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
| Avatrade.com | |||||||
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| 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 # |
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| 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. |
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| Hotforex.com | |||||||
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| 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 |
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| 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 |
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| 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. |
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| ICMarkets.com | |||||||
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| Established | Regulations | Trading Platforms | Bonus | ||||
| 2007 | ASIC, FSA | cTrader, MT5, Zulutrade | None | ||||
| Regulators | ASIC #AFSL No. 335692 CySEC #362/18 FSA-S #SD018 |
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| 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. |
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| OctaFX.com | |||||||
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| Established | Regulations | Trading Platforms | Bonus | ||||
| 2011 | CySEC, FCA, IFSA, IBC | MT4 | 50% Deposit Bonus | ||||
| Regulators | CySEC #372/18 SVGFSA #19776 |
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| 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. |
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