Guru Trade Clone
Individuals in the financial markets can automatically copy positions made and maintained by a different qualified expert trader by using a software programme called copy trading. Using the desired leverage, traders can mimic particular techniques using this technique. You are free to invest less or more than the strategy owner’s advised allocation.
The list of guru trade clones and applications with their most popular features and website connections is provided below The list includes both open source (free) and proprietary (expensive) software.
1.AvaTrade
One of the top forex copy trading platforms, AvaTrade is established in Ireland and is overseen by the Central Bank of Ireland in Europe. Only a select few reputable forex brokers provide fixed spread forex trading, including them. You have access to a wide selection of copy trading and social media sites with Avatrade.
This is among the greatest platforms for copy trading because it enables automatic, real-time copying of trading operations between trading accounts. Direct access to it is provided through the Meta-Trader 5 platform. The basic idea behind the service is that a trader makes their transactions on the financial markets accessible to the public while also allowing other users to subscribe to this signal. It automatically carries out the subscribers’
Features:
- The Signals tab of the MetaTrader platform features both free and paid signals.
- From anywhere in the world, take command.
- Best Forex Copy Trading Broker Globally Regulated
- Enjoy 24/7 trading by trading cryptocurrencies as CFDs.
- Money-transfer, credit card, and PayPal funding options
- MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile Apps are available as platforms.
Basic Information:
- Account Demo: Yes
- $100 is the minimal deposit.
- Among the traded securities are Forex, cryptocurrencies, stocks, commodities, futures, indices, bonds, and ETFs.
- Laws: EU CBI, PFSA, ASIC, BVIFSC, FSA, FFAJ, and SAFCSA
- Initial Year: 2006
- Live chat, email, and phone customer service
2. Etoro
Over 12,000,000 traders utilise Etoro, a copy trading website that was launched in 2006. Stocks, commodities, forex, CFDs, social trading, indice cryptocurrencies, index-based funds, and exchange-traded funds are all available on this copied trading platform (ETF).
One of the greatest social and copy trading platforms is eToro, which is perfect for new users who like to stick with simpler usability.
Features
- Trade and invest in prestigious stocks and ETFs.
- Develop your portfolio of cryptocurrencies.
- Identify your investors.
- Platforms: Tablet, Web Trader, and Mobile Apps
- Account Types: VIP account Islamic account Standard account
Key Specifications:
- Yes, a demo account
- Minimum Down Payment: $50
- Crypto, CFD, stocks, and ETF are traded securities.
- CIF, CySEC, FCA, MiFID, AFSL, and ASIC regulations
- Year of Foundation: 2007
- Live Chat and email support for customers.
3.Trading PrimeXBT copies
PrimeXBT is a copy trading platform that welcomes both experienced traders and beginners.It helps seasoned traders monetize their skills by allowing others to copy their strategies.
Features:
- Diversify and lower your risks.
- gives users access to a variety of markets and provides 100 different trading products on a single platform.
Key Specifications:
- Demo account: Yes; the Contest module offers a demo account.
- Minimum Down Payment: $50
- Forex, indices, commodities, and cryptocurrencies are traded securities.
- Australian ASIC regulations
- Year of founding: 2018
- Live Chat and email help are available for customers.
4.A copy trading platform called Naga Naga automatically replicates your trades.
You can use the leaderboard to find out other investors’ numbers and decide who to copy to make the biggest profit on your trade.
Features:
- You will have full access to all Naga trading markets.
- using Messenger to share analysis
- permits you to choose the specific investment amount or adjust the auto-copy ratio.
- You can set stop loss and take profit restrictions to safeguard your trading profits and cut losses.
- It provides a user-friendly investors leaderboard.
- Platforms supported include iOS and Android.
Key Specifications:
- Yes, a demo account
- No, there is no minimum deposit amount needed for initial deposits.
- Forex, CFDs, indices, shares, commodities, and cryptocurrencies are among the securities traded.
- Regulations: FCA and CySEC
- Established in 2015
5. FXTM Another well-liked platform for duplicate trading is FXTM.
This is a very active worldwide ECN broker, notably in markets in Asia and Africa.They provide a wide variety of options for account types.For a minimum deposit of $100, this duplicate trading platform also provides the FXTM Invest service.At FXTM, you may start emulating elite traders with a $100 minimum deposit. Because of this, copy trade is quite easy to do.
- a single area where you may access all of your trading accounts
- Trade more than 250 financial CFD instruments while on the move.
- trade across desktop and mobile devices.
- View real-time prices and the most current price adjustments.
- Unlock a variety of order functions
- several laws (FCA, CySEC, FSC).
- More than 250 distinct financial CFD products.
- Trading carries no commission.
- extensive education and study.
Key Specifications:
- Yes, a demo account
- Lowest Deposit: $10
- Trading in currencies, cryptocurrencies, stocks, indices, commodities, and metals.
- FSCM regulations
- Founded in 2011
- Support for customers: Live Chat, Email, and Phone
6. BingX
With over 1 million members across 100+ areas, BingX is a copy trading site. It offers over 100 cryptocurrencies, including Bitcoin, Ethereum, Dogecoin, Safemoon, Solana, etc. To lower the risks, users can replicate trade using a demo account. Users can examine the techniques while making money by using important indicators like trader’s account assets, cumulative P&L, 30D profit rate, maximum drawdown, etc.
With the introduction of the new feed function, traders may now share their predictions for potential trends and insights, fostering communication among copy traders. Additionally supported by BingX’s copy trading platform are DeFi, NFT, Indices, Commodities, Forex, and Layer2. BingX traders can now enhance the exchange’s API on their homepage in order to present their performance in a more thorough manner.
Features:
- Copy trading for professionals, as well as social trading
- automated trading robot
- Practice trading
- Feed functionality to support trader conversations
- 24 hour trading accessibility
- Review of cryptocurrencies
Key Specifications:
- Platforms: Tablet & Mobile Apps, Web Trader
- Yes, a demo account
- Lowest Deposit: 0 $
- Security traded: indexes, commodities, forex, and cryptocurrencies
- Regulations: EU CBI, MTR, FINTRAC MSB, Australia DCE AUSTRAC
- Year of Inception: 2018
- Live Chat and email support for customers.
7. ZuluTrade
Over 40 forex brokers are supported by ZuluTrade, with their integrated solution being one of them (AAAFx). Investors with active brokerage accounts can effortlessly link a new account through their current broker.
One of the top copy trading platforms, it allows you to filter brokers based on criteria like the minimum deposit required to start trading forex and availability on mobile devices. ZuluTrade now enables Facebook login, making it handy for users who check their accounts frequently.
Features:
- A spreadsheet listing all the simulated deals is available for download.
- Joining ZuluTrade is cost-free because all you have to pay is the spread on transactions.
- allows investors to imitate the portfolios of other investors,
- Give you a warning if a margin call happens, and you can even download a spreadsheet with all the simulated trades.
Key Specifications:
- Yes, a demo account
- $200 minimum down payment
- Traded assets include commodities, stocks, cryptocurrencies, and forex.
- Rules: CFTC and NFA
- Year of Foundation: 2007
- Customer service options include live chat, email, and phone.
What Is the Process of Copy Trading?
One of the most crucial things to learn about copy trading is the omninos trading process itself.
The process is as follows:
The trader opens a trade when copy trading. After that, the investor (you) mimics the trader. Typically, no manual actions are necessary for this to happen automatically. With the trader you copied, you may make money or lose money. So, if their positions advance, yours will as well. The exact opposite, however, is also possible.
