Comparison
A copy-trading platform built on verifiable records
Collective2, Darwinex and eToro proved people want to follow real strategies. Three things decide which platform to use. New to the idea? What copy trading is.
Who writes the record
The broker, not the creator.
A verified strategy’s trades are read from the account that placed them and sealed into a chain you can recompute. Elsewhere the record is what the platform, or the creator, says it is.
Recompute a chain →What a creator keeps of $29
After a 10% platform fee and card processing. Nothing to list.
After a 40 to 50% cut, before any listing fee.
What you see first
Drawdown, then return.
On every strategy, every time, with whether the money was real decided by the broker’s flag rather than the creator’s word. Returns-first pages exist to sell; this one exists to be checked.
See the board →Every broker-verified bot on the board is sealed every day, and any of them can trade your own brokerage account inside limits you set. See the board.
By name
Three established platforms on the three things that decide it. Each does its job; none lets you recompute its records, and on two of them your money sits with the platform rather than at your own broker.
Collective2
A strategy marketplace with AutoTrade into many brokers.
- Who writes the record
- Collective2's own platform tracks each strategy's orders; a manager can additionally link the account they trade.
- Where your money sits
- In your own brokerage account, through AutoTrade.
- Verify it yourself
- No public hash chain to recompute; the platform's record is the record.
Darwinex
A regulated broker that turns traders' accounts into investable products, its DARWINs.
- Who writes the record
- Darwinex itself, from trading on its own platform.
- Where your money sits
- At Darwinex, in the DARWINs you buy, with a performance fee on the profit.
- Verify it yourself
- No public hash chain; the broker's own statement is the record.
eToro
A broker with copy trading built in, its CopyTrader.
- Who writes the record
- eToro, from the trader's own eToro account; a risk score sits on every profile.
- Where your money sits
- In your eToro account. Copying itself is free, from $200 per trader; spreads apply.
- Verify it yourself
- No public hash chain; eToro's figures are the record.
As each platform describes itself in its own materials. If one has changed, the contact page is the place to say so.
Side by side
| TrueFills | Typical providers | |
|---|---|---|
| Who writes the record | ||
| Who writes the record | The broker. A verified record is read from the account. | The platform, or the creator. |
| Verify it yourself | ||
| Verify it yourself | Every entry hash-chained; recompute it in your browser. | Take the platform's word. |
| Funded or simulated | ||
| Funded or simulated | The broker's own flag, on every screen. | Whatever the creator says, if anything. |
| Risk shown first | ||
| Risk shown first | Drawdown before return, always. | Returns first; risk below the fold. |
| Cost to a creator | ||
| Cost to a creator | Free to list. 10% only once you charge. | Listing fees plus 40 to 50% of revenue. |
| Auto-execution limits | ||
| Auto-execution limits | Your allocation, a per-order cap, 15-minute expiry, 1.5% price guard. | Varies; often unstated. |
| Broker not supported | ||
| Broker not supported | A read-only key from the broker still verifies the account. | Unverifiable. |
| Simulated records for sale | ||
| Simulated records for sale | Allowed, labeled as simulated wherever money is asked for. | Allowed, often unlabeled. |
| Strategy API | ||
| Strategy API | One documented API, from day one. | Dated or partial. |