There are a few reputable FX brokers that offer the best copy trading platforms to maximize profits. Copy trading is becoming increasingly popular among beginners looking to execute successful high-profit strategies. This unique trading method opens new opportunities to replicate profitable positions from experienced professionals automatically – without developing a personal strategy.
Of course, copy trading can help save time, effort, and personal capital while entering the market. As someone looking to trade forex, compare different copy trading platforms to follow the most experienced industry professionals. This way, you can get in touch with top investors, evaluate their past portfolio performance, and replicate the most profitable trades. Here are the top FX copy trading brokerage platforms to increase your earnings.
Best FX copy trading brokerage platforms
1. AvaSocial: Access A Range Of Trading Signals
First, AvaSocial is among the top-rated copy trading platforms to access a range of profitable signals. Before selecting signals, you can thoroughly compare a trader’s success rate, statistics, and portfolio performance. In addition, AvaTrade offers built-in support for WebTrader to access trading signals based on the latest trends.
With these signals, you can set suggested risk parameters to minimize losses. In addition to AvaSocial, you can also access third-party copy trading software to take advantage of the most potential trading signals – including ZuluTrade & DupliTrade. Choose AvaSocial to copy a range of trading signals and maximize your profits.
2. eToro: Diversify Trading Portfolios
Diversify your portfolio with eToro’s copy trading brokerage platform. With eToro, you can copy trades for a wide variety of asset classes – including stocks, forex, cryptocurrencies, and commodities. Even beginners like you can open a copy trading account with eToro for as low as $200, with zero commission, and no additional charges.
With a diversified selection, you can either copy traders focusing on a single asset or experienced professionals with diversified long-term portfolios. To diversify your investments, you can even copy multiple traders with different strategies. Ultimately, these diversification opportunities can help spread your risk across multiple financial markets. Indeed, eToro offers reliable copy trading software to diversify your portfolio for increased profits.
3. ZuluTrade: Beginner-Friendly Platform
Next, ZuluTrade is one of the best beginner-friendly copy trading software platforms to maximize earnings. You can directly find the most experienced industry professionals directly in ZuluTrade’s “Leader Section.” Simply select traders best suited for your trading goals, risk tolerance, and profit expectations – even if you’ve got limited skills.
Once you open an account, you can also choose between multiple ZuluTrade supported brokers. Moreover, you can apply multiple filters to compare ZuluTrade’s top-rated leaders. As you gain experience, you can even customize ZuluTrade’s settings to start trading manually. Indeed, choose ZuluTrade for the most beginner-friendly copy trading features, fees, and support.
4. MyFXBook: Integration With Top FX Brokers
Integrate MyFXBook copy trading software with industry-leading forex brokers to maximize your profits. Particularly, you can integrate MyFXBook with 85+ brokers to execute high-profit copied strategies. With a variety of options, you can easily compare traders based on performance statistics, risk management, and credibility.
In the beginning, MyFXBook also allows you to copy signals for free – with options to upgrade to premium accounts. In addition, multi-broker support also provides you access to a wide variety of trading platforms – including MT4, MT5, and cTrader. Choose the MyFXBook copy trading platform for integration support with top-rated brokers.
5. Plus500: Lowest Fee Copy Trading Broker
Finally, Plus500 is among the best lowest-fee forex brokers to copy trades. You can start trading on Plus500’s brokerage accounts for an account minimum of $100 – with a no-commission model. Plus500 offers most of its copy trading services for free.
You are only required to pay $10 inactivity fees if you fail to log into your copy trading account for three months. To start copying profitable trades, deposit your account with a preferred payment method, including Visa, MasterCard, and digital wallets. Indeed, choose Plus500 to start your social trading journey with the lowest fees.
These are the top-rated copy trading brokerage platforms to maximize your profits. With AvaSocial, you can access a range of trading signals from experienced industry professionals. Choose eToro to copy professionals with diversified trading portfolios with multiple asset classes. BrokerageToday.com ranks ZuluTrade as one of the most reliable platforms to copy trades as a beginner. Meanwhile, MyFXBook allows traders to integrate brokerage accounts from the industry’s most popular FX brokers. Trade with Plus500 to minimize trading costs and maximize profit potential. Start trading with the brokers as mentioned above to copy profitable trades to your account.
