We found 11 online brokers that are appropriate for Trading Trade Copy Investment Platforms.
Copy trading is a great tool for beginner investors to use. It is a feature that was created in around 2005 with the raise of algorithmic trading. The first trading platform that allowed users to perform copy trading was Mirror Trade. The idea was for investors to be able to copy each other’s trades. You could copy other trader’s strategies, their stop loss levels, or their take profit levels. After 2010, and a rise in the number of online brokers, such features were further popularised. Today, there is significant interest in copy trading among retail investors.
Some forms of copy trading revolve around logic copying. A trader might copy the investment amount, or any detail of the trading strategy. On the other hand, you might invest different amounts of funds, and you choose your stop losses and take profits. There is a variety of ways that a retail trader can organise copy trading. They can copy a trading strategy, or can use a given signal to trade. This way, retail traders possess more control over their actions, and they can obtain a stronger grip over their financial positions.
Social trading as a brokerage feature has been popularised by the eToro trading platform. eToro does not charge management fees on a users account, and users can choose among a variety of traders and strategies from its popular investor programme. The growth in this form of investing has given rise to an abundance of social networks of investors as well as social trading. With eToro, this process is very smooth: you sign up, search for a trader that you want to copy, deposit your funds, and click copy. The system will start replicating that trader’s positions in your portfolio and you will execute the same open positions.
This also allows users to connect with each other within the platform. They are able to interact and be part of different group chats, and view a ranking of the most popular traders based on their performance and followers. In 2019, the top 50 traders of eToro yielded an average return of 29.1%.
In a 2012 study at MIT, researchers found that social trading and following the guiding light of other investors yielded a better return for retail traders compared to the financial average return. They outperformed the average investor by 6 to 10 percent more profit. There have been other studies that try to optimise the process of social trading, and scientists are attempting to find the best ways in which to make this phenomenon more profitable and as well as widely acceptable. However, some researchers have discovered a few adverse effects of copy trading and signal trading.
It is known that for some traders, upon receiving profitable trade signals, greed takes over. These types of investors invest more and more money into their assets and face increased financial risk. This is increasingly detrimental over the long term: to be a successful investor, one of the main skills needed is to be able to manage risk. The typical risks traders incur tend to further grow with copy trading when people directly copy the trades of others.
The rise of copy trading has drawn some industry controversy. In essence, platforms that allow copy trading indirectly serve as an investor's portfolio manager. The FCA has made claims that this in fact creates an environment of unregulated portfolio managers. The FCA has reached out to platforms to advise them on the correct steps they should take in order to operate ethically as copy trading platforms. It is imperative to have such regulation, as there are millions of users who put their money into the hands of such platforms. It is necessary that copy trading platforms operate with credibility and take the proper steps to manage their customers funds and inform them of any risks they might face.
eToro has popularised social trading and it is a strategy set to grow further. The platform offers a robust and simple platform through which users can engage in copy trading, but it is imperative that retail investors are aware of the risks that they might face when engaging in this form of social trading. Although it is easy to copy another trader’s ideas, investors should not forget that is their money at stake. Be responsible, and happy trading!
We have conducted extensive research and analysis on over multiple data points on Trade Copy to present you with a comprehensive guide that can help you find the most suitable Trade Copy. Below we shortlist what we think are the best Trade Copy Investment Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Trade Copy.
Selecting a reliable and reputable online Trade Copy Investment Platforms 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 Trade Copy Investment Platforms more confidently.
Selecting the right online Trade Copy Investment Platforms trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for Trade Copy Investment Platforms trading, it's essential to compare the different options available to you. Our Trade Copy Investment Platforms 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 Trade Copy Investment Platforms broker that best suits your needs and preferences for Trade Copy Investment Platforms. Our Trade Copy Investment Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Trade Copy Investment Platforms.
Compare Trade Copy Investment Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Trade Copy Investment Platforms broker, it's crucial to compare several factors to choose the right one for your Trade Copy Investment Platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Trade Copy Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Trade Copy Investment Platforms that accept Trade Copy Investment Platforms clients.
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IC Markets
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Roboforex
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eToro
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XM
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XTB
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AvaTrade
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Pepperstone
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Trading212
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FP Markets
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EasyMarkets
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SpreadEx
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Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) Etoro (Europe) Limited FCA reference 523775, eToro (UK) Ltd FCA reference 583263, ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), MiFID (Markets In Financial Instruments Directive), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | 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 | 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) Firm reference number 609146, Financial Supervision Commission (FSC), Cyprus Securities and Exchange Commission (CySec) License number 398/21 | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926) | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) | Financial Conduct Authority (FCA) |
Min Deposit | 200 | 10 | 50 | 5 | No minimum deposit | 100 | 200 | 1 | 100 | 100 | 1 |
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Used By | 180,000+ | 1,000,000+ | 30,000,000+ | 3,500,000+ | 581,000+ | 300,000+ | 400,000+ | 15,000,000+ | 10,000+ | 142,500+ | 10,000+ |
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Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, 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 | Web Trader, Tablet & Mobile apps | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
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Learn More |
Sign
Up with icmarkets |
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Up with roboforex |
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Up with etoro |
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Up with xm |
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Up with xtb |
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Up with avatrade |
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Up with pepperstone |
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Up with trading212 |
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Up with fpmarkets |
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Up with easymarkets |
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Up with spreadex |
Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 74% 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. 75.33% 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. | 81% 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. | 71% of retail investor accounts lose money when trading CFDs with this provider | 74-89 % of retail investor accounts lose money when trading CFDs | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% 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 | Your capital is at risk | Losses can exceed deposits |
Demo |
IC Markets Demo |
Roboforex Demo |
eToro Demo |
XM Demo |
XTB Demo |
AvaTrade Demo |
Pepperstone Demo |
Trading 212 Demo |
FP Markets Demo |
easyMarkets Demo |
SpreadEx Demo |
Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, UA, JO, KR, | US, CA, IL, KR, IR, MM, CU, SD, SY | US, IN, PK, BD, NG , ID, BE, AU | 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, ES, YE, ZW, ET | US, CA | US, JP, NZ | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, TR |
You can compare Trade Copy 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 Trade Copy Investment Platforms for 2023 article further below. You can see it now by clicking here
We have listed top Trade Copy 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. 74% 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.
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.