Exness vs FXTM — which is better for copy trading?
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- Cross-checked against broker-published fact sheets, regulator licensing databases, and ESMA product intervention notices.
- Reviewed by the FX-Brokers EU editorial desks (Markets, Platforms, Regulation). Desk structure disclosed at /about/editorial-desks.
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Broker mentioned in this answer
Exness
9.4/10Exness is a high-volume global broker with ultra-tight pricing and instant withdrawals. Holds CySEC and FCA licences but closed EU/EEA/UK retail onboarding in 2019 — available to non-EU residents only.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Related
Broker review: Exness
Exness is a high-volume global broker with ultra-tight pricing and instant withdrawals. Holds CySEC and FCA licences but closed EU/EEA/UK retail onboarding in 2019 — available to non-EU residents only.
Broker review: FXTM
FXTM (ForexTime) is an FCA (UK) and FSCA (South Africa) regulated broker established in 2011, offering three account tiers, structured education, and multilingual support. It surrendered its CySEC licence in 2024 and no longer serves EU retail clients.
What is copy trading and is it worth it?
Copy trading is a feature that lets you automatically mirror the trades of experienced traders in real time. It can work for passive investors who lack time to trade manually, but most copy trading accounts still lose money because copiers often chase recent winners and abandon strategies during drawdowns.
Does Pepperstone offer copy trading via DupliTrade or MyFXBook in 2026?
No. Pepperstone confirmed in April 2026 that it does not offer native copy trading and no longer integrates DupliTrade, MyFXBook AutoTrade or ZuluTrade for EU/UK clients. Clients seeking social or copy trading on a regulated EU broker should look at eToro (CySEC 109/10) for social copy or AvaTrade for ZuluTrade and DupliTrade integrations.
Is FXTM a safe broker in 2026?
FXTM is safe for retail clients. ForexTime UK Ltd is regulated by the FCA under licence 777911 and additionally holds an FSCA (South Africa) licence. CySEC licence 185/12 was voluntarily surrendered in 2024.