Copy Trading Forex Brokers

  1. What is Copy Trading Broker?
  2. Best Copy Trading Broker
  3. Is Copy Trading Legal?
  4. What makes a Good Copy Trading Platforms?
  5. Copy Trading Brokers List

What is Copy Trading Broker?

Copy trading Broker provides investment technology to automatically copy to your own and personal account real-time positions opened by a selected trader or portfolio. Usually, copy trading is performed in the context of social forex trading networks, where there is access to statistical data and performance rates of the leading traders, which are offered to be connected with.

Read more about Copy trading via Wikipedia and always check regulatory guidelines like FCA about Copy Trading prior to investment.

  • There are many Copy Trading Forex Brokers available some of them using third-party systems alike popular ZuluTrade or Myfxbook that are connected to popular platforms, or some developed their own base or platform for copy trading like popular eToro (eToro Review).
  • Copy trading option has led to a significant increase of popularity among new and experienced traders, while the newbies can learn and get potential profits from professional traders, and the active traders getting rewarded for their unique skills or strategies.
  • Trader can set full automation mode or preset risk management, take profits order or adjust the trade manually, means copy trading still gives full control over the copied position. Yet these conditions are solely defined by the platform.
  • For Copy Trading Fee if you copying trading, the portion of the closed transaction funds will go to the copied trader, defining a Copy Trading fee, while in reverse Master Trader will get defined percentage for its success as a reward from his followers.

💰 SpreadUsual spreads of the broker
📊 CommissionYes, the percentage paid to the copied trader
🛡️ Trading StrategyDepends on the Portfolio and Broker
🔒 RejectionNo

Best Forex Copy Trading Brokers

Below you will find a listing of the Best Reviewed Copy Trading Brokers and Brokers with Copy Trading suitable for Both beginning (Find out the Best Forex Trading Platform for Beginners) and Seasoned traders to gain followers, also strictly includes regulated brokers with a good record.

Is Copy Trading Legal?

Copy trading is legal activity in the majority of countries around the world, however there are few countries exceptions. We recommend checking if the broker or platform offering copy trading services is regulated in your country and hold reputable licenses for funds safety.

What makes a Good Copy Trading Platforms?

A good copy trading platform is firstly a platform from the Regulated and reputable broker with safety measures and is easy to use platform allowing to easily select and copy Top Traders. Then check Number of great traders that show a good performance and consistency in the strategy, constant profits for a period of time under any market conditions is a key to your potential profits likewise.

Forex Brokers for US Clients with Copy Trading

There arent many Copy Trading Brokers in US, popular eToro is not available in US, only for Crypto trading, so we advise to check ZuluTrade supporting US brokers or Forex.com

The Complete List of Forex Platforms offer Copy Trading

These are the brokers that are regulated and recommended for Copy Trading:

Broker Detail
BDSwiss Review BDSwiss
Min. Deposit: 100 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5, BDSwiss Webtrader and Mobile App
Regulation: FSC, FSA
1
BDSwiss Review
BlackBull Markets logo BlackBull Markets
Min. Deposit: 0 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5
Regulation: FMA, FSA
2
BlackBull Markets Review
FPM logo FP Markets
Min. Deposit: 100 US$
Max. Leverage: 1:30
Trading Platforms: IRESS, MT4, MT5
Regulation: ASIC, CySEC
3
FP Markets Review
Pepperstone
Min. Deposit: 200 US$
Max. Leverage: 1:30 to 1:400
Trading Platforms: MT4, MT5, cTrader, TradingView
Regulation: ASIC, FCA, DFSA, SCB, CMA, CySEC, BaFIN
4
Pepperstone Review
HFM
Min. Deposit: 5 US$
Max. Leverage: 1:30 | 1:1000
Trading Platforms: MT4, MT5
Regulation: CySEC, FCA, DFSA, FSCA, FSA
5
HFM Review
Axiory
Min. Deposit: 10 US$
Max. Leverage: 1:777
Trading Platforms: MT4, MT5, cTrader
Regulation: FSC, FSC
Axiory Review
FBS
Min. Deposit: 1 USD
Max. Leverage: 1:3000
Trading Platforms: MT4, MT5, FBS trader, CopyTrade
Regulation: CySEC, FSC, FSCA, ASIC
FBS Review
Eightcap
Min. Deposit: 100 US$
Max. Leverage: 1:30
Trading Platforms: MT4, MT5
Regulation: ASIC, SCB
Eightcap Review
TMGM
Min. Deposit: 100 US$
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4, MT5, IRESS
Regulation: ASIC, FMA
TMGM Review
OANDA vs Forex.com OANDA
Min. Deposit: no minimum deposit
Max. Leverage: 50:1
Trading Platforms: Oanda trade, MT4
Regulation: CFTC, NFA, FCA, MAS, ASIC, IIROC
OANDA Review