Risk warning: CFDs and leveraged products are complex instruments and come with a high risk of losing money rapidly. Investments can fall in value. Past performance is not an indicator of future results.

Ranking

Best copy trading brokers 2026

Copy trading moves the decision, not the risk. What matters is how honestly a provider's record is presented: is maximum drawdown shown, or only return? Over what period? And how are lead traders paid — through performance fees that reward risk-taking, or volume that rewards overtrading?

Investor's country

Shows only brokers that accept clients from the selected country.

brokers rated: 13
Data as of: 30 Aug 2026

Country of residence:No country of residence chosen — all offers are shown.

Copy trading

The top 3 in detail

Why these three lead — derived from the criteria this category weights most heavily.

Advertising disclosure: where a partnership is active, we may earn a commission through broker links. The provider’s terms apply. Commissions do not influence our ratings; paid placements are separately labelled as sponsored.

Pepperstone

Raw spreads and five platforms for traders who care about execution cost, not about owning the asset.

Ahead on Safety & regulation (4.4) and Trading platform (4.6) — together those two carry 54% of this category's weighting.

Razor all-in EUR/USD cost of about 0.8 pips - a 0.0 to 0.1 pip raw spread plus USD 3.50 per lot per side
No inactivity fee, no account-keeping fee and no account closure fee, confirmed on Pepperstone's own costs page
Five execution venues on one account: MT4, MT5, cTrader, TradingView and the in-house Pepperstone Platform
Three top-tier licences - FCA 684312, ASIC AFSL 414530 and BaFin 151148 - so most clients contract with a tier-1 supervised entity

Group index 82/100Protection depends on your legal entity

FCAASICBaFinCySEC

StocksETFsForexCFDsCryptoCommoditiesIndicesSpread betting+1

4.4

Category score

Overall score: 4.4 / 5

Strengths in this category

Trading platform30%

4.6

Safety & regulation24%

4.4

Fees20%

4.6

Mobile app14%

4.2

Stocks (per order): 0.1 % (CFD)
Minimum deposit: US$10
FX conversion: n/a

Open account Read review

Investing involves risk. Your capital is at risk.

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

IC Markets

One of the cheapest routes to raw institutional FX pricing - as long as you check which entity you are signing with.

4.1

Ahead on Fees (4.7) and Trading platform (4.5) — together those two carry 50% of this category's weighting.

All-in EUR/USD cost of roughly 0.6 to 0.8 pips on Raw Spread - a 0.0 to 0.1 pip raw spread plus USD 3.50 per lot per side
Raw Pro at USD 1.50 per lot from a USD 5,000 balance and Raw Pro+ at USD 1.00 per lot from USD 100,000 - a real volume ladder rather than a marketing tier
No withdrawal fee of IC Markets' own across roughly nineteen funding methods, and at Raw Trading Ltd (ic.com) no inactivity fee and no minimum deposit on the Standard, Raw Spread and cTrader Raw accounts; EU clients deposit at least EUR 200 and can be charged an inactivity fee after six months without a trade

Group index 70/100Protection depends on your legal entity

ASICCySEC

StocksFuturesForexCFDsCrypto+4

Strengths in this category

Trading platform30%

4.5

Safety & regulation24%

3.9

Fees20%

4.7

Stocks (per order): 0.1 % (CFD)
Minimum deposit: €200
FX conversion: n/a

Open account Read review

Investing involves risk. Your capital is at risk.

ThinkMarkets

Raw-spread pricing, six licences and a strong mobile app - held back by its withdrawal record.

4.1

Ahead on Safety & regulation (4.1) and Fees (4.4) — together those two carry 44% of this category's weighting.

ThinkZero all-in EUR/USD cost of about 0.8 pips - raw spreads from 0.0 pips plus USD 3.50 per lot per side on forex and metals
Three top-tier licences - FCA 629628, ASIC AFSL 424700 and JFSA registration 0250 - alongside CySEC 215/13 and FSCA FSP 49835
Roughly 3,260 instruments on ThinkMarkets' own contract table, including 2,796 share CFDs and 324 ETF CFDs, which is unusually broad for a CFD-only broker

Group index 79/100Protection depends on your legal entity

FCAASIC

StocksETFsForexCFDsCrypto+3

Strengths in this category

Trading platform30%

4.3

Safety & regulation24%

4.1

Fees20%

4.4

Stocks (per order): in the spread (CFD)
Minimum deposit: None
FX conversion: n/a

Open account Read review

Investing involves risk. Your capital is at risk.

Also worth a look

Rank 4 and below, ordered by category score.

eToro

4.0

One of the most complete copy-trading products in Europe, wrapped in a notably simple broker app - and paid for through conversion charges rather than commissions.

Copy trading
Crypto plus stocks in one account

USD 100,000 virtual — Demo account with USD 100,000 in virtual funds

Stocks (per order): US$1
Minimum deposit: US$50
FX conversion: 0.75 %

Social tradingStocksETFsForex+4

Pros: CopyTrader is one of the most mature copy-trading products in Europe: no separate fee on top of normal trading costs, a USD 200 minimum per copied trader, and up to 100 traders copied at once.
Cons: Currency conversion costs 0.75% each way between a European local-currency account and USD, before Club discounts whose size eToro's own pages state differently - for a broker whose core product is USD-denominated, that is the one number you most need.

Group index 91/100

FCAASIC

Protection depends on your legal entity

Visit broker Read review

Bybit

4.0

The derivatives exchange that survived the largest theft in crypto history — and then got itself properly licensed in the EU.

Perpetual futures traders
Copy-trading followers

Stocks (per order): Not offered
Minimum deposit: None
FX conversion: n/a

Social tradingOptionsFuturesCrypto+2

Pros: USDT perpetual contracts at 0.0200% maker and 0.0550% taker, with a deep book that makes Bybit the strongest derivatives alternative to Binance
Cons: EEA residents get spot and spot margin only. Perpetuals, options and TradFi contracts require the global platform, which Bybit EU customers may not use, because those products need a MiFID II licence Bybit has applied for but not obtained

Group index 57/100

FMAVARA

Protection depends on your legal entity

Visit broker Read review

AvaTrade

3.9

A heavily licensed, fixed-spread CFD house built for beginners and copy traders — and unusually expensive if you go quiet.

Beginners
Copy trading

Stocks (per order): in the spread (CFD)
Minimum deposit: US$100
FX conversion: n/a

Social tradingOptionsForexCFDs+3

Pros: Nine regulated entities, from Ireland and Cyprus to Japan, South Africa and Kenya, with the EU book run from Ireland under Central Bank of Ireland reference C53877 and Investor Compensation Company cover of 90% of losses up to EUR 20,000.
Cons: Dormancy is punitive: USD 50 charged quarterly after just three consecutive months without a trade, plus a USD 100 annual administration fee after twelve months. Most competitors wait six to twenty-four months.

Group index 71/100

CBIASIC

Protection depends on your legal entity

Visit broker Read review

Axi

3.9

A 2007-vintage Australian FX broker that has quietly become one of the better all-round CFD platforms — if you check which entity you sign with.

Active FX and CFD traders
Copy-trading followers and signal providers

Stocks (per order): in the spread (CFD)
Minimum deposit: US$100
FX conversion: n/a

Social tradingStocksETFsForex+4

Pros: Pro account at USD 4.50 round turn per standard lot on 0.0-pip spreads, available from a USD 100 minimum rather than a five-figure balance
Cons: Most international clients are booked with AxiTrader LLC in St Vincent and the Grenadines — no prudential supervision, no compensation scheme, and The Financial Commission rather than a regulator as escalation

Group index 71/100

ASICFCA

Protection depends on your legal entity

Visit broker Read review

Binance

3.9

The deepest liquidity and the cheapest headline fees in crypto — attached to the weakest regulatory record of any venue this size.

High-volume active traders
Crypto derivatives and perpetuals traders

Stocks (per order): 0.1 %
Minimum deposit: None
FX conversion: n/a

Social tradingStocksETFsOptions+2

Pros: Spot pricing of 0.1000% maker and taker at VIP 0, dropping to 0.0750% on both sides when fees are settled in BNB — among the cheapest entry rates of any major venue
Cons: No MiCA authorisation. Since 1 July 2026 residents of the EEA cannot sign up, place new spot orders, deposit funds or use Earn and staking — only withdrawals and Convert remain open, and Binance has named neither a replacement jurisdiction nor a date

Group index 53/100

JFSAFSRA

Protection depends on your legal entity

Visit broker Read review

FP Markets

4.0

Twenty years of ASIC-regulated plumbing behind the widest platform choice in the CFD market.

DMA equity and futures CFD traders
Traders who want platform choice

Stocks (per order): US$0.02/share (CFD)
Minimum deposit: A$100
FX conversion: n/a

Social tradingStocksETFsFutures+6

Pros: Raw account at USD 3 per lot per side with EUR/USD measured at 0.1 pips and GBP/USD at 0.1 — competitive across the majors
Cons: No options of any kind — exchange-traded, OTC or CFD — so options traders need a second broker

Group index 68/100

ASICCySEC

Protection depends on your legal entity

Visit broker Read review

Vantage Markets

3.9

The offshore CFD broker that kept the tier-1 licences and built its own platform instead of renting MetaTrader.

Raw-spread FX traders
TradingView users

Stocks (per order): in the spread (CFD)
Minimum deposit: US$50
FX conversion: n/a

Social tradingStocksETFsForex+5

Pros: RAW ECN gives 0.0 pip spreads for USD 3 per lot per side (USD 6 round turn) on a USD 50 minimum, where most brokers gate raw pricing behind far larger deposits
Cons: Most international clients are onboarded to Vantage International Group (CIMA) or Vantage Global Limited (VFSC), where no investor compensation scheme applies

Group index 78/100

ASICFCA

Protection depends on your legal entity

Visit broker Read review

BlackBull Markets

3.7

A New Zealand ECN broker with excellent platforms, real institutional plumbing — and no investor compensation anywhere.

Active forex and CFD traders
cTrader and TradingView users

Stocks (per order): US$0.02/share (CFD)
Minimum deposit: None
FX conversion: 0.01 %

Social tradingStocksETFsOptions+7

Pros: No minimum deposit at all — every account tier including Prime opens from USD 0
Cons: No investor compensation scheme under either entity — New Zealand has none and the Seychelles has none, so segregation is the only protection if the firm fails

Group index 73/100

FMAFSA

Protection depends on your legal entity

Visit broker Read review

XM

3.7

A teaching-first CFD broker with a USD 5 door and spreads that make you pay for the welcome.

Beginners
Micro-lot position sizing

Stocks (per order): in the spread
Minimum deposit: US$5
FX conversion: n/a

Social tradingStocksForexCFDs+3

Pros: USD 5 minimum deposit on Micro, Standard, Ultra Low and Zero — one of the lowest entry points among multi-regulated brokers
Cons: The default Standard and Micro accounts typically quote EUR/USD at 1.6–2.0 pips against an advertised from-1.0 headline — you pay a beginner tax unless you switch tier

Group index 74/100

ASICCySEC

Protection depends on your legal entity

Visit broker Read review

Skilling

3.4

A Scandinavian-founded, Cyprus-licensed CFD broker with an unusually clean platform — and a currency charge that outweighs its spreads.

cTrader users
Beginners wanting a simple platform

Stocks (per order): in the spread (CFD)
Minimum deposit: €100
FX conversion: 0.7 %

Social tradingStocksETFsForex+4

Pros: Three platforms on one account: the beginner-friendly Skilling Trader, full cTrader with depth of market and cTrader Automate, and MetaTrader 4
Cons: Premium commission is quoted per USD 1 million of traded volume without saying whether it applies per side or per round turn, so a standard-lot round turn costs anywhere from USD 4.50 to USD 8.00 all-in — and the tier is gated by a reported EUR 5,000 minimum

Group index 49/100

CySECFSA

Protection depends on your legal entity

Visit broker Read review

Quick comparison

The numbers that decide this category, side by side. Scroll right on narrow screens for every column.

Best copy trading brokers — Quick comparison
Broker	Category	Overall	Trading platform30%	Safety & regulation24%	Fees20%	Stocks (per order)	Minimum deposit	Regulation	Action
1Pepperstone	4.4	4.4	4.6	4.4	4.6	0.1 % (CFD)	US$10	FCAASIC, BaFin, CySEC, DFSA, SCB, CMA	Visit broker Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.
2IC Markets	4.1	4.2	4.5	3.9	4.7	0.1 % (CFD)	€200	ASICCySEC, FSCA, FSA, SCB, CMA	Visit broker Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.
3ThinkMarkets	4.1	4.1	4.3	4.1	4.4	in the spread (CFD)	None	FCAASIC, JFSA, CySEC, FSCA, FSA	Visit broker Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.
4eToro	4.1	4.0	3.8	4.6	3.4	US$1	US$50	FCAASIC, MAS, SEC, CySEC, FSRA, MFSA, FSAS	Visit broker Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.
5Bybit	4.0	4.0	4.5	3.1	4.4	Not offered	None	FMAVARA, AFSA, NBG	Visit broker Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.
6AvaTrade	4.0	3.9	4.0	4.3	3.2	in the spread (CFD)	US$100	CBIASIC, JFSA, CySEC, FSCA, FSRA, ISA, BVIFSC, CMA	Visit broker Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.
7Axi	4.0	3.9	4.2	3.4	4.1	in the spread (CFD)	US$100	ASICFCA, DFSA, FSA	Visit broker Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.
8Binance	4.0	3.9	4.6	2.4	4.6	0.1 %	None	JFSAFSRA, VARA, FinCEN	Visit broker Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

Our methodology

How we build this ranking

No editorial gut feeling — a published calculation. This category shifts the weights of our rating model towards what its audience actually needs.

Weighting in this category

13 brokers rated

The pale tick marks the weight in the general Brokaro model.

Category weight
Base model

The formula

The category score is 70% the category-specific weighting and 30% the general overall score. A strong all-rounder therefore does not drop out simply because it fails to lead one single criterion.

Category score = 0.7 × Σ(w_i × s_i) + 0.3 × Overall score

Full methodology

Requirements to be listed

A broker that misses these never appears in this list, no matter how it scores.

The broker has to actually offer Social trading — not merely advertise it.

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