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.
Reviews of recommended Forex Brokers >> Forex Brokers to avoid >>
Safest Forex Brokers 2019
| Broker |
Features | Min Deposit | EURUSD Spread |
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 Your capital is at risk
US Clients: No Regulated : Yes
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– Regulated by CySEC & FSB
– Over 400k Registered Accounts
– More than 250 Trading Instruments
– MT4, MT5 and Web Trader Platforms
– Full ECN Trading Model |
$5 | ECN 0.1, Standard 0.7 |
|
 76% of CFD traders lose
US Clients: No Regulated : Yes
|
– Social Trading Platform
– FCA & CySEC Regulated
– Minimum Deposit $200
– Demo Account
– Real and CFD Cryptocurrencies
– Copy Trading
– 2000+ Instruments
|
$200 | 3 pips |
Sign
Up
76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
|
 Your capital is at risk
US Clients: No Regulated : Yes
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– 40% New Member Bonus
– MIFID, ASIC, FSA & FSCA regulated
– Free Online Trading Coach
|
$100 | Fixed |
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 72% of clients lose money. Capital at risk
US Clients: No Regulated : Yes
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– FCA, NFA, CFTC, IIRO, FSA, CIMA, MAS, SFC Regulated.
– Award winning platform.
– Beginner Friendly.
– Well established, safe and trusted.
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£100 | Varied |
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 Your capital is at risk
US Clients: No Regulated : Yes
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– FCA & ASIC Authorized and Regulated
– 24 Hour Support
– Negative Balance Protection
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$100 | 0.1 pips |
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 Your capital is at risk
US Clients: No Regulated : Yes
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– Minimum Deposit $250
– Leverage 1:200
– Dedicated Account Manager
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$250 | Fixed & Floating |
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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.