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EToro is one of the best copy-trading platforms in the U.S., and it allows its traders to choose from a wide range of assets, including cryptocurrencies like Bitcoin and iqcent review Ethereum. Both of these platforms offer a wide range of currency pairs and allow investors to copy trades from top forex traders. In this article, we will explore some of the best copy trading platforms available in the U.S., including options for both forex and cryptocurrency markets.

• You’ve found a trader you want to copy and have $1000 to allocate.
• This lets you analyze the historical performance at a glance, for a given signal provider.
• Firstly, aside from the NFA/CFTC in the U.S., OANDA is regulated by several tier-1 regulators such as ASIC in Australia and the FCA in the UK.
• The wide variety of forex copy trading platforms available can make it challenging to choose the right one.

Customer Support Availability

Yes, it’s legal in most regions, but always select a platform regulated by authorities to ensure compliance and security. Market volatility, sudden strategy changes, or following just one trader without diversification can increase potential losses. Your success relies on the investors you choose to follow, their strategies, and overall market conditions.

Hfm’s Key Features

• This allows you to choose a signal provider that aligns with your budget and trading goals.
• It ensures market integrity, protects participants, and sets rules and regulations for CFTC-regulated Brokers.
• If you’re interested in exploring other growing markets, check out our next guide, "What Is Prop Trading – A Beginner’s Guide," which explains how prop trading works, the risks involved, and how to get started safely.
• Your capital is at risk ForexMart offers Forex trading, CFD trading, Social trading, Share Dealing, Crypocurrency trading.
• It streamlines the trading process and helps you focus on making informed decisions rather than worrying about deposit and withdrawal matters with Copy Trading Brokers.

50% of retail investor accounts lose money when trading https://sashares.co.za/iqcent-review/ CFDs with this provider. On top of that, the broker supports the trading of real stocks and cryptocurrencies. Once you find a trader to follow, hit the copy button and choose how much you want to allocate to the trader. Founded in 2007, eToro was one of the pioneers of social trading by introducing its CopyTrader feature.

The platform features a great list of signal providers as well as an intuitive app to copy trade whilst on the go. Other notable mentions we like include eToro’s proprietary platforms and third-party platform, ZuluTrade. There are many pros but equally many cons of social trading that you should consider before starting.

What Is The Best Copy Trading Platform For Beginners?

I’m new to forex trading, are any of these brokers easy to get started with, low minimum deposit, and beginner support?? Our team opened accounts with all of these regulated brokers to fact-check published data by each broker. You can trade forex in https://www.binaryoptions.co.uk/iqcent the U.S. through a regulated online broker licensed by the NFA and overseen by the CFTC.

• Consult relevant financial professionals in your country of residence to get personalized advice before you make any trading or investing decisions.
• Our "Best Copy Trading Platforms of 2025" page compares trusted platforms side by side to help you find one that suits your goals.
• You’ve got their own FOREX.com platform, as well as MT4, MT5, NinjaTrader, and TradingView – there’s basically a platform for every trading style.
• From our research, MetaTrader 4 is the best copy trading software in the USA.
• AvaTrade is a well-regulated broker offering commission-free trading, multiple platforms, and strong copy trading tools.

There is a common misconception that financial agencies supervise brokers across numerous jurisdictions. We’ve verified the regulatory credentials of every trading platform below. Here you will find not only one of the best CFD brokers but also one that is extremely well-regulated around the world by CySEC and a number of other top bodies. BDSwiss is our next choice as one of the top CFD brokers you can choose to trade with.

Is Forex Trading Legal In The Us?

Where things get slightly tricky is that simply choosing any ‘regulated broker’ isn’t enough. Trading in any type of financial product including forex, CFDs, stocks, and cryptocurrencies. BDSwiss is a very strong competitor in the industry when it comes to CFD brokers. This number includes over 50 forex currency pairs which is an impressive selection for any broker. You can also always take a look at our Pepperstone review for an in-depth rundown on everything this top forex broker choice has to offer or visit Pepperstone. When it comes to copy trading FXTM has a dedicated offering through their FXTM Invest account option.

How To Choose The Best Strategy Provider

Diversifying across multiple traders can help reduce risk. It’s a hands-off way to gain exposure to forex, stocks, or crypto while learning from experienced traders. No, copy trading is legal in most countries as long as you use a regulated broker or platform. Your profit or loss matches the trader’s performance, scaled to your investment amount.

Trade execution is fully automated, making it suitable for beginners and time-constrained investors Here are the main benefits and drawbacks of choosing Vantage Markets as your Forex broker. By combining institutional-grade copy trading infrastructure, advanced execution technology, and global regulatory oversight, Vantage Markets provides a structured environment for both active and passive portfolio participation. The broker operates under a diversified regulatory structure including ASIC, FCA, FSCA, CIMA, and VFSC, with client protections such as segregated funds, negative balance protection, and insurance coverage of up to 1,000,000 USD via Lloyd’s of London.

Metatrader 4

Choosing a copy trading platform that offers comprehensive trader resources and trading tools allows you to achieve better returns. Copy trading, on the other hand, is more focused on automatically copying the trades of successful traders without the need for social interaction or discussion. Copy trading is popular in the US because it offers a way for individuals to replicate the trades of experienced or professional traders, without the need to come up with one’s own trading strategies. EToro stands out with its huge social trading community (+30 million users) and easy-to-use proprietary trading platforms, eToro, CopyTrader and SmartPortfolios.