Social Trading Platforms Comparison

Social Trading Platform

Social Trading Platforms Comparison 1
Social Trading Platforms Comparison 2
Social Trading Platforms Comparison 3
Social Trading Platforms Comparison 4
Social Trading Platforms Comparison 5

Link

Supported Countries

Most countries worldwide (except 36 countries)

Most countries worldwide (190+ countries)

Varies by chosen broker

Most countries worldwide (US+10 countries restricted)

Most Countries worldwide (USA+Africa restricted)

Social Feature

Social Trading Platforms Comparison 6
Social Trading Platforms Comparison 6
Social Trading Platforms Comparison 8
Social Trading Platforms Comparison 6
Social Trading Platforms Comparison 8

Number of users

17M+

1M+

2M+

500k+

10k+

Number of traders/strategies to copy

300k+

Only top 1000 traders displayed

5000+

3000+

2700+

Founded in

2007

2007

2005

2015

2012

Minimum Deposit

$200

Varies by chosen broker

Varies by chosen broker

1€

500€

Supported Brokers

Own Broker

Own Broker + Third-Party Brokers

Third-Party Brokers Only

Own Broker

Own Broker

Regulators

CyCEC (EU), FCA (UK)

HCMC

Varies by chosen broker

CyCEC

FCA

Instruments to Copy Trade

Forex, Stocks, Cryptos, Etfs, Commodities, Indexes

Mainly Forex (more recently, cryptos)

Mainly Forex

Indices, FX, Stocks, Crypto, Commodities, ETFs, CFDs

Forex, CFDs (indices, commodities, stocks, cryptos)

Fees

Broker Fees only (spreads + other fees)

2 Account types:

  • $30 monthly subscription + 25% share of profits + Zero trading commissions, or

  • Standard volume-based commissions

Depends on the broker (most brokers charge commission for using this service)

0,5€ per copied trade + 5% of profit when profit >5€

20% performance fee paid to traders

Trader Remuneration

Depends on the level: up to $1k/month + 2% annual AUM

Depends on the account of copier: 0.5 pips per lot traded by a copier or 20% performance fee

Volume-based (0.15-0.3 pips for each copied trade) or Fixed fee (up to 5€ a month for each copier)

Fixed amount per trade copied. Depends on your level. 0.10€ to 0.60€ per copied trade

20% Performance Fees (20% of profits)

Demo Account

Social Trading Platforms Comparison 6
Social Trading Platforms Comparison 6
Social Trading Platforms Comparison 6
Social Trading Platforms Comparison 6
Social Trading Platforms Comparison 6

Notes

  • Free stocks and ETF trading in Europe.

  • $USD only, so if you deposit in EUR you will be charged high curency conversion fees.

  • AAAFx is Zulutrade's broker. You will pay extra commission in other brokers.

  • Some traders use demo accounts. 

  • The strategies are algorithm based.

  • First ever platform to introduce mirror trading ("first version" of social trading)

  • Technology provider only

  • Very good customer reviews (probably best one)

  • Publicly listed.

  • Belongs to the NAGA Group many other financial profucts)

  •  Darwinex transforms traders' trading strategies into a new asset, a "DARWIN", that automatically replicates the trades without revealing the details, protecting the trader's intellectual property.

Learn More

67% of retail CFD accounts lose money.

Updated as of 24/04/2020