★ Best Forex & Crypto Traders To Copy & Follow | SocialTradingGuru.com

Best Traders to Copy and Follow for Forex, Crypto and mixed Asset Classes

The variety of traders, strategies and signal providers in the financial markets is similar to the starry night sky, one brighter than the other. Every social trading platform shows the bright light of potential profit or ROI, but once investors start seeking their lodestar, they struggle to make doubtless choice. What if the reason why investors get lost is that they don’t know the final destination, can’t plan the route and thus choose the guiding star? We at SocialTradingGuru decided to share our thinking process, how we review traders and why we consider them a good option to copy and follow. This article includes in-depth information on the best traders across eToro, ZuluTrade and Collective2 platforms, as well as several vital tips on how to choose best traders to follow for Forex, Crypto and mixed Asset Classes.

Before we dwell into the analysis, we need to have a quick look at those platforms to understand apparent differences. This comparison is short as we have individual Broker and Platform Reviews. eToro has a simple-to-use platform with top categories of traders, in-depth advanced search tool, as well as a quick search option based on four filters. The website looks like a social network; traders’ profiles include lots of statistics to analyse. However, several parameters are not on the surface; for example, investors need to read how eToro calculates a trader’s Risk Score. The main statistics page does not indicate the Profit/Risk Ratio (also called Win-to-Loss Ratio), and it could only be calculated for every asset separately. Another eToro’s weakness is that the platform allows US citizens to trade on Cryptocurrencies only. US investors cannot use forex copy trade, nor stocks and commodities. As eToro acts as Broker and platform provider there’s no option for choosing other brokers on eToro platform. However, eToro is still one of the most popular CFDs and forex copy trade platforms, giving easy access to beginners in the financial markets.

eToro Platform Back End

ZuluTrade has a different approach. The forex copy trade platform supports a wide variety of brokers regulated in Europe and offshore. Therefore, it’s restricted for US citizens but the company is working to find US-based broker which would provide access to the platform for US customers. Traders’ pages have informative graphs and diagrams showing detailed statistics, performance, strong and weak points so investors can get a quick outlook of any particular trader. However, maximum drawdown, for instance, is shown in pips or USD but not in a percentage relation to the account balance. So, investors will need to make several additional clicks and study the trading history to understand the level of possible damage for every lousy day in the past. Another ZuluTrade’s weakness is that the search tool does not allow separating traders by the asset class. So, if you wanted to identify traders who specialise in precious metals, for instance, you would need to scroll all the list of currency pairs to find XAU/USD (gold) and XAG/USD (silver). The rest of the advanced search tool is quite indicative and serviceable.

ZuluTrade Platform Back End

Collective2 focuses more on AutoTrading in major global stock exchanges. Available asset classes are stocks, options, futures and forex. Investors should make several steps to start working with the platform. First, open a trading account with one of the supported brokers, most of which are US based companies regulated by SEC, but some of them accept non-US customers, having the regulation by CySEC and MIFID. Second, pick an automated trading strategy, which is an algorithm or software but developed and managed by a human trader though. Third, set own restrictions and permissions to AutoTrading system and turn it on. The Collective2 Platform is keen on experienced investors as most of the strategies assume a particular volume of minimal investment; however, some algorithms were designed primarily for beginners with a moderate initial capital. An indicative spreadsheet represents strategies, can be sorted by any key parameter or filtered by any critical performance of best traders to follow. Detailed strategy’s description includes in-depth statistics, multi-level assessment data based on different correlation models, strategy description by its author and reviews by subscribers.

Collective2 Platform Back End

How to choose the best traders to follow on social trading platforms to suit your trading strategy

There is an awful lot of trading techniques in the financial markets. Although all of them have dozens of factors, analysis tools and prediction methods, three main types of trading strategies can be classified. Before describing each of them, we should remind that several key points have to be pre-determined. Investors should clearly understand their financial targets, accurately assess their investment capabilities including term limitations and distinctly identify risk appetite as well as be mentally prepared for possible losses as copy trading is a risky investment. Every single type of trading approach does not depend on asset classes as the nature of all financial instruments’ behaviour is the same, the difference becomes critical in terms of volatility, predictability, ROI and other secondary features.

Short-term intraday (scalping) trading strategy suggests a large number of entries in the market as well as a large number of assets in traders’ portfolio. Price fluctuations can be described and predicted by specific mathematical formulas as financial instruments always move with certain tendencies. Hence it’s possible to develop exact rules or precise algorithms and predict the likelihood of the price direction for the very short-term period. At the same time, strict limitations have to be implemented in the scope of profit/loss ratio and the percentage of winning decisions. The main idea is that if your trades had 51% (or more) of profitable outcomes while average profits exceeded average losses, then the total result would always be in plus in the long run. Most of the automated trading algorithms are based on scalping as human traders cannot be as fast as computers when it comes to 200 trading decisions to make in one single day, for example. Another feature of scalping is that the relation of every deal trading volume compared to the overall account balance has to be extremely low. Otherwise, potential damage from one mistake could be dramatic. Scalping is traditionally popular among retail investors with a relatively small initial capital and a fine choice of best forex traders to follow.

Day (swing) trading strategy is aimed to catch stronger trends (lasting 2-6 days) than scalping, even though traders could ignore some price fluctuations, allowing their positions to stay under the water for a while. Before investors decide to follow traders, they have to look at such performances. The number of entries is significantly lower, as well as the number of assets in traders’ portfolios. Swing traders spend 90% of their time on finding a market opportunity, calculating technical levels, analysing fundamental factors and events, picking the hottest and potentially most lucrative asset to pull the trigger, grab the crisp haul and get back into the shelter. The maximum trading volume percentage is traditionally more extensive than in the short-term technique; hence the requirement for account depth is logically higher as daily, weekly drawdowns could be extended. Swing traders should be patient and disciplined and fully trust their trading system.

The long-term (buy-and-hold) trading strategy is what equities investors usually do. The most successful one is Warren Buffet so far. The most lucrative long-term investments are traditionally in shares and stock indices. However, a reasonable and well-timed analysis of commodities or currency pairs might bring double-digit profits in several months given an additional factor of the leverage used in forex copy trade. Investors interested in this type of strategy should not even think about assessing current forex copy trade results in periods less than 3- or sometimes even 6-months. Therefore, the buy-and-hold strategy is not suitable for everyone.

Our selection of best copy traders worldwide

Before we start describing the strengths and weaknesses of the best traders to follow, we should explain how we made our selection, which parameters did we use in advance search. The list of selection criteria looks like this.

  1. Lowest risk. As long as most of the readers are beginners, the first and probably the primary goal is to avoid risks, even if potential profit would be lower than average. Beginners should consider getting a stable income first and avoiding sharp volatility of the account balance. After this target is achieved, investors could start thinking about expanding their portfolios of copy trade, aiming to increase potential profits. We filtered the best traders to follow with the following parameters:

– Daily, weekly and even monthly drawdowns.  When it comes to trading in the financial markets, it’s not about dealing with profits. It’s about how traders manage their losses. If a trader is capable of cutting current losing positions in time, if he can admit the mistake (we’re all human, wrong decisions happen) and fix it immediately whether with a tight stop-loss order or closing the deal manually, then investors should consider this trader as disciplined and clear-headed. However, if a trader allows his positions to dive deep under the water, hoping that the market will reverse and go into the right direction, then the drawdown might put investors’ account balance in danger of losing a significant part of the investment or even blow it up completely. Investors should choose traders with the lowest drawdown possible.

– Profit/loss ratio and the percentage of winning deals. That’s just pure mathematics. If you played coin flip with someone ready to pay you $2 when you win and takes only $1 when you lose, then the game would make sense as the likelihood of winning the coin flip is always 50%, while the reward/risk ration is in your favour. In the financial markets, speculators operate with probabilities, and if a trader’s average target (profit) is significantly higher than the average risk (loss), then he’s able to balance the ratio. However, if the average profit/loss ratio is less then 1:1, meaning that the trader puts more than $1 under the risk to win less than $1, then there’s no mathematical justification of such trading approach. Even 1.2:1 is good, while 2:1 (or higher) ratio would be perfect. Another critical factor is the percentage of profitable positions. The most useful range is 75-90%, while investors should not consider those traders who have 100% of winning deals as chances of getting trapped by a losing streak are higher in that case. The range of 80-85% would be perfect as it’s impossible to be 100% accurate in financial forecasts and predictions.

  1. Return. That’s exactly the reason why we are here, isn’t that? Traders with an annualised return of less than 10% should not be considered for copy trade as most of the financial instruments can bring much more than that. At the same time, there are lots of traders with a 12-months return of more than 100%. However, investors should realise that such an income often comes together with the risk of crashing whole account balance as this trading style suggests aggressive entries and potentially deep drawdowns. A moderate range of 25-60% would be the most attractive with the condition of matching the low-risk requirements. Other important factors are stability in terms of average monthly gains and the average number of profitable weeks/months ( more than 50%, while 75% is better). Sometimes traders face tough periods when markets are less predictable or too volatile without any clear direction. Thus, some monthly results might be harmful. That’s acceptable with the condition that losses should not be too broad and the number of consecutive losing months should not exceed 2 or 3 in a row.
  2. Asset classes. We highlighted three of them in this article: Crypto, Forex and mixed category. Cryptocurrencies are the most volatile assets to trade on and thus the riskiest ones. Forex copy trade is also dangerous due to the high leverage (100:1 usually but some brokers started to limit the leverage with 30:1, which is more conservative and less risky). However, currency pairs and CFDs for commodities are different, some of them are less volatile (EUR/USD, USD/CHF, Gold) and more predictable, while some are wild (exotic pairs and cross-rates with low trading volume). Equities and stock indices are among high-risk assets in the financial markets as well. Professional traders usually focus on a narrow range of assets to trade on, specialising in specific instruments. It’s difficult to analyse all of the markets at the same time, trying to be an expert in different sectors. Therefore, investors should follow traders who prefer trading on fewer assets rather than opening deals within all asset classes. At the same time, a reasonable and cautious portfolio might become a perfect hedge in turmoil periods. Again, the main point is the lowest risk.
  3. Trading strategy. We’ve described major trading strategy types above. Investors should have a look at the following data when considering forex copy trade.

– The average number of opened deals per day/week. This filter shows whether the trader shoots with a machine gun (enters the market too frequently) or prefers sniper rifle (spends much time for market analysis seeking an attractive opportunity).

– The average time of holding positions. If investors see that average position is usually held for less than one day, then the trader is keen on scalping or short-term trading. If the average holding time is in the range of 2-6 days, then we mean swing trading. The buy-and-hold trading strategy is long-term positioning.

eToro best forex traders to copy

eToro is a broker with own social trading platform thus there’s no choice of alternative supported brokers to trade with. Like any other copy trade platform, eToro has its own methods of performance calculations, so investors should pay attention to their additional explanations, which could be found on eToro blog.

eToro Forex trader – petas11

eToro Risk Score: 3 (out of 10) Max drawdown: -4.29% daily; -7.83% weekly 
Return (12-months): 31.21% Profitable trades: 93.16% 
Avg. profit: +5.46%; Avg. loss: -3.83% Trades per week: 2.17
Avg. holding time: 1 week Copiers: 598 (+166 last 7 days)

Best eToro Forex Traders

Luis Carlos Azevedo Ferreira (petas11) is eToro’s Rising Star Popular Investor as the number of his copiers grows continuously, while his AUM range is $300K-1M (the total volume of copy assets under management). He usually trades on conservative low-volatile currency pairs such as EUR/USD (the most massive volume-weighted pair in FX market) and EUR/GBP (the most popular cross-rate). Although Luis Carlos faced a tough period in 2014-2015, the change in his yearly return tells that he learned his lesson. That’s the experience money can’t buy. Petas11 managed to trade in the cash for the last six months in a row, which is quite impressive given the market’s conditions within the period. Maximum drawdowns, both daily and weekly, are acceptable, the profit/ratio is excellent (1.43:1), while the percentage of profitable positions is impressive. The description of the forex copy trade strategy shows that petas11 is conservative and clear-headed trader with personal points of view, investing a small part of the overall equity into one single deal. He fully understands that the market conditions are always different, which confirms his vast experience as he trades on eToro since 2013. The trading history shows that the trader can admit his mistakes and fix them immediately by cutting losses manually but not waiting for the drawdown to grow to a critical volume.

Best eToro Forex Traders - petas11

 

eToro Forex trader – berrau

eToro Risk Score: 4 (out of 10) Max drawdown: -2.41% daily; -3.62% weekly
Return (12-months): 16.18% Profitable trades: 83.00%
Avg. profit: +8.94%; Avg. loss: -19.16% Trades per week:2.08
Avg. holding time: 1 week Copiers: 1168 (+114 last 7 days)

Best eToro Forex Traders -berrau

Bernhard Rauch is an experienced German trader with a self-developed trading strategy focused on safety. Although the annualised return is just slightly higher than our minimum requirement, the number of profitable months in a row reached 9, which is quite impressive. That’s a brilliant example of doing slowly but surely. The growing number of his copiers shows berrau’s popularity due to stable results, while the tremendous number of his followers (people who consider his trading signals, entry and exit levels) reached 48104 eToro users. Bernhard trades quite rarely, considering opportunities very thoroughly and holds positions for one week on average. Thus, he is not twitching from one currency pair to another, trying to catch all waves, but he keeps the general line of trading decisions. Berrau is a quite disciplined trader with lowest drawdowns among best forex traders to follow. The only concern is his average profit/risk ratio, but the high percentage of valuable deals compensates it. The Australian dollar seems to be Bernhard’s favourite currency as 95% of his trades are focused on the AUDUSD currency pair, which makes him a narrow-niche expert.

eToro Forex Trader – OlivierDanvel

eToro Risk Score: 4 (out of 10) Max drawdown: -4.31% daily; -4.31% weekly
Return (12-months): 15.29% Profitable trades: 76.81%
Avg. profit: +15.91%; Avg. loss: -11.30% Trades per week: 1.92
Avg. holding time: 5.5 days Copiers: 2062 (+46 last 7 days)

Best eToro Forex Traders - OlivierDanvel

Olivier is a real sniper. He rarely shoots (23 trades in the last six months) but he hits the bull’s eye. Just have a look at his monthly performance starting from January 2017. That’s unbelievable 100% of profitable months.  eToro usually shows the risk score based on the latest 7-days performance, but if you looked at Olivier’s average risk score in 2018, you’d see a different picture (look at the second screenshot below). Olivier has more than ten years of experience in the FX market, according to his feed. He also indicated a couple of additional settings in copy stop value (CSL) to maximise his strategy’s efficiency. The trader targets 1% of net profit per month, providing low-risk stable performance. The number of his followers (14007) and copiers (2062 at the time of writing) confirms positive results, while his AUM range is $2M-5M, which is one of the most brilliant examples of active forex copy trade.

Best eToro Forex Traders - OlivierDanvel

eToro best crypto traders to copy

eToro Crypto Trader – JurajFabus

eToro Risk Score: 4 (out of 10) Max drawdown: -2.21% daily; -4.07% weekly 
Return (12-months): 11.47% Profitable trades: 90.00%
Avg. profit: +5.82%; Avg. loss: -8.22% Trades per week: 2.78
Avg. holding time: 3 weeks Copiers: 3 (+1 last 7 days)

Best eToro Forex Traders - JuraiFabus

Jurai is a Bitcoin trader from Slovakia, using a combination of up and down strategy based on cost averaging. The trading technique works well in sideways consolidation ranges, and Jurai’s choice underlines the fact that he understands the recent tough period of the crypto market. Although Jurai does not have a long-term track record, his trading decisions are conservative and reasonable, which confirms that he is one of the best crypto traders to follow on eToro. January was a tough month for Jurai’s strategy. However, he managed to limit losses despite the high level of volatility in cryptocurrencies. The platform shows Jurai’s 12-months return as +11.67%, but that result was made in 4 months only. Therefore, his annualised return might exceed 30% if he would be able to keep the trading discipline. JuraiFabus opes less than three trades per week but holds his positions for three weeks on average so investors should be patient when they follow traders of this kind. Despite the most severe asset class to trade on in terms of volatility, his drawdown level is more than acceptable. The most frequently traded asset is Bitcoin with incredible profit/loss ratio of 32:1 and 95.65% of decisions in green. Jurai also used to deal with Etherium, but he decided to focus on the most productive asset in his portfolio – Bitcoin – after Etherium’s plunge in February 2019.

Best eToro Forex Traders - JuraiFabus

eToro Crypto Trader – CryptosWithB66

eToro Risk Score: 5 (out of 10) Max drawdown: -6.07% daily; -6.89% weekly 
Return (12-months): 3.64% Profitable trades: 65.63%
Avg. profit: 22.38%; Avg. loss: -20.45% Trades per week: 1.33
Avg. holding time: 3.5 months Copiers: 46 (+0 last 7 days)

Best eToro Forex Traders - CryptosWithB66

Oliver Michel (CryptosWithB66) is a German crypto trader focusing on a long-term investment strategy aimed to search attractive entry points for five different coins and hold them 6 months, a year or more. That explains his modest current results as cryptocurrencies were vulnerable to a sort of uncertainty in the current trend. Therefore, it’s too early to assess Oliver’s return as he’s still holding long positions for a whole portfolio of crypto assets. eToro indicates 12-months return while a hypothetic modelling based on 7-months performance points to a potential outcome exceeding 10% per year. That’s in case if the crypto market remained at the same sideways consolidation range but not soared in the way as it did in the second half of 2017. Oliver’s weekly and daily drawdowns comply with our requirements for the lowest risk possible. Average profit/loss ratio is more than 1:1, while the number of profitable deals is reaching two thirds. CryptosWithB66 has 678 followers and 46 copiers on eToro, managing more than $300K of copy assets, which makes him one of the best crypto traders to follow on this social trading platform.

Best eToro Forex Traders - CryptosWithB66

eToro best mixed assets traders to copy

eToro Mixed Assets Trader – chocowin

eToro Risk Score: 5 (out of 10) Max drawdown: -8.30% daily; -12.00% weekly 
Return (12-months): 63.64% Profitable trades: 68.83%
Avg. profit: +6.60%; Avg. loss: -10.09% Trades per week: 10.98
Avg. holding time: 6.5 days Copiers: 2886 (+59 last 7 days)

Best eToro Forex Traders - chocowin

We could not avoid the most copied trader on eToro, even though we had to step off a bit from our risk requirements. Kanokpong Aroonroute (chocowin) is a swing trader from Thailand targeting net profit of 5% per month. Such a high level of target suggests an aggressive trading style and comparatively deep drawdowns. The monthly performance shows that chocowin’s losses might exceed 20% of the account balance in one single month. Therefore, investors should be ready to risk if they want to get a triple-digit yearly return. Chocowin made +185.40% profit in 2018, according to eToro (look at the screenshot below). His profit/risk ratio is below our requirement of 1:1 and the percentage of profitable deals is comparatively low, which could be easily explained by the full range of assets in his portfolio. Nevertheless, the controversial strategy did not stop almost three thousand people from investing more than $5M (AUM) in chocowin’s decisions.

Best eToro Forex Traders - chocowin

eToro Mixed Assets Trader kela-Leo

eToro Risk Score: 3 (out of 10) Max drawdown: -3.21% daily; -5.71% weekly 
Return (12-months): 12.89% Profitable trades: 86.71%
Avg. profit: +2.55%; Avg. loss: -9.26% Trades per week: 8.08
Avg. holding time: 4.5 days Copiers: 838 (+66 last 7 days)

Best eToro Forex Traders - kela-Leo

kela-Leo is a fund manager, head of quantitative trading team based in China. His trading approach is conservative, while he defines his account as more of a saving account rather than an investment account. The portfolio includes currencies (65.50%) and commodities (34.27%). kela-Leo is in the list of eToro editor’s choice to copy successful forex traders. The only concern we have regarding this trader is the lowest profit/risk ratio in our list (1:3.63). However, 86.71% of profitable positions compensate for that disadvantage. We looked at kela-Leo’s trading history and noticed that such an unfortunate result in profit’risk ratio is related to a series of unsuccessful deals with gold in January-February 2019, which had never repeated though, while the profitability growth was maintained. That example clearly illustrates the trader’s ability to make tough decisions without putting at risk the overall account balance, which makes him one of the best forex traders to follow.

Best eToro Forex Traders - kela-Leo

ZuluTrade best forex traders to copy

ZuluTrade is a forex copy trade platform with an extensive list of supported brokers, allowing investors to follow traders who trade from real and demo accounts. The social trading platform is in the process of expanding their footprint, promising to add stocks into the list of asset classes in the nearest future. ZuluTrade also has an intriguing section inviting crypto traders to join the community, although we struggled to find one so far. We’ll keep our readers updated on the platform’s development, so stay tuned. One more exclusive ZuluTrade’s feature is Traders’ Combos automatical algorithm designed to find a profitable combination of different trading strategies depending on investors’ risk appetite.

ZuluTrade Forex trader – DJXCapital

ZuluTrade Ranking: 3.6 (out of 5) Max drawdown: 4,024.5 pips ($2,794.10) 
Total Profit: 40,724.3 pips ($9,690.06) in 33 weeks ROI annualized: 85%
Profitable trades: 75% Max open trades: 140
Necessary minimum equity: $2,092 Investors: 522; Amount following: $1,080,030

Best ZuluTrade Forex Traders - DJXCapital

DJXCapital is a British trader with more than 10 years of experience in Forex trading. The strategy description says that an automated personally-developed Expert Advisor (EA) is used for trading decisions to enter the market, while all of the trading positions are monitored and closed manually by the trader. Such a combination of artificial intelligence and human ability to adapt to changing market conditions makes the trading system stable, which is confirmed by the general result. The presence of EA and a wide range of currency pairs in trader’s portfolio suggests that the technical analysis is used more than the fundamental one. The average trading volume of one position compared to the account balance is quite conservative; the maximum daily drawdown is acceptable, especially in the light of annualised ROI and total profit. DJXCapital opens trades quite frequently, while the average trade time is two days. That makes the trading strategy more focused on the short-term period as an average number of pips gained per one position is 21.4. DJXCapital has #30 in ZuluRank. Investors should consider having an excessive depth of the account balance or follow traders, as well as provide additional rules and settings for ZuluTrade Automator to lower potential risks.

Best ZuluTrade Forex Traders - DJXCapital

Best ZuluTrade Forex Traders - DJXCapital

ZuluTrade Forex trader – rydwaves

ZuluTrade Ranking: 4.1 (out of 5) Max drawdown: 2,379.1 pips (EUR6,521)
Total Profit: 24,541.3 pips (EUR29,227.92) in 120 weeks ROI annualized: 223%
Profitable trades: 72% Max open trades: 25
Necessary minimum equity: $591 Investors: 927; Amount following: $1,475,198

Rydwaves is a group of swing forex traders based in Spain, using the technical analysis for trading decisions with a focus on Elliott Waves and Fibonacci levels. The trading strategy has quite a wide range of currency pairs, and the trader does not put all eggs in one basket. The maximum number of open traders is limited to 25, while the average pips gain is 11.9.  It’s recommended to have an equity of $800 at least with the trade volume of 0.01 standard lot for every position, or $30,000 to copy all trader’s positions with 100% ratio and 100:1 leverage. Drawdown is moderate in relation to profits from closed positions; the only concerning period was noticed in September 2018 when the daily drawdown overshadowed total daily profit (red arrow on the screenshot below). Almost a thousand of investors copy the trader’s decision with the overall volume of nearly $1.5M. The second position in ZuluRank and Social Rating of 4.1 points make the trader one of the best forex traders to copy on ZuluTrade.

ZuluTrade Forex trader – MixzFXTrader

ZuluTrade Ranking: 3.9 (out of 5) Max drawdown: 1,158.7 pips (A$1,126.72)
Total Profit: 8,668.2 pips (A$179.80) in 49 weeks ROI annualized: 28%
Profitable trades: 79% Max open trades: 18
Necessary minimum equity: $300 Investors: 4,253; Amount following: $3,849,381

The number of investors and the volume of allocated funds speaks for itself. MixzFXTrader is number one in ZuluRank. Although the annualised ROI is comparatively low, the maximum drawdown is also at the lowest level in our list, which correspondents to our requirement of low-risk strategy. The trader focuses on GBP/USD currency pair only, which makes him an expert in the narrow niche as the percentage of winning deals is above average (79%). MixzFXTrader uses MT4 Expert Advisor with a tight trading volume requirements which makes the strategy applicable for retail investors with a small initial capital. What’s impressive is that the trader’s deals are 100% accurate in the first quarter of 2019. That’s an incredible performance given the British Pound’s volatility in the light of political factors within the period. One of the explanations is that the trader uses technical analysis only. A quick review of the trading history shows that the trader takes profits in time, but some positions stay under the water for quite a while. Therefore, investors should consider additional buffer in the account balance to be more flexible in terms of potential drawdowns.

Collective2 best forex strategies to copy

Collective2 is a social trading platform offering a wide range of automated trading strategies with different subscription fees and suggested minimal capital to follow traders. The visual representation is made in the form of a spreadsheet or database, allowing investors to find the best algorithms suitable for any investment strategy and financial goals. We were trying to stick to our lowest-risk requirement in the selection, however, some asset classes suggest a higher level of heart-attack index (yes, that’s one of the parameters to filter).

Collective2 best forex strategies – EURUSD Forex Profits

Max peak-to-valley drawdown: 9.0% Annual compounded return: 28.8%
Win trades: 86.2% Win months: 92.3%
Win-to-Loss Ratio: 14.4:1 Avg trades per week: 10.5
Avg trade duration: 7.2 hours Suggested minimal capital: $60,000
Popularity: 958 C2 Score: 92.7
Subscription fee: $29 per month

EURUSD Forex Profits automated trading strategy was created by a US-based trader with a record of more than 1300 trades in real-life brokerage accounts, according to the strategy description. Although the algorithm requires quite a large amount of suggested minimum capital, the peak-to-valley drawdown is one of the lowest in the list of C2 forex strategies. The trading history shows that the biggest equity slide (9.0%) was noticed in May 2018 and lasted one day only. The rest of the trading decision was made accurately (86.2%), while the only losing month on record was noticed in January 2019. Please note that the strategy performance is hypothetical and based on the past, while results might be different in the future. Nevertheless, comparatively low subscription price, a small number of daily trades, a short period in the market, and unbelievable Win-to-Loss Ratio make this strategy attractive for forex copy trade. The second screenshot below shows that Monte-Carlo Risk of Ruin model gives only a 1% chance of 10% account loss. The return is nearing 30% per year which is not bad given the lowest risk exposure.

Collective2 best forex strategies – TGTBT

Max peak-to-valley drawdown: 12.5% Annual compounded return: 28.2%
Win trades: 96.1% Win months: 92.3%
Win-to-Loss Ratio: 105.1:1 Avg trades per week: 1.17
Avg trade duration: 19 hours Suggested minimal capital: $10,000
Popularity: 833 C2 Score: 91.0
Subscription fee: $0 per month

Although the risk of losing 10% of the account balance is higher as per the previous forex copy trade strategy, the suggested minimum capital is significantly lower, while the Win-to-Loss Ratio is tremendous. C2 platform shows that the system is free of charge, but that has to be checked with the developer. The algorithm opens deals rarely; some of the months are inactive. Monthly profits are stable, losses are limited, while the number of winning deals is high. The range of currency pairs is not too wide in the strategy portfolio, which confirms that the author does not spread attention to many assets. Maximum drawdown is acceptable. The overall impression is mixed though due to dry periods. Investors might contact the trader to get a more detailed explanation about the reasons.

Collective2 best crypto strategies to copy

Collective2 best crypto strategies – Bitcoin Related

Max peak-to-valley drawdown: 18.4% Annual compounded return: 137.8%
Win trades: 52.5% Win months: 58.8%
Win-to-Loss Ratio: 12.4:1 Avg trades per week: 1.5
Avg trade duration: 4.9 days Suggested minimal capital: $80,000
Popularity: 599 C2 Score: 86.4
Subscription fee: $97 per month

The only regulated crypto asset is Bitcoin future contract traded on Chicago Mercantile Exchange (symbol @XBT..). C2 platform does not have a separate asset class for Crypto assets, but investors could find strategies by typing the symbol on the search window. Statistics tell that the most profitable period of Bitcoin Related trading strategy was noticed in the period of a crypto rush when coin prices flew sky high. Average monthly profit dropped though after the cryptomarket entered an uncertainty phase. The risk-factor is quite significant as chances to lose 10% of the account balance is reaching 30%, according to Monte-Carlo model. The algorithm also trades shares of crypto-related companies. Therefore, investors should make sure that their brokers support that kind of assets before considering best crypto traders to follow. Another disadvantage is that the percentage of winning deals is lower than the average, but the nature of crypto asset class explains that.

Collective2 best crypto strategies –  Cutting Edge

Max peak-to-valley drawdown: 16.4% Annual compounded return: 93.6%
Win trades: 46.0% Win months: 58.8%
Win-to-Loss Ratio: 2,2:1 Avg trades per week: 1.3
Avg trade duration: 4.9 days Suggested minimal capital: $60,000
Popularity: 718 C2 Score: 92.2
Subscription fee: $97 per month

Cutting Edge automated trading strategy is similar to the previous one, and it’s the only alternative crypto trading system in the C2 platform. Several parameters are even worse. For example, the average number of winning deals is less than 50% which raises lots of questions. The chance to lose 10% of the account balance is highest in our list, as well as the drawdown from the peak. Another concern is that the algorithm printed negative results 4 months in a row starting from October 2018. Nevertheless, the popularity is quite high, while the C2 score is even higher than for several other strategies in our list. The annual compounded return is nearing 100%, and that’s not a big surprise for experienced crypto investors.

Collective2 best mixed assets strategies to copy

Collective2 best mixed assets strategies –  PegasiCap

Max peak-to-valley drawdown: 4.4% Annual compounded return: 26.5%
Win trades: 56.9% Win months: 88.9%
Win-to-Loss Ratio: 2.4:1 Avg trades per week: 2.1
Avg trade duration: 4.4 hours Suggested minimal capital: $60,000
Popularity: 910 C2 Score: 89.1
Subscription fee: $200 per month

The PegasiCap strategy focuses on futures for stock indices (E-mini S&P 500 mainly). Although the duration of the strategy is less than a year, the average monthly return is in the green for 8 months out of 9 as the algorithm kept silence in January this year. The percentage of winning deals is also a concern, but that’s affordable as the win-to-loss ratio is excellent and the drawdown is at the lowest level among other strategies in our list. The platform gave a relatively low score to the algorithm, but that might be due to the short period since the first deal. The subscription fee is quite high compared to other algorithms.

Collective2 best mixed assets strategies – Tasty Plays

Max peak-to-valley drawdown: 9.7% Annual compounded return: 26.1%
Win trades: 85.1% Win months: 84.6%
Win-to-Loss Ratio: 4.0:1 Avg trades per week: 3.8
Avg trade duration: 36.7 days Suggested minimal capital: $35,000
Popularity: 804 C2 Score: 51.2
Subscription fee: $39 per month

Low subscription fee, small drawdown, robust 12-months performance, a high percentage of winning deals and 4.0:1 profit/loss ratio – these are the factors which made us interested in the Tasty Plays automated trading algorithm on the collective2 platform. The only concern is the monthly loss noticed in October 2018 (4.1%) which caused the maximum peak-to-valley drawdown of 9.7% and was rather long-lasting (12 calendar days). However, if investors looked at the average trade duration of 36.7 days, they would understand the reason why it happened. This system is a long-term buy-and-hold trading approach focusing on options. Therefore, it’s not suitable for everyone. However, the author of the algorithm, a professional chief analyst for a European financial institution, claims that investors with a smaller initial capital might also get rewarded. Strict risk and money management rules are used as well.

Disclaimer.

Please note that in no way should the following list of best traders to follow be considered as investment advice. It’s included here for educational purposes only. Past results are no guarantee of future returns. The inclusion of a trader/signals provider/trading algorithm in the “best to copy” list should not be seen as an endorsement of this trader. Using social trading networks or mirror trading platforms to copy other traders/strategies can be very risky. Never invest money you cannot afford to lose and always consult an independent financial advisor if you’re not sure whether this type of investing is for you.

 

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