Social Trading Platforms Comparison

Social Trading Platform
Link	etoro.com	zulutrade.com	tradency.com	naga.com	darwinex.com
Supported Countries	Most countries worldwide (except 50+ 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
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
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	Learn More 68% of retail CFD accounts lose money.	Learn More	Learn More	Learn More	Learn More

Updated as of 24/04/2020

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Social Trading Platforms Comparison

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