7 Best Copy Trading Apps (2022)

Copy trading application is an application that allows beginners to copy (copy) the trading strategies of expert traders known as master traders. in exchange Part of the profit is paid by users to master traders, so beginners do not need to think about their own trading strategies. fear of loss and other direct trading risks

However, choosing a platform that has this feature needs to be cautious. Choose a provider platform copy trade Reliable. Trading data cannot be influenced by major traders. And if you can pay attention to that person’s mental health. Because of the negative side of this facility is that the beginner will immediately ask the master trader if there is a loss or not. This will indirectly burden the main traders with a mental burden.

Here are the 7 best copy trading apps:

1. Etoro

Etoro is the world’s leading broker and provider of copy trading platforms. With more than 25 million users, this application is known as the largest social trading application provider.

This is not without reason. This is why Etoro offers the following facilities:

• Copy trades with low fees and deposits With only 200USD you can trade using this platform.
• Easy-to-use dashboard for selecting the desired Master Trader.
• This app and website allows beginners to copy the strategies of 100 major traders at once.
• Many user traders help you choose the best experts from all over the world.
• Etoro offers a wide range of tools. From Forex, Crypto, to Stocks and Indices

Download Etoro di toy store or app store.

2. Avatar

Avatrade is one of the well-reliable offshore brokers as it is accredited by one of the largest financial regulators, the Australian Securities and Investments Commission (ASIC) and the Financial Conduct Authority. Many more reliable

Business Brokers market leader Trading facilities are copied with the following details:

• It is accessible through 3 platforms: ZuluTrade, AvaSocial and Duplitrade. Choose these three apps based on your trading style and preferences.
• You can also copy trading strategies from institutional traders, such as hedge fund companies, etc.
• Not only forex, you can also copy trading strategies for other instruments such as stocks or cryptocurrencies.
• Many user traders help you choose the best experts from all over the world.

Download AvaSocial on toy store or app store.

3.FXTM

The broker that provides the next copy trading feature is FXTM. This broker is licensed by the Financial Services Commission (FSC) of Mauritania. It offers copy trading services that are accessible through reputable trading platforms such as MT4 and MT5 and their own trading application FXTM Trader.

The advantages of copying trades from FTXM are:

• You can not only copy Forex trades, but also CFDs, stocks and other financial products.
• You can install this feature automatically, manually or semi-automatically. This means that your trading strategy can automatically copy all major strategies. Only a few strategies or just a few strategies if you want.

To open a trading account on this platform, you only need 10 USD. You must have a minimum deposit of 100 USD.

Download FXTM at toy store or app store.

4. Pepperstone

The 4th best copy trading application broker is Pepperstone. Like avatrade, Pepperstone also uses third party applications to provide this social trading facility. These third-party applications are MyFxBook, DupliTrade and Metatrader Signals.

However, trading using the services of this broker has a number of advantages, including:

1. It is licensed by two of the world’s largest financial institutions, the Australian Securities and Investments Commission (ASIC) and the Financial Conduct Authority (FCA).
2. There are 1,200 instruments that can be copied and traded.
3. have good customer support

Because the copy trading feature in this application uses several third party services. So it would be good to choose a third-party application before copying trades using the services of this broker.

Download Pepperstone on toy store or app store.

5.ZuluTrade

ZuluTrade is a copy trading software that was founded in 2007. Please note that ZuluTrade is not a brokerage firm. This is a software company specializing in social trading. The client is the broker you use.

It is currently downloaded by more than 100,000 users worldwide and offers many brokerages such as AvaTrade above, ThinkMarkets Global Prime GWG and others. Therefore, you must choose a broker before you can copy trades using this application.

Copy trades using ZuluTrade allows beginners to copy strategies from more experienced traders while communicating with them. Another plus is that ZuluTrade has an easy-to-use dashboard and application user interface. It’s just that some parties complain about the customer service they provide.

Download ZuluTrade on toy store or app store.

6. OctaFX

OctaFX is one of the leading trading application brokers known for their copy trading features. This is not without reason. The Copy Trading application from this broker is downloaded by more than 5 million users on Google Play, although this application is only available for Android (mobile phones). It is convenient to copy trades using this platform:

1. Easy to use application Traders can easily check the profile and performance history of their experts using this application.
2. Traders can earn badges from newcomer to legendary based on their experience, so it is easier for new traders to choose Master Traders.

The only drawback of this platform is that the number of instruments on offer is quite limited.

Download OctaFX at toy store or app store.

7.DupliTrade

Like ZuluTrade, DupliTrade is a financial software provider that works with brokers to provide copy trading services. Some of the brokers that use the services of this software provider are AvaTrade and PepperStone above.

Although there are no deposit fees and minimum spreads. But some sources say that in trading using this platform Traders must have at least 5000 USD in their trading account.

Features of this app include:

• Copy trades automatically
• free monthly service fee
• Copy trading on forex, CFDs, cryptocurrencies, commodities and indices.
• Look at the wins and losses of other traders to determine the main traders.

Unfortunately, as of this writing, DupliTrade is not yet available on the mobile application.