Best Copy Trading Brokers in 2023

 

For more than a decade, the popularity of “Forex copy trading,” or investing in the currency market by emulating the actions of another trader, has increased, and an increasing number of Brokers have begun to offer the service to their clientele.

It’s not everyone’s destined calling to be a successful trader, nor do they have the luxury of devoting time to learning about the latest financial trends and terminology. Social trading can be a low-maintenance option for many people interested in investing.

How does copy or social trading work?

Copy trading is based on a deceptively simple premise: discover an investment strategy or trader that aligns with your objectives, and then imitate their trades. While you may need to tweak a few settings to fine-tune the amount and frequency of your trades, you can get started with a strategy in under a minute.

The following characteristics are at the top of our wish list while searching for the ideal Social Trading Broker: (1) access to a large variety of trading methods that the community has supplied; (2) in-depth examination of the historical performance of the strategy to make an informed selection.

Best Forex Brokers for Copy / Social Trading

Based on our review, here are the best forex brokers for copy trading.

Best Overall

Best Ctrader Copy

Best Myfxbook Partner

4/5
4.5/5
4/5

  • Fool proof platform

  • Extensive list of Instruments

  • Large comunity of investors to copy.

  • Fast Execution

  • Well Regulated

  • Low Spreads

  • Large comunity of Traders

  • Many Tutorials to help started

  • Directly on MT4 platform

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Best for Strategy Providers

Best Zulu trade Partner

Best For Begginers

4/5
4.5/5
3.5/5

  • Minimum investments

  • Extensive list of Instruments

  • Easy to navigate

  • High leverage

  • Well Regulated

  • Low Spreads

  • Easy to navigate

  • A varienty of Stocks and Crypto pairs

  • Fancy Platform

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