Pepperstone Copy Trade

Pepperstone Copy Trade | Is Copy Trading Available

Copy Trading At Pepperstone

Pepperstone is a CFD broker which is regulated by the both the FCA in the United Kingdom and the ASIC in Australia. Pepperstone is known as an ECN broker. What this means in practice is that it can offer high speed order processing and supports a wide range of trading styles such as automated trading with robots. Copy trading is selecting traders, typically their strategies or signals and having them copied into the trader's own account. All kinds of traders may wish to try this approach and there is normally a range of performance parameters associated with a signal to help the trader choose, but it should be noted that because a trader or their strategy performed well in the past does not mean they will continue to perform well.

Copy trading may be associated with non-ECN brokers, however Pepperstone does in fact support copy trading. FCA regulated Pepperstone allows the trader to connect their account with ZuluTrade. ZuluTrade is a third party platform dedicated to social and copy trading. Traders are ranked based on risk and ROI and traders choose which strategies to copy. Pepperstone UK also supports MetaTrader Signals. MetaTrader signals can available for a fee or in some cases may be free, but the idea is that the trader follows the signals and has these trades copied into their account.

Pepperstone ASIC regulated goes further and offers Myfxbook, Mirror Trader, RoboX and DupliTrade in addition to ZuluTrade and MetaTrader Signals.

Myfxbook's AutoTrade lets the trader copy trades of other traders. Mirror Trader allows the trader to automatically execute algos when they are added to the trader's account. DupliTrade automates trading via signals from propriatory (prop) traders which are executed in the trader's MT4 account and requires a minimum deposit of AUD$5000.

Which Pepperstone the trader will sign up with depends on where they are located. Whether the trader is signed up with Pepperstone UK or Pepperstone Australia, they can use ZuluTrade and MetaTrader Signals however.

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