Best Copy Trading Forex Brokers 2020

Within recent years copy trading has gained much popularity with traders of different levels of experience and risk profiles. Copy trading is the mode of trading offering great opportunities to the traders lacking time or in-depth market knowledge, yet willing to use currency trading as a form of investment and to increase their initial funds. Copy trading is the mode of following the trading operations of the so-called trade leaders (experienced and proven quality traders) via

The difference between the copy trading and mirror trading is that copy trading combines the opportunity to copy certain strategies with the liberty of manually adjustments of the trading process, including activation of stop losses when necessary. Thus, the traders are able to manage their risks or even reach better results than the basic strategy suggests. When choosing a copy trading method, it is also essential to choose a reliable broker with most comfortable trading conditions and proper regulation, as this is the company to entrust the private details and personal funds to. The other key issue is selection of the right trading leader or leaders, which can be more than one. Forex market features a great variety of trading platforms offering copy trading, including not only automated, but also manual and semi-automated. Usually before starting copy trading on the real account, there’s a possibility to make some few test trades on a demo account.
Important: the list of traders to copy is featured for educational purposes only. Forex-Ratings.com does not guarantee in whichever form the future returns from copy trading with whichever broker. Using copy trading, mirror trading, social trading on whichever platforms can be very risky.

Forex Broker Review Year Status Copy Trading
1FXTMFXTM2011
2FIBO GroupFIBO Group1998
3HotForexHotForex2010
4FXCMFXCM1999
5XMXM2009
6OctaFXOctaFX2011
7InstaForexInstaForex2007
8PepperstonePepperstone2010
9DukascopyDukascopy2000
10eToroeToro2007
11Forex4youForex4you2007
12FreshForexFreshForex2004
13LiteForexLiteForex2005
14OrbexOrbex2010
15RoboForexRoboForex2009
16Swissquote BankSwissquote Bank2000
17CM TradingCM Trading2012
18FXDDFXDD2002
19MultiBankMultiBank2005
20NPBFXNPBFX1996
21TickmillTickmill2014
22Trade360Trade3602013

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