We found 11 online brokers that are appropriate for Trading Social.
eToro is the worlds leading social trading platform.
Traditionally traders would have to send at least 4 - 5 years to get a good understanding of the financial markets before investing. This is still recommended but eToro with their online trading platform makes this more accessible by allowing traders to follow and copy the traders of other more succesfull and experienced traders on the eToro trading platform.
eToro has been a leader in the online trading fintech revolution that has been taking place over the last 5 years. eToro's CopyTrader system aims to give all retail trader the power to research successful traders that you may wish to copy. Set a trading budget that you are happy to invest with. With the click of a few parameters and buttons you can automatically copy the traders of your selected traders.
The top eToro people are of course eToros founders Ronen Assia, Yoni Assia and David Ring.
The eToro platform has been downloaded over 12,000,000 times. eToro has 500 - 1000 employees.
There are many top traders on eToro who publically share their profile. Each trader specialises in specific assets so whatever time on trading you are into you will likely be able to find a like minded trader on the eToro platform.
eToro allow you to filter copyTraders by location, what market they invest in, percentage gain and duration of trades.
Because there are so many traders to choose from eToro give a few filtered options like 'Editors choice', 'Most Copied', 'Trending', 'Top Investors', 'Lower Risk Score' and 'Medium Risk Score'.
eToro try to make selecting a succesful trader as accessible as possible. You can filter traders by things like has picture, risk score, Daily DD, Return %, Verified, number of traders, profitable weeks, profitable months and number of active weeks.
FINRA recognizes that the eToro trading platform is earning People’s trust and follows all regulatory obligations give to eToro by major financial regulatory bodies like CySEC and the FCA.
Trading has become a competitive business in the recent years. All the trading platforms are making consistent efforts to offer enhanced features to their clients. eToro has been at the forfront of this and has consistantly improved their trading platform.
The objective of these new online trading platform is to grab the maximum clientele and this is why most of the trading platforms are making an effort to offer versatility in the financial assets and securities they offer to retail investors.
The aim of the eToro trading platform is to offer traditional tradable assets and crypto-assets. The benefit of this practice is so that traders can choose what best suits their needs.
At the same time, most platforms like eToro offer desktop and mobile interface for easy access.
Trading platforms who are a member of the Financial Industry Regulatory Authority hold more credibility. As a result, these platforms have experienced a notable trading volume increase.
As a rough estimate FINRA members achieved 200% trading volumes in just a matter of three months.
FINRA membership is worth it for the trading platforms. The reason is that FINRA members can easily get about 13 million users across the world. These users actively trade using the platform.
The exciting element is that FINRA members have experienced significant increase in the deposit amounts too.
There has been an increase of 300% in the deposit amounts for platforms like eToro. Well, this means that more and more people are inclined to opt for FINRA recognized trading platforms.
It is essential that the trading platforms should define a strategy to benefit from the increasing investors. They should make sure that they facilitate investors as best as possible.
Once the commissions and fees are coming in, the platform should use the money to enhance it’s features and technology.
At the same time, the platforms should try to offer improved customer support to the customers. They should be aware of the potential concerns of the investors.
The reason for this is the investors are the ones bringing in the money. They need to be content with the platform.
The trading platforms should also try to offer the demo account to the potential users for an extensive period.
The benefit of this practice is that the traders can get to know the real feel of the platform.
When the traders have the opportunity to explore the demo, they will have more trust in the FINRA members.
At the same time, it is crucial for the platform to maintain security of the transactions.
When users increase, then the system needs to be more organized. Specialized protocols should be utilized by the platform so that there is no security breach.
All these factors matter at the end of the day.
Once the traders get the best output, they will not be persuaded to switch trading platforms at any time.
Trading platforms should also conduct surveys to evaluate their performance. It is the best app.
If you are researching eToro make sure to read through the below eToro related guides. You will find something useful.
We've collected thousands of datapoints and written a guide to help you find the best eToro People for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best Social below. You can go straight to the broker list here.
There are a number of important factors to consider when picking an online Social trading brokerage.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
We compare these features to make it easier for you to make a more informed choice.
Here are the top Social.
Compare Social min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are Social. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Social that accept Social clients
Broker |
eToro
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IC Markets
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Pepperstone
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FXPrimus
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Axitrader
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Swissquote
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AvaTrade
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forexmart
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phoenixmarkets
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ezinvest
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ETX Capital
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Rating | |||||||||||
Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA) | Financial Conduct Authority (FCA) | Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI) | Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA) |
Min Deposit | 200 | 200 | 200 | 100 | No minimum deposit | 1000 | 250 | 1 | 500 | 500 | 100 |
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Used By | 17,000,000+ | 60,000+ | 10,000+ | 10,000+ | 10,000+ | 300,000+ | 200,000+ | 10,000+ | 10,000+ | 10,000+ | 10,000+ |
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Platforms | Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, Mac, ZuluTrade, Web Trader, Tablet & Mobile apps | MT4, MT5, ZuluTrade, Web Trader, Tablet & Mobile apps | MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps | MT4,WEB,desktop | MT4,mac,Android.iPhone/iPad | MT4,mac,Android.iPhone/iPad | MT4, Mac, Mirror Trader, Binary, Tablet & Mobile apps |
Support |
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Learn More |
Sign
Up with etoro |
Sign
Up with icmarkets |
Sign
Up with pepperstone |
Sign
Up with fxprimus |
Sign
Up with axitrader |
Sign
Up with swissquote |
Sign
Up with avatrade |
Sign
Up with forexmart |
Sign
Up with phoenixmarkets |
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Up with ezinvest |
Sign
Up with etxcapital |
Risk Warning | 71% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% 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 | Losses can exceed deposits | Losses can exceed deposits | Losses can exceed deposits | 79% of retail investor accounts lose money when trading CFDs with this provider | Your capital is at risk | Your capital is at risk | Your capital is at risk | Losses can exceed deposits |
Demo |
eToro Demo |
IC Markets Demo |
Pepperstone Demo |
FXPrimus Demo |
Axitrader Demo |
Swissquote Demo |
AvaTrade Demo |
ForexMart Demo |
Phoenix Markets Demo |
EZINVEST Demo |
ETX Capital Demo |
Excluded Countries | IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, US, PY, HN, GT, PR, NI, VG, AN, | AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA | BR, KR, IR, IQ, SY, JP, US | AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. | US, JP | US | BE, BR, KP, NZ, TR, US, CA, SG | BE, CA, IR, JP, KP, US, BA, ET, IQ, UG, VU, YE, AF, LA, TR, SY, IL | BE, CA, IR, JP, KP, US, BA, ET, IQ, UG, VU, YE, AF, LA, TR, SY, IL | US, BE, CA , SG, BE |
You can compare Social ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Social for 2021 article further below. You can see it now by clicking here
We have listed top Social below.