The Best Copy Trading Platform

Copy trading allows investors to copy the trading activities of other investors or groups of investors. Copy trading is also known as social trading. It can be an effective tool for investors looking to learn from experienced traders or to lower the risk associated with their investment portfolio.

It can be difficult to choose the best copy trading platform that suits your needs. We have compiled a list of the top candidates to help you narrow down the search.

Copy trading software allows traders to copy trades that have been opened by other experts. This allows traders to replicate specific strategies with the desired leverage. The strategy owner may recommend that you invest less or more than the recommended allocation.

Below is a list of popular copy trading platforms and apps.

1) AvaTrade

AvaTrade is an international forex copy trading platform. Its headquarters are in Ireland. It is regulated by the Central Bank of Ireland in Europe.

Fixed spread forex trading is offered by AvaTrade, studies show which is one of the few forex brokers that are reputable. Avatrade offers a wide range of social platforms and copy trading options.

This copy trading platform is the best. It allows you to copy trading operations automatically from one trading account to another. This feature is accessible directly from the MetaTrader platform. It is simple in principle: A trader gives public access to financial market transactions they have executed, and it allows other users to subscribe. It executes the trades on subscribers’ trading accounts automatically.

Features

  • The Signals tab on the MetaTrader platform features both free and paid signals.
  • You can take control from anywhere in the world
  • Global Regulated Best Forex Copy Trading Broker
  • You can trade Cryptos with CFDs 24/7 and get 24/7 trading

2) Etoro

Copy trading etoro provides Stocks, Commodities and Forex.The eToro copy trading system is ideal for beginners who want to keep it simple.

Features

  • Trade and invest in the best stocks and ETFs.
  • Your crypto-based portfolio.
  • Meet your investors

3) PrimeXBT Copy Trading

PrimeXBT allows novice and experienced traders to copy their strategies. It allows professional traders to make money by allowing others to copy their strategies.

Features

  • Diversify to reduce your risk.
  • It allows you to trade quickly and effortlessly, just like an experienced trader.
  • Access to many markets, 100 trading instruments in one place.

4) Naga

Naga allows you to automatically copy your trades. This allows you to see the stats of other investors and to choose who to copy in order to make the most profit on your trade.

Features

  • This allows you to adjust the auto-copy ratio and set the investment amount
  • To limit your losses and protect your trading profits, you can set stop loss or take profit limits.
  • It provides an easy-to-use investor leaderboard.

5) FXTM

FXTM, another popular copy trading platform, is also available. This broker is also an international ECN broker and is active in Asian and African markets. You can choose from a wide range of account types.

Copy trading platforms also offer FXTM Invest for a $100 minimum deposit.FXTM’s top traders can be copied with as little as $100. This makes copy trading very accessible.

Features

  • Live price updates and real-time prices.
  • You can access a wide range of order functions
  • There are many options for education and research.

6) BingX

BingX, a copy trading platform, has over 1,000,000 users in 100+ countries. BingX offers over 100 cryptos, including Bitcoin, Ethereum and Dogecoin. To reduce risk, users can open a demo account to copy trade. Using key indicators like trader’s Account Assets, Cumulative P&L, 30D Profit Rate, Max. Users can also draw down to study strategies and make profit.
The new feed feature allows traders to post speculations about future trends and insights. This encourages interaction between copy traders. BingX’s copy-trading system supports DeFi and NFT, Indices. Commodities. Forex. BingX traders can now access another exchange’s API to enhance their homepage and display trader performance more clearly.

Features

  • Copy trading/Copy trading/Social trading
  • Robot for auto-trading
  • Demo trading
  • Feed function for traders’ discussions
  • Trading available 24/7
  • Review of Cryptocurrencies

 

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