Copy trading has emerged as a significant contributor to trading volumes for CFD brokers, accounting for 6% to 20% of their activity in recent years, according to Brokeree Solutions, a leading provider of copy trading technology. Brokers that have successfully integrated copy trading into their offerings and actively marketed the service have seen volumes from this feature reach 10% to 20% of their total trades in 2024.
However, Brokeree clarified that these figures represent aggregate trading volumes and do not reflect variations between different trading platforms.
Rising Adoption of Copy Trading by Brokers
While proprietary trading has gained popularity recently, copy trading remains a sought-after service among brokers and retail traders. In 2024, Brokeree recorded a 16% year-over-year increase in requests for its copy trading solutions, with over 50 brokers launching the service.
Copy trading enables users to replicate the trades of experienced investors, providing opportunities to profit alongside professional traders. Despite its growing popularity, Anton Sokolov, Marketing Manager at Brokeree Solutions, highlighted that regional differences significantly influence its effectiveness.
“Copy trading often performs better in specific regions,” Sokolov explained. “Clients who incorporate copy trading as part of their growth strategies for emerging markets achieve higher conversion rates compared to those who treat it as a simple add-on without a dedicated marketing plan.”
Interestingly, Brokeree noted that there was no direct correlation between market volatility and copy trading volumes. In some instances, periods of low volatility even resulted in increased trading activity driven by copy trading.
Growing Interest in Copy Trading Among Investors
Investor interest in copy trading has also been reflected in online search trends. Data compiled by Brokeree shows that Google searches for “copy trading” have grown by about 20% annually over the past four years, with average monthly search volumes doubling since late 2020.
The surge in search activity has been particularly strong in Central Europe and North America, while searches in Southeast Asia have declined. Regionally, South Asia ranked second in search volumes for “copy trading” in 2024, alongside North America and Latin America, while Central Europe led the pack. India, Eastern Europe, Africa, and the UK followed in subsequent positions.
A notable spike in search activity occurred in April 2024, with over 60,000 monthly searches for “copy trading” originating from Central Europe alone. However, the term “social trading” remains more popular in Oceania, where it attracts 60% more search volume than “copy trading.”
As interest in copy trading continues to grow globally, it remains a critical tool for brokers aiming to expand their offerings and attract a diverse range of traders.
