Best Social Trading Brokers

The idea of social trading is simple: use technology to copy the real-time forex trades (forex signals) of other live investors (forex trading system providers) you want to follow, so every time they trade you can automatically replicate (copy) their trades in your own account.

  • eToro - Best overall platform for copy trading
  • AvaTrade - Multiple copy trading platforms
  • HotForex - Full MetaTrader suite

eToro.com
eToro.com
Established Regulations Trading Platforms Bonus
2006 CySEC, FCA, ASIC eToro Platform Social Trading
Regulators ASIC #491139
CySEC #109/10
FCA #FRN 583263
Minimum Trade Size 25 USD
Mobile Trading: Yes
Web Trading Yes
Asset Coverage CFDs, ETFs, Forex, Crypto, Shares, Commodities, Indices
Trading Desk Type Market Maker, No dealing desk, STP
Funding Methods Credit card, PayPal, Neteller, Moneybooker, bank wire, money gram
Headquarters Kanika International Business Center 7th Floor, 4 Profiti Ilia Street Germasogeia, Limassol, Cyprus

eToro is a winner in 2020 for its easy-to-use copy-trading platform where traders can copy the trades of other users across over 1,900 instruments, including CFDs on popular cryptocurrencies.

Avatrade.com
Avatrade.com
Established Regulations Trading Platforms Bonus
2006 ASIC, BVI, CBI, FSCA MT4, MT5 100% deposit bonus
Regulators ASIC #406684
CBI #C53877
FFAJ #1574
FSA #1662
FSCA #45984
BVI FSC #
Minimum Trade Size 0.01 lot
Mobile Trading: Yes
Web Trading Yes
Asset Coverage Currencies, Commodities, Indices, Stocks, Bonds, Crypto, Futures, Options
Trading Desk Type Dealing Desk, Market Maker
Funding Methods Boleto, Credit Card, FasaPay, Moneybookers, Neteller, Skrill, Wire Transfer
Headquarters Five Lamps Place, 77-80 Amiens Street, Dublin 1, DO1A742, Dublin, Ireland

AvaTrade is an international provider of trading platforms for forex, CFD, and cryptocurrency traders. With the contracts for difference (CFD) trading for stocks, bonds, indices, ETFs and commodities.

Hotforex.com
Hotforex.com
Established Regulations Trading Platforms Bonus
2010 CySEC, DFSA, FCA MT4, MT5 100% Deposit Bonus
Regulators CySEC #183/12
FSC Mauritius #C110008214
SVGFSA #22747 IBC 2015
FSA-S #SD015
FSCA #46632
DFSA # F004885
Minimum Trade Size 0.01 lot
Mobile Trading: Yes
Web Trading Yes
Asset Coverage Currencies, Commodities, Indices, Stocks, Bonds, Crypto
Trading Desk Type

ECN, STP

Funding Methods Wire, Visa, MasterCard, Maestro, WebMoney, Skrill, NetTeller, mybitwallet, etc.
Headquarters Spyrou Kyprianou 50, Irida 3 Tower, 10th Floor, Larnaca 6057, Cyprus

The HotForex brand is owned by the “HF Markets Group” and was founded in 2010 in St. Vincent and the Grenadines. HF Markets Group encompasses the HotForex and HF Markets brands, and the following specifications are applicable only to HF Markets (SV) Ltd. The Head office is located in Cyprus while another office is in Kingston, St. Vincent & the Grenadines.

ICMarkets.com
ICMarkets.com
Established Regulations Trading Platforms Bonus
2007 ASIC, FSA cTrader, MT5, Zulutrade None
Regulators ASIC #AFSL No. 335692
CySEC #362/18
FSA-S #SD018
Minimum Trade Size 0.01 lot
Mobile Trading: Android, iOS
Web Trading No
Asset Coverage Currencies, Commodities, Indices, Stocks, Bonds, Crypto, Futures
Trading Desk Type ECN, STP
Funding Methods Credit Card, Neteller, PayPal, Webmoney, Wire Transfer
Headquarters International Capital Markets Pty Ltd Level 6 309 Kent Street Sydney NSW 2000, Australia

IC Markets was founded in Sydney, Australia in 2007 and is regulated by the Australian Securities and Investments Commission (ASIC), as well as the Seychelles Financial Services Authority (FSA). According to the broker's website, they processed $646 billion worth of trading volume in April 2020 alone.

OctaFX.com
OctaFX.com
Established Regulations Trading Platforms Bonus
2011 CySEC, FCA, IFSA, IBC MT4 50% Deposit Bonus
Regulators CySEC #372/18
SVGFSA #19776
Minimum Trade Size 0.01
Mobile Trading: Yes
Web Trading Yes
Asset Coverage Currencies, Commodities, Indices, Crypto
Trading Desk Type ECN, STP
Funding Methods Credit Card, Cryptocurrencies, FasaPay, Neteller, Skrill
Headquarters Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, Saint Vincent And Grenadines

OctaFX was founded in 2011 and offers Forex ECN trading, as well as CFD trading on Indices, Metals and Cryptocurrencies, across the MetaTrader and cTrader suite of trading platforms for Windows Desktop, Web (Windows and Mac) and Mobile (Android and iOS), as well as their own OctaFX Trading App.