Best Copy Trading Platform in India

Best Copy trading platform in India

What are the best Forex Copy Trading Platforms in India, and what makes them unique? This blog article lists a variety of popular platforms and explains why they are so well-regarded.

So, let start with basics and understand,

What is Copy Trading?

Copy trading is the process of buying and selling securities based on the same security information. Copy traders use this information to help them make better investment decisions. Copy trading can be done through a number of different platforms.

How does Copy Trading work?

Copy trading is a way to make money by buying and selling the same security at different prices. You do this by borrowing a security from someone else and selling it immediately, hoping to buy it back at a lower price so you can return the security to your lender and pocket the difference. The key to success with copy trading is finding a platform that works well for you.

Types of Copy Trading Platforms

Copy trading platforms come in a variety of shapes and sizes, but all of them offer the same basic features: the ability to buy and sell shares of other companies’ stocks. Most platforms also offer a few additional features, such as account management tools, market information, and social trading.

Here is a breakdown of the main types of Copy Trading Platforms and their features:

1. Interactive Platforms: These platforms are typically designed for users who want to buy and sell shares of individual stocks. They offer detailed account information, market data, and social trading features.
2. Automated Platforms: These platforms are designed for users who want to trade large blocks of shares in one go. They usually offer fewer account management features than interactive platforms but more market data and social trading features.
3. Blind Copy Trading Bots: These platforms are used by professional traders to automate their copy trading activities. They often offer the most advanced account management features available, as well as market data and social trading tools.

Now we understand what is copy trading, how it works, and its all types. Now it’s time to move further and check what are the best copy trading platforms available in India.

Best Copy Trading Platforms in India

CapitalXtend

CapitalXtend is one of the most popular and trusted copy trading platforms. It offers its users a free demo account which is enough to test the platform. The company is dedicated towards customer satisfaction and has helped millions of people make their first million in the stock market.

It is compatible with all the devices like Mac, Windows, Linux and Android, and it gives an easy-to-use dashboard. The copy of the trade is displayed in a well-designed trading chart. Moreover, there is no limitation on the number of trades.

The platform is highly secure and you can deposit and withdraw funds using the most popular wallets. It allows its customers to place multiple orders and track their orders.

InstaTrades

InstaTrades is a platform for copy trading that makes it easy to learn from the strategies of other traders. You can sign up for the platform for free and use it for a few days to see how it works. There is no limit on the amount you can deposit or the number of trades you can make.

The platform is very adaptable and can work on any kind of device. In a well-made chart, a copy of the trade is shown. You can trade in almost all instruments through the platform. It lets you put in more than one order, keep track of your orders, and put in stop-loss orders.

TradeStation

TradeStation is one of the most well-known places to copy trades. It has been around since 1993, and thousands of professionals and new traders use the platform to copy the trades of successful traders.

This copy trading platform is easy to use and can work with a wide range of financial instruments. Since more than 20 years ago, it has been known as a leader in the software business.

This platform is the most flexible and gives you a great way to learn. It lets you place multiple orders, check on their progress, and keep track of them.