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
74.7% of retail investor accounts lose money when trading spread bets and CFDs with this provider
68% of retail investor accounts lose money when trading CFDs with this provider.
77% of retail investor accounts lose money when trading CFDs with this provider
77% of retail investor accounts lose money when trading CFDs with IC Markets (EU) Ltd
71% of retail investor accounts lose money when trading CFDs with this provider

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
0.75
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

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
Unique Feature
Smart Trader Tools
CopyTrader functionality
for automated trading
Floating leverage
ECN pricing
Choice of social trading tools

Overall