{"id":2757,"date":"2022-05-30T04:47:00","date_gmt":"2022-05-30T04:47:00","guid":{"rendered":"https:\/\/www.publicfinanceinternational.org\/?p=2757"},"modified":"2023-10-08T09:17:00","modified_gmt":"2023-10-08T09:17:00","slug":"best-copy-trading-platforms","status":"publish","type":"post","link":"https:\/\/www.publicfinanceinternational.org\/best-copy-trading-platforms\/","title":{"rendered":"7 Best Copy Trading Platforms 2023"},"content":{"rendered":"\n

Copy trading, sometimes also called social trading, is an innovative investing strategy where users copy the trading activity of other, more successful investors. Copy trading is a great way to get started in the financial markets, as it allows you to learn from and copy the trades of more experienced, often professional traders.<\/p>\n\n\n\n

In this guide, we go over the best copy and social trading software and platforms<\/strong>. We base our research<\/a> on a variety of factors like security, safety, fees, trading platform, mobile app, customer service, investments available, and more.<\/p>\n\n\n\n

We\u2019ll also examine the risks associated with copy trading investing and its benefits to investors.<\/p>\n\n\n\n

Top Trading Platforms for Copy Trading in 2023<\/h2>\n\n\n\n

This roundup will look at the best<\/em> copy trading brokers available. You need to consider a few essential aspects before opening an account, such as fees and commissions, regulations, depositing and withdrawing money, and more – but we will talk more in-depth about those things later.<\/p>\n\n\n\n

Here is the list of the top copy trading platforms<\/strong>.<\/p>\n\n\n\n

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  1. eToro<\/strong> – Best Copy Trading Platform Overall<\/li>\n\n\n\n
  2. AvaTrade<\/strong> – Best Forex Copy Trading Platform<\/li>\n\n\n\n
  3. Pepperstone<\/strong> – Best cTrader Copy Trading Platform<\/li>\n\n\n\n
  4. ZuluTrade<\/strong> – Best Third-Party Copy Trading Software<\/li>\n\n\n\n
  5. IC Markets<\/strong> – cTrader Copy Trading Platform<\/li>\n\n\n\n
  6. Octa FX<\/strong> – Great Copy Trading Broker<\/li>\n\n\n\n
  7. Vantage FX<\/strong> – Forex Copy Trading Platform With AutoTrade<\/li>\n<\/ol>\n\n\n
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    Best Overall<\/p>\n\n\n

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    \"etoro<\/figure><\/div>\n\n
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    PFI Rating<\/strong> 4.9<\/p>\n\n<\/div><\/div>\n\n

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    \n\nVisit eToro<\/strong><\/strong><\/strong><\/span><\/path><\/svg><\/span><\/a>\n\n<\/div>\n\n\n

    {etoroCFDrisk}% of retail investor accounts lose money when trading CFDs with this provider.<\/strong><\/p>\n\n<\/div><\/div><\/div>\n\n

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    Best Trading App<\/p>\n\n\n

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    \"AvaTrade<\/figure><\/div>\n\n
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    PFI Rating<\/strong> 4.9<\/p>\n\n<\/div><\/div>\n\n

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    \n\nVisit AvaTrade<\/strong><\/span><\/path><\/svg><\/span><\/a>\n\n<\/div>\n\n\n

    76% of retail investor accounts lose money when trading CFDs with this provider.<\/p>\n\n<\/div><\/div><\/div>\n\n

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    Low Spreads<\/p>\n\n\n

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    \"Pepperstone<\/figure><\/div>\n\n
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    PFI Rating<\/strong> 4.9<\/p>\n\n<\/div><\/div>\n\n

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    \n\nVisit Peppersone<\/strong><\/span><\/path><\/svg><\/span><\/a>\n\n<\/div>\n\n\n

    74-89 % of retail investor accounts lose money when trading CFDs<\/p>\n\n<\/div><\/div><\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n\n\n\n

    Copy Trading Platforms in Detail<\/h2>\n\n\n
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    Our Top Pick<\/strong><\/div>\n\n\n
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    \"etoro<\/a><\/figure><\/div>\n\n
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    PFI Rating<\/strong>: 4.9\/5<\/p>\n\n<\/div><\/div>\n\n

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    1. eToro<\/h3>\n\n\n\n

    eToro is our choice as the best copy trading platform, as they are the largest and most popular software for copy trading<\/strong>. The platform was founded in 2007, and today, it is regulated by top-tier authorities, such as the Cyprus Securities and Exchange Commission (CySEC)<\/strong>.<\/p>\n\n<\/div><\/div><\/div>\n\n

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    \n\nLEARN MORE<\/strong><\/span><\/path><\/svg><\/span><\/a>\n\n<\/div>\n\n\n

    {etoroCFDrisk}% of retail investor accounts lose money when trading CFDs with this provider.<\/strong><\/p>\n\n<\/div><\/div><\/div>\n<\/div>\n\n\n

    eToro pioneered copy trading and grew immensely over the past years – they continue to lead the way for other social trading platforms.<\/p>\n\n\n\n

    They offer zero-commission real stocks, and their trading fees are low<\/strong>.<\/p>\n\n\n\n

    The minimum deposit is $50-$200<\/strong>, depending on the country you are signing up from. If you're just getting started in trading, then I can tell you that their demo account is excellent and comes with $100,000 in virtual funds, so you can practice your trading skills all you want.<\/p>\n\n\n\n

    The eToro CopyTrader platform is available in over 32 languages. It is available to anyone with a valid eToro account. eToro has a PC app available to download, as well as a web platform and mobile applications for both Android and iOS.<\/p>\n\n\n\n

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