Most traders can improve their trading by copying the trades of more established traders by using copy trading apps. This article will explore the best copy trading apps and how to use them. We will also look at their fees, commissions, trading assets and many more.
Summary
Copy trading is a financial strategy that allows less experienced traders to replicate the actions of seasoned professionals. By following the trades of experts, new traders can learn about different strategies and gain practical experience. However, it’s important to recognize that copying trades carries both potential rewards and risks. If the trader you’re following makes an error, you will face the same financial loss.
There are various apps designed specifically for copy trading, making it easy to follow expert trades and monitor your portfolio. In this guide, we’ll explore the top copy trading apps, the assets available for trade, essential factors to consider when choosing an app, and the fees and commissions involved.
Best Copy Trading Apps in 2026
What is a Copy Trading App?
When selecting a good copy trading broker, the copy trading app acts as the platform that enables users to automatically replicate trades from experienced traders. This setup connects your account to the trader’s account in real-time, ensuring that any action taken by the expert—whether it’s buying, selling, or adjusting positions—is mirrored in your account automatically. This seamless integration allows you to benefit from their strategies without needing to manage each trade manually.
These apps usually have a marketplace where users can browse and select copy traders to follow. Traders in this marketplace are usually rated based on their past performance. Users can evaluate a trader to see if they are interested in copying their trading style.
How to Download and Copy Trades on a Copy Trading App
To download and copy trades on a copy trading app, follow these steps:
- Select a copy trading broker that offers copy trading.
- Download the copy trading app.
- Create a copy trading account.
- Deposit funds into the copy trading account.
- Choose a signal provider.
- Connect your account with the account of the signal provider.
- Set the risk parameters to complete the process.
Pros and Cons of Copy Trading Apps
Copy trading apps like every other app have their own good and bad side, and here are some of them.
Pros
- Access to the Expertise of Experienced Traders.
- Reduced Risk.
- Easy to Use.
- Great Way to Learn and Practice Trading.
Cons
- Trade Performance is Dependent on the Strategy of the Copied Trader.
- High Fees.
Best Copy Trading Apps in 2026
1. eToro – Best for Accessibility
eToro offers competitive spreads across a wide range of instruments, including forex, stocks, crypto, and commodities. The eToro copy trading platform is highly accessible, with both mobile and desktop versions. With eToro’s state-of-the-art mobile app, traders can research, analyse and copy other traders easily. eToro also provides excellent customer service which is available 24/7 in multiple languages. In terms of leverage, eToro offers leverage on CFDs (up to 30:1 for retail traders, depending on the asset class) and 6000+ instruments to trade, from major stock indices to cryptocurrencies.
2. Skilling – Best for High Range of Trading Instruments
Skilling also offers a solid range of trading instruments, from forex to indices, commodities, and stocks, all supported by reasonable fees. The broker offers not only its proprietary trading platform but also a couple of third-party platforms. Skilling Trader platform and cTrader offer a seamless experience across mobile and desktop, with advanced charting tools that help traders stay ahead. Leverage on CFDs is available up to 30:1 for retail traders, depending on the asset types. The platform offers commendable customer support, which is always there to help.
3. Pepperstone – Best for Low Spreads
Pepperstone is highly regarded for its low spreads, particularly on popular forex pairs like EUR/USD, making it ideal for high-frequency traders. The broker features an impressive mobile and desktop trading experience, with access to MetaTrader 4/5, cTrader, and TradingView. Leverage on CFDs is available up to 30:1 for retail traders, which provides ample opportunity to scale trades. The platform supports a broad array of instruments, from forex and stocks to indices and commodities. Pepperstone offers highly efficient third-party mobile copy trading apps such as MT4 and MT5, which allow traders to analyse and copy traders as they want.
4. AvaTrade – Best for Leverage Trading
AvaTrade provides competitive spreads, starting from as low as 0.9 pips on forex pairs, making it a great option for traders looking to keep their costs down. The platform supports both mobile and desktop trading, with access to MetaTrader 4/5 and AvaTradeGO, a user-friendly app for trading on the go. AvaTrade offers leverage on CFDs up to 30:1 for retail clients and a wide range of instruments to trade, including forex, cryptocurrencies, and commodities. Moreover, the platform features an exclusive copy trading platform and app, the AvaSocial mobile app, which offers modern tools and features for copy trading on the go.
5. ThinkMarkets – Best for Trading Apps
The broker is multi-regulated, has excellent customer support, is available 24/5, having a responsive service to assist traders anytime they need help. The platform is available on desktop and mobile, featuring ThinkTrader and MetaTrader 4/5 for an intuitive and versatile trading experience. The platform has a mobile copy trading app, ThinkCopy, where you can search for and analyse other traders to copy. Plus, the broker offers multiple types of trading accounts with different sets of specialised features to cater to the needs of all levels of traders.
Factors to Consider when Choosing a Copy Trading App
The following are the factors to consider when selecting an app for copy trading.
Regulation
It is important to find a copy trading app that is regulated in the region within which it operates. Regulations help protect traders from fake companies who try to scam people of their trading funds. They also help protect traders by ensuring that trading brokers insure their customers’ funds in case of bankruptcy.
There are different regulatory bodies available in different regions around the world. For example, the Securities and Exchange Commission (SEC) and other bodies are responsible for regulating copy trading apps in the US, the Financial Conduct Authority (FCA) is responsible for regulating trading apps in the UK, and the European Securities and Markets Authority (ESMA) handles apps in the EU.
Execution Speed
Execution speed is the time it takes for a trade to be executed after it is placed. Finding a copy trading app with a fast execution speed is important as it helps minimize slippage. For example, if the app is too slow to follow up on a trade with a trader you are following, you might end up getting a bad price due to market volatility that causes prices to fluctuate.
Signal Providers/Top Traders
A good copy trading app should have a good number of successful traders available for you to copy trades from, with transparent trading histories and risk profiles. The quality of traders on the app is important, so you don’t get stuck with inexperienced traders who make bad decisions.
Markets to Copy
The copy trading app you are choosing should offer a wide range of markets to copy, including forex, stocks, indices, and commodities. This offers traders with flexibility to diversify their portfolios and choose markets that they are more interested in.
Fees and Commissions
Copy trading apps often charge fees and commissions for their services. You must understand the fee structure before choosing an app to trade with. It is also important that you choose an app with competitive fees and commissions. We will talk more about fees and commissions to expect when using these apps.
User Interface
The app should have a user-friendly interface that is easy to navigate. This makes trading easier and allows you to place trades quickly with a few clicks. You can check the user interface of the app you wish to register with by using a demo account without any real trading capital.
Payment Methods
A good copy trading app should allow access to a wide range of payment methods for deposit and withdrawal. Go through the payment options available on the app you wish to use to see if you are comfortable with the options offered.
Customer Support
Check that the app to copy trades has a responsive customer service team that can help you with any problems you may have. A good customer service team could help traders resolve any technical problems they may encounter with the app, such as problems with logging in, placing trades, or withdrawing funds.
Reputation
Read online reviews about the app you want to select to see if it has a good reputation. We will go through some users’ reviews, later in this article, to see what they think the best copy-trading apps are.
What Assets Can You Copy Trade?
Copy trading allows you to automatically copy the trades of other traders on a variety of assets, and some of these assets include:
Shares
Shares, also known as stocks, are assets used to represent a part ownership of a company. Traders buy and sell shares with the intent of growing their investment portfolio. You can choose to mirror your stock portfolio after that of professional traders with experience in the market. Copying share trades can be a good way to invest in the stock market without having to do your research on individual stocks.
Forex
Forex is a portmanteau for foreign exchange, which is the exchange of one currency for another. It is the biggest market in the world, with over $6 trillion exchanged daily. Traders speculate currency movements and try to trade on them daily in the forex market. You can copy forex trades by following the trades of experienced forex traders.
Commodities
Commodities are natural resources that can be traded, such as oil, gold, and wheat. You can copy trades of successful commodity traders and see similar results in your trade.
Indices
Indices are financial assets used to measure the behavior of a group asset, like stocks. Common market indices include the S&P 500 and the Dow Jones Industrial Average. People trade indices to gain exposure to a broad market or sector without having to buy individual stocks. You can trade indices with financial instruments, such as index funds, index futures, or options.
In copy trading, investors could follow and replicate the trades made by experienced traders who specialize in trading index-based instruments.
Cryptos
Cryptocurrencies are decentralized digital currencies that people trade online. Crypto trading has grown in popularity in recent times, with more traders looking for guidance from more experienced and successful traders in the market. Copy trading apps can help you copy and mirror the trades of these traders so that you can get similar results.
Copy Trading Fees and Commission
There are many types of fees and commissions you are likely to incur when you use copy trading apps. As a trade copier, the fees you are likely to pay includes the regular fees for stock trading along with fees charged by signal/strategy providers, i.e. the people whose trade you copy.
Here are some common fees you are likely to encounter when you use apps for copying trades:
Spreads
A spread is the difference in price between the bid and ask value of an asset. The bid price is the price at which the broker is willing to buy an asset, while the asking price is the price at which the broker is willing to sell an asset. When you copy a trade, you will always incur a spread.
Overnight Fees
These are fees imposed by the broker on the trader when they hold leveraged positions overnight. Overnight fees can be a significant cost for traders who copy traders who frequently leave their CFD positions overnight. It is important to check the overnight fees of the broker you are trading with to see if you are comfortable with paying them.
Deposit and Withdrawal Fees
Brokers often charge a deposit and withdrawal fee from copy traders for depositing and withdrawing money on their platform. Brokers often charge this to handle processing fees and to provide a source of revenue for their services.
Subscription Fee
Traders using copy trading platforms often pay a small monthly or annual subscription fee to signal providers to access their trades and strategies. The amount of the subscription fee can vary depending on the platform or signal provider, as well as the level of service provided. Some copy trading platforms also offer tiered payment systems.
Performance Fee
Copy trading apps and signal providers often charge a percentage of the profits made by copying their trade. This is known as the performance fee. This fee varies across different platforms and among signal providers, but it is usually between 10% and 30% of the profit made from copying a trade.
Execution Fee
An execution fee is a charge imposed by a broker for executing a trade order. In copy trading, the broker is involved in facilitating the copying of trades from a signal provider to a trade copier’s account. The amount of the execution fee in copy trading can vary depending on the broker, the asset being traded, and the type of order being placed.
Management Fee
Management fees are often charged by signal providers and copy trading platforms to serve as a source of revenue for the platform and signal provider. The charges may vary widely, but it is usually between 1% and 3% of the trade.
Copy Trading Vs Social Trading Vs Mirror Trading
Copy, social and mirror trading are terms that are often used interchangeably to mean similar things. However, there is a slight difference between these terms.
Copy and mirror trading are both types of social trading, which is a type of trading that involves duplicating actions from proven strategies and investors to improve the chances of a successful trade. However, both of them have a few slight differences.
- Mirror trading involves taking automatic action on trades, which means that there is no interaction between the trader and the investor being copied. However, copy trading involves a manual interaction between the copy trader and the investor they wish to copy.
- Mirror trading is more suitable for long-term investors as it requires much less involvement than copy trading.
Both processes are very similar as they allow traders to copy strategies and trades from established investors.
Alternatives to Copy Trading App
If you don’t want to use a copy trading app, but want to copy trade, there are other alternatives for you. Some of them are:
Traditional Brokers: Many traditional brokers today now offer copy trading as part of their suite of investment products. With this option, you have access to a wide range of signal providers, which means you can diversify your portfolio better.
Independent Signal Providers: Some experienced signal providers offer their trading strategies independently to traders who wish to follow their strategy.
Financial Publications: You can follow financial newspapers and publications that offer specific strategies you can apply to see similar results in your trade.
Robo-Advisors: Robo-advisors are automated investment systems that manage your portfolio according to your investing objectives and risk tolerance using algorithms. Some of them offer copy trading, which allows you to replicate the success of investors without using copy trading apps.
Are Copy Trading Apps Safe?
Copy trading apps, like other trading apps, are not free from risk. Some of the key risks associated with them are:
- Software Lagging: The potential for software lagging is a major risk involved in trading with apps for copy trading. Failure to execute a trade due to software lagging could cost traders dearly, especially when trading assets with high volatility.
- Poor Trade Execution: Poor trade execution due to technical glitches, software bugs, or inadequate infrastructure. If a trade isn’t executed properly, traders could miss out on a good trade.
- Inexperienced Signal Providers: If a signal provider provides a terrible strategy or if their performance deteriorates over time, it could affect the trader and cost them some money.
These issues have been mitigated in many cases by copy trading apps using methods and processes to ensure the safety of the traders’ funds. Some of the steps taken by copy trading platforms to mitigate these risks are:
- Infrastructure Optimization and Maintenance: These platforms invest in building and maintaining robust infrastructure, including high-performance servers and reliable network connectivity to reduce problems like software lagging.
- Risk Management Tools: These apps offer risk management tools like stop-loss orders and take-profit orders to reduce risk exposure for trade copiers.
- Signal Provider Selection Process: Copy trading platforms implement a rigorous selection process to determine the most experienced signal providers for the copy traders using their service.
Copy trading apps are not risk-free, however, they greatly increase the safety of their platforms by implementing processes and methods to mitigate risk.
What Reddit and Quora Users Say About Copy Trading Apps
Before you choose a copy trading app, it is important that you go through the reviews of different apps to see which ones have great reputation. In this section, we will go through some reviews of the best copy trading apps on Reddit and Quora.
With over 500 million users, Reddit is one of the biggest social networks online where people share news, banter and reviews on products and services they’ve used. We went to this site to see what Redditors thought about copy trading apps.
In the first subreddit, a Redditor wanted to know more about the effectiveness of copy trading. They had just been introduced to copy trading and wanted to know if it was worth the risk. They also wanted to know which copy trading apps to focus on.
One Redditor explains to the Original Poster (OP) that apps like eToro are good for copy trading as they offer you access to signal providers. They also note that copy trading allows you to make profits similar to your signal provider, although you could still make losses as a result of trading like them (the signal provider).
Another Redditor expressed some pessimism about copy trading, stating that traders do not always beat the market, and could make mistakes that you are bound to make when you copy them. The redditor also stated that some of the traders you try to copy have access to offices with hardwired fibre internet which give them faster trade execution time than you, the copy trader.
On another thread, a redditor asked for recommendations for copy trading platforms and other redditors gave many recommendations like Copy Fx, Zulutrade, and Carbon Capital Fx.
Quora
We went to Quora, one of the biggest social platforms in the world, to see what people thought about copy trading and copy trading apps.
On the first thread, a Quora user wanted to know the best copy trading platforms to sign up for. Another Quora user replied to the OP, explaining how copy trading is a trending form of trading because of its ease and potential to provide good returns. He then went on to list the best 5 copy trading platforms according to him: eToro, Pepperstonene, FP Markets, FXCM, and Capital XTrend.
On the same thread, another Quora user recommended four copy trading apps for newbie investors to start trading with: eToro, ZuluTrade, Inveslo, and NAGA Trader.
Two other Quora users on the same thread mentioned how they loved trading with Zulutrade, and recommended it to newbie traders.
Bottom Line
Copy trading is a method of trading that involves copying trades and strategies from experienced traders. Copy traders connect their trading accounts to the trading accounts of experienced investors (known as signal providers) so that they make similar trades with the investors.
In this guide article, we were able to go through the important factors in selecting the best copy trading apps for traders. We also looked at the different kinds of assets you can trade on apps for copy trading and fees and commissions you are likely to incur when you sign up with a platform for copy trading. Finally, we looked at the safety and security measures employed by copy trading platforms to deal with the common risks copy traders face, and some of the reviews from Reddit and Quora users.