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Social trading broker rankings

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Start social trading online with the top brokers available in the market.

#BrokerRegulated byMin DepositDemo AccountMax LeverageScoreStart Trading
1AvaTradeBVIFSC, ASIC, FSCA, FSA, FFAJ, FRSA$100Yes1:40072
2FXTMCySEC, FSCA, FCA, FSA$10Yes1:3064
3eToroCySEC, FCA, ASIC$250Yes1:40063
4PepperstoneASIC, FCA, SCB, DFSA-Yes1:50060
5ZuluTradeCySEC, ASIC$0Yes1:5057
6DarwinexFCA$500No1:3053

What to consider when choosing a social trading broker.

  • Be sure to check whether the broker is regulated
  • Is customer support adequate and efficient?
  • Are the withdrawals easy to perform?
  • Is the platform user-friendly and demo account provided?
  • What Instrument are traded?
  • Does the platform offer a robust amount of trade history?
  • What are the fees involved?
  • Which payment methods are accepted?

Ranking criteria and scores

Our Ranking Criteria and Broker Scores are based on several factors, these factors are deemed by our team as a necessary benchmark for choosing the right Broker. The factors are then individually assessed and given a certain weight & score, all the factor scores are then aggregated to make up the complete Ranking Score for each Broker. Few factors we take into consideration are Customer Support, Regulations, Percentage of Loss, Website Popularity, Platforms Available, Website Usability & Experience, Customer Reviews. Each of these criteria is given a certain Score from 1 to 10, after each criterion have been given a Score we then calculate the Overall Ranking Score for each Broker which is reflected in our Ranking Tables.

About Social Trading

Social Trading is a resent development in the forex market that allows investors to follow the trading behavior of their peers and expert traders and to their investment strategies using copy trading or mirror trading. This implies that you don’t need to have extensive knowledge in trading to trade or invest an important amount of time for successful trading. World Economic Forum describes social trading as a low-cost, sophisticated alternative to traditional wealth managers. Below you can find some of the best social trading brokers that we researched for you.

Learn more

Our Ranking Criteria and Broker Scores are based on several factors, these factors are deemed by our team as a necessary benchmark for choosing the right Broker. The factors are then individually assessed and given a certain weight & score, all the factor scores are then aggregated to make up the complete Ranking Score for each Broker. The main factors we take into consideration are Customer Support, Regulations, Percentage of Loss, Website Popularity, Platforms Available, Avg. Connection Time, Website Usability & Experience, Customer Reviews. Each of these criteria is given a certain score from 1 to 10, after each criterion have been given a Score we then calculate the Overall Ranking Score for each Broker which is reflected in our Ranking Tables.

About Social Trading

Social Trading is a resent development in the forex market that allows investors to follow the trading behavior of their peers and expert traders and to their investment strategies using copy trading or mirror trading. This implies that you don’t need to have extensive knowledge in trading to trade or invest an important amount of time for successful trading. World Economic Forum describes social trading as a low-cost, sophisticated alternative to traditional wealth managers. Below you can find some of the best social trading brokers that we researched for you.

Learn more
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