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
ForexTime FXTM review FXTM
Min. Deposit: US$200
Max. Leverage: 1:30
Trading Platforms: MT4, MT5
Regulation: CySEC,FCA, IFSC, FSCA
FXTM Review
alpari review Alpari
Min. Deposit: 20 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5
Regulation: SVG FSC, IFSC
Alpari Review
etoro_review eToro
Min. Deposit: US$200
Max. Leverage: 1:30
Trading Platforms: eToro Platform
Regulation: CySEC,FCA, ASIC
eToro Review
IC Markets Review IC Markets
Min. Deposit: 200 US$
Max. Leverage: 1:500
Trading Platforms: cTrader, MT4, MT5
Regulation: ASIC
IC Markets Review
PhillipCapital UK Broker review PhillipCapital UK
Min. Deposit: 200 US$
Max. Leverage: 1:30
Trading Platforms: MT4
Regulation: FCA
PhillipCapital UK Review
FXCM review FXCM
Min. Deposit: 50 US$
Max. Leverage: 1:200
Trading Platforms: MT4, Trading Station
Regulation: ASIC, FCA
FXCM Review
Rakuten Securities Review Rakuten Securities
Min. Deposit: 50 US$
Max. Leverage: 1:400
Trading Platforms: MT4, Rakuten FX, ZuluTrade
Regulation: ASIC, SFC
Rakuten Securities Review
Dukascopy Review Dukascopy
Min. Deposit: 1,000 US$
Max. Leverage: 1:30
Trading Platforms: JForex, MT4
Regulation: FINMA
Dukascopy Review
Land FX Review Land FX
Min. Deposit: 300 US$
Max. Leverage: 1:30
Trading Platforms: MT4, MT5, Land FX MultiTerminal, ZuluTrade
Regulation: FCA, FSA
Land FX Review
CMTrading Review CMTrading
Min. Deposit: 250 US$
Max. Leverage: 1:200
Trading Platforms: MT4, Sirix
Regulation: FSB
CMTrading Review