Compare Social Trading Network and Platform Features

The table below summarises and compares the features of the major social trading networks and their platforms (click here to view the table legend). The major networks (ZuluTrade, eToro, Ayondo, Tradency, Tradeo, Darwinex, myfxbook, copyop and Gallant Trade Copier) are also reviewed in our reviews section (others will be reviewed in due course). Please note that the table compares 17 social trading platforms (just use the navigation buttons to show more):

Social Trading Network
Location Headquarters
Social Copy trading Live
Broker Choice
Instruments Traded
Account Currency
Minimum Investment requirement
Cost / trade
Management Fees
Avg. EURUSD spread
Traders To Copy
Automated Trade Copying
Copy Followers
Network Trader Prerequisites
Traders required to Trade with Real Money
Traders’ Compensation
Trader Compensation linked to Results
Trader Trade History
Trader Open Trades
Trader Real Balance
#Traders Allowed to Copy
Allocation / Trader Acc. Protection
Demo Account
Rate Traders
Interact with Traders
Trader’s history in Excel
Mobile Apps
Facebook Integration
Twitter Intergation
Support
Forum
Fund Account
Languages
Social Trading Guru Review
Website
ZuluTradeZuluTradeGreece2010Own broker (AAAfx) + over 50 othersForex currency pairs, gold, silver, commodities, indices. treasury bundsBroker dependent($, Euro, £, JPY, AUD, RUB)$300Spread + Commission (commission depends on broker and starts from 0 pips with AAAfx)Free2.5 pips> 10,000YesNoExecute 31 valid tradesNofee per lot traded in live follower accountsYes – only paid in positive monthsFullYesNoUnlimitedYesYes
Try ZuluTrade Here
YesYesYesAndroid, iOS (iPad & iPhone) and Windows PhoneYesYesTelephone, e-mail, online chatYesDepends on broker (wide choice)English, German, Spanish, Chinese, Japanese, GreekZuluTrade ReviewVisit ZuluTrade
eToroeToroCyprus2011Own broker service onlyForex currency pairs, Indices, commodities, stocks, ETFs$ onlyfrom $50 upwards (depends on country)Spread Only (spreads start from 3 pip / trade)Free3 pips> 10,000YesYesNoneYes (minimum $200)from $350/month to 2% annual of AUM + spread rebatesYes - only paid if meets monthly risk targetFull (but difficult to view)YesNo20YesYes
Try eToro Here
NoYesNoAndroid, iOS (iPad & iPhone) and BlackBerryYesYesTelephone, e-mailNocredit card (Visa, Mastercard, Diners), wire transfer, PayPal, Neteller, Moneybookers, Western Union, WebMoney and YandexEnglish, Spanish, German, Portuguese, Greek, Italian, Hungarian, French, Finnish, ArabiceToro OpenBook ReviewVisit eToro
Ayondo AyondoGermany2010Own partnership broker (Gekko)Forex currency pairs, Indices, commodities, interest rates/bonds, company stocks CFDsEuro, £, $, CHF100 Euro,$,£,CHFSpread Only (spreads start from 2 pips)Free2 pips> 1,000YesSoonMinimum 15 trades and 1% return in first 30 daysNofee per lot traded in live follower accountsYes – fee increases the more profit is made (though still paid minimum if not profitable)FullYesNo5YesYes
Try Ayondo Here
NoNoNoiOS (iPhone & iPad), AndroidNoNoTelephone, e-mailNodebit/credit card or bank wireEnglish, German, Italian, French, Greek, Spanish, Portuguese, Polish, Slovenian and ChineseAyondo ReviewVisit Ayondo
TradeoTradeoMalta2012Own broker service onlycurrency pairs, Indices, Gold, Silver, Oil, and CommoditiesUSD, EUR, GBP and JPY$250Spread OnlyFree2 pips> 10,000YesNoNoneNoNoneNoLast few 100'sYesNoUnlimitedYesYes
Try Tradeo Here
NoYesNoiOSYesYesemail, phone, online chatYescredit/debit, wireEnglish, French, Russian, Spanish, Italian, Bulgarian, Arab, JapaneseTradeo ReviewVisit Tradeo
copyopcopyop logoCyprus2015Own serviceForex, indices, commodities and share binary optionsUSD, EUR or GBP$50Return 60% on win, 15% on lossFreeN/A> 100YesYesNoneYescommission per copied tradeNoVery LimitedMax 3NoUnlimitedYesNoNoNoNoAndroid & iOSYesNoTelephone, e-mail and live chatNocredit/debit cards and bank wireEnglish, Spanish, German, Italian and SpanishCopyop social trading ReviewVisit Copyop
LiteForexLiteForex LogoMarshall Islands2005Own broker serviceForex currency pairs, indices, commodities and selected stocksUSD, EUR, СHF, RUB$50SpreadFree2 pips>400YesNoNoneYestrader sets profit sharing %Yes - only paid on profit madeFull (but difficult to view)NoYesUnlimitedYesNoNoYesNoNoNoNoTelephone, e-mail and online chatNoCredit Card, Neteller, Skrill, OK Pay, WebMoney, QIWI, Perfect Money, Wallet One, Payeer, Bank Wire15 languagesLiteForex
Tradency TradencyUS2010About 40Forex currency pairsBroker dependent ($ or Euro)$1000Spread + 0 to 2 pips per trade commission (dependent on broker)Free3 pips> 100YesNoMinimum 30 trades required and performance evaluated over 1 monthNocombination of fee per lot traded and fixed fee per followerNoFullYesNoUnlimitedYesYes
Try Tradency Mirror Trader Here
NoNoYesNoNoNoe-mailNoDepends on brokerEnglishTradency Mirror Trader ReviewVisit Tradency
SwipeStoxSwipeStoxGermany20168 brokersForex, Indices, CFDs (stocks)Broker dependentBroker dependentSpread + commission (depended on broker)Free2.5 pips> 1,000Yes (CYBO) or Manual (per trade)NoNoneNocommission based on volume copiedNoFullNoNoUnlimitedYesYes
Try SwipeStox Here
NoYesNoAndroid and iOSNoNoTelephone, e-mailNoDepends on brokerEnglish, German, Spanish, RussianSwipeStox
Myfxbook MyfxbookBritish Virgin Island2013About 40Forex currency pairsBroker dependent ($, Euro, £)$1000Spread (dependent on broker – may include small markup)Free2.5 pipsAbout 45YesNoMinimum 3 month trade history with 10% return and drawdown <50%Yes0.5 pips per winning trade in live follower accountsYes – only paid for winning tradesFullNo (depends on trader – some yes)No (some yes)UnlimitedNoYesNoNoYesNoNoNoonline formYesDepends on brokerEnglishMyfxbook AutoTrade ReviewVisit Myfxbook AutoTrade
InstaForex ForexCopyInstaForexRussia2012Own broker serviceForex currency pairs, commodities, stocks and futures$ only$10Spread + commission dependent on Trader you copyFree3 pips> 1,000YesNoNoneYesTrader can set commission and termsDepends on termsNoneNoYesUnlimitedNoNoYesYesNoNoNoNoTelephone, e-mail, online chatYesBank Wire, Debit/Credit cards, RBKMoney, Qiwi, MoneyBookers/Skrill, Neteller, Yandex.Money, Z-Payment, cash33 languaguesVisit InstaForex ForexCopy
MetaTraderMetaTrader Trade SignalsUS2013Any broker with MT4 or MT5 platformForex currency pairsBroker dependent($, Euro, £, JPY, AUD, …)broker dependent + some traders to copy have higher min. requirementsSpread (depended on broker)Fixed Monthly fee per followed trader/system2 pips> 2,000No - Requires running MT4 or MT5 and always on Internet connectionNo1 month trading during which minimum 5 trades and drawdown < 70%Nofixed monthly fee per subscriber (can decide value)NoFullNoNoUnlimited (but payment required for each)NoNoNoNoYesNoNoYese-mailYesDepends on brokerEnglish, Russian, Chinese, Spanish, PortugueseVisit MetaTrader Trading Signals
MetaTraderMetaTrader Trade SignalsUS2013Any broker with MT4 or MT5 platformForex currency pairsBroker dependent($, Euro, £, JPY, AUD, …)broker dependent + some traders to copy have higher min. requirementsSpread (depended on broker)Fixed Monthly fee per followed trader/system2 pips> 2,000No - Requires running MT4 or MT5 and always on Internet connectionNo1 month trading during which minimum 5 trades and drawdown < 70%Nofixed monthly fee per subscriber (can decide value)NoFullNoNoUnlimited (but payment required for each)NoNoNoNoYesNoNoYese-mailYesDepends on brokerEnglish, Russian, Chinese, Spanish, PortugueseVisit MetaTrader Trading Signals
DarwinexDarwinexUK2015Own broker serviceForex currency pairs, Indices, Commodities£, $, €500 €, £, $Spread Only20% success fee based on 'high-watermark'0.4 pipsAbout 50YesNo1-2 months history (depending on trade frequency)YesQuarterly 20% success feeYes - based on 'high-watermark' principleNoneNoNoUnlimitedYesYes
Try Darwinex Here
NoNoNoAndroid, iOSNoNoTelephone, e-mailNoWire Transer, Credit Card, Neteller, Skrill, UnionPayEnglish, Spanish, ChineseDarwinex ReviewVisit Darwinex
MyDigiTradeMyDigiTradeBritish Virgin Islands2010About 15Forex currency pairsBroker dependent($, Euro, £, JPY, AUD, …)$200 (dependent on broker)Spread + commission (depended on broker)Free2.5 pips> 100YesNoNoneNopart of the commission per tradeYes – more % of commission if results are betterFullNoNoUnlimitedNo (limited)YesNoNoNoNoNoNoe-mailNoDepends on brokerEnglishVisit MyDigiTrade
IronFXZuluTradeCyprus2014Own broker service onlyForex currency pairs, metals, UK & US stocks, commoditiesUSD, EUR, GBP, JPY, AUD, RUB, PLN, CHF, HUF$500SpreadFree2.5 pipsAbout 100YesNoDepends on platform (Sirix or myfxbook)Nofee per lot traded in live follower accountsDepends on platformFullNo (depends on trader – some yes)NoUnlimitedNoNoNoYesYesAndroid, iOS (iPad & iPhone) and HTML5 for SirixNoNoTelephone, e-mail, online chatYescredit/debit card (Visa & Mastercard), wire transfer, Skrill, Neteller, WebMoney, QIWI, Yandex, MOTO and FASAPAY29 languagesVisit IronFX
CM TradingCM TradingSeychelles / South Africa2012Own broker serviceForex currency pairs, commodities, indices and CFDs$, €$250 (for CopyKat)Spread + commission dependent on Trader you copyFree2.6 pips> 1,000YesNoNoneYesTrader can set commission and termsDepends on termsNoneNoYesUnlimitedNoNoYesYesNoNoNoNoTelephone, e-mail, online chatNoBank Wire, Debit/Credit cards, Neteller, UnionPay, CashU, MoneyNetInt5 languaguesVisit CM Trading CopyKat
FxStatFxstatUK2011Any broker with MT4 platformForex currency pairs, Indices, CommoditiesBroker dependent($, Euro, £, JPY, AUD, …)$300 (depends on broker)Broker Spread + $10 per traded lot commission (equals about 1 pip extra cost)Free3 pipsBetween 25 and 30No - Requires MT4 bridges on your PC and always on Internet connectionNoMinimum 90 days profitable + due diligence on trading styleYes50% of commissionNoFullNo (depends on trader – some yes)NoUnlimitedNoNoNoNoYesAndroid and iOS (iPad & iPhone)NoNoe-mailYesDepends on brokerEnglish + 9 other languagesVisit FxStat Tradesbook
FX JunctionFX JunctionSlovakia2012Any broker with MT4 platformForex currency pairs, Indices, CommoditiesBroker dependentdepends on brokerBroker Spread onlyFree2 pipsBetween 120 and 150No - Requires MT4 bridge on your PC and always on Internet connectionNoNoneNoNoneNoFullYesYesUnlimitedNoNoNoYesNoNoNoNoe-mailNoDepends on brokerEnglishVisit FX Junction
Collective2Collective2US, New York2012About 10Forex currency and futures (stocks too for US customers only)Broker dependent($, Euro, £, JPY, AUD, …)$300 depends on brokerSpread (depended on broker) + commission (dependent on followed trader/system)Fixed monthly subscription fee dependent on trader/system2.5 pips> 300YesNoNoneNotraders can choose what and how they charge (fixed fee or commission per trade)NoFullNoNoUnlimited (but payment required for each)NoNoNoNoNoNoNoNoe-mailNoDepends on brokerEnglish, German, Italian, SpanishVisit Collective2
Porter FinancePorter Finance LogoDublin, Ireland2014Own binary options broker serviceForex currency pairs, indices, commodities and selected stocksUSD, EUR, GBP, AUD or CAD200 €, £, $Mostly 81% return on win, 5% on lossFreeN/AAbout 50YesNoNoneNoNoneNoNoneNoNoUnlimitedNoNoNoNoNoNoNoNoTelephone, e-mail and online chatNoCredit Card, NetellerEnglishVisit Porter Finance

If you’re using a web browser, you move have to click in the middle of the bottom scroll bar area first, before you can move the scroll bar slider to the right.

Legend:

Networks often use different names for the people or systems you can copy (e.g. signal providers, trade leaders, gurus or strategy providers), though we just use the word “Traders” in the first header column to identify them.

Social Trading Network: Company name, logo and direct link to the website.

Location Headquarters: Country where the company is headquartered.

Social Copy Trading Live: Year when network or broker launched social or copy trading.

Broker Choice: How many brokers does the social trading network partner with. If social/copy trading is a unique feature offered direct by a broker itself then this is 1.

Instrument Traded: Which financial instruments can the Traders which you can follow or copy trade.

Account Currency: Which are the different currencies in which you can open your social/copy trading account.

Minimum Investment Requirement: What is the minimum amount needed to copy a single Trader.

Cost/Trade: What is the additional cost the broker or network charges per trade you copy, in addition to the spread.

Management Fees: What (if any) are the monthly or annual fees charged by the social trading network or broker to manage/service your account.

Avg. EUR/USD Spread: What is the average spread charged for the popular EUR/USD currency pair during normal liquid market conditions.

Traders to Copy: How many Traders are available or listed on the network to copy.

Automated Trade Copying: Is it possible to automatically copy all the trades from other Traders direct in your account.

Copy Followers: Is it possible to copy other Followers, i.e. trades which they copy will also be copied in your account.

Network Trader Prerequisites: What are the requirements the social trading network or broker sets before they list a Trader which you can follow or copy.

Traders Required to Trade with Real Money: Are the Traders required to send their trading signals from a live real money account (i.e. risk their own money), or can they use a demo account.

Traders’ Compensation: How much are the Traders paid when investors copy their trades.

Trader Compensation Linked to Results: Is the compensation the Traders receive directly linked to their performance, or not.

Trader Trade History: How much of the trade history from the Trader can be viewed in their profile. I.e. how many of the trades they closed before can you view.

Trader Open Trades: Is it possible to view the trades which are currently open in the Trader’s account.

Trader Real Balance: If the Trader uses a live account, is the balance of this account shared. I.e. can you see how much they trade with themselves.

#Traders Allowed to Copy: How many Traders can you copy from your own live account.

Allocation / Trader Acc. Protection: Does the social trading network or broker allow you to set a maximum amount per Trader you copy, which they can lose before you automatically stop copying them. I.e. can you protect your account from one Trader going rogue (in case you follow multiple ones from the same account).

Demo Account: Can you try the social or copy trading service with a demo account.

Rate Traders: Can the Traders be rated by Followers.

Interact with Traders: Can you interact directly (via email) or indirectly (via forum or feed) with the Trader you copy or consider copying.

Trader’s History in Excel: Can the historical trade history from the Trader be downloaded in Excel (css) format to allow you to perform your own analysis of their past performance.

Mobile Apps: Which (if any) mobile apps are provided by the network or broker to allow you to use the social or trade copying services.

Facebook Integration: Can you link to the social trading platform from your Facebook account.

Twitter Integration: Can you link to the social trading network from your Twitter account.

Support: By which means can you contact the network or broker’s support team.

Forum: Is their a forum available where you can interact with other customers.

Fund Account: Which methods are offered for you to fund your live account.

Languages: In what languages can the social or copy trading platform by viewed.

Social Trading Guru Review: Is there a detailed review available written by us.

Website: Directly access the relevant platform website.

Please use the navigation buttons to view the key features of all social trading platforms and networks, including ZuluTrade, eToro, Tradency, ayondo, CM Trading, Myfxbook, BelforFX, Tradeo, copyop, InstaForex ForexCopy, MetaTrader, Gallant Trade Copier, MyDigiTrade, TradeCrowd, FxStat, Collective2 and others. Please note that the focus is very much on social trading networks that offer the ability to copy trades from other traders as well (i.e. mirror trading or automated trade copying).

Please note that we recently updated the table view so it should hopefully be better viewable on tablets and mobile phones too. If anyone would have a problem viewing the table then please let us know?

Last updated: December 2, 2016

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