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Best Copy Trading Platforms in 2025

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Copy trading, a form of social trading, enables new investors to automatically replicate the positions of experienced traders, even without financial market expertise.

With this hands-off way of trading becoming increasingly popular, this feature is now standard in the brokerage market. In this guide, we’ve selected and reviewed the best copy trading platforms available for global traders in 2025. We also explain what factors to consider when choosing a provider.

Editors' Choice

The Best Copy Trading Platform in 2024

  • Trade the most popular cryptocurrencies with a simple interface
  • Deposit with debit, credit, PayPal or bank transfer
  • Invest in stocks, ETFs, gold and bonds from the same account
Your capital is at risk.

Disclaimer: eToro is the only platform on this list that is currently available to US residents

The top copy trading platforms ranked

Here is a quick overview of our selection of seven copy trading platforms. Our picks range from beginner to advanced level, with a variety of different instruments supported by each broker.

  1. eToro: A mainstay in the online brokerage industry with more than 33 million registered users as of 2023. eToro is famed for its social nature and copy trading abilities – the feature is user-friendly and fully automatic.
  2. AvaTrade: Another trusted, globally-recognized brand, this time specializing in contracts for difference (CFDs) and forex. The platform’s copy trading feature, AvaSocial, supports stocks, forex, commodities, options and more.
  3. Trade Nation UK: For UK-based traders, through its proprietary TradeCopier app and powered by the MetaTrader platform, Trade Nation provides an automated, social trading service.
  4. Margex: This top cryptocurrency trading platform allows investors to start copying the trades of skilled traders, starting at just $10.
  5. MEXC: Top crypto exchange with over 10 million customers, MEXC offers a versatile copy trading platform. Users can choose traders to copy from depending on their trading strategies and risk appetites.
  6. Vantage Markets: With minimum deposits of just $50, Vantage Markets allows users to start copy trading directly from the mobile app.

Your capital is at risk.

A closer look at these top-ranked copy trading platforms in 2025

Let’s now take a closer look at each trading platform and its copy trading software. While the service offered by each broker is fundamentally similar, there is important information to cover in terms of fees, jurisdictions, asset classes and more.

eToro: The best copy trading platform overall

eToro has earned global acclaim and an industry-leading userbase since it launched in 2007, primarily due to its simple and accessible interface.

eToro's choice of most popular copy traders
Source: eToro

As an extension of this accessibility, the broker offers to its global community of traders a comprehensive copy trading feature, allowing users to emulate trades on all instruments, including stocks, forex, cryptocurrencies, options, and commodities.

In the US, eToro expanded its offerings of cryptoassets earlier this year to more than 100. Furthermore, it only facilitates investing in actual assets, such as shares and ETFs in the country, as CFD trading is banned in the US.

There are a number of different avenues for copy trading on eToro. The broker’s dedicated ‘CopyTrader’ dashboard displays several pre-selected categories, including ‘trending investors’, ‘most copied’, and ‘market outperformers’. You can select a specific trader from any of these lists and copy their trades instantly.

The CopyTrader dashboard also has a ‘find your match’ section for those seeking a slightly more tailored portfolio. Here, you can specify your risk level, desired timeframe and asset types, and choose a trader based on the search results. There are no additional fees or charges for copy trading beyond the spread and other fees related to each trade being copied.

Pros:

  • More than 7,500 trading instruments available
  • Globally-recognized brand
  • Highly accessible for beginners

Cons:

  • Inactivity fee after 12 months
  • Withdrawal fees

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

AvaTrade: The best copy trading platform for CFDs

Founded in 2006 and one of the official partners of the Aston Martin F1 team, AvaTrade is another well-known brand with a positive reputation.

screenshot of AvaTrade's copy trading video tutorial
Source: AvaTrade

The platform has a heavy focus on leveraged CFDs, with more than 1,000 on offer – these include stocks, ETFs, commodities, options, forex and crypto. The broker’s copy trading feature, AvaSocial, is hosted on a proprietary mobile application for Android and iOS.

The interface is simple and intuitive, allowing users to filter traders by their past performance and various other metrics before proceeding. Like eToro, AvaTrade does not charge any additional fees or commissions for using AvaSocial, again reinforcing it as a great option for beginner investors.

There is also a functionality to pose questions to traders before proceeding. This is a good example of the feature being geared towards accessibility, making it approachable for less experienced traders.

Disclaimer: AvaTrade is not available to US residents.

Pros:

  • No fees or commissions whatsoever
  • 24/7 customer support
  • Intuitive interfact

Cons:

  • Not available in the US
  • Minimum deposit of $100

Trade Nation UK: Forex-focused broker with proprietary app

Trade Nation is another forex-focused broker, again using its own mobile application, TradeCopier, to facilitate copy trading. It is for UK-based clients and regulated by the Financial Conduct Authority (FCA).

Source: Trade Nation

After downloading the app from the Google Play Store or App Store, investors must simply connect their Trade Nation MetaTrader4 account, and they’re good to go.

The experience of using TradeCopier is relatively seamless, with users able to select from various filters to specify their strategic requirements. While focused on Forex, users can also trade stocks, bonds, indeces and more using TradeCopier.

While forex fees are relatively high (0.6 EUR/USD spread), Trade Nation boasts low stock and index CFD fees, and zero fees for inactivity and withdrawal.

Pros:

  • No inactivity fee
  • Low stock and index CFD fees

Cons:

  • Lack of customer support
  • High forex fees

Margex – Top copy trading platform for cryptocurrencies

Launched in 2019, Margex has grown to become one of the top cryptocurrency trading platforms for derivatives and spot trading. One of its key features is the copy trading platform – which allows investors to replicate the trades of skilled traders without any prior trading experience. 

choosing traders to copy on Margex
Source: Margex

On the copy trading tool, Margex provides a leaderboard of all the available traders you can copy. This gives investors important information about the assets they trade, their all-time returns, their total trading equity, and the number of users that copy their trades. 

The investors sharing their trades invest in a variety of crypto tokens – including Bitcoin, Tether, Ethereum, XRP, and Tron. You have the chance to see the trader’s positions and choose which one to copy in accordance with your personal preferences. 

Margex offers a straightforward user interface – allowing you to copy the trades with just a click. Notably, you only need a $10 minimum deposit to start copy trading with Margex. 

Pros:

  • $10 minimum deposit
  • Supports crypto copy trading
  • Intuitive user-interface

Cons:

  • Copytrading supported only for crypto
  • Limited number of traders to choose from

MEXC – Highly versatile crypto copy trading platform

MEXC is a top cryptocurrency exchange that is used by over 10 million customers. It offers a highly versatile copy trading platform – allowing investors to copy the available traders based on their risk profiles, trading strategies, and more. 

screenshot of MEXC copy trade tutorial
Source: MEXC

Firstly, MEXC’s copy trading platform allows one to pick from nearly 400 skilled investors. On the MEXC platform, you can witness a mini-portfolio created for each of these investors – which highlights their total return on investment (ROI), Profit and Loss (PNL), and short-term returns. 

MEXC also highlights the trading strategies each investor follows. For instance, you can pick either a short-term or long-term trader. You can also select them based on their risk appetite – aggressive, stable, or low frequency. 

The broker has also created a list of the top traders on its copy trading platform – based on their total returns, 7-day returns, total win rate, followers, and much more. You only need to make a $5 deposit to start copy trading on the MEXC exchange. 

Pros:

  • $5 minimum deposit
  • Nearly 400 available traders
  • Different investment strategies to choose from

Cons:

  • Only for crypto trading
  • Not available in the US

Vantage Markets: Copy trading with a super quick sign-up process

Another CFD and forex-focused broker, Vantage Markets is known for having an exceptionally quick and simple account-opening process, with seamless deposits and withdrawals to match. Crucially, the broker also offers an excellent, beginner-friendly copy trading service, with a deposit of just $50 required to get started.

Vantage Markets' copy trading platforms
Source: Vantage Markets

Aside from its dedication to simplicity, what makes Vantage Markets’ copy trading service stand out is that it takes place entirely on Vantage, the broker’s proprietary mobile application. However, excessive display advertising can be a distraction and an annoyance for the user.

It should also be noted that, like other brokers, Vantage Markets offers compatibility with the suite of MetaTrader platforms, each with its own mobile apps.

Vantage Markets is another strong competitor when it comes to fees. It has no deposit, withdrawal or commission fees, and its minimum deposit amount is modest. There are also no additional fees for copy trading. However, Vantage Markets’ stock CFD fees can be rather high. For instance, a fee of nearly $7 will apply to an Apple CFD.

Disclaimer: Vantage Markets is not available to US residents.

Pros:

  • Low non-trading fees
  • No withdrawal or deposit fee
  • No inactivity fee

Cons:

  • High stock CFD fees
  • Adverts on the mobile app can be frustrating

What is copy trading?

Copy trading is an investment strategy that allows individuals to replicate the trades of experienced traders as they happen.

Numerous platforms allow experienced and successful traders to register as ‘signal providers’. By filtering based on risk appetite and other factors, platform users can select a signal provider to copy.

This method is particularly useful for inexperienced and tentative traders, as it allows them to establish a diversified investment portfolio whilst eliminating the process of manually selecting it.

But whilst convenient, copy trading has the potential to carry certain risks. For instance, regardless of past successes, there are no guarantees in the stock markets, and it is perfectly possible for the trades of signal providers to be unsuccessful.

Despite this, copy traders should still conduct their own research before committing to copying a signal provider.


The pros and cons of using copy trading software

As mentioned above, copy trading can be an excellent gateway into the financial markets for newcomers, but it can also be fraught with risks.

With that in mind, here are some of the major advantages and drawbacks of copy trading.

Pros:

  • Accessibility: Perhaps the most obvious advantage of copy trading is that it makes the financial markets accessible to those without deep knowledge or experience in the area. As a result, newcomers can establish a portfolio of investments and feel confident about their potential.
  • Diversification: This is one of the golden rules of building an investment portfolio, and should apply to any investment strategy. Following multiple experienced traders across various markets and asset classes is a great way to achieve this.
  • Learning opportunities: Observing the decisions of experienced traders and how they influence outcomes can be an excellent opportunity for inexperienced traders to learn the fundamentals of the markets. The patterns observed will likely inform the individual’s investment decisions in the future.

Cons

  • Lack of independence: Some experienced traders might argue that the best way to learn the financial markets is to make mistakes and learn by doing. By this logic, copy trading might promote a dependency on others, and not serve the individual in the long run.
  • Risk: While the trades of experienced investors are theoretically likely to be sound, there are no guarantees in the financial markets, and the risk of loss is still present. Based on this, it’s critical that rookie traders do not expect guaranteed success from copy trading.
  • Overcrowding: Perhaps the most prominent risk of copy trading is that certain strategies can become disproportionately popular, therefore impacting their effectiveness.
Methodology

How We Rate Brokers

We manually review the brokers on our list. Below are the key metrics we check before listing online brokers on the website. For further details, you can also take a look at our online brokers rating guide, featured on ValueWalk.

Regulations

We check that broker is licensed in the given jurisdictions. Regulations means the broker is licensed and authorized to provide financial services. We highlight if the broker is unlicensed.

Trading conditions

Brokers may offer different fees such as spreads, commissions, minimum trading volumes, withdrawal and deposit fees. We outline the fees charged by the broker for complete transparency.

Trading products and platforms

Online brokers may offer access to multiple markets such as Forex, stocks, futures, crypto, CFDs, etc. We examine the range of markets that are offered and trading platforms. A multi asset platform may appeal to more clients.

Customer support

When joining a broker, support is often needed from the broker. We examine the customer support availability, the channels support may be given, and whether support is given around the clock or tied to certain hours.

Education center

To ensure the brokers appeal to new traders, an education center is a must. Learning resources, market insights, and research tools. We assess the educational resources to ensure it meets our expectations.

How profitable is copy trading?

Like with any investment, copy trading can be profitable, but losses are also possible. Returns are dependent on how the trader you are copying performs.

Let’s look at an example:

Let’s suppose you invest $500 in a cryptocurrency trader. That trader generates a 20% gain after the first month. Excluding fees, this means your copy trading portfolio has grown to $600. That’s a $100 profit.

However, in the second month, the crypto trader makes a 20% loss. This reduces your portfolio balance to £480. You’re down $20 loss on your original $500 investment.

Your copy trading platform will display the performance of traders participating in their copy trading program, who are often referred to as signal providers, copied traders or popular investors.

The copy trading dashboard will also have other information on the traders to help you decide if their portfolio or strategy is the right fit for your objectives.


Diversification in copy trading to manage risk

To mitigate your risk, consider diversification by copying multiple traders who are invested in various assets and are applying different strategies.

This will limit your exposure to any single trader and ensure that gains in one part of your portfolio offset losses in another part, depending on the prevailing market conditions.


FAQs

What is the best copy trading platform?

Is copy trading profitable?

Can you copy trade in the USA?

How much money do I need to start copy trading?


References


Disclaimers:

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

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. Take 2 mins to learn more

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.

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At ValueWalk, we’re committed to providing accurate, research-backed information. Our editors go above and beyond to ensure our content is trustworthy and transparent.

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