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CopyOp Review

  • Regulated by: CySEC
  • Safety: segregates client funds
  • Trust Rating: B
Open CopyOp's Website

Losses can exceed deposits. Your capital is at risk.

CopyOp two ways: Social Trading, Binary Options.

To open a live account, you’ll need a minimum deposit of at least $1. Alternatively, CopyOp offer a demo account that you can use to practice and familiarise yourself with their platform.

Regulated by CySEC (Licence: 187/12 ). CopyOp puts all client funds in a segregated bank account and uses tier-1 banks for this. CopyOp have been established since 2012, and have a head office in .

Before we dive into some of the more detailed aspects of CopyOp’s spreads, fees, platforms and trading features, you may want to open CopyOp‘s website in a new tab by clicking the button below in order to see the latest information directly from CopyOp.

Open a demo account Visit CopyOp

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.
Your capital is at risk.

CopyOp screenshot

PROS

  • Segeregates client funds
  • Established in 2012
  • Regulated by CySEC
  • Min. deposit from $1

CONS

What are CopyOp's spreads & fees?

Like most brokers, CopyOp take a fee from the spread, which is the difference between the buy and sell price of an instrument.

The spreads displayed below are based on the minimum fixed spreads listed on CopyOp’s website. The colour bars show how competitive CopyOp’s spreads are in comparison to other popular brokers featured on BrokerNotes.

CopyOp variable spread is not available. If you believe this is incorrect please fill in our form

Speads are dynamic and are for informational purposes only. Last updated: June 06, 2018.

As you can see, CopyOp's minimum spread for trading EUR/USD is pips - which is relatively low compared to average EUR/USD spread of 0.82 pips. Below is a breakdown of how much it would cost you to trade one lot of EUR/USD with CopyOp vs. similar brokers.

See all Spreads
Your capital is at risk.

How much does CopyOp charge to trade 1 lot of EUR/USD?

If you were to buy one standard lot of EUR/USD (100k units) with CopyOp at an exchange rate of 1.1719 and then sell it the next day at the same price you would likely pay $0. Here’s a rough breakdown of the fees and how this compares against Plus500 & AvaTrade.

CopyOp Plus500 AvaTrade
Spread from: $0.00 $6.00 $7.00
Typical overnight fee: $0.00 $9.40 $5.00
Commission: $0.00 $0.00 $0.00
Total cost of a 100k trade: $0 $15.4 $12
$15.40 more $12.00 more
Visit CopyOp Visit Plus500 Visit AvaTrade

All fees/prices are for informational purposes and are subject to change. Last updated: 09/03/2018. Your capital is at risk.

General Fees

  • CopyOp doesn’t charge inactivity fees*
  • CopyOp doesn’t charge withdrawal fees*

Commissions

  • CopyOp does charge commission on CFD shares

What can you trade with CopyOp?

FX / Currencies CopyOp Plus500 AvaTrade
# of forex pairs offered 61 59
Major forex pairs Yes Yes Yes
Minor forex pairs Yes Yes
Exotic forex pairs Yes Yes
Cryptocurrencies No Yes Yes
Commodity CFDs CopyOp Plus500 AvaTrade
# of commodities offered 17 16
Metals Yes Yes Yes
Energies Yes Yes Yes
Agricultural No Yes Yes
Indiced & Stock CFDs CopyOp Plus500 AvaTrade
# of Stocks offered 1816 99
UK Shares No Yes Yes
US Shares No Yes Yes
German Shares Yes Yes Yes
Japanese Shares Yes Yes Yes
See CopyOp's Instruments See Plus500's Instruments See AvaTrade's Instruments
Your capital is at risk.

What’s the CopyOp trading experience like?

1) Platforms and apps

CopyOp offer a user-friendly custom trading platform, available as both a downloadable program or as a broswer based WebTrader. If you are looking for a MetaTrader broker, see our comparison of MT4 brokers here

CopyOp Screenshot See CopyOp's Platforms

CopyOp also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you are on the move.

See CopyOp's platforms
Your capital is at risk.

Trading Features:

  • Low min deposit

Accounts offered:

  • Standard account

Still not sure?

Open a practice account & learn to trade

2) Executing Trades

With CopyOp, the minimum and maximum trade requirements vary depending on the trader and the instrument.

As a market maker CopyOp may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically have larger capital and minimum trade requirements. Market makers typically have lower minimum deposit, smaller minimum trades requirements and no commission on trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments. You can see the latest margin requirements on their website.

Finally, we’ve listed some of the popular funding methods that CopyOp offers its traders on the right.

Funding methods:

  • Credit cards
  • Bank Transfer
  • Skrill
  • Neteller

3) Client support

CopyOp support a wide range of languages including English, Spanish, Dutch, Italian and French

CopyOp have a BrokerNotes double AA support rating because CopyOp offer over three languages email and phone support.

4) What you’ll need to open an account with CopyOp

As CopyOp is regulated by CySEC, every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you’ll likely be asked for the following, so it’s good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You’ll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it’s best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore CopyOp’s platform straight away, it’s important to note that you won’t be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with CopyOp you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you’re prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.copyop.com/ on March 21, 2018.