TOP 5 Best Copy Trading Platforms

Copying trades has a number of advantages. One can make a profit without special knowledge, determine the desired number of signal providers to compensate for the losses of some with the profit of others, and learn from the experience of trading masters and honing skills. Therefore, copy trading is considered the path to success.

The disadvantages of copying the signals of third-party traders include high risks of financial losses. Without training and replenishment of knowledge, the brain relaxes, and the trading terminal must be constantly kept on.

Let’s find out what platforms can be used for copy trading to get profits without drawbacks.

What are the services for copying deals?

Autocopying transactions are available to everyone. To do this, you need to register on a site designed for copy trading. The best of them, with which it is recommended to start working, are as follows:

1. AvaSocial is a regulated application for trading.
2. Libertex – with access to MetaTrader 4 signals.
3. Quantum AI – has the world's first quantum computer for trading signals.
4. Mirror trader.
5. Social trading.

There are many other services, and among the most popular are MQL5 signals, ZuluTrade, Signal Trade, eTorro, and others.

Each of them has its copying conditions, advantages, and risks. The commission will depend on the chosen platform. There are those where the fees are equal to zero (Quantum AI).

The list of traders to subscribe to is large. Having studied the criteria and parameters, you will definitely find the ideal platform for yourself.

To start making money on copying, you need to join. There are three copying modes: automatic, manual, and semi-automatic:

• The first fully serves the client: from choosing the right specialist for your requirements to strict adherence to the strategy.
• Manual work is like regular trading: the beginner copies specific transactions by themselves.
• The semi-automatic mode makes it possible to view all the positions of the copied and choose which deals to copy and which ones to trade on their own.

Copy trading is simplified automated trading and a great alternative to other passive income options. The method has a positive history and is available to novice investors. You should make sure that you are well aware of the risks of copy trading. Luck in stock trading is changeable even for the most confident and lucky. Therefore, learn risk management in trading for beginners and never invest all your savings in trading.