Copy trading platforms

[jimmysmith]

There are still very few known copy trading platforms, so here I tried listing a few platforms that you can try out. The list is not in any order. So, if you have any experience using these platforms, or want to share one that you know, please feel free to add your views!

ZULUTRADE - https://www.zulutrade.com/

The most advanced copy trading platform that you will see aspiring traders are using nowadays.

Broker offering services: AAAFx, Avatrade, FXChoice, Fxview, GlobalPrime, IC Markets, Tickmill

Compatibility trading platform: MT4

MYFXBOOK - https://www.myfxbook.com/

Myfxbook also offers copy trading, and it includes several different tools specially designed to enhance the ability to copy trades.

Broker offering services: Fusion Markets, Fxview, Go Markets, IC Markets, Pepperstone, Tickmill

Compatibility trading platform: ActTrader, cTrader, NinjaTrader, MT4, MT5

DUPLITRADE - https://www.duplitrade.com/

An MT4 compatible platform that allows traders to follow the trades of other professional traders through their platform also, accessing custom trading techniques from the strategy providers.

Broker offering services: AvaTrade, AxiTrader, FusionMarkets, Fxpro, IC Markets, Moneta Markets, Pepperstone, VantageFX

Compatibility trading platform: MT4

FOREX COPIER - https://forexcopier.com/

ForexCopier allows you to copy trades from one account to multiple accounts, and also, has the ability to copy trades to an MT4 account from an MT5 account and vice-versa.

Broker offering services: Avatrade, Forex com, FXTM, IG, Oanda, Pepperstone, RoboForex, SwissQuote, XM

Compatibility trading platform: MT4, MT5

MIRRORTRADER - https://www.tradency.com/mirror-trader

Started back in 2005 with the motive of providing an edge to the retail traders by copying the way of the trades by the professional traders.

Broker offering services: FXPRIMUS, XTB

Compatibility trading platform: Mirror Trader, MT4, MT5, Ninja Trader, Trade Station

DUPLIKIUM - https://www.trade-copier.com/

It is a cloud based platform that allows traders to copy trades from a master account to multiple copier accounts.

Broker offering services: FXCM, LMAX

Compatibility trading platform: MT4, MT5, cTrader

MQL5 - www.mql5.com/en/signals

MT4 is the oldest and still the most popular trading platform among the traders out there. Through MQL5, one can start copy trading by choosing any of the professional traders under the signal section.

Broker offering services: AvaTrade, Fxpro, Fxview, IC Markets, IG, Pepperstone, Tickmill

Compatibility trading platform: MT4, MT5

ETORO - https://www.etoro.com/copytrader/

Making it easier for the beginner to copy the trades of experienced users with a click of a button.

Broker offering services: eToro

Compatibility trading platform: N/A

P.S.- When copying someone’s trades, it is important to understand that the past performance doesn’t guarantee a good performance in the future. As always, DYOR!

Good list! Would definitely go through it.

 

[Swiss_cheese]

I've tried a few of them in the early days without a great deal of success. Maybe I followed the wrong traders!

 

[PeterNguyen]

picking the right traders for copy trade can be difficult, you need to check their performance carefully like their profit over time, max drawdown.

 

[trost_samantha]

This is a good way for lazy traders to lose money.

Yeah for people like me , a good way tho to still be in touch with the market and for some extra income beyond the cubicle.

 

[stanley_west_56]

Has anyone tried copy trading here? Can a newbie earn from it?

 

[Sim21on]

Has anyone tried copy trading here? Can a newbie earn from it?

When you sign up, you are totally dependent on the trading skills of the trader of whom you will copy trades. The best you can do is find a trader with minimum draw down and the art of choosing traders wisely comes with regular practice on demo account. For a few months now, I have been copying trades on zulutrade. Sometimes I have experienced both significant returns and losses. Therefore, earning depends on how much risk you are willing to take as well as which traders' strategies you choose to copy.

 

[stanley_west_56]

When you sign up, you are totally dependent on the trading skills of the trader of whom you will copy trades. The best you can do is find a trader with minimum draw down and the art of choosing traders wisely comes with regular practice on demo account. For a few months now, I have been copying trades on zulutrade. Sometimes I have experienced both significant returns and losses. Therefore, earning depends on how much risk you are willing to take as well as which traders' strategies you choose to copy.

Thanks for sharing will check it out!

 

[PeterNguyen]

copy trading can be good for a beginner if they manage to find a good strategy that they can follow, definitely looks for one with consistent profit and low drawdown so it's safer to invest your money.

 

[345Antoinette]

I'm interested in copytrading, but I'm not sure on what criteria I should select a reliable signal provider?

 

[FahadMd]

the success of copy trading depends on other , so i dont like this policy.