In this article, let’s examine some of the best copy trading applications in Brazil that enable copy trading. Brazil is known for having some of the most advanced financial markets in South America.
These applications make it easy for new and experienced traders to join the financial markets by copying the trades of successful traders.
Investing in the currency markets and in binary options has grown in popularity over the past few years and is regarded as a lucrative career.
Key Points & Best Copy Trading Apps In Brazil List
| Platform | Key Points |
|---|---|
| RoboForex | Offers a wide range of trading instruments, low spreads, and flexible account types. |
| Tickmill | Known for low spreads, fast execution, and a strong focus on forex and CFDs. |
| AvaTrade | Provides advanced trading tools, educational resources, and multiple platforms. |
| IC Markets | Offers low spreads, fast execution, and a variety of account types for traders. |
| Pepperstone | Low spreads, great customer service, and access to numerous trading platforms. |
| eToro | Social trading platform with copy trading and a user-friendly interface. |
| FXTM | Features a range of account types, advanced educational resources, and global reach. |
| OctaFX | Low spreads, easy-to-use platform, and support for multiple assets and trading strategies. |
| ZuluTrade | Specializes in social trading and offers automatic copy trading with top traders. |
| XM | Provides a wide range of instruments, tight spreads, and educational materials. |
10 Best Copy Trading Apps In Brazil
1.RoboForex
RoboForex is a forex and stock brokerage, founded in 2009 as a Belizean company. It supports the CopyFX platform which allows users to copy trades made by seasoned professionals. English, Portuguese, and Spanish are some of the supported languages.
CopyFX features multiple account options including ProCent, Pro, ECN, and Prime, all with a low barrier of entry at 10 dollars. The platform offers in excess of 12,000 trading instruments including stocks, indices, forex, and cryptocurrencies.
Customer support responds to inquiries around the clock via live chat, email, and phone. Mobile trading is enabled by the RoboForex trading applications for Android and iOS. The Belize Financial Services Commission is responsible for supervising the company’s activities (license 000138/32).
| Category | Details |
|---|---|
| Established | 2009 |
| Founder | Not publicly disclosed |
| Copy Trading Platform | RoboForex Copy Trading |
| Assets Available | Forex, stocks, indices, commodities, cryptocurrencies |
| Minimum Deposit | $10 |
| Language Support | English, Portuguese, Spanish, Russian, Arabic, and more |
| Customer Support | 24/7 via live chat, email, and phone |
| Mobile Accessibility | iOS and Android apps for mobile trading |
| Regulation | Regulated by IFSC (International Financial Services Commission) |
2.Tickmill
Founded in 2010, Tickmill is an international brokerage firm located in Seychelles. It offers an integrated platform Tickmill Social Trading, which allows users to copy trades from more than 10,000 professional signal providers using MetaTrader 4 (MT4) and MetaTrader 5 (MT5).
It also offers customer support in English, Spanish, Portuguese, and other languages. The minimum deposit is $100 and accounts can be Classic or Raw.
Customer support works through Live Chat, email and phone from Monday to Friday, 24 hours a day. Trading on mobile is available via iOS and Android apps. Tickmill is regulated by the Financial Services Authority (FSA) of Seychelles.
| Feature | Details |
|---|---|
| Established Year | 2014 |
| Founder | Duncan Anderson |
| Language Support | Supports multiple languages, including English, Portuguese, and Spanish. |
| Copy Trading Platform | Offers copy trading through integration with platforms like MyFxBook. |
| Assets Available | Provides trading in forex, CFDs, commodities, and indices. |
| Minimum Deposit | $100 |
| Spreads | Offers competitive spreads suitable for cost-efficient trading. |
| Customer Support | Provides 24/5 customer service via live chat, email, and phone. |
| Mobile Accessibility | Features a dedicated mobile app for on-the-go trading and account management. |
| Regulation and Security | Compliant with international financial regulations and employs advanced security measures. |
3.AvaTrade
AvaTrade is a global online broker that offers a full range of trading services. Founded in 2006 and now with a CEO Dáire Ferguson, the company provides the AvaSocial copy trading platform that allows users to copy the trades of other traders.
Language support includes English, Portuguese, Spanish, French, German, Italian, Vietnamese, Japanese, and Chinese. Traders are able to trade over 1250 instruments such as forex, stocks, commodities, indices, and even cryptocurrencies.
The company requires a minimum deposit of $100. Customer support is available 5 days a week 24 hours a day through live chat, email, and phone.
There are mobile trading applications available for both iOS and Android. AvaTrade is regulated by multiple authorities like the Central Bank of Ireland and ASIC.
| Feature | Details |
|---|---|
| Established Year | 2006 |
| Founder | Emanuel Kronitz |
| Language Support | Offers multi-language support, including Portuguese, English, and Spanish. |
| Copy Trading Platform | Provides AvaSocial, a dedicated platform for copy trading and social trading integration. |
| Assets Available | Enables trading in forex, cryptocurrencies, CFDs, commodities, indices, and stocks. |
| Minimum Deposit | $100 |
| Educational Resources | Includes tutorials, webinars, and trading guides for beginners. |
| Customer Support | Offers 24/5 support via live chat, email, and phone for prompt assistance. |
| Mobile Accessibility | Features an intuitive mobile app for trading and social interaction on the go. |
| Regulation and Security | Regulated by multiple authorities and implements advanced security measures. |
4.IC Markets
IC Markets is one of the largest online brokers offering forex and CFD trading and was founded in 2007 by Andrew Budzinski.
The firm also provides copy trading services via partnerships with AutoTrade and ZuluTrade. Supported languages include English, Portuguese, Spanish, Italian, German, and Russian.
Traders can trade more than 2,250 instruments like forex pairs, commodities, stocks, cryptocurrencies, indices, bonds, and futures.
The minimum deposit required is 200 USD and clients can choose from Standard, Raw Spread, or cTrader accounts. Customer support is provided 24/7 by email, phone, and live chat. Mobile trading can be done through the android and ios apps.
| Feature | Details |
|---|---|
| Established Year | 2007 |
| Founder | Andrew Budzinski |
| Language Support | Supports multiple languages, including Portuguese, English, and Spanish. |
| Copy Trading Platform | Integrated with ZuluTrade and MyFxBook for copy trading functionalities. |
| Assets Available | Offers trading in forex, indices, commodities, cryptocurrencies, and CFDs. |
| Minimum Deposit | $200 |
| Execution Speed | Provides ultra-fast trade execution with low latency for optimal performance. |
| Customer Support | 24/7 support available via live chat, email, and phone for continuous assistance. |
| Mobile Accessibility | Features a user-friendly mobile app for trading and monitoring on the go. |
| Regulation and Security | Regulated by multiple international authorities and implements strict security protocols. |
5.Pepperstone
Pepperstone is a leading online forex and CFDs broker, established on 2010 by Owen Kerr and Joe Davenport. Pepperstone partners with several platforms like Signal Start, DupliTrade and Pelican to offer copy trading services.
Their website is in English, Portuguese, and additional languages. Customers can trade from a wide range of assets which include forex, stocks, commodities, and cryptocurrencies.
For copy trading, a minimum deposit of 200 is recommended, but not enforced. Customer support is 24/5 available via live chat, email, and phone.
Traders also have the advantage of mobile trading through Pepperstone’s proprietary app “CopyTrading by Pepperstone” with Pelican Exchange Ltd.
| Feature | Details |
|---|---|
| Established Year | 2010 |
| Founder | Owen Kerr and Joe Davenport |
| Language Support | Supports multiple languages, including Portuguese, English, and Spanish. |
| Copy Trading Platform | Integrated with ZuluTrade, MyFxBook, and DupliTrade for advanced copy trading options. |
| Assets Available | Offers forex, commodities, indices, cryptocurrencies, and shares. |
| Minimum Deposit | $200 |
| Execution Speed | Provides fast execution speeds with low spreads, suitable for scalping and copy trading. |
| Customer Support | Available 24/5 via live chat, email, and phone for responsive assistance. |
| Mobile Accessibility | Features a user-friendly mobile app for trading and monitoring on the go. |
| Regulation and Security | Regulated by multiple international authorities and employs robust security measures. |
6.eToro
eToro was founded in 2007 by Yoni and Ronen Assia and David Ring & is one of the foremost platforms for social trading as well as multi asset investments. With the CopyTrader feature users of the platform can automatically copy the trades of successful investors.
The platform allows investment in various assets such as stocks, commodities, and even cryptocurrencies. Depending on the user’s region, the platform has a minimum deposit requirement which usually starts at $50.
Customer support can also be reached through a number of other services such as at email and live chat. eToro has its own mobile applications on iOs and android through which trading can be done.
| Feature | Details |
|---|---|
| Established Year | 2007 |
| Founders | Yoni Assia, Ronen Assia, and David Ring |
| Language Support | Offers multi-language support, including Portuguese, English, and Spanish. |
| Copy Trading Platform | Features a unique CopyTrader tool for replicating strategies of successful traders. |
| Assets Available | Supports trading in forex, stocks, cryptocurrencies, commodities, ETFs, and indices. |
| Minimum Deposit | $200 |
| Social Trading Network | Boasts a large community of traders for sharing insights and strategies. |
| Customer Support | Offers 24/5 customer service via live chat, email, and ticketing systems. |
| Mobile Accessibility | Features a robust mobile app for trading, copying, and interacting with other traders. |
| Regulation and Security | Regulated by multiple international financial authorities and implements strong security measures. |
7.FXTM
Founded in 2011, FXTM is an international online broker that offers a wide array of trading services. FXTM allows users to follow and copy trades from seasoned traders with its FXTM Invest copy trading platform. They also support Portuguese, Spanish and many other languages.
Traders can trade a variety of assets such as stocks, commodities, currencies, indices, and even cryptocurrency.
The broker’s customer retention level is high since traders are only required to put down a $100 deposit. This means that beginners would be able to trade too.
Customer support can be reached around the clock from Monday to Friday, via live chat, email, or on the phone.
There are mobile applications for both Android and iOS which enable trading on the go. FXTM works under the regulation of a number of bodies including Cyprus’s CySEC and Mauritius’s FSC.
| Feature | Details |
|---|---|
| Established Year | 2011 |
| Founder | Andrey Dashin |
| Language Support | Offers multi-language support, including Portuguese, English, and Spanish. |
| Copy Trading Platform | Provides FXTM Invest, a dedicated platform for copying expert traders. |
| Assets Available | Enables trading in forex, commodities, indices, and cryptocurrencies. |
| Minimum Deposit | $10 for Micro Accounts, $200 for Standard Accounts. |
| Educational Resources | Offers tutorials, webinars, and trading guides for beginners and advanced traders. |
| Customer Support | Provides multilingual 24/5 support via live chat, email, and phone. |
| Mobile Accessibility | Features a mobile app for trading and monitoring on the go. |
| Regulation and Security | Regulated by multiple authorities, including FCA and CySEC, ensuring a secure environment. |
8.OctaFX
Founded in 2011, OctaFX is an international online broker with a wide array of trading services. The company offers the OctaTrader copy trading platform, where users can follow and copy the trades of skilled traders. Other supported languages comprise English, Portuguese, Spanish, and more.
Traders can trade an extensive selection of assets which includes currency pairs, commodities, indices, and even cryptocurrencies.
With a minimum deposit of $25, it is beginner friendly. Customer support services are readily available, attending to queries 24/7 via email and social media. Mobile trading is offered on iOS and Android applications.
Regulatory oversight of OctaFX is provided by the Cyprus Securities and Exchange Commission (CySEC) as well as the Financial Services Authority of Saint Vincent and the Grenadines.
| Feature | Details |
|---|---|
| Established Year | 2011 |
| Founder | Octa Markets Incorporated |
| Language Support | Supports multiple languages, including Portuguese, English, and Spanish. |
| Copy Trading Platform | Offers a dedicated copy trading app for following and replicating trades of expert traders. |
| Assets Available | Provides trading in forex, indices, commodities, and cryptocurrencies. |
| Minimum Deposit | $50 |
| Risk Management Tools | Includes features like balance protection and customizable risk settings. |
| Customer Support | Available 24/7 via live chat, email, and phone for prompt assistance. |
| Mobile Accessibility | Features a user-friendly mobile app for trading and monitoring on the go. |
| Regulation and Security | Regulated by international authorities and employs advanced security measures. |
9.ZuluTrade
ZuluTrade is one of the first social trading platforms that connects investors with skilled traders. Initially established in 2007 by Leon Yohai and Kosta Eleftheriou, the platform offers multiple language supports including English, Portuguese, Spanish, French, Italian, German, Russian, Chinese (simplified), Arabic, Japanese, Korean, Turkish, and Greek.
It specializes in copy trading on various assets such as forex, stocks, commodities, indices, and cryptocurrencies.
The platforms have different minimum deposits, with some brokers requiring as low as $1. Additionally, ZuluTrade provides 24/5 customer support through live chat, email, and phone. Mobile trading is supported on the ZuluTrade app available on both iOS and Android devices.
| Feature | Details |
|---|---|
| Established Year | 2007 |
| Founder | Leon Yohai |
| Language Support | Supports multiple languages, including Portuguese, English, and Spanish. |
| Copy Trading Platform | Offers a robust platform for copying strategies of top traders globally. |
| Assets Available | Provides trading in forex, stocks, indices, commodities, and cryptocurrencies. |
| Minimum Deposit | Varies depending on the broker linked to ZuluTrade. |
| Risk Management Tools | Includes ZuluGuard, a feature to protect investments by managing risk exposure. |
| Customer Support | Available 24/5 via live chat, email, and phone for assistance. |
| Mobile Accessibility | Features a user-friendly mobile app for trading and monitoring on the go. |
| Regulation and Security | Regulated by multiple authorities, ensuring a secure and transparent trading environment. |
10.XM
Founded in 2009, XM is a global online broker offering a wide range of trading services. The company provides the XM Copy Trading platform which allows users to follow and copy the trades of their favorite traders.
Supported languages include English, Portuguese, Spanish, among many others. Traders are offered numerous assets to choose from which include currency pairs, commodities, indices, and even cryptocurrencies.
With a minimum deposit of $5, the platform is ideal for beginners. Customers can contact support 24/5 via live chat, email, or phone.
XM also offers mobile trading through their iOS and Android apps. XM is regulated by several authorities which includes the Cyprus Securities and Exchanges Commission (CySEC) as well as the Australian Securities and Investments Commission (ASIC).
| Feature | Details |
|---|---|
| Established Year | 2009 |
| Founder | Constantinos Cleanthous |
| Language Support | Offers multi-language support, including Portuguese, English, and Spanish. |
| Copy Trading Platform | Provides copy trading services through its integration with MetaTrader platforms (MT4/MT5). |
| Assets Available | Offers trading in forex, CFDs, cryptocurrencies, stocks, commodities, and indices. |
| Minimum Deposit | $5 for Micro and Standard accounts, $10,000 for Share accounts. |
| Educational Resources | Includes tutorials, webinars, and market analysis for traders of all levels. |
| Customer Support | Available 24/5 via live chat, email, and phone for prompt assistance. |
| Mobile Accessibility | Features a mobile app for trading and monitoring on the go. |
| Regulation and Security | Regulated by multiple authorities, including ASIC, CySEC, and FCA, ensuring a secure environment. |
Conclusion
To sum up, the most effective copy trading apps in Brazil, such as eToro, RoboForex, Tickmill, AvaTrade, IC Markets, provide easy-to-use interfaces, various trading options, and affordable initial investments.
They offer mobile trading and adequate customer service, which is appealing to novices as well as seasoned traders who want to implement efficient trading strategies through copy trading.