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74%+ of retail accounts lose money

Best forex apps for copy trading 2026

Risk warning: 74–89% of retail CFD accounts lose money. Past performance of any copied trader is not indicative of future results. Always check maximum drawdown, not just YTD return.
Affiliate disclosure: We may earn a commission when you open an account via links on this page. Edited by Max Yao. See our methodology.

Copy trading platforms let you mirror another trader's positions automatically. The most common beginner mistake is selecting traders based on YTD return without checking maximum drawdown. A trader up 80% on the year may have had a 60% drawdown at some point — if you joined at the peak, you experienced the 60% loss even though the annual figure looks positive.

#1
eToro

Largest copy-trading network. 30M+ users, PopularInvestors programme. FCA 583263.

Spread: 1.0 pip EUR/USD · Min copy: $200 per copy
Open demo
#2
ZuluTrade

10,000+ signal providers. Subscription model or spread share. EU regulated.

Spread: Depends on connected broker · Min copy: $300 copy minimum
Open demo
#3
DupliTrade

Curated list of ~30 vetted providers. Higher minimum but better signal quality filter.

Spread: Depends on connected broker · Min copy: $2,000 minimum
Open demo

What is copy trading? · What is drawdown? · eToro full review · eToro vs OANDA