10 Best Copy Trading Platforms and Brokers
The 10 Best Copy Trading Broker Platforms revealed. We have researched and tested several copy trading platforms by reputable Forex and CFD Brokers, to find the 11 best listed.
Top 10 Brokers with Copy Trading Platforms – a Head-to-Head Comparison
 | User-friendly interface CopyTrader Platofrm Wide range of assets |  |  |
 | Strong regulatory backing Comprehensive educational resources AvaProtectTM | | |
 | User-friendly mobile app Robust educational resources Tight spreads | | |
 | multiple Copy Trading options IC Social mobile app Stop-loss adjustments | | |
 | Transparent pricing Low spreads Zero commission trading | | |
 | Fast trade execution Powerful trading platforms Educational resources | | |
 | Tight spreads Unique copy trading platform called CopyFX Comprehensive partner program | | |
 | Ultra-fast execution Instant withdrawals Unique Stop Out Protection feature | | |
 | FBS CopyTrade app Low minimum deposit High leverage options | | |
 | Competitive pricing Multiple trading platforms Robust risk management tools | | |
10 Copy Trading Platforms and Brokers (2025)
- eToro – Overall, The Best Copy Trading Platform
- AvaTrade – Multiple platforms and a social trading experience
- Pepperstone – user-friendly Copy Trading platform
- IC Markets – multiple copy trading options – MetaTrader Signals, cTrader Copy, Myfxbook & ZuluTrade
- XM – Ideal for beginners or those seeking passive income
- FXTM – Copy trading platform, called FXTM Invest.
- RoboForex – Users can copy the trades of other traders and earn commissions on successful strategies.
- Exness – Copy Traders’ trades in real-time with minimal delay
- FBS – Provides copy trading through MT4 and MT5 platforms
- BlackBull Markets – Social and copy trading through ZuluTrade
Top 10 Forex Brokers (Globally)
1. eToro
eToro is a popular multi-asset brokerage platform known for its user-friendly interface and innovative CopyTrader™ system. This copy trading feature allows beginners to automatically replicate the trades of experienced investors.
The broker supports trading in stocks, forex, crypto, and ETFs, making it ideal for new and social traders.
| Broker | eToro |
| Regulation | 🇬🇧 FCA 🇨🇾 CySEC 🇦🇺 ASIC 🇺🇸 FINRA/SEC 🇸🇨 FSAS 🇦🇪 ADGM |
| Minimum Deposit | 50 USD |
| Spreads From | 1 pip |
| Commissions | None |
| Swap Fees | Yes |
| Leverage | Up to 1:400 |
| Trading Platforms | Proprietary eToro platform |
| CFDs Total | 2,000+ |
| Account Segregation | Yes |
| Negative Balance Protection | Yes |
| Investor Protection Schemes | Yes |
| Broker Review | |
| Trade Now | |
Frequently Asked Questions
What is CopyTrader™?
CopyTrader™ is a feature that allows users to automatically replicate the trades of other successful investors on the eToro platform in real-time. You choose traders to copy, allocate an amount, and their portfolio actions are mirrored proportionally in your own account.
What platforms does eToro support?
eToro primarily utilizes its own user-friendly, multi-asset trading platform, accessible via web browser and a dedicated mobile app. This proprietary platform integrates all their unique features like CopyTrader™ and Smart Portfolios, providing a unified trading experience for various asset classes.
Pros and Cons
| ✓ Pros | ✕ Cons |
| Copy Trading (CopyTrader™) | Limited Advanced Tools |
| Commission-Free Stock & ETF Trading | High Non-Trading Fees |
| Regulated & Secure | Wide Spreads on Some Assets |
| User-Friendly Interface | No Scalping or Algorithmic Trading |
| Free Demo Account | Crypto & Copy Trading Not Available in All Regions |
Final Score
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐☆☆ |
| 4 | Research and Education | ⭐⭐⭐⭐☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐⭐ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐☆ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐☆☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐☆☆ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐☆ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐☆☆ |
Our Insights
eToro is a beginner-friendly, regulated trading platform known for its innovative CopyTrader™ feature and commission-free stock trading. While ideal for social and casual investors, it may lack advanced tools for professional traders.
2. AvaTrade
AvaTrade is a globally regulated forex and CFD broker offering a wide range of assets and trading platforms. It features AvaSocial, a dedicated copy trading platform that allows users to follow and replicate experienced traders’ strategies in real time.
| Broker | AvaTrade |
| Regulation | 🇮🇪 CBI 🇦🇺 ASIC 🇿🇦 FSCA 🇯🇵 FFAJ 🇻🇬 BVI FSC 🇦🇪 ADGM–FSRA 🇮🇱 ISA 🇨🇾 CySEC 🇵🇱 KNF |
| Minimum Deposit | 100 USD |
| Spreads From | 0.6–0.9 pips |
| Commissions | None |
| Swap Fees | Yes |
| Leverage | Up to 1:400 |
| Trading Platforms | MT4 MT5 AvaTradeGO WebTrader AvaOptions AvaSocial DupliTrade ZuluTrade |
| CFDs Total | 1,250+ |
| Account Segregation | Yes |
| Negative Balance Protection | Yes |
| Investor Protection Schemes | Yes |
| Broker Review | |
| Trade Now | |
Frequently Asked Questions
Does AvaTrade offer copy trading?
Yes, AvaTrade offers copy trading through two main avenues: their proprietary AvaSocial app and the third-party platform DupliTrade. AvaSocial allows you to follow and automatically copy other traders, while DupliTrade provides access to a selection of vetted strategy providers.
Is AvaTrade suitable for beginners?
Yes, AvaTrade is considered suitable for beginners. They offer extensive educational resources through AvaAcademy (videos, articles, webinars), a user-friendly proprietary platform (AvaTradeGO), and popular MetaTrader platforms. Their minimum deposit is generally $100, and they provide a free demo account for risk-free practice.
Pros and Cons
| ✓ Pros | ✕ Cons |
| Strong Regulation | Inactivity Fee |
| Multiple Trading Platforms | Limited Advanced Tools |
| Copy Trading Options | No Variable Spread Accounts |
| Commission-Free Trading | Restricted Leverage in Some Regions |
| Beginner-Friendly | No Support for U.S. Clients |
Final Score
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐⭐☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐⭐ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐⭐ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐☆ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐⭐ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐☆ |
Our Insights
AvaTrade is a well-regulated broker offering commission-free trading, multiple platforms, and strong copy trading tools. It suits both beginners and experienced traders, though inactivity fees and limited advanced tools may be drawbacks for some users.
3. Pepperstone
Pepperstone is a globally regulated forex and CFD broker known for its fast execution, low spreads, and support for automated and social trading. It offers copy trading through DupliTrade and Myfxbook AutoTrade, allowing users to mirror the strategies of experienced traders directly into their accounts.
| Broker | Pepperstone |
| Regulation | 🇦🇺 ASIC 🇬🇧 FCA 🇰🇪 CMA 🇦🇪 DFSA |
| Minimum Deposit | 0 USD |
| Spreads From | 0.0 pips |
| Commissions | Yes |
| Swap Fees | Yes |
| Leverage | Up to 1:500 |
| Trading Platforms | MetaTrader 4 MetaTrader 5 cTrader |
| CFDs Total | 1,200+ |
| Account Segregation | Yes |
| Negative Balance Protection | Yes |
| Investor Protection Schemes | Yes |
| Broker Review | |
| Trade Now | |
Frequently Asked Questions
Which platforms can I use with Pepperstone?
Pepperstone offers a variety of trading platforms including MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, and TradingView. They also provide their own proprietary Pepperstone Trading Platform, available via web and mobile app.
Is Pepperstone suitable for beginners?
Yes, Pepperstone is considered suitable for beginners. They offer a free demo account to practice with virtual funds, a Standard account with a simpler fee structure, and a variety of educational resources and guides to help new traders learn.
Pros and Cons
| ✓ Pros | ✕ Cons |
| Multiple Platforms | No Proprietary Platform |
| Tight Spreads | Limited Educational Content |
| Regulated Globally | No Fixed Spread Accounts |
| Copy Trading Available | Investor Protection Not Global |
Final Score
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐☆☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐☆ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐☆☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐⭐ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐☆ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐☆☆ |
Our Insights
Pepperstone is a trusted, globally regulated broker offering fast execution, tight spreads, and powerful platforms. With copy trading options and low entry barriers, it suits both beginners and advanced traders seeking flexibility and performance.
Top 3 Forex Brokers with Copy Trading Platforms – eToro vs AvaTrade vs Pepperstone
| Broker | | | |
| Regulators | 🇬🇧 FCA 🇨🇾 CySEC 🇦🇺 ASIC 🇦🇪 ADGM FSRA | 🇮🇪 CBI 🇨🇾 CySEC 🇦🇺 ASIC 🇯🇵 FSA 🇿🇦 FSCA 🇧🇻 FSC 🇦🇪 FSRA 🇮🇱 ISA 🇨🇦 IIROC/CIRO 🇨🇴 SFC | 🇦🇺 ASIC 🇬🇧 FCA 🇰🇪 CMA 🇦🇪 DFSA |
| Year Established | 2007 | 2006 | 2010 |
| Execution Type(s) | Market Maker | Market Maker | ECN/STP NDD |
| Minimum Deposit | 50 USD | 100 USD | 0 USD |
| Average Trading Cost EUR/USD | Average Spread: 1.0 pip | Average Spread: 0.9 – 1.5 pips | Average Spread: 0.77 pips |
| Commissions | Yes | Yes | Yes |
| Crypto Trading | Yes | Yes | Yes |
| Swap Fees | Yes | Yes | Yes |
| Trading Platforms | Proprietary eToro Platform | MetaTrader 4 MetaTrader 5 AvaTradeGO WebTrader AvaOptions | MetaTrader 4 MetaTrader 5 cTrader TradingView |
| CFDs Offered | 7,000+ | 1,250+ | 1,200+ |
| Islamic Account | Yes | Yes | Yes |
| Negative Balance Protection | Yes | Yes | Yes |
| Account Segregation | Yes | Yes | Yes |
| Investor Protection Scheme | Yes | Yes | Yes |
| Trade Now |  | | |
4. IC Markets
IC Markets is a globally regulated forex and CFD broker offering ultra-low spreads, fast execution, and advanced platforms. It supports copy trading via IC Social, cTrader Copy, ZuluTrade, and Myfxbook AutoTrade, enabling users to follow expert strategies.
| Broker | IC Markets |
| Regulation | 🇦🇺 ASIC 🇨🇾 CySEC 🇸🇨 FSA |
| Minimum Deposit | 200 USD |
| Spreads From | 0.0 pips |
| Swap Fees | Yes |
| Leverage | Up to 1:500 |
| Trading Platforms | MetaTrader 4 MetaTrader 5 cTrader WebTrader TradingView |
| CFDs Total | 2,300+ |
| Account Segregation | Yes |
| Negative Balance Protection | Yes |
| Investor Protection Schemes | Yes |
| Broker Review | |
| Trade Now | |
Frequently Asked Questions
Which trading platforms are available?
Pepperstone offers a diverse range of trading platforms, including the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5). You can also use cTrader, TradingView, and Pepperstone’s own proprietary web and mobile trading platforms.
What leverage does IC Markets offer?
IC Markets offers varying leverage depending on the entity and specific trading instrument. For retail clients under their global entity (regulated by FSA Seychelles), leverage can go up to 1:500 for Forex and Commodities.
Pros and Cons
| ✓ Pros | ✕ Cons |
| Tight Spreads | No Proprietary Platform |
| Fast Execution | No Fixed Spread Accounts |
| Multiple Platforms | Limited Investor Protection Offshore |
| Copy Trading Options | Education and Research Tools |
Final Score
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐⭐ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐☆☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐☆ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐⭐ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐☆ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐☆ |
Our Insights
IC Markets is a top-tier broker known for ultra-low spreads, fast execution, and advanced trading platforms. With multiple copy trading options and a wide range of CFDs, it suits both beginners and professional traders.
5. XM
XM is a globally regulated forex and CFD broker offering competitive spreads, high leverage, and a user-friendly trading experience. It provides copy trading through its proprietary platform, XM Copy Trading, enabling users to replicate the strategies of experienced traders.
| Broker | XM |
| Regulation | 🇨🇾 CySEC 🇦🇺 ASIC 🇦🇪 DFSA 🇧🇿 FSC 🇲🇺 FSC 🇸🇨 FSA 🇿🇦 FSCA |
| Minimum Deposit | 5 USD |
| Spreads From | 0.1 pips |
| Commissions | Yes |
| Swap Fees | Yes |
| Leverage | Up to 1:1000 |
| Trading Platforms | MetaTrader 4 MetaTrader 5 |
| CFDs Total | 1000+ |
| Account Segregation | Yes |
| Negative Balance Protection | Yes |
| Investor Protection Schemes | Yes |
| Broker Review | |
| Trade Now | |
Frequently Asked Questions
Does XM offer a demo account?
Yes, XM offers a free demo account, which is excellent for beginners. It allows you to practice trading strategies risk-free with virtual funds in a simulated market environment, helping you get familiar with the platform and trading concepts before using real money.
Does XM offer copy trading?
Yes, XM offers its own dedicated copy trading platform called XM Copy Trading. It allows less experienced traders to automatically copy the trades of more seasoned strategy managers, while managers can earn a profit share from their followers.
Pros and Cons
| ✓ Pros | ✕ Cons |
| Regulated by multiple authorities | Does not offer cryptocurrency trading |
| Low minimum deposit | Leverage restrictions |
| Negative balance protection | Commissions apply |
| Wide range of CFDs | No 24/7 customer support |
| Multilingual customer support | Limited advanced tools |
Final Score
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐⭐⭐ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐☆☆ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐☆ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐☆ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐☆ |
Our Insights
XM is a well-regulated broker offering low minimum deposits, commission-free trading, and strong client protections. It’s ideal for beginners and intermediate traders, though it lacks crypto trading and a proprietary platform.
6. FXTM
FXTM offers tight spreads across Forex, CFDs, commodities, and stocks as a globally regulated broker. Its copy trading service, FXTM Invest, lets you mirror top traders—called Strategy Managers—automatically via the MyFXTM dashboard, with performance metrics and risk controls. Minimum deposit for FXTM Invest is $200, and fees are performance-based only.
| Broker | FXTM |
| Regulation | 🇬🇧 FCA 🇨🇾 CySEC 🇿🇦 FSCA 🇲🇺 FSC 🇰🇪 CMA 🇧🇿 IFSC |
| Minimum Deposit | 200 USD |
| Spreads From | 0.0–0.1 pips |
| Commissions | Yes |
| Swap Fees | Yes |
| Leverage | Up to 1:2000 |
| Trading Platforms | MetaTrader 4 MetaTrader 5 FXTM Trader app |
| CFDs Total | 250+ |
| Account Segregation | Yes |
| Negative Balance Protection | Yes |
| Investor Protection Schemes | Yes |
| Broker Review | |
| Trade Now | |
Frequently Asked Questions
Does FXTM offer copy trading?
Yes, FXTM offers a copy trading program called FXTM Invest. It allows investors to automatically copy the trades of experienced “Strategy Managers” and can be a good option for those who lack trading experience or time to trade themselves.
Can I use FXTM as a beginner?
Yes, FXTM is considered suitable for beginners. They offer a demo account to practice with,educational resources, and a user-friendly mobile app. While their minimum deposit might be higher than some, their commitment to education and support makes them a good choice for new traders.
Pros and Cons
| ✓ Pros | ✕ Cons |
| Regulated by top-tier authorities | Limited number of tradable CFDs |
| Offers copy trading | High commissions |
| Negative balance protection | No cryptocurrency trading |
| Multiple account types | Inactivity fees |
Final Score
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐☆☆ |
| 4 | Research and Education | ⭐⭐⭐⭐☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐☆ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐⭐ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐☆ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐☆ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐☆ |
Our Insights
FXTM is a well-regulated broker offering flexible account types, low entry costs, and copy trading via FXTM Invest. It’s beginner-friendly and reliable, though limited in CFD variety and lacks crypto trading options.
7. RoboForex
RoboForex provides access to over 12,000 instruments through platforms like ECN, MT4, MT5, cTrader, and their proprietary web platform, R StocksTrader. They also offer CopyFX, an award-winning copy-trading system that allows thraders automatically replicate top traders using flexible subscription models without extra fees.
| Broker | RoboForex |
| Regulation | 🇧🇿 FSC |
| Minimum Deposit | 10 USD |
| Spreads From | 0 pips |
| Commissions | Yes |
| Swap Fees | Yes |
| Leverage | Up to 1:2000 |
| Trading Platforms | MetaTrader 4 MetaTader 5 cTrader R Trader R StocksTrader R Web/MobileTrader |
| CFDs Total | 12,000+ |
| Account Segregation | Yes |
| Negative Balance Protection | Yes |
| Investor Protection Schemes | Yes |
| Broker Review | |
| Trade Now | |
Frequently Asked Questions
What leverage does RoboForex offer?
RoboForex offers high leverage, potentially up to 1:2000, for certain account types. However, leverage can vary depending on the instrument and account equity, with limits like 1:500 for Prime and ECN accounts, and 1:20 for stocks.
Can I open a demo account with RoboForex?
Yes, RoboForex offers free demo accounts. These accounts simulate real trading conditions with virtual funds, allowing you to test strategies, explore various trading instruments, and become familiar with their platforms (MT4, MT5, cTrader, R StocksTrader) without any financial risk.
Pros and Cons
| ✓ Pros | ✕ Cons |
| Low minimum deposit | Not available to clients in some countries |
| Wide range of trading platforms | Complex fee structure |
| Copy trading | No proprietary trading tools |
| High leverage | Limited educational resources |
Final Score
| # | Criteria | Score |
| 1. | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
| 2. | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐⭐ |
| 3. | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4. | Research and Education | ⭐⭐⭐☆☆ |
| 5. | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6. | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐☆ |
| 7. | Deposit and Withdrawal Option | ⭐⭐⭐⭐⭐ |
| 8. | Execution Speed and Order Types | ⭐⭐⭐⭐☆ |
| 9. | Risk Management and Safety Measures | ⭐⭐⭐⭐☆ |
| 10. | Markets Analysis and Trading Tools | ⭐⭐⭐⭐☆ |
Our Insights
RoboForex offers flexible trading with low deposits, high leverage, diverse platforms, and copy trading via CopyFX. It’s suitable for both beginners and advanced traders, though offshore regulation may concern some safety-conscious investors.
8. Exness
The broker’s copy‑trading service, Social Trading, enables users to automatically mirror top Strategy Providers via the Exness Social Trading app or Personal Area—starting from just $10, with real‑time stats and customizable risk settings, and no extra copy fees.
| Broker | Exness |
| Regulation | 🇸🇨 FSA 🇨🇾 CySEC 🇬🇧 FCA 🇿🇦 FSCA 🇨🇼 CBCS 🇧🇻 FSC 🇲🇺 FSC 🇰🇪 CMA 🇯🇴 JSC |
| Minimum Deposit | 10 USD |
| Spreads From | 0.0 pips |
| Commissions | Yes |
| Swap Fees | Yes |
| Leverage | Up to 1:2000 |
| Trading Platforms | MetaTrader 4 MetaTrader 5 Exness Trader App Web Terminal Exness Terminal |
| CFDs Total | 100+ |
| Account Segregation | Yes |
| Negative Balance Protection | Yes |
| Investor Protection Schemes | Yes |
| Broker Review | |
| Trade Now | |
Frequently Asked Questions
What is the maximum leverage at Exness?
Exness offers “Unlimited” leverage for certain trading accounts and conditions, particularly when account equity is below $5,000 and specific trading volume criteria are met. However, it dynamically adjusts based on equity, instrument, and market conditions.
Does Exness offer a demo account?
Yes, Exness provides free demo accounts, which is an excellent tool for beginners and experienced traders. They allow you to practice trading strategies, familiarize yourself with the platforms, and test market conditions using virtual funds, all without any financial risk.
Pros and Cons
| ✓ Pros | ✕ Cons |
| Regulated by multiple top-tier authorities | Limited investor protection |
| Ultra-low spreads | No proprietary desktop platform |
| Unlimited Leverage | Fewer CFDs |
| Copy trading | No Bonus or Promotions |
| Negative balance protection | Educational materials lack depth |
Final Score
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐☆☆ |
| 4 | Research and Education | ⭐⭐⭐⭐☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐⭐ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐☆☆ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐⭐ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐⭐ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐☆☆ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐☆ |
Our Insights
Exness is a well-regulated broker known for tight spreads, flexible leverage, and low entry costs. Its Social Trading platform makes it beginner-friendly, though a limited CFD range and offshore regulation may concern some traders.
9. FBS
The broker’s copy‑trading service, FBS CopyTrade, allows investors to mirror successful traders with customizable investment levels (from $100), risk controls, and zero platform fees—profit-sharing applies.
| Broker | FBS |
| Regulation | 🇧🇿 FSC 🇨🇾 CySEC 🇦🇺 ASIC 🇿🇦 FSCA |
| Minimum Deposit | 1-5 USD |
| Spreads From | 0 pips |
| Commissions | Yes |
| Swap Fees | Yes |
| Leverage | Up to 1:3000 |
| Trading Platforms | MetaTrader 4 MetaTrader 5 FBS Trader app |
| CFDs Total | 550–650+ |
| Account Segregation | Yes |
| Negative Balance Protection | Yes |
| Investor Protection Schemes | Yes |
| Broker Review | |
| Trade Now | |
Frequently Asked Questions
Can beginners use FBS easily?
Yes, FBS is considered beginner-friendly. They offer accessible account types like the Cent Account with low minimum deposits, extensive educational resources including video tutorials and a Forex Guidebook, and a free demo account to practice risk-free.
What is the maximum leverage available?
FBS offers very high maximum leverage, up to 1:3000 for certain accounts and conditions, particularly under their IFSC (Belize) regulated entity. However, leverage can vary significantly based on the trading instrument, account equity, and regulatory jurisdiction.
Pros and Cons
| ✓ Pros | ✕ Cons |
| Regulated by multiple authorities | High spreads |
| Low minimum deposit | Limited asset range |
| High leverage | Educational content may lack depth |
| Multiple account types | Fewer advanced research tools |
Final Score
| # | Criteria | Score |
| 1. | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
| 2. | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
| 3. | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4. | Research and Education | ⭐⭐⭐⭐☆ |
| 5. | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6. | Customer Support and Regulatory Compliance | ⭐⭐⭐☆☆ |
| 7. | Deposit and Withdrawal Option | ⭐⭐⭐⭐⭐ |
| 8. | Execution Speed and Order Types | ⭐⭐⭐⭐☆ |
| 9. | Risk Management and Safety Measures | ⭐⭐⭐⭐☆ |
| 10. | Markets Analysis and Trading Tools | ⭐⭐⭐⭐☆ |
Our Insights
FBS is a globally regulated broker offering low deposits, high leverage, and copy trading via FBS CopyTrade. It’s ideal for beginners and budget-conscious traders, though advanced users may find limited assets and tools.
10. BlackBull Markets
BlackBull CopyTrader is a highly acclaimed copy trading platform that enables traders to replicate the strategies of top-performing fund managers with verified success. It features sophisticated risk management tools, allowing users to customize the allocation of their funds.
Additionally, traders have the flexibility to follow several providers at once, with no minimum deposit needed to begin copy trading.
| Broker | BlackBull Markets |
| Regulation | 🇸🇨 FSA 🇳🇿 FSPR 🇨🇾 CySEC 🇿🇦 FSCA 🇻🇨 FSA |
| Minimum Deposit | 0 USD |
| Spreads From | 0.0 pips |
| Commissions | Yes |
| Swap Fees | Yes |
| Leverage | Up to 500:1 |
| Trading Platforms | MetaTrader 4 MetaTrader 5 |
| CFDs Total | 120+ |
| Account Segregation | Yes |
| Negative Balance Protection | Yes |
| Investor Protection Schemes | Yes |
| Broker Review | |
| Trade Now | |
Frequently Asked Questions
Does BlackBull Markets offer copy trading?
Yes, BlackBull Markets offers its own dedicated copy trading platform called BlackBull CopyTrader. This allows users to automatically replicate the trades of experienced “Strategy Managers,” providing a way for less experienced traders to benefit from others’ expertise. They also integrate with cTrader Copy.
What trading platforms are available?
BlackBull Markets offers a strong selection of trading platforms, including the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5). They also support cTrader and TradingView for advanced charting and analysis. Additionally, they provide their own BlackBull CopyTrader and BlackBull Invest platforms.
Pros and Cons
| ✓ Pros | ✕ Cons |
| Tight Spreads | Fee Complexity |
| Low Minimum Deposit | Withdrawal & Inactivity Fees |
| Multiple Platforms & Tools | Limited Platform Diversity |
| High Leverage | Occasional Wider Spreads |
| Regulated & Secure | Basic Educational Resources |
Final Score
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐☆☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐☆ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐☆ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐☆ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐☆ |
Our Insights
BlackBull Markets offers tight spreads, ECN execution, and copy trading with competitive conditions. While it lacks top-tier regulation, it’s a solid choice for experienced traders seeking low-cost trading and diverse platform support.
What is Copy Trading?
Copy trading is a form of automated trading where investors replicate the trades of experienced traders in real-time. It allows beginners to benefit from expert strategies without active involvement, making it ideal for those with limited time or trading knowledge.
Criteria for Choosing a Forex Broker with a Copy Trading Platform
| Criteria | Description | Importance |
| Regulation | Ensures the broker is legally authorized and operates under strict guidelines. | ⭐⭐⭐⭐⭐ |
| Copy Trading Platforms | Availability of platforms like ZuluTrade, Myfxbook, or proprietary social tools. | ⭐⭐⭐⭐⭐ |
| Trader Performance Stats | Access to transparent historical data and risk metrics of signal providers. | ⭐⭐⭐⭐☆ |
| Fees & Spreads | Low trading costs including commissions, spreads, and platform charges. | ⭐⭐⭐⭐☆ |
| Minimum Deposit | The entry-level funding requirement to access copy trading services. | ⭐⭐⭐☆ |
| Execution Speed | Fast trade execution ensures accurate copying of trades. | ⭐⭐⭐⭐☆ |
| Risk Management Tools | Ability to set stop-loss, copy ratio, and limit exposure. | ⭐⭐⭐⭐⭐ |
| Reputation & Reviews | Broker reliability based on user feedback and independent reviews. | ⭐⭐⭐⭐☆ |
| Platform Usability | Ease of navigating the copy trading interface and performance tracking. | ⭐⭐⭐⭐☆ |
| Customer Support | Access to responsive help via chat, email, or phone. | ⭐⭐⭐⭐☆ |
What Real Traders Want to Know!
Explore the Top Questions asked by real traders across the Globe. From common risks to minimum capital requirements, we provide straightforward answers to help you understand copy trading and choose the right broker confidently.
Q: How do I evaluate a copy trading provider’s performance beyond just their profit percentage? What metrics truly matter? – Alex Chen
A: Look beyond raw profit. Focus on consistency, drawdown, risk metrics, average trade duration, and their trading style. A consistent, lower-profit trader with good risk management is often better than a high-profit, high-risk one.
Q: Is copy trading truly passive, or do I still need to monitor my account closely? – Maria Rodriguez
A: While it automates trades, copy trading isn’t entirely passive. You should regularly monitor the performance of the traders you copy, review their strategies, and adjust your risk parameters or even stop copying if their performance deviates from your expectations or risk tolerance.
Q: What are the common risks associated with copy trading that I should be aware of? Ben Lee
A: Key risks include the copied trader making errors, market volatility (even good strategies can struggle in extreme conditions), and over-reliance on a single trader. Past performance is never a guarantee of future results.
Q: Can I set my own risk parameters like stop-loss or take-profit orders when copying trades? – Sara Davies
A: Yes, most reputable copy trading platforms allow you to set custom risk parameters such as stop-loss and take-profit orders, and to adjust position sizes.
Q: What is the minimum capital required to start copy trading effectively? – Chris Kim
A: While some platforms allow starting with very small amounts, a larger capital allows for better risk management and diversification.
In Conclusion
Copy trading platforms allow beginners to replicate the strategies of experienced traders automatically. These brokers offer user-friendly tools, risk management features, and access to global markets, making trading more accessible without requiring advanced skills.
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Faq
Diversify by copying multiple traders with different strategies, trading styles, and asset classes. This way, if one strategy underperforms, others might compensate, reducing overall portfolio risk
Besides the broker’s spreads and commissions, some signal providers may charge performance fees (a percentage of profits) or a monthly subscription fee. Always check the fee structure of both the platform and the individual traders.
Copy trading allows selective replication of individual trader’s actions with more control over position sizing. Mirror trading typically duplicates systematic strategies or an entire portfolio automatically. Copy trading generally offers more customization.
While you don’t need extensive experience to start, having a basic understanding of trading concepts, risk management, and market dynamics will help you choose suitable traders and manage your copied portfolio more effectively.
Trades are generally copied in real-time or with minimal delay (often milliseconds to a few seconds). However, slippage can occur, meaning your copied trade might execute at a slightly different price than the original, especially in fast-moving or illiquid markets.
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