In this guide, we will compare the best copy trading platforms in the market and see how they stack up against each other.
Copy trading platforms allow investors to mirror the trades and positions of seasoned professionals. This means the investor’s portfolio will mirror a professional trader’s investment. This allows beginners a convenient avenue into trading and also enables a passive trading experience. However, selecting a copy trading platform could be complex with the sheer number of options available.
Best Copy Trading Platforms 2025
Here is our list of the best copy trading platforms of 2025.
- eToro – Overall, the best copy trading platform
- Axi – Highly popular and award-winning platform that offers copy trading
- AvaTrade – Regulated CFD platform supporting Copy Trading accounts
- Bitget – Growing crypto exchange offering copy trading
- NAGA – Highly user-friendly social trading platform
- ZuluTrade – Top copy trading platform offering customizable tools
- MetaTrader 4 – An advanced third-party platform with copy trading tools
- cTrader – Excellent copy trading platform for free strategies
- ICONOMI – Copy platform allows users to copy crypto trade strategies
- Plus500 – Highly trusted platform that offers copy trading
What Is Copy Trading?
Before we start comparing the best copy trading platforms, it is important to understand copy trading. Copy trading is an innovative concept allowing users to copy trades of experienced traders. This means you can trade financial markets without requiring research regarding placing orders. Instead, whatever trades the trader invests in and executes will be mirrored in your portfolio.
The underlying fundamentals surrounding copy trading depend on the chosen platform. However, let’s look at a general example of how it works to help ease the confusion. In this example, we will go with eToro as the chosen platform.
Let’s assume a user has signed up on eToro and decides to invest $2000 into a successful stock trader. The trader allocates 25% of their portfolio towards the purchase of Amazon stock.
The user will automatically invest in Amazon, staking $500 (25% of $2000). After a few weeks, the trader sells their Amazon stock, making a profit of 20%. This will be mirrored in the user’s portfolio, giving them a profit of $100 (20% of $500). This example demonstrates how the user was able to trade Amazon stock without having to put in any work. As a result, copy trading is an entirely passive trading and investing experience.
We chose eToro in our example because it offers a variety of filters and because we believe it to be the best social trading platform. eToro users can find suitable traders by checking their historical ROI, assigned risk rating, or preferred asset class. Other metrics include the trader’s average trade duration and the maximum weekly and monthly drawdown.
An essential factor to remember when selecting the best copy trading platform is that some offer an all-in-one service. Meanwhile, some platforms require third-party integration. eToro is safe and regulated broker, meaning its copy trading feature can be accessed directly from the platform.
Best Copy Trading Platforms Reviewed
Now that we have created our list of the best copy trading platforms let’s examine each in more detail. When choosing the best copy trading platform, you may need to ensure there is a large pool of traders to choose from. You must also explore the fees that apply when copying a trader.
You will also have to determine if there is a minimum investment requirement and the asset classes supported.
Let’s begin with our guide on the best copy trading platforms.
1. eToro – Overall the best copy trading platform
eToro is the first choice for the best copy trading platform in the market compared to others on our list. The platform has thousands of verified traders that users can copy at the click of a button. This means there is an investor for almost every financial goal.
The minimum amount to be allocated to each trader is $200. There are no additional fees to copy a trader, meaning engaging in any profit-sharing arrangement is not required. The platform also offers several filters, making finding a suitable trader simple.
Users can search for traders based on historical trading results, assigned risk ratings, maximum drawdown, preferred asset class, and more. When a trader is selected and position confirmed, future trades will be mirrored in the user’s portfolio. This means users can trade passively through eToro’s copy trading. The platform’s copy trading tools also help create a strategy tailored towards trend trading.
Supported Assets And Commissions
Users can also add and remove assets from their portfolios and stop copying the trader at any time. The platform supports several assets, such as stocks and ETFs from the US and international markets. eToro users can also invest in crypto, indices, forex, and commodities.
eToro does not charge commissions on stocks and ETFs. Other assets on the platform have competitive fees. The minimum deposit to get started with the platform is just $10 for users based in the US. Payments in USD also don’t attract any deposit or withdrawal fees.
Additionally, the platform supports several payment options. These include debit and credit cards, e-wallets, and bank transfers.
eToro also offers users a virtual portfolio with $100,000 in paper funds. This allows users to test their strategies and copy trading features before risking real capital. The eToro crypto trading app is also one of the best copy trading apps on iOS and Android. The app allows users to look for new copy traders and check their positions on the go.
eToro Social Trading
Besides its copy trading tool, eToro also offers a social trading platform. eToro users can publish their thoughts on a particular asset. Other users and traders can comment on or “like” the post. They can also follow other traders and like-minded individuals.
Apart from being one of the best copy trading platforms, eToro is also considered one of the best scalping brokers.
One of the most important factors in eToro’s favor is that FINRA and the SEC regulate it. Additionally, it is also regulated by ASIC, FCA, and CySEC. Creating an eToro account takes just minutes and includes the KYC process as well.
Fees | No additional fees for copy trading. |
Social Trading Tools | Yes |
Minimum Copy Trading Investment | $200 |
Supported Assets | ETFs, stocks, forex, crypto, indices, commodities. |
Pros & Cons Of eToro Copy Trading
- Users can interact, comment, and like messages from other traders
- A minimum copy trading investment of just $200
- Overall, it is the best copy trading platform
- A number of financial regulators regulate the platform
- Users can choose from thousands of verified brokers
- There are no additional or hidden fees when it comes to copy trading
- It supports a plethora of assets, including ETFs, stocks, crypto, forex, and commodities
- Does not support third-party platforms such as MetaTrader 4
2. Axi Trade – Popular and award-winning platform that offers copy trading
The next best copy trading platform to consider is Axi Trade. Axi allows beginners to achieve the same results as professionals through the copy trading feature. The top 50 traders on the platform have achieved at least 263% returns. The platform has selected the top-earning investors from which traders can copy and analyze results before committing financially.
Traders on Axi can customize searches for traders from whom they wish to copy. The platform offers copy trading for forex, shares, commodities, indices, precious metals, and oil trading. Copy trading means beginners do not need to undertake any risks, allowing them to manage risk by adjusting personal settings.
Axi is compatible with the MT4 platform, and traders can also access copy trading through the Axi app available on Google Play. Traders must link their MT4 accounts to the Axi app to take advantage of copy trading.
The minimum amount recommended for copy trading is $250. However, traders can risk less should they choose. Traders can also copy simultaneous trades, but following a single trader and managing risk is advisable.
Fees And Features
Copy trading on Axi is free. However, some top investors charge subscription fees for copying trades. To supplement the copy trading feature, traders can use PsyQuation and AutoChartist. PsyQuation is an analytics platform that helps traders reduce their mistakes through performance analytics. Meanwhile, AutoChartist scans the market for specific trades and alerts traders of customized trade opportunities.
Fees | No hidden fees although some investors charge subscriptions. |
Social Trading Tools | Yes |
Minimum Copy Trading Investment | $250 |
Supported Assets | Share CFDs, precious metals, forex, indices, commodities |
Pros & Cons Of Axi
- Allows traders to set personal trade settings
- Free service
- Offers access to various markets
- The top 50 traders on the platform provide 263% returns
- The recommended deposit is $250, but traders can deposit less
- Filters traders to follow
- Top investors charge subscription fees
3. AvaTrade – Regulated CFD platform supporting Copy Trading accounts
The next provider to consider from our list of best copy trading platforms is AvaTrade. The AvaTrade copy broker specializes in contracts-for-differences (CFDs) across 1250 instruments.
The AvaTrade copy trading platform does not directly support copy trading but offers integration through third-party providers. This includes ZuluTrade and DupliTrade, which we will discuss shortly.
Both these third-party platforms allow users to copy trades of seasoned investors at the click of a button. If users wish to access these platforms through AvaTrade, they must open an account and deposit a minimum of $100. The user must select the preferred third-party provider and investor they wish to copy.
AvaTrade is suitable for traders who wish to combine copy trading with a personalized strategy. This is because it allows investors to buy and sell CFD instruments at 0% commission and competitive spreads.
Features And Supported Markets
AvaTrade supports forex trading, stocks, cryptocurrencies, and indices. Traders on the platform can also access leverage, with limits depending on their country of residence and the asset being traded. The platform also supports several payment methods, such as bank wire transfers and debit/credit cards.
Another benefit of AvaTrade is its support for MT4 and MT5. Both platforms offer traders access to many trading tools, charts, advanced order types, and technical indicators. AvaTrade also offers a dedicated app for both Android and iOS. This lets users keep tabs on open copy trading positions and place new orders.
Fees | 0% commission. However, third-party fees may apply. |
Social Trading Tools | No |
Minimum Copy Trading Investment | Depends on selected third-party |
Supported Assets | Depends on chosen third-party |
Pros & Cons Of AvaTrade
- AvaTrade is regulated by 8 licensing bodies
- Supports leverage and short-selling
- A minimum deposit of $100 with no transaction fees
- Has a top-rated mobile app
- Traders can open an account in minutes
- The platform connects to DupliTrade and ZuluTrade
- Offers only CFD instruments
- Does not support copy trading directly
4. Bitget – Growing crypto exchange offering copy trading
Bitget is the next provider in our list of best copy trading platforms. The platform was founded in 2018 and has made a name for itself in crypto. It has become one of the fastest-growing crypto exchanges, even signing Lionel Messi as the official ambassador.
Like most top exchanges, the platform supports copy trading and social trading, apart from spot and futures markets.
Bitget users can browse a list of the top 500 traders on the platform and choose to copy one or several of them. Currently, the top trader on the platform is followed by 1000 members and has an ROI in excess of 1500%. Apart from the trader’s ROI, the platform displays their total P&L.
Bitget aims to take the trader on a social trading journey and make it easy to copy trade. This includes a complete beginner’s guide to copy trading. Every step, from selecting a trader to setting up the desired parameters is intuitive.
The social trading platform is open to users in the United States and holds a US MSB license. FinCEN regulates it and also holds a Canadian MSB license. Apart from copy trading, you can boost profits on Bitget in several other ways.
This includes strategy trading, the use of trading bots, and an “Earn” feature. The “Earn” feature offers users staking rewards and other high-yield investments.
Fees | No fees on crypto. Trading fees vary based on trading activity. |
Social Trading Tools | Yes |
Minimum Copy Trading Investment | $200 |
Supported Assets | Over 550 cryptocurrencies and 650 trading pairs. |
Pros & Cons Of Bitget
- Offers demo accounts
- A wide range of crypto currencies on offer
- Copy trading
- Excellent customer support
- Fiat deposits and withdrawals are not available
- No educational materials
5. NAGA – Highly user-friendly social trading platform
The NAGA copy trading platform is a highly regulated online broker, meaning there is no requirement to open an account with a third-party platform to access copy trading tools. When traders engage in copy trading on NAGA, they are copying trades of professionals on the platform.
NAGA supports several markets, which include real stocks. The platform also supports CFDs covering crypto, forex, indices, commodities, and futures. This ensures that users can access a broad range of traders to copy.
Trading Fees
Trading fees on the platform depend on whether the position size is more than €10 or more. Positions below this will attract a fixed fee of €0.99 without any profit share. Positions above €10 also attract a fixed fee of €0.99 and a 5% profit share.
Users must also consider the trading fees, which depend on the underlying asset being traded. For example, traders can trade real stocks at a commission of €0.99 per slide.
The platform does not charge commissions when trading CFD markets like indices, forex, and commodities. Instead, the user must cover the spread. To get started on the platform, users must deposit a minimum of $250. The platform does not charge deposit fees, while supported payment methods include bank transfers and debit/credit cards.
The platform is also widely regarded as the best social trading platform to engage with other users. Users can see what other top-rated traders are doing in real time. They can also access market insights from select investors. Users can also share their successful trades on social media and comment on other posts.
Fees | €0.99 per trade, 5% commission on profitable trades above €10 |
Social Trading Tools | Yes |
Minimum Copy Trading Investment | $250 |
Supported Assets | CFDs include forex, indices, ETFs, commodities. Also supports real stocks. |
Pros & Cons Of NAGA
- Users own the underlying asset when social trading stocks
- Social features and real-time engagement with other users
- A commission of €0.99 each time a position is copied
- Not available in the US or UK
6. ZuluTrade – Top copy trading platform offering customizable tools
ZuluTrade is also one of the best copy trading platforms. The social trading platform has carved an excellent reputation for itself. Traders can access a user-friendly interface that appeals to beginners and experienced heads. Additionally, traders on ZuluTrade have access to a plethora of data while trading.
This data gives traders information about how each trader has performed since joining the platform. It also tells users which assets they should gain exposure to. ZuluTrade allows users to access a variety of customizable tools.
For example, the platform’s Automated trading tool enables users to set up stop-loss and take profit orders on the traders they copy.
This ensures that the user’s goals and risk tolerance are accounted for. ZuluTrade also offers a social trading network and a simulation tool, enabling users to test the performance of a particular trader. The platform supports several markets, such as stocks, cryptocurrencies, commodities, indices, and forex.
Fees
Fees depend on the type of account being opened. There are two account types that users can choose from. The first type is the classic account, which allows traders to engage in copy trading on a commission-free basis. However, traders will need to cover wider spreads. The second type of account is profit-sharing, which costs $30 per month.
The copy trading platform does not charge increased spreads or commissions. However, a share of profitable trades the copy trader makes is applicable. ZuluTrade also offers a dedicated social feed. ZuluTrade’s social feed operates like a social media platform where traders can post, like, comment, and interact with other traders.
Traders can also view and search trending hashtags and check which markets and assets are popular.
Fees | Classic accounts are free. Profit-sharing accounts are charged $30. |
Social Trading Tools | Yes. Dedicated social feed with posts, likes, and comments. |
Minimum Copy Trading Investment | Depends on Trader |
Supported Assets | Stocks, indices, forex, commodities, crypto |
Pros & Cons Of ZuluTrade
- Has an excellent social feed
- The platform’s classic account comes without any fees
- Supports several markets such as stocks, crypto, forex, indices, and commodities
- Only hosts a limited number of successful traders on the platform
- Needs to be transparent when it comes to commissions
7. MetaTrader 4 – An advanced third-party platform with copy trading tools
MetaTrader is one of the most popular third-party trading platforms in the world. The platform is ideal for more advanced traders who speculate on forex. The platform can be downloaded as desktop software and comes with a plethora of technical indicators and charting tools.
MetaTrader 4 also offers users copy trading, allowing them to mirror the positions of professional traders. A third party provides trading signals, and users can access information surrounding a specific strategy, maximum drawdown, historical ROI, and more.
Fees on MetaTrader 4 depend on the strategy creator and are charged monthly. This fee is typically between $20 and $40 per month. MT4 is not a typical broker, and traders must open an account with a suitable broker that supports the platform to access its features and services. One option here is AvaTrade, which offers 0% commission and access to over 1250 markets.
Fees | Depends on the strategy creator |
Social Trading Tools | No |
Minimum Copy Trading Investment | Depends on the third-party broker |
Supported Assets | Depends on the third-party broker |
Pros & Cons Of MetaTrader 4
- Offers a highly advanced trading suite
- It offers several trading strategies that can be copied via third parties
- Does not offer social trading features
- It’s not a traditional copy trading platform
8. cTrader – Excellent copy trading platform for free strategies
Like MT4, cTrader offers an advanced trading platform for professional traders. In a way, this makes it a direct competitor of MetaTrader 4. The platform covers indicators, custom orders, live pricing charts, and the ability to purchase copy strategies. All strategies on cTrader are created by third parties.
Many strategies come with a fee attached, but several are free of charge. The platform also offers a free demo trading facility where traders can test their strategies before implementing them in the real markets. They can also alter their strategies to suit their trading preferences.
Like MT4, cTrader does not directly offer brokerage services. This means traders using the platform must sign up with a regulated trading platform such as AvaTrade to access its features. This means the third-party platform and not cTrader determines all trading fees and commissions.
Fees | Free and paid for strategies are available. |
Social Trading Tools | No. However, there is a forum for registered users. |
Minimum Copy Trading Investment | Depends on third-party platform |
Supported Assets | Depends on third-party platform. |
Pros & Cons Of cTrader
- The platform offers several free trading strategies that can be copied
- The third-party platform is ideal for seasoned investors
- Offers a free demo stock trading facility
- The platform does not offer brokerage services
- Does not offer social trading tools
9. ICONOMI – Copy platform allows users to copy crypto trade strategies
The next broker on our list of best copy trading platforms is ICONOMI. The platform offers copy trading services to users to make cryptocurrencies accessible to anyone. It is registered with the FCA, enabling users to copy crypto trades and strategies.
The platform connects its over 100,000 users with some of the top crypto strategists in the world. Users can choose from over 300 crypto strategies at the click of a button.
One of the platform’s most popular crypto trading strategies is the “Crypto Crush Core.” This consists of undervalued crypto assets that can potentially outperform more significant assets such as Bitcoin and Ethereum. Traders on the platform can also create their own strategy and allow other traders to copy it and make money.
Fees And Offerings
Traders can complete the sign-up and KYC (KnowYour Customer) verification in minutes. Following the creation of their account, users must deposit a minimum of €10 and begin copy trading. ICONOMI offers users access to over 150 cryptocurrency assets. This means users can diversify their portfolios and invest in several trading strategies.
When users copy the trades of other strategists, the strategist sets the crypto strategy fees, with the maximum fee capped at 10%. However, if traders trade separately, they are not required to pay any additional fee for buying or selling digital assets. However, they must cover a spread of $0.75.
Investors can also leverage trading tools such as price optimization. This allows traders to issue a new trade at the best possible price. Traders also benefit from the Nightwatch rule.
This rule is triggered when a particular holding drops by a specific value. In such a situation, the portfolio will reallocate the holding to a stablecoin of the user’s choice.
Fees | Copy trading fees are set by strategists |
Social Trading Tools | Yes. Copy trading is available on crytpo |
Minimum Copy Trading Investment | 10 EUR |
Supported Assets | Cryptocurrencies |
Pros & Cons Of ICONOMI
- Supports over 150 cryptocurrencies
- Traders on the platform can earn from copy trading
- Low minimum deposit
- No fees when buying or selling crypto
- Offers copy trading for cryptocurrencies
- Fees for copy trading strategies can go up to 10%
10. Plus500 – Highly trusted platform that offers copy trading
Plus500 is an extraordinarily well-regarded and highly trusted brokerage listed on the London Stock Exchange. It is also a member of the FTSE 250 Index. Plus500 is widely regarded as one of the world’s leading CFD trading platforms. What’s more, the platform is regulated by the Financial Conduct Authority (FCA).
The platform has recently launched a new copy trading feature, +Insights. This feature allows users to select a trend and then display a visual scale with results from top to bottom. Users can select from several filters to ensure they get the exact result they are looking for.
Plus500 allows users to trade over 2000 stock CFDs and a host of commodities, currencies, indices, options, ETFs, and more.
It also offers in-depth charting tools, a real-time news feed, and over 100 indicators. Users on the platform can also access a dedicated mobile app and a plethora of account types, including demo accounts.
Fees | No hidden fees, although some investors may charge subscriptions. |
Social Trading Tools | Yes. |
Minimum Copy Trading Investment | £100 |
Supported Assets | Supports forex, stock CFDs, ETFs, indices, commodities, options |
Pros & Cons Of Plus500
- The platform is highly regulated
- Offers a novel copy trading feature
- Traders can access a wide range of instruments
- User-friendly
- Highly trusted platform
- Does not support MetaTrader 4 or MetaTrader 5
Choosing The Best Copy Trading Platforms
There are several things to consider when selecting the best copy trading platform. Some important factors are the number of traders users can access and the applicable fees.
Let’s look at an example, shall we? NAGA offers a significant pool of investors to copy. However, any profitable trade of €10 or more results in a 5% commission share. On the other hand, eToro does not charge any additional fees on its copy trading tool.
Instead, commissions that successful traders accumulate are paid by eToro itself. The minimum investment required is another important factor to consider when selecting the best copy trading platform. For example, eToro has a minimum deposit of just $200 per trader.
On the other hand, platforms such as DupliTrade require a minimum deposit of $5000. This is out of reach for most investors, especially casual traders and beginners.
Copy Trading Software
Some copy trading platforms offer dedicated copy trading software. Users can download the software on their device and then connect it to a third-party trading bot. One platform that stands out is MT4, which offers complete support for algorithmic bots through its downloadable copy trading software. However, for beginners, platforms such as eToro are far more suitable.
What Is Social Trading?
Social trading is an innovative new feature offered by several leading platforms. The main idea behind social trading is to let users trade in a social setting, similar to Facebook or LinkedIn.
For example, let’s assume a user wishes to purchase Bitcoin and then share their thoughts about the investment. Other users on the platform can see the post and could “like” it or leave a comment.
Our choice for the best copy trading platform, eToro, allows users to follow their chosen traders. This means each time a trader enters a new position or publishes a post, the user will be notified.
Social trading aims to allow retail investors to share market insights while building and maintaining a profitable portfolio. The best social trading platforms usually allow users to copy other investors through a single platform.
Is Copy Trading Profitable?
Whether copy trading is profitable entirely depends on the trader being copied. For example, a user invests $1000 into a particular trader for 12 months and makes a profit of 70%. This represents a profit of $700. However, if the trader makes a loss of 20%, the user would end up losing $200.
Choosing a suitable trader is an integral part of the process. However, just because a trader has been previously profitable does not mean they will continue to remain profitable. This is because financial markets are inherently volatile and move in cycles. However, a great way to reduce the risk of losing money in the market through copy trading is to diversify their holdings.
For example, eToro has a minimum requirement of $200 for each copied trader. This means an outlay of $1000 would allow a trader to diversify across five different traders on eToro. If one trader has a bad phase, other traders can compensate for the loss.
How To Start Copy Trading
In this section of our guide on the best copy trading platforms, we will look at how to start copy trading with a top broker. For our example, we will use eToro as the platform of choice.
Step 1: Open an eToro Copy Trading Account
The first step is to open an account on eToro. The eToro trading platform is a highly regulated provider that offers brokerage services apart from its copy trading feature. This is why it must collect some personal information. This information includes email address, first and last date, and cell phone number.
All you have to do is choose a username for your account and answer a few basic questions. However, make sure you choose a strong password for your account.
Step 2: Upload Identification
After creating your eToro account, you must upload documentation for identification purposes. This is a requirement for using a highly regulated copy trading platform. You can upload your driver’s license, state ID card, or passport as your identification document.
However, make sure that your document is visible when uploaded. Once done, eToro will verify the account within minutes.
Step 3: Deposit Funds
The next step is to make a deposit on eToro. The minimum deposit for first-time traders is just $10. However, traders must invest at least $200 to use eToro’s copy trading tool. Once you have typed in the amount you wish to deposit, you must select the preferred payment type from the list of available options.
Supported payment methods include Mastercard, Visa, PayPal, Skrill, Neteller, and bank transfers. Additionally, payments made in USD do not attract any deposit fees.
Step 4: Select a Trader to Copy
This step is the most important in the copy trading journey because the trader must choose a suitable trader to copy. Click on the “Discover” button on the dashboard and then click on the button marked “View All” next to CopyTrader.
Users can then use filters to find a suitable trader to copy based on their preferred asset class, risk rating, historical ROI, and more.
Users can click on a trader to check their individual profile more thoroughly. This allows the user to research the trader thoroughly before making a choice.
Step 5: Confirm Copy Trade
After the user has selected a suitable trader, click on the “Copy” button. This will lead to an order form like the one shown below. Here, the user must type in the amount of money they wish to invest in the trader. This amount can range from $200 and onwards. Users must also make sure that the “Copy Open Trades” button is checked.
Once done, the user will copy not only future investments but also the entire current portfolio. To confirm the copy trading investment, click on the “Copy” button.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
Conclusion – Best Copy Trading Platforms
That wraps up our guide on the best copy trading platforms. Remember, the leading social trading brokers allow users to invest in the financial markets passively. The only thing required is selecting a suitable trader to copy and selecting the amount to invest.
eToro hosts several traders that users can copy. Additionally, it supports a number of markets, such as stocks, ETFs, forex, indices, crypto, and commodities.
eToro Copy Trading
- Free Copy Trading of Professional Traders
- Best Copy Trading Platform
- Minimum Deposit only $10
75% of retail investor accounts lose money when trading CFDs with this provider.
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFD assets. Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% 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
FAQs - Best Copy Trading Platforms
Is Copy Trading Legal?
Yes, copy trading is a perfectly legal concept. Brokers must be regulated to offer copy trading services.
What Is The Best Copy Trading Platform?
Our guide found eToro to be the best copy trading platform. The platform is head and shoulders above the competition, offering thousands of verified traders to choose from at no additional fees. The platform is also heavily regulated and offers one of the best social trading apps for Android and iOS.
Can You Make Money With Copy Trading?
Yes, it is possible to make money through copy trading. However, this depends on whether the trader being copied is profitable or not.
What Is Copy Trading?
Copy trading is a feature offered by several online brokers and third-party platforms. The feature allows investors to copy the positions of seasoned traders, allowing them to trade passively.
Can You Copy Trades On MT4?
Yes, MT4 offers traders a third-party marketplace where they can sell their strategies. However, users must have an account with an MT4-compatible broker to access these strategies.