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7 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 and 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

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

The top copy trading platforms of 2025 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 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. Margex: This top cryptocurrency trading platform allows investors to start copying the trades of skilled traders, starting at just $10.
  4. 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.
  5. Pepperstone: Another forex and CFD broker, this trading platform allows users to access copy trading features via three different third party platforms: Signal Start, MetaTrader Signals and DupliTrade.
  6. Vantage Markets: With minimum deposits of just $50, Vantage Markets allows users to start copy trading directly from the mobile app.
  7. Trade Nation: Through its proprietary TradeCopier app and powered by the MetaTrader platform, Trade Nation provides an automated, social trading service. Supported assets include stocks, indices, forex, commodities and bonds.

A closer look at the best 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 cover in terms of fees, jurisdictions, asset classes and more.

1. 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.

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

Please note that US users on eToro can only trade Bitcoin, Ethereum, and Bitcoin Cash out of all crypto assets. 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.

eToro - the best copy trading platform?

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.

eToro is fully licensed and regulated in most of the world’s major regions (including the US, UK, and Australia). The minimum deposit required for US and UK users is $100, but in other jurisdictions, it can range from $50 to $10,000.

eToro charges zero commission for stocks and ETF trades, and a $5 withdrawal fee (excluding USD). There are no additional fees or charges for copy trading.

Pros:

  • More than 5,500 trading instruments available
  • Globally-recognized brand
  • Highly accessible for beginners

Cons:

  • Inactivity fee after 12 months
  • Withdrawal fees

2. 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.

The platform has a heavy focus on leveraged CFDs, with more than 1,000 on offer – these included 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.

a branding image on the Avatrade homepage

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.

Like eToro, AvaTrade does not charge any additional fees or commissions for using AvaSocial, again reinforcing it as a great option for beginner investors who are perhaps more tentative. In fact, AvaTrade improves upon eToro’s fees model, with no deposit or withdrawal fees imposed.

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

3. Margex – Top Crypto 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. 

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. 

Margex copy trading

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

4. MEXC – Highly Versatile Copy Trading Platform for Crypto Trading

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. 

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 copy trading

MEXC also highlights what kind of 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. 

MEXC 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

5. Pepperstone: Highly versatile copy trading platform

Having been on the market for nearly 15 years and with an exceptionally high trust score of 95/100 on ForexBrokers.com, it’s fair to suggest that Pepperstone is another established, reputable brokerage platform.

Pepperstone’s copy trading feature is rather unique in that it is available through multiple third-party providers: Signal Start, Meta Trader Signals and DupliTrade. This diversity of choice is a standout feature for the platform, allowing users to choose a provider that suits their needs

An image advertising Pepperstone's social trading feature, taken from the official website

To get started, you must simply create a Pepperstone account and connect it to the trading platform of your choice. Like other brokers, Pepperstone allows you to search for traders based on various personal criteria, such as risk appetite and timeframe.

The average EUR/USD spread offered by Pepperstone is 0.77, and the all-in spread is 0.87. Prospective traders should also be aware that the broker’s minimum deposit is $200, compared to the $100 offered by eToro and AvaTrade.

Disclaimer: Pepperstone is not available to US residents.

Pros:

  • Compatibility with several trading platforms
  • Low spreads
  • No addition fees for copy traders

Cons:

  • Most strategies are forex-focused
  • Less beginner-friendly than some others
  • Not available in the US

6. 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.

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.

An image advertising Vantage Markets' social trading feature, taken from the official website

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

7. Trade Nation: Forex-focused broker with proprietary app

Trade Nation is another forex-focused broker, again using its own mobile application, TradeCopier, to facilitate copy trading.

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.

A branding image taken from the Trade Nation website

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

What lets Trade Nation down is its lack of customer support. While many trading platforms have a 24/7 customer service or even a personal account manager, Trade Nation provides only an automated chatbot.

Disclaimer: Trade Nation is not available to US residents.

Pros:

  • No inactivity fee
  • Low stock and index CFD fees

Cons:

  • Lack of customer support
  • High forex fees

Best copy trader software comparison table

PlatformMinimum depositInactivity feeDeposit/withdrawal feeMobile app?Available in the US?
eToro$100 (US/UK)$10 (12 months)$5 withdrawal fee (excluding USD)YesYes
AvaTrade$100N/AN/AYesNo
Margex$10N/AN/AYesNo
MEXC$5N/ADepends on the payment methodYesNo
Pepperstone$200N/AN/AYesNo
Vantage Markets$50N/AN/A (but international bank processing fees may apply)YesNo
Trade NationN/AN/AN/AYesNo

What is copytrading?

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

Our panel spends several hours researching each product, developing a deep understanding of its features, utility, and pros and cons.

While our panel is comprised mostly of seasoned financial experts, some have little to no expertise in the area. This gives us a wide range of perspectives, ensuring our verdicts are objective.

FAQs

What is the best copy trading platform?

Is copy trading profitable?

Can you copy trade in the USA?

References

Our Editorial Standards

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.

Sam Alberti
Content Editor

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