Best Copy Trading Platforms in March 2025

Making consistent gains from online investing is no easy feat; especially if you only have limited experience. This is where copy trading can help. In a nutshell, you’ll automatically ‘copy’ a seasoned investor, with positions replicated wherever they trade.

However, choosing the right platform is crucial. This guide reveals the best copy trading platforms for 2025. My methodology covers everything from fees, trader pools, and available markets to safety, account minimums, and payments.

A Closer Look at the Top Copy Trading Platforms

Investors should choose carefully when exploring copy trading brokers. The leading platforms support thousands of verified traders, offer low fees, and provide access to many asset classes.

Read on to learn more about my top picks.

1. eToro – The Best Copy Trading Platform for Beginners

• Copy trading facilities: Direct
• Available markets: Crypto, stocks, ETFs, indices
• Fees for copy trading: No additional fees, just cover the standard commission/spread
• Minimum investment: $200

Launched in 2007, eToro is considered the de facto copy trading platform. You can choose from thousands of verified traders, each requiring a minimum investment of $200. Supported asset classes, including stocks, ETFs, and crypto. Available strategies cover scalping, day trading, swing trading, long-term investing, and more.

eToro doesn’t charge additional fees when copy trading. You just need to pay the standard trading commission. That’s 1% on crypto. Other assets can be traded on a spread-only basis. eToro is simple to use; getting started takes minutes, and you can deposit funds with a debit card or e-wallet.

Deposits made in USD, GBP, and EUR are processed fee-free. Another passive investing feature is smart portfolios. These are built and managed by eToro and popular categories including green energy, Big Tech, and eCommerce. In terms of safety, eToro has regulatory approval in multiple locations, including the US, the UK, Australia, and Europe.

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk.

2. Margex – My Top Pick for Copying Seasoned Crypto Traders

• Copy trading facilities: Direct
• Available markets: Crypto futures
• Fees for copy trading: Profit share, plus the standard commission/spread
• Minimum investment: $10

Margex is a crypto trading platform that specializes in perpetual futures. It’s a great option for copying seasoned crypto traders, especially those with expertise in derivative products. Margex supports about 50 futures markets, including Bitcoin and the best altcoins, such as XRP, Dogecoin, and Solana.

Margex’s copy trading service comes with a profit share. The percentage is selected by the trader. You also need to cover standard commissions. These amount to 0.019% or 0.06% per slide, depending on whether limit or market orders are placed. Margex also offers leverage facilities.

The largest-cap futures offer 100x, while less popular markets range between 25x and 50x. Accounts can be opened without providing personal information or a government-issued ID. Users can deposit funds with a debit/credit card. Multiple currencies are supported, including USD, EUR, GBP, and AUD.

3. OKX – Tier-One Crypto Exchange With Hundreds of Spot Trading Markets

• Copy trading facilities: Direct
• Available markets: Crypto
• Fees for copy trading: No additional fees, just cover the spread
• Minimum investment: $2

OKX is another good option for copying seasoned crypto traders. It’s a tier-one crypto exchange with millions of active traders. What’s more, OKX has a great reputation for safety and security. The platform supports hundreds of crypto assets, covering everything from Dogecoin, Shiba Inu, and Sui to Bitcoin, Cardano, and Pepe.

Copy trading tools are offered in-house, so you won’t need to use a third-party platform. Moreover, no additional fees apply. You only need to cover the standard commission, which never exceeds 0.1% per slide. Finding a trader is seamless, with key metrics including the win rate, profit and loss, and assets under management.

In addition to copy trading, OKX also offers automated bots. These also offer a passive experience, although you’re copying an algorithm rather than a human trader. What’s more, OKX is also popular for crypto derivatives. It supports options, delivery futures, and perpetual contracts. 100x leverage is offered on the largest markets.

4. Vantage Markets – Popular Copy Trading App With a $50 Minimum

• Copy trading facilities: Direct
• Available markets: Forex, commodities, crypto, stocks, indices
• Fees for copy trading: Maximum profit share of 50%
• Minimum investment: $50

Vantage Markets is a regulated broker offering copy trading apps for iOS and Android. It supports over 69,000 verified traders, covering a wide range of strategies. Investors can easily find a suitable trader without leaving the app. Performance metrics include profit and loss, risk score, and maximum drawdown.

Vantage Markets has a minimum copy trading investment of just $50. This makes diversification affordable for most budgets. Supported markets cover commodities, indices, stocks, and forex. The latter includes majors, minors, and exotics. One of the main drawbacks is the profit share, which can be as high as 50%.

This is determined by the respective trader. That said, standard trading fees are super competitive. For example, traders can avoid commissions when opening a standard account. Alternatively, raw ECN accounts offer spreads from 0.0 pips, with a small commission per slide.

5. AvaTrade – Regulated CFD Broker Offering Fee-Free Copy Trading

• Copy trading facilities: Direct
• Available markets: Forex, commodities, crypto, stocks, indices, options, ETFs, bonds
• Fees for copy trading: No additional fees, just cover the spread
• Minimum investment: $100

AvaTrade is a regulated CFD broker supporting over 1,000 financial markets. It’s licensed in nine different countries, ensuring a safe and secure environment. Asset classes include forex, commodities, crypto, stocks, indices, options, ETFs, and bonds. The copy trading service is offered via AvaSocial, which connects to the same AvaTrade account.

AvaSocial is available as a free mobile app for iOS and Android. The minimum deposit requirement is just $100. Deposits can be made via e-wallets, debit/credit cards, and bank transfers. AvaSocial also offers social trading features, allowing users to chat and follow like-minded investors.

No additional fees apply when copy trading. Moreover, all AvaTrade markets are offered at 0% commission. Investors simply need to cover the market spread. AvaTrade offers leverage of up to 1:400, but limits will be limited in certain regions (e.g. the EU and Australia). It also offers educational resources and a free demo account.

6. Pepperstone – A Great Option for Copying Short-Term Strategies

• Copy trading facilities: Third-party via MT4 and cTrader
• Available markets: Forex, commodities, crypto, stocks, ETFs, indices
• Fees for copy trading: Monthly subscription or profit share, depending on the platform
• Minimum investment: $0

Pepperstone is a CFD and spread betting platform with multiple regulatory licenses. It offers a safe and low-cost trading environment across the most popular asset classes. This includes everything from ETFs and crypto to stocks and forex. Global indices are supported too, including the FTSE 100 and Dow Jones

Pepperstone’s copy trading service is offered via MT4 or cTrader. This adds an extra step when getting started. Nonetheless, these trading platforms are used by seasoned traders, especially those deploying short-term strategies. This includes scalping, day trading, and trend trading.

Pepperstone offers commission-free and low-spread accounts, and there’s no minimum deposit required. However, fees are required when copying a trader. MT4 traders charge a monthly subscription averaging $30. Conversely, cTrader has a profit share, plus management and volume fees.

7. Trade Nation – Find Suitable Traders Through Transparent Data Metrics

• Copy trading facilities: Third-party via MT4
• Available markets: Forex, commodities, stocks, indices
• Fees for copy trading: Monthly subscription, determined by the MT4 trader
• Minimum investment: $0

Trade Nation is a popular trading platform that’s regulated in five countries. It offers a copy trading app for iOS and Android, although a connection to MT4 is needed. Nonetheless, the app is user-friendly – especially when finding a suitable trader. A wide range of performance metrics is available, including strategy, return on investment, and risk.

You can also choose traders based on their preferred market; Trade Nation supports forex, crypto, commodities, stocks, and indices. You can also choose how position sizes are calculated. Options include balance, equity, or lot size. Trade Nation also offers social trading tools.

These are ideal for discovering insights and broader sentiment from like-minded traders. I like that Trade Nation doesn’t have a minimum deposit requirement. Instant payment methods include debit/credit cards, Skrill, and Neteller. It also accepts the best cryptocurrencies to buy, such as Bitcoin, XRP, and Tether.

8. DupliTrade – High-Growth Trading Strategies Requiring a $2,000 Investment

• Copy trading facilities: Third-party, must be connected to a broker
• Available markets: Forex, commodities, crypto, stocks, ETFs, indices
• Fees for copy trading: Maximum profit share of 30%
• Minimum investment: $2,000

With a minimum investment requirement of $2,000, DupliTrade will appeal to investors with a large bankroll. This is a third-party platform that must be connected with a partnered broker. DupliTrade has a stringent verification process, meaning all its traders have been pre-vetted. This ensures you’re copying experienced traders with a proven track record.

Most traders focus on major and minor forex pairs, although crypto, stocks, indices, commodities, and ETFs are also covered. In addition to high minimums, DupliTrade traders charge a profit share of up to 30%. These fees are in addition to any trading commissions the connected broker charges.

9. NAGA – Build a Diversified Copy Trading Portfolio Across 4,000+ Markets

• Copy trading facilities: Direct
• Available markets: Forex, commodities, crypto, stocks, ETFs, indices, options
• Fees for copy trading: Maximum profit share of 15%
• Minimum investment: $250

NAGA is a licensed broker with direct copy trading facilities. It’s one of the best options for building a diversified portfolio. Over 4,000 markets are supported, including popular stocks like Apple, Amazon, and IBM. Not to mention indices, crypto, commodities, forex, and ETFs. NAGA is also one of the few copy trading platforms to offer options.

The minimum investment requirement is $250. Traders charge a reasonable profit share, capped at 15%. That said, each trading position costs $0.99. This can convert to a high percentage fee when trading with small amounts. NAGA accepts a wide selection of payment types, including Visa, MasterCard, Maestro, Neteller, and Skrill.

10. cTrader – Top-Rated Trading Platform Offering Algorithmic Strategies

• Copy trading facilities: Third-party, must be connected to a broker
• Available markets: Forex, commodities, crypto, stocks, ETFs, indices
• Fees for copy trading: Maximum profit share of 30%, 10% volume and management fee
• Minimum investment: Set by the respective trader

cTrader is one of the best copy trading platforms for replicating algorithmic strategies. This means you’ll be in the market 24/7, with orders placed autonomously based on the underlying code. cTrader is a third-party trading suite that connects to selected brokers. Comprehensive filters are available, allowing you to choose a strategy that aligns with your goals.

For example, you can rank algorithmic strategies by the return on investment, performance fee, asset class, daily drawdown, average trade duration, and equity. Do note that the minimum investment varies depending on the trade. Some require just $100 while others specify thousands of dollars. A profit share of up to 30% is charged, plus volume and management fees.

11. ZuluTrade – Beginner-Friendly Social Trading Site With 30 Million Users

• Copy trading facilities: Third-party, must be connected to a broker
• Available markets: Forex, commodities, crypto, stocks, indices
• Fees for copy trading: No additional fees, just cover the standard commission/spread (set by the connected broker)
• Minimum investment: Depends on the chosen broker

ZuluTrade is a good option for beginners seeking a user-friendly dashboard. Available on desktop browsers and a mobile app, ZuluTrade must be connected to a brokerage account. It supports multiple assets, including indices, stocks, forex, and crypto. Commodities like gold and silver are available too.

ZuluTrade – which is used by over 30 million people, provides access to more than 2 million traders. It doesn’t charge fees, so you only need to cover the commissions/spreads implemented by the respective broker. ZuluTrade is also a good option for social trading. You can connect with like-minded traders, ‘like’ posts, and discover investment insights.

12. IG – Gain Exposure to Experienced Forex Traders in a Low-Fee Environment

• Copy trading facilities: Third-party via MT4
• Available markets: Forex, commodities, crypto, stocks, ETFs, indices, interest rates, options
• Fees for copy trading: Monthly subscription, determined by the MT4 trader
• Minimum investment: $0 (bank transfers) or $50 (card payments)

IG is an established broker with regulatory approval in multiple countries, including the US and the UK. It’s one of the best options for copying seasoned forex traders via MT4. Dozens of pairs are supported, including majors, minors, and exotics. What’s more, forex is traded on a commission-free basis, with spreads starting from just 0.6 pips.

That said, you will need to pay a monthly subscription with the chosen MT4 trader. Nevertheless, IG supports thousands of other markets, ranging from options, indices, and stocks to ETFs, crypto, and interest rates. Deposits made with Visa or MasterCard require $50 or more. The minimum can be avoided when making a bank transfer.

What Is Copy Trading? Key Takeaways

These are the key takeaways to know about copy trading:

• Copy trading is an investment tool that supports passive investing
• You select a trader to copy and automatically replicate their trades
• So, if the trader invests in Bitcoin, so will you
• And, if they short-sell GBP/USD, you will do too
• Copy trading is ideal for beginners without trading experience
• It’s also suitable for time-starved investors who can’t actively monitor the markets
• Copy trading positions are proportionate to your original investment, meaning it’s suitable for all budgets

Ultimately, you can mirror an experienced pro when copy trading, whether that’s for stocks, commodities, indices, or crypto. However, the risks should also be considered; you’ll lose money if the trader being copied doesn’t perform well.

Copy Trading Explained: A Closer Look

The best way to understand copy trading is with a relatable example.

• Let’s say you invest $3,000 into a day trader who specializes in commodities
• That trader goes long on WTI crude oil, risking 10% of their portfolio
• You automatically follow the same trade, risking $300 (10% of your $3,000 investment)
• WTI crude oil has increased by 25%, so the trade exits the trade
• You make 25% on the $300 position, meaning a $75 profit

In terms of getting started, the process depends on the platform. For example, some copy trading platforms are also brokers, meaning they execute trades directly. This avoids the need to use third-party providers.

Conversely, some platforms only offer a copy trading interface, so they don’t work without being connected to a broker. This includes cTrader, DupliTrade, and ZuluTrade.

Fees should also be considered. Some platforms have a profit share, where a percentage of gains are kept by the trade. In other cases, such as AvaTrade and eToro, no additional fees apply.

What Assets Do Copy Trading Platforms Offer?

You can copy trade just about any asset, but the specific markets offered vary depending on the platform and/or broker. What’s more, the chosen trader will likely specialize in a specific asset, so this also needs to be considered.

At a minimum, most copy trading platforms support the following:

• Forex pairs like EUR/USD and USD/CHF
• Soft and hard commodities including gold, oil, and corn
• Stocks from major markets, such as the NYSE and NASDAQ
• Global indices from multiple countries
• Crypto assets like Bitcoin and Dogecoin

It’s also important to understand whether you’re trading real assets or derivatives. For example, eToro copy trading supports real stocks, ETFs, and crypto. AvaTrade only offers CFDs, which aren’t available in some countries (including the US).

Can You Make Money From Copy Trading

Copy trading is an investment tool, so the primary objective is to make consistent gains. However, this isn’t guaranteed. You’re merely replicating the trader’s positions, which could make or lose money.

For example:

• The trader buys Meta Platforms stock and cashes out at a 3% gain. In this instance, you’ve also made 3%.
• Next, the trade buys Bitcoin. However, the Bitcoin price declines by 15%, so the trader closes the position. As such, you’ve also lost 15%.

The key takeaway is that copy trading can make you money, but not all traders are successful. Once again, diversifying across several traders is a smart move. This is in addition to sensible stop-losses.

Selecting Traders to Copy: Key Points

Diversification is simple in practice. You simply need to spread the investment funds across multiple traders. However, knowing which traders to replicate can be challenging.

I’d suggest considering the following factors:

• Return on Investment: First, assess the return on investment (ROI). This is the total percentage gains since the trader started. Compare this to the market average (e.g. S&P 500 if they’re a stock trader).
• Average Monthly Profit/Loss: The ROI can be misleading, especially if the majority of profit was made in a short time frame. Therefore, it’s also wise to explore the average monthly profit/loss. This provides a holistic overview of the trader’s performance.
• Risk: Some traders adopt low-risk strategies, while others are more reckless. The best metric is the maximum drawdown. This shows the highest portfolio drop, based on the percentage decline from the previous peak. Some platforms offer a risk score, which is automatically determined by previous trades.
• Target Markets: It’s best to copy traders with expertise in your preferred markets. For example, some traders specialize in stocks while others prefer crypto.
• Trade Duration: The trade duration is the average time the trader keeps a position open. Short-term traders will have a duration of minutes or hours. Long-term investors will be months or years. This is important, as you should only copy traders who align with your preferred investment horizon;

The best copy trading platforms support the above metrics and more. This makes it seamless to find a suitable trader.

Copy Trading: Pros and Cons to Consider

These are the pros and cons of copy trading in 2025:

What Fees Do Copy Trading Platforms Charge?

Investigating fees is crucial when choosing a copy trading platform.

Ensure you check the following charges:

• Trading Fees: Like DIY trading, fees will apply whenever the trader buys and sells assets. These will be incurred in your trading account. The exact amount depends on the size of each position. For example, if you copy a $200 trade and the platform charges 0.5%, you’d pay a commission of $1.
• Profit Share: You might need to pay a profit share when the trader generates gains. For instance, suppose the profit share is 20% and they make $500. You’d keep $400 while the trader gets $100. Consider eToro or AvaTrade if you want to avoid profit shares; you’ll keep 100% of the net gains.
• Third-Party Fees: Some traders will opt for a third-party platform like MT4, DupliTrade, or cTrader, which can mean additional fees. For instance, MT4 has a marketplace, where traders can be copied for a monthly fee. cTrader charges a 10% management fee. This is based on the investment amount rather than net profits.
• Payments: Don’t forget to check payment fees. Some platforms charge fees for certain deposit methods or currencies. Withdrawal fees can also apply.

Is Copy Trading Legal?

Copy trading will be legal in your home country, as long as the respective assets being traded are permitted. For example, suppose you’re based in the US. You can legally copy traders involved in forex and stocks.

However, you can’t copy trade CFDs. This is because CFDs are banned in the US. Another consideration is the platform’s regulatory status. They must accept clients from your country of residence. Otherwise, your account will be closed.

Ultimately, the specific legalities vary from one jurisdiction to the next. Independent research is advised to ensure regulatory compliance.

Tips for a Positive Copy Trading Experience

These tips will ensure your copy trading experience is a positive one:

• Check the Minimum Requirement for Affordable Diversification: Investing in one trader is strongly discouraged. Instead, it’s wise to invest in at least five different traders; each specializing in a different strategy or financial market. However, affordability will depend on the minimum investment requirement. For instance, if you need to invest at least $100 but you only have $200, this means diversification will be limited to just two traders.
• Manually Set the Stop-Loss Limits: You can normally set the stop-loss limit when copying traders. For example, suppose you don’t want to lose more than 3% per trade. The position will be closed automatically if the 3% loss is triggered. This is the case even if the trader keeps their position open. Failing to set the stop-loss manually means you could lose more than you’re comfortable with.
• Be Prepared for Losing Trades: Even the best traders have losing runs. After all, every position can’t be successful. Ensure you understand the emotional side of losing trades. Constant monitoring is crucial; don’t be afraid to stop copying the trader if they no longer align with your goals.
• Start With a Demo Account: The best copy trading platforms offer a free demo account. This replicates the real markets, but you’re using virtual funds. This is a great way to get a feel for copy trading without risking money. eToro, for example, offers an unlimited demo account with replenishable balances.

Simple Guide on Getting Start With a Copy Trading Account

If you’re new to copy trading, the following steps explain how to get started with eToro. It offers a safe platform with thousands of verified traders, and the minimum investment is an affordable $200.

• Step 1: Register With eToro – Go to the eToro website and register an account. Personal information, contact details, and a government-issued ID are needed.
• Step 2: Deposit at Least $200 – You need at least $200 to copy other traders on eToro. Accepted deposit methods include PayPal, Visa, MasterCard, Skrill, and Neteller.
• Step 3: Choose a Trader – Now go to the ‘CopyTrader’ section and use the search filters. This will help you find a suitable trader. For example, you can focus on low-risk stock traders with a track record of at least two years.
• Step 4: Confirm Copy Trading Investment – You’ve chosen a trader, so click the ‘Copy’ button. Type the investment amount and confirm.
• Step 5: Monitor Performance – All future trades will now be replicated like-for-like. You can monitor the trader’s performance in the ‘Portfolio’ area.

Conclusion

Choosing the right copy trading provider is crucial. Key considerations include fees, available traders, and account minimums. eToro is a beginner-friendly option with thousands of traders.

It supports stocks, commodities, ETFs, crypto, and more. Getting started takes minutes and the minimum copy trade is $200. No copy trading fees apply, other than the standard commission and spread.

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk.

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.

Copy Trading does not amount to investment advice. The value of your investments may go up or down.Your capital is at risk.

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

FAQs

References

1. Copy Trading Definition (Investor.gov)
2. What is a Crypto Trading Bot? (Ledger)
3. Financial Risk Management Strategies (Corporate Finance Institute)
4. Why Diversification Matters (Fidelity)