Copy Trading - Top 10 Best Copy Trade Platforms 2020 and Review

Although in our overall rankings, ZuluTrade holds the second place behind eToro, in this particular ranking on copy trading ZuluTrade deserves the top spot. The reason lies indeed in the specific quality of the copy trading platform and the related services.

With ZuluTrade, the user has access to a highly advanced system of Signal Providers and portfolio management, with a lot of different features to customize the signals replication (and it’s the reason why we have created our ZuluTrade guide for beginners).

As mentioned above, in the larger universe of Social Trading, eToro certainly deserves the top spot for overall quality of its service. But treating the Copy Trading service specifically, our preference still goes to ZuluTrade.

The eToro copy trading system is indeed one of the best in the industry, second only to ZuluTrade, and from a certain point of view it’s even better for those beginners users that would prefer to stick to a more simple usability (and that, in any case, would not use the countless and more complex features of other platforms).

Naga Trader are well regulated by both the FCA and CySEC providing maximum protection to you as a forex trader. They are known as one of the top social trading brokers together with eToro and have a particularly good range of crypto assets.

Cryptocurrency deposits are accepted and the Naga Trader minimum deposit is very low which may be well-suited to new traders who can try out trading with the broker at a lower risk level.

Darwinex is perhaps the most innovative among the copy trading services you can find in this list. The basic concept is the same, that is, users can benefit from the performance of other traders. But here this service is handled in a totally different mode.

With Darwinex you do not copy other traders, but you buy synthetic assets, called Darwins, which are assets whose price varies according to the trader’s performance behind it. The more the trader earns, the more the price of the Darwin grows, the more your investment on the Darwin gains.

Avatrade is a top forex broker based in Ireland and regulated in Europe by the Central Bank of Ireland. They are one of only a few top forex brokers to offer fixed spread forex trading. The broker also offers an extensive range of trading platforms for you to choose from.

Included within this is the Duplitrade platform specifically for copy trading. The fixed spread on all of the assets traded here starts from 1.3pips.

FBS is another of the best copy trading broker around. They are again one of the choice forex brokers for new traders in part due to the range of FBS account types available. These accounts include their Cent account which is available for a minimum deposit of just $10. FBS does offer an extensive copy trading service.

Unfortunately though, this service is not currently available to European copy traders. If you are eligible to register under IFSC regulations though, you can get started with a deposit of just $100.

HotForex is another top copy trading broker that is particularly popular with new traders. This popularity stems from a competitive range of assets, pricing, and an extensive free education section.

This includes articles, videos, and live webinars to help develop your trading skill. The HFCopy account and platform through which it runs are available from $300 for copiers up to $1,000 for signal providers. These minimum deposit amounts may change depending upon where you are based.

FXTM are a very well known and respected international ECN broker who are also very active particularly within the Asian and African markets.They are another top broker who offer an extensive range of account type choices.

On account types, FXTM has 6 in total to offer you as a forex trader. This includes their cent account that can be opened with a minimum deposit of just $10. This award-winning broker also offers the FXTM Invest service for a minimum deposit of $100.

OctaFX are another of the top copy trading brokers available. They are well known for their very competitive low spreads. These start from only 0.4 pips on a standard forex trading account and can get as low as 0.2 pips if you qualify for a pro account type.

With this forex broker you can benefit from the very fastest of execution alongside an extremely low minimum deposit to get started. If you are interested in copy trading then you will be eligible for the OctaFX copy trading service after you open your account.