MyFxBook AutoTrade forex brokers

 

AutoTrade was launched in the beginning of 2013 by MyFxBook, a UK-based provider of forex analytical tools and trading community portal. It is a platform, specialized in copy trading, also called auto/mirror trading, as well as copying signals.

 
As an automated social trade copying service, Myfxbook’s AutoTrade enables traders to track, compare, analyze and share their trading strategies. Unlike other auto trading platforms like eToro and Ayondo, Myfxbook doesn’t act as a broker itself and traders need to register with one of their partner brokers in order to use the platform. 
 
Unlike ZuluTrade, one of the oldest and most popular social trading platforms, Myfxbook doesn't allow demo traders to become signal providers.
 
AutoTrade service is free, as the provider Myfxbook requires no fees, however most partner brokers charge a small extra commission per trade executed in a client account from an AutoTrade system signal. Traders who are signal providers, on the other hand, get paid by Myfxbook 0.5 pips per winning trade on all investors subscribed to their system.
 
Currently it supports over 40 brokers and a number of trading platforms: cTrader, MetaTrader 4, MetaTrader 5, fxTrade/fxTrade Practice, FXCM Trading Station and Strategy Trader.


MyFxBook AutoTrade forex brokers

Broker Country Regulation Min.deposit Review
US, UK, Australia CFTC/NFA, FCA, ASIC $50 Review Website
Belize IFSC $100 Review Website
Cyprus CySEC $300 Review Website
Australia ASIC $200 Review
UK, Australia FCA, ASIC $1 Review
Dominica No $1 Review
UK, Australia FCA, ASIC $250 Review
Australia ASIC $100 Review
Cayman Islands CIMA $100 Review
Australia ASIC $200 Review
Australia, UK ASIC $1 Review
Switzerland FINMA $1 Review
St Vincent and the Grenadines No $10 Review
Cyprus CySec $500 Review
Review
UK, Seychelles FCA $25 Review
Cyprus CySec €1,000 Review
Cyprus CySEC $500 Review
Australia, New Zealand ASIC, FMA $100 Review
SVG $25 Review
New Zealand FMA $50 Review
Cyprus CySEC $250 Review
New Zealand FMA $200 Review
Australia ASIC $500 Review
Australia ASIC $500 Review
Cyprus CySEC $1000 Review
Cyprus CySec $100 Review
Panama, BVI N/A $500 Review
Belize IFSC $10 Review