An eToro CopyTrader alternative
eToro CopyTrader is free to use, but you need $200 per trader you copy and your account must be at eToro. AlgoBars copy trading is also free to use, works across 334 brokers and 131 prop firms, lets you copy with your own risk limits, and includes PAMM and MAM accounts and the option to earn as a leader.
Last updated
Compared
Competitor figures from its own site and 2026 reviews, checked September 2026.
| eToro CopyTrader | AlgoBars | |
|---|---|---|
| Copy fee | None extra; trading costs apply | Free to use |
| Minimum | $200 per trader copied | None set by AlgoBars |
| Broker | eToro only | 334 brokers and 131 prop firms |
| Build your own bots | No | Yes |
Good to know
eToro is a regulated, beginner-friendly broker with a very large community of traders to copy.
Next steps
Everything you would pay for, free on AlgoBars
Here is what a copy trading trader gets on AlgoBars at $0, compared with paying for eToro CopyTrader.
| What you get | On AlgoBars |
|---|---|
| Copy trading | Unlimited copy trades, free |
| Share or sell your own strategies | Free to post on AlgoSocial |
| Strategies running 24/7 | Free on AlgoBars servers, with no VPS |
| Backtesting | Free and unlimited, on every account |
| Live trading | Free on 334 integrated brokers and 131 prop firms |
What actually costs money on AlgoBars
Every feature is free, on every account. No card. No trial. Nothing to cancel. Advanced AI tools are paid at compute cost, taken straight from your balance. Anything you write yourself, every backtest, every import and trading on integrated brokers stay free.
When eToro CopyTrader may still suit you
eToro is a regulated, beginner-friendly broker with a very large community of traders to copy.
Backtests you can trust
AlgoBars tests only use data from that moment. Orders fill on the next bar. So results show your rules, not hindsight. They show the raw price move, before spread and commission. You see how good the rules are on their own. Check each broker's spread with the broker spread map before going live.
Frequently asked questions
What is the minimum to copy on eToro?
$200 per trader.
Does AlgoBars copy trading work with my broker?
It works across 334 brokers and 131 prop firms.
What does eToro CopyTrader cost compared with AlgoBars?
eToro CopyTrader: $200 minimum per trader you copy, on an eToro account, as published when checked. AlgoBars: $0 for every platform feature, on every account.
Is AlgoBars really free?
Yes. Every platform feature is free on every account, with no card and no trial clock. There are no plans, tiers or credits to buy.
Does AlgoBars charge for backtesting?
No. Backtests are free and unlimited on every account, on any market and timeframe AlgoBars has data for. Walk-forward analysis and Monte Carlo simulation are free too.
When is eToro CopyTrader still a good choice?
eToro is a regulated, beginner-friendly broker with a very large community of traders to copy.
More answers
Sources
Competitor prices and terms change. They are shown as published when checked. Trading involves risk of loss.
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Every feature, free. No card. No catch.