Best copy trading platforms in 2022
In simple terms, copy trading is a type of trading where you copy the trades made by a professional trader.
Copy trading can be very beneficial for beginners by copying trades of experienced trades, without any sound technical knowledge. If you want to start copy trading, then you need to register yourself with a copy trading platform. In this article, we will discuss some of the top copy trading platforms you can choose to trade in 2022.
1) Zulutrade (https://www.zulutrade.com)
Zulutrade is a leading copy trading platform with an active community of traders and investors. It also offers social trading features alongwith copy trading services. Zulutrade allows traders to copy the trades of experienced traders giving them an opportunity to make money without having sufficient trading knowledge on their own.
It was founded in 2007. The idea was to make trading easy and accessible for everyone. Zulutrade has successfully built its reputation as a safe, secure and transparent platform.
• Low minimum deposit
• A pool of experienced traders
• An easy-to-use trading platform
• Advanced risk management tools and features like Zuluguard.
• Many low spread forex brokers to choose from
• Offers social trading
2) Duplitrade (https://www.duplitrade.com/)
DupliTrade is another online copy trading platform that enables traders to share their trades and allows other traders to copy them. The trading environment on DupliTrade is fair and equitable for all parties involved in the process.
• The minimum deposit is $5, 000
• Regulated by CySEC
• A straightforward and user-friendly platform suitable for new traders.
3) eToro (https://www.etoro.com/)
eToro also allows traders to automatically follow and mirror other traders’ trades in real-time without any additional fees. Traders can choose from over 1,000 signals sent by eToro’s top performing traders, or they can make their own trades manually.
• Established platform
• Low withdrawal fee, i.e. $5
• Offers top-notch social trading features
4) AvaTrade (https://www.avatrade.com/)
AvaTrade is an online trading platform for stocks and cryptocurrencies. It has a wide range of features that make it an attractive option for traders. AvaTrade is a leading online trading platform for stocks, CFDs and cryptocurrencies.
AvaTrade was established in 2006, and since then it has been constantly developing its innovative technologies to provide traders with the most advanced trading experience on the market.
• Minimum Deposit: $100
• Along with AvaSocial, they have also collaborated with AvaTrade, ZuluTrade, and DupliTrade.
5) NAGA (https://naga.com/)
NAGA is a copy trading platform that allows users to invest in the success of professional traders. It was established in 2015 and has offices in Malta, Germany, and Switzerland.
NAGA offers two types of investment accounts: an individual account for private investors and a corporate account for institutional investors. The company has been featured on Forbes, Bloomberg, CNBC, Yahoo Finance, and many other media outlets worldwide.
• Multiple assets to copy
• Personal account manager
• Copy trading signals
• Zero commission
• Multiple payment options
If you are new or having a difficult time in the market, copy trading can be a right choice for you. Above discussed are the top copy trading platforms that you can sign up with. But ensure that you check the portfolio of traders who you want to copy and then select accordingly. Good Luck.
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