See below for more information about the trading apps listed above.
eToro is the world’s leading trading app that trades for you. They were the first in the industry to release copy trading. All you have to do is register here, make a deposit and select a trader to follow. Then, your account will copy each trade the person you follow automatically and you’ll profit when they do. We recommend this app to those looking for a trusted app, with a good interface, wide range of deposit options, and credibility.
Coming in at second place is ZuluTrade. This broker is a popular eToro alternative for an app that trades for you. It’s well-designed, easy to use, and trusted by thousands of customers around the world.
Since 2012, XM has offered its own spin on copy trading – called ‘Mirror Trader‘. This feature allows you to follow popular strategies and signals of other investors with your account mirroring the trades made. Therefore, XM also deserves a spot on this list as it can trade for you. XM is well-trusted, simple to get started with, and professional.
Conclusion: Trading For You
We hope you found this guide helpful in your search of a trading app that can trade for you. The copy trading feature on the apps mentioned in this list is useful, and can be very profitable in the right market conditions. That being said, take care using it as your account is under the control of someone else, and thus you won’t be making the decisions.
Pros & Cons: Copy Trading Apps
Here is a list of some of the positives and negatives of trading with one of the trade-for-you apps.
- Saves time/effort
- Follow profitable traders
- Lack of control
- Trader you are copying might not be as good as they look
Ready to get started? Sign up to our favorite copy trading app eToro today with this link.