Top Social Trading Platforms for 2025
We found 11 online brokers that are appropriate for Trading Social Trading Platforms.
Best Social Trading Platforms Guide
Analysis by Andrew Blumer, Updated Last updated – August 26, 2025
Social Trading Platforms
Social trading platforms are very similar to social networking platforms but focused on sharing trading ideas between people instead of sharing lunch photos or selfies. Over the last five years the global social trading platform market has expanded from roughly USD 5.8 billion in 2020 to USD 8.81 billion in 2024, and is projected to reach USD 9.46 billion by 2025. During that period, leading providers such as eToro grew registered users from about 20 million in early 2020 to over 40 million by May 2025.
In the financial market, social trading means collaborative trading with the benefit of watching trading strategies of other traders and replicating trades through features like mirror trading and copy trading. At the same time, the overall online trading platform market rose from USD 7.5 billion in 2020 to USD 10.15 billion in 2024 and is forecast to reach USD 10.82 billion in 2025. For example, Robinhoods funded accounts climbed to 26.5 million in Q2 2025, a 10 percent year over year increase.
How Social Trading Platforms Work
On social trading platforms you can place live orders either by following the real time recommendations of top ranked experts or by subscribing to peer generated strategy feeds. For example, on eToro you might join a Popular Investors CopyPortfolios: a thematic basket of positions managed by seasoned strategists. Ive personally mirrored a Forex specialist who publishes daily insights and charges a 5 percent performance fee; his model trades minor currency pairs with tight stop loss orders, and over six months I saw a 14 percent gain while he absorbed any losses beyond my 2 percent risk cap.
Beginners gain hands on exposure by watching, in real time, how experienced traders adjust to market news. On ZuluTrade, signal providers are scored on historical volatility and average drawdown; I once followed a commodities trader whose risk score hovered around 3.2 and who delivered consistent 810 percent monthly returns. By allocating just 1 percent of my portfolio per trade, I learned position sizing, trailing stops and when to take profits all by observing their live entries and exits on the platforms interactive chart overlays.
Social Trading Platforms Comparison of Leading Platforms
eToro
eToro was the original social trading pioneer, launching its CopyTrading feature in 2010 and growing to become the largest community with over 40 million users by middle 2025. From my personal experience, it set the standard for integrating social interactions directly into the trading process: I remember discovering top ranked Popular Investors on the live feed and replicating their portfolios with a single click. As one of those Popular Investors explained in a community post, newcomers benefit from both transparency detailed analytics on win rates and drawdowns and incentives like eToros Popular Investor program, which rewarded me with quarterly bonuses when followers copied my strategies. While eToro doesnt support MetaTrader plugins, its native interface for sharing annotated charts, commenting on market moves and accessing built in CopyPortfolios makes it unmatched for anyone seeking a fully social trading environment.
IC Markets
IC Markets excels in lightning fast execution and ultra tight spreads but does not include an integrated social trading network. Traders seeking copy or mirror trading must rely on third party connectors such as cTrader Copy or Myfxbook AutoTrade. Without a native community feed or Popular Investor program, sourcing and evaluating signal providers requires external research.
RoboForex
RoboForex offers its own CopyFX service, enabling users to follow selected signal providers and share in their profits. While CopyFX supports both manual selection and automated mirroring, it lacks an in depth social feed or investor leaderboard. Community interaction is limited to provider statistics rather than real time chat or forums.
XTB
XTB focuses on educational content and research tools rather than social trading. Its xStation platform offers advanced charting and news feeds but does not provide copy or mirror trading functionality. Traders looking for peer driven strategies must export data for manual replication.
XM
XM delivers multiple account types and robust support yet lacks built in social trading features. There is no native copy trading service or community marketplace. Users interested in following other traders must use external PAMM or MAM providers through MetaTrader plugins.
Pepperstone
Pepperstone does not offer proprietary social trading but partners with Myfxbook AutoTrade and DupliTrade to enable copy and mirror trading. While these integrations provide access to ranked signal providers, Pepperstones own interface lacks a built in social news feed or performance leaderboard.
AvaTrade
AvaTrade features AvaSocial, a mobile app for real time signal sharing and chat. Users can follow top performers, copy individual trades or entire portfolios and view provider statistics within the app. AvaTrade does not support MetaTrader social plugins, so all community interaction occurs through AvaSocial or its web dashboard.
FP Markets
FP Markets emphasizes MetaTrader performance and raw execution but does not include native copy or mirror trading. Clients must configure MAM/PAMM accounts or third party services such as Signal Start. The platform does not offer an in house social community or curated signal provider ranking.
Mirror Trading Explained
From my experience, mirror trading means automatically replicating every single trade of an expert trader in your own account. I once mirrored a Euro Dollar specialist on a major platform; every time they entered or exited a position, my account did the samewith the only adjustment being my personal risk cap. Over three months I saw identical entry and exit timing, which taught me how professional traders time their stop loss and take profit orders without having to monitor the markets 24/7.
Copy Trading Explained
Ive found copy trading to be more flexible: you choose which signals to copy and how much capital to allocate. For example, I followed a commodities strategist who issued five discrete signals each week. I copied only the trades that fit my risk tolerance, assigning 2 percent of my portfolio per trade. This selective approach limited my exposure when the strategist had a rare losing streak in March, while still capturing their best gains.
Signal Provider Explained
In my journey I learned that a signal provider is the trader whose moves you follow. On platforms like ZuluTrade and NAGA, providers have detailed performance histories, risk ratings and user reviews. I always review at least six months of their past trades and read community feedback before choosing a provider, which has prevented me from following those with hidden drawdowns or poor communication.
Understanding Performance Fees
Performance fees are a percentage charged on the profits you make from copied trades. I once followed an FX trader who charged a 10 percent performance fee. When their strategy generated 15 percent in a month, my net gain was 13.5 percent after fees. Knowing exactly how those fees are calculated helped me compare net returns across multiple providers and avoid surprises at settlement.
Platform Selection Checklist Explained
Verify regulation and client fund segregation. I always check that the platform is regulated by authorities like the FCA or CySEC and that customer deposits are held in separate bank accounts. This safeguard has given me confidence that my funds remain protected even if the platform faces financial difficulties.
Compare spreads, overnight fees and performance charges. In practice, I ran a side by side trade on eToro and ZuluTrade over one week, noting that eToros EUR/USD spread averaged 0.9 pips versus ZuluTrades 0.7 pips but with higher overnight rollover costs. Breaking down these charges helped me choose the platform that minimized my total trading expenses.
Check minimum deposit and supported asset classes. I started with NAGA because its $10 minimum deposit let me test copy trading on both stocks and crypto without a large upfront commitment. Ensuring the assets I wanted to trade were available prevented disappointment after funding the account.
Evaluate risk controls such as stop loss caps and leaderboards. I use leaderboards to identify low volatility traders and always apply my own stop loss captypically 3 percent per trade. This dual approach has limited my worst monthly drawdown to under 4 percent, even during volatile news events.
Test user interface via demo account before committing. Before funding a live account, I open demos on two platforms and execute copy trades to compare ease of use, charting tools and speed of execution. This hands on testing revealed one platforms mobile app lagged during peak hours, steering me toward a more reliable alternative.
Can I lose more than I invest?
In my experience, regulated platforms offer negative balance protection that prevents losses exceeding your account balance. However, I still keep small buffer cash to avoid forced liquidations in extreme market movements.
How often should I rebalance?
I find that a monthly review strikes the right balance. Each month I assess which signal providers are underperforming or drifting outside my risk parameters, and I reallocate capital accordingly to maintain a diversified copy portfolio.
Does past performance predict future results?
Not reliably. Ive seen top performers suffer sudden drawdowns when market conditions shift. To mitigate this, I look for providers with consistent returns across at least two different market cycles, which has improved my long term outcomes.
Deeper Dive on Social Trading Fees and Costs
In my experience, spreads and performance fees have the largest impact on net returns. For instance, copying a trader on ZuluTrade with a 15 percent performance fee means that even if the strategy returns 20 percent in a month, your net gain will be closer to 17 percent before other charges. Beware of overnight financing and inactivity fees that can erode small accounts over time.
Social Trading Regulatory and Safety Considerations
All reputable platforms operate under strict regulation. eToro is regulated by the FCA in the UK and CySEC in Europe. ZuluTrade operates under MiFID II while NAGA holds a licence from the German regulator BaFin. Client funds are held in segregated accounts and many platforms offer negative balance protection.
Social Trading Risk Management Tools
I always set a custom stop loss and take profit when copying trades. Many platforms offer risk scores for each signal provider and allow you to cap the percent of your equity allocated per trader. Using these built in safeguards helped me limit a downside drawdown to under 5 percent during volatile periods earlier this year.
Social Trading User Experience and Interface Highlights
Mobile apps now feature real time chat rooms, customizable watchlists and one click copy buttons. In June 2025 Robinhood rolled out enhanced charting widgets and social feeds so that copying takes just two taps in their iOS app.
Social Trading Real World Case Studies
In March 2025 I followed a Forex strategist on eToro who returned 12 percent over three months while I risk managed at 3 percent per trade. In contrast, another traders high leverage crypto bets in January wiped out 8 percent of my account in a single weekreinforcing that past performance is not a guarantee.
Social Trading Recent Events and Examples
On May 8, 2025 eToro listed on NASDAQ, opening at 69.69 USD per share and valuing the company at 5.64 billion USD.
In June 2025 Robinhood introduced advanced chart overlays and extended its social copying features to European users following CES in Las Vegas.
In July 2025 eToro announced a global webinar series and plans to add 100 new instruments to its 24/5 trading window to meet growing market demand.
Social Trading Verdict and Next Steps
From my personal journey across multiple platforms I have learned that social trading can accelerate learning curves and unlock opportunities that solo trading often misses. When I mirrored expert strategies on eToro I saw how disciplined risk management and community insights combined to deliver steady gains. At the same time I experienced how higher fees on some copy services trimmed returns and how platforms without native social feeds required extra research to find reliable signal providers.
Overall I have come to appreciate platforms that balance regulation, transparency and interactive features. My most rewarding months came when I used a demo account to test copy trading on two providers, set strict stop loss caps and reviewed performance weekly. That routine shielded me from unexpected drawdowns while I built confidence in my own strategy adjustments.
In choosing a social trading platform I now look first for solid regulation, clear fee structures and a vibrant user community. I make it a habit to verify segregated client funds, compare overnight financing costs and ensure the minimum deposit aligns with my budget. By combining hands on testing with ongoing performance reviews I have turned social trading from a passive experiment into an active tool in my investing toolkit.
If you are starting out I recommend opening a small demo account on at least two platforms, following a couple of proven signal providers and keeping position sizes under two percent of your balance. As you gain experience you can gradually allocate more capital while maintaining monthly reviews of your copy portfolio. That approach allowed me to grow my account steadily without taking on unnecessary risk and it can guide you toward a successful social trading experience as well.
From my experience, social trading combines learning and earning effectively when you choose a well regulated, fee transparent platform and use the built in risk controls. Start with a demo account on two platforms, track performance for 30 days and then allocate real funds incrementally as confidence and skills grow. Always keep position sizes small and review your copy settings weekly to adapt to changing market conditions.
We have conducted extensive research and analysis on over multiple data points on Social Trading Platforms to present you with a comprehensive guide that can help you find the most suitable Social Trading Platforms. Below we shortlist what we think are the best social trading platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Social Trading Platforms.
Reputable Social Trading Platforms Checklist
Selecting a reliable and reputable online Social Trading Platforms trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Social Trading Platforms more confidently.
Selecting the right online Social Trading Platforms trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
- Ensure your chosen Social Trading Platforms broker has a solid track record of at least two years in the industry.
- Verify that the Social Trading Platforms broker has a customer support team of at least 15 members responsive to queries and concerns.
- Check if the Social Trading Platforms broker operates under the regulatory framework of a jurisdiction that can hold it accountable for any misconduct or resolve disputes fairly and impartially.
- Ensure that the Social Trading Platforms broker can process deposits and withdrawals within two to three days, which is crucial when you need to access your funds quickly.
- Look for Social Trading Platforms brokers with an international presence in multiple countries, offering its clients local seminars and training programs.
- Ensure the Social Trading Platforms broker can hire staff from diverse locations worldwide who can communicate fluently in your local language.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
Compare Key Features of Social Trading Platforms in Our Brokerage Comparison Table
When choosing a broker for social trading platforms trading, it's essential to compare the different options available to you. Our social trading platforms brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
- Minimum deposit requirement for opening an account with each social trading platforms broker.
- The funding methods available for social trading platforms with each broker.
- The types of instruments you can trade with each social trading platforms broker, such as forex, stocks, commodities, and indices.
- The trading platforms each social trading platforms broker provides, including their features, ease of use, and compatibility with your devices.
- The spread type (if applicable) for each social trading platforms broker affects the cost of trading.
- The level of customer support each social trading platforms broker offers, including their availability, responsiveness, and quality of service.
- Whether each social trading platforms broker offers Micro, Standard, VIP, or Islamic accounts to suit your trading style and preferences.
By comparing these essential features, you can choose a social trading platforms broker that best suits your needs and preferences for social trading platforms. Our social trading platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Top 15 Social Trading Platforms of 2025 compared
Here are the top Social Trading Platforms.
Compare social trading platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a social trading platforms broker, it's crucial to compare several factors to choose the right one for your social trading platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are social trading platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more social trading platforms that accept social trading platforms clients.
| Broker |
IC Markets
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eToro
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Pepperstone
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AvaTrade
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FP Markets
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FXPrimus
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forexmart
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coinbase
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binance
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Ayondo
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BlackBullmarkets
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| Regulation | Seychelles Financial Services Authority (FSA) (SD018) | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), 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 | Australian Securities and Investments Commission (ASIC) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA) | CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130) | VFSC (Vanuatu Financial Services Commission) (14595), CySEC (Cyprus Securities and Exchange Commission) (261/14) | Instant Trading EU Ltd CySEC (Cyprus Securities and Exchange Commission) (266/15), Finateqs Corp (137723) Belize | FCA Financial Conduct Authority (1003842) Coinbase Institutional (UK) Limited, Listed As Having A Money Transmitters License in various states in the USA | AMF (Autorité des Marchés Financiers, France) (E2022-037), OAM (Organismo Agenti e Mediatori, Italy) (PSV5), FIU (Financial Intelligence Unit, Lithuania) (305595206), Bank of Spain (D661), Polish Tax Administration (RDWW – 465), SFSA (Swedish Financial Supervisory Authority) (66822), AFSA (Astana Financial Services Authority, Kazakhstan), FSR (Financial Services Regulatory Authority, Abu Dhabi), CBB (Central Bank of Bahrain), VARA (Dubai Virtual Asset Regulatory Authority), AUSTRAC (Australian Transaction Reports and Analysis Centre) (100576141-001), FIU-IND (Financial Intelligence Unit - India), Bappebti (Indonesia) (001/BAPPEBTI/CP-AK/11/2019), JFSA (Japan Financial Services Agency) (Kanto Local Finance Bureau 00031), FSP (New Zealand Financial Service Providers Register) (FSP1003864), SEC (Securities and Exchange Commission, Thailand), SAT (Tax Administration Service, Mexico), CNAD (Comisión Nacional De Activos Digitales, El Salvador) (PSDA/001-2003), FSCA (Financial Sector Conduct Authority, South Africa) | BaFin (Federal Financial Supervisory Authority ) (145765) | FSA (Financial Services Authority, Seychelles) (SD045) |
| Min Deposit | 200 | 50 | No minimum deposit | 100 | 100 | 15 | 15 | 10 | No minimum deposit | 100 | No minimum deposit |
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| Used By | 200,000+ | 35,000,000+ | 400,000+ | 400,000+ | 200,000+ | 300,000+ | 10,000+ | 9,500,000+ | 200,000,000+ | 250,000+ | 10,000+ |
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| Platforms | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web | MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play) | WebTrader, MT4, MT5, cTrader, Mobile Apps, iOS (App Store), Android (Google Play) | Web Trading, MT4, Mobile Apps, iOS (App Store), Android (Google Play) | Platform APIs, Wallets, Payments, Node, Paymaster, Onchain Data, Staking, Product APIs, Advanced Trade, Exchange, Prime, Commerce, Apple App iOS, Android Google Play, Mobile Apps | Apple App iOS, Android Google Play, MacOS, Windows, Linux, Desktop | ActivTrader, Apple App iOS, Android Google Play, MT4, MT5, WebTrader | MT4 ,MT5, TradingView, Mobile Apps, iOS (App Store), Android (Google Play), cTrader, BlackBull CopyTrader, BlackBull Invest |
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| Learn More |
Sign
Up with icmarkets |
Sign
Up with etoro |
Sign
Up with pepperstone |
Sign
Up with avatrade |
Sign
Up with fpmarkets |
Sign
Up with fxprimus |
Sign
Up with forexmart |
Sign
Up with coinbase |
Sign
Up with binance |
Sign
Up with ayondo |
Sign
Up with blackbullmarkets |
| Risk Warning | Losses can exceed deposits | 61% of retail investor accounts lose money when trading CFDs with this provider. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Losses can exceed deposits | Your capital is at risk | Your capital is at risk | Your capital is at risk | Losses can exceed deposits | Your capital is at risk |
| Demo |
IC Markets Demo |
eToro Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
FXPrimus Demo |
ForexMart Demo |
Coinbase Demo |
Binance Demo |
Ayondo Demo |
BlackBull Markets Demo |
| Excluded Countries | US, IR, CA, NZ, JP | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, 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, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, AO, BR, HR, GL, IS, IM, JM, FM, MC, NG, SI, | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. | RU | RU | RU | US, CA | BE, CA, IR, JP, KP, US, BA, ET, IQ, UG, VU, YE, AF, LA, TR, SY, IL |
All Social trading platforms in more detail
You can compare Social Trading Platforms 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 Trading Platforms for 2025 article further below. You can see it now by clicking here
We have listed top Social trading platforms below.
Social Trading Platforms Table of Contents
- Social Trading Platforms Explained
- 6 Factors to Consider when Choosing Social Trading Platforms
- Are Your Social Trading Platforms Trusted And Established?
- Are The Social Trading Platforms World Leading?
- What are the Social Trading Platforms Commissions and Fees?
- What are the Social Trading Platforms Funding and Withdrawl Methods?
- Find Social Trading Platforms with Round-the-clock support?
- Make sure the Social Trading Platforms Offer Comprehensive Trader resources?
- Why Social Trading Platforms needs to be regulated?
- Social Trading Platforms FAQ
- What are the best Social trading platforms brokers?
- What is the best Social trading platform broker?
- Related Social Trading Platforms Reviews
- Related Social Trading Platforms Alternatives
- Related Social Trading Platforms Comparisons
Social Trading Platforms Explained
Trading volatile financial markets with Social Trading Platforms can be challenging, even for experienced traders. In addition to the online educational resources available, traders should consider the platform offered by Social Trading Platforms to ensure a successful trading experience.
Selecting Social Trading Platforms at the forefront of innovation and considered an industry leader is crucial. Doing so will ensure you are equipped with the tools and features to navigate volatile Social Trading Platforms markets effectively.
Reliability is key to gaining access to financial markets. Look for Social Trading Platforms that you can rely on to provide a stable and secure trading environment, allowing you to execute trades with Social Trading Platforms confidently.
6 Factors to Consider when Choosing Social Trading Platforms
Follow these five rules for selecting Social Trading Platforms that are right for you:
Are Your Social Trading Platforms Trusted And Established?
Search for a reputable Social Trading Platforms with a extensive proven track record for Social Trading Platms, enabling you to focus solely on implementing your trading strategy and navigating the markets with confidence. The top rated Social Trading Platforms broker is IC Markets. Established in 2007, and in operation for 18 years IC Markets have a head office in Australia.
IC Markets is regulated. This means IC Markets are supervised by and is checked for conduct by Seychelles Financial Services Authority (FSA) (SD018) regulatory bodies.
Another top rated broker is eToro.
eToro was established 2007, and in operation for 18 years eToro have a head office in Cyprus, UK.
eToro is regulated. This means eToro are supervised by and is checked for conduct by Seychelles Financial Services Authority (FSA) (SD018) regulatory bodies.
| Broker |
IC Markets
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eToro
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Pepperstone
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AvaTrade
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FP Markets
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FXPrimus
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forexmart
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coinbase
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|---|---|---|---|---|---|---|---|---|
| Year Established | 2007 | 2007 | 2010 | 2006 | 2005 | 2009 | 2015 | 1989 |
| Head Office | Australia | Cyprus, UK | Australia | Ireland | Australia | Cyprus | Cyprus | United States |
| Regulation | Seychelles Financial Services Authority (FSA) (SD018) | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), 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 | Australian Securities and Investments Commission (ASIC) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA) | CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130) | VFSC (Vanuatu Financial Services Commission) (14595), CySEC (Cyprus Securities and Exchange Commission) (261/14) | Instant Trading EU Ltd CySEC (Cyprus Securities and Exchange Commission) (266/15), Finateqs Corp (137723) Belize | FCA Financial Conduct Authority (1003842) Coinbase Institutional (UK) Limited, Listed As Having A Money Transmitters License in various states in the USA |
| Used By | 200,000+ | 35,000,000+ | 400,000+ | 400,000+ | 200,000+ | 300,000+ | 10,000+ | 9,500,000+ |
| Negative balance protection | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No |
| Guaranteed Stop Loss | No | No | Yes | No | No | No | No | No |
| Learn More | Visit IC Markets | Visit eToro | Visit Pepperstone | Visit AvaTrade | Visit FP Markets | Visit FXPrimus | Visit ForexMart | Visit Coinbase |
| Risk Warning | Losses can exceed deposits | 61% of retail investor accounts lose money when trading CFDs with this provider. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Losses can exceed deposits | Your capital is at risk | Your capital is at risk |
Are The Social Trading Platforms World Leading?
Opt for Social Trading Platforms that set themselves apart as an industry leader by actively embracing innovation. Take IC Markets as an example, which is renowned for Segregates clients funds and boasts an extensive array of 2250 tradable instruments. Moreover, IC Markets caters to the needs of its clients with both an online trading platform and a mobile application, making it incredibly convenient to access the markets from anywhere, at any time.
In addition, the IC Markets platform enables access to a variety of financial markets worldwide. IC Markets is a world-leader when it comes to innovation and they are always looking at ways to improve and to maintain their competitive advantage.
Another good choice when looking for Social Trading Platforms is eToro. eToro Segregates clients funds and offers over 6000 instruments.
| Broker |
IC Markets
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eToro
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Pepperstone
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AvaTrade
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FP Markets
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FXPrimus
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forexmart
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coinbase
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|---|---|---|---|---|---|---|---|---|
| Instruments Available | 2250 | 6000 | 1200 | 1000 | 10000 | 130 | 150 | 540 |
| Platforms | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web | MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play) | WebTrader, MT4, MT5, cTrader, Mobile Apps, iOS (App Store), Android (Google Play) | Web Trading, MT4, Mobile Apps, iOS (App Store), Android (Google Play) | Platform APIs, Wallets, Payments, Node, Paymaster, Onchain Data, Staking, Product APIs, Advanced Trade, Exchange, Prime, Commerce, Apple App iOS, Android Google Play, Mobile Apps |
| Excluded Countries | US, IR, CA, NZ, JP | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, 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, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, AO, BR, HR, GL, IS, IM, JM, FM, MC, NG, SI, | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR,US, AU, SY, DZ, JP, EC. | RU | RU |
| Forex pairs offered | 61 | 50 | 70 | 55 | 70 | 45 | 100 | |
| Forex pairs offered | 61 | 50 | 70 | 55 | 70 | 45 | 100 | |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | No | No |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | No | No |
| Cryptocurrencies (availability subject to regulation) | Yes | Yes | Yes | Yes | Yes | No | Yes | Yes |
| Commodities Offered | 20 | 31 | 16 | 17 | 18 | 0 | 0 | 0 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No |
| Energies | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No |
| Agricultural | Yes | Yes | Yes | Yes | Yes | No | Yes | No |
| Stocks Offered | 2100 | 2042 | 1100 | 1000 | 10000 | 60 | 53 | |
| UK Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No |
| US Shares | Yes | Yes | Yes | Yes | Yes | Yes | No | No |
| German Shares | Yes | Yes | Yes | Yes | Yes | No | No | No |
| Japanese Shares | Yes | Yes | Yes | Yes | Yes | No | No | No |
What are the Social Trading Platforms Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated Social Trading Platforms broker IC Markets offers competitive offers for Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200.
Another top rated Social Trading Platforms broker eToro offers Social Trading, Stocks, Commodities, Indices, Forex (Currencies), CFDs, Cryptocurrency, Exchange Traded Funds (ETF), Index Based Funds. eToro minimum deposit is 50. Please note that any cryptocurrency availability with any broker is subject to regulation.
| Broker |
IC Markets
|
eToro
|
Pepperstone
|
AvaTrade
|
FP Markets
|
FXPrimus
|
forexmart
|
coinbase
|
|---|---|---|---|---|---|---|---|---|
| Min Deposit | 200 | 50 | 0 | 100 | 100 | 15 | 15 | 10 |
| Withdrawl Fees | No | Yes | No | No | No | No | No | Yes |
| Inactivity Fees | No | Yes | No | Yes | No | Yes | Yes | No |
| Deposit Fees | No | No | No | No | No | Varies | No | Yes |
| CFD Commission Fees | Yes | Yes | Yes | No | Yes | No | Yes |
What are the Social Trading Platforms Funding and Withdrawal Methods?
Efficient and hassle-free funding and withdrawal facilities can significantly improve your overall trading experience when dealing with Social Trading Platforms. It streamlines the trading process and helps you focus on making informed decisions rather than worrying about deposit and withdrawal matters with Social Trading Platforms.
| Broker |
IC Markets
|
eToro
|
Pepperstone
|
AvaTrade
|
FP Markets
|
FXPrimus
|
forexmart
|
coinbase
|
|---|---|---|---|---|---|---|---|---|
| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No |
| Paypal | Yes | Yes | Yes | Yes | Yes | No | No | No |
| Skrill | Yes | Yes | Yes | No | Yes | No | Yes | No |
| Payoneer | No | No | Yes | Yes | No | Yes | No | No |
| Neteller | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No |
Find Social Trading Platforms with Round-the-clock support?
Effective customer service is an essential factor to consider when dealing with Social Trading Platforms.
Social Trading Platforms customer service entails various support services to aid customers in making the most cost-effective and appropriate use of the brokers' services.
The customer support options offered by Social Trading Platforms can include phone answering services, live chat support, and email customer service support.
IC Markets support a wide range of languages including English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
eToro support a wide range of languages including English, German, Spanish, French, Italian
IC Markets and eToro offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
IC Markets
|
eToro
|
Pepperstone
|
AvaTrade
|
FP Markets
|
FXPrimus
|
forexmart
|
coinbase
|
|---|---|---|---|---|---|---|---|---|
| Support |
|
|
|
|
|
|
|
|
| Languages | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, German, Spanish, French, Italian | English, Spanish, Portuguese, Thai, Russian, Italian, French, German, Polish, Chinese, Vietnamese, and Arabic | Arabic, Simplified Chinese, Traditional Chinese, Dutch, English, Finnish, French, German, Hungarian, Italian, Indonesian, Japanese, Mongolian, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Malay, Korean and Turkish | English, Arabic, Indonesian, Italian, Spanish, French, Russian, Chinese, Japanese, German, Portuguese, Thai, French, Malay, Greek, Vietnamese, Romanian, Turkish, Slovenian, Dutch, Polish, Finnish, Norwegian, Swedish, Serbian, Lithuanian, Hungarian, Galician, Estonian, Danish, Czech, Croatian, Bulgarian, Basque | English, Spanish, Indonesian, Chinese, Thai, Vietnamese, Hungarian, and Malaysian | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian |
| Learn More | Visit IC Markets | Visit eToro | Visit Pepperstone | Visit AvaTrade | Visit FP Markets | Visit FXPrimus | Visit ForexMart | Visit Coinbase |
| Risk Warning | Losses can exceed deposits | 61% of retail investor accounts lose money when trading CFDs with this provider. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Losses can exceed deposits | Your capital is at risk | Your capital is at risk |
Make sure the Social Trading Platforms Offer Comprehensive Trader resources?
It's important to ensure your Social Trading Platforms provide complimentary resources such as analysis, education, and risk management tools. IC Markets and eToro collaborate with top analysts to bring the most up-to-date news and insights to traders.
Sound risk and money management are vital to financial market navigation with Social Trading Platforms. However, selecting the best broker to access the markets is a critical step that traders should not overlook as they embark on trading live financial markets with Social Trading Platforms.
Why Social Trading Platforms needs to be regulated?
Regulated Social Trading Platforms lowers your risk of loss of deposited trading funds.
Lowering your risk is one of the benefits of working with a properly regulated Social Trading Platforms.
Consumers are protected by Social Trading Platforms regulation, critical to preventing inadequate services and potential financial harm.
Regulation of Social Trading Platforms is necessary to prevent fraud. The Social Trading Platforms working capital and client-funded accounts must be kept separate to avoid conducting business with client funds. Any fraudulent behaviour with Social Trading Platforms is monitored by financial regulators in the jurisdictions brokers are allowed to operate.
Social Trading Platforms List
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading CentralCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 61% 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.
This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
Crypto investments are risky and highly volatile. Tax may apply. Understand the risks here.
Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
Funding methods
Bank transfer Credit Card PaypalPlatforms
eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, WebCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account Pro Account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
WebTrader, MT4, MT5, cTrader, Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trading, MT4, Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Platform APIs, Wallets, Payments, Node, Paymaster, Onchain Data, Staking, Product APIs, Advanced Trade, Exchange, Prime, Commerce, Apple App iOS, Android Google Play, Mobile AppsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Apple App iOS, Android Google Play, MacOS, Windows, Linux, DesktopCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
ActivTrader, Apple App iOS, Android Google Play, MT4, MT5, WebTraderCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4 ,MT5, TradingView, Mobile Apps, iOS (App Store), Android (Google Play), cTrader, BlackBull CopyTrader, BlackBull InvestCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Learn more
Losses can exceed deposits
Losses can exceed deposits