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The brokers listed here support social trading for forex, allowing traders to interact, share trading ideas, and follow each other's trades directly through integrated platforms. Quality social trading requires built-in communication tools such as chat and forums, real-time trade broadcasting, and transparent user performance statistics covering at least six months of trading history. Strong platforms provide risk controls like copy trading limits and customizable stop-loss settings for copied trades. Social trading is suitable for traders seeking collective insights, but users should check for minimum account balances or subscription costs that some platforms require to access community features.
IG invented spread betting in 1974 and remains the benchmark for experienced UK and European traders: unmatched market breadth, an excellent proprietary platform, and regulatory credibility that few brokers can match, at the cost of slightly higher charges than specialist ECN desks.
NFA- and FCA-regulated with strong US/UK coverage, transparent historical pricing, and excellent research.
Heavily regulated across 6+ jurisdictions with a unique AvaOptions platform for vanilla options trading and strong educational content.
What this means
Social trading platforms combine copy trading with a community feed where traders share ideas, analysis, and trade history publicly. You can follow traders, comment on strategies, and copy positions all from a single interface.
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