Data privacy and security practices may vary based on your use, region, and age. The developer provided this information and may update it over time.

No data shared with third parties Learn more about how developers declare sharing. This app may collect these data types Personal info.

Data is encrypted in transit. You can request that data be deleted. Fraudsters, have been chasing for withdrawals for the past 4 months with constantly.

They simply respond by saying the executives are busy and would revertshortly. But they never revert. Simply fraudsters. Dear Vikas, Thank you for raising this with us and we apologize if your experience did not meet your expectations. Payment method: 2. Account number: 3. Email address: 4.

Screenshots: 5. Pending case number if any : Thank you! The Exness Team. You guys are doing great, but you guys should fix a bug The app doesn't save some strategies as favorites, secondly it keeps saying error decoding signature some days when I try to login You guys should work on this. Outside that you're doing great.

With every new app version we are introducing new features and improving existing ones. You should consider whether you can afford to take the high risk of losing your money.

The platform also supports cryptocurrencies, commodities, forex, and more. With that said, the most attractive and perhaps innovative social feature offered by eToro is that of its Copy Trading tool. This takes things to the very next level, as you can copy an eToro trader like-for-like. There are thousands of verified eToro users that have joined the Copy Trading program, so you find an investor that meets your financial goals and appetite for risk.

Otherwise, there is a small 0. This includes CFDs, stocks, forex, and cryptocurrencies. In a similar nature to eToro, this top-rated social trading platform allows you to discuss and share ideas with your fellow traders.

In terms of finding a trader on NAGA, you can view a full host of useful information to help you decide whether or not they are worth copying. For example, you can view each and every trade that the individual has made since joining NAGA, and what this amounts to in terms of profitability and loss. You can also dig a little deeper to see how much risk the trader likes to take and whether they prefer short-term or long-term trading strategies.

Once you have selected a trader that you like the look of, NAGA offers two options in the terms of executing your position. You can either use the proprietary NAGA Web Platform, which is simple and thus perfect for newbies. Or, you can also connect NAGA to third-party trading platforms MT4 and MT5, which you can use on your iOS and Android devices. This option is best suited for more experienced online traders.

Much like eToro, NAGA also offers a top-rated mobile social trading app, so you're never more than a click away from checking in on your copied traders. When we explored the fee department, NAGA offers commission-free trading on forex, crypto, indices, commodities, and futures. However, there is a variable commission charged on stock CFDs and ETFs. This averages 0. There are no fees to deposit funds, which is another bonus. However, unlike eToro, NAGA charges a commission when you utilize the copy trading tool.

There is, of course, no copy trading commission applicable on losing positions. Finally, NAGA is authorized and regulated by CySEC. FXTM is primarily an online trading platform that specializes in forex and CFDs. Regarding the latter, this includes stocks, indices, commodities, and more. If, however, you're looking for a top-rated platform that also offers social trading features, FXTM has you covered.

Much like the other social platforms we have included in this social trading review thus far, FXTM allows you to select a trader based on your financial goals, according to your projected investment decisions.

For example, if you're looking to trade currencies in a completely passive nature, FXTM allows you to filter your search by the asset class - in this case, that's forex. Then, you can sort the list of suitable forex market traders by specific metrics - such as monthly average returns.

When it comes to the platform itself, FXTM supports MT4 as well as its own web-trader. Either way, FXTM offers some of the best trading fees n the industry. For example, if you opt for the Cent Account, you can trade commission-free.

There are also accounts suited for large-scale traders that come with zero spreads and a low flat commission. Leverage of up to is also offered by FXTM, albeit, your personal limits will be determined by whether or you are a retail or professional trader.

Finally, FXTM is heavily regulated in multiple jurisdictions, which includes a license with the FCA and CySEC. There is no guarantee you will make money with this provider. Although eToro is the industry leader in this space by some distance, there might come a time when you come across a social trading platform that we haven't discussed today.

If this is the case, you'll want to ensure that the platform is right for your trading goals before you open an account. The most important factors that you need to explore when searching for the best social trading platform are discussed in more detail below.

First and foremost, you need to check how 'social' your chosen platform is. For example, while some online brokers simply offer a copy or mirror trading service, others go one step further by offering a complete social experience. For example, eToro allows you to see what your fellow traders are speculating on once you click on an asset. For example, if you're thinking about trading Bitcoin, you'll find heaps of threads and discussions on the respective trading page.

You can join in the conversation by replying to specific posts, 'Like' your preferred viewpoints, and even follow an eToro trader that you like the look of. It is also important to assess whether your chosen social trading provider offers a proprietary platform. By this, we mean that you can access social and copy trading features directly from the provider's website, so there's no need to download or install any software.

We usually find that this is something offered by the best social trading platforms. For those unaware, MT4 is a third-party trading platform that is particularly popular with seasoned pros that use trading signal providers.

The platform essentially sits between you and your chosen broker. In addition to advanced trading tools, MT4 also offers social trading features.

At the forefront of this is the ability to copy other traders that are using the MT4 platform. This is something that more and more brokers are starting to offer, as they understand that some individuals want to invest passively. There are a wide variety of factors that will determine whether or not the copy trading feature offered is worth considering. We have come across social trading platforms that allow you to copy other traders using the site. But, in many cases, you only have a handful of traders to choose from.

This is problematic as there is little chance that you will find a trader that directly meets your financial goals and appetite to risk. At the other end of the spectrum, eToro is home to over , verified copy traders out of 17 million social investors. This is crucial, as you can really do some deep-digging on the trader before you decide to invest.

For example, you can view the historical trading performance of the individual - in terms of average monthly returns. You can also view the average trader duration, which illustrates whether they are a day trader, swing trader, or a long-term buy and hold investor.

Other important metrics that can be explored at eToro include preferred asset class, risk rating, and a full biography of the individual's experience and trading goals.

If you decide to use the copy trading feature at your chosen platform, it's important to assess what the minimum investment is. If the amount is too high, this can make it difficult to diversify. Some social trading platforms allow you to copy a trader like-for-like but offer no control over your portfolio.

This means that you are unable to add or remove assets yourself. eToro not only allows you to copy your chosen trader but easily adds individual assets to your portfolio as and when you see fit.

For example, you might be copying a forex day trader but at the same time - decide to invest in some blue chips. All social trading platforms are in the business of making money.

As such, you need to explore what fees you will be liable for before you open an account. Ultimately, if your chosen copy trader incorporates fees when buying and selling assets on your behalf, you should expect to pay a proportionate amount. It is important to remember that social trading platforms are still brokerage firms.

That is to say, they give you access to the financial markets, and thus - reputation and trust are crucial. This is why the best social trading platforms are heavily regulated by reputable financial bodies. For example, eToro is licensed by the FCA, ASIC, and CySEC. This means that your funds are stored in segregated bank accounts and all users must be verified. This also ensures that the social and copy trading features offered by eToro are monitored for fairness and transparency.

We should also note that there are two types of auto trading features that you might come across. This guide has so far discussed manual copy trading, meaning that you will be investing in a trader that performs their own research and personally places buy and sell orders.

With that said, some social trading platforms also support algorithmic trading. This means that you will be installing a software file that contained pre-programmed trading conditions. The 'robot' will then buy and sell assets in an autonomous manner - with trading decisions backed by AI and machine learning.

In order to benefit from this, your chosen social trading platform must be compatible with the likes of MT4, MT5, ZuluTrade, or cTrader broker platforms. Although AI trading does come with its benefits, it's a lot more risk-averse to stick with traditional copy trading services.

This is because robots are tasked only with following the underlying code of the software file based on an algorithm — meaning they are unable to assess real-time financial news feeds.

A prime example of this is a stock that releases worse-than-expected quarterly results, such as a drop in revenue or operating margin. A human copy trader would be fully aware of this and thus — this is the best way to go.

When searching for social traders to copy, you're likely going to base your decision on their historical trading results. Although this makes sense, it's important to remember that past performance is never a sure-fire indicator of future results. As such, it's best to test the trader out before risking any money.

Without a doubt, the best way of doing this is to copy the trader via a demo account. The best social trading platforms offer demo accounts that mirror real-world market conditions.

The best social trading platforms allow you to find your account with a debit or credit card, as this is usually processed instantly. eToro and NAGA also offer e-wallets. Some social trading platforms only support bank wire deposits, so expect to wait at least a couple of working days before the funds are credited.

If you've read our guide up to this point, you should now have a firm grasp of what to look for in a social trading platform. To conclude, we are now going to show you how to get started. The walkthrough below is based on industry-leading social trading provider eToro - which offers a regulated and commission-free way of accessing this market.

eToro is regulated by three financial bodies, so you'll need to go through an account opening process before you can get started. To get the ball rolling, head over to the eToro homepage and click on the 'Join Now' button. Here, you'll be asked to enter some personal information and contact details.

Want to be notified whenever they make a trade? REAL-TIME FOREX ALERTS Receive real-time trading alerts on all major Currencies, Commodities, Indices, Cryptocurrencies and more.

VISUALIZE YOUR PORTFOLIO Making informed trading decisions is the difference between profit and loss. FOLLOW OTHERS See what other traders are trading in real-time and enhance your trading skill. TRADERS ACADEMY Learn all about trading with our extensive video academy with weekly new videos. Live Forex - the app that allows you to follow the best traders and make the most profits! The following data may be collected and linked to your identity:.

Privacy practices may vary, for example, based on the features you use or your age. Learn More. App Store Preview. Screenshots iPad iPhone. Aug 3, Version 2. Notification related improvement. Ratings and Reviews. App Privacy. Information Seller Shachar Redler. Size Category Finance. Compatibility iPhone Requires iOS 8. iPad Requires iPadOS 8. iPod touch Requires iOS 8. Mac Requires macOS Languages English.

Copyright © Shachar Redler. Price Free. App Support. More By This Developer. Forex Signals Daily. Stock Signals Pro. You Might Also Like. Forex Signals App. M-ONE Mobile. Go Forex Signals. Forex Signals Live.

Best Forex Mirror Trading Software We have picked cMirror as the best forex mirror trading platform. The platform first offered services only to forex trading, but later extended support for CFDs as well. We have picked eToro as the best copy trading platform. Credit Card. But, if you want to get the full social trading experience, you might want to tick the 'Copy Open Trades' box.

Categories:

• Forex Bitcoin
• Forex
• Forex Brokers
• Binary Options
• Binary Options online