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Rankings updated November 2026

Copy Trading Crypto

From understanding how it works to selecting the best platforms, this guide demystifies the process of copy trading crypto, empowering both novice and experienced traders to replicate the strategies of successful traders in the digital currency space.

Best Crypto Copy Trading Platforms

These are the highest-rated platforms that offer copy trading on cryptocurrencies based on our reviews:

Tested with a live trading account Accepts traders from New Zealand Your capital is at risk. Trade only with funds you can afford to lose.
  1. Our top pick in New Zealand
    • Demo account
    • Regulator: FMA, FSA
    • Min. deposit: $0
    • Demo account
    • Regulator: FCA, FSCA, FSA
    • Min. deposit: $50
    • Demo account
    • Platforms: MT4, MT5, TradingCentral
    • Min. deposit: $5
    • Demo account
    • Min. deposit: $100
    • Min. trade: 0.01 Lots
    • Demo account
    • Regulator: FSC
    • Platforms: R StocksTrader, MT4, MT5, TradingView
    • Demo account
    • Regulator: ASIC, CySEC, FSA, SCB, CMA-Kenya
    • Min. deposit: $200

Learn how we test brokers and why you can trust our ratings.

This is why we think these brokers are the best in this category in 2026:

  1. BlackBull 4.5/5 Blackbull stands out with its sheer range of copy trading solutions, from its own CopyTrader to HokoCloud, DupliTrade and Myfxbook. With rich metrics to analyze strategy providers, including annual returns and percentage returns, on user-friendly dashboards, it offers one of the most comprehensive copy trading packages that you can find today, especially since adding cTrader Copy in 2025.
  2. Moneta Markets 4.4/5 Moneta Markets is one of few brokers that offers its own social trading service, allowing clients to engage in copy trading through its user-friendly CopyTrader app. This easy-to-use solution lets beginner traders select and follow seasoned traders, accessing real-time performance statistics. Moneta Markets also offers ZuluTrade, a respected social and copy trading platform.
  3. XM 4.8/5 XM offers copy trading through its intuitive app with exclusive crypto pairs. XM global offers a pre-integrated signals service via the MT5 platform. Aspiring investors can view detailed performance metrics and copy the trades of strategy managers. It's easy to set up, only requiring a handful of steps after logging in to your MQL5 community account.
  4. AvaTrade 4.9/5 AvaTrade maintains a top position when it comes to social and copy trading tools. Traders can access the proprietary AvaSocial app as well as popular third-party platforms, DupliTrade and ZuluTrade. The comprehensive performance metrics can help you find the right strategy provider for your goals and risk appetite.
  5. RoboForex 4.5/5 RoboForex’s CopyFX service is designed specifically for currency traders with flexible control over your funds. The ‘Rating’ view provides helpful metrics on master traders, notably profit/loss, maximum drawdown, balance and number of trades spanning time intervals from 1 week to 6 months. That said, the joining process and resources are convoluted, which may confuse newer investors, while the interface trails the smooth user experience provided by category leaders like eToro.
  6. IC 4.8/5 Launched in February 2023, the IC Social app offers an intuitive way to learn, share, and mirror the positions of other traders with just a few clicks. Additionally, the app features risk management tools and supports dedicated trading groups. Alternatively, IC grants access to Signal Start, along with well-known third-party copy trading platforms including ZuluTrade and cTrader Copy.

Community Sentiment

See how users rate these brokers based on the average customer ratings submitted on DayTrading.com, plus ratings from Trustpilot, the Apple App Store and Google Play.

Community Sentiment
BrokerOur Users' RatingTrustpilot ScoreTrustpilot ReviewsiOS App RatingAndroid App Rating
BlackBull 4.0 / 54.7 / 535203.7 / 53.7 / 5
Moneta Markets 4.5 / 54.2 / 56545.0 / 54.4 / 5
XM 4.6 / 52.0 / 530814.7 / 53.9 / 5
AvaTrade 4.3 / 54.8 / 5136754.3 / 54.0 / 5
RoboForex 4.4 / 52.0 / 57744.7 / 54.4 / 5
IC 4.3 / 53.0 / 523.1 / 54.2 / 5

BlackBull

After improving its trading infrastructure with Equinix servers in London, reducing latency for traders, BlackBull is an obvious choice if you want to day trade stock CFDs with ECN pricing. With competitive spreads and no commission on a growing roster of digital tokens paired with USD, BlackBull also works for active crypto traders.

Christian Harris Christian Harris, Reviewer

BlackBull quick facts

Demo Account
✔Yes
Instruments
CFDs, Stocks, Indices, Commodities, Futures, Crypto
Regulator
FMA, FSA
Platforms
BlackBull Invest, BlackBull CopyTrader, MT4, MT5, cTrader, TradingView, AutoChartist
Minimum Deposit
$0
Minimum Trade
0.01 Lots
Account Currencies
USD, EUR, GBP, CAD, AUD, NZD, JPY, ZAR, SGD

Pros

  • BlackBull is a much greater fit for aspiring traders following the overhaul of its ECN Prime account, now featuring improved spreads averaging 0.16 on EUR/USD and a more accessible minimum deposit of $0 compared to the old $2,000.
  • With two ECN-powered accounts (Standard and Prime), plus Prime+ - an active trader rewards program offering trading rebates - BlackBull accommodates beginners through to high-volume active traders.
  • BlackBulls’s research is superb, especially the daily ‘Trading Opportunities’ articles that break down complex market movements into easy-to-understand insights, making it simpler to capitalize on emerging trends.

Cons

  • Unlike most top brokers, BlackBull charges an irritating $5 withdrawal fee, which can detract from the overall cost-effectiveness, especially for active traders who frequently move funds.
  • Although the Education Hub now features improvements like webinars and tutorials, the courses we’ve explored need more focus on explaining the wider economic factors influencing prices.
  • Despite a growing selection of 2,180+ assets, including additions to its Asia Pacific indices, they are mainly stocks with an average selection of currency pairs and indices.

Moneta Markets

With ECN pricing featuring spreads from 0 and commissions from $1, leveraged trading, and terrific charting platforms, Moneta Markets is an excellent broker for experienced day traders.

Christian Harris Christian Harris, Reviewer

Moneta Markets quick facts

Demo Account
✔Yes
Instruments
CFDs, Forex, Stocks, Indices, Commodities, ETFs, Crypto
Regulator
FCA, FSCA, FSA
Platforms
AppTrader, ProTrader 2.0, MT4, MT5, TradingCentral
Minimum Deposit
$50
Minimum Trade
0.01 Lots
Account Currencies
USD, EUR, GBP, CAD, NZD, JPY, HKD, SGD, BRL

Pros

  • Registering for an account with Moneta Markets is quick and easy through the digital sign-up process, taking just a few minutes with an accessible $50 minimum deposit.
  • Moneta Markets supports a growing suite of 1000+ tradable assets, with a particularly strong selection of commodities and more recently fresh index CFDs.
  • Moneta Markets makes account funding a breeze, with plenty of account currencies, zero transfer fees and a wide selection of traditional, digital and now crypto-backed payment methods.

Cons

  • Clients need an account balance of at least $500 to access educational materials, a serious drawback for beginners who can get free materials from brokers like IG and eToro.
  • The best pricing is reserved for traders who deposit $20,000 for the ECN Ultra account, putting it out of reach for most retail investors.
  • Although regulated by the FSCA, trading through the Seychelles-based entity may result in limited regulatory protections due to its offshore base and lax mandated account safeguards.

XM

With a low $5 minimum deposit, advanced charting platforms in MT4 and MT5, expanding range of markets, and a Zero account offering spreads from 0.0, XM provides all the essentials for active traders.

Christian Harris Christian Harris, Reviewer

XM quick facts

Demo Account
✔Yes
Instruments
CFDs, Forex, Stocks, Commodities, Indices, Thematic Indices, Precious Metals, Energies
Regulator
CySEC, DFSA, FSCA, SCA, FSA, FSC-Belize, FSC-Mauritius, CMA-Kenya, CMA-UAE
Platforms
MT4, MT5, TradingCentral
Minimum Deposit
$5
Minimum Trade
0.01 Lots
Account Currencies
USD, EUR, GBP, JPY, ZAR

Pros

  • XM stands out for its commitment to trader education, with a wealth of well-presented resources, including webinars, tutorials, and even real-time trading sessions through XM Live.
  • XM secured a category 5 license from the Securities and Commodities Authority (SCA) of the United Arab Emirates in late 2025, strengthening its regulatory credentials and making it a strong option for traders in the Middle East.
  • XM’s customer support has delivered over years of testing, with 24/7 assistance in 30 languages, response times of under 2 minutes and a growing Telegram channel.

Cons

  • XM relies solely on the MetaTrader platforms for desktop trading, so there’s no in-house downloadable solution for a more beginner-friendly user experience with unique features.
  • XM is falling behind the curve by not offering cTrader, which is favored over MetaTrader by some serious traders for its smoother user experience and superior charting package.
  • Although trusted and generally well-regulated in some regions, XM also has global entities registered with the weak regulators like FSC (Belize) and FSA (Seychelles), whilst UK clients are no longer accepted, reducing its market reach.

AvaTrade

Celebrating 20 Years in the industry, AvaTrade offers active traders everything they need: an intuitive WebTrader, powerful AvaProtect risk management, a smooth 5-minute sign-up process, and dependable support you can rely on in fast-moving markets.

Jemma Grist Jemma Grist, Reviewer

AvaTrade quick facts

Demo Account
✔Yes
Instruments
CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures
Regulator
ASIC, CySEC, FSCA, ISA, CBI, JFSA, BVI, FSRA/ADGM, AFM, CMA-Kenya, CIRO (via Friedberg Direct)
Platforms
WebTrader, AvaTradeGO, AvaOptions, AvaFutures, MT4, MT5, AlgoTrader, TradingView, TradingCentral, DupliTrade
Minimum Deposit
$100
Minimum Trade
0.01 Lots
Account Currencies
USD, EUR, GBP, CAD, AUD, ZAR

Pros

  • The WebTrader excelled in our hands-on tests, sporting a user-friendly interface for beginners, complete with robust charting tools like 6 chart layouts and 60+ technical indicators.
  • AvaFutures traders can now use TradingView for 100+ indicators, screeners and a calendar, the sharing of trade ideas, commissions from $0.45, intraday margins from $60, and access to exchanges like CME and EUREX.
  • Support at AvaTrade performed excellently during testing, with response times of 3 minutes and localized support in major trading jurisdictions, including the UK, Europe and the Middle East.

Cons

  • The AvaSocial app is good but not great – the look and feel, plus the navigation between finding strategy providers and account management needs upgrading to rival category leaders like eToro.
  • AvaTrade’s WebTrader has improved, but work is still needed in terms of customizability – frustratingly widgets like market watch and watchlists can’t be hidden, moved, or resized.
  • While signing up is a breeze, AvaTrade lacks an ECN account like Pepperstone or IC Markets, which provides the raw spreads and ultra-fast execution many day traders are looking for.

RoboForex

RoboForex is great if you want a vast range of 12,000+ day trading markets with ECN accounts, powerful charting and loyalty promotions. It also stands out for stock traders with its user-friendly R StocksTrader platform, featuring 3,000+ shares, fees from $0.01 and sophisticated watchlists.

Christian Harris Christian Harris, Reviewer

RoboForex quick facts

Demo Account
✔Yes
Instruments
CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Crypto
Regulator
FSC
Platforms
R StocksTrader, MT4, MT5, TradingView
Minimum Deposit
$10
Minimum Trade
0.01 Lots
Account Currencies
USD, EUR

Pros

  • The broker offers two commission-free withdrawals each month in the Free Funds Withdrawal program, helping day traders to minimize transaction costs.
  • The R Stocks Trader platform rivals leading solutions like MT4, with netting and hedging capabilities, comprehensive backtesting, Level II pricing, and a flexible workspace.
  • In 2026, RoboForex introduced swap-free trading across eligible accounts and regions, removing overnight interest charges, and potentially appealing to swing forex traders, though spreads and commissions may still apply.

Cons

  • Despite 15+ years in the industry and registering with the Financial Commission, RoboForex is authorized by one ‘Red-Tier’ regulator – the FSC in Belize, lowering the level of regulatory protections for traders.
  • Despite offering a range of platforms, RoboForex still doesn't support the increasingly popular cTrader. This might deter traders who prefer this specific platform for their day trading activities and is available at firms like Fusion Markets.
  • RoboForex now restricts base currency options to USD and EUR. This limitation may inconvenience day traders preferring to manage their accounts in other currencies, while potentially leading to conversion fees.

IC

IC (formerly IC Markets) offers superior pricing, exceptionally fast execution and seamless deposits. The introduction of advanced charting platforms, notably TradingView, and the Raw Trader Plus account, ensures it remains a top choice for intermediate to advanced day traders.

Christian Harris Christian Harris, Reviewer

IC quick facts

Demo Account
✔Yes
Instruments
CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto
Regulator
ASIC, CySEC, FSA, SCB, CMA-Kenya
Platforms
MT4, MT5, cTrader, TradingView, TradingCentral, DupliTrade, Quantower
Minimum Deposit
$200
Minimum Trade
0.01 Lots
Account Currencies
USD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD

Pros

  • You have access to over 2,250 CFDs across various markets, including forex, commodities, indices, stocks, bonds, and cryptocurrencies, allowing for diversified trading strategies.
  • IC offers among the tightest spreads in the industry, with 0.0-pip spreads on major currency pairs, making it especially cost-effective for day traders.
  • As a tightly regulated and widely respected broker, IC prioritizes client security and transparency, helping to ensure a reliable trading experience globally.

Cons

  • Interest isn't paid on unused cash, an increasingly popular feature found at alternatives like Interactive Brokers.
  • The breadth and depth of tutorials, webinars and educational resources still need work, trailing alternatives like CMC Markets and reducing its suitability for beginners.
  • There are fees for certain withdrawal methods, including a $20 wire charge, which can eat into profits, especially for frequent withdrawals.

How To Choose The Best Crypto Copy Trading Platforms

Choosing the best crypto copy trading service requires careful consideration of various factors to ensure a reliable and effective experience:

  • Research & Due Diligence: Consider the platform’s reputation, user reviews, and historical performance. Verify the legitimacy of the service, checking for licenses and compliance with regulations. eToro stands out as a multi-regulated and widely embraced social trading platform. I’ve personally used eToro’s copy trading service for years and can vouch for its legitimacy.
  • User Interface & Experience: Assess the overall trading experience of the platform. A user-friendly interface can make it easier for you to navigate, monitor your trades, and make informed decisions. Bybit provides a distinctive copy trading feature, allowing you to participate as either a trader to be copied or an investor seeking to replicate the strategies of others. This platform creates a fun social trading atmosphere.
  • Fees & Costs: Understand the fee structure of the crypto copy trading service. Different platforms may charge subscription fees, performance fees, or spreads. Evaluate how these fees may impact your overall returns and choose a platform that aligns with your goals. Vantage keeps things simple for copy traders, appealing to beginners especially by charging no additional fees beyond the crypto spread.
  • Traders’ Track Record: Evaluate the track records of the signal providers available. Examine their historical performance, risk management strategies, and consistency. Diversify your investments by selecting crypto traders with proven success in different market conditions. eToro excels here, providing you with diverse filters to locate crypto traders, complete with detailed performance information.
  • Risk Management: Assess the risk management features offered by the platform. Look for tools that allow you to set stop-loss limits, allocate capital easily, and manage the overall risk exposure of your crypto copy trading portfolio. These are all features available at Pepperstone.
  • Customer Support: Consider the quality of customer support provided by the platform. Quick and responsive support can be crucial in addressing any issues or concerns you may have during your crypto copy trading journey. AvaTrade is a great option if you want reliable support that is available 24/5 with fast response times based on our tests.
  • Community & Social Features: Some platforms offer social features that allow you to interact and share insights, which can be a great tool for beginners in particular. eToro stands out here as one of the largest social investment networks with millions of users globally, providing helpful insights into crypto market trends.

How To Avoid Dodgy Crypto Copy Trading Platforms

There are many legitimate and trustworthy brokers in the cryptocurrency market, but due to the decentralized and relatively new nature of the industry, there have been instances of scams.

Regulators now group copy trading, mirror trading and social trading under the umbrella of online imitative trading practices, highlighting both the potential benefits and the specific risks for retail investors in a 2025 report from the International Organization of Securities Commissions (IOSCO).

European regulators, led by the European Securities and Markets Authority (ESMA), have issued supervisory briefings on firms offering copy trading services, stressing transparent risk disclosures, robust suitability checks, and clear information about the traders being copied.

Always prioritize security and due diligence and watch out for these warning signs that we’ve collated following our own experiences in this space:

  • Unclear Fee Structure: Be wary of platforms with unclear or exorbitant fee structures. Legitimate crypto copy trading services are transparent about their fees, including subscription fees, performance fees, and any other costs associated with using their platform.
  • Guaranteed Profits: Be cautious of crypto platforms that promise guaranteed profits. Trading, including copy trading, always involves risks, and there are no guarantees of consistent or high returns.
  • Poorly Designed Platform: A poorly designed or unprofessional-looking platform may suggest a lack of commitment to providing a reliable service. Legitimate crypto copy trading platforms invest in user-friendly interfaces and robust security measures.
  • Limited Information on Traders: If a platform provides limited information about the crypto traders available for copy trading, it raises concerns. Reliable platforms offer detailed profiles of their crypto copy traders, including their trading strategies, risk management practices, and historical performance.
  • Absence of Customer Support: Lack of responsive and accessible customer support is a warning sign. Legitimate platforms prioritize customer service to address user inquiries and concerns promptly.
  • Unsolicited Contact: Be cautious of unsolicited contact, especially if it involves aggressive marketing tactics. Credible platforms do not typically resort to unsolicited messages or pressure tactics to attract users.

How To Copy Trade Crypto

Copy trading cryptocurrency involves automatically replicating the strategies of experienced traders, allowing you to mirror their trades and potentially profit from their expertise in this volatile market.

Here’s how you can get started with this hands-off trading strategy in five steps:

  1. Open a trading account
  2. Select a crypto trader to copy
  3. Allocate your investment capital
  4. Start copy trading crypto
  5. Monitor your portfolio

Open A Trading Account

Begin by selecting a reputable crypto copy trading broker following our guidance above.

Opening an account typically involves a straightforward registration process, where you’ll provide some personal details and, often, verify your identity.

You’ll also need to fund your account. Options for depositing funds often include bank transfers, credit cards, e-wallets like PayPal, and sometimes even direct cryptocurrency deposits.

The initial deposit requirement can vary significantly, from as low as $10 to several hundred dollars, depending on the platform you choose.

Select A Crypto Trader To Copy

Identify experienced crypto traders whose strategies align with your investment goals and risk tolerance.

Platforms usually offer detailed profiles of each trader, including their performance history, risk level, and the cryptocurrencies they trade.

eToro, for instance, clearly displays helpful metrics like returns over extended periods, the number of followers, and assigns a useful risk score.

Table of crypto portfolios you can copy on eToro
eToro – Cryptocurrency Signal Providers

Allocate Your Investment Capital

Deciding how much of your capital to allocate to each trader is crucial. Rather than putting all your funds behind one trader, it’s advisable to distribute your capital among several, assigning a percentage of your portfolio to each based on their risk profile and performance.

For instance, you might allocate a larger portion to a trader with a consistent track record in Bitcoin and Ethereum, while dedicating a smaller fraction to someone with a riskier approach, potentially involving newer, more volatile tokens.

Start Copy Trading Crypto

With your chosen traders and allocations set, the platform automatically executes trades on your behalf based on the activity of the crypto traders you’re copying.

There’s no need for further action from you to execute trades, as the system handles this process.

Monitor Your Portfolio

It’s sensible to monitor the performance of your crypto copy trading activities. This includes reviewing the success of the traders you are copying and staying informed on broader market trends, especially given the volatile nature of cryptocurrencies.

Should a trader’s strategy no longer align with your objectives, or if they start underperforming, consider reallocating your funds to other crypto traders. Conversely, if a trader consistently outperforms, you might want to increase your investment with them.

Copy trading cryptos on eToro
eToro – Platform for Copy Trading Cryptocurrency

Bottom Line

Successfully copy trading in the crypto market requires a blend of careful research, risk management, and a discerning choice of platforms and traders.

With these elements in place, you can navigate the complexities of the crypto landscape and potentially leverage the expertise of successful traders to optimize your trading strategies.

Just make sure you understand the legal and regulatory landscape in your country before adding funds to a platform.

FAQ

Is Copy Trading Crypto Legal?

The legality of copy trading in the crypto space varies by jurisdiction, so you should familiarize yourself with the regulations in your respective country.

While copy trading itself is generally legal, the platforms facilitating such services may need to adhere to specific financial regulations.

Does Copy Trading Crypto Work?

Copy trading in the crypto market can be effective if you are seeking exposure to the strategies of successful traders without actively managing your portfolios.

However, success depends on various factors, including the skill and performance of the chosen traders, market conditions, and the reliability of the copy trading platform.

Can You Lose All Your Money Copy Trading Crypto?

Yes, there is a risk of losing all your money when engaging in copy trading in the crypto market. The value of cryptocurrencies can be highly volatile, and market conditions can change rapidly. If the traders you are copying incur significant losses, those losses will be reflected in your own investment.

Make sure you carefully consider your risk tolerance, diversify your investments, and thoroughly research the traders and platforms you choose for copy trading to minimize the potential for significant losses.