Is Copy Trading Legal Guide
Updated October 25, 2021
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've collected thousands of datapoints and written a guide to help you find the best Is Copy Trading Legal for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best Copy Trading Brokers below.
Reputable Is Copy Trading Legal Checklist
There are a number of important factors to consider when picking an online Copy Trading Brokers trading brokerage.
- Check your Copy Trading Brokers broker has a history of at least 2 years.
- Check your Copy Trading Brokers broker has a reasonable sized customer support of at least 15.
- Does the Copy Trading Brokers broker fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
- Check your Copy Trading Brokers broker has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
- Does your Copy Trading Brokers broker have an international presence in multiple countries. This includes local seminar presentations and training.
- Make sure your Copy Trading Brokers can hire people from various locations in the world who can better communicate 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.
Our brokerage comparison table below allows you to compare the below features for brokers offering Copy Trading Brokers.
We compare these features to make it easier for you to make a more informed choice.
- Minimum deposit to open an account.
- Available funding methods for the below Copy Trading Brokers.
- What you are able to trade with each brokerage.
- Trading Platforms offered by these brokers.
- Spread type (if applicable) for each brokerage.
- Customer support levels offered.
- We show if each brokerage offers Micro, Standard, VIP and Islamic accounts.
Top 15 Copy Trading Brokers of 2021 compared
Here are the top Copy Trading Brokers.
Compare Copy Trading Brokers min deposits, regulation, headquarters, benefits, funding methods and fees 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 |
eToro
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IC Markets
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AvaTrade
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Pepperstone
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FXPrimus
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Axitrader
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Swissquote
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forexmart
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phoenixmarkets
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ezinvest
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ETX Capital
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| Rating | |||||||||||
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI) | 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 | Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA) | Financial Conduct Authority (FCA) | Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA) |
| Min Deposit | 50 | 200 | 250 | 200 | 100 | No minimum deposit | 1000 | 1 | 500 | 500 | 100 |
| Funding |
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| Used By | 20,000,000+ | 180,000+ | 200,000+ | 89,000+ | 10,000+ | 10,000+ | 300,000+ | 10,000+ | 10,000+ | 10,000+ | 10,000+ |
| Benefits |
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| Platforms | Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, Mac, ZuluTrade, Web Trader, Tablet & Mobile apps | MT4, MT5, ZuluTrade, Web Trader, Tablet & Mobile apps | MT4,WEB,desktop | MT4,mac,Android.iPhone/iPad | MT4,mac,Android.iPhone/iPad | MT4, Mac, Mirror Trader, Binary, Tablet & Mobile apps |
| Support |
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| Learn More |
Sign
Up with etoro |
Sign
Up with icmarkets |
Sign
Up with avatrade |
Sign
Up with pepperstone |
Sign
Up with fxprimus |
Sign
Up with axitrader |
Sign
Up with swissquote |
Sign
Up with forexmart |
Sign
Up with phoenixmarkets |
Sign
Up with ezinvest |
Sign
Up with etxcapital |
| Risk Warning | 67% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | 72% of retail investor accounts lose money when trading CFDs with this provider | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% 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 | Losses can exceed deposits | 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 |
| Demo |
eToro Demo |
IC Markets Demo |
AvaTrade Demo |
Pepperstone Demo |
FXPrimus Demo |
Axitrader Demo |
Swissquote Demo |
ForexMart Demo |
Phoenix Markets Demo |
EZINVEST Demo |
ETX Capital Demo |
| Excluded Countries | ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, 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, US, PY, HN, GT, PR, NI, VG, AN, | 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 | BE, BR, KP, NZ, TR, US, CA, SG | BR, KR, IR, IQ, SY, JP, US | AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. | US, JP | US | 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 | US, BE, CA , SG, BE |
eToro Risk Disclosure
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.
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 2021 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 the financial markets with Is Copy Trading Legal when conditions are volatile can be difficult, even for experienced traders.
Apart from the educational and other resources made available online, another important factor for traders to consider when looking for Is Copy Trading Legal is the platform that a Is Copy Trading Legal offer.
Choose Is Copy Trading Legal that's at the forefront of innovation and generally considered an industry-leader.
To gain access to the financial markets, you'll need Is Copy Trading Legal that you can rely on.
6 Factors to Consider when Choosing Is Copy Trading Legal
Follow these five rules for selecting a broker that's right for you:
Are Your Is Copy Trading Legal Trusted And Established?
Look for a broker that has a good track record/longevity in the market so that your strategy is your primary concern for navigating the markets. The top rated Is Copy Trading Legal broker is eToro. Established in 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 Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) regulatory bodies.
Another top rated broker is IC Markets.
IC Markets was established 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 Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) regulatory bodies.
| Broker |
eToro
|
IC Markets
|
AvaTrade
|
Pepperstone
|
FXPrimus
|
Axitrader
|
| Year Established | 2007 | 2007 | 2006 | 2010 | 2009 | 2007 |
| Head Office | Cyprus, UK | Australia | The British Virgin Islands | Australia | Cyprus | Australia |
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI) | 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 | Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA) |
| Used By | 20,000,000+ | 180,000+ | 200,000+ | 89,000+ | 10,000+ | 10,000+ |
| Negative balance protection | Yes | Yes | No | Yes | No | No |
| Guaranteed Stop Loss | No | No | No | No | No | No |
| Learn More | Visit eToro | Visit IC Markets | Visit AvaTrade | Visit Pepperstone | Visit FXPrimus | Visit Axitrader |
| Risk Warning | 67% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | 72% of retail investor accounts lose money when trading CFDs with this provider | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% 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 | Losses can exceed deposits | Losses can exceed deposits |
Are The Is Copy Trading Legal World Leading?
Choose a broker that's at the forefront of innovation and generally considered an industry-leader. eToro Segregates clients funds and offers over 2000 instruments. eToro offers both an online trading platform as well as a mobile platform giving clients easy access to markets.
In addition, the eToro platform enables access to a variety of financial markets worldwide. eToro 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 IC Markets . IC Markets Segregates clients funds and offers over 232 instruments.
| Broker |
eToro
|
IC Markets
|
AvaTrade
|
Pepperstone
|
FXPrimus
|
Axitrader
|
| Instruments Available | 2000 | 232 | 1000 | 100 | 130 | 100 |
| Platforms | Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, Mac, ZuluTrade, Web Trader, Tablet & Mobile apps |
| Excluded Countries | IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, 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, US, PY, HN, GT, PR, NI, VG, AN, | US | BE, BR, KP, NZ, TR, US, CA, SG | BR, KR, IR, IQ, SY, JP,US | AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR,US, AU, SY, DZ, JP, EC. | US, JP |
| Forex pairs offered | 50 | 65 | 80 | 70 | 45 | 100 |
| Forex pairs offered | 50 | 65 | 80 | 70 | 45 | 100 |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Cryptocurrencies (availability subject to regulation) | Yes | Yes | Yes | Yes | No | Yes |
| Commodities Offered | 31 | 19 | 16 | 16 | 0 | 20 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes | Yes | Yes | Yes |
| Agricultural | Yes | Yes | Yes | No | No | Yes |
| Stocks Offered | 2042 | 110 | 99 | 60 | 60 | 1000 |
| UK Shares | Yes | Yes | Yes | No | Yes | Yes |
| US Shares | Yes | Yes | Yes | No | Yes | Yes |
| German Shares | Yes | Yes | Yes | Yes | No | Yes |
| Japanese Shares | Yes | Yes | Yes | No | No | Yes |
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 eToro offers competitive offers for Stocks, Commodities, Forex, CFDs, Social Trading, Indices, Cryptocurrency, Index Based Funds, Exchange Traded Funds (ETF). eToro minimum deposit is 50.
Another top rated Is Copy Trading Legal broker IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200. Please note that any cryptocurrency availability with any broker is subject to regulation.
| Broker |
eToro
|
IC Markets
|
AvaTrade
|
Pepperstone
|
FXPrimus
|
Axitrader
|
| Min Deposit | 50 | 200 | 250 | 200 | 100 | 0 |
| Withdrawl Fees | Yes | No | No | No | Varies | Varies |
| Inactivity Fees | Yes | No | No | Yes | No | No |
| Deposit Fees | No | Varies | No | No | Varies | Varies |
| CFD Commission Fees | Yes | Yes | No | Yes | No | Yes |
What are the Is Copy Trading Legal Funding and Withdrawal Methods?
When dealing with Is Copy Trading Legal having convenient funding and withdrawl facilities makes the trading process and your trading experience smoother.
| Broker |
eToro
|
IC Markets
|
AvaTrade
|
Pepperstone
|
FXPrimus
|
Axitrader
|
| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes |
| Paypal | Yes | Yes | Yes | Yes | No | No |
| Skrill | Yes | Yes | No | Yes | No | No |
| Payoneer | No | No | Yes | Yes | Yes | Yes |
| Neteller | Yes | Yes | Yes | Yes | Yes | Yes |
Find Is Copy Trading Legal with Round-the-clock support?
Customer service is very important when dealing with Is Copy Trading Legal.
When investing and dealing with brokers customer support can be a range of customer services to assist customers in making cost effective and correct use the brokers services. It can include assistance in installation, training, troubleshooting, upgrading, and cancelation of a product or service.
Is Copy Trading Legal customer support can include Phone answering services, Live chat support and Email customer service support.
eToro support a wide range of languages including English, German, Spanish, French, Italian
IC Markets support a wide range of languages including English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
eToro and IC Markets offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
eToro
|
IC Markets
|
AvaTrade
|
Pepperstone
|
FXPrimus
|
Axitrader
|
| Support |
|
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|
| Languages | English, German, Spanish, French, Italian | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Italian, German, French, Greek, and Hebrew | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, Spanish, Indonesian, Chinese, Thai, Vietnamese, Hungarian, and Malaysian | English, Chinese, Spanish, German, Japanese, Russian, Romanian, and Arabic |
| Learn More | Visit eToro | Visit IC Markets | Visit AvaTrade | Visit Pepperstone | Visit FXPrimus | Visit Axitrader |
| Risk Warning | 67% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | 72% of retail investor accounts lose money when trading CFDs with this provider | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% 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 | Losses can exceed deposits | Losses can exceed deposits |
Make sure the Is Copy Trading Legal Offer Comprehensive Trader resources?
Make sure your broker offers free resources like analysis, education and risk-management tools. With a wealth of knowledge from top analysts, eToro and IC Markets work together to bring the latest news and insights to traders.
For most traders, the first – and sometimes only – concern is pursuing their 'edge'. While that is surely important, along with sound money management habits, to navigating the markets; that step alone does not represent the full preparation. As each trader dives into this important venture, it is important not to forget the most rudimentary yet crucial steps such as selecting the best broker to access the markets.
Why Is Copy Trading Legal needs to be regulated?
A regulated Is Copy Trading Legal broker lowers your risk.
Broker regulation protects consumers. Too little broker regulation can lead to poor services and possibly financial harm.
Is Copy Trading Legal brokers are regulated to stop fraud. The agent's working capital and clients funded account have to be separated. This amounts to fraud if client money is used to conduct the business. Regulation is required to make sure this does not happen.
Is Copy Trading Legal List
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.
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, MacCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic 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 Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mac, ZuluTrade, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, ZuluTrade, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic 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 Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4,mac,Android.iPhone/iPadCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4,mac,Android.iPhone/iPadCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
