Looking for Best Social Trading Platform or Social Trading Brokers? Not sure who is truly regulated and legit Broker offering social trading and best for you?

We provide answers to all the questions in this article. We researched and compared all Social Network trading platform offerings and check Brokers regulation status, spread & commission, trading platforms, time for deposit & withdrawal and many more findings.

What is Social Trading Platform

Social Trading definition is a way to trade and analyze markets via social media post trading platform also typically offering copy trading and replicating of trading strategy. It is great in Social trading platform learn to trade Stocks or social trading investment and social trading Stocks, Forex, Cryptocurrencies also social CFD trading platform for beginners or to verify the effectiveness of strategy. Check more Social Trading via Wikipedia.

Social Trading Platforms including some popular social trading platform ZuluTrade White label, DupliTrade, Myfxbook, social trading signal platform, MetaTrader and cTrader platform suites, and proprietary platforms like Social trading Broker eToro.

etoro Social Trading Platform
Social Trading Platform – eToro

Best Social Trading Platform Brokers

To select the Best Social Trading platforms we research and compare only well-Regulated and trusted Forex Brokers offering social trading either via proprietary platform or being a stoical trading provider. We review details of license, treading costs and spreads, deposits and withdrawals, education and customer service. Here is our List of Top Social trading Forex Brokers by category:

  • eToro – Best Proprietary Social Trading Platform & Network Overall   
  • AvaTrade – Best Social trading ZuluTrade Broker with Low spreads
  • Pepperstone – Best Trading Social on MT4
  • OANDA – Best Social Trading Apps

What makes a good Social Trading Broker?

You should check 4 points that makes broker a good Social Trading Forex Broker and Platform. Compare licenses, trading conditions and large social trading network, account offering and platform selection, lastly customer service.  

  • The Broker Must be licensed by the reputable authority like FCA in the UK or MAS in Singapore for traders funds safety
  • Offer Social trading either by proprietary software like eToro or Naga, or provide social trading platform like ZuluTrade with trading costs are low and desired platform is available
  • Provide good social trading network with numerous traders ranked and copy portfolios to diversify your portfolio
  • Run quality Customer Service to solve traders issues

Top Brokers Social Trading Review & List

Here we made a list of Best Social Trading Platform for Forex or other instruments and Broker Reviews available for global trader. In addition to the top 4 Social trading Brokers mentioned above here is List of Social Broker Comparison:

Forex BrokerSocial TradingWhy they are our top picksOur Review
eToroYeseToro Social Trading platform we rank as the best for Beginners and Overall. There are thousands (not hundreds – thousands) of top traders and copy trading portfolios for automated Forex Trading and investing with easy to use and navigate Web Platform eToro ranked the best for number top traders and transparency of trader’s performance.Visit eToro site

eToro Social trading review
NagaYesNaga is another promising social trading platform with large social trading network and community, should be good for Cryptocurrency social trading. Naga has great focus on market diversification and has its own cryptocoin.Visit Naga site
Naga Review
AvaTradeYesAvaTrade might be good choice for low spreads trading and best social trading platform for Forex. Traders can choose between ZuluTrade, DupliTrade or MetaTrader signals and numerous currency pairs, while costs are low 0.9 pips for EURUSD lower than industry average of 1.2 pipsVisit AvaTrade site

AvaTrade Review
PepperstoneYesPepperstone might be the best fit for social trading on MT4 or MT5 platforms. Pepperstone offers both platform and provides MetaTrader Signals with thousands of strategies and DupliTrade for MT4 with additional great range of tools like Smart Trader, AutoChartist and VPS.Visit Pepperstone site

Pepperstone review
FXCMYesFXCM can be the best for social micro trading. Working with ZuluTrade FXCM micro allows trading on micro lots plus you get great technical analysis and powerful platforms like TradeStation and NinjaTrader.Visit FXCM site  

FXCM Review
OANDAYesOANDA might have the best App Social Trading, OANDA App is easy to use and is packed with tools, social trading via ZuluTrade also suitable for beginners with great education materials and research, plus very wide range of instruments compared to other brokers.Visit OANDA site

OANDA review
IC MarketsYesIC Markets might be the best fit for signal providing social trading. You get great platform selection including MT4, MT5 and cTrader, Expert advisors, ZuluTrade and MQL5 provided with extra tools like Correlation Matrix, Chart Trading, PAMM and MAM accounts.Visit IC Markets site  

IC Markets Review

More on Social Trading

To get started with Social Trading Brokers it is better to navigate categories and select broker that offer your trading need also available at you region, also compare Forex Broker Reviews.

eToro vs ZuluTrade

The good thing in ZuluTrade that you can select among numerous brokers that are ZuluTrade providers and use trading conditions specified by the broker proposal while still accessing ZuluTrade social trading environment. Trading eToro you are limited to particular eToro proposal, however eToro is one of the best social and copy trading brokers with top number of traders.

What Social Trading Platform USA?

US Social Trading Platform and Social Trading USA available for Crypto social trading platform eToro, ZuluTrade US, also MQL5 website for signal providing or subscribe for social user trading platform membership in Trading Motion or Collective2.

Binary Options Social Trading

Binary Options being a risky trading instrument are banned by most regulations worldwide. However, Binary Options Social Trading are offered by offshore brokers like Binarymate Social Trading Platform or similar, also highly recommended to avoid due to lack of regulations and transparency.

Social Trading Australia Forex Brokers

For Australia brokers there are most offering MetaTrader Signals like Pepperstone, or Zulutrade like ThinkMarkets, also popular eToro is available for Australian traders too.

MT4 Social Trading Forex Brokers

MetaTrader4 is still among most popular trading platforms offered by many brokers worldwide. To select brokers offering MT4 platform follow the category Best MT4 Brokers or check HotForex or Swissquote offering ZuluTrade on MT4.

South Africa Social trading Forex Brokers

Brokers in South Africa and offer ZuluTrade including Pepperstone and HotForex, or eToro on proprietary social trading platform.  

Author of this review

By Jimmy O'Brien

Author of this review

Over 15 years experience in forex, commodities and equities markets research. He loves analyzing and trading the markets as a strategist and trader. In late 2019, Jimmy turned to researching and analyzing forex brokers. Now he and his team focus researching and comparing broker’s pros and cons.

Over 15 years experience in forex, commodities and equities markets research. He loves analyzing and trading the markets as a strategist and trader. In late 2019, Jimmy turned to researching and analyzing forex brokers. Now he and his team focus researching and comparing broker’s pros and cons.

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