Copy trading is a form of social trading where investors or Traders can automatically Copy the trades executed by other more experienced traders. In essence, it allows less experienced traders to replicate the trading strategies of more successful and seasoned traders, often referred to as "signal providers" or "masters", without actively engaging in the trading process themselves.

In this article, we will look at the 10 best Copy Trading Brokers in Malaysia and what they offer that makes them good copy traders.

1. Avatrade Offers An Excellent Copy-Trading Platform

AvaTrade is a well-known online broker that offers a copy-trading platform called "AvaSocial." AvaSocial is AvaTrade's proprietary copy trading platform that allows users to connect with other traders, share trading ideas, and automatically replicate trades of successful traders.

2. Octa Is The Copy Trading Broker With The Best Bonuses

Octa regularly organises competitions and promotions for its Malaysian clientele, encompassing demo trading contests, first deposit bonuses, and cash prizes. Additionally, Octa hosts contests for traders with live accounts, with prizes ranging from cars, and laptops, to smartphones.

3. Tickmill Offers The Best Third-Party Copy-Trading Solutions

Tickmill supports Myfxbook AutoTrade and the Pelican Trading mobile trading app (iOS/Android) – two of the premier professional third-party copy-trading platforms that seamlessly integrate with MT4 and MT5. The Myfxbook AutoTrade solution is provided to Tickmill clients at no additional cost, with trading terms mirroring those of Tickmill’s Pro Account, albeit with 0.6 pips per side spread markup by Myfxbook.

4. IC Markets Is The Best Beginner-Friendly Broker

IC Markets is a user-friendly CFD broker catering to beginners, providing trading opportunities across a range of instruments, including Forex, commodities, indices, bonds, digital currencies, stocks, and futures. Moreover, it offers comprehensive educational resources and round-the-clock support to assist novice traders in getting started.

5. HFM Offers The Best Trading Account

Traders are presented with a selection of four account types, among which is the exclusive HFcopy account. This account type is accessible to both Strategy Providers and Followers who have enlisted in HFcopy. Strategy Providers can establish an HFcopy Account to expand their base of Followers and execute trades on their behalf, with a Performance Fee as compensation. Followers, on the other hand, remunerate Strategy Providers solely upon the success of their strategies.

6. Pepperstone Is The Best Copy-Trading ECN Broker

Pepperstone provides a range of powerful third-party copy trading systems for traders to select from, including MetaTrader Signals, Duplitrade, and Myfxbook. They are one of the best copy-trading ECN (Electronic Communication Network) Brokers.

7. Axi Is The Best Copy Trading Ecn On The MT4 Platform

Axi also provides a range of potent copy trading tools and trading signals, enabling traders to replicate trades utilising thousands of strategies on the MT4 platform. Axi extends support for Myfxbook, Zulutrade, and Duplitrade

8. Skilling Offers The Best Ctrader Copy Trading Account

The cTrader Platform is accessible through the Skilling cTrader Copy platform, where traders have the option to select from over 800 diverse strategies and providers for following and replicating. The extensive performance statistics provided enable thorough research into Strategy Providers, including their investment track record and performance results, along with an assessment of their trading style. This facilitates the identification of the strategy that best aligns with individual preferences and objectives.

9. Fusion Markets Offers 3 Copy Trading Platforms

In addition to an impressive array of market analysis resources, Fusion Markets provides not one, but three distinct copy-trading solutions.

Their proprietary Fusion+ copy trading platform is exclusively accessible within their proprietary trading platform. Additionally, they offer Duplitrade and Myfxbook Autotrade, which is renowned as one of the largest Forex social trading communities globally.

10. FP Markets Has The Best Metatrader Execution

FP Markets facilitates trading on both the MT4 and MT5 platforms. Alongside low latency and swift trade execution, the broker offers platform versions compatible with alternative operating systems, including iOS and Android. Within the MT4 platform, built-in copy trading functionality is available, along with an auto trading service via a third-party provider, Myfxbook Autotrade. FP Markets' recent expansion introduces a proprietary copy trading service, FP Markets Copy Trading.

In conclusion, there are several copy trading brokers that you can consider trading through in Malaysia. Always do a thorough comparison when looking for your ideal broker and look at things like regulation, available accounts, platforms offered, fees charged, and customer service.