No | No | No | No | No | No | Yes but 10% | |
| Learn More | Visit IC Markets | Visit eToro | Visit Pepperstone | Visit AvaTrade | Visit FP Markets | Visit FXPrimus | Visit ForexMart | Visit Coinbase |
| Risk Warning | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. | 74-89 % 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 |
Are The Is Copy Trading Legal World Leading?
Opt for Is Copy Trading Legal that set themselves apart as an industry leader by actively embracing innovation. Take IC Markets as an example, which is renowned for Segregates clients funds and boasts an extensive array of 2250 tradable instruments. Moreover, IC Markets caters to the needs of its clients with both an online trading platform and a mobile application, making it incredibly convenient to access the markets from anywhere, at any time.
In addition, the IC Markets platform enables access to a variety of financial markets worldwide. IC Markets is a world-leader when it comes to innovation and they are always looking at ways to improve and to maintain their competitive advantage.
Another good choice when looking for Is Copy Trading Legal is eToro. eToro Segregates clients funds and offers over 5000 instruments.
| Broker |
IC Markets
|
eToro
|
Pepperstone
|
AvaTrade
|
FP Markets
|
FXPrimus
|
forexmart
|
coinbase
|
|---|---|---|---|---|---|---|---|---|
| Instruments Available | 2250 | 5000 | 1200 | 1250 | 290 | 130 | 111 | 77 |
| 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, |
| 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, 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, MG, MK, 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 |
| Forex pairs offered | 61 | 50 | 70 | 55 | 70 | 45 | 100 | |
| Forex pairs offered | 61 | 50 | 70 | 55 | 70 | 45 | 100 | |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | No | No |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | No | No |
| Cryptocurrencies (availability subject to regulation) | Yes | Yes | Yes | Yes | Yes | No | Yes | Yes |
| Commodities Offered | 20 | 31 | 16 | 17 | 18 | 0 | 0 | 0 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No |
| Energies | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No |
| Agricultural | Yes | Yes | Yes | Yes | Yes | No | Yes | No |
| Stocks Offered | 2100 | 2042 | 1100 | 1000 | 10000 | 60 | 53 | |
| UK Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No |
| US Shares | Yes | Yes | Yes | Yes | Yes | Yes | No | No |
| German Shares | Yes | Yes | Yes | Yes | Yes | No | No | No |
| Japanese Shares | Yes | Yes | Yes | Yes | Yes | No | No | No |
What are the Is Copy Trading Legal Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated Is Copy Trading Legal broker IC Markets offers competitive offers for Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200.
Another top rated Is Copy Trading Legal broker eToro offers Social Trading, Stocks, Commodities, Indices, Forex (Currencies), CFDs, Cryptocurrency, Exchange Traded Funds (ETF), Index Based Funds. eToro minimum deposit is 100. Please note that any cryptocurrency availability with any broker is subject to regulation.
| Broker |
IC Markets
|
eToro
|
Pepperstone
|
AvaTrade
|
FP Markets
|
FXPrimus
|
forexmart
|
coinbase
|
|---|---|---|---|---|---|---|---|---|
| Min Deposit | 200 | 100 | 200 | 100 | 100 | 100 | 1 | 100 |
| Withdrawl Fees | No | Yes | No | No | No | Varies | 5 | Varies |
| Inactivity Fees | No | Yes | No | No | No | No | No | |
| Deposit Fees | Varies | No | No | No | Yes | Varies | Yes | |
| CFD Commission Fees | Yes | Yes | Yes | No | Yes | No | Yes |
What are the Is Copy Trading Legal Funding and Withdrawal Methods?
Efficient and hassle-free funding and withdrawal facilities can significantly improve your overall trading experience when dealing with Is Copy Trading Legal. It streamlines the trading process and helps you focus on making informed decisions rather than worrying about deposit and withdrawal matters with Is Copy Trading Legal.
| Broker |
IC Markets
|
eToro
|
Pepperstone
|
AvaTrade
|
FP Markets
|
FXPrimus
|
forexmart
|
coinbase
|
|---|---|---|---|---|---|---|---|---|
| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No |
| Paypal | Yes | Yes | Yes | Yes | Yes | No | No | No |
| Skrill | Yes | Yes | Yes | No | Yes | No | Yes | No |
| Payoneer | No | No | Yes | Yes | No | Yes | No | No |
| Neteller | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No |
Find Is Copy Trading Legal with Round-the-clock support?
Effective customer service is an essential factor to consider when dealing with Is Copy Trading Legal.
Is Copy Trading Legal customer service entails various support services to aid customers in making the most cost-effective and appropriate use of the brokers' services.
The customer support options offered by Is Copy Trading Legal can include phone answering services, live chat support, and email customer service support.
IC Markets support a wide range of languages including English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
eToro support a wide range of languages including English, German, Spanish, French, Italian
IC Markets and eToro offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
IC Markets
|
eToro
|
Pepperstone
|
AvaTrade
|
FP Markets
|
FXPrimus
|
forexmart
|
coinbase
|
|---|---|---|---|---|---|---|---|---|
| Support |
|
|
|
|
|
|
|
|
| Languages | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, German, Spanish, French, Italian | English, Spanish, Portuguese, Thai, Russian, Italian, French, German, Polish, Chinese, Vietnamese, and Arabic | Arabic, Simplified Chinese, Traditional Chinese, Dutch, English, Finnish, French, German, Hungarian, Italian, Indonesian, Japanese, Mongolian, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Malay, Korean and Turkish | English, Arabic, Indonesian, Italian, Spanish, French, Russian, Chinese, Japanese, German, Portuguese, Thai, French, Malay, Greek, Vietnamese, Romanian, Turkish, Slovenian, Dutch, Polish, Finnish, Norwegian, Swedish, Serbian, Lithuanian, Hungarian, Galician, Estonian, Danish, Czech, Croatian, Bulgarian, Basque | English, Spanish, Indonesian, Chinese, Thai, Vietnamese, Hungarian, and Malaysian | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian |
| Learn More | Visit IC Markets | Visit eToro | Visit Pepperstone | Visit AvaTrade | Visit FP Markets | Visit FXPrimus | Visit ForexMart | Visit Coinbase |
| Risk Warning | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. | 74-89 % 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 |
Make sure the Is Copy Trading Legal Offer Comprehensive Trader resources?
It's important to ensure your Is Copy Trading Legal provide complimentary resources such as analysis, education, and risk management tools. IC Markets and eToro collaborate with top analysts to bring the most up-to-date news and insights to traders.
Sound risk and money management are vital to financial market navigation with Is Copy Trading Legal. However, selecting the best broker to access the markets is a critical step that traders should not overlook as they embark on trading live financial markets with Is Copy Trading Legal.
Why Is Copy Trading Legal needs to be regulated?
Regulated Is Copy Trading Legal lowers your risk of loss of deposited trading funds.
Lowering your risk is one of the benefits of working with a properly regulated Is Copy Trading Legal.
Consumers are protected by Is Copy Trading Legal regulation, critical to preventing inadequate services and potential financial harm.
Regulation of Is Copy Trading Legal is necessary to prevent fraud. The Is Copy Trading Legal working capital and client-funded accounts must be kept separate to avoid conducting business with client funds. Any fraudulent behaviour with Is Copy Trading Legal is monitored by financial regulators in the jurisdictions brokers are allowed to operate.
Is Copy Trading Legal List
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, AndroidCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
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.
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account Pro Account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, cTrader, IRESS, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4,WEB,desktopCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
iPhone/iPad,iOS,Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Desktop,Android,iPhone/iPad,MacCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mac, Mirror Trader, Binary, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader,Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Learn more
Losses can exceed deposits
Losses can exceed deposits