Discover the best social trading forex brokers for experts in 2024. Copy trading is a rewarding career for traders looking to earn profits faster. Many experienced traders are switching to mirror trading to duplicate profitable strategies at scale. Of course, search for legit forex brokers to start mirror trading with confidence. You’ll find several copy trading platforms among the top brokers. Ideally, duplicate trading brokerage platforms should automatically duplicate trades in real time. As a trader yourself, sign up with brokers to social profitable, successful, and highly rewarding trades. Keep reading for the best Mirror-trading forex brokers in 2024.
eToro: User-Friendly Platform For Serious Traders
eToro is one of the best Mirror trading forex brokers for experts. eToro’s copy trading plaforms serve clients across 140 countries. You can trade in assets like commodities, currencies, ETFs, stocks, and more. Open your trading account with a deposit of $200. Based on the instrument type leverage for social trading changes. For example, on major currency pairs, you can get a leverage of 30:1. Whereas, on minor currency pairs you get 20:1 leverage.
To explore traders’ profile, you need to simply search and check their stats. Additionally, you can select the whole account trade too with the eToro CopyPortfolio option. This feature allows you to mirror top traders’ portfolios to generate maximum profits. Plus, chat with other traders and access newsfeeds with the eToro social network platform and other helpful forex trading apps for beginners. Indeed, choose eToro as one of the best duplicate trading FX brokers in 2024.
AvaTrade: Social & Mirror Trading With Confidence
AvaTrade is another best copy-trading forex brokers for social and mirror trading in 2024. In AvaTrade vs Exness comparison, you’ll find this platform offering extensive mirror trading support with proprietary AvaSocial app. You can select from proprietary platforms, which include ZuluTrade and DupliTrade to start your social & mirror trading. The broker offers you to copy trade on MT4, with a sign up on ZuluTrade. These varieties of social trading platforms make AvaTrade competitive in this area.
The AvaSocial, or social and social trading tools are available on mobile apps for forex trading. Further, their online education resources will help you with pricing and research. Additionally, AvaTrade earned a Trust Score rating of 94 which make it highly trusted. Indeed, select AvaTrade forex broker for copy trading with confidence.
Tradeo: Wide Range Of Features For FX Experts
Explore Tradeo’s wide range of features among the best social-trading FX brokers for experts. These features include many educational tools, live market analysis, and even a social trading network. Tradeo boasts their flagship duplicate trading platform Mirror Trader. Trade freely on this platform with popular instruments, from forex to stocks to indices. Take advantage of these advanced features with Tradeo’s lower fees and commissions. For less, follow top traders ranked by performance with their advanced copy trading technology. You can leverage charting tools and indicators to improve your performance and become a better trader. Definitely, see Tradeo for the best social and algo trading brokers for experts in 2024.
NAGA: Copy Top FX Traders & Financial Leaders
Another best mirror trading FX broker for experts is NAGA. This broker’s platform has an encompassing automatic copying capability. Visit their “Leaderboard” page to discover the top-performing traders. Utilize expert’s valuable market data to generate profits and enhance your trading skills. In addition to spread charges, you may need to pay per-trade mirror fees on the NAGA platform.
Keep in mind to add these charges to your profit projections. Moreover, you can social trades for multiple assets including forex, indices, and cryptocurrencies. The NAGA platform emphasizes community engagement and is very user-friendly for an advanced social trading paradigm. In case of facing any trouble with mirror trading, you can connect with the support staff via email or live chat. Indeed, NAGA is one of the best copy-trading FX brokers in 2024.
XM: Copy Trading With Ultra-Low Spreads
One of the best copy-trading forex brokers for experts in 2024 is XM. Established in 2009, XM is a well-regulated ZuluTrade supported broker offering copy trading for beginners with ultra-low spreads. Copy trades to generate profits from experienced traders in 1200+ assets. You can use the XM MetaTrader platform to leverage competitive trading options. Moreover, you can also import EA and use pre-developed strategies to mirror trade. Notably, these EA’s installations may open wider possibilities to auto strategize trading in the FX market. Additionally, you can open an XM Micro account for $5 and a standard account for $100 to social trades from experienced professionals. Certainly, experts can choose XM mirror trading forex broker in 2024.
Discover the best mirror-trading forex brokers for experts in 2024. Choose eToro offering the largest mirror and social trading platform offering various assets and portfolios. AvaTrade is another best forex broker offering social & mirror trading on different trading platforms like ZuluTrade and DupliTrade. Explore Tradeo’s features including live market analysis, social trading, and a wide social trading network. Select NAGA forex broker copy trading accounts and discover top-performing traders and generate competitive profits. You can also explore IC Markets countries for regulated CFD and forex trading. With XM Broker, you can leverage ultra-low spreads with competitive social trading options. Follow the points above to find best forex brokers for mirror trading in 2024.
Pepperstone
Pepperstone is a top-choice FX broker for copy trading. Trade using a commission-focused Razor account or a standard spread-only account across its numerous copy-trading platforms. You can leverage the brokers dual offer of MetaTrader’s Signal Start and cTrader’s DupliTrade for mirror and algorithmic trading. If you want to mirror experienced traders, they tend to prefer either MT4, MT4, or cTrader. Pepperstone also has their own highly-rated social trading platform in partnership with Pelican. Certainly, this gives you access to Pelican’s large network of traders for mirror-trading.
Unlike other social trading platforms, Pepperstone offers a variety of third-party additions alongside its available features. Moreover, the broker’s minimum deposit of $0 makes it an extremely affordable option for copytraders. The platform even received Best-in-Class mentions by ForexBrokers in the Algo Trading, Copy Trading and MetaTrader categories. Definitely, read the Pepperstone broker review for an affordable social trading.
IC Markets
Choose IC Markets FX brokers for mirror trading. The IC market cTrader platform fills the gap between the mirror trader and signal providers. Leverage deep liquidity and advanced tools on the cTrader trading portal. You can also use the IC Social tool, powered by Pelican Trading. The tool helps beginner traders to learn from proven trading experts. Check out the IC Markets available features for social trading:
1. Signal Trading – Get trading signals with entry price, date, and time
2. IC Social Community – Follow pro traders in the community
3. Risk Management – Smart risk-managed social trading
IC Markets Raw account charges 0.0 pips spread and $3.0 commission. These fees are the lowest as per the industry average. You can even choose the standard account offering a floating spread of 0.6 pips. Surely, start social trading with the IC Markets forex broker for US traders.
Zulutrade
Start social trading with the Zulutrade forex platform. The ZuluTrade broker allows traders to copy positions automatically from experienced leaders. Locate these professional traders from the leaders section to mirror their strategies. Make sure to choose the trader by checking their success rate, historical trades, and drawdowns. Review why to start social trading with ZuluTrade:
1. Save Time: Skip deep research by following expert trades.
2. Access to Leaders: Learn from experienced traders in the FX markets.
3. Beginner Friendly: You can start trading without full market knowledge.
4. Flexible Investment: Adjust your strategies based on your budget and risk.
5. Learn Trading: Gain insights and improve your trading skills.
Traders can start copying traders using their mobile app for iOS and Android. You can easily manage your trading signals, execute trades and monitor positions. Surely, choose the Zulutrade mirror trading FX platform for automated trading.
HFM
HFM remains a reliable, reputable, and expert-approved brokerage to analyze. Leverage the HFCopy Platform to access a diverse range of risk management tools, signal provider insights, and other powerful resources. Copy successful FX, indexes, and commodities transactions with no minimum deposit required.
> Keep in mind, you’ll have to payout performance fees & commissions for successfully duplicated trades. Exact spreads & charges depend on your account type, instruments traded, and profits generated.
The overall UI/UX is optimized for traders with some background & experience level. For added security & peace of mind, HFM offers around-the-clock support, advanced community resources, and CySEC/FCA regulation. Add HFM to your list of reputable mirror trading platforms to compare, review, & analyze.
FP Markets
Review FP Markets for one of the best mirror trading solutions in the industry. The brokers’ proprietary trading platform enables portfolio diversification with MetaTrader 4, MetaTrader 5, and cTrader. As a result, you can follow and social the trade strategies of experienced professionals across multiple avenues. Additionally, FP Markets supports subscription-based Signal Start and the commonly used Myfxbook’s Autotrade services on their platform.
Avail MT4 and MT5 updates through Trading Central, Autochartist and 12 other plugins. As a social trader, leverage these upgrades and obtain advanced settings for signal creation. FPM also has a varied asset selection with affordable commission fees and a 1:500 leverage. Certainly, access raw spreads with 0 pips with competitive commission rates of only $6 per standard round lot.
Consider FP Markets for their advanced social trading support systems.
