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Regulated copy trading platforms

BinarySumo

Active member
Hi folks, created this thread on different forums, as lately copy trading has become quite popular among forex and crypto traders. I remember when I was a beginner I was searching far and wide to find the right trading platform to start out with. As a newbie, I wanted to try copy trading as it seemed to be a good way of getting some exposure to the market without the risk of trading on my own. But choosing a transparent and trustworthy platform is crucial in the context of copy trading. So, I am creating this thread with the intention of introducing regulated copy trading platforms to all those who are interested in it.

So, here’s a list of 5 regulated copy trading platforms and their features.

1. Zulutrade https://www.zulutrade.com/
  • Portfolio Management License from the European Union.
  • Supported by many brokers.
  • The minimum deposit depends on the broker you choose. Though your balance in the account connected with zulutrade should always exceed $100.
  • Transparent algorithm based ranking with advanced search filters.
  • Zuluguard feature for risk management.
2. DupliTrade https://www.duplitrade.com/
  • Regulated by CySEC
  • Minimum deposit requirement is $5000.
  • Many strategy providers to choose from.
  • Algorithmic trading.
3. eToro https://www.etoro.com/copytrader/
  • Regulated by CySEC and FCA
  • Functions as a multi-asset trading platform and cryptocurrency exchange.
  • One of their highlighted features is the copy trading facility.
  • Minimum deposit for copy trading is $200.
  • You can copy up to 100 investors at the same time.
4. Naga https://invest.naga.com/copy-trading/
  • Regulated by CySEC
  • Naga is a forex broker itself offering copy trading as one of the key features.
  • Leaderboard with top traders details.
  • Auto Copy feature.
  • Minimum deposit required is $250.
5. CopyFX https://www.copyfx.com/
  • Regulated by CySEC.
  • Minimum balance requirement is $100.
  • Detailed statistics with Trader’s rating.
I also want to mention that all 5 platforms that I listed above are extremely beginner-friendly and have a fair compensation plan for their top traders/ strategy providers. That means these platforms can not only be used by novice traders but can also be utilised by experienced traders for earning additional revenue by sharing their profitable trading systems with others.
 

BinarySumo

Active member
Investor traders like to hunt for a way to invest their money, copy trading is only one type of way to invest. Another way is like investing in a PAMM account by looking best PAMM trader provided by a broker like FXOpen. Investor traders also have the option to invest using a signal trading provider by looking best signal provider.

PAMM account is also a good way to earn, but forex traders won’t be able to learn anything. They will just add funds to their accounts and let the PAMM manager do everything. Imo, PAMM account is perfect for traders who are busy and want to invest with minimal involvement. It’s a profitable technique no doubt. On the other hand, copy trading allows traders to see the strategies used by the traders they have copied trades from and learn from them. From learning pov, copy trading is a better option.
 

BinarySumo

Active member
I think regulation is overrated

Something that protects you from fraud or financial risk can never be overrated. Regulation is not free. These platforms bear licensing costs for that. So it naturally builds trust and improves their credibility. I could never dare to put my money in a company that has no regulatory body overseeing its operations. How would you trust that they won’t disappear with your money?
 
PAMM account is also a good way to earn, but forex traders won’t be able to learn anything. They will just add funds to their accounts and let the PAMM manager do everything. Imo, PAMM account is perfect for traders who are busy and want to invest with minimal involvement. It’s a profitable technique no doubt. On the other hand, copy trading allows traders to see the strategies used by the traders they have copied trades from and learn from them. From learning pov, copy trading is a better option.

I second that! PAMM accounts are good if you want to make money from trading without being actively involved in it but copy trading has an added benefit. It can really help in learning. Based on my experience on zulutrade, I think copy trading can benefit new traders in a number of ways. You can check the strategy used, observe how experienced traders react to different market situations and it’s also a good way to interact with them.
 

BinarySumo

Active member
I second that! PAMM accounts are good if you want to make money from trading without being actively involved in it but copy trading has an added benefit. It can really help in learning. Based on my experience on zulutrade, I think copy trading can benefit new traders in a number of ways. You can check the strategy used, observe how experienced traders react to different market situations and it’s also a good way to interact with them.

That’s right, how long have you been copy trading?
 

skrimon

Well-known member
Great work. You collect a lot of good information. By the way, That being said, does any of you trading in the cTrader platform? I just started using the assetsfx-org's cTrader platform, and the experience was amazing.
 

GumarSafin

Active member
D
Hi folks, created this thread on different forums, as lately copy trading has become quite popular among forex and crypto traders. I remember when I was a beginner I was searching far and wide to find the right trading platform to start out with. As a newbie, I wanted to try copy trading as it seemed to be a good way of getting some exposure to the market without the risk of trading on my own. But choosing a transparent and trustworthy platform is crucial in the context of copy trading. So, I am creating this thread with the intention of introducing regulated copy trading platforms to all those who are interested in it.

So, here’s a list of 5 regulated copy trading platforms and their features.

1. Zulutrade https://www.zulutrade.com/
  • Portfolio Management License from the European Union.
  • Supported by many brokers.
  • The minimum deposit depends on the broker you choose. Though your balance in the account connected with zulutrade should always exceed $100.
  • Transparent algorithm based ranking with advanced search filters.
  • Zuluguard feature for risk management.
2. DupliTrade https://www.duplitrade.com/
  • Regulated by CySEC
  • Minimum deposit requirement is $5000.
  • Many strategy providers to choose from.
  • Algorithmic trading.
3. eToro https://www.etoro.com/copytrader/
  • Regulated by CySEC and FCA
  • Functions as a multi-asset trading platform and cryptocurrency exchange.
  • One of their highlighted features is the copy trading facility.
  • Minimum deposit for copy trading is $200.
  • You can copy up to 100 investors at the same time.
4. Naga https://invest.naga.com/copy-trading/
  • Regulated by CySEC
  • Naga is a forex broker itself offering copy trading as one of the key features.
  • Leaderboard with top traders details.
  • Auto Copy feature.
  • Minimum deposit required is $250.
5. CopyFX https://www.copyfx.com/
  • Regulated by CySEC.
  • Minimum balance requirement is $100.
  • Detailed statistics with Trader’s rating.
I also want to mention that all 5 platforms that I listed above are extremely beginner-friendly and have a fair compensation plan for their top traders/ strategy providers. That means these platforms can not only be used by novice traders but can also be utilised by experienced traders for earning additional revenue by sharing their profitable trading systems with others.

Do they all have similar Profin Management and Allocation systems for subscribers?
 

GumarSafin

Active member
I think the vital think to pay attention to is whether they provide some sort of a multiserver solution, e.g. opportunity to coppytrade MT4 Investors, using MT5 platform. MQL signaltrading, as far as I know, does not have that
 
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