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:
Here is a summary of why we recommend these brokers in June 2025:
- AvaTrade - 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.
- Skilling - Copy trading is available through Skilling Copy. 800+ strategies can be mirrored on the award-winning platform. Strategy providers can also use the service to generate an additional revenue stream.
- XM - 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.
- Deriv - Deriv allows clients to replicate the positions of experienced traders through signals on DMT5. You can receive signals in real-time and decide whether to action trades in your own account. The best part is that the process of copying is fully automated, which is ideal for beginners seeking a hands-off approach. Deriv is also one of a select few cTrader brokers to support copy trading for hands-off investing opportunities.
- Pepperstone - Pepperstone facilitates the replication of experienced traders' strategies through MetaTrader Signals, DupliTrade and now its own copy trading app (available in certain regions) through a partnership with Pelican Trading, providing access to thousands of experienced traders and personalized risk parameters. On the downside, it lacks support for cTrader Copy which may deter users familiar with the terminal from Spotware.
- LiteForex Europe - The LiteForex copy trading system is available to all clients and allows users to replicate positions and strategies in their own accounts. Simply choose a trader using the broker's rating system, make a deposit and decide on an investment term.
AvaTrade
"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, 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, FSA, FSRA, BVI, ADGM, CIRO, AFM |
| Platforms | WebTrader, AvaTradeGO, AvaOptions, AvaFutures, MT4, MT5, AlgoTrader, TradingCentral, DupliTrade |
| Minimum Deposit | $100 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:30 (Retail) 1:400 (Pro) |
| Account Currencies | USD, EUR, GBP, CAD, AUD |
Pros
- 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.
- AvaTrade launched AvaFutures to offer low-margin access to global markets, then expanded further in 2025 as one of the first brokers to add CME’s Micro Grain Futures - financially settled contracts at 1/10th the size of standard contracts for key commodities like corn, wheat, and soybeans.
- 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.
Cons
- 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.
- 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.
- 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.
Skilling
"Skilling maintains its position as a top pick for beginners looking for a competitive zero commission account with direct access to a copy trading feature. It will also serve experienced strategy providers looking to earn commissions, or anyone looking to trade forex during extended hours."
William Berg, Reviewer
Skilling Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | Forex, CFDs, Stocks, Indices, Commodities and Cryptos |
| Regulator | CySEC |
| Platforms | Skilling Trader, MT4, cTrader, TradingView |
| Minimum Deposit | 1000 SEK |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:30 (Retail) |
| Account Currencies | USD, EUR, GBP, SEK, NOK |
Pros
- Skilling continues to strengthen its investment offering recently introducing weekend forex trading on 7 currency pairs
- The broker has a solid global reputation and is regulated by top-tier authorities including the CySEC
- The broker offers smooth account funding with a good range of payment methods with zero deposit fees
Cons
- Skilling trails alternatives like IG when it comes to research tools that can help day traders make informed decisions
- You can only access shares in the Skilling Trader platform and fewer instruments are available overall in the MT4 accounts
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, even earning our ‘Best MT4/MT5 Broker’ award in recent years."
XM Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs, Forex, Stocks, Commodities, Indices, Thematic Indices, Precious Metals, Energies |
| Regulator | ASIC, CySEC, DFSA, IFSC |
| Platforms | MT4, MT5, TradingCentral |
| Minimum Deposit | $5 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:30 |
| Account Currencies | USD, EUR, GBP, JPY |
Pros
- XM’s Zero account is ideal for day trading with spreads from 0.0 pips, 99.35% of orders executed in <1 second, and no requotes or rejections.
- XM’s growing roster of 1,000+ instruments provides diverse short-term trading opportunities, with unique turbo stocks, fractional shares, and more recently thematic indices.
- 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.
Cons
- XM is falling behind the curve by not offering cTrader and TradingView which are increasingly being favored over MetaTrader for their smoother user experience and superior charting packages.
- XM relies solely on the MetaTrader platforms for desktop trading, so there’s no in-house downloadable or web-accessible solution for a more beginner-friendly user experience with unique features.
- While the XM app stands out for its usability and exclusive copy trading products, the selection of technical analysis tools needs to be improved to meet the needs of advanced traders.
Deriv
"Deriv is ideal for active traders seeking alternative and unique ways to speculate on global financial markets, from multipliers and accumulator options to its bespoke synthetic indices, which mimic real market movements and are available 24/7, allowing for continuous trading opportunities regardless of market hours."
Deriv Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs, Multipliers, Accumulators, Synthetic Indices, Forex, Stocks, Options, Commodities, ETFs |
| Regulator | MFSA, LFSA, BVIFSC, VFSC, FSC, SVGFSA |
| Platforms | Deriv Trader, Deriv X, Deriv Go, MT5, cTrader, TradingView |
| Minimum Deposit | $5 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:1000 |
| Account Currencies | USD, EUR, GBP |
Pros
- Deriv stands out with its innovative products, from multipliers and derived indices to its addition of accumulator options, providing exclusive short-term trading opportunities.
- Account funding is a breeze with a very low minimum deposit of $5 and a huge selection of payment options, plus Tether was added to the cashier in 2023.
- After integrating TradingView and adding MT5 web trader, Deriv now offers a first-class selection of charting tools across desktop, web and mobile devices.
Cons
- While the Academy launched in 2021 is a step in the right direction, there is limited education on advanced trading topics for seasoned traders and no live webinars to upskill new traders.
- Leverage up to 1:1000 will appeal to traders with a large risk appetite but frustratingly there is no ability to flex the leverage in the account area.
- Although there’s a basic blog, there's little in terms of technical analysis or market reports which could help active traders identify potential opportunities.
Pepperstone
"Pepperstone stands out as a top choice for day trading, offering razor-sharp spreads, ultra-fast execution, and advanced charting platforms for experienced traders. New traders are also welcomed with no minimum deposit, extensive educational resources, and exceptional 24/7 support."
Pepperstone Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto, Spread Betting |
| Regulator | FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB |
| Platforms | MT4, MT5, cTrader, TradingView, AutoChartist, DupliTrade, Quantower |
| Minimum Deposit | $0 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:30 (Retail), 1:500 (Pro) |
| Account Currencies | USD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD |
Pros
- Pepperstone has scooped multiple DayTrading.com annual awards over the years, most recently 'Best Overall Broker' in 2025 and 'Best Forex Broker' runner up in 2025.
- Pepperstone has greatly improved the deposit and withdrawal experience in recent years, adding Apple Pay and Google Pay in 2025, as well as PIX and SPEI for clients in Brazil and Mexico in 2024.
- There’s support for a range of industry-leading charting platforms including MT4, MT5, TradingView, and cTrader, catering to various short-term trading styles, including algo trading.
Cons
- Despite enhancements to its range of markets, crypto offerings are relatively limited compared to other brokers who focus on this area, with no option to invest in real coins.
- Pepperstone does not support cTrader Copy, a popular copy trading feature built into the excellent cTrader platform and available at alternatives like IC Markets, though it has introduced an intuitive copy trading app.
- Pepperstone’s demo accounts are active for only 30 days, which may not be not long enough to familiarize yourself with the different platforms and test trading strategies.
LiteForex Europe
"LiteForex is a good option for active day traders with variable spreads from 0.0 pips, daily analysis and high-quality training guides. The forex copy system also lets you duplicate the positions of experienced traders."
LiteForex Europe Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs, Forex, Indices, Commodities |
| Regulator | CySEC, AFM |
| Platforms | MT4, MT5 |
| Minimum Deposit | $50 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:30 |
| Account Currencies | USD, EUR, GBP, CHF |
Pros
- LiteForex has been established for 15+ years and is regulated by a trusted regulator, CySEC
- There's a comprehensive analytics portal by Claws&Horns, which offers video reviews, expert insights and short-term trading signals
- LiteForex offers a range of proprietary mobile app tools which are ideal for traders who want to analyze the markets on the go
Cons
- Fees are fairly high, with spreads starting from 2.0 pips in the Classic account and $10 forex commissions in the ECN account
- There is no swap-free trading account for Muslim day traders
- The range of day trading markets is limited compared to alternatives, with no share CFDs offered
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.
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:
- Open a trading account
- Select a crypto trader to copy
- Allocate your investment capital
- Start copy trading crypto
- 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.
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.
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.