Best DupliTrade Brokers

In recent years, the online trading industry has undergone a dramatic transformation. This transformation is driven by the increasing adoption of automation and copy trading systems. DupliTrade is one of the most popular automation and copy trading systems today. It empowers traders of all levels to leverage the expertise of seasoned professionals by allowing them to copy the trades of successful investors in real time. 

This creates an opportunity for new traders to enter the markets without requiring extensive prior experience. Additionally, traders who lack the time to conduct their own market analysis can still participate by replicating the strategies of other traders. As such, it is no surprise that brokers that offer DupliTrade are in such high demand among traders. In this comprehensive review, we are going to take a look at DupliTrade brokers and see some of the best picks that support it.

What is DupliTrade?

DupliTrade is a social trading platform that enables users to automatically replicate the trading actions of experienced traders. By linking their trading account to DupliTrade, users gain access to a selection of successful strategies managed by expert traders. When these traders place trades, they are duplicated onto the user’s account in real time. Below are some of the key features of DupliTrade:

• Access to Expert Traders - DupliTrade offers access to a variety of well-vetted seasoned traders. As such, users gain insights from professionals who have a proven track record of success.
• Automation and Efficiency - With DupliTrade, trades are automatically duplicated onto the user's account, saving time and effort. Users simply link their accounts, select strategies, and DupliTrade takes care of the rest.
• Risk Management Tools - DupliTrade includes risk management settings which allow users to control their risk exposure by setting limits on trade volume and other parameters.
• Transparency - DupliTrade’s platform provides transparent performance metrics and trade histories of each trader.

Now that we have more understanding of what DupliTrade is, let’s shift our focus to our main topic. Here are picks of some of the top DupliTrade brokers available to traders. We considered their regulatory standing, fees involved, and market products available to make our selections.

Best Picks of DupliTrade Brokers

Pepperstone

Pepperstone is one of the popular choices of brokers that offer DupliTrade. The seamless integration of Pepperstone with DupliTrade allows investors to leverage copy trading strategies without compromising on execution speed or costs. To gain access to DupliTrade, investors need to open a live trading MT4 account, create a DupliTrade account, and then request Pepperstone to link their account to DupliTrade. Notably, traders need to make a minimum deposit of at least AUD $5,000 (or equivalent in USD, EUR, or GBP) to gain access to this service.

Positively, Pepperstone provides its clients with a deep collection of market products to trade. With Pepperstone, investors have access to over 1,200 different CFDs on forex, indices, commodities, cryptocurrencies, currency indices, ETFs, and share markets. As such, traders can diversify their portfolios as they see fit. They can also diversify the strategies that they follow with DupliTrade.

In terms of the spreads, Pepperstone provides two main accounts to trade on. The standard account comes with spreads that are as low as 1.0 pips for major currency pairs with no commission charged. On the other hand, the razor account features raw spreads from as low as 0.0 pips but charges a commission depending on the trading platform a trader uses. MetaTrader 4 and 5 charge a commission of $3.5 or €2.6 per side per lot, depending on the account currency. TradingView also charges $3.5 per side per lot. cTrader offers a slightly lower fee of $3 per side per lot. For non-USD accounts on TradingView and cTrader, the commission will be converted at the spot rate in their account currency. 

Finally, Pepperstone is a globally regulated broker, licensed by a variety of authorities. These include the FCA in the UK, the CySEC in Cyprus, the ASIC in Australia, and the BaFin in Germany, among others. 

75.9% of retail CFD accounts lose money

AvaTrade

AvaTrade is another excellent broker that supports DupliTrade, providing traders with a seamless copy trading experience. To use DupliTrade with AvaTrade, users need to open a live MT4 or MT5 account and meet the minimum deposit requirement of $2,000. AvaTrade provides a user-friendly interface for managing DupliTrade accounts. This makes it easy for traders to select and monitor their preferred strategies.

AvaTrade stands out for its comprehensive range of tradable assets totalling over 1,000 instruments. These include CFDs on forex, stocks, commodities, indices, cryptocurrencies, ETFs, and bonds. This broad market offering ensures that traders can diversify their portfolios while taking advantage of the automation capabilities of DupliTrade. Spreads for trading on the AvaTrade trading site are competitive, starting from as low as 0.9 pips on major currency pairs with no commission charged.

Finally, AvaTrade has regulations from a variety of authorities. These include the Central Bank of Ireland, ASIC in Australia, the FSCA in South Africa, the FSA in Japan, and the ADGM in the UAE, among others.

Fusion Markets

Fusion Markets is another top broker offering seamless integration with DupliTrade. It provides a user-friendly platform that makes it easy for traders to connect their accounts and start copying successful strategies. To access DupliTrade, traders must open a live MT4 account with Fusion Markets. Interestingly, Fusion Markets does not have a minimum deposit requirement to access DupliTrade.

One of Fusion Markets' key strengths is its commitment to keeping trading costs low. The broker offers some of the lowest spreads in the industry. The Zero Account offers ultra-low spreads starting at 0.0 pips, accompanied by a minimal commission of $4.50 per round turn. In contrast, the Classic Account provides spreads starting from 0.9 pips on major currency pairs without any commission.

Fusion Markets provides access to over 250 tradable instruments. These include CFDs on forex, precious metals, energies, indices, stocks, and commodities. This selection allows traders to diversify their portfolios as they see fit. Aside from MT4, traders can also use MT5 to place orders.

In terms of regulation, Fusion Markets is licensed by the ASIC, the VFSC in Vanuatu, and the FSA in Seychelles.

Vantage Markets

Vantage Markets is a notable broker that supports DupliTrade, providing a seamless and efficient copy trading experience. To access DupliTrade, traders need to open a live MT4 or MT5 account with Vantage Markets and meet the minimum deposit requirement of $2,000. When you connect your Vantage account to DupliTrade, you gain access to a plethora of hand-picked prop traders. Then, you simply choose the traders you want to copy based on their performance, strategy and trading style.

Vantage Markets offers a diverse range of trading instruments, with over 1,000 CFDs available. These include CFDs on forex, indices, precious metals, commodities, energy, ETFs, shares, and bonds. One of the key advantages of Vantage Markets is its competitive pricing. The Standard STP account features spreads starting at 1.0 pip on major currency pairs without any additional commission. Additionally, Vantage Markets offers three alternative account types, all with spreads starting from 0.0 pips. These accounts come with varying commission fees, ranging from $0 to $3 per side per lot, based on the selected account type.

Further, Vantage Markets operates under the regulation of various authorities. These include the ASIC, the CySEC, and the FSCA in South Africa. 

FxPro

FxPro is another broker that partners with DupliTrade to deliver a streamlined copy trading experience to traders. By linking their FxPro account with DupliTrade, traders can effortlessly replicate the strategies of seasoned professionals in real time. FxPro's user-friendly platform makes it easy to connect your account to DupliTrade and select the strategies you want to follow.

FxPro is known for its vast selection of tradable instruments. The available trading instruments include CFDs on forex, indices, futures, shares, and cryptocurrencies. To cater to diverse trading preferences, the broker offers multiple trading platforms including cTrader, MetaTrader 4, MetaTrader 5, the FxPro Mobile App, and FxPro WebTrader. Further, FxPro's fees are competitive and within the industry. The Standard account offers spreads starting from 1.2 pips on major currency pairs. For traders seeking tighter spreads, the Raw and Elite accounts provide spreads from 0.2 pips, with a commission of $3.5 per side per lot.

On regulations, FxPro operates under the supervision of a variety of financial authorities. These include the FCA, CySEC, and the FSCA.

IC Markets

IC Markets is another popular forex broker that offers investors an efficient copy trading solution. Its integration with DupliTrade offers a seamless way to leverage the expertise of experienced traders. Once users connect their accounts with DupliTrade, they can follow a curated list of professional traders and replicate their strategies seamlessly.

In terms of regulation, IC Markets is regulated by various authorities, including the ASIC and the CySEC. Regulations are a major factor to consider when selecting a broker of any type. The regulations from the ASIC and the CySEC go a long way in helping IC Markets stand out as one of the best DupliTrade brokers.

Moreover, IC Markets stands out for its wide range of trading instruments. IC Market has over 2,200 instruments which include CFDs on forex, commodities, indices, futures, stocks and metal. These are tradeable on MT4, MT5 or cTrader. 

Further, IC Market offers spreads as low as 0.6 pips on the standard account with no commissions. Clients can also trade on 0.0 pip spreads on the raw accounts. The raw account requires a commission of $3.0 per 100k traded for cTrader clients and $3.5 for MetaTrader clients. These low spreads and general pricing are characteristic of some of the best ECN brokers in the world.

Axi

Axi partners with DupliTrade to deliver clients a straightforward and effective way to engage in copy trading. By integrating with DupliTrade, Axi enables its users to replicate the strategies of experienced traders seamlessly. 

Axi caters to both novice and experienced traders, offering a choice of trading platforms: the industry-standard MetaTrader 4 and the proprietary Axi Trading Platform. These platforms provide access to a diverse range of global markets, including forex, stocks, indices, commodities, and cryptocurrencies.

Axi offers three account types to suit various trading styles which include the Standard, Pro, and Elite accounts. The Standard account provides competitive spreads starting at 0.9 pips on major currency pairs, with no commission fees. Meanwhile, the Pro and Elite accounts provide spreads as low as 0.0 pips on major pairs, but both include commission charges. The Pro account has a $7 commission per round trip, while the Elite account charges $3.50 per round trip.

Closing Remarks

DupliTrade offers a powerful platform for both novice and experienced traders to leverage the expertise of seasoned professionals. DupliTrade’s integration with leading brokers delivers a seamless trading experience, competitive pricing, and a diverse range of tradable assets to users. 

When selecting a DupliTrade broker, it's essential to consider factors such as regulation, fees, platform compatibility, and customer support. Ultimately, the best broker for a trader will depend on their trading needs and preferences. Either way, DupliTrade brokers help investors harness the power of copy trading from some of the top-performing traders in the world.