The best Forex brokers for copy trading are eToro, AvaTrade, IC Markets and Pepperstone.
When choosing the best copy trading platform, advanced and reliable copy trading tools, strong regulation and fund safety, low spreads and overall trading costs, and low minimum deposits with a beginner-friendly platform are the most important criteria.
eToro is the best copy trading platform overall, thanks to providing one of the most established social trading ecosystems with its CopyTrader system, strong multi-jurisdiction regulation, competitive trading costs, and an accessible minimum deposit together with an intuitive platform and free demo account.
AvaTrade, IC Markets and Pepperstone are the top copy trading Forex brokers for these key criteria after eToro. AvaTrade provides robust copy trading via AvaSocial, DupliTrade and ZuluTrade on top of solid regulation and reasonable minimum deposits. IC Markets supports ultra-tight ECN-style spreads and broad access to ZuluTrade, Myfxbook AutoTrade, cTrader Copy and its IC Social app. Pepperstone features strong global regulation, low-cost Razor accounts and convenient integrations with DupliTrade and MetaTrader signal services, giving copy traders multiple high-quality options.
AvaTrade, IC Markets, and Pepperstone are also regarded among the top Forex brokers thanks to competitive pricing, fast execution, and responsive support.

eToro
(Best copy trading Forex broker overall)
eToro is the best copy trading platform thanks to its CopyTrader social trading system, extensive Popular Investor program, and low $200 minimum to start copying with a $100,000 demo portfolio available for practice. eToro is an exceptional option for overall copy trading across forex, stocks, indices, and crypto (for example major FX pairs, stock CFDs, index benchmarks, and cryptocurrencies like Bitcoin), since its proprietary web and mobile platform combines trade execution, social feeds, and detailed Popular Investor statistics (such as risk scores, drawdown, and historical returns), which allows followers to rank Popular Investors by performance and risk and copy them with capital from as little as $200 per trader and $1 per position. eToro’s CopyTrader social trading system helps traders with building diversified, automatically managed portfolios that copy the trades of several Popular Investors simultaneously and update positions in real time as leaders open or close trades.
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eToro Features
The features of eToro are listed below.
- eToro offers the CopyTrader system that lets clients automatically copy the trades of selected Popular Investors in real time on the same platform.
- eToro requires at least 200 dollars to start copying a trader and allocates at least 1 dollar per copied position.
- eToro provides every client with a free demo portfolio with 100000 dollars virtual balance so copy trading strategies can be tested without risk.
- eToro operates as a multi asset broker regulated by authorities such as FCA, CySEC and ASIC which strengthens protection for copy trading clients.
- eToro uses a proprietary web and mobile trading platform with built in social and copy trading tools instead of MetaTrader terminals.
- eToro prices EUR USD on a spread only basis with typical spreads around 1.0 pip on the standard account and no additional commission on copied trades.
eToro Pros and Cons
Advantages of eToro
The advantages of eToro are listed below.
- Great copy trading and social trading features
- Wide range of asset classes
- It allows to buy fractional stocks from $10
Disadvantages of eToro
The disadvantages of eToro are listed below.
- The eToro spreads can be high
- Offers only USD accounts
- Transferring cryptocurrencies to other platforms can be hard
About eToro
eToro is a global multi-asset investment platform founded in 2007, offering trading on stocks, ETFs, Crypto CFDs, commodities, and forex. eToro provides a proprietary web and mobile platform with social trading features. eToro is regulated by multiple authorities including FCA, ASIC, and CySEC. eToro is known for its user-friendly interface, copy trading functionality, and commission-free stock trading. eToro serves over 30 million users worldwide. The eToro CEO and co-founder is Yoni Assia.
AvaTrade
(Best copy trading Forex broker for platform variety)
AvaTrade is the second best copy trading platform thanks to its multi-platform copy trading ecosystem built around AvaSocial, ZuluTrade, and DupliTrade, support for MT4, MT5, AvaTradeGO, WebTrader, and AvaOptions, and a low $100 minimum deposit with EUR/USD spreads typically around 0.9–1.0 pips on commission-free accounts. AvaTrade is an outstanding option for traders who want platform variety in copy trading, because it lets clients choose between in-house social trading via AvaSocial or external networks like ZuluTrade and DupliTrade, with all services connected to the same trading account, so clients can test different copy platforms and switch between providers without opening additional accounts or moving funds. The multi-platform copy trading ecosystem of AvaTrade provides traders with the flexibility to use mobile apps, desktop terminals, and web platforms together and diversify across many strategy providers from one broker account.
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AvaTrade Features
The features of AvaTrade are listed below.
- AvaTrade supports copy trading through its AvaSocial mobile app where clients can follow and automatically copy signal providers.
- AvaTrade integrates with DupliTrade so clients can link MT4 or MT5 accounts and copy expert strategies once the broker balance meets DupliTrade requirements.
- AvaTrade connects to ZuluTrade which allows clients to copy top ranked traders on that external social trading network via a linked AvaTrade account.
- AvaTrade requires a minimum deposit of 100 dollars on standard accounts which makes access to its copy trading services possible with relatively small capital.
- AvaTrade is regulated in several jurisdictions including the Central Bank of Ireland, ASIC, CySEC, FSCA, ADGM and the BVI FSA which benefits copy trading users.
- AvaTrade offers MT4, MT5, AvaTradeGO, WebTrader and AvaOptions with commission free EUR USD spreads typically around 0.9 to 1.0 pip on standard accounts.
AvaTrade Pros and Cons
Advantages of AvaTrade
The advantages of AvaTrade are listed below.
- Tight fixed spreads from 0.6 pips (0.9 pips for retail traders)
- The mobile apps are well designed
- Can be connected to ZuluTrade and Duplitrade
Disadvantages of AvaTrade
The disadvantages of AvaTrade are listed below.
- High inactivity fees
- The demo account is limited to 30 days
About AvaTrade
AvaTrade is a global forex and CFD broker founded in 2006 and headquartered in Dublin, Ireland. AvaTrade offers trading on currencies, commodities, indices, stocks, bonds, ETFs, and cryptocurrencies. AvaTrade provides proprietary platforms alongside MetaTrader 4 and 5. AvaTrade is regulated by multiple authorities including CySEC, ASIC, and FSA. AvaTrade serves over 300,000 clients worldwide. AvaTrade is known for competitive spreads and extensive educational resources. The AvaTrade CEO is David Dryzin since 2016.
IC Markets
(Best copy trading Forex broker for tight spreads)
IC Markets is the third best copy trading platform thanks to its Raw ECN pricing with near-zero spreads on majors (EUR/USD from 0.0 pips plus around $7 per lot commission), support for copy tools such as ZuluTrade, Myfxbook AutoTrade, cTrader Copy, and the IC Social app, and broad platform coverage across MT4, MT5, cTrader, TradingView, and WebTrader with a recommended starting deposit of about $200. IC Markets is an excellent choice for copy traders focused on tight spreads, because its low-cost Raw and Standard accounts help keep spreads and slippage low when replicating high-frequency or algorithmic strategies through third-party copy networks, which is especially important for systems that place a large number of trades each day. IC Markets’ Raw ECN pricing with near-zero spreads on majors helps traders with minimizing execution costs, which reduces the performance gap between their copied scalping or intraday systems and the results achieved in the signal provider’s account.
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IC Markets Features
The features of IC Markets are listed below.
- IC Markets enables copy trading through third party services such as ZuluTrade, Myfxbook AutoTrade and cTrader Copy so clients can choose their preferred social trading network.
- IC Markets offers the IC Social mobile app powered by Pelican where traders can discover and automatically copy other IC Markets clients.
- IC Markets recommends an initial deposit of about 200 dollars which is a typical starting balance for running copy trading strategies on its accounts.
- IC Markets is regulated by ASIC in Australia and also operates entities supervised by regulators such as FSA Seychelles, CySEC and FSCA.
- IC Markets provides MT4, MT5, cTrader, TradingView and WebTrader which gives copy traders flexibility in how they monitor and manage copied positions.
- IC Markets offers a Standard account with EUR USD spreads around 0.8 to 1.1 pips and a Raw account with average spreads near 0.1 pip plus about 7 dollars commission per lot.
IC Markets Pros and Cons
Advantages of IC Markets
The advantages of IC Markets are listed below.
- Low-latency trading environment
- Institutional level liquidity
- MT4, MT5, cTrader platforms are all available
Disadvantages of IC Markets
The disadvantages of IC Markets are listed below.
- Small amount of educational tools for new traders
- Small range of tradable assets compared to other CFD/Forex brokers
About IC Markets
IC Markets is a global forex and CFD broker founded in 2007 and based in Sydney, Australia. IC Markets offers trading on over 2,250 instruments including currencies, commodities, indices, stocks, and cryptocurrencies. IC Markets provides MetaTrader 4, MetaTrader 5, and cTrader platforms. IC Markets is regulated by multiple authorities including ASIC and CySEC. IC Markets is known for its ECN execution model and low spreads. The IC Markets CEO is Andrew Budzinski.
Pepperstone
(Best copy trading Forex broker for active day trading)
Pepperstone is the fourth best copy trading platform due to its Razor account with ultra-low spreads on EUR/USD often from 0.0 pips plus roughly $7 per lot commission, integrated support for copy solutions like DupliTrade and MetaTrader Signals via Signal Start, and multi-platform access across MT4, MT5, cTrader, TradingView, and a proprietary web trader with no formal minimum deposit requirement. The Razor account with ultra-low spreads at Pepperstone places it among the great options for active day-trading copy strategies, such as scalping and breakout systems, as its low-latency infrastructure and pricing allow copied trades to be executed with tight spreads and fast fills, helping follower accounts stay closely aligned with the performance of the underlying signal providers. Pepperstone’s Razor account with ultra-low spreads offers traders protection from unnecessary trading costs, which is crucial when copying strategies that generate many small trades throughout the trading day.
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Pepperstone Features
The features of Pepperstone are listed below.
- Pepperstone supports copy trading via DupliTrade so clients can link MT4 or MT5 accounts and automatically follow selected strategy providers with DupliTrade access typically requiring about 5000 Australian dollars in balance.
- Pepperstone also provides access to MetaTrader Signals and Signal Start which allow clients to subscribe to and copy a wide range of trading signals directly into their accounts.
- Pepperstone does not charge any additional platform fee for copy trading so users pay only the usual spreads and commissions on copied trades.
- Pepperstone is regulated by major authorities including ASIC, FCA, CySEC, DFSA and BaFin which supports the safety of clients using external copy trading services.
- Pepperstone has no formal minimum deposit requirement and allows accounts to be funded from 0 dollars although around 200 dollars is commonly recommended for copy trading.
- Pepperstone offers Standard and Razor accounts with EUR USD spreads about 1.1 pips on Standard and near zero raw spreads plus about 7 dollars commission per lot on Razor.
Pepperstone Pros and Cons
Advantages of Pepperstone
The advantages of Pepperstone are listed below.
- Stable raw spreads (0,10 pips on EUR/USD on average)
- Caters for algorithmic trading
- Has won over 30 Forex industry awards
Disadvantages of Pepperstone
The disadvantages of Pepperstone are listed below.
- The demo account is not unlimited
About Pepperstone
Pepperstone is a global forex and CFD broker founded in 2010 in Melbourne, Australia. Pepperstone offers trading on currencies, commodities, indices, stocks, and cryptocurrencies through MetaTrader and cTrader platforms. Pepperstone is regulated by multiple authorities including ASIC, FCA, and CySEC. Pepperstone is known for competitive spreads, fast execution, and extensive educational resources. Pepperstone serves clients in over 160 countries worldwide. The Pepperstone CEO is Tamas Szabo.
ZuluTrade
(Best Forex broker with copy trading for strategy variety)
ZuluTrade is the fifth best copy trading platform thanks to its global marketplace of hundreds of signal providers across forex, stock-CFDs, commodities, and crypto, detailed performance and risk statistics for each trader, and flexible account models such as Classic (spread-based) and Profit Sharing with a 20% performance fee on profits. ZuluTrade is a strong choice for copy traders who prioritize strategy variety, since investors can connect a regulated broker account, filter traders by drawdown, track record, and user ratings, and then allocate capital to several providers with relatively small amounts per strategy, spreading risk across different trading styles and time frames. ZuluTrade’s global marketplace of signal providers provides traders with access to many uncorrelated trading approaches and safeguards like ZuluGuard, which can pause or close copying relationships automatically if a provider’s drawdown or risk level goes beyond the limits set by the follower.
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ZuluTrade Features
The features of ZuluTrade are listed below.
- ZuluTrade is a dedicated social trading platform that lets users automatically copy the trades of ranked signal providers into connected brokerage accounts.
- ZuluTrade connects to MT4 and MT5 accounts at supported brokers so trades opened by chosen providers are mirrored in real time with proportional position sizes.
- ZuluTrade offers Classic and Profit Sharing account structures including an option where followers pay a 20 percent performance fee on net profits generated by copied strategies.
- ZuluTrade provides risk management tools such as ZuluGuard which can automatically stop copying a trader if predefined drawdown or risk limits are breached.
- ZuluTrade generally requires followers to meet the minimum deposit set by their chosen broker and suggests starting with at least a few hundred dollars per provider for effective copy trading.
- ZuluTrade is licensed for portfolio management by the Hellenic Capital Market Commission in Greece and offers free demo accounts so users can practice copy trading before funding.
ZuluTrade Pros and Cons
Advantages of ZuluTrade
The advantages of ZuluTrade are listed below.
- Transparent Costs
- User-Friendly Interface
- Diverse Trading Options
Disadvantages of ZuluTrade
The disadvantages of ZuluTrade are listed below.
- Limited Market Options
- Dependence on Broker Fees
- Less Customization in Strategy Filtering
About ZuluTrade
ZuluTrade is a global social wealth management platform founded in 2007, offering copy trading services across multiple asset classes including forex, stocks, commodities, and cryptocurrencies. ZuluTrade provides a broker-agnostic platform, allowing users to connect with various integrated brokers. ZuluTrade features advanced tools like ZuluGuard for risk management and a social feed for community interaction. ZuluTrade is regulated by multiple authorities including CySEC and FSC. The ZuluTrade CEO is Tajinder Virk.
FXTM
(Best copy trading Forex broker for small deposits)
FXTM is the sixth best copy trading platform thanks to its FXTM Invest copy program with transparent Strategy Managers and profit-share fees charged only on profitable results, low entry requirements via Micro accounts from around $10–$50 or roughly 50 EUR for copy trading, and support for MT4, MT5, and the FXTM Trader app under regulation from bodies such as CySEC, FSCA, and FSC. FXTM’s FXTM Invest copy program makes FXTM a solid option for traders with small deposits, as it allows them to spread a modest starting balance across multiple Strategy Managers instead of concentrating all funds in a single trading approach. FXTM Invest lets beginners allocate modest amounts to vetted Strategy Managers, pay a predefined performance fee only when profits are generated, and retain full control over their account by being able to stop copying or withdraw funds at any time without extra fees.
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FXTM Features
The features of FXTM are listed below.
- FXTM offers an in house copy trading program called FXTM Invest where clients can automatically copy the trades of selected Strategy Managers.
- FXTM Invest uses a profit share model where Strategy Managers typically earn a performance fee such as 20 percent of profits only when they generate gains for investors.
- FXTM allows investors in FXTM Invest to start with relatively small amounts using micro accounts and guidance that about 50 euros can be enough to begin copy trading.
- FXTM is regulated by authorities such as CySEC, the FSCA and the Mauritius Financial Services Commission which adds protection for users of FXTM Invest.
- FXTM supports MetaTrader 4, MetaTrader 5 and the FXTM Trader mobile app for managing both manual trading and copy trading activity.
- FXTM offers standard accounts where EUR USD spreads average about 1.5 pips and Advantage accounts with near zero spreads plus about 4 to 5 dollars commission per lot.
FXTM Pros and Cons
Advantages of FXTM
The advantages of FXTM are listed below.
- User-Friendly Platform
- Fast Customer Support
- Low Minimum Deposit
Disadvantages of FXTM
The disadvantages of FXTM are listed below.
- Withdrawal Fees
- Limited Product Range
- Inactivity Fees
About FXTM
FXTM, also known as ForexTime, is a global forex and CFD broker founded in 2011. FXTM offers trading on currencies, commodities, indices, stocks, and cryptocurrencies through MetaTrader 4, MetaTrader 5, and proprietary platforms. FXTM is regulated by multiple authorities including CySEC, FCA, and FSC Mauritius. FXTM is known for low spreads, fast execution, and extensive educational resources. FXTM serves over 2 million clients worldwide. The FXTM CEO is Nicholas Defteras.
FP Markets
(Best copy trading Forex broker for Myfxbook AutoTrade)
FP Markets is the seventh best copy trading platform due to its Myfxbook AutoTrade integration for copying hand-picked systems, ECN-style Raw accounts with EUR/USD spreads typically from 0.0–0.3 pips plus about $6 per lot commission, and low $100 minimum deposit on MT4/MT5 accounts even though AutoTrade itself usually requires at least $2,000 in available equity. FP Markets is a very good choice for traders who want Myfxbook AutoTrade, because they can link an MT4 or MT5 account, select verified strategies with long public track records on Myfxbook, and rely on the broker’s fast NY4 and LD5 servers to reduce slippage and keep copied trade prices close to those achieved in the provider’s account. The Myfxbook AutoTrade integration of FP Markets provides traders with a largely hands-off way to mirror high-performing systems, while still trading through FP Markets’ tight-spread ECN accounts and its established regulatory framework.
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FP Markets Features
The features of FP Markets are listed below.
- FP Markets enables copy trading mainly through Myfxbook AutoTrade so clients can link their MT4 or MT5 accounts and automatically copy top performing systems from the Myfxbook network.
- FP Markets typically requires around 2000 dollars balance in the trading account to activate Myfxbook AutoTrade which sets a higher entry level for its copy trading service.
- FP Markets also offers social trading options through its FP Social Trading app using Pelican and Signal Start so clients can follow and copy other traders signals.
- FP Markets is regulated by ASIC, CySEC and the FSCA which supports the security of funds for traders using its copy trading integrations.
- FP Markets has a minimum deposit of 100 dollars for MT4 and MT5 Standard and Raw accounts which applies before clients can connect to copy trading services.
- FP Markets provides MT4, MT5, cTrader, IRESS, WebTrader and TradingView with Standard EUR USD spreads around 1.0 to 1.2 pips and Raw spreads near zero plus 6 dollars commission per lot.
FP Markets Pros and Cons
Advantages of FP Markets
The advantages of FP Markets are listed below.
- Broad Instrument Offering
- Competitive Spreads
- Multiple Trading Platforms
Disadvantages of FP Markets
The disadvantages of FP Markets are listed below.
- High Fees for International Withdrawals
- Outdated Platform Design
About FP Markets
FP Markets is an Australian-based global forex and CFD broker founded in 2005. FP Markets offers trading on over 10,000 instruments including forex, stocks, indices, commodities, and cryptocurrencies. FP Markets provides MetaTrader 4, MetaTrader 5, and proprietary platforms. FP Markets is regulated by multiple authorities including ASIC, CySEC, and FSA. FP Markets is known for tight spreads, fast execution, and extensive educational resources. The FP Markets CEO is Craig Allison.
Darwinex
(Best copy trading Forex broker for advanced investors)
Darwinex is the eighth best copy trading platform thanks to its DARWIN asset model that converts trading strategies into risk-adjusted investable products with a 20% performance fee on new profits (15% to the trader and 5% to Darwinex), institutional-grade analytics including DARWIN scores and detailed attributes for each strategy, and FCA- and CNMV-regulated broker accounts with raw EUR/USD spreads from about 0.0–0.2 pips plus roughly $5 per lot commission and a $500 minimum first deposit. The DARWIN asset model at Darwinex makes it a good option for advanced investors seeking copy-style exposure, since they can construct portfolios of DARWINs similar to investing in funds, rely on algorithms to normalize each strategy’s risk, and monitor which traders receive additional DarwinIA capital allocations, using these awards as an extra signal of which strategies Darwinex considers consistently robust. Darwinex’s DARWIN asset model offers traders a more stable risk profile by automatically adjusting the risk of underlying trading accounts to a target volatility level before investor capital is linked to the strategy.
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Darwinex Features
The features of Darwinex are listed below.
- Darwinex offers a copy trading model where investors buy DARWINs that track traders strategies with risk adjusted performance instead of copying each individual trade.
- Darwinex applies a performance fee of 20 percent on profits generated by a DARWIN with 15 percent paid to the trader and 5 percent to Darwinex under a high water mark system.
- Darwinex provides detailed analytics, scores and attributes for each DARWIN so investors can evaluate strategies and build diversified portfolios of multiple DARWIN assets.
- Darwinex operates as both a broker and asset manager regulated by the UK Financial Conduct Authority and the Spanish CNMV which governs its copy trading and investment services.
- Darwinex requires a minimum first deposit of 500 dollars or euros and offers raw EUR USD spreads often between 0.0 and 0.2 pips plus about 5 dollars commission per lot.
- Darwinex allows strategy providers to trade through MetaTrader 4 and MetaTrader 5 while investors manage DARWIN portfolios through a dedicated web based platform.
Darwinex Pros and Cons
Advantages of Darwinex
The advantages of Darwinex are listed below.
- Access to Seed Capital
- Flexible Trading Environment
- Advanced Risk Management Tools
Disadvantages of Darwinex
The disadvantages of Darwinex are listed below.
- Monthly Subscription Fees
- Not user-friendly
- Performance-Based Limitations
About Darwinex
Darwinex is a global broker and asset management company founded in 2012, offering trading on forex, CFDs, stocks, and other financial instruments. Darwinex provides MetaTrader 4, MetaTrader 5, and proprietary platforms. Darwinex is regulated by the FCA in the UK and CNMV in Spain. Darwinex is known for its unique DARWIN assets, which allow investors to copy successful traders’ strategies. Darwinex recently launched Darwinex Zero, a subscription-based trading platform. The Darwinex CEO is Juan Colón.
NAGA
(Best copy trading Forex broker for beginners)
NAGA is the ninth best copy trading platform because of its Autocopy-centric social trading interface with leaderboards, news feeds, and in-app messaging, low entry requirements with basic Iron accounts effectively starting from about €50–$50, and a tiered account structure where EUR/USD spreads tighten from roughly 1.7 pips on Iron to around 1.2 pips on Gold and about 0.7 pips on Crystal. NAGA is a good choice for beginners in copy trading, since its web and mobile apps make it simple to browse top traders by win rate and returns (for example strategy providers with long, consistent track records), start copying with a single click, and reward signal providers with fixed copy commissions on profitable trades, encouraging them to maintain performance and manage risk responsibly. The Autocopy-centric social trading interface of NAGA helps traders with discovering, following, and interacting with experienced investors in a feed-based interface, so beginners can observe how strategies behave over time before increasing their own risk and position sizes.
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NAGA Features
The features of NAGA are listed below.
- NAGA centers its trading platform around the Autocopy feature which lets clients automatically copy the trades of other NAGA traders with a single click.
- NAGA maintains leaderboards and social feeds where users can analyze top traders performance, risk level and number of copiers before deciding whom to copy.
- NAGA rewards successful signal providers with copy commissions paid per profitable copied trade which encourages traders to share strategies and trade actively.
- NAGA serves EU clients through NAGA Markets Europe regulated by CySEC with services passported into countries such as Germany under BaFin oversight.
- NAGA uses a tiered account structure from Iron through Bronze, Silver, Gold, Diamond and Crystal where higher balance tiers receive narrower EUR USD spreads such as about 1.7 pips on Iron and around 0.7 pips on Crystal.
- NAGA allows entry level trading and copy trading from deposits around 50 dollars with accounts available on MT4, MT5 and the proprietary NAGA web and mobile apps plus a demo account.
NAGA Pros and Cons
Advantages of NAGA
The advantages of NAGA are listed below.
- User-Friendly Platform
- Social and Copy Trading Features
- Diverse Asset Selection
Disadvantages of NAGA
The disadvantages of NAGA are listed below.
- High Spreads
- Limited Account Types
- No US Clients
About NAGA
NAGA is a German fintech company founded in 2015, offering social trading and investing services across forex, stocks, cryptocurrencies, commodities, and indices. NAGA provides a proprietary trading platform alongside MT4 and MT5. NAGA is regulated by CySEC and listed on the Frankfurt Stock Exchange. NAGA is known for its social trading features and copy trading functionality. The NAGA CEO is Michael Milonas since 2024.
Comparison of the best copy trading platforms
The table that compares the best copy trading platforms is shown below.
| Platform | Main regulators | Copy trading model type | Minimum capital required for copy trading (USD) | Copy trading fee model | Main copy trading interface |
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| eToro | FCA (UK), CySEC (Cyprus), ASIC (Australia) | In-house CopyTrader (trade mirroring) | $200 | Spread-based trading costs (no separate copy fee noted) | eToro proprietary web/mobile (CopyTrader) |
| AvaTrade | Central Bank of Ireland, ASIC, CySEC, FSCA, ADGM (UAE), BVI FSA | Mixed: AvaSocial + ZuluTrade + DupliTrade | $100 (DupliTrade $2,000) | Standard spreads/fees (no separate copy fee noted) | AvaSocial app; MT4/MT5 via ZuluTrade/DupliTrade |
| IC Markets | ASIC, Seychelles FSA, CySEC, FSCA | Third-party copy + IC Social (Pelican) | $200 (recommended) | Standard spreads/commissions (no separate copy fee noted) | IC Social app; cTrader Copy; ZuluTrade/Myfxbook |
| Pepperstone | ASIC, FCA (UK), CySEC, DFSA, BaFin | Third-party copy: DupliTrade + MetaTrader Signals (Signal Start) | $0 (DupliTrade needs AUD $5,000) | No extra fee from broker; normal spreads/commissions apply | DupliTrade; MT4/MT5 Signals / Signal Start |
| ZuluTrade | HCMC (Greece), JFSA (Japan) | Standalone signal marketplace (Classic or Profit Sharing) | $100 | Classic: spread markup; Profit Sharing: 20% performance fee | ZuluTrade platform/dashboard (broker-linked) |
| FXTM | CySEC, FCA (earlier license), FSCA, FSC (Mauritius) | In-house FXTM Invest (copy Strategy Managers) | $10 | Profit Share performance fee (percentage of profits) | FXTM Invest dashboard (web/app); MT4/MT5 |
| FP Markets | ASIC, CySEC, FSCA | Third-party copy: Myfxbook AutoTrade (+ Pelican/Signal Start) | $2,000 | No extra platform fee for AutoTrade; normal spreads/commissions apply | Myfxbook AutoTrade (MT4/MT5-linked); FP Social app (Pelican) |
| Darwinex | FCA (UK), CNMV (Spain) | DARWIN investable asset model (risk-normalized copying) | $500 | 20% performance fee on profits (high-water-mark based) | Darwinex web investor platform (DARWINs) |
| NAGA | CySEC, BaFin (passport/registration) | In-house Autocopy social trading | $50 | Spread-only (tiered); no direct copy fee noted; providers receive copy commission | NAGA Web App / mobile (Autocopy); MT4/MT5 optional |
Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
The best copy trading mobile app is eToro. eToro offers a proprietary all-in-one mobile trading and social app where the built-in CopyTrader system enables one-tap copying of Popular Investors and a seamless switch between a $100k demo and live copy portfolios. The combination of a social-style interface, instant copy functionality and easy demo-to-live transition on eToro helps mobile traders test strategies safely, discover profitable investors quickly, and manage copied positions efficiently while on the move.
Mobile copy traders look for an intuitive social interface, powerful in-app copy tools, and flexible capital requirements for small starting portfolios in the best copy trading mobile apps. NAGA offers a social trading-focused mobile app with integrated news feed and Autocopy, an in-app leaderboard with performance and risk metrics, and low entry capital with tiered accounts that make it an alternative to eToro and position it among the best Forex broker mobile app choices for copy-focused traders. A similar alternative to eToro is AvaTrade for its AvaSocial dedicated mobile copy-trading app, tight integration between AvaSocial, AvaTradeGO and MT4/MT5, and access to several social networks (AvaSocial, DupliTrade, ZuluTrade) within a mobile-friendly ecosystem.
The best copy trading platform for beginners is eToro. eToro combines an intuitive social-style interface that first-time traders can navigate easily, a CopyTrader system that lets beginners automatically mirror Popular Investors, and a free $100k demo account with modest minimum funding. These features provided by eToro help novices learn how copy trading works without stress, practise on virtual funds before risking real money, and then transition to live investing with a simple, guided experience.
For new traders, the best copy trading platforms typically offer a simple investor dashboard, low minimum deposits, and copy features that can be started or stopped with just a few clicks. FXTM is a good alternative to eToro as best Forex broker for beginners since it offers the FXTM Invest programme for copying Strategy Managers through a straightforward investor interface, the ability to start or stop copying at any time for clear risk control, and low minimum deposits on Micro accounts via MT4/MT5 and FXTM Trader, giving beginners an accessible route that competes directly with eToro. NAGA is another good substitute for eToro because its social trading feed and trader profiles help beginners find experienced traders, one-click Autocopy mirrors their positions without complex setup, and low entry requirements plus demo accounts allow novices to experiment and scale their copy trading at a pace that can match the learning curve eToro provides.
The best copy trading platform for crypto is ZuluTrade. ZuluTrade supports copying crypto trades as well as forex and other CFDs through a network of connected brokers, offers an extensive marketplace of crypto-focused signal providers with detailed performance and risk statistics, and includes ZuluGuard and other risk tools to protect copy portfolios. These crypto-specific tools and safeguards on ZuluTrade allow traders to identify high-performing crypto strategies, understand their risk profiles, and mitigate large drawdowns in volatile digital-asset markets.
A broad range of supported coins, robust social or signal marketplaces, and risk controls tailored to high volatility offered by the best crypto copy trading platforms are highly regarded by traders in digital asset markets. eToro offers similar features to ZuluTrade like a multi-asset social trading platform with many major cryptocurrencies, a CopyTrader system for automatically mirroring top crypto investors, and a wallet-like web and mobile interface that simplifies tracking and adjusting copied crypto holdings, making it a particularly suitable Forex broker for crypto. A similar alternative to ZuluTrade is NAGA for its cryptocurrency trading alongside FX and CFDs in one social platform, Autocopy feature that automatically mirrors crypto-focused traders, and tiered accounts with relatively low starting deposits that let users test and grow copied crypto strategies.
The best copy trading platform for futures is IC Markets. IC Markets provides ECN-style trading with deep liquidity and ultra-tight spreads on indices and commodities CFDs linked to futures markets, multiple copy solutions such as ZuluTrade, Myfxbook AutoTrade, cTrader Copy and IC Social, and fast execution on MT4, MT5 and cTrader that appeals to high-frequency systems. These characteristics of IC Markets help copy traders follow futures-style strategies with low transaction costs, institutional-grade pricing, and execution speeds that can keep up with active algorithmic traders.
For futures-style copy trading, top platforms generally offer tight spreads on index and commodity CFDs, a choice of professional copy networks, and advanced platforms suited to high-volume strategies. FP Markets is a good alternative to IC Markets because it provides Raw ECN accounts with spreads from 0.0–0.3 pips plus competitive commissions, Myfxbook AutoTrade integration for copying systems that trade forex and futures-linked indices and commodities, and a broad platform range (MT4, MT5, cTrader, IRESS) that offers both standard and DMA-style access in competition with IC Markets. Pepperstone is another compelling substitute for IC Markets since its Razor account delivers near-zero spreads with low commissions on index and commodity CFDs, while DupliTrade and MetaTrader Signals open the door to professional strategies trading futures-related markets, giving traders a high-quality alternative when they want something similar to IC Markets’ futures environment and position it among the leading futures trading brokers.
The best copy trading platform with a low spread is IC Markets. IC Markets’ Raw Spread accounts offer EUR/USD spreads from 0.0 pips plus low per-lot commissions, while its Standard accounts keep average EUR/USD spreads around 0.8–1.1 pips, and these pricing structures are combined with several copy solutions including ZuluTrade, Myfxbook AutoTrade, cTrader Copy and IC Social. This cost-efficient setup at IC Markets lets copy traders keep trading expenses minimal, choose the account model that suits their strategy, and still access a rich ecosystem of systems and signal providers to follow.
Raw or near-zero pricing, competitive commissions, and social or automated copy integrations are often featured in the best low-spread copy trading brokers. A similar alternative to IC Markets is FP Markets for its Raw ECN accounts that typically deliver EUR/USD spreads between 0.0 and 0.3 pips with about $6 round-turn commission, Standard accounts starting from roughly 1.0 pip with no commission, and Myfxbook AutoTrade connectivity that lets copiers exploit these tight spreads. Pepperstone offers a Razor account that frequently quotes 0.0-pip raw spreads on major pairs with all-in costs around 0.3 pips, a Standard account keeping EUR/USD near 1.1 pips commission-free, and social tools like DupliTrade and MetaTrader Signals that make it an alternative to IC Markets, which make it one of the top Forex brokers with low spread.
The criteria for choosing the best copy trading platforms are listed below.
- Regulation and safety: You should prioritise copy trading platforms that are tied to well regulated brokers such as eToro under FCA and CySEC, AvaTrade under the Central Bank of Ireland and ASIC, Pepperstone under FCA and ASIC, or FP Markets and IC Markets under ASIC and CySEC. Platforms like ZuluTrade and Darwinex operate as portfolio managers under EU regulators such as HCMC and FCA, which adds another layer of oversight. Favour entities that clearly state segregated client funds, investor compensation schemes and negative balance protection, and avoid using copy trading through lightly regulated offshore only entities.
- Copy model design: You should match the copy trading model to your goals. Integrated social brokers such as eToro, NAGA and FXTM Invest let you copy traders directly inside one brokerage account, which is convenient for beginners. Aggregator platforms such as ZuluTrade, DupliTrade, Myfxbook AutoTrade and cTrader Copy connect to many brokers and offer leaderboards with detailed statistics and risk metrics. Darwinex converts strategies into investable DARWIN assets with risk normalisation and charges a 20 percent performance fee on new profits, of which 15 percent goes to the trader and 5 percent to the platform. You should decide whether you prefer a social network style environment, a curated professional strategy list or an asset management style model with performance based fees.
- Trading and platform costs: You should calculate the all in cost of copying by combining spreads, commissions and any profit share or markup. For example, IC Markets Raw accounts can show EURUSD spreads near 0.1 pip plus about 7 USD per lot commission, while FP Markets Raw accounts often have 0.0 to 0.3 pip on EURUSD plus 6 USD per lot. In contrast, spread only brokers such as eToro or NAGA typically quote around 1.0 to 1.7 pips on EURUSD depending on account tier, and profit sharing models such as ZuluTrade Profit Sharing or Darwinex charge roughly 20 percent of profits. You should estimate your average monthly trading volume per copied strategy, convert all fees into cost per lot or cost per 10 000 units, and then compare platforms using that single numerical cost measure.
- Capital requirements: You should ensure that both the broker’s minimum deposit and the copy service’s minimum balance fit your budget and diversification plan. Entry level copy trading is possible on brokers such as FXTM, where Micro accounts can start from 10 to 50 USD, or NAGA, where basic tiers can begin around 50 EUR, and IC Markets and Pepperstone, where about 200 USD is typically recommended as a starting balance. More institutional style services such as DupliTrade or Myfxbook AutoTrade usually require 2000 USD or more in your brokerage account, and Darwinex often expects at least 500 USD or EUR as a first deposit. You should also allocate enough per strategy, as a rule of thumb, plan for at least 100 to 300 USD per copied trader so that position sizing and drawdowns remain manageable.
- Platforms and tools: You should favour copy trading platforms that provide both robust trading terminals and rich analytics on strategy providers. Multi platform brokers such as AvaTrade, IC Markets, Pepperstone and FP Markets support MT4, MT5, cTrader, WebTrader and mobile apps, while social first brokers such as eToro and NAGA offer proprietary web and mobile platforms with integrated feeds and one click copy. Specialist platforms such as ZuluTrade and Darwinex provide advanced dashboards with performance metrics, risk scores, drawdown charts and filters by return, volatility and time in market. You should test the demo account and verify that you can easily filter traders, inspect detailed statistics and monitor your portfolio in real time on both desktop and mobile.
- Execution and liquidity: You should prefer copy trading platforms that are connected to brokers with fast execution, deep liquidity and tight spreads so that your copied trades closely match the strategy provider’s results. ECN style brokers such as IC Markets and FP Markets route orders to liquidity pools and host servers in financial data centres like NY4 or LD5, which reduces slippage on fast markets. Low spread accounts, for example, raw spread accounts with spreads from 0.0 pips plus a fixed commission, reduce the tracking error between the master account and your follower account. You should check the broker’s average execution speed, requote policies and typical slippage during volatile periods to ensure that large follower volumes will not distort performance.
- Risk controls: You should only use copy trading platforms that allow fine grained control over risk at the account and strategy level. Tools such as ZuluTrade’s ZuluGuard, Darwinex’s volatility normalisation and risk manager and the allocation controls on FXTM Invest, NAGA Autocopy, DupliTrade or Myfxbook AutoTrade let you set maximum allocation per trader, equity based stop loss levels, maximum number of open positions and per trade size caps. You should configure these parameters so that no single strategy can cause more than a predefined percentage loss in your total equity, and you should regularly review drawdown statistics to adjust or stop copying underperforming providers.
- Community transparency: You should prefer copy trading platforms that provide transparent, multi year performance data and clear incentives for strategy providers. Platforms such as eToro, FXTM Invest, NAGA, ZuluTrade and Darwinex publish historical equity curves, maximum drawdown, win rate, average trade duration, number of copiers and sometimes assets under management for each trader or DARWIN. Many of these ecosystems reward top traders through Popular Investor style programs, copy commissions per profitable trade or performance fees, encouraging consistent behaviour. You should avoid platforms that show only short term returns without full risk statistics and instead rank providers by risk adjusted measures such as long term drawdown, Sharpe like ratios and stability of returns, not just headline percentage gains.
To compare fees across each copy trading platform before committing real capital, you should translate every charge into an all in cost per trade, measured as money per standard lot or per 1 000 units copied.
For spread-only brokers such as eToro or NAGA, you multiply the average spread in pips by the pip value, so a 1-pip EUR/USD spread costs about $10 per standard lot and the platform is paid entirely through that spread. For ECN-style accounts at IC Markets, Pepperstone, or FP Markets, you add the raw spread, for example 0.0 to 0.2 pips, to the commission, around $6 to $7 per lot, and convert that to an equivalent pip cost. For performance-fee models such as FXTM Invest, Darwinex DARWINs, or ZuluTrade profit sharing, you apply roughly 20 percent of net profits as an extra cost on top of normal trading fees. For platforms like ZuluTrade or DupliTrade that earn via higher spreads, you compare spreads on their copy-trading accounts with the same broker’s standard account and treat the spread difference as platform cost.
Include non-trading items such as withdrawal charges, inactivity fees, and currency conversion to calculate total trading costs, and validation can be done by observing real-time spreads in parallel demo accounts.
To see which features distinguish social trading from copy trading platforms, you should separate community functions from trade replication functions.
Social trading platforms such as eToro or NAGA behave like financial social networks, with public profiles, news feeds, comments, watchlists and rankings where you can study other investors’ activity without necessarily copying them. Copy trading is the subset focused on automatically duplicating trades in your own account, as in CopyTrader on eToro, FXTM Invest, ZuluTrade, DupliTrade or Myfxbook AutoTrade, where allocations and execution follow a chosen trader or strategy in real time.
In social trading the core value is information flow and idea discovery, so tools emphasise discussion threads, sentiment indicators and popularity metrics. In copy trading the core value is execution, so you get allocation sliders, proportional order sizing, risk caps and one click stop or pause controls.
Many modern ecosystems blend both. IC Markets and AvaTrade connect MetaTrader accounts to ZuluTrade so you browse leaderboards and then copy the selected providers automatically. Darwinex goes further by wrapping trader performance into investable DARWIN assets and standardising risk, so you monitor them like portfolio positions rather than informal signals.
To decide whether you should prefer copy trading over mirror trading, you compare how much control and transparency you want over automated decisions.
Mirror trading traditionally links your account to a predefined algorithmic strategy, so every signal is executed automatically and you mainly select among rule based systems rather than individuals. Copy trading instead links you to an individual trader or portfolio and usually lets you adjust risk, close single positions, change allocation or stop copying at any time.
For most beginner and intermediate retail traders this granular control, plus the clearer attribution to a named strategy manager as on eToro, FXTM Invest or NAGA, makes copy trading the more suitable default. Mirror trading via curated strategy pools, similar to DupliTrade or some institutional style models, fits investors who explicitly want systematic rules and are comfortable treating the system as a black box. Regulators classify both models as forms of automated portfolio management, so leverage risk and the possibility of deep drawdowns are comparable and must be managed with the same seriousness.
In practice you usually choose copy trading if you want to start with modest capital, follow a few transparent traders and intervene when performance deteriorates, and you reserve mirror trading for long tested algorithms whose behaviour you are willing to accept with minimal ongoing input.
To judge what platform tools a copy trading platform must offer for effective trade monitoring, you should look for a complete set of position, performance and risk controls.
At the position level you need real time visibility of every open and pending trade including instrument, size, entry, stop loss and take profit, as delivered by networks such as ZuluTrade, Myfxbook AutoTrade and cTrader Copy when linked through brokers like IC Markets or FP Markets.
At the strategy level you require dashboards showing equity curves, monthly and yearly returns, maximum drawdown, win rate, trading days and trade frequency, similar to the statistics viewed in FXTM Invest and Darwinex strategy or DARWIN pages.
Robust risk controls are essential, for example global and per trader equity stops, capital protection tools such as ZuluGuard and quantified risk measures like value at risk based scores or risk ratings for DARWINs and eToro Popular Investors.
Effective monitoring also needs history filters and export, so you can review closed trades by symbol, direction or provider and analyse them independently. Alerting features such as push notifications on drawdown thresholds or sudden changes in behaviour, plus the ability to pause or close any copy link from the same screen, complete the minimum toolkit for serious oversight on any modern trading platform.
To decide how much money you should start with on a copy trading platform as a beginner, you combine broker minimums with conservative risk management and assume you can afford to lose the entire amount.
Technically many brokers let you start around 50 to 200 USD for example NAGA and FXTM micro or cent accounts, while eToro commonly requires about 200 USD to begin copying a single investor and a small per position minimum. Very small balances under 100 USD are useful for learning mechanics but rarely allow proper diversification and often force you into oversized risk per trade.
A practical educational starting point is typically 200 to 500 USD on low minimum platforms, provided this is truly disposable capital and you keep position sizes tiny. Amounts around 500 to 2 000 USD become appropriate once you understand drawdowns and want to copy several strategies with conservative risk, and they are required for services such as DupliTrade or some Myfxbook AutoTrade portfolios that mandate roughly 2 000 USD minimum balance.
For more specialised environments such as Darwinex, where the minimum deposit is about 500 USD, you should also be comfortable with higher volatility and longer holding periods. Whatever level you choose, start on a demo, then fund only enough to risk at most one to two percent of equity per underlying trade.