5 Best Copy Trading Platforms in the Netherlands – Top Picks for 2024

Are you in the Netherlands? It is now possible to earn good money from crypto/Forex trading without analyzing the markets yourself, thanks to the many brokers in this country that support copy trading.

In this article, we will explore the leading platforms for copy trading in the Netherlands. Keep reading to discover them.

eToro

eToro supports thousands of financial instruments that are available for copy trading. The broker provides sufficient information about the lead traders to help you make informed decisions. The eToro copy trading platform comes with a “CopyPortfolios” feature, which lets users copy a particular set of financial instruments, thus allowing them to diversify.

Pros of the eToro Copy Trading Platform

• The platform has several innovative trading tools.
• It is well-regulated.
• Has a user-friendly interface, making it easy for beginners to use.

Cons of the eToro Copy Trading Platform

• Imposes wide spreads, which result in high trading costs.
• eToro offers limited access to educational resources.

RoboForex CopyFX

With RoboForex CopyFX, you retain control over your investments after you start copying a lead trader. The platform offers unlimited access to traders’ information, which allows you to evaluate their trading performance.

Pros of RoboForex Copy FX

• The platform lets users decide how they want to pay the lead trader. It could be through commissions or monthly subscriptions.
• Copy traders have control over their invested funds.

Cons of RoboForex FX

• RoboForex is only registered offshore.
• Most lead traders charge relatively high commissions.

Tickmill

Most strategy providers on Tickmill open winning trades because the broker offers excellent analytical instruments. Tickmill is a highly regulated broker with licenses from respected regulators like FSCA, FCA, and CySec. To start copying trades on this trading platform, you need at least $1,000.

Pros of Tickmill

• The platform has revolutionary analytical tools, simplifying market analysis.
• It has secured licenses from top-tier regulators, making it trustworthy.

Cons of Tickmill

• The amount required to start copy trading is extremely high.

IC Markets

To copy trades on IC Markets, you need a ZuluTrade account. For beginners, ZuluTrade is one of the leading copy trading providers, offering access to thousands of experienced traders. It has a “ZuluGuard” functionality that protects investors’ capital.

Pros of IC Markets

• The broker gives you access to over 80,000 signal traders on ZuluTrade.
• You can begin copying trades with only $100.
• The platform charges low trading fees.

Cons of IC Markets

• Novice traders may struggle to link their IC Markets and ZuluTrade accounts.
• The zuluTrade user interface needs some improvements.

AvaTrade

This platform’s copy trading service is known as AvaSocial. It lets you access over 5,000 signal providers. AvaTrade is a regulated trading platform. It has licenses from ASIC and the Central Bank of Ireland.

Pros of AvaTrade

• AvaTrade’s AvaSocial mobile app is beginner-friendly.
• The platform offers access to a wide range of markets.

Cons of AvaTrade

• AvaTrade requires a considerably high copy trading investment.

How to Select a Copy Trading Platform in the Netherlands

• To have a wonderful trading experience, you first need to select a reliable copy trading platform. These are the factors to consider when picking a copy trading app:
• Check if the platform’s minimum copy trading amount is within your reach.
• Make sure that the broker is regulated to avoid losing your funds to fraudsters.
• Investigate the platform’s trading conditions. Research the offered trading instruments and fees.
• Check the platform’s copy trading network size. Only register with a platform that has a wide pool of lead traders.
• Confirm if the platform offers a demo account to allow you to test its copy trading service without committing funds first.
• Ensure a platform’s customer support is responsive. You do not want your problems to go unsolved for days.

Is Copy Trading in the Netherlands Legal?

Copy trading in the Netherlands is legal, provided the platform you are copying trades on is regulated by relevant authorities.

It is worth mentioning that profits generated from copy trading are subject to taxes in the Netherlands.