Who Are the Best eToro Traders to Copy in Australia?

Written by Wikitoro Team

Fact checked by Nick Zelver

Updated Mar, 2024

Identifying the best eToro traders to copy in Australia involves using the platform's Filter tool to refine your search based on specific criteria. By setting the Trader Status to "Popular Investor" and using the "Country" filter to select Australia, you can discover skilled local traders recognized within the eToro community. 

Setting the Scene

In the world of online trading, eToro's CopyTrader feature stands out, especially in Australia, for its unique approach to investment. It allows users to replicate the trades of others, making it a popular tool among Australian traders.

Here's the thing: A frequent query I encounter is about identifying the best Australian traders to copy. As an Australian resident myself, I've navigated this query firsthand and am well-placed to share insights relevant to fellow Australians.

Using CopyTrader Filter

My journey to find top-performing Aussie traders began on the CopyTrader screen, which initially offered some general recommendations. However, my focus was on local talent, leading me to utilize the platform's Filter tool. This feature enabled me to conduct a more targeted search, with parameters like time period, trader status, return, risk score, copy AUM, number of copiers, allocation, and active weeks.

My personal preference leaned towards traders with the "Popular Investor" status. I suggest that you select this option as this indicates a level of recognition and trust within this social investment network. 

To further refine my search, I used the Advanced filter and selected the "Country" option to specifically view eToro Australia traders. This narrowed down the list significantly, revealing a more focused group of skilled local investors. I've compiled a list of my top picks based on this search:

Below is a graph to compare their performance from the years 2019 to 2022. Take note that some users have started only trading one or two years ago, so their graphs for the years 2019 and 2020 are empty.

In summary, while the eToro copy trading feature offers a broad range of options, focusing on specific criteria like location and trader status can lead to more tailored and potentially rewarding copying experiences.

And please remember: These insights are based on my personal experiences and should not be taken as financial advice.

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply. Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.