Below is a list of the leading social trading networks mainly Forex, though some stocks, indices and commodities too. Our main focus is on Forex networks which offer both a social trading and community aspect, as well as autotrading capabilities. This is the functionality which allows investors to automatically copy or mirror the trades from other traders on the network in their own trading account.
This market is evolving very rapidly with new networks and solution providers trying to take a piece of the social trading market space, so expect this list to grow. Some companies may disappear as well. As we mentioned before, please read our full reviews of the major ones based on first hand investment experience , or try some of the key ones which offer social trading demo accounts list here. We also created a table which compares all the key features of the major social trading platforms and networks which may be useful too.
What is Myfxbook AutoTrade? What is InstaForex ForexCopy? What were … What was Currensee? What was FxPro SuperTrader? What was Signal Trader? What was Gallant Trade Copier? Top Social Trading Networks and Platforms Below is a list of the leading social trading networks mainly Forex, though some stocks, indices and commodities too. If you like this info, please share it to say thanks:.
Very much focussed at the novice investors eToro is both broker and social trading network. Much focus is given on education for novice investors with an easy to use mobile friendly interface, while a fully functioning demo is available as well. Our full eToro review is available here. Probably the largest global social trading network at the moment, both in terms of numbers of traders and investors.
Offers full trade copying supporting multiple brokers and social interaction capabilities with free fully functioning demo. Read our detailed ZuluTrade review here. Well established German based social trading network which is rapidly expanding throughout the rest of Europe.
Offers demo account and probably the widest range of trading instruments fx, stocks, indices, bonds, interest rates and commodities. Find our ayondo review here. Launched as a social trading community network in which allowed traders to share their trading activities, interact and get feedback from other traders. Free fully functioning demo is available and our hands-on Tradeo review is here.
Their innovative platform allows you to watch, follow and automatically copy successful binary option traders. The data you see on their website is all live, generated by real human traders performing real trades i.
Their platform is designed to be fun and user-friendly too. Read our in-depth copyop review here. A clever algorithm ensures that only trades which match your profile are displayed. Social interactions with other local and global traders on their network is possible too, and tutorials are available for beginners.
You can try their unique trading app and WebTrader platform with their demo. Full review to follow soon. Their ForexCopy system enables you to follow successful Forex traders and copy their trades in your account on a set ratio. Alternatively you can use their PAMM system to invest in other top traders and let them trade with it.
You can see the full list of ForexCopy trading accounts which you can choose to copy on their website. With the automatic mirroring functionality these trades can be automatically copied.
You can read our Tradency Mirror Trader review here. Started as a pure trading network where traders can connect their trading accounts to share their live trading signals and interact in their active Forex community forums. Also provides real-time charts and market indicators. Find our hands on myfxbook AutoTrade review here. Darwinex launched to investors in September This innovative investment platform also lets you invest in other successful traders.
However instead of directly copying them, you purchase a DARWIN, similar to a stock or share, which tracks the performance of the top trader. Read more about Darwinex here. This is the social copy trading service of RoboFOREX, an international broker established in with a focus on providing tools for expert auto robot traders. Via their CopyFX service you can view their best performing traders and automatically copy them via your account. You can try risk free via a demo account first.
Works with multiple brokers and demo available too. IronFX is a global FX broker with customers in over countries and support in 45 languages. They allow their clients to follow and copy successful trading strategies from others within their trading community, in real time.
Free demo available via their website. Their social Forex platform allows you to automatically duplicate the best trades from other successful traders, to share information and to communicate live with these experts. You can try their copy service with a demo account. FX Junction is an open social trading network which connects Forex traders and MT4 brokers around the world.
Their platform allows you to share trade ideas and discuss market events. You can also share and analyse your own trading performance or follow and AutoCopy others traders on their service. Over brokers and banks around the world use the MetaTrader 4 and 5 platforms. From they added functionality which allows every trader on their platform to become a subscriber or a provider of trade signals. The signal providers can be discussed in their online community as well.
Sunbird is another FX broker who added automated trading to their client offering in It allows investors to review and copy a variety of other high-quality traders as well as some carefully selected automated trading systems Algo-Trading. Started in as a Forex analytics provider allowing traders to analyze their own performance with more than statistical tools, graphs and ratios, and compare this with other traders over the world. Over time they added a social trading community and autotrading functionality.
CM Trading does however use an open approach which means you can mirror the trades of everyone on SIRIX, so also top professional traders at other brokers. This binary options broker also offers a social element as part of their trading features.
With iFollow you can view the performance of the top traders on Redwood and follow them, which will automatically copy their binary traders in your account.
This technology provider also offers a trading-system platform which allows the tracking and auto-trading of trades from multiple sources. They sell their solution to 3rd party Forex brokers or financial service companies who can white-label it, though offer the service through their own brand and website too via a few partner brokers. This international broker launched in as one of the first ones to offer cent accounts and is particularly popular in the Asia-Pacific region.
Alternatively their PAMM accounts let you invest directly in some traders as well. To add to the social aspect they also run various contests and tournaments. The service allows beginner traders to copy the trades from experienced Leader traders with accounts at this broker. This new mirror trading platform was launched in November by Spotware, the same company who develops the cTrader Forex trading platform. With cMirror any trader can become a strategy provider by broadcasting their trade signals and optionally charging commissions.
In addition to the trade execution and charting functionality, the platform also includes a social trading component. This allows you to follow and automatically copy other traders. Launched in they offer a slightly different approach to the other networks. Launched in the platform gives Saxo customers access to the latest market news, expert opinions, an economic calender and the aggregated forex positions.
TradingFloor also allows you to analyse the historical performance and see the real time trading activity of other traders connected to the community. It cannot get too much more social than this. Instead of trade copying, nextmarkets allows you to choose one or more personal trading coaches for a monthly fee.
You then get all their trades and strategies delivered by email or push notification. When your coach is in a trading session, you can also look over his shoulder and follow his trading activities live from your home pc or on the go with their smartphone apps. So you can learn from these professionals, though you must decide yourself whether to copy or not.
While they discontinued their own SuperTrader mirror trading platform, you can still use them as broker with other networks like ZulTrade.
For any social trader they also offer useful information and tools. You also get free access to Trading Central, a leading global provider of fx signals and technical financial analysis, with a proven track record in delivering accurate assessments of the financial markets.
No trade copying here, just network and info. You can connect and communicate direct with your friends and other investors, as well share and browse ideas for investments. In addition, Nvstr also gives you access to algorithms that analyse the infinite investment allocation possibilities to identify the one best tailored for you. Their technology is based on independent, well-established Nobel Prize-winning research on portfolio allocation.
AGEA is an international Forex broker. This platform allows and encourages their traders to share experiences and discuss trade ideas.
Social media aggregator which collates all the talk and chatter on your favorite Stocks, FX pairs and Commodities. Again, no autotrading, but information only platform. Online trading communities and chat rooms are nothing new. Hashtag Investing tries to diversify itself by offering a premium community service paid monthly or annually run on the Slack team workspace platform.More...