Best Copy Trading Platforms UK 2025

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Go to broker’s website Plus500 Overview

If you're too busy to read the entire article and want a quick answer, If you are too busy to read the entire article and want a quick answer, the best copy trading platform in the UK is Plus500. Why? Here are its key advantages:

Is legit in your country (Identified as United States )
Has a good user satisfaction score 6.83 out of 10
Support of modern and convenient trading platforms
Transparent deposit and withdrawal terms, no hidden fees and fast processing times

Go to broker’s website Plus500 Overview

Below, we'll explain in more detail why we believe this and how brokers were evaluated.

Best copy trading platforms in the UK are:

Eightcap - Best broker to trade directly from TradingView charts
XM Group - Best Order Execution (99.35% of orders are executed nearly instantly)
RoboForex - Best Forex broker for beginners ($10 min. deposit, copy trading)
TeleTrade - Best for learning trading basics (a lot of educational and analytical materials)
VT Markets - Attractive Forex bonuses (50% welcome bonus, 20% deposit bonus)

Copy trading is an innovative form of investing that allows traders to automatically copy trades of experienced investors. This makes the trading process accessible to beginners and those who do not have the time or knowledge to analyse the markets on their own. This article will be useful for UK residents and visitors. Here you will find all the answers how to start copy trading in the UK and which brokers to choose for the same.

Best copy trading platforms in the UK

Choosing a reliable copy trading platform is a key step towards easy trading in the foreign exchange markets. This table presents the leading copy trading platform in the UK that earned the trust of traders due to their transparency, quality of service and competitive conditions.

Best copy trading platforms in the UK
	Min. deposit, $	Min Spread EUR/USD, pips	Max Spread EUR/USD, pips	Open account
Pepperstone		0,5	1,5	Open an account Your capital is at risk.
OANDA		0,1	0,5	Open an account Your capital is at risk.
FOREX.com	100	0,7	1,2	Study review
IG Markets	1	0,6	1,2	Study review
Thinkorswim	2000	0,2	0,4	Study review

How to choose a broker for copying trades

Regulation and security. Make sure the broker is regulated by the FCA or other reputable bodies. This ensures that your investment is protected.
User reviews. Read reviews and ratings from other traders to get an idea of the reliability and quality of the broker's services.
Platform functionality. Evaluate the platform usability, availability of mobile applications, quality of analytical tools and customer support.
Payment terms and fees. Investigate the broker's fees, including spreads, withdrawal fees and possible hidden charges. Choosing a broker with a transparent and fair commission structure will help you maximise your returns.
Available assets and instruments. Make sure the platform offers a wide range of assets to trade such as stocks, currencies, cryptocurrencies and other financial instruments.

Best brokers that offers a wide range of assets to trade
	Currency pairs	Open account
Eightcap	40	Open an account Your capital is at risk.
XM Group	57	Open an account Your capital is at risk.
RoboForex	40	Open an account Your capital is at risk.
TeleTrade	60	Open an account Your capital is at risk.
VT Markets	55	Open an account Your capital is at risk.

How to start copying trades: Step-by-step instructions

After choosing a broker, you can start trading and copy trading in particular. To do this, perform the following steps.

Registration on the platform. Create an account on the chosen platform. To do this, you will need to provide personal data and go through the verification procedure, including uploading documents to confirm your identity.
Deposit funds into your account. Deposit funds into your trading account. Make sure you familiarise yourself with the minimum deposit requirements and choose a convenient deposit method.
Select a trader to copy. Research the profiles of available traders. Pay attention to their historical profitability, trading strategy, risk level and feedback from other users. Choose a trader that matches your investment goals and risk profile.
Set up your copying parameters. Determine the amount you are willing to invest in copying trades of the selected trader. Set loss and profit limits to manage your risk.
Monitoring and management. Regularly check the results of copying and, if necessary, make changes to the copying parameters or select new traders to copy. It is important to monitor changes in the market and adapt your strategy according to the current situation.

Regulation and security of brokerage activities in the UK

Regulation in the UK

Copy trading in the UK is regulated by the Financial Conduct Authority (FCA). This provides a high level of security and protection for investors. The FCA monitors the activities of brokers, ensuring that they adhere to strict standards on the management of client funds and transparency of operations. Brokers operating in the UK are required to obtain an FCA licence, which confirms that they are trustworthy and meet all necessary regulatory requirements.

Investor protection in the UK

Investor protection in the UK includes several layers. Firstly, all FCA-regulated brokers are required to participate in the Financial Services Compensation Scheme (FSCS). This system protects clients in the event of a broker going bankrupt, providing compensation of up to £85,000. Brokers are also required to hold client funds in separate accounts, preventing them from being used for the company's operational needs.

Taxation in the UK

Taxation of profits from Copy trading in the UK is subject to the general rules of taxation of investment profits.Investors are required to declare trading profits and pay capital gains tax.

The rates of capital gains tax depend on the level of your income. If your income is more than £50,270 a year, the rate of capital gains tax is 20 per cent. If your income is between £12,571 and £50,270, the rate of capital gains tax is 10% for income below this threshold and 20% for income above it.

The tax threshold up to which capital gains tax is not charged is £3,000 in the 2024-2025 tax year.This means that gains up to this threshold are exempt from tax.

Profitable copy trading requires an active approach, despite its passive nature

Copy trading is quite popular in the UK because it is passive income and reduces the risks associated with managing a portfolio yourself. However, before embarking on copy trading I, as an experienced trader, advise you to pay attention to a few key aspects. Despite the appeal of copy trading you should pay careful attention to the selection of traders whose trades you intend to copy. Analysing historical performance, strategy and risk level will help you avoid unexpected losses. I advise you to regularly review your results and be ready to change your copy trading parameters depending on the current market situation.

It is also important to remember the need for diversification. Moreover, as far as copytrading is concerned, diversification should be not only among assets, but also among traders. Copying trades of several successful traders can significantly reduce the risks associated with wrong decisions of one of them. Using platforms with the ability to copy multiple traders at the same time can be a good solution to achieve this goal. Pay special attention to the availability of tools for analysing and monitoring traders.

Tax liabilities associated with copy trading should also be considered. Despite the fact that many platforms offer convenient ways to manage investments, the responsibility for the correct declaration of income lies with the investor. Consulting with a tax professional can help avoid unpleasant surprises and organise tax returns correctly.

Our Methodology

Traders Union applies a rigorous methodology to evaluate brokers using over 100 both quantitative and qualitative criteria. Multiple parameters are given individual scores that feed into an overall rating.

Key aspects of the assessment include:

Regulation and safety. Brokers are evaluated based on the level/reputation of licenses and regulations they operate under.
User reviews. Client reviews and feedback are analyzed to determine customer satisfaction levels. Reviews are fact-checked and verified.
Trading instruments. Brokers are evaluated on the breadth and depth of assets/markets available to trade.
Fees and commissions. A comprehensive analysis is done of all trading costs to analyze overall cost to clients.
Trading platforms. Brokers are assessed based on the variety, quality and features of platforms offered to clients.
Other factors like brand popularity, customer support, education resources are also evaluated.

Conclusion

Copy trading in the UK represents a promising opportunity for novice investors and those who want to automate their investments. It is an effective way to participate in the financial markets without the need for in-depth knowledge and analysis.

To achieve the best results, there are several key aspects to consider: platform regulation and security, terms and commissions, as well as the availability of analytical tools and customer support. Successful copy trading requires not only choosing a reliable platform, but also active investment management, including regular monitoring and adjustment of copy trading parameters.

Copy trading can be an effective tool for portfolio diversification and increasing returns, but it requires a responsible approach. Regular updating of knowledge, analysis of the market situation and consultations with professionals will help minimise risks and maximise the opportunities offered by this innovative strategy.

FAQs

What additional features can copy trading platforms offer to enhance your investing experience?

Many copy trading platforms offer features such as demo accounts for risk-free training, automatic notifications of the actions of copied traders, analytical tools to monitor performance and trade history, and the ability to communicate with other traders through forums and social media.

How to assess risks in copy trading and minimize possible losses?

To assess the risks, it is important to carefully study each trader's profile, including their historical profitability, risk level and trading strategies. You can minimize risk by diversifying your investments across multiple traders and assets, as well as setting loss and profit limits for each trade.

What types of assets are most often available for Copy trading on various platforms?

Assets such as currency pairs (Forex), stocks, indices, cryptocurrencies and commodities are commonly available on copy trading platforms. Some platforms may also offer more specialized instruments such as exchange-traded funds (ETFs) and contracts for difference (CFDs).

What copy trading settings can I customize when using copy trading platforms?

On most сopy trading platforms, you can set up such parameters as the amount to copy per trade, the maximum level of losses and profits, automatic termination of copying when a certain level of losses is reached, as well as the ability to manually close trades if necessary.

Team that worked on the article

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. He is also an educator in the field of finance and technology.

As an author for Traders Union, he contributes his deep analytical insights on various topics, taking into account various aspects.

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Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.

Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).

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