Boost Your Investment Portfolio with the Best Copy Trading Apps of 2021

Introduction

Investing in the financial markets can be hard, especially if you’re new. But now, there are apps that can help you. These apps let you copy the trades of experienced traders, so you can learn from them and potentially make more money. In this article, we’ll talk about the best copy trading apps of 2021. These apps are easy to use, transparent, and connect you with the best traders. Whether you’re a beginner or experienced, these apps can help you invest better and make more money.

1. eToro

eToro is a popular copy trading app. It lets you invest in stocks, forex, commodities, and cryptocurrencies. With over 20 million users, eToro is a great place to learn from successful traders. They have a feature called “CopyTrader” that lets you automatically copy the trades of the best traders. eToro also provides educational resources to help you make smart investment decisions.

2. ZuluTrade

ZuluTrade is another copy trading app. It connects you with skilled traders from around the world. You can browse through different traders, see their past performance, and choose who to follow and copy. One cool thing about ZuluTrade is that you can customize the risk levels of your investments. This means you can make investments that match your comfort with risk.

3. NAGA

NAGA is a copy trading app that aims to make investing easy for everyone. It lets you copy the trades of successful traders in stocks, forex, and cryptocurrencies. NAGA also has social networking features, trading contests, and a news feed. It’s a great app for beginners because it has an education section to help you learn.

4. Coinbase

Coinbase is a popular app for trading cryptocurrencies. They also have a copy trading feature called “Coinbase Copy.” This lets you automatically copy the trades of professional cryptocurrency traders. Coinbase offers a variety of cryptocurrencies to trade, so it’s a good choice if you’re interested in that market.

Frequently Asked Questions (FAQs)

1. What is copy trading?

Copy trading is when you automatically copy the trades of successful investors. This lets beginners learn from experienced traders and potentially make the same amount of money.

2. How does copy trading work?

Copy trading apps connect you with traders who have a good track record. You can see how well different traders have done in the past and choose who to copy. Whenever the trader makes a trade, it’s automatically copied in your account.

3. Are there any risks in copy trading?

Like any investment, copy trading has risks. It’s important to research the traders you want to copy and consider their past performance. It’s also a good idea to copy multiple traders to diversify your investments.

4. Can I change or close copied trades myself?

Most copy trading apps let you change or close copied trades if you want to. But it’s important to understand how the app works before making any changes.

References:

1. “Invest in Stocks, Commodities, Currencies, and Indices with eToro” – eToro, https://www.etoro.com/
2. “ZuluTrade – Follow Traders Who Know” – ZuluTrade, https://www.zulutrade.com/
3. “Investing for Everyone” – NAGA, https://www.naga.com/
4. “Coinbase Copy: Follow and Copy Trades” – Coinbase, https://www.coinbase.com/

Are you ready to trade? Explore our Strategies here and start trading with us!