Top Social Trading Networks and Platforms

Below is a list of the leading social trading networks (mainly Forex, though some stocks, indices and commodities too). As a social trading network we identify any website or company which enables traders to share their trades and/or trade ideas with other traders. Our main focus is on Forex networks which offer both a social trading and community aspect, as well as autotrading capabilities. This is the functionality which allows investors to automatically copy or mirror the trades from other traders on the network in their own trading account.

List of the leading social trading platforms and networks:

	ZuluTrade: Probably the largest global social trading network at the moment, both in terms of numbers of traders and investors. Offers full trade copying (supporting multiple brokers) and social interaction capabilities with free fully functioning demo. Read our detailed ZuluTrade review here.
	eToro Openbook: Very much focussed at the novice investors eToro is both broker and social trading network. Much focus is given on education for novice investors with an easy to use interface, while a fully functioning demo is available as well. Our full eToro review is available here.
	Signal Trader: This platform specialises in offering automated mirror trading across a wide range of financial instruments. Customers can automatically mirror the trades of proprietary traders (all of whom use real money) in their own brokerage accounts. Demo account available too. Look at our full Signal Trader review here.
	Ayondo: Well established German based social trading network which is rapidly expanding throughout the rest of Europe. Became the first network to start offering auto trading for ‘spreadbetting Forex accounts’ for UK customers. Offer demo account and probably the widest range of trading instruments (fx, stocks, indices, bonds, interest rates and commodities). Find our ayondo review here.
	Tradeo: Launched as a social trading community network in 2012 which allowed traders to share their trading activities and get feedback from other traders. They added the feature to automatically mimic the strategies from other Forex traders in 2013.
	Tradency Mirror Trader: Tradency is a financial technology company who’s key trading platform, Mirror Trader, allows traders and strategy developers from around the world to open, close and share their trades. With the automatic mirroring functionality these trades can be automatically copied. Their platform is available through a list of brokers, though currently doesn’t include social interaction capabilities yet. You can read our Tradency Mirror Trader review here.
	FxPro SuperTrader: FxPro is a global Forex broker. They launched their own social copy trading platform, called SuperTrader, in Q4 2013. Every leader who wants to share their strategy on the platform needs to undergo a strict application process and their performance will be constantly monitored by FxPro. As investor you can automatically copy the best performing strategies in your account. Read our detailed FxPro SuperTrader review here.
	Myfxbook: Started as a pure trading network where traders can connect their trading accounts to share their live trading signals and interact in their active Forex community forums. Also provides real-time charts and market indicators. In partnership with 1 broker they added “AutoTrade” capability in 2013 which allows investors to copy trades from a small subset of the traders on their network. Demo available.
	MyDigiTrade: Founded in 2010 by a group of independent traders as a platform for mirroring trades made by professional traders, they added the social aspects to allow users to comment and rate the traders/signal providers. Works with multiple brokers and demo available too.
	NetoTrade Social Trading: NetoTrade is a Forex broker with a strong customer base in the English, French and Arabic markets. Their social platform allows you to identify and automatically copy successful traders from around the world. You can view other traders performance with their demo, but copying trades is only possible with live account.
	IronFX Social Trader: IronFX is a global FX broker with customers in over 180 countries and support in 45 languages. They allow their clients to follow and copy successful trading strategies from others within their trading community, in real time. IronFX uses the advanced Sirix Social WebTrader platform for their social trading offering. Free demo available via their website.
	Darwinex: Darwinex launched to investors in September 2014. This innovative investment platform also lets you invest in other successful traders. However instead of directly copying them, you purchase a DARWIN, in a choice of 3 risk levels, which tracks the performance of the top trader. Read more about Darwinex here.
	Gallant Trade Copier: Gallant are a popular Forex broker. In 2013 they launched their “Trade Copier” product which, as the name suggests, allows you to copy the best performing traders on their network. Their Trade Leaders all trade from live real money accounts. Find our detailed Gallant Trade Copier review here.
	Sunbird GurusTrade: Sunbird is another FX broker who added automated trading to their client offering in 2013. Their proprietary platform is called GurusTrade. It allows investors to review and copy a variety of high-quality traders at Sunbird as well as some carefully selected automated trading systems (Algo-Trading). Demo available via their website.
	FxStat: Started in 2010 as a Forex analytics provider allowing traders to analyze their own performance with more than 150 statistical tools, graphs and ratios, and compare this with other traders over the world. Over time they added a social trading community and autotrading functionality.
	ZipSignals: Established in 2008, ZipSignals were one of the first Forex trade sharing platforms. Their innovative Forex trading platform lets you automatically copy trades from professional traders from around the world. You can copy from a linked broker or direct from your own MT4 terminal, though also no social interactions. Find our ZipSignals review here.
	MetaQuotes MetaTrader Trading Signals: Over 600 brokers and banks around the world use the MetaTrader 4 and 5 platforms. From 2013 they added functionality which allows every trader on their platform to become a subscriber or a provider of trade signals. The signal providers can be discussed in their online community as well.
	Collective2: This technology provider also offers a trading-system platform which allows the tracking and auto-trading of trades from multiple sources. They sell their solution to 3rd party Forex brokers or financial service companies who can white-label it, though offer the service through their own brand and website too via a few partner brokers.
	BelforFx: BelforFx is a well established global Forex, commodities and indices broker. In 2013 they added social trading functionality to their platform. This allows their customers to view, follow and copy the Top Traders on their network to try and benefit from the collective wisdom.
	Share4you: Share4you is the social trading network for the customers of Forex4you broker. The service allows beginner traders to copy the trades from experienced Leader traders with accounts at this broker. Both companies are part of the E-Global Trade & Finance Group.
	TradeCrowd: Founded in 2013 in London, TradeCrowd aims to bring together first time traders with other recreational and top traders. Their real-time social trading network connects you to the latest market information, opinions, trading ideas and news about the instruments you find interesting. You can also use their CopyTrade feature to copy in ‘real-time’ the trades of more experienced traders directly in your account (though you cannot yet automatically copy them).
	SIRIX: SIRIX is an advanced trading station and platform for forex and CFD traders. In addition to the trade execution and charting functionality, the platform also includes a social trading component. This allows you to follow and automatically copy other traders. The tool is being sold directly to brokers (you can try it for free at IronFX).

The following platforms and networks focus on social networking and/or content aggregation only. I.e. no automated trade copying:

	AGEA: AGEA is an international Forex broker. In 2005 they became one of the first to incorporate social networking into their proprietary trading platform, called “Streamster”. This platform allows and encourages their traders to share experiences and discuss trade ideas. There’s no auto-copying of other traders but the social platform can be tried with a demo account.
	OptionSmarter: Launched in 2008, OptionSmarter is an interesting alternative to the usual fx broker services. Instead of buying or selling lots, you buy binary options on currencies, stocks, commodities and indices. They launched social trading in October 2013 too, allowing you to follow (but not yet automatically copy) their other member traders.
	StockTwits: Founded in 2008, StockTwits® is a social communications platform for the financial and investing community. It organises “streams” of information around stocks and markets from across the web and social media to provide new forms of insight. No trade copying here, just network and info.
	Scutify: Social media aggregator which collates all the talk and chatter on your favorite Stocks, FX pairs and Commodities. Again, no autotrading, but information only platform.

This market is evolving very rapidly with new networks and solution providers trying to take a piece of the social trading market space, so expect this list to grow. We purposely left out some of the very small social trading networks which only have a few traders or strategies available on their platform to copy, or some companies who’s platforms are still in beta testing phase.

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