3 BEST Copy Trading Brokers in 2020-21

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Copy trading is a great entry point into the forex market, stocks, cryptocurrencies, and more as a trader.

This type of trading allows you full access to the offerings of many but without the need to actively trade yourself. This makes it perfect for new traders or those who do not have huge amounts of time to dedicate to trading.

Here we have put together 5 of the best copy trading brokers that provide access to a wide range of tools and the most respected trading platforms to help you get the most out of your copy trading experience.

XM

XM is one of the most recognizable names when it comes to forex brokers and those offering trading in CFDs.

They have been around since 2009 and grown into a hugely trusted and respected brand that is well-regulated around the world and provides trading in more than 1,200 assets.

If you are looking for XM copy trading options then you will have a couple of choices open to you. The most popular of these is to make the most of the Metatrader trading platform offered by XM.

Here you can use the EAs feature to import pre-developed or specially customized trading strategies from others in the industry.

This opens up a huge possibility for you as an XM trader to stay at the cutting-edge of copy and auto trading strategies in the sector.

This method of copy trading is fully accepted by XM and you can open an account for as little as $5 for a Micro account or $100 for a Standard Account.

Take a closer look at our XM review for more details on everything that this top industry broker name has to offer or visit XM.


AvaTrade

AvaTrade is a top European broker which has now become well known and respected around the world has been active in the industry for many years.

Since their foundation in 2006, they have greatly expanded their offering on a number of fronts and become an established name in the industry for many types of trading.

They are also a top choice if you are looking for a top-tier copy trading broker.

Whether you are trading forex or any of the other 200 or more assets made available on the platform you can find a style of trading to fit your needs. Copy-trading with Avatrade is primarily made available through the well-respected Duplitrade third-party copy trading platform.

The platform itself is extremely user-friendly and can be used seamlessly in tandem with your Avatrade account for a minimum deposit amount of $2,000.

This will enable you to engage in copy trading on all assets offered by the broker and with some great fixed spreads starting from 1.3 pips.

This is great if you are looking for fixed spread trading with Avatrade being one of only a few top forex brokers to offer such an opportunity.

To get started with Avatrade and for more details of this top broker you can check out our full Avatrade review or visit AvaTrade

eToro

eToro is perhaps one of the best-known names in the industry when it comes to copy trading brokers. Although they have evolved to offer a full range of services to all types of traders, their CopyTrader platform and offering remain integral to the brand.

For a low minimum deposit of just $200 you can get started copy trading with eToro through a platform that is recognized as one of the most user-friendly in the entire sector for copy trading.

You can copy top traders across all the assets offered as well as invest in pre-selected CopyPortfolios depending on your needs.

With eToro you will find a low-fee and completely transparent trading environment where you not only have the chance to copy other successful traders but you also have access to a range of detailed and easy to understand metrics when it comes to making your copy trading choices.

You can also apply to the broker to become a signals provider so other traders can copy you and unlock a commission for each new trader you have copying your trades.

If you are interested in getting started with one of the most esteemed copy trading brokers around then you can check out our full eToro review for more details or visit eToro.

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