Choosing the best copy trading platforms in the UK for 2025 starts with understanding which providers are safe, FCA-regulated, and cost-effective.
This guide compares the top options by fees, tools, and trader performance so you can follow experienced investors with confidence.
All recommendations prioritise transparency, UK suitability, and clear risk guidance.
Key takeaway: Which is the best copy trading platform in the UK?
eToro is the best overall copy trading platform for most UK beginners and intermediate investors. It combines FCA regulation, an intuitive interface, transparent trader performance stats, and one of the largest social trading communities in the world. Its CopyTrader™ system is simple to use, costs are clear, and the platform makes comparing and evaluating traders far easier than most alternatives, making it the strongest all-round choice for safe, user-friendly copy trading in the UK.
Top 3 copy trading platforms & what they’re best for
- eToro – Best for beginners & overall copy trading
- Pepperstone – Best for advanced traders & strategy tools
- AvaTrade – Best for advanced traders & strategy tools
Our recommended copy trading platforms UK
| Platform | Regulation & safety | Fees & costs | Tools & features | Best for |
|---|---|---|---|---|
| eToro | FCA-regulated, strong client protection, large audited community data | £0 commission on real stocks, competitive spreads, no extra copy fees | CopyTrader™, Smart Portfolios, social feed, transparent trader stats | Beginners & passive copy traders |
| Pepperstone | FCA-regulated, segregated funds, high execution quality | Low spreads, Razor account commissions, no inactivity fees | DupliTrade, MetaTrader Signals, Myfxbook AutoTrade, advanced analytics | Intermediate & advanced traders |
| AvaTrade | Globally regulated (CBI, ASIC), but not FCA-regulated for UK onboarding | Fixed spreads on FX, no withdrawal fees, inactivity fee applies | ZuluTrade, DupliTrade, AvaSocial, strong education via AvaAcademy | International users & beginners wanting guidance |
Copy trading platforms reviews
Copy trading platforms vary in features, fees, and risk controls, so the reviews below focus on ease of use, copying tools, and suitability for beginners.
1. eToro – Best for beginners & overall copy trading
Key info (quick facts)
| Feature | Details |
|---|---|
| FCA Regulated | Yes – eToro (UK) Ltd |
| Copy Trading Fees | £0 extra |
| Minimum to Copy | $200 per trader |
| Assets You Can Copy | Stocks, ETFs, crypto, forex, indices, commodities, Smart Portfolios |
| Best For | Beginners and passive UK traders |
| Client Protection | FSCS up to £85,000 (non-crypto) |
| Ease of Use | Very high – simple mobile and desktop app |
How trustworthy and well-regulated is this platform?
eToro is highly trustworthy for UK users because it is FCA-regulated, keeps client funds in segregated accounts, and offers FSCS protection up to £85,000 for eligible non-crypto assets. Crypto holdings are not protected, but eToro uses strong security, including two-factor authentication and transparent trader risk scores from 1 to 10, giving beginners clear visibility over the risk level of each investor they may want to copy.
How much does it cost to copy traders on this platform?
Copy trading on eToro has no additional fees, making it one of the lowest-cost options for UK users. You only pay standard spreads, any overnight CFD fees, and USD conversion fees since all accounts operate in US dollars. The minimum to copy a trader is $200 and withdrawals cost $5, while real stocks and ETFs are commission-free. Pricing is competitive overall, though frequent withdrawals or CFD-heavy strategies can increase costs.
How strong are the trader-selection tools and performance metrics?
eToro offers excellent trader-selection tools, with detailed multi-year performance records, monthly results, drawdowns, asset allocation, and a risk score between 1 and 10. Each trader profile shows copier growth, open positions, portfolio composition, and consistency trends, helping users avoid high-risk or short-term strategies.
ProCharts is available for Club members, but all users can still filter traders by performance stability, region, diversification and volatility.
What assets and trading strategies can you copy here?
You can copy traders investing across stocks, ETFs, forex, commodities, indices and cryptocurrencies, giving eToro one of the most diverse copy-trading offerings in the UK.
Strategies include long-term equity investing, dividend portfolios, crypto trading, forex strategies, and multi-asset investing. Smart Portfolios provide a hands-off alternative, combining professionally curated themes with clear performance data and risk ratings, ideal for passive investors.
How easy is the platform to use, and who is it best for?
eToro is very easy to use, with a clean interface, social-style feed, intuitive trader comparisons and a £100,000 demo account for beginners. Copying is one click: choose a trader, set an amount and eToro mirrors their trades in real time with built-in stop-loss tools.
It is ideal for beginners and passive users wanting minimal input, though experienced traders also benefit from transparent data and community insights.
Read the complete eToro review here.
Pros and cons of eToro copy trading
Pros
- FCA-regulated and trusted
- No copy trading fees
- Transparent risk scores
- Extremely beginner-friendly
- Smart Portfolios for passive investing
- Large social-trading community
Cons
- USD-only accounts mean FX fees
- Some traders use high-risk strategies
- CFDs are high risk for beginners
- Occasional execution delay
- Customer support can be slow
2. Pepperstone – Best for advanced traders & strategy tools
Key info (quick facts)
| Feature | Details |
|---|---|
| FCA Regulated | Yes – Pepperstone UK Ltd |
| Copy Trading Fees | £0 extra |
| Minimum to Copy | No platform minimum; third-party tools may require $200–$500 |
| Assets You Can Copy | Forex, indices, commodities, crypto CFDs, equities CFDs, ETF CFDs |
| Best For | Intermediate and advanced copy traders |
| Client Protection | FSCS up to £85,000 (UK retail) |
| Ease of Use | High – multiple platforms and fast execution |
How trustworthy and well-regulated is this platform?
Pepperstone is highly trustworthy because it is FCA-regulated, provides FSCS protection up to £85,000 for UK retail clients, and keeps funds in segregated Tier-1 bank accounts. With licences in seven major jurisdictions and negative balance protection for UK users, Pepperstone offers a strong, secure environment for copy trading and automated strategies.
How much does it cost to copy traders on this platform?
Pepperstone charges no extra fees for copy trading, but users pay the underlying spreads and commissions on MT4/MT5, cTrader, or TradingView. Razor accounts provide the lowest costs, while Standard accounts fold fees into wider spreads. Third-party platforms like DupliTrade or Signal Start may charge their own minimums or subscriptions, but Pepperstone itself remains competitively priced for frequent and high-volume copy traders.
How strong are the trader-selection tools and performance metrics?
Pepperstone offers strong copy-trader selection through MT4 Signals, cTrader Copy, DupliTrade, and Pelican. These tools include verified performance data, risk scores, drawdowns, equity curves and trade histories, enabling users to assess strategy consistency quickly. Combined with Pepperstone’s low-latency execution and liquidity, the overall copy-trading toolkit is well suited to informed, data-driven traders.
What assets and trading strategies can you copy here?
Pepperstone supports copying across forex, indices, commodities, equities, ETFs and select crypto CFDs. Traders can mirror scalping systems, swing strategies, algorithmic models and diversified multi-market approaches, depending on the platform used. The selection is entirely CFD-based for UK clients, making it ideal for active trading but less suited to long-term investors.
How easy is the platform to use, and who is it best for?
Pepperstone is easy to use if you already understand MT4/MT5, cTrader or TradingView, with straightforward subscription-based copying and intuitive risk controls. Its speed and flexibility make it best for intermediate and advanced traders who want fast execution, algorithmic options and multiple ways to copy strategies. Beginners can use it, but the choice of platforms is more technical than on beginner-focused apps.
Read the complete Pepperstone review here.
Pros and cons of Pepperstone copy trading
Pros
- FCA-regulated and FSCS-protected
- No Pepperstone fees for copy trading
- Multiple copy platforms (MT4 Signals, cTrader Copy, DupliTrade, Pelican)
- Excellent spreads and execution for high-frequency strategies
- Ideal for algorithmic and advanced traders
- Deep liquidity and consistently fast fills
Cons
- CFD-only copying increases risk for beginners
- Third-party copy services may require minimum deposits
- Platform complexity may overwhelm new users
- No built-in social leaderboard like eToro
- Crypto CFDs unavailable for most UK retail clients
3. AvaTrade – Best for advanced traders & strategy tools
Key info (quick facts)
| Feature | Details |
|---|---|
| FCA Regulated | No – regulated by the Central Bank of Ireland (CBI) |
| Copy Trading Fees | £0 extra |
| Minimum to Copy | Usually $100–$200 depending on platform |
| Assets You Can Copy | Forex, indices, commodities, stocks, ETFs, crypto CFDs |
| Best For | Beginners and social traders outside the UK |
| Client Protection | No FSCS; EU protections via CBI |
| Ease of Use | Good – simple via ZuluTrade, DupliTrade, AvaSocial |
How trustworthy and well-regulated is this platform?
AvaTrade is regulated by the Central Bank of Ireland, not the FCA, so UK users do not receive FSCS coverage, but still benefit from EU-style protections and negative balance protection. It is considered trustworthy globally due to multiple Tier-1 licences and strong security, though the lack of UK regulation is a key limitation for local traders.
How much does it cost to copy traders on this platform?
AvaTrade does not charge copy-trading fees, and costs come from its fixed spreads, which begin around 0.9 pips. ZuluTrade and DupliTrade may set minimum deposits or add optional subscription charges depending on the trader you follow. Deposits and withdrawals are free, making overall pricing straightforward but not the cheapest in the UK.
How strong are the trader-selection tools and performance metrics?
AvaTrade’s copy-trader selection relies on ZuluTrade, DupliTrade and AvaSocial, all of which offer clear performance data, risk scoring, drawdown metrics and trade histories. These platforms make evaluating traders easy, but AvaTrade’s own native tools are limited, so users depend mainly on third-party interfaces for proper analysis.
What assets and trading strategies can you copy here?
AvaTrade allows copying across forex, indices, commodities, stocks, ETFs and crypto CFDs (except for UK retail clients). Strategies range from automated forex systems to diversified multi-market signal providers. The range is broad, but all copy positions use CFDs, making it better for active traders rather than long-term investors.
How easy is the platform to use, and who is it best for?
AvaTrade is easy for beginners because ZuluTrade, DupliTrade and AvaSocial provide simple interfaces for selecting and copying strategies. It suits new or internationally based traders who want straightforward social trading, but UK users may prefer FCA-regulated alternatives offering stronger protections.
Pros and cons of AvaTrade copy trading
Pros
- Fixed spreads from 0.9 pips
- Good selection of copy-trading platforms
- Strong education through AvaAcademy
- Free deposits and withdrawals
- Beginner-friendly setup
Cons
- Not FCA regulated for UK users
- No FSCS protection
- Inactivity fees apply
- Native copy tools are limited
- Crypto CFD copying unavailable for UK retail clients
What is copy trading and how does it work for beginners in the UK?
Copy trading lets beginners automatically replicate the trades of experienced investors, making it easier to access the financial markets without advanced knowledge or constant screen time.
You choose a trader, allocate funds, and the platform mirrors their trades proportionally in your account. It is simple to set up, but beginners must understand the risks and select traders carefully.
How does copy trading replicate another trader’s strategy?
Copy trading uses automated technology to mirror a trader’s positions in real time.
When the trader opens, adjusts or closes a trade, the same action is executed proportionally in your account based on the funds you allocated.
This means your results follow the trader’s strategy and risk profile, but you can pause, stop or change traders at any time.
What platforms and account types support copy trading?
Copy trading is supported by platforms that integrate automated replication systems such as MetaTrader Signals, ZuluTrade, DupliTrade, Myfxbook AutoTrade, and broker-run social apps.
Most brokers offer it through standard CFD trading accounts, with some providing dedicated copy-trading or social-trading accounts.
UK beginners should use FCA-regulated trading platforms for maximum protection.
What types of assets can you copy trade?
- Forex (FX) – Major, minor, and sometimes exotic currency pairs
- Indices – Global stock indices such as the FTSE 100, S&P 500, and DAX
- Commodities – Gold, oil, silver, and other traded commodities
- Equities (Stocks) – Shares of individual companies traded as CFDs
- ETFs – Exchange-traded funds available via CFD markets
- Cryptocurrencies – Available on some platforms; however, UK retail clients cannot copy trade crypto CFDs due to FCA regulations
What are the key risks beginners should understand?
Beginners must understand that copy trading involves real market risk, and losses occur as easily as gains. You inherit the trader’s strategy, risk style and drawdowns, so past performance does not guarantee future results.
Using leverage increases losses, and CFD trading is not FSCS-protected. Beginners should review risk scores, diversify across multiple traders and avoid over-allocating funds.
How do you choose the best copy trading platform in the UK?
Which safety and FCA regulation checks matter most?
For UK users, the most important step is confirming the platform is FCA-regulated, offers segregated client funds, and provides negative balance protection.
FCA oversight ensures fair-trading rules, transparent disclosures, and clear complaint pathways, while segregated accounts protect your capital if the broker fails.
Beginners should avoid unregulated offshore platforms, especially for CFD-based copy trading where leverage magnifies losses and regulatory protection is crucial.
What fees and spreads should you compare between platforms?
Compare each platform’s spreads, commissions, overnight financing, currency conversion costs, and any withdrawal or inactivity fees.
Some platforms charge no copy-trading fee but widen spreads, while others add performance-based charges.
Because all UK copy trading uses CFDs, costs can vary widely depending on instrument type and market volatility, so focusing on total “all-in” cost per trade is more accurate than headline spreads alone.
What performance metrics help identify reliable traders?
Useful metrics include multi-year returns, monthly consistency, maximum drawdown, risk score, number of copiers, portfolio composition, and trade frequency.
Beginners should prioritise traders with stable, medium-risk profiles over those showing sharp, short-term gains, as high returns often correlate with aggressive leverage.
Risk ratings, diversification, and transparent trading history are typically far more reliable indicators than past performance percentages alone.
Which tools and features benefit beginners and advanced users?
| User type | Tools & features | Benefits |
|---|---|---|
| Beginners | Simple dashboards | Easy navigation and reduced learning curve |
| Transparent trader profiles | Clear visibility of trader performance and risk | |
| Risk scores | Helps assess potential drawdowns and volatility | |
| Stop-loss settings | Limits losses automatically | |
| Auto-allocation tools | Trades are copied proportionally without manual input | |
| Educational content | Builds foundational knowledge | |
| Demo accounts | Allows practice without risking real money | |
| Advanced users | Detailed analytics | In-depth performance and risk analysis |
| Performance filtering | Ability to select traders based on custom criteria | |
| Copy-portfolios | Diversified exposure across multiple traders or strategies | |
| API support | Enables automation and custom integrations | |
| Third-party integrations | Compatibility with MetaTrader Signals, ZuluTrade, DupliTrade, or Myfxbook AutoTrade | |
| Advanced risk controls | Greater flexibility in managing exposure |
How do minimum deposits and payment methods differ?
Minimum deposits vary widely: some platforms start from £50–£200, while others require larger balances for advanced features or access to multiple traders. Payment methods typically include debit cards, bank transfers, PayPal or e-wallets, though processing times and FX conversion costs differ.
Is copy trading legal in the UK and what regulations apply?
Copy trading is legal in the UK when offered by an FCA-regulated platform. CFD and forex copy trading must follow FCA leverage and risk-warning rules, while crypto copy trading is only allowed via AML-registered firms without investment protections. FSCS cover applies only if a regulated firm fails, not for trading losses.
How does the FCA regulate copy trading platforms and services?
The FCA requires platforms to hold the correct permissions, segregate client funds, provide accurate performance data, apply risk warnings, and comply with negative balance protection and appropriateness tests for CFDs.
What rules apply to CFDs, forex, crypto, and social trading?
CFD and forex copy trading must meet FCA leverage caps and margin rules. Crypto copy trading is permitted only under AML registration and carries no investment protections. Social trading features must not imply risk-free returns.
Is copy trading considered financial advice in the UK?
Copy trading is not classed as personalised financial advice as long as platforms do not recommend specific traders. Users must choose who to copy themselves.
Does FSCS protection apply to copy trading accounts?
FSCS does not cover trading losses. It only applies if an FCA-regulated firm fails to return client funds. Crypto copy trading has no FSCS protection at all.
What are the main pros and cons of copy trading for UK investors?
Benefits of copy trading for beginners
- Reduces complexity by automatically replicating trades from experienced traders
- Removes the need for advanced chart analysis or technical knowledge
- Saves time through automated trade execution
- Provides transparent performance statistics to support informed decisions
- Helps beginners learn by observing real trading strategies in action
- FCA-regulated platforms offer consumer protections and built-in risk controls for UK users
Risks and limitations of copy trading
- Losses can be significant, especially when copying leveraged CFD strategies
- Beginners inherit the trader’s full risk profile, including drawdowns
- Past performance does not guarantee future results
- Traders may change strategy or risk behaviour without notice
- Copy trading accounts are not protected by the FSCS
- Over-reliance on a single trader increases risk; diversification is essential
What are the most common risks and limitations?
The main risks stem from inheriting another trader’s strategy, risk profile and drawdowns, which means losses can be significant, especially when CFDs and leverage are involved.
How does copy trading compare with managed portfolios?
| Feature | Copy trading | Managed portfolios |
|---|---|---|
| Control | Full control over which traders you follow | No direct control; managed by professionals |
| Decision Making | Based on individual trader decisions | Follows a fixed, rules-based strategy |
| Flexibility | Highly flexible and customisable | Less flexible, structured approach |
| Risk Profile | Can be higher and more volatile | Typically lower risk due to diversification |
| Strategy Style | Varies by trader and market conditions | Long-term, diversified investment focus |
| Allocation | You choose how much to allocate to each trader | Allocations are set by the portfolio manager |
| Time Involvement | Low day-to-day effort, but monitoring is recommended | Minimal involvement once invested |
| Suitability | Best for users wanting personal control and adaptability | Best for users preferring professional, hands-off management |
Who is copy trading suitable for based on risk level?
Copy trading is best suited to beginners and intermediate traders who understand the risks of CFD trading and want a hands-off way to learn from more experienced investors.
Low-risk settings work well for cautious users, while higher-risk traders will appeal to users willing to accept deeper drawdowns.
UK investors should always assess a trader’s risk score, consistency and maximum drawdown before committing funds.
Conclusion
Copy trading can be a useful way for UK beginners to enter the markets with guidance, provided they understand the risks and choose a safe, FCA-regulated platform.
For most new investors, eToro stands out thanks to its easy-to-use interface, transparent performance metrics, and large community of traders to learn from.
More advanced users may prefer Pepperstone for its fast execution and high-quality integrations with Myfxbook and DupliTrade, while AvaTrade offers a strong education suite for learners who want structured support.
Ultimately, the best platform is the one that balances safety, usability, costs and long-term fit with your risk tolerance and goals.
FAQs
What is the most successful copy trading platform?
eToro is widely considered the most successful copy trading platform globally thanks to its large social community, transparent trader metrics, and strong FCA regulation.
What is the best trade copier website?
For pure trade-copying, ZuluTrade and DupliTrade are the most established third-party trade copier platforms, offering verified traders, risk tools, and multi-broker support.
Is copy trading allowed in the UK?
Yes. Copy trading is fully legal and FCA-regulated in the UK when offered by authorised providers like eToro, Pepperstone, and IG.
Best copy trading platform UK (Reddit consensus)
Across Reddit investing and trading communities, eToro is the most frequently recommended platform for beginners due to its simplicity, strong regulation, and large pool of traders to copy.
