Forex social trading is a social environment that offers interaction between active Forex traders in real time. It provides significant benefits of sharing knowledge with others and allows traders to trade online with the help of others by comparing and copying their trades, techniques and strategies. With the best social trading platforms offered today, newbie traders can follow expert traders while those with more experience can improve their own trading by selecting and subscribing to one of many Forex social trading platforms available in the market today.
Social trading is a trend that has been around for many years but it has gained in popularity of late due to increased trading activity and the need by Forex traders to depend on the knowledge and experience of more savvy investors. The idea of being connected with other Forex traders on the network is attractive to everyone.
Before the advent of social trading, investors had to rely on fundamental or technical analysis to form their investment decisions. Using Forex social trading investors and traders are able to integrate into their investment decision-making process with social indicators from trading data-feeds of other traders.
Best broker for social traders and crypto traders
CySEC, FCA, ASIC
Great broker that specializes in personal account management
Social trading system that works with dozens of brokers
Crowd trading that lets you follow trading trends
$110 + From 25% To 40%
MetaTrader 4, MetaTrader 5, cTrader, Web-based
CySEC, MiFID, FCA