Copy trading is extremely popular right now, and many traders from all over the world register on copy trading platforms in hopes of creating a stable source of passive income. This trading method is rather well-known in India as well, and many major brokers offer such services in the country. However, each of them has its own pros and cons, and you definitely want to choose only the best option. That’s why we’ve analyzed the market and found the most reliable copy trading services available in India.
About copy trading
Copy trading platforms allow beginners to repeat what more experienced traders do on the market, so it’s a great way to reap considerable profits without any prior trading experience. You don’t even have to know which traders to trust: most copy trading services give you a variety of filters to find the most successful and stable signal providers. But you still have to choose a platform wisely: it has to be very reputable, quick, and secure. Luckily, there are several convenient and well-known brokers with copy trading features in Asia. Let’s take a look at our list of the top 4 best copy trading platforms in India.
eToro
This broker’s copy trading platform is arguably the most well-known and heavily regulated. It provides a great opportunity to earn for both novice traders and professionals. The latter can benefit by signing up and selling signals for trades, and the former can make significant profits. The platform is versatile, flexible, and there are many successful traders you can choose from.
RoboForex
RoboForex is a reliable and well-regulated broker that allows you to invest in a wide variety of assets, including Forex pairs, ETFs, and all kinds of CFDs. The minimum deposit is just $10, so you can start small, and the broker may grant you up to 120% of your deposit as a bonus. There are various search options and filters that you can use to find a trader you like.
AvaTrade
AvaTrade is another reputable broker that has its own copy trading platform, Ava Social. It’s regulated by several major financial institutions and features all kinds of trading instruments, including currency pairs, indices, stocks, and so on.
IC Markets
IC Markets also has extensive copy trading features provided in partnership with several copy trading platforms. They are known to be cheap and versatile, and the minimum deposit is $200 - source link.
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