Social Trading Forex Brokers

The Social Trading is an environment where interaction between the traders is an ongoing process with an aim to share knowledge with other traders. This service creates the community of traders and allows vast of opportunities to trade, copy or compare trading strategy while even traders with zero knowledge can trade on financial markets by replication of expert traders’ orders.

Social Trading trend is popular in recent years owing to the enhancement of trading activity as well as an attractive idea not to rely only on fundamental or technical analysis to form the decision but to share trading techniques.

  • Typically, Social Trading Platforms offering the selection of traders to follow, while considering the important parameters on providers evaluation.
  • Criteria involve a percentage of successful operation for every financial instrument traded and synchronization between the accounts.
  • Social Trading Brokers also bringing a platform that transforms into the mirror, copy and auto trading.

In fact, recently there are many platforms available, while most of them are almost the same feature with the major difference of trading community size. So, in simple words, Social Trading is the activity to learn which strategies work, which are not, to duplicate or become an expert while all brought by a very attractive cost, with the only payment as a small markup on the successful trades. Nevertheless, only well regulated and respected brokers provide a safe social trading environment and trading itself, otherwise, the risk of losing money is very high for the reason of simple manipulation.

Broker Regulation Detail User Reviews
etoro_review eToro CySEC,FCA, ASIC
Min. Deposit: US$200
Max. Leverage: 1:30
Trading Platforms: eToro Platform
0 Reviews eToro Review
IC Markets Review IC Markets ASIC
Min. Deposit: 200 US$
Max. Leverage: 1:500
Trading Platforms: cTrader, MT4, MT5
0 Reviews IC Markets Review
PhillipCapital UK Broker review PhillipCapital UK FCA
Min. Deposit: 200 US$
Max. Leverage: 1:30
Trading Platforms: MT4
0 Reviews PhillipCapital UK Review
FXCM review FXCM ASIC, FCA
Min. Deposit: 50 US$
Max. Leverage: 1:200
Trading Platforms: MT4, Trading Station
0 Reviews FXCM Review
Dukascopy Review Dukascopy FINMA
Min. Deposit: 1,000 US$
Max. Leverage: 1:200
Trading Platforms: JForex, MT4
0 Reviews Dukascopy Review
Land FX Review Land FX FCA, FSA
Min. Deposit: 300 US$
Max. Leverage: 1:500
Trading Platforms: MT4, Land FX MultiTerminal
0 Reviews Land FX Review
CMTrading Review CMTrading FSB
Min. Deposit: 250 US$
Max. Leverage: 1:200
Trading Platforms: MT4, Sirix
0 Reviews CMTrading Review
Rubix FX Review Rubix FX ASIC
Min. Deposit: 200 US$
Max. Leverage: 1:400
Trading Platforms: MT4
0 Reviews Rubix FX Review
Berndale Capital Review Berndale Capital ASIC
Min. Deposit: 25 US$
Max. Leverage: 1:500
Trading Platforms: MT4
0 Reviews Berndale Capital Review
Royal Financial Trading Review Royal Financial Trading ASIC, CySEC, CMA
Min. Deposit: 50 US$
Max. Leverage: 1:400
Trading Platforms: MT4
0 Reviews Royal Financial Trading Review