Do you think about the right strategy to invest in Cryptocurrency? With some of India’s best copy trading apps, you can copy the trading style of some of the best traders from all around and earn returns. Here’s a brief overview of the best copy trading apps in India:
|Name||Founded in||Headquarters||Customer support|
|BYDFI||2014||Taiwan and Singapore||Available 24/7|
|PrimeXBT||2018||Beau Vallon, Seychelles||Available 24/7|
|Coinmatics||Not Available||Mississauga, Ontario||Available 24/7|
|MoonXBT||Not Available||Cayman Islands||Available 24/7|
|Zingaly||2018||Kingstown, Saint Vincent||Available 24/7|
Table of Contents
What is copy trading?
Copy trading is a technique in which traders copy the actions of successful traders. It was invented in the year 2005 and is a form of automated trading that enables traders to duplicate the trades of other traders. Copy trading is a type of trading where one buys and sells securities based on the action of a third-party trader; anyone can do it with an internet connection and some money to spend. Copy trading is copying the trades made by an expert trader.
Here are some of our articles on Copy Trading, that can help you understand better.
1st Best copy trading apps in India: BYDFI
BYDFI copy trading enables anyone to copy trade from experienced traders. To copy trade, one must complete the registration process and deposit their funds. After which, they can start trading and copying other users’ signals. BYDFI guarantees that all copied trades are executed with precision and accuracy in real-time.
Also, read our BYDFI review to know more.
- Trading signals through email. Users can register for free to receive personalized alerts about market movements, tips, and notifications of new opportunities to make money online.
- Investors use the portfolio management function to manage their own or other people’s portfolios and monitor data related to performance, risk, etc.
- Online course on finance and investing: When users struggle with something, they can learn about it through BYDFI’s online courses on finance and investing.
2nd Best copy trading apps in India: PrimeXBT
PrimeXBT is counted as one of the best copy trading platforms that allow users to trade cryptocurrencies, similar to how investment banks trade bonds. PrimeXBT is located in Beau Vallon, Seychelles. Furthermore, the platform lets traders copy the trades of professional traders. This way, they can make better investment decisions, generating more profits. You can sign up for a basic account or get access to PrimeXBT’s exclusive VIP account. PrimeXBT provides an opportunity for beginner and experienced investors alike to increase their return on investment. PrimeXBT offers two-factor authentication to protect users’ data, and it is available on both Android and iOS devices.
Here are some of PrimeXBT’s features:
- PrimeXBT charges no withdrawal fee and offers traders commission-free trading on all pairs.
- It provides one of the most advanced APIs in the industry and provides 24/7 customer support.
- PrimeXBT allows users to create their trading bot and comes with prebuilt trading bots.
3rd Best copy trading apps in India: Coinmatics
The Coinmatics copy trading platform allows users to copy the trades of skilled traders automatically, with a single click. They allow those new to Crypto to quickly build their portfolio using professional cryptocurrency investors’ tried and tested techniques. It also enables customers to benefit from our professional traders’ expertise by copying their trades automatically or manually on a 1:1 basis and rebalancing portfolios with no limits, making Coinmatics the most advanced cryptocurrency copy trading platform. Coinmatics also offers a free demo account that helps users practise their trades.
- It provides Upside/Downside Notifications when a coin is overbought or oversold.
- It provides an international support team working 24/7 to ensure clients’ issues are solved instantly.
- It provides a simple and intuitive interface.
To know more read our Coinmatics review.
4th Best CopyTrading App in India: ProfitFarmers
ProfitFarmers is a groundbreaking copy-trading app that’s changing the lives of traders around the world. Now, even new traders can trade just like professionals with 78% win-rate signals.
ProfitFarmers combines their AI-generated signals with copy-trading plus other advanced features (explained below) to almost completely automate the most difficult tasks that frustrate and baffle most traders.
New traders benefit from the trade plans and “set it and forget it” auto-trading while professionals can take their game up a level with the price-action scanners, Advanced Trading Terminal, Laddering Mode, and Break-Even Stop-Loss.
Now, everyone can copy-trade AND live a normal life.
- Trading signals in your dash: No emails or Telegram here. This is a legit fully developed trading platform. The signals appear in your dash with all key info included
- More than copy-trading: Advanced trading tools to improve your entry price, lock in profits, and protect your money even when you’re away
- Money-back guarantee: If they don’t deliver 60% win-rate signals in the first 30 days, you get your money back
Check out our full review of ProfitFarmers to learn more about how they’re changing the lives of traders everywhere ($100 off coupon inside!).
5th Best copy trading apps in India: MoonXBT
MoonXBT copy trading is here to provide traders with an opportunity to trade with the best trading strategies without constantly monitoring their progress or keeping up-to-date with new investment trends. MoonXBT copy trading also offers an advanced interface that makes it easy for new traders to learn about cryptocurrencies through tutorials and videos.
To read more about MoonXBT, click here.
However, the minimum requirements to become a trader on MoonXBT are very less. Therefore, always do a thorough research on the background of professional traders.
6th Best copy trading apps in India: Zignaly
Zignaly copy trade uses a unique system that allows you to profit from trading binary options; Zignaly has many signals providers and expert advisors that provide trading signals for copy trading so that users can trade and earn profit even if they don’t have much knowledge about trading.
Zingaly features are mentioned below:
- Users can create an account and get many features for trading for free.
- The profit-sharing is just 20%.
- Zignaly requires little investment with low risk and offers withdrawal at any time with zero fees on deposits and withdrawals.
To read more about Zignaly click here.
Through our blog on India’s best copy trading apps, you must have attained the knowledge of the best copy trading apps that would help you both in the long and the short run. Moreover, Avatrade and PrimeXBT can be one of the best platforms for complete beginners. Whereas, Coinmatics, Haru Invest, and Zignaly would be the best choice for people who are in for intuitive interface and decent returns on their crypto.
Frequently Asked Questions
Who is the founder of AvaTrade, and where is its headquarters?
Emanuel Kronitz founded AvaTrade, and its headquarter is located in Dublin, Ireland.
Does AvaTrade support copy trading?
AvaTrade has a copy trading service to follow other traders and earn profits with their trades.
Is PrimeXBT safe to use?
PrimeXBT offers traders a high level of safety when it comes to keeping their money, with cold storage for all funds, which means funds are never stored on any internet-connected devices. In addition, the company uses two-factor authentication to protect users’ accounts, and they use SSL encryption to protect data transmissions.