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Best Copy Trading Brokers

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Copy trading is a great entry point into the forex market, stocks, cryptocurrencies and more as a trader. This type of trading allows you full access to the offerings of many top brokers but without the need to actively trade yourself. This makes it perfect for new traders or those who do not have huge amounts of time to dedicate to trading.

Here we have put together 5 of the best copy trading brokers that provide access to a wide range of tools and the most respected trading platforms to help you get the most out of your copy trading experience.


XM

XM is one of the most recognizable names when it comes to forex brokers and those offering trading in CFDs. They have been around since 2009 and grown into a hugely trusted and respected brand that is well-regulated around the world and provides trading in more than 1,200 assets.

If you are looking for XM copy trading options then you will have a couple of choices open to you. The most popular of these is to make the most of the Metatrader trading platform offered by XM. Here you can use the EAs feature to import pre-developed or specially customized trading strategies from others in the industry. This opens up huge possibility for you as an XM trader to stay at the cutting-edge of copy and auto trading strategies in the sector.

This method of copy trading is fully accepted by XM and you can open an account for as little as $5 for a Micro account or $100 for a Standard account.

Take a closer look at our XM review for more details on everything that this top industry broker name has to offer or visit XM.


AvaTrade

AvaTrade is a top European broker which has now become well known and respected around the world having been active in the industry for many years. Since their foundation in 2006, they have greatly expanded their offering on a number of fronts and become an established name in the industry for many types of trading. They are also a top choice if you are looking for a top-tier copy trading broker.

Whether you are trading forex or any of the other 200 or more assets made available on the platform you can find a style of trading to fit your needs. Copy trading with Avatrade is primarily made available through the well-respected Duplitrade third-party copy trading platform.

The platform itself is extremely user-friendly and can be used seamlessly in tandem with your Avatrade account for a minimum deposit amount of $2,000. This will enable you to engage in copy trading on all assets offered by the broker and with some great fixed spreads starting from 1.3 pips. This is great if you are looking for fixed spread trading with Avatrade being one of only a few top forex brokers to offer such an opportunity.

To get started with Avatrade and for more details of this top broker you can check out our full Avatrade review or visit AvaTrade.


FXTM

FXTM is another top forex broker in the industry who have been providing CFD trading in hundreds of assets to traders around the world since their inception in 2011. With trusted regulation in place from a number of top-tier bodies including CySEC in Europe, the FCA, FSCA, and FSC, they are among the most reputed brokers you can choose.

When it comes to copy trading FXTM has a dedicated offering through their FXTM Invest account option. This opens an avenue for you to get involved in copy trading on any of the assets offered at FXTM and also to set up as a signal provider yourself. Being copied by others would earn you a set commission from the broker.

You can start out copying top traders at FXTM with a minimum deposit as low as $100. This makes copy trading extremely accessible here and along with the trading signals service the broker provides together with a great low-cost spread starting from 0.1 pips it comes as no surprise that FXTM is a top copy trading choice.

For more information on everything FXTM has to provide to copy traders and others, be sure to check out our complete FXTM review to learn more or visit FXTM.


Pepperstone

Pepperstone makes the list of best copy trading brokers thanks to more than 10 years in the industry prioritizing traders through their transparent, good value broker services. Well-regulated by ASIC in Australia, the FCA in the UK, and others around the world, the broker has become a popular choice for many types of traders.

Through their proprietary and easy to use trading platform which is also available on mobile, you can engage in trading CFDs, Spread Betting, and more on all of the assets they have to offer. As a copy trader though they they are powered by Zulutrade enabling you to fully take advantage of copying other traders.

You can also always take a look at our Pepperstone review for an in-depth rundown on everything this top forex broker choice has to offer or visit Pepperstone.

Warning: Between 74-89 % of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. This content is intended for information and educational purposes only and should not be considered investment advice or investment recommendation.


BDSwiss

BDSwiss is our next choice as one of the top CFD brokers you can choose to trade with. They have also been around the industry for almost a decade since starting in 2012. Here you will find not only one of the best CFD brokers but also one that is extremely well-regulated around the world by CySEC and a number of other top bodies.

There are more than 200 CFDs to trade in at BDSwiss. This number includes over 50 forex currency pairs which is an impressive selection for any broker. Commodities such as gold, and silver as well as oil and natural gas CFDs can also be found here. 10 major indices from around the world as well as more than 20 cryptoassets are also available from BD Swiss. Their largest selection of CFDs though comes from stocks. With well over 100 major stocks to choose from, there should be something for everyone.

BDSwiss is a very strong competitor in the industry when it comes to CFD brokers. You can find out more about what else they have to offer by taking a look at our in-depth BDSwiss review.

Warning: Trading in Forex/ CFDs and Other Derivatives is highly speculative and carries a high level of risk. It is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose.

Anthony is a financial journalist and business advisor with several years’ experience writing for some of the most well-known sites in the Forex world. A keen trader turned industry writer, he is currently based in Shanghai with a finger on the pulse of Asia’s biggest markets.