Best Copy Trading Broker Australia 2026: ASIC Pick

Broker Audit, 2026

By Ken Chigbo, Founder, KenMacro, 18+ years across discretionary and systematic strategies, UK macro desk.

Find Ken on X @realkenchigbo · YouTube @Realkenchigbo · MACRO MASTERY Discord

Updated 2026-05-22

Why regulation comes first for Australian copy traders

Copy trading hands part of your decision-making to someone else, which makes the broker holding the money matter more, not less. An Australian trader has a real advantage here: ASIC is a genuine Tier-1 regulator that enforces segregated client funds and conduct rules, so an ASIC-regulated copy account keeps your capital protected at a local level. The trap is copying on a closed offshore platform with no Australian regulation and no real broker account underneath, where the convenience comes at the cost of protection. The desk’s first filter for an Australian copy trader is simple: copy on an ASIC-regulated broker, not a walled garden.

What Blueberry brings for Australians

Blueberry Markets fits the Australian copy trader cleanly. Its copy trading is native, through Blueberry Social, so you follow a strategy provider with one click while keeping a real MetaTrader or cTrader account underneath. It holds an ASIC authorisation, offers AUD base accounts so you are not paying conversion costs on every deposit, and its support desk is the feature reviewers rate highest, which matters when you are learning how a provider behaves. Funding is local and quick. One honest note: ASIC bans deposit bonuses, so an Australian Blueberry account carries no bonus, and that is a sign of the regulation working, not a drawback to chase elsewhere.

Blueberry against the alternatives Australians consider

The two alternatives most Australian copy traders weigh are eToro and pure offshore brokers. eToro is the famous social brand, but it is a closed platform with no MetaTrader, wider spreads and one to thirty leverage, so you give up a real broker account for the social experience. Pure offshore brokers offer higher leverage and bonuses but without the ASIC protection an Australian can have. Blueberry sits in the sweet spot for a local trader: a genuine ASIC broker with native copy trading, real platforms and transparent pricing. You keep the protection and the proper account, and still get the one-click copying.

How to copy sensibly from Australia

Regulation protects your money, but it does not pick good providers for you, so the discipline is still yours. Judge a strategy provider on their worst drawdown and how long they took to recover it, not on their best month or their headline return. Spread your capital across more than one provider so a single blow-up does not take your account with it, and start with an amount you can afford to lose while you learn how copying behaves through a losing run. Treated as a managed-risk allocation on a properly regulated broker, copy trading earns its place in an Australian portfolio. Treated as a hands-off way to stop thinking, it does not.

Frequently asked

What is the best copy trading broker in Australia?

The desk’s pick is Blueberry Markets, because it offers native copy trading through Blueberry Social on a genuinely ASIC-regulated account, with AUD base currency, MetaTrader and cTrader, and standout service, at a 100 dollar entry. For an Australian trader it pairs local Tier-1 regulation with real copy trading, which a closed platform like eToro or a pure offshore broker does not.

Is Blueberry Markets ASIC regulated?

Yes. Blueberry holds an Australian Financial Services Licence from ASIC through Blueberry Australia Pty Ltd, the Tier-1 Australian regulator, which enforces segregated client funds and conduct rules. It also runs offshore entities for international clients who want higher leverage, but Australian clients are served under the ASIC entity.

Does Blueberry Markets offer AUD accounts?

Yes, AUD is one of its base account currencies, alongside seven others. An AUD base account lets an Australian trader fund, trade and withdraw in dollars without paying a currency-conversion cost on every transaction, which is a real saving over a USD-only account for a local trader.

Is eToro or Blueberry better for Australian copy trading?

For most Australian traders who want a real broker account, Blueberry. eToro is the simpler social-first app but it is a closed platform with no MetaTrader, wider spreads and one to thirty leverage. Blueberry offers native copy trading on an ASIC-regulated MetaTrader and cTrader account with transparent pricing, so you keep a proper broker underneath the copying.

How much do you need to start copy trading in Australia?

Blueberry opens from a 100 dollar deposit, and the sensible approach is to start with an amount you can afford to lose while you learn how a provider behaves through a losing period. Because you still carry the risk of every copied trade, keep the starting size small enough that a bad run from one provider cannot threaten your wider finances.

KenMacro has commercial partnerships with one or more of the brokers referenced and may earn a commission if you open an account. Scores and rankings are editorial and independent of commission. Educational analysis only, not financial advice. Trading leveraged products carries a high risk of loss. Verify regulation by entity and current terms on the broker’s own site before funding any account.