Top 3 Trading Apps That Trade For You

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It’s no news that trading isn’t easy. If it were, wouldn’t everyone be making money? Well, there is a solution for those that don’t have the time to learn or do – trading apps that trade for you. These apps take the hard work out of trading and make decisions on your behalf. It should be noted, however, that this can be risky since you aren’t making the decisions about what happens with your funds. Anyway, in this guide, we’ll be looking at some of the trading apps that trade for you (also referred to as copy trading apps).
Rank
Trading App
Bonus
Rating
Visit
1
$500 (US Only)
2
ZuluTrade

See below for more information about the trading apps listed above.

1. eToro

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.

2. ZuluTrade

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.

3. XM

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.

Pros

  • Easy
  • Saves time/effort
  • Follow profitable traders

Cons

  • 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.