Copy trading has become a popular choice among Singapore traders, offering a simple way to mirror the strategies of experienced investors. With the right broker, it provides access to global markets, professional insights, and time-saving convenience. In this review, we highlight the 5 Best Copy Trading Brokers in Singapore and the unique advantages they bring.
What this article covers:
The 5 leading copy trading brokers for Singapore traders
Key features that make them stand out
Benefits of copy trading in Singapore’s market
How beginners and pros can use copy trading
Why regulation and trust matter most
- Andre Hanekom
10 Best Forex Brokers in Singapore
Rank
Broker
Review
Regulators
Min Deposit
Official Site
In this comprehensive guide, you’ll discover the 5 Best Copy Trading Brokers in Singapore that make trading easier, smarter, and more accessible. These brokers open the door to following skilled investors while still keeping control of your own journey. They offer simple platforms, strong regulation, and access to global markets, giving Singapore traders peace of mind.
Whether you’re just starting or already have experience, copy trading saves time and provides valuable learning opportunities. Each broker we feature has something special to offer, from reliability to innovative tools, helping you grow your investments with more confidence and less stress.
5 Best Copy Trading Platforms in Singapore – Comparison
| 🔍Broker | 🫴🏻Copy Trading | 🚀Open an Account | 💵Minimum Deposit |
| 🥇eToro | Yes | 👉 Click Here | SGD256 or USD200 |
| 🥈Pepperstone | Yes | 👉 Click Here | No minimum deposit |
| 🥉Avatrade | Yes | 👉 Click Here | SGD126 or USD100 |
| 🏆IC Markets | Yes | 👉 Click Here | SGD256 or USD200 |
| 🏅Roboforex | Yes | 👉 Click Here | SGD12.6 or USD10 |
What is a copy trading platform for traders in Singapore?
Using copy trading platforms, Singaporean traders can copy the trades made by seasoned investors. Brokers that provide copy trading platforms make it possible for novices to profit from the strategies used by more experienced traders without requiring them to have extensive understanding of the market.
By making traders’ performance measures visible, copy trading platforms provide transparency, which in turn aids users in selecting tactics that are in line with their objectives. Traders in Singapore have more options for diversification thanks to these platforms, which support multiple asset classes.
5 Best Copy Trading Platforms in Singapore (2025)
- eToro -Huge community, effortless social copy trading
- Pepperstone – Ultra-low spreads with lightning-fast execution
- Avatrade – Seamless ZuluTrade integration, user-friendly platform
- IC MArkets – Advanced analytics with consistently low costs
- Roboforex – Extremely low deposits, flexible trading options
eToro
 | Minimum Deposit: $50 Regulated by: FCA, CySEC, ASIC Leverage: Up to 1:30 |
Overview
The eToro Copy Trading account has become a favourite for many Singapore traders looking for a simple, transparent, and engaging way to trade. Instead of spending countless hours analyzing markets, you can choose to mirror the strategies of experienced investors across a wide range of asset classes. With its user-friendly platform and strong global reputation, eToro offers both beginners and experienced traders the chance to learn, diversify, and save time.
While eToro is not regulated locally by MAS, it is covered by top-tier international regulators, giving traders a high level of security. The minimum deposit is accessible, and with SGD funding available, it’s convenient for Singapore residents. Add in social features like chat and profile stats, and eToro feels more like a trading community than just a broker.
Unique Features
| 🔍Feature | Information |
| ⌛Regulation | FCA, CySEC, ASIC |
| 📱Social Media Platforms | Instagram You Tube |
| 🫴🏻 MAS Regulation? | None |
| 🗂️Trading Accounts | Standard Account Demo Account |
| 📊Trading Platforms | eToro Proprietary web Mobile |
| 💴Minimum Deposit in SGD | 256 SGD or $200 |
| 🛢️Trading Assets | Forex Stocks Commodities Cryptocurrencies Bonds Indices Exchange-Traded Funds (ETFs) Contracts for Difference (CFDs) Precious Metals |
| 🗂️SGD-based Account? | No, USD only |
| ✔️SGD Deposits Allowed? | Yes |
| 🎁Bonuses for Singapore traders? | No |
| ✏️Minimum spread | From 1.0 pips |
| 🆓 Demo Account | Yes |
| ☪️Islamic Account | Not Officially |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅Pros | ❌Cons |
| Easy-to-use platform with simple navigation | Not regulated by MAS locally |
| Large community of traders to copy from | Accounts are USD-based, not SGD |
| Wide range of assets including crypto | Spreads slightly higher than some competitors |
| Transparent fees and no hidden costs | No Islamic account option available |
| Free demo account to practice risk-free | No trading bonuses or promotions |
Frequently asked Questions
1. Can beginners in Singapore start easily with eToro’s Copy Trading?
Yes. The platform is designed for ease of use. You can choose traders to copy, set risk levels, and learn by watching experts trade.
2. Does eToro allow deposits directly in Singapore dollars?
Yes. You can deposit in SGD, but it is automatically converted to USD, since accounts are USD-based. Conversion fees may apply.
Pepperstone
 | Minimum Deposit: $0 Regulated by: ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB Leverage: Up to 1:500 |
Overview
Pepperstone’s Copy Trading account is designed for Singapore traders who want access to professional-level strategies without needing years of experience. Known for its ultra-low spreads and fast execution, Pepperstone integrates with trusted platforms like Myfxbook, DupliTrade, and MetaTrader Signals, allowing users to follow and copy seasoned traders in real time. The broker is highly regarded for transparency and trust, backed by strong global regulation, though it is not directly licensed by MAS.
With no strict minimum deposit requirement, Singaporeans can start small while still enjoying professional-grade trading conditions. Deposits in SGD are accepted and converted, making funding easy and convenient. Pepperstone focuses on creating a straightforward environment with powerful tools, making it suitable for both beginners and advanced traders. Combined with excellent customer support and reliable platforms, it provides a strong and flexible option for those wanting to explore copy trading confidently in Singapore.
Unique Features
| 🔍Feature | Information |
| ⌛Regulation | FCA, ASIC, CySEC, DFSA, And Others |
| 📱Social Media Platforms | Instagram You Tube |
| 🫴🏻 MAS Regulation? | None |
| 🗂️Trading Accounts | Standard Account Razer Account ECN Style Spread |
| 📊Trading Platforms | cTrader MetaTrader 4 MetaTrader 5 Mobile App |
| 💴Minimum Deposit in SGD | 0 SGD or $0 |
| 🛢️Trading Assets | Forex Stocks Commodities Cryptocurrencies Indices Exchange-Traded Funds (ETFs) Precious Metals |
| 🗂️SGD-based Account? | Yes |
| ✔️SGD Deposits Allowed? | Yes |
| 🎁Bonuses for Singapore traders? | Yes |
| ✏️Minimum spread | From 0.0 pips |
| 🆓 Demo Account | Yes |
| ☪️Islamic Account | Yes |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅Pros | ❌Cons |
| Ultra-low spreads, especially on Razor accounts | Not regulated by MAS in Singapore |
| Multiple copy trading integrations available | No trading bonuses for locals |
| SGD base accounts make funding easier | Learning curve for copy platforms integration |
| Trusted broker with strong global regulation | Razor spreads require commission fees per lot |
| Fast execution, great for active strategies | Customer support not 24/7 in all regions |
Frequently Asked Questions
1. Can beginners in Singapore benefit from Pepperstone’s Copy Trading?
Yes. The integrations with Myfxbook and DupliTrade allow beginners to copy experienced traders easily while learning trading techniques.
2. Does Pepperstone support SGD deposits and accounts?
Yes. You can fund directly in SGD, and also choose SGD as your account’s base currency, avoiding unnecessary conversion fees.
Avatrade
 | Minimum Deposit: $100 Regulated by: CBI, BVI, FSC, ASIC, FSCA, JFSA, FFAJ Leverage: Up to 1:400 |
Overview
AvaTrade’s Copy Trading account offers Singapore traders a simple way to mirror successful strategies without needing to be glued to the charts. Through integrations with popular platforms like ZuluTrade and DupliTrade, traders can follow seasoned investors, set their own risk limits, and build confidence in the markets. AvaTrade is well known for being user-friendly, combining solid regulation with an easy account setup process.
While it isn’t regulated locally by MAS, it is governed by respected global authorities, ensuring safety and transparency. With a modest minimum deposit, Singaporeans can start without heavy upfront costs, and deposits in SGD are accepted with automatic conversion. Offering a broad range of trading instruments, from forex to stocks and crypto, AvaTrade makes copy trading accessible for both new and experienced traders. For those wanting convenience, guidance, and reliability, it remains a strong choice in Singapore’s trading landscape.
Unique Features
| 🔍Feature | Information |
| ⌛Regulation | ASIC, Central Bank of Ireland, FSCA, FSA and more |
| 📱Social Media Platforms | Instagram You Tube |
| 🫴🏻 MAS Regulation? | None |
| 🗂️Trading Accounts | Standard Account Islamic (Swap free) Option Demo Account |
| 📊Trading Platforms | Webtrader MetaTrader 4 MetaTrader 5 Mobile App Webtrader Zulutrade Duplitrade |
| 💴Minimum Deposit in SGD | 128 SGD or $100 |
| 🛢️Trading Assets | Forex Stocks Commodities Cryptocurrencies Bonds Indices Exchange-Traded Funds (ETFs) Contracts for Difference (CFDs) Precious Metals |
| 🗂️SGD-based Account? | No |
| ✔️SGD Deposits Allowed? | Yes |
| 🎁Bonuses for Singapore traders? | No |
| ✏️Minimum spread | From 0.9 pips |
| 🆓 Demo Account | Yes |
| ☪️Islamic Account | Yes |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅Pros | ❌Cons |
| Easy access to ZuluTrade and DupliTrade | Not licensed by MAS locally |
| Wide choice of assets to trade | No SGD base currency accounts available |
| Low minimum deposit starting from USD 100 | No bonuses for Singapore traders |
| Reliable regulation from global authorities | Spreads not as low as ECN brokers |
| Strong mobile app for copy trading on the go | Some platforms may feel advanced for beginners |
Frequently Asked Questions
1. How does AvaTrade’s Copy Trading benefit beginners in Singapore?
It allows beginners to follow skilled traders through ZuluTrade or DupliTrade, saving time and offering learning opportunities while still controlling risk preferences.
2. Can I fund my AvaTrade account directly in SGD?
Yes, deposits in SGD are accepted, but they are converted to USD or other available base currencies. Conversion fees may apply.
IC Markets
 | Minimum Deposit: $200 Regulated by: FSA Leverage: Up to 1:500 |
Overview
IC Markets Copy Trading account gives Singapore traders the ability to follow seasoned professionals while still benefiting from the broker’s lightning-fast execution and competitive spreads. Integrated with platforms such as Myfxbook AutoTrade, ZuluTrade, and MetaTrader Signals, traders can copy strategies that suit their goals while keeping full control over risk settings.
IC Markets is recognised globally for its transparency, regulated by top-tier bodies, though it is not directly licensed by MAS. The broker is especially attractive for traders who value low-cost trading, deep liquidity, and access to multiple platforms like MT4, MT5, and cTrader. Deposits in SGD are accepted, though accounts themselves are usually in USD or other major currencies. With a minimum deposit starting at USD 200, it offers an approachable entry point for most Singapore investors. IC Markets combines professional-grade conditions with simple copy trading access, making it a strong option for both beginners and advanced traders.
Unique Features
| 🔍Feature | Information |
| ⌛Regulation | FCA, FSCA, CySEC, DFSA, FSA, FSC, CMA |
| 📱Social Media Platforms | Instagram |
| 🫴🏻 MAS Regulation? | None |
| 🗂️Trading Accounts | Micro Account Premium Account Zero Spread account Pro Account Islamic (Swap free) Option Demo Account |
| 📊Trading Platforms | Webtrader MetaTrader 4 MetaTrader 5 Mobile App |
| 💴Minimum Deposit in SGD | 7 SGD or $5 |
| 🛢️Trading Assets | Forex Stocks Commodities Cryptocurrencies Bonds Indices Exchange-Traded Funds (ETFs) Contracts for Difference (CFDs) Precious Metals |
| 🗂️SGD-based Account? | Yes |
| ✔️SGD Deposits Allowed? | Yes |
| 🎁Bonuses for Singapore traders? | Yes |
| ✏️Minimum spread | From 0.0 pips |
| 🆓 Demo Account | Yes |
| ☪️Islamic Account | Yes |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅Pros | ❌Cons |
| Ultra-tight spreads from 0.0 pips | Not licensed under MAS in Singapore |
| Multiple copy trading platforms supported | Accounts not offered in SGD base currency |
| Trusted global regulation and transparency | No bonuses or promotions available |
| Wide range of tradable instruments | Copy trading platforms may overwhelm beginners |
| Fast execution with deep liquidity providers | Customer service not always 24/7 locally |
Frequently Asked Questions
1. Is IC Markets Copy Trading suitable for new Singapore traders?
Yes. With platforms like Myfxbook AutoTrade, beginners can copy skilled traders, control their risk levels, and learn as they go.
2. Can I deposit in Singapore dollars with IC Markets?
Yes. SGD deposits are accepted, but funds are converted into a base currency such as USD, AUD, or EUR.
Roboforex
 | Minimum Deposit: $10 Regulated by: FSC Leverage: Up to 1:200 |
Overview
RoboForex’s CopyFX account offers Singapore traders an affordable and flexible entry into copy trading. With a minimum deposit starting as low as USD 10, it is one of the most accessible platforms for beginners. The CopyFX system allows traders to follow experienced professionals, compare their results transparently, and choose strategies that align with personal goals.
RoboForex provides a wide range of account types and supports popular platforms like MT4, MT5, and its proprietary R StocksTrader. While not regulated by MAS, the broker operates under international licensing, offering competitive spreads and high leverage options. Deposits in SGD are accepted and converted, making it convenient for locals. Traders can access a huge variety of assets, from forex to stocks and crypto. With extra features like Islamic accounts, demo trading, and occasional bonus offers, RoboForex stands out as a budget-friendly yet versatile copy trading choice for Singapore clients.
Unique Features
| 🔍Feature | Information |
| ⌛Regulation | (FSC/IFSC) of Belize, under license # 000138/32 |
| 📱Social Media Platforms | LinkedIn YouTube |
| 🫴🏻 MAS Regulation? | NO |
| 🗂️Trading Accounts | Pro-Cent account Pro-Standard account ECN Account Prime Account R Stocks trader account |
| 📊Trading Platforms | MetaTrader 4 IMetaTrader 5 R StocksTrader |
| 💴Minimum Deposit in SGD | 13.50 SGD or an equivalent to $10 |
| 🛢️Trading Assets | Forex Indices Shares Commodities Cryptocurrencies Futures EFT’s |
| 🗂️SGD-based Account? | None |
| ✔️SGD Deposits Allowed? | Yes but will be converted to USD |
| 🎁Bonuses for Singapore traders? | Yes |
| ✏️Minimum spread | From 0.0 pips |
| 🆓 Demo Account | Yes |
| ☪️Islamic Account | Yes |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅Pros | ❌Cons |
| Very low minimum deposit starting at USD 10 | Not regulated by MAS, offshore license only |
| Wide range of trading platforms and accounts | No SGD-based accounts, conversion fees may apply |
| CopyFX is simple and transparent to use | High leverage could increase risk for beginners |
| Large choice of assets including crypto | Customer support less responsive than top-tier brokers |
| Frequent deposit bonuses and promotions | Copy trading results depend heavily on chosen trader |
Frequently Asked Questions
1. Is RoboForex CopyFX a good option for beginners in Singapore?
Yes. With deposits from USD 10 and a simple copy system, beginners can start small, explore strategies, and reduce their learning curve.
2. Can I deposit funds in Singapore dollars?
Yes. RoboForex accepts SGD deposits, but they are automatically converted into your account’s base currency like USD or EUR.
How to choose the best Copy Trading Brokers for Singapore
Choosing the best copy trading broker in Singapore is about more than just picking a popular name. It’s about finding a platform that fits your trading goals, comfort level, and budget. With so many brokers available, each offering different features, regulations, and costs, knowing what to look for will save time, reduce risk, and boost confidence. By following clear steps, Singapore traders can make smart choices and enjoy a safer, smoother copy trading experience.
Step 1: Check Regulation and Licensing
Always confirm the broker is regulated by respected authorities. Even if not MAS-regulated, strong global regulators like ASIC and FCA ensure your funds are protected and trading conditions are transparent. Security should be the first box you tick.
Step 2: Explore Copy Trading Features
Look for platforms that make copying simple and transparent. A good broker will provide clear trader statistics, risk controls, and options to diversify. These features help you make informed choices when selecting whom to follow.
Step 3: Compare Costs and Spreads
Copy trading still involves fees, spreads, and sometimes commissions. Choose a broker that offers competitive pricing without hidden charges. Lower costs help ensure you keep more of your profits.
Step 4: Review Available Markets
A strong broker gives you access to multiple markets like forex, stocks, indices, and crypto. This flexibility allows you to copy diverse traders and balance your investment portfolio for safer growth.
Step 5: Test with a Demo Account
Start with a demo to practice copy trading without risk. It lets you explore the platform, understand features, and gain confidence before committing real money. This step is especially useful for beginners.
Step 6: Check Deposit and Withdrawal Options
For Singapore traders, it’s important that SGD deposits are accepted. Also ensure withdrawals are smooth and transparent. Easy funding makes your trading experience much more convenient and stress-free.
Advantages and Disadvantages of Copy Trade Accounts Brokers in Singapore
| 🟢 Advantages | 🔴 Disadvantages |
| Learn trading gradually by watching experienced investors make real moves and understanding how strategies work in live markets. | Success depends heavily on the trader you follow, meaning your profits or losses mirror their performance, good or bad. |
| Save time with automatic trade copying, ideal for busy Singaporeans balancing careers, families, and investing without monitoring charts constantly. | Limited control over decision-making, as copied trades execute automatically, leaving little room for adjusting strategies to personal preferences. |
| Access global financial markets like forex, stocks, and crypto without needing deep expertise or years of trading knowledge. | Hidden or performance-related fees may quietly reduce profits over time, especially when copying multiple traders across different platforms. |
| Diversify your portfolio easily by following multiple professional traders across different asset classes, spreading risks more effectively. | Market volatility can still impact copied trades, meaning risks remain present even when following highly experienced professional investors. |
| Build confidence as a beginner by starting small, copying trades, and gradually understanding how professional strategies achieve results. | Emotional reliance on others’ trading decisions may prevent you from developing independent trading skills and building your own confidence. |
Conclusion
Copy trading in Singapore offers a practical way for beginners and busy individuals to step into investing without overwhelming complexity. By mirroring skilled traders, locals can learn strategies, save time, and access global markets more confidently. However, risks remain, and choosing the right broker and trader is crucial.
With careful selection and realistic expectations, copy trading can become a powerful tool for growing wealth, building confidence, and diversifying portfolios in Singapore’s fast-moving financial landscape.
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Frequently Asked Questions
What is copy trading and how does it work?
Copy trading allows you to automatically replicate the trades of experienced investors. By linking your account to theirs, every buy or sell they execute is mirrored in your portfolio. It’s a hands-off way to trade while still gaining exposure to global markets.
What are the risks of copy trading in Singapore?
The biggest risk is following the wrong trader. If their strategies fail, your account mirrors the same losses. Markets are unpredictable, and even skilled investors face downturns. It’s crucial to diversify by following multiple traders, monitor results, and remember that no strategy guarantees constant profits.
Can beginners in Singapore start copy trading easily?
Absolutely. Copy trading is designed to be beginner-friendly. New traders can start small, watch experienced investors in action, and learn through real-time examples. This approach helps beginners gain confidence, pick up strategies, and avoid making decisions without guidance, all while gradually becoming more comfortable with trading platforms.
Is copy trading legal in Singapore?
Yes, copy trading is legal in Singapore, provided you use regulated brokers. The Monetary Authority of Singapore (MAS) oversees financial services, so always choose brokers that are well-regulated internationally. Staying with trusted providers ensures your trading activities remain safe, compliant, and aligned with Singapore’s financial rules.
What are the risks of copy trading?
Like all trading, copy trading involves risks, including market volatility and the potential for significant losses, especially if the strategy provider’s trades do not perform well.
What platforms support copy trading in Singapore?
Popular platforms include MetaTrader 4, MetaTrader 5, and proprietary platforms offered by various brokers.
How can I choose a good strategy provider to copy?
Evaluate strategy providers based on their historical performance, risk level, number of followers, and capital under management.
Do copy trading platforms offer educational resources?
Yes, many platforms provide educational resources such as webinars, tutorials, and market analysis to help users understand and improve their trading strategies.
Can I customize the trades I copy?
Some platforms allow customization, enabling traders to adjust trade sizes, set their own stop-loss and take-profit levels, and manage risk according to their preferences.
What should I look for in a copy trading broker?
Key factors include regulatory status, range of tradable instruments, fee structure, platform usability, and the availability of performance metrics and risk management tools
