Best Binary Options Copy Trading Brokers for 2026
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If you're too busy to read the entire article and want a quick answer, the binary copy trading broker for 2026 is CloseOption. Why? Here are its key advantages:
- Is legit in your country (Identified as United States
)
- Has a good user satisfaction score
- Diversification of strategies
- Transparency and performance tracking
TOP binary copy trading brokers:
- Pocket Option - Best for beginners ($5 min deposit, copy trading, many bonus offerings)
- Deriv - Best for advanced trading strategies (multipliers combine leverage trading with the limited risk of options)
- Binarium - Best for testing new trading approaches (cashback on loosing trades up to 15%)
- IQcent - Best platform for market analysis (real-time technical analysis, news, and trading calendar)
- VideForex - Best starting conditions (first 3 trades are risk-free, option of experienced trader guidance)
- ExpertOption - Best variety of account types (from micro to exclusive invitation only)
Binary options copy trading has emerged as a popular way for investors of all experience levels to potentially profit from the financial markets. By automatically copying the trades of skilled traders, it allows novice traders to gain exposure without extensive research or market knowledge. At the same time, successful traders can monetize their strategies and benefit from others following their ideas.
This guide explores the ins and outs of this copying approach within the binary options space. It examines some of the top platforms available and how their copy trading systems work. It also offers pointers on finding reputable traders to follow and strategies for managing risk. Ultimately, the article provides the necessary background for investors to assess whether copy trading could fit well within their overall portfolio approach.
Best Binary Options Copy Trading Platforms
Finding the best binary options copy trading platform is an important step in starting binary options copy trading. For this article, we have researched the market and selected four of the best binary options copy trading platforms that will offer you lots of benefits and make your job easier while trading binary options. Here they are:
| Pocket Option | Deriv | Binarium | IQcent | VideForex | ExpertOption | |
|---|---|---|---|---|---|---|
|
Foundation year |
2017 | 1999 | 2012 | 2017 | 2016 | 2014 |
|
Min. deposit |
5 | 5 | 5 | 100 | 250 | 10 |
|
Min. trade size |
1 | 0.01 lots | 1 | 0.01 | 1 | 1 |
|
Min. Payout (%) |
50 | 70 | 80 | 70 | 70 | 70 |
|
Max. Payout (%) |
128 | 92 | 95 | 95 | 90 | 95 |
|
Bots or copy trading |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Open an account |
Go to broker Your capital is at risk. |
Go to broker Your capital is at risk. |
Go to broker Your capital is at risk. |
Go to broker Your capital is at risk. |
Go to broker Your capital is at risk. |
Go to broker Your capital is at risk. |
Pros and Cons of Binary Options Copy Trading
Binary options copy trading is the act of automatically copying the binary options trades another trader makes in real-time. It sounds simple in theory, but it’s still complicated. That’s because in copy trading (or social trading), it’s not enough to just blindly copy trades. To be successful at it, you need to keep a few strategies in mind that we’ll be covering later on in the article.
Binary options auto trading is a great possibility for beginner binary options traders to make more successful trades.
- Pros
- Cons
- Beginner traders can follow the trades of professional traders and make profits
- You do not have to spend a lot of time researching the market yourself
- You can make nice profits if the trades you copy are successful
- It limits potential losses, and you have a lower risk of losing lots of money
- It allows you to trade at all times without physically staying in front of the screen
- There are plenty of scams where so-called ’experts’ promise high returns even though they don’t know what they’re doing
- Professional traders are prone to losses too, so you will also lose money when they do
- Some skilled traders charge a certain amount of money to let you copy their trades
Although binary options copy trading has very attractive pros, it also has some cons you have to be aware of before trying it.
How Does Binary Options Copy Trading Work?
If you were wondering how binary options copy trading works, the Traders Union experts have created a short, step-by-step strategy to show you how binary options copy trading works in Pocket Options. Here it is:
1. Go to the Pocket Option website
For this step, all you have to do is to visit the Pocket Option website and click on the “Start in one click” or on the “Free demo” button if you want to try its demo version
Sign Up or Log In at the website2. Try the demo version
After you click on one of those two options, you go to the Pocket Option demo version, and you see a welcome message. On that page, there are three buttons. If you click on the “Continue Demo Trading” button, the welcome message banner disappears, and you will continue using the demo version. The second button, which is “How To Make Real Money With Us?”, makes a short presentation that consists of a few slides with short tips on how to use Pocket Option to appear. On those slides, you have buttons that take you to a registration form for creating a Pocket Option live account. You can either create a live account, or you can continue using the demo version. The “Video Tutorial” button should take you to a video tutorial on how to use this platform, but you first have to be registered to watch it.
If you choose to try the demo version, you have 10 000 virtual dollars to use for acquiring more experience with this platform, and see if you like it.
Get to know the platform through demo account or tutorials3. Create a live account
If you want to use the social trading feature, you must have a live account. To create one, simply go back to the Pocket Option homepage, and register with your email address on the registration form from the right side of the page.
After you do that, you have to verify your account by answering a few questions and providing some information that is required. After your account is verified, you can choose one of the many options to make a deposit on your account balance. The minimum deposit you have to make to start trading is just $5.
Registering a live account4. Try the social trading feature
To try social trading, click on the “Social Trading” on the menu from the right side of the page, as you can see in the image below.
Copy trading section5. Choose a trader whose trades you want to copy
After you click on the “Social Trading” option, you can see a list of traders who have great trading results whose trades you can copy.
If you use a live trading account, you can select the top traders who had the best results in the last 24 hours.
Traders in 24-hour ratingOr you can view a list of the traders that placed the most profitable binary options trades on the platform at that moment.
Rank of traders with most profitable open positionsYou also have the option to search for certain traders by their nickname or user ID in the full rating of traders.
6. Copy a trader
If you find a trader whose trades you want to copy, you click on their profile, and you can see more trading statistics about that trader, such as their level, profile level, how many deals they have made during that day, the previous day, or all time, and other useful statistics for those time frames for that trader. If you like that trader’s results, you click on the “Copy trades” button. However, there are some cases when traders have turned off the option for other traders to copy their trades.
Selecting a trader to copyAfter selecting the “Copy trades” option, you have to select the copy trading settings for copying the trades.
The settings you can select for Pocket Option copy trading are:
Copy in proportion: What proportion of the original trade you are copying. If you set it at 10%, and the trader opens a position of $100, you will make a trade of $10
Min copy trade amount: What is the smallest amount of money that will be spent for copying a trade. However, you have to know that the minimum trade amount on this platform is $1
Stop balance: What is the minimum amount of money you must have in your balance to copy the trades
Max copy trade amount: What is the maximum amount of money that will be spent on a copied trade
After you select all the settings you want, click on the “Confirm” button. Now, all the trades placed by that trader will be automatically copied on your account based on the settings you selected. Also, if you decide you want to stop copying his trades, you can always stop copying them by opening the “List of copied traders'' menu, choosing that trader, and clicking on the “Stop copying” button.
Choosing copy trading settingsBest Binary Options Copy Trading Strategies
Before you start copying other traders’ binary options trades, you should have a strategy that will ensure that you’re actually copying the best. Here are three actions you need to take:
1. Find the best traders
This is the most important thing you have to do to ensure that you will have success at copy trading. While choosing the traders whose trades you want to copy, you should carefully study their trading statistics to check if it is worth copying their trades. If you see they have lost large amounts of money while trading, it is not a good idea to copy their trades.
2. Select the right settings
After you decide to copy another trader’s trades, you should select the copy trading settings. One thing you have to pay attention to is choosing a “Max copy trade amount” that does not exceed 1-2% of your account balance. Also, if that trader usually trades with a big amount of money per trade, you should choose a “Copy in proportion” setting that is convenient for you. To save your account balance from large losses, you should set a “Stop balance” setting that is convenient for you.
3. Pay attention to the success rate of the trades you copy
Although those trades are copied automatically without your involvement, you should still keep an eye on your trading account. That is just in case you see a low performance of the trades that are copied or you lose significant amounts of money while copying them. If that is the case, you should stop copying that trader’s trades.
Can I Make Money in Binary Copy Trading?
If you’re wondering if you can make money in binary trading, the answer is yes. There is a vast potential to earn money. However, traders should be aware that the risks are high due to the nature of binary options. Moreover, copying successful traders may slightly increase the chances of success, but the significant risk remains. Therefore, those who use copy trading should always be careful not to invest more than they are willing to lose.
Binary Copy Trading Risks
Trading binary options is similar to gambling at a casino. You either lose everything or win something. The biggest binary options trading risk is losing your whole initial investment, as opposed to stocks trading or Forex trading, where you could lose a part of your investment, but rarely all of it.
No matter if you place the binary options trades yourself or you copy the trades of another, the risk of losing your money remains.
To avoid the unpleasant situations of losing much money while trading binary options, you should never risk more than you could afford to lose. Experienced traders usually do not risk more than 1% of their capital on a single trade, and rarely more than 2%.
Expert Opinion
Binary options copy trading can be a great way for novice traders to learn from experienced traders and potentially generate profits. However, it remains an inherently risky endeavor that requires careful strategy and risk management. The key is to do thorough research on potential traders to copy, understand their strategies, and diligently monitor their performance over time. It's also important to diversify your portfolio by copying multiple traders, and never risk more than you can afford to lose on any single trade.
Overall, binary copy trading holds promise but comes with caveats. For those willing to put in the effort, it can augment one's trading skills and revenues. But one must accept the real possibility of losses as well as gains. Prospective copy traders would do well to try demo accounts first, set prudent risk limits, and approach this technique as a learning opportunity rather than a get-rich-quick scheme. With prudence and patience, binary options social trading can become a valuable tool. But as with all trading, only serious investors with risk capital should consider this approach.
Conclusion
In summary, choosing the right binary options copy trading platform is crucial for both beginners and seasoned traders seeking to maximize their returns. Platforms like Pocket Option and Quotex stand out for their user-friendly interfaces and robust social trading features, making it easier than ever for newcomers to mirror successful strategies. Emphasizing education alongside careful broker selection empowers traders to leverage copy trading effectively. Ultimately, the power of copy trading lies in learning from the best—by following proven experts, investors can accelerate their trading journey and build confidence in an often volatile market.
FAQs
How does diversification improve results on binary options copy trading platforms?
What performance metrics should you evaluate before copying a trader on a binary options platform?
Can you customize how trades are copied on binary options platforms?
What are some common warning signs of scams in binary options copy trading?
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Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income.
Dan Blystone began his trading career in 1998 as an arbitrage clerk on the floor of the Chicago Mercantile Exchange (CME). He later traded bond and Eurex futures at proprietary firms such as Altea Trading, gaining valuable experience in high-frequency trading and risk management.
Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data.
Copy trading is an investing tactic where traders replicate the trading strategies of more experienced traders, automatically mirroring their trades in their own accounts to potentially achieve similar results.
Binary options trading is a financial trading method where traders speculate on the price movement of various assets, such as stocks, currencies, or commodities, by predicting whether the price will rise or fall within a specified time frame, often as short as a few minutes. Unlike traditional trading, binary options have only two possible outcomes: a fixed payout if the trader's prediction is correct or a loss of the invested amount if the prediction is wrong.
Bitcoin is a decentralized digital cryptocurrency that was created in 2009 by an anonymous individual or group using the pseudonym Satoshi Nakamoto. It operates on a technology called blockchain, which is a distributed ledger that records all transactions across a network of computers.
Options trading is a financial derivative strategy that involves the buying and selling of options contracts, which give traders the right (but not the obligation) to buy or sell an underlying asset at a specified price, known as the strike price, before or on a predetermined expiration date. There are two main types of options: call options, which allow the holder to buy the underlying asset, and put options, which allow the holder to sell the underlying asset.
An investor is an individual, who invests money in an asset with the expectation that its value would appreciate in the future. The asset can be anything, including a bond, debenture, mutual fund, equity, gold, silver, exchange-traded funds (ETFs), and real-estate property.