Editorial ranking

8 Best Crypto Exchanges for Copy Trading (2026)

Compare the best crypto exchanges for copy trading in 2026: how copying works, what lead traders keep, the fees you pay and how to limit your risk.

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The availability column checks each exchange's restricted-country list against your location.

On this page
2

Bitget

Spot fees (maker/taker)0.1% / 0.1%
Assets507
Max leverage125×
KYCRequired
  • World's largest copy trading platform
  • No extra charge for copying
  • Stop-loss limits on copied trades
Availability in your country
7.8CWR Score
Bonusup to 6,200 USDT
Cashback10%
Terms & how to claim
3

BloFin

Spot fees (maker/taker)0.1% / 0.1%
Assets243
Max leverage150×
KYCNo KYC
  • Simple copy setup: choose a trader and an amount
  • Bots show backtested results and risk levels
  • KYC optional
Availability in your country
8.8CWR Score
Bonusup to $5,000
Cashback10%
Terms & how to claim
4

Hyperliquid

Spot fees (maker/taker)0.04% / 0.07%
Assets316
Max leverage40×
KYCNo KYC
  • Every trade is on-chain, so leader records are public
  • Low futures fees from 0.015% for makers
  • No gas fees on trades
Availability in your country
5

Phemex

Spot fees (maker/taker)0.1% / 0.1%
Assets1,027
Max leverage100×
KYCNo KYC
  • Lead trader profiles show style and strategy
  • Futures makers pay 0.01%
  • Free bots plus a marketplace to copy setups
Availability in your country
6

Binance

Spot fees (maker/taker)0.1% / 0.1%
Assets507
Max leverage150×
KYCRequired
  • Deepest liquidity in crypto
  • Low futures fees with a BNB discount
  • Stop-loss, take-profit and trailing stop orders
Availability in your country
8

BingX

Spot fees (maker/taker)0.1% / 0.1%
Assets637
Max leverage150×
KYCRequired
  • Filter lead traders by ROI, APY and risk style
  • Minimum track record required to lead
  • Copy trading on spot and futures
Availability in your country

Every exchange in this ranking at a glance

ExchangeSpot assetscryptoFutures assetsSpot feesmaker/takerFutures feesmaker/takerMax leverageAvailability
1. BybitVisit 3805770.1% / 0.1%0.02% / 0.055%100×—
2. BitgetVisit 5074780.1% / 0.1%0.02% / 0.06%125×—
3. BloFinVisit 2434380.1% / 0.1%0.02% / 0.05%150×—
4. HyperliquidVisit 3161830.04% / 0.07%0.015% / 0.045%40×—
5. PhemexVisit 1,0278160.1% / 0.1%0.01% / 0.06%100×—
6. BinanceVisit 5075250.1% / 0.1%0.02% / 0.05%150×—
7. OKXVisit 2984850.2% / 0.35%0.02% / 0.05%125×—
8. BingXVisit 6375690.1% / 0.1%0.02% / 0.05%150×—

The your country column is checked live against each exchange's restricted-country list.

How copy trading works

Bybit is our top pick for people who want copy trading, trading bots and a large futures market in one account. Copy trading links part of your balance to an experienced trader, and their trades are then repeated in your account automatically, so you don’t have to place every order yourself.

Beyond the tools, three things decide how well it works for you. The first is what you can see about a lead trader before you copy them. The second is what you pay in trading fees and profit share. The third is how you cap your losses through copy amounts, stop losses and leverage. Most copying happens on futures, where leverage magnifies a lead trader’s mistakes as much as their wins.

1. Bybit

Bybit puts copy trading, trading bots and one of the busiest futures markets in one account, so you can follow other traders and automate a strategy without juggling platforms. Its grid bots buy and sell on the spot market by rules you set, and futures cover 577 coins, which gives the traders you follow plenty of markets to work with.

Futures trades cost 0.02% for makers and 0.055% for takers, low enough that frequent trading doesn't eat much of your return. Leverage reaches 100x on major coins but drops to between 10x and 75x on less popular ones, and take-profit and stop-loss orders let you cap what a position can lose. A demo account lets you practise before real money is at stake.

Spot trades cost 0.1% for makers and takers, you can deposit by card, Apple Pay, Google Pay, SEPA or bank transfer, and KYC is required. Bybit launched in 2018, is based in Dubai and is run by co-founder and CEO Ben Zhou. Hackers took over $1.5 billion from Bybit in February 2025, and although it restored all users' funds within 72 hours, the attack shows that any large balance left on an exchange is exposed.

Key points

  • Bybit combines copy trading, grid bots and a demo account with futures on 577 coins.
  • Futures cost 0.02% for makers and 0.055% for takers, and take-profit and stop-loss orders let you limit losses on open positions.
  • The main catch is the February 2025 hack of over $1.5 billion: users were repaid within 72 hours, but it is a reason not to keep more on the exchange than you are using.

What we like

  • Copy trading, grid bots and demo trading in one account
  • Futures from 0.02% for makers
  • Futures on 577 coins
  • Publishes proof of reserves
  • Wide choice of card and bank deposits

What holds it back

  • KYC required, so you can't trade anonymously
  • Suffered a very large hack, though users were repaid
  • Top leverage only applies to major coins, which limits some strategies

2. Bitget

The world's largest copy trading platform is Bitget, which gives you a big pool of lead traders to choose from. Copying costs nothing extra, but the traders you follow keep up to 15% of the profits they make for you, so a good run hands part of your gain back to them. Each trader has a cap on followers, so someone popular may be full when you try to join.

Stop-loss limits let you decide how much a copied trade can lose before it closes, which is your main protection when a lead trader has a bad stretch. Free bots cover grid, Martingale, CTA and Auto-Invest strategies on spot and futures. On futures, Bitget charges 0.02% to makers and 0.06% to takers, and leverage goes as high as 125x.

Bitget charges 0.1% on spot trades whether you add or take liquidity, funding options include bank cards and the Apple Pay and Google Pay wallets alongside SEPA and regular bank transfers, and you must verify your identity. Founded in 2018 and headquartered in Singapore, Bitget was co-founded by Sandra Lou together with Gracy Chen, its current CEO. On 25 September 2026 Bitget reported about $351.6 million moved without authorisation from its hot and warm wallets and paused withdrawals during the investigation. It says its user protection fund covers the loss, but you can't take money out until withdrawals reopen.

Key points

  • Bitget is the world's largest copy trading platform, and copying itself carries no extra charge.
  • Lead traders keep up to 15% of your profits, and stop-loss limits let you cap how much a copied trade can lose.
  • The main catch is the September 2026 wallet breach: withdrawals were paused during the investigation, so your money could be stuck for a while.

What we like

  • World's largest copy trading platform
  • No extra charge for copying
  • Stop-loss limits on copied trades
  • Free grid, Martingale and CTA bots
  • Publishes proof of reserves

What holds it back

  • Lead traders take a share of your profits
  • Popular traders can hit their follower cap, so you may not get your first choice
  • Withdrawals paused after a wallet breach, which can leave funds stuck
  • KYC required

3. BloFin

Copying on BloFin takes three steps: pick a master trader, set how much you want to put in, and every trade they place is repeated in your account in real time with the same returns. BloFin also has learning material on how copying works, which helps if you're new to it.

For automation there are AI, grid, signal, DCA and TWAP bots. Each one shows its backtested performance, profit range and risk level before you commit, so you can judge the downside first. BloFin's futures fees sit at 0.02% if you're the maker and 0.05% if you're the taker, leverage reaches 150x, and built-in take-profit, stop-loss and trailing stop orders put limits on open positions.

Both makers and takers pay 0.1% on BloFin spot trades, you can fund the account through Skrill, Neteller, SEPA, a bank card or the Apple Pay and Google Pay wallets, and KYC is optional, letting you withdraw up to $20,000 a day before you verify. BloFin dates from 2019, has its headquarters in the Cayman Islands, and its CEO, Matt Hu, is one of its co-founders. The exchange is relatively new and its market depth is moderate, so larger copied orders can fill at worse prices than on the biggest exchanges.

Key points

  • BloFin copies a master trader's trades into your account in real time once you set the amount to invest.
  • Its bots show backtested results and a risk level before you start, and futures cost 0.02% for makers and 0.05% for takers.
  • The main catch is moderate market depth, which can mean worse fills on bigger positions.

What we like

  • Simple copy setup: choose a trader and an amount
  • Bots show backtested results and risk levels
  • KYC optional
  • Futures leverage up to 150x
  • Publishes proof of reserves

What holds it back

  • Relatively new exchange with a shorter track record
  • Moderate liquidity, so large orders can slip
  • No withdrawal whitelist or withdrawal password to guard your account

4. Hyperliquid

Hyperliquid8.8/10Read reviewVisit

Instead of a copy trading tab, Hyperliquid uses vaults. A vault leader opens and closes positions, and you deposit into the vault to follow the strategy and share in its results. Every order, trade and liquidation is recorded on-chain, and trader performance and PnL are visible on a public stats dashboard, so you can check a leader's record for yourself.

Vault leaders take 10% of profits, and a separate community-owned HLP vault, which does market making and liquidations, charges no profit share. Money you add is locked for 4 days after your latest deposit, and withdrawing can involve slippage, so you can't pull out instantly if a leader starts losing. Hyperliquid's perpetuals charge 0.015% per maker order and 0.045% per taker order, with no gas fees, and its 40x leverage cap is lower than on every other exchange here, which limits how hard a leader can push.

Hyperliquid is a decentralised exchange, so you trade from your own Web3 wallet with no KYC. Deposits accept bank transfers, bank cards and the Google Pay and Apple Pay wallets, but withdrawals are crypto only. The platform went live in 2021, operates from Singapore, and has co-founder Jeff Yan at the helm as chief executive. Its blockchain is less tested than established networks and the Arbitrum bridge contracts could have flaws, so a bug or outage could cost you funds or stop you closing a position.

Key points

  • Hyperliquid's vaults let you follow a leader whose trades are all recorded on-chain.
  • Vault leaders take 10% of profits, and deposits are locked for 4 days after your latest one.
  • The main catch is technical risk: a young blockchain and bridge contracts that could fail and cost you funds.

What we like

  • Every trade is on-chain, so leader records are public
  • Low futures fees from 0.015% for makers
  • No gas fees on trades
  • No KYC, and you keep your own keys
  • Community HLP vault with no profit share

What holds it back

  • Vault deposits are locked for several days, so you can't exit quickly
  • Lower maximum leverage than the rest, which limits some strategies
  • No trading bots
  • Bridge and blockchain risks could cost you funds

5. Phemex

Before you copy anyone on Phemex, you can open the trader's profile and look at their trading style and strategy. That helps you avoid following someone whose approach doesn't fit how much risk you want to take. Top traders receive a 12% share of the profits they make for you.

Four free bots cover futures grid, futures Martingale, spot grid and signal trading, and the Bot Marketplace lets you copy other users' grid setups in one click. Phemex prices futures at 0.01% when you provide liquidity and 0.06% when you remove it, allows 100x leverage at most, and offers conditional orders so you can set exits in advance. Mock Trading gives you a virtual balance to practise futures before you use real money.

Phemex takes 0.1% per spot trade on both sides of the order book, and money goes in through SEPA, a debit or credit card, Google Pay or Apple Pay; Phemex made KYC mandatory for new users in 2026. Phemex opened in 2019, calls Singapore home, and one of its co-founders, Jack Tao, leads it as CEO. In January 2025 about $85 million in crypto was stolen from Phemex's hot wallets, so hold only what you're actively copying with there.

Key points

  • Phemex shows a lead trader's profile, style and strategy before you copy, and top traders take a 12% profit share.
  • Its Bot Marketplace lets you copy grid bot setups in one click, and futures makers pay just 0.01%.
  • The main catch is the January 2025 hot wallet hack, which is a reason to keep your balance there small.

What we like

  • Lead trader profiles show style and strategy
  • Futures makers pay 0.01%
  • Free bots plus a marketplace to copy setups
  • Mock Trading for practice
  • Publishes proof of reserves

What holds it back

  • Hot wallet hack in the past, so it's safer to keep balances small
  • KYC now mandatory for new users
  • Limited fiat support narrows how you can cash out

6. Binance

Binance8.9/10Read reviewVisit

Liquidity is Binance's biggest advantage for copy traders: its markets are the deepest in crypto, so copied orders can enter and exit without moving the price much. Copy trading and trading bots sit alongside futures on 525 coins.

Binance futures makers pay 0.02% and takers pay 0.05%, and paying in BNB with fee deduction switched on takes 10% off eligible USD-M futures fees. Stop-loss, take-profit and trailing stop orders help limit losses, but leverage reaches 150x, so check what the traders you follow actually use. A demo mode for spot and futures lets you test settings before real money is involved.

Binance spot trades cost 0.1% whether you make or take, you can pay in via P2P, Google Pay, SEPA, a bank transfer or a card, and you need to pass KYC to trade and withdraw. Binance was set up in 2017 with Changpeng Zhao among its co-founders, has its headquarters in the Cayman Islands, and today answers to CEO Richard Teng. The interface is built for experienced traders, so beginners can find the copy and futures settings harder to get right, which raises the chance of a costly mistake.

Key points

  • Binance has the deepest liquidity in crypto, which helps copied orders fill close to the expected price.
  • Futures cost 0.02% for makers and 0.05% for takers, with a BNB discount on eligible fees.
  • The main catch is a complex interface that makes setup mistakes more likely for beginners.

What we like

  • Deepest liquidity in crypto
  • Low futures fees with a BNB discount
  • Stop-loss, take-profit and trailing stop orders
  • Demo mode for spot and futures
  • Publishes proof of reserves

What holds it back

  • Not very beginner-friendly, so settings are easier to get wrong
  • KYC required
  • Can slow down in volatile markets, which hurts fast exits

7. OKX

Spot and futures traders can both be copied on OKX, and you can copy automated bot strategies as well as manual trades. Trades are mirrored automatically, so you can take part without watching the market all day.

You choose how much to put behind each trader, set risk limits and stop copying whenever you want, which keeps control of your losses in your hands. A maker order on OKX futures costs 0.02%, a taker order costs 0.05%, and you can use as much as 125x leverage. A demo mode lets you try your settings with virtual funds first.

KYC is required, and you can fund the account by card, bank transfer, SEPA or P2P. Since 2017, OKX has operated from Seychelles under Star Xu, who founded it and serves as CEO. Spot fees of 0.2% for makers and 0.35% for takers are higher than on any other exchange here, so copying an active spot trader will cost you noticeably more.

Key points

  • OKX lets you copy spot traders, futures traders and bot strategies.
  • You set the amount per trader and your risk limits, and you can stop copying at any time.
  • The main catch is spot fees of 0.35% for takers, which make frequent spot copying expensive.

What we like

  • Copy spot, futures and bot strategies
  • Set your own amounts and risk limits
  • Futures from 0.02% for makers
  • Demo mode with virtual funds
  • Publishes proof of reserves

What holds it back

  • Highest spot fees here, which adds up on active spot copying
  • KYC required
  • Complex for beginners, so setup takes longer

8. BingX

Filtering is where BingX helps most: you can sort spot and futures lead traders by ROI, APY, conservative style, rising stars or trending, which makes it easier to find someone whose risk level suits you. To become a lead trader, someone needs at least 30 days of trading and a 40% win rate over that period, which screens out complete newcomers.

The cost is steeper, though: lead traders take up to 20% of your profits, more than on Bitget, Phemex or Hyperliquid. BingX futures run at 0.02% in maker fees and 0.05% in taker fees, leverage stretches to 150x, and take-profit, stop-loss and trailing stop orders help cap losses. Grid bots run on spot and futures, and a demo mode uses virtual USDT for practice.

A single spot rate of 0.1% applies to makers and takers on BingX, you can add funds with Pix, a bank transfer or a card, and identity verification is required. BingX first opened in 2018 with Josh Lu as a co-founder; its base is in Singapore, and Vivien Lin now leads it as CEO. A BingX hot wallet was exploited for over $44 million in September 2024, and although customers were reimbursed from its reserves, it's a sign not to park idle money there.

Key points

  • BingX lets you filter lead traders by ROI, APY and conservative style on spot and futures.
  • Lead traders need 30 days of history and a 40% win rate, but they can take up to 20% of your profits.
  • The main catch is the September 2024 hot wallet exploit; customers were repaid, but it is a reason to keep your balance small.

What we like

  • Filter lead traders by ROI, APY and risk style
  • Minimum track record required to lead
  • Copy trading on spot and futures
  • Grid bots and demo trading
  • Publishes proof of reserves

What holds it back

  • Profit share of up to a fifth of your gains
  • Hot wallet exploit in the past, so it's safer to keep balances small
  • KYC required

How we ranked these exchanges

Our editorial team selected, tested and ranked the best crypto exchanges for copy trading. We focused on what matters when someone else is placing your trades. The order is an editorial judgment of the whole package, and the CWR Score on each card rates that exchange on its own, so an exchange placed lower can carry a higher score.

  • Copy trading tools: spot and futures copying, bot copying, and controls such as copy amounts and stop losses.
  • Lead trader information: what you can see about a trader’s record and style before you copy.
  • Costs: spot and futures trading fees plus any profit share taken by lead traders.
  • Futures access: how many coins have futures and how much leverage is available.
  • Security record: past hacks, how users were treated afterwards, and proof of reserves.

How to choose a trader to copy

Picking the right trader matters more than picking the right exchange.

  • Look past recent profit. A short hot streak tells you little, so favour a long track record and check the biggest drawdown the trader has suffered. BingX lets you filter for conservative traders and only accepts lead traders with at least 30 days of history.
  • Check their leverage. A trader using very high leverage can wipe out a copied position in one bad move. If their returns depend on maximum leverage, expect big swings in your balance too.
  • Start small. Put a modest amount behind a new trader and add more only after they’ve performed well with your money. OKX lets you set the amount per trader and stop copying at any time.
  • Set a stop loss or copy limit. Decide in advance how much you’re willing to lose on a trader. Bitget offers stop-loss limits on copied trades, and OKX lets you set risk limits.
  • Watch fees and profit share. Lead traders take a cut of your gains: 10% on Hyperliquid vaults, 12% on Phemex, up to 15% on Bitget and up to 20% on BingX. Hyperliquid also locks vault deposits for 4 days, so factor that into how quickly you might want out.

Bottom line

Bybit is the strongest all-round choice, with copy trading, bots, demo trading and a deep futures market under one account. Bitget is the pick if you want the largest pool of lead traders and no extra charge for copying. BloFin suits people who prefer optional KYC and bots that show their risk up front. Hyperliquid is for those who want every trade on-chain and are comfortable with a decentralised exchange. Whichever you choose, start small, cap your losses, and remember that the profit share and trading fees come out of every gain.

Questions

Frequently asked

Usually you pay normal trading fees plus a share of any profit to the trader you copy. On Bitget copying itself carries no extra charge, but lead traders keep up to 15% of your profits. Phemex top traders take 12%, BingX lead traders up to 20%, and Hyperliquid vault leaders 10%.

Yes. You copy a trader's losses as well as their wins, and leverage on futures makes both bigger. Use stop losses, set a sensible copy amount and check the leverage a trader uses before you follow them.

Both are possible. OKX and BingX let you copy lead traders on spot and futures, and OKX can also copy automated bot strategies.

On most exchanges here, yes. BloFin makes KYC optional, and Hyperliquid is a decentralised exchange where you trade from your own wallet without KYC. Phemex made KYC mandatory for new users in 2026.

Yes. Every exchange here offers demo trading with virtual funds, so you can test settings such as leverage and stop losses before risking money.

Several have. Bybit lost over $1.5 billion in February 2025 and restored users' funds within 72 hours. Phemex had about $85 million stolen from hot wallets in January 2025. BingX reimbursed customers after a hot wallet exploit in September 2024. Bitget paused withdrawals after reporting about $351.6 million in unauthorised transfers from its hot and warm wallets in September 2026. Keep only what you're actively using on any exchange.