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.

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

What is Copy Trading Platform?

In fact, there are many Copy Trading Forex Platforms and Brokers available, while some of them are third-party systems alike popular ZuluTrade or Myfxbook that can be connected to almost any platfom broker offers, or for MetaTrader technology Copy Trading is available there by default.

Lastly some Broker developed their own base or platform for copy trading like popular eToro (eToro Review). With our opinion all systems are similar and different so it is good to consider option suitable particularly for you, also see some of our recommendations below:

  • 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.

Copy Trading AdvantageCopy Trading Disadvantage
Suitable for Beginning TradersPotential success is based on the system or Trader you choose
Offered by many BrokersSoftware availability depending on Broker offering
Trades are automatically replicated to your account
Offering Good selection of accounts or systems to follow
Low fees


Top 5 Best Forex Brokers for Copy Trading

Below you will find a listing of our 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. These brokers mainly provide popular copy trading software, also strictly include regulated brokers with a good record:

  • HFM – Best Overall Broker for Copy Trading  2024
  • BlackBull Markets – Best for Beginners Copy Trading Platform 2024
  • FP Markets – Best MT4 Copy Trading Broker 2024
  • Eightcap – Lowest Spread Copy Trading Broker 2024
  • BDSwiss – Best International Copy Trading Broker 2024

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 an easy-to-use platform allowing to easily select and copy Top Traders. Then check the Number of great traders that show 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 aren’t many Copy Trading Brokers in the US, popular eToro is not available in the US, only for Crypto trading, so we advise you to check ZuluTrade supporting US brokers or Forex.com

The Complete List of Forex Platforms Offering Swing Trading

These are the brokers that are regulated and recommended for Swing Trading by us using either their own or popular Swing Trading Technology Platforms:

Broker Detail
HFM Logo HFM
Min. Deposit: 0 US$
Max. Leverage: 1:2000
Trading Platforms: MT4, MT5, HFM Trading App
Regulation: CySEC, FCA, DFSA, FSCA, FSA, CMA
1
HFM Review
BlackBull Markets logo BlackBull Markets
Min. Deposit: 0 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5, cTrader, BlackBull Trade, Trading View
Regulation: FMA, FSA
2
BlackBull Markets Review
FPM logo FP Markets
Min. Deposit: 100 US$
Max. Leverage: 1:30
Trading Platforms: IRESS, MT4, MT5, cTrader
Regulation: ASIC, CySEC, St. Vincent and the Grenadines, FSP, CMA
3
FP Markets Review
Eightcap
Min. Deposit: 100 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5, TradingView
Regulation: ASIC, SCB, CySEC, FCA
4
Eightcap Review
BDSwiss Review BDSwiss
Min. Deposit: 10 US$
Max. Leverage: 1:400 | 1:2000
Trading Platforms: MT4, MT5, BDSwiss Webtrader, and BDSwiss Mobile App
Regulation: FSC, FSA, FSCA, MISA
5
BDSwiss Review
GO Markets
Min. Deposit: 0 US$
Max. Leverage: 1:30, 1:500
Trading Platforms: MT4, MT5, cTrader, WebTrader
Regulation: ASIC, CySEC, FSC, FSA
GO Markets Review
Errante Review Logo Errante
Min. Deposit: $€50
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4, MT5, cTrader
Regulation: CySEC, FSA
Errante Review
Pepperstone Review Pepperstone
Min. Deposit: 200 US$
Max. Leverage: 1:30 to 1:400
Trading Platforms: MT4, MT5, cTrader, TradingView
Regulation: ASIC, FCA, DFSA, SCB, CMA, CySEC, BaFIN
Pepperstone Review
KCM Trade Review KCM Trade
Min. Deposit: 500 US$
Max. Leverage: 1:400
Trading Platforms: MT4, MT5, KCM Trade WebTrader
Regulation: ASIC, FSA
KCM Trade Review
FXCC Review FXCC
Min. Deposit: No minimum deposit
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4
Regulation: CySEC, SVG FSA
FXCC Review