This article addresses the Best Prop Firms for Copy/Social Trading Strategies. I focus on firms that enable traders to automate and manage multiple traders’ accounts simultaneously.
They are significant firms to start with for every skill level. Their automation tools and community infrastructure enable seamless, sustainable scalability. Their funding models offer flexible, automated, and community-driven growth.
Key Points & Best Prop Firms for Copy and Social Trading Strategies
| Prop Firm | Key Feature for Copy/Social Trading |
|---|---|
| The5ers | Offers social trading tools and multi-account management |
| MyForexFunds | Supports copy trading; fast scaling and low-cost entry |
| FundedNext | Enables copy trading; offers bi-weekly payouts and global trader community |
| E8 Funding | User-friendly dashboard; supports copy trading setups |
| Lux Trading Firm | Institutional-style funding; supports social trading platforms |
| SurgeTrader | No evaluation phase; copy trading permitted |
| Goat Funded Trader | Beginner-friendly; allows copy trading and fast funding |
| Blue Guardian | Copy trading enabled; Guardian Protector risk tool |
| Smart Prop Trader | Offers copy trading; transparent rules and fast scaling |
| Alpha Capital Group | Copy trading supported; strong community and educational resources |
10 Best Prop Firms for Copy and Social Trading Strategies
1. The5ers
The5ers is a globally recognized and highly regarded proprietary trading firm that offers traders funded accounts, prioritizing discipline and long-term, incremental growth.
It employs MetaTrader for traders, offering copy and social MetaTrader for users that will allow them to reflect winning strategies or manage numerous accounts simultaneously.
The firm is also an ideal one for traders that would like to scale ultimately because The5ers focuses on consistency and risk management.
Their evaluation systems are flexible, as they offer real capital growth rather than just passing evaluations or pretending to simulate trading.
In addition to offering copy trading tools, educational materials, and a vibrant community, we provide support for traders in their standard improvement.
Features The5ers
- Supports copy trading on MT4 and MT5 (MetaTrader platforms)
- Flexible funded offers all over the globe
- Focuses on maintaining consistency and risk
- Supports traders through educational material
2. MyForexFunds
MyForexFunds was a well-known prop firm in the industry and promoted rapid funding alongside evaluation models such as Rapid, Accelerated, and Classic.
They even offered copy trading through MT4 and MT5, which let traders automate the execution of their strategies to multiple accounts and replicate trading techniques.
Unfortunately, the firm engaged in fraudulent practices and collapsed, leaving traders thousands of dollars in losses.
What was once a thriving firm, offering copy trading and attracting thousands of users, now serves as a warning to the rest of the industry. Traders looking for the same features should turn to verified options instead.
Features MyForexFunds:
- Offered copy trading for MT4 and MT5 previously
- Provided multiple challenge models and rapid funding
- Low entry costs and profit splits were highly competitive
- Built a sizable community of retail traders
3. FundedNext
FundedNext enables copy trading with challenge accounts, but not with live accounts. Social Trader Tools, Duplikum, and other third-party copiers are also prohibited.
Risk management and self-performance are emphasized. Traders may copy trade with internal FundedNext tools but only within the defined parameters.
FundedNext provides up to $300,000 in capital per account upon request for linked accounts. FundedNext values fair competition and active solo participation in trading while discouraging collaborative group trading and trading signals.
This model is ideal for traders developing primary strategies, with the option for internal account management copy trading.
Features FundedNext
- Internal copy trading is permitted on challenge accounts
- Third-party copier tools are restricted for funded accounts
- Supports traders globally with bi-weekly payments
- Provides capital of $300K on multiple linked accounts
4. E8 Funding
E8 Funding is a technologically innovative, proprietary trading firm that provides traders with favorable profit-sharing and an accessible interface.
They also assist in creating automated copy-trading systems on MatchTrader and TradeLocker.
For automated traders or those using trade copiers, the ability to oversee several accounts and automate trade duplication is beneficial.
E8 Funding offers fully virtual capital while providing actual returns, and traders can scale their accounts to a maximum of $1 million.
It is a solid option fir traders wishing to balance copy trading with personal strategy development due to the flexible policies and quick assessments.
Features E8 Funding
- Has a straightforward dashboard and trade replication support
- Works with MatchTrader and TradeLocker
- Has rapid scaling and profit split structures
- Supports copy trading on multiple accounts simultaneously
5. Lux Trading Firm
Lux Trading Firm sponsors social trading platforms such as MatchTrader and MT4 and offers institutional-style funding. Its approach to compliance and professional development is unique.
With accounts balanced at $1 million, traders gain access to copy trading with realistic profit targets and drawdown limits.
Asserting education as the first step, Lux welcomes serious traders who wish to leverage copy trading within a bigger, more diversified trading approach, focusing on Long Format trading.
Its global exposure, complemented by partnerships with leading brokers, reinforces and adds to its global trust.
Features Lux Trading Firm
- Responsible institutional-style funding and high compliance
- Supports copy trading through MT4 and MatchTrader
- Customizes trader education and professional development
- Provides realistic limits on drawdown and profit objectives
6. SurgeTrader
SurgeTrader is a prop firm based in Florida that provides accelerated funding and a 90% profit split. It provides copy trading through MatchTrader, which allows traders to copy specific strategies or administer multiple accounts.
SurgeTrader allows clients to skip the evaluations and provides instant access to funded accounts which is a great bonus for novice traders and for those who are more seasoned.
SurgeTrader focuses on simplicity and execution speed when offering trading accounts. This is an excellent option for clients who want to use copy trading tools while retaining autonomy in their trading.
Features SurgeTrader
- Instant funding; no evaluation phase required
- Copy trading via MatchTrader and TradeLocker is permitted
- Flexible account sizes allow up to 90% profit splits
- Excellent for traders who favor speed and ease
7. Goat Funded Trader
Goat Funded Trader is beginner-friendly like copy trading on NinjaTrader and Tradovate. Users can use internal tools to replicate trades and manage multiple accounts simultaneously.
Goat offers instant funding without challenges, which is great for new traders. Goat is community-oriented, encouraging traders to learn from their peers.
Risk is greatly reduced by copy trading, making it perfect for steady growth. Automation and trade replication tools make it even easier.
Features Goat Funded Trader
- Beginner-friendly with instant funding access
- Supports copy trading via NinjaTrader and Tradovate
- Offers educational resources and community support
- Enables multi-account replication and automation tools
8. Blue Guardian
Blue Guardian recently reactivated the trade copier software for personal use, which permits traders to replicate trades on their own accounts.
They do not allow group trading or the use of external signal services to preserve a fair trading environment. The company provides profit splits of up to 90% which, along with instant payouts, attracts active traders.
Blue Guardian supports MatchTrader and TradeLocker, and the Guardian Protector tool assists with risk management.
For traders looking to engage in copy trading responsibly, Blue Guardian provides a well-organized and nurturing environment.
Features Blue Guardian
- Reinstated trade copier tools for personal us
- Prohibits group trading and use of external signal services
- Provides instant payouts and maintains elevated profit splits
- Includes Guardian Protector for risk management
9. Smart Prop Trader
Smart Prop Trader facilitates copy trading in NinjaTrader, enabling automatic replication across personal and prop accounts to maintain account consistency.
Automated compliance, risk management, and behavioral pattern monitoring via AI offer added security. Unlike other firms, Smart Trader Prop offers account management flexibility and strategy mirroring to assist within risk parameters.
Automated accounts offer the trader considerable control while providing transparency. The platform’s autopilot features and extensive support for trade copiers caters specifically to traders/ traders who embrace technology and are prepared for advanced adaptability.
Features Smart Prop Trader
- Integrate NinjaTrader for copy trading
- Implements AI to analyze trade strategy and performance
- Facilitates account replication across personal and prop accounts
- Promotes transparency and risk control
10. Alpha Capital Group
Alpha Capital Group has stringent verification policies in place for copy trading. For external accounts to be used as Masters for trade replication on Alpha accounts, traders are required to present account details along with investor credentials.
The company is compatible with MT5, DXTrade, and TradeLocker, and also provides up to $2 million in capital.
Alpha Capital Group is suitable for those looking to engage with copy trading in a regulated and organized framework.
For professional traders who need automation and increased volume, this is one of the best options available.
Features Alpha Capital Group
- Allows copy trading with verified external accounts
- Provides financing of as much as $2 million
- Works with MT5, DXTrade, and TradeLocker
- Emphasizes discipline, scalability, and compliance
Conclusion
In conclusion, Selecting a prop firm for copy and social trading relies on your objectives, the platform you prefer, and how much risk you’re willing to take.
FundedNext, E8 Funding, and The5ers are great options for sophisticated trade replication and account scaling automation.
No matter your level of experience, these firms can enhance your trading because of their adjustable account sizes, automation, and community.
FAQ
Copy trading allows traders to replicate the trades of other accounts automatically, often using platforms like MT4, MT5, or TradeLocker.
Top firms include FundedNext, E8 Funding, The5ers, Lux Trading Firm, and Blue Guardian, among others.
Yes, firms like Goat Funded Trader and SurgeTrader are beginner-friendly and support copy trading tools.
Some firms allow tools like Social Trader Tools or Duplikum, while others restrict them—always check the firm’s policy.
Policies vary: FundedNext allows it during challenges but restricts it in funded phases; others like E8 Funding permit it throughout.