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Social trading is one of the fastest growing trends in forex trading. New social trading networks are entering the forex market and new platforms with social elements are being developed and pushed out with rapid speed. Copy trading is the most successful aspect of all the new social trading techniques.

Broker Features Min Deposit EURUSD Spread  
Number One Broker ForexTime LogoYour capital is at risk US Clients: No Regulated: Yes

– Regulated by CySEC & FSB
– Over 400k Registered Accounts
– More than 250 Trading Instruments
– MT4, MT5 and Web Trader Platforms
– Full ECN Trading Model

$5ECN 0.1, Standard 0.7
AvaTrade LogoYour capital is at risk US Clients: No Regulated: Yes

40% New Member Bonus
– MIFID, ASIC, FSA & FSB regulated

$100Fixed
eToro LogoYour capital is at risk US Clients: No Regulated: Yes

– Minimum Deposit $200
– Copy Trading Platform
– FCA & CySEC Regulated

$2003 pips
City Index LogoYour capital is at risk US Clients: No Regulated: Yes

– FCA, NFA, CFTC, IIRO, FSA, CIMA, MAS, SFC Regulated
– City Index is well established and a trusted forex broker.

£100Varied
Z.com Trade LogoYour capital is at risk US Clients: No Regulated: Yes

– Well Established
– FCA Regulated

None0.6 pips (fixed)
Orbex LogoYour capital is at risk US Clients: No Regulated: Yes $5000.9 pip fixed on ECN
TradeFred LogoYour capital is at risk US Clients: No Regulated: Yes

– CySEC Regulated
– Covers more than 50 currency pairs

$2500.8 pips
CM Trading LogoYour capital is at risk US Clients: No Regulated: Yes

– FSB Regulated
– MetaTrader4 & Sirix platforms

$250from 2 pips
Pepperstone LogoYour capital is at risk US Clients: No Regulated: Yes

– $200 Min Deposit
– FCA & ASIC Authorized and Regulated
– Well established Australian broker

$2000.1 pips
Formax LogoYour capital is at risk US Clients: No Regulated: Yes

– FCA regulated
– CopyMaster social trading platform

$0From 0.2 pips
AxiTrader LogoYour capital is at risk US Clients: No Regulated: Yes $0Variable

    So what does it mean that a platform is social? Well, obviously it differs between different platforms but there are a few different traits that are common. The ability to interact socially is obviously one trait, several brokers offer the possibility to interact between traders. Another trait, and quite possibly the most interesting trait is the ability to see, follow and in the end copy trades of the most profitable traders on the platform. The ability to see and copy trades of more experienced traders is an effective way for newbie traders to learn the trading profession quicker than by traditional learning by reading articles and trying it out by themselves. It is also easier to see trends and learn effective trading strategies by following profitable traders. Copy trading has come to stay.