Best Copy Trading Platform For South Africa

These are the best copy trading platforms in South Africa

  • Pepperstone Pepperstone - Best Copy Trading Options Overall
  • eToro eToro - Top Copy Trading Broker
  • fxtm logo FXTM - Good Copy Trading With FXTM Invest
  • IC Markets IC Markets - MT4 Copy Trade Software With Free Download
  • AvaTrade Avatrade - Top Broker With Duplitrade
  • zulu trade logo ZuluTrade - Best CFD Copy Trading Platform
  • darwinex logo Darwinex - Good Copy Trading Specialist

Pepperstone
eToro
FXTM
IC Markets
AvaTrade
Our Rating
9.33
7.17
6
8.50
8.33
Smart Trader Tools
CopyTrader functionality
for automated trading
Floating leverage
No Dealing Desk
Choice of social trading tools

Regulations and Licenses

Feature
Pepperstone
eToro
FXTM
IC Markets
AvaTrade
ASIC (Australia)
FSCA (South Africa)
CBI (Ireland)
FSA (Seychelles)
FSC (Mauritius)

Brokerage

Feature
Pepperstone
eToro
FXTM
IC Markets
AvaTrade
EUR/USD Avg. Raw Spread
0.17
-
0.3
0.02
0.3
GBP/USD Avg. Raw Spread
0.59
-
0.5
0.23
0.4
AUD/USD Avg. Raw Spread
0.24
-
0.5
0.17
0.5
EUR/USD Standard Spread
0.77
3.00
1.9
0.62
0.90
EUR/USD Fixed Spreads
-
-
-
0.90
Commissions (USD Base)
$3.50
-
$2.00
$3.50
-
Minimum Deposit
$0
$200
$500
$0
$100
Swap Free Account
No Inactivity Fees
Funding Methods
16+
11+
13+
15+
7+
No Funding Fees

Markets and Instruments

Feature
Pepperstone
eToro
FXTM
IC Markets
AvaTrade
Currency Pairs
62+
49+
63+
61+
55+
Cryptocurrency CFDs*
12+
46+
-
18+
15+
Index CFDs
14+
13+
11+
16+
33+
Share CFDs
300+
2000+
180+
100+
625+
Commodities CFD
9+
33+
7+
26+
30+
Stockbroking
2000+
10+
-
-
Retail Max Leverage (Australia)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
30:1
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max Leverage (Australia)
500:1
400:1
300:1
500:1
400:1
Retail Max. Leverage (South Africa)
-
-
-
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (South Africa)
-
-
-
400:1
Retail Max. Leverage (With offshore regulators)
200:1
400:1
Accounts:
Advantage & Advantage+ 2000:1
Micro Account 1000:1
500:1
400:1

*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations
*CFD trading is not available in the USA due to NFA and CFTC regulations, American traders spot trade in place of CFDs.

Trading Platforms + Tools

Feature
Pepperstone
eToro
FXTM
IC Markets
AvaTrade
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Demo Account

Overall

Broker Official Site Our Rating Regulation EUR/USD Spread GBP/USD Spread AUD/USD Spread MetaTrader 4 MetaTrader 5 cTrader Execution Speed Minimum Deposit Currency Pairs Crypto CFDs Retail Leverage Prof. Leverage
Visit Broker > 9.33 SCG, ASIC
FCA, CySEC
0.17 0.59 0.24 85ms $0 62+ 12+ 30:1 500:1
Visit Broker > 7.17 ASIC, CySEC
FCA, FSA
- - - 130ms $200 49+ 46+ 30:1 400:1
Visit Broker > 6 FCA, FSCA
FSC
0.3 0.5 0.5 160ms $500 63+ - 30:1 300:1
Visit Broker > 8.50 ASIC, FSA
CySEC
0.02 0.23 0.17 130ms $0 61+ 18+ 30:1 500:1
Visit Broker > 8.33 AISC, FSCA
IIROC, ADGM
0.3 0.4 0.5 160ms $100 55+ 15+ 30:1 400:1