Best copy trading Platform In 2022

ByDavid

Copy trading is the technique of leveraging social platforms, automated tools, and indicators to replicate another trader’s holdings. Copy trading is famous among forex traders and can be found on a variety of third-party platforms, like MetaTrader 4.

 

In this article, we recommend you the best copy trading platform available.

 

Best copy trading platform:

  • AvaTrade

 

AvaTrade, established in Ireland and authorized by the Central Bank of Ireland in Europe, is among the top forex copy trading systems available. Only a handful of major forex firms offer stable spread FX trading. You can select from a wide variety of copy trading and online networks at Avatrade.

 

This is one of the greatest copy trading tools for duplicating trading operations from one brokerage account to another in actual time. It can be accessed directly from the Meta-Trader 5 interface. The service premise is straightforward, the trader makes the transactions public, and other people can subscribe to this indication. It executes trades on subscribers’ trading accounts instantly.

  • Trade360

 

Trade360 does not provide direct copy trading, but it has created a CrowdTrading system, which is integrated into its own WebTrader. It keeps track of trading operations for its users and notifies traders when trading and order volume spikes. The data is accessible in the WebTrader’s sidebar, along with a button to open a transaction in the asset. 

 

Traders can also utilize the MT5 trading platform’s copy trading feature, which enables algorithmic trading. The educational information will assist new traders, and Trade360 has devoted one course to trading behavior, something many brokers overlook.

  • FXTM

 

FXTM is accessible including over 2,000,000 traders and boasts exceptional performance figures, as validated by PricewaterhouseCoopers Limited, a Big Four accounting firm (PwC). The commission-based cost framework is still one of the most trader-friendly of any broker, and the Loyalty Program, which is restricted to $10,000, enables committed traders to greatly cut prices.

 

FXTM Invest specializes in copy trading, and the company has created a guide on how to optimize profits. FXTM’s training is a major focus, and it was named Best Education Provider 2020 and considered the best international broker. It also conducts high-quality research to broaden its product offerings.

  • ZuluTrade

 

Over 40 forex brokers are supported by ZuluTrade, one of which is their integrated service (AAAFx). It makes it simple for investors with current brokerage accounts to connect a new profile to their current broker.

 

This is one of the top copy trading systems, as it allows you to select brokers by least deposit, mobile help, and other factors. ZuluTrade also enables users to log in via Facebook, which is helpful for individuals who monitor their accounts on a frequent basis.

  • eToro

 

With over 13,000,000 traders, eToro is the most active trading community. Quality does not always equate to quantity, and 75.0 percent of eToro traders make less profit. It does mention that the fifty most-followed traders earned an average return of 29.1 percent in 2019, which is a fantastic achievement. The MT4 trading platform is not available on eToro. It is reliant on a unique alternative that does not accept third-party apps. CopyTrader and CopyPortfolios do permit quick copy trading.

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