The Top 10 Copy Trading Platforms for Cryptocurrencies: A Comprehensive Comparison

Some of the best companies in the automation industry are those that offer flexible toolkits and feature a good social trading product. If you are interested in Binance copy trading systems or working with traders from other CEX platforms, it is a good idea to look into ways to discern the best copy trading platforms within the industry.

We decided to put together a list of copy trading platforms that deserve your attention and can provide an excellent service to contemporary retail traders seeking good investment opportunities.

#10. eToro

The famous centralized exchange and a successful broker, eToro also offers a good copy trading platform that has dozens of great managers to choose from. You will be limited to the eToro exchange, but it is a good trade-off since the platform is free to use for clients of the exchange and many retail traders offer their services free of charge.

eToro offers a rich catalog of financial instruments including over 200 different coins and a large number of other assets to trade. You can choose a trader working with cryptocurrencies, fiat currencies, and futures.

#9. ByBit

Another great exchange that has copy trading functionality allowing clients to trade over 220 coins featured on the CEX platform. One of the limiting factors is, yet again, that you have to work only with ByBit which can be inconvenient for people who already have chosen another exchange.

ByBit also offers advanced tools for portfolio management and risk assessment on top of other benefits for clients. You will need to top up your balance to start trading. The minimum deposit size is $100, but you will need a lot more to create a portfolio.

#8. Shrimpy

This platform is often used by newcomers since it offers a nice selection of social trading tools while not overwhelming users with features and unnecessary complexity. On the other hand, you will struggle to build other automated solutions which is something that many retail traders are looking for when selecting a copy trading platform.

Shrimpy is integrated with over 30 centralized cryptocurrency exchanges. It is considered one of many highly specialized mirror trading platforms that do not offer anything else on top of the social trading package.

#7. Zignaly

As one of the most popular signal providers and automation vendors, this platform is quite good at delivering a satisfying user experience to its clients. You can choose from a wide range of different financial products including social trading, bot building, free trading signals, and more.

Since its launch in 2017, the platform has become a great place for both new entrants to the field and those with extensive experience in cryptocurrency trading. Zignaly is acknowledged as one of the top firms in the industry.

#6. Gate.io

This exchange has a good copy trading system in place which is a good thing since it also has a big catalog of financial instruments to work with. You can start investing with 0.0001 BTC and focus on trading cheaper coins to achieve profitability.

Many experts say that Gate.io has some of the most favorable trading conditions and low fees. These things help when you operate with a limited budget and want to get started with trading cryptocurrencies.

#5. CryptoHopper

It is one of the oldest automation vendors out there with rich experience in offering a wide range of solutions to people interested in using bots and automated trading systems. CryptoHopper has a flexible pricing system that allows small-time traders to get started without tearing a hole in their pockets.

The copy trading functionality is not the star of the show on this platform. You can find better social trading features in catalogs of other companies, but the overall experience of using the service is pleasant enough to overlook some very minor shortcomings.

#4. 3Commas

This provider aims to give everyone a great social trading experience. You can use various tools to create your own automated trading systems, but having the copy trading feature is a great bonus from this provider that uses advanced technology for trading bots. 3Commas has a flexible payment system with different levels. You can even start for free or cancel your subscription within 14 days, which is great for those who want to try out how automated trading systems function in the cryptocurrency world.

#3. NAGA

Some people believe that using web 2.0 methodology of leveraging the user-generated content is the way to build the best social trading platforms. NAGA certainly believes in this notion and has everything an extroverted retail trader might need when investing in the crypto market. Users of the platform can copy actions of other users while discussing performances of top managers on a special forum.

NAGA is an inexpensive copy trading platform that does not feature anything else and focuses strictly on perfecting the art of mirroring trades of other people.

#2. Kryll

One of affordable crypto copy trading platforms that should be on your list of vendors-to-check-out. Kryll offers more than just social trading features and has a wide range of interesting products related to automation including back-testing, AI counseling, and more.

If you are looking for a relatively cheap platform to start your copy trading journey, you should take a closer look at Kryll. It is an innovative provider that won’t leave without a penny to work with.

#1. WunderTrading

Many retail traders are looking for a jack of all trades in the automation industry. WunderTrading is just that. You can find a plethora of interesting products in the catalog of this vendor. Preset solutions like DCA and GRID bots, arbitrage bots, custom scripts, and, of course, copy trading.

Go to the marketplace and choose from hundreds of retail traders (many of them offer their insights for free) and filter them by exchange and performance. Regardless of where you conduct your business, you will find a manager who works on the same exchange.