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 Detail
alpari review Alpari
Min. Deposit: 20 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5
Regulation: SVG FSC, IFSC
1
Alpari Review
GO Markets
Min. Deposit: 200 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5, WebTrader
Regulation: ASIC, CySEC
2
GO Markets Review
IC Markets Review IC Markets
Min. Deposit: 200 US$
Max. Leverage: 1:500
Trading Platforms: cTrader, MT4, MT5
Regulation: ASIC, CySEC
3
IC Markets Review
Orbex Review Orbex
Min. Deposit: 200 US$
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4
Regulation: CySEC, MFSC
4
Orbex Review
Pepperstone review Pepperstone
Min. Deposit: 200 US$
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4, MT5, cTrader
Regulation: FCA, ASIC, DFSA, SCB, CMA
5
Pepperstone Review
FXCM review FXCM
Min. Deposit: 50 US$ | 300 GBP
Max. Leverage: 1:200 | 1:30
Trading Platforms: MT4, Trading Station, ZuluTrade, TradingView, Ninja Trader
Regulation: ASIC, FCA, FSCA
FXCM Review
ForexTime FXTM review FXTM
Min. Deposit: US$200
Max. Leverage: 1:30 | 1:200
Trading Platforms: MT4, MT5
Regulation: CySEC,FCA, FSCA
FXTM Review
OctaFX
Min. Deposit: 100 EUR
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT5, cTrader
Regulation: CySEC
OctaFX Review
TradeATF logo TradeATF
Min. Deposit: 100 US$
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4
Regulation: CySEC, IFSC
TradeATF Review
etoro_review eToro
Min. Deposit: US$200
Max. Leverage: 1:30
Trading Platforms: eToro Platform
Regulation: CySEC,FCA, ASIC
eToro Review