💬 Comparison of social trading brokers

Step into the fascinating world of social trading and connect with a global community of seasoned investors. At bestbrokers.co.uk, we guide you to the best social trading broker, providing a platform where you can follow and copy the strategies of top traders. Our comparison highlights those platforms offering the best social tracking tools, competitive fee structures, and opportunities for knowledge sharing and mutual learning.

Examine fee structures: Prioritise platforms with low fees to maximise your returns.
Use social tracking tools: Take advantage of advanced functionalities to replicate the strategies of successful traders.
Engage in mutual learning: Social trading becomes more rewarding when collaboration and shared insights are embraced.
Choose based on your needs: Whether you’re a novice or experienced trader, pick a broker that fits your level and objectives.

Compare brokers in one click

Broker	Advantages	Min. commission	Min. fees	Stock purchase	Stock CFDs	Min. deposit	Visit
eToro	CopyTrader™ platform: Easily copy expert trades. Wide choice of investors: Select by performance to copy. Full control: Adjust or stop copying whenever you want. Demo account: Practise copy trading risk-free. Active community: Exchange strategies and tips with fellow traders.	0%	£0	Yes	Yes	£50	Visit the site Our review
AvaTrade	AvaSocial: Join a community of traders and copy in real-time. DupliTrade: Simplify decisions by following expert traders. ZuluTrade: Join one of the largest social trading platforms. Community learning: Exchange strategies with other traders. Educational support: Access resources to maximise your engagement.	0,13%	£0	No	Yes	£100	Visit the site Our review

What is social (or community) trading?

First introduced in the early 2000s to replicate successful Forex trading strategies, social trading has become popular among retail traders and has spread to all asset classes. Social trading is a form of trading where traders can copy and apply trading strategies of more experienced traders. It’s a popular way for beginners to enter the financial markets and potentially make gains.

How does social trading work?

On social trading platforms, sharing trading strategies—meaning the different market positions taken by a specific trader—is easy to set up. A social trader subscribes to the feed of another trader whose positions are broadcast live, with the option to replicate the same transactions. With this “mirror trading” or “copy trading” feature, when trader X executes an order, trader Y also executes the same order.

What are the benefits of community trading?

By embracing community trading, beginner traders can learn from experienced traders. They can diversify their strategies and discover different forms of market analysis. The accessibility of social trading makes it easier—and potentially less risky—for newcomers to invest in the financial markets.

Is social trading safe?

Although this approach removes certain barriers to entering the financial markets, it should not be misleading—social trading does not eliminate risk. Each investor’s capital and risk tolerance differ. In social trading, you depend on someone else’s strategies and risk choices, and therefore do not necessarily build up your own knowledge and experience.

In other words, there is no guarantee you won’t incur losses.

Your best approach is to learn how to analyse the market for yourself, trading according to your own goals and capital. Traders may, for instance, draw inspiration from others’ analyses but should still monitor indicators such as market sentiment, trader commitment (COT reports), and the volatility index (VIX), all of which offer valuable insights and help form your own views.

Last updated on 20/03/25