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Forex brokers with Social Trading Networks

Forex social trading networks – a new Forex trend that picked up the speed in recent years. And why not, when the idea of being connected with other Forex traders on the network benefits everyone!

Forex social trading networks

Forex social trading networks is a social environment that offers interaction between active Forex traders in real time. It allows quick communication, sharing of trading signals, auto-trading and synchronization of order executions between several accounts (between a signal provider and followers) and, of course, commercialization of own trading strategy through selling signal subscriptions to traders.

Social Forex trading offers significant benefits of sharing knowledge with others. Novice traders can follow more experienced traders, while the rest can simply select and subscribe to one of hundreds of Forex signal providers (traders who’s strategies have been showing good performance) and have their own trading adjusted and improved as well (at least that’s the plan).

Social trading networks started as independent projects, but nowadays Forex brokers are more and more interested in having their own trading networks available for their clients, since it provides extra features, among which the most desirable is interaction among traders which stimulates active trading.

Brokers who offer Forex Social Trading Networks to own clients:

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Forex Broker Social Trading Network Minimum account Trading platforms Fees
Ayondo Markets Ayondo $100 Ayondo Spreads
BelforFX IsocialFx $100 OpenBook Spreads
BlackBull Markets Myfxbook AutoTrade $100 MT4 free membership
Bulbrokers Social trading $100 MT4 Spreads
CFD1000 Sirix $200 Sirix Spreads
CM Trading Sirix CopyKat $250 Sirix Spreads
eToro OpenBook $50 OpenBook Spreads
eToro Copy.Me $50 OpenBook Spreads
Finpro Trading ZuluTrade $100
RallyTrade xSocial $100 xStation
Gallant Capital Markets Trade Copier $250 MT4 Spreads
Formax CopyMaster $ MT4
InstaForex ForexCopy System $1 MT4 Commission per deal or profit sharing
Forex-Metal FX Replitrader $1 MT4 Spreads + % commission set by a signal provider
Forex4you Share4you $1 MT4 Followers: Free membership. Fixed commission $8 per lot.
Providers: Free membership. Earn from $4 – $7.2 per lot (depending on performance and copied volume) from total copied volume of follower’s orders.
FXOptimax Myfxbook AutoTrade $1000 MT4 free membership
GDMFX Social & Autotrading $100 MT4
GO Markets GO MT4 Community $500 MT4
HotForex HF Social $100 FxStat Spreads
IronFX Sirix $500 Sirix, MT4 Spreads
Larson&Holz First social trading network $25 MT4 Copying traders – in development. Traders “talk” is available.
LiteForex Social Trading Platform $500 MT4 profit sharing (%) + commission
MaxFX Myfxbook AutoTrade, cMirror $200 MT4, cTrader
MFX Broker MFX Social Trading $1
MXT Global FX Copy $100 MT4 free membership
Nova FX Trading FX Replitrader $500 MT4 Spreads + % commission set by a signal provider
OneTrade FXSTAT (TLEX) $1 $0.55 per mini lot per side
Titan FX ZuluTrade $200
TrioMarkets Sirix $100 Sirix Spreads
TeleTrade Synchronous Trading $100 MT4, MT5 Spreads
USGFX ZuluTrade, Myfxbook $100 MT4 free membership
Vantage FX FX Copy, Myfxbook $100 MT4 free membership
Windsor Brokers SAWA $100 MT4, MT5 Spreads
YouTradeFX Sirix $500 Sirix, MT4 Spreads

Independent Social Trading Networks

Independent Social Trading Networks are networks that don’t belong to any particular broker. They run independently, however allow connecting existing trading accounts from different brokers into the network. This way traders can interact not only within the limited circle of clients from 1 broker, but rather with many traders who trade with different brokers.

Independent Social Trading Networks:

Social Trading Network Supported platforms Commission structure & fees
Collective2 MT4, Trade Station, Ninja Trader Followers: pay % per position copied, established by the provider
Providers: pay $98 for 6 months for being a provider
FX Copy MT4 Followers: Free membership
Providers: Free membership
FX Junction MT4, MT5 Followers: 1 pip per standard lot traded
Providers: Free membership
FXSTAT MT4, MT5, Trading Station, Web based platforms Followers: Fixed commission per trade ($8-10/per lot) or % for successful trades
Providers: Free membership. Earn 50% commission for each transaction.
Liga Forex Liga Forex Commission structure – spreads – is set by each Forex broker, who uses the platform.
MyFxServices MT4, JForex Commission per profit sharing depending on the provider you copy.
Mirror Trader Mirror Trader Commission structure – spreads – is set by each Forex broker, who uses the platform.
Myfxbook MT4, MT5, fxTrade/fxTrade Practice, FXCM Trading Station and Strategy Trader Followers: Free membership or a markup spread (depending on a broker)
Providers: Free membership. Earn 0.5 pips per winning trade
Tradeo Tradeo Commission structure – spreads – is set by each Forex broker, who uses the platform.
ZuluTrade MT4, MT5 Followers: Free membership, pay spreads (depending on a broker)
Providers: Free membership. Earn 0.5 pips per lot traded

Did we miss any Forex Social Trading Network/Platform?
Please suggest by adding a comment below.

We’ve reviewed some of our favourite social trading platforms, see below:


Platforms like this make trading the Forex market a lot considerably easier, they help implement risk management by giving traders the tools to do so (normally in the form of automatic orders) and also allow you to perform technical analysis by providing charting platforms. These platforms are only benefiting the financial trading space.