Best Social Trading Platforms USA

Adam Rosen - Lead financial writer

Updated 17-Nov-2024

USA Social Trading Platforms

USA social trading platforms have seen huge growth over the last 3 years, allowing American traders to trade stocks and share, Forex currencies, cryptocurrencies, commodities, ETFs and CFDs.

A USA social trading platform is a tool that lets American traders create or join groups based on their investment strategy or any other criteria they may have in mind.

This gives USA traders access to ideas and strategies on these USA social trading platforms that they wouldn't have normally come across using traditional online financial sites such as forums or news sites.

USA social trading is following, discussing and copying another potentially more experienced traders from all over the worlds trades live as they happen and automatically mirroring those trades on your own USA account at your USA social trading broker.

Social trading involves American traders using the strategies of other traders on USA social trading platforms to help you with your own trading. It is essentially a way to copy another traders trades automatically with the aim to profit from them.

  • eToro Social Trading Platforms USA

    Visit eToro

    🀴 eToro is Used By: 20,000,000
    ⚑ eToro is Regulated by: Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC)

    πŸ’΅ What You Can Trade with eToro: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals, Agriculturals, ETFs,
    πŸ’΅ Instruments Available with eToro: 2000

    πŸ“ˆ eToro Inactivity Fees: Yes
    πŸ’° eToro Withdrawal Fees: Yes
    πŸ’° eToro Payment Methods: Credit cards, VISA, MasterCard, Maestro, Debit Cards, Bank Transfer, PayPal, Neteller, Skrill, WebMoney, Giropay, eWallets,

    eToro Risk warning : 51% of retail investor accounts lose money when trading CFDs with this provider.

  • ForexMart Social Trading Platforms USA

    Visit ForexMart

    🀴 ForexMart is Used By: 10,000
    ⚑ ForexMart is Regulated by: Cyprus Securities and Exchange Commission (CySEC)

    πŸ’΅ What You Can Trade with ForexMart: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals, ETFs, Bonds,
    πŸ’΅ Instruments Available with ForexMart: 111

    πŸ“ˆ ForexMart Inactivity Fees: No
    πŸ’° ForexMart Withdrawal Fees: 5
    πŸ’° ForexMart Payment Methods: Bank Transfer, Visa, MasterCard, Skrill, Neteller, PayCo, fasaPay, Qiwi, Union Pay, AliPay,

    ForexMart Risk warning : Your capital is at risk

  • ATFX Global Markets Social Trading Platforms USA

    Visit ATFX Global Markets

    🀴 ATFX Global Markets is Used By: 10,000
    ⚑ ATFX Global Markets is Regulated by: Cyprus Securities and Exchange Commission (CySEC)

    πŸ’΅ What You Can Trade with ATFX Global Markets: Forex, Minors, Majors, Exotics, Indices, Metals,
    πŸ’΅ Instruments Available with ATFX Global Markets: 57

    πŸ“ˆ ATFX Global Markets Inactivity Fees: No
    πŸ’° ATFX Global Markets Withdrawal Fees: 0
    πŸ’° ATFX Global Markets Payment Methods: Credit cards, Bank Transfer, American Express, MasterCard,

    ATFX Global Markets Risk warning : Your capital is at risk

  • SpeedTrader Social Trading Platforms USA

    Visit SpeedTrader

    🀴 SpeedTrader is Used By: 10,000
    ⚑ SpeedTrader is Regulated by: Financial Industry Regulatory Authority (FINRA), Securities Investor Protection Corporation (SIPC)

    πŸ’΅ What You Can Trade with SpeedTrader: Forex, Commodities, Indices, Stocks, Crypto, Futures
    πŸ’΅ Instruments Available with SpeedTrader: 207

    πŸ“ˆ SpeedTrader Inactivity Fees:
    πŸ’° SpeedTrader Withdrawal Fees: varies
    πŸ’° SpeedTrader Payment Methods: Credit cards, Skrill, Neteller,

    SpeedTrader Risk warning : Your capital is at risk

  • FX Next Social Trading Platforms USA

    Visit FX Next

    🀴 FX Next is Used By: 10,000
    ⚑ FX Next is Regulated by: Unregulated

    πŸ’΅ What You Can Trade with FX Next: Forex, Commodities, Indices, Stocks, Crypto, Futures
    πŸ’΅ Instruments Available with FX Next: 118

    πŸ“ˆ FX Next Inactivity Fees:
    πŸ’° FX Next Withdrawal Fees: varies
    πŸ’° FX Next Payment Methods: Bank Transfer, Credit cards, BitcoinΒ payments,

    FX Next Risk warning : Your capital is at risk

  • SoFi Invest Social Trading Platforms USA

    Visit SoFi Invest

    🀴 SoFi Invest is Used By: 10,000
    ⚑ SoFi Invest is Regulated by: Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC)

    πŸ’΅ What You Can Trade with SoFi Invest: Forex, Commodities, Indices, Stocks, Crypto, Futures
    πŸ’΅ Instruments Available with SoFi Invest: 204

    πŸ“ˆ SoFi Invest Inactivity Fees: No
    πŸ’° SoFi Invest Withdrawal Fees: No
    πŸ’° SoFi Invest Payment Methods: Bank Transfer,

    SoFi Invest Risk warning : Your capital is at risk

  • FX Private Social Trading Platforms USA

    Visit FX Private

    🀴 FX Private is Used By: 10,000
    ⚑ FX Private is Regulated by: Securities and Exchange Board of India (SEBI)

    πŸ’΅ What You Can Trade with FX Private: Forex, Commodities, Indices, Stocks, Crypto, Futures
    πŸ’΅ Instruments Available with FX Private: 119

    πŸ“ˆ FX Private Inactivity Fees:
    πŸ’° FX Private Withdrawal Fees: $100
    πŸ’° FX Private Payment Methods: Credit cards, Skrill, Neteller,

    FX Private Risk warning : Your capital is at risk

  • Sharekhan Social Trading Platforms USA

    Visit Sharekhan

    🀴 Sharekhan is Used By: 1,500,000
    ⚑ Sharekhan is Regulated by: Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange

    πŸ’΅ What You Can Trade with Sharekhan: Indian Exchange-Listed Stocks and ETFs, Options Contracts for Indian Exchange-Listed Stocks and ETFs
    πŸ’΅ Instruments Available with Sharekhan: 5000

    πŸ“ˆ Sharekhan Inactivity Fees: No
    πŸ’° Sharekhan Withdrawal Fees: No
    πŸ’° Sharekhan Payment Methods: Credit cards, Bank Transfer, PayPal, Debit cards,

    Sharekhan Risk warning : Your capital is at risk

  • Selftrade Social Trading Platforms USA

    Visit Selftrade

    🀴 Selftrade is Used By: 10,000
    ⚑ Selftrade is Regulated by: Financial Conduct Authority (FCA)

    πŸ’΅ What You Can Trade with Selftrade: Forex, Commodities, Indices, Stocks, Crypto, Futures
    πŸ’΅ Instruments Available with Selftrade: 202

    πŸ“ˆ Selftrade Inactivity Fees:
    πŸ’° Selftrade Withdrawal Fees: varies
    πŸ’° Selftrade Payment Methods: Credit cards, Skrill, Neteller,

    Selftrade Risk warning : Your capital is at risk

  • Global Prime Social Trading Platforms USA

    Visit Global Prime

    🀴 Global Prime is Used By: 10,000
    ⚑ Global Prime is Regulated by: Australian Securities and Investments Commission (ASIC), Australian Financial Services Licence (AFSL),

    πŸ’΅ What You Can Trade with Global Prime: Forex, Commodities, Indices, Stocks, Crypto, Futures
    πŸ’΅ Instruments Available with Global Prime: 128

    πŸ“ˆ Global Prime Inactivity Fees:
    πŸ’° Global Prime Withdrawal Fees: varies
    πŸ’° Global Prime Payment Methods: Credit cards, Debit cards, Skrill, Neteller, Bank Transfer, Union pay,

    Global Prime Risk warning : Your capital is at risk

  • Scotia iTrade Social Trading Platforms USA

    Visit Scotia iTrade

    🀴 Scotia iTrade is Used By: 10,000
    ⚑ Scotia iTrade is Regulated by: Investment Industry Regulatory Organization of Canada (IIROC)

    πŸ’΅ What You Can Trade with Scotia iTrade: Forex, Commodities, Indices, Stocks, Crypto, Futures
    πŸ’΅ Instruments Available with Scotia iTrade: 201

    πŸ“ˆ Scotia iTrade Inactivity Fees:
    πŸ’° Scotia iTrade Withdrawal Fees: varies
    πŸ’° Scotia iTrade Payment Methods: Credit cards, PayPal, Skrill, Neteller,

    Scotia iTrade Risk warning : Your capital is at risk

  • Grand Capital Social Trading Platforms USA

    Visit Grand Capital

    🀴 Grand Capital is Used By: 10,000
    ⚑ Grand Capital is Regulated by: Financial Commission (FinaCom)

    πŸ’΅ What You Can Trade with Grand Capital: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals, ETFs, Bonds,
    πŸ’΅ Instruments Available with Grand Capital: 129

    πŸ“ˆ Grand Capital Inactivity Fees:
    πŸ’° Grand Capital Withdrawal Fees: No
    πŸ’° Grand Capital Payment Methods: Credit cards, Skrill, Neteller,

    Grand Capital Risk warning : Your capital is at risk

  • Shaw and Partners Limited Social Trading Platforms USA

    Visit Shaw and Partners Limited

    🀴 Shaw and Partners Limited is Used By: 10,000
    ⚑ Shaw and Partners Limited is Regulated by: Unregulated

    πŸ’΅ What You Can Trade with Shaw and Partners Limited: Forex, Commodities, Indices, Stocks, Crypto, Futures
    πŸ’΅ Instruments Available with Shaw and Partners Limited: 203

    πŸ“ˆ Shaw and Partners Limited Inactivity Fees:
    πŸ’° Shaw and Partners Limited Withdrawal Fees: varies
    πŸ’° Shaw and Partners Limited Payment Methods: Credit cards, PayPal,

    Shaw and Partners Limited Risk warning : Your capital is at risk

  • SogoTrade Social Trading Platforms USA

    Visit SogoTrade

    🀴 SogoTrade is Used By: 10,000
    ⚑ SogoTrade is Regulated by: Financial Industry Regulatory Authority (FINRA)

    πŸ’΅ What You Can Trade with SogoTrade: Forex, Commodities, Indices, Stocks, Crypto, Futures
    πŸ’΅ Instruments Available with SogoTrade: 205

    πŸ“ˆ SogoTrade Inactivity Fees: Yes
    πŸ’° SogoTrade Withdrawal Fees: No
    πŸ’° SogoTrade Payment Methods: Credit cards, Skrill, Neteller, Bank Transfer,

    SogoTrade Risk warning : Your capital is at risk

  • FreshForex Social Trading Platforms USA

    Visit FreshForex

    🀴 FreshForex is Used By: 10,000
    ⚑ FreshForex is Regulated by: Commission for the regulation of relations on the financial market (KROUFR), The Centre for Regulation in OTC Financial Instruments and Technologies (CRFIN)

    πŸ’΅ What You Can Trade with FreshForex: Forex, Commodities, Indices, Stocks, Crypto, Futures
    πŸ’΅ Instruments Available with FreshForex: 116

    πŸ“ˆ FreshForex Inactivity Fees:
    πŸ’° FreshForex Withdrawal Fees: 5$
    πŸ’° FreshForex Payment Methods: Visa, Mastercard, Webmoney, Skrill, Neteller, Cryptocurrences, Internet Banking, Mobile Payments,

    FreshForex Risk warning : Your capital is at risk

  • Forexite Social Trading Platforms USA

    Visit Forexite

    🀴 Forexite is Used By: 10,000
    ⚑ Forexite is Regulated by: Belize's International Financial Services Commission (IFSC)

    πŸ’΅ What You Can Trade with Forexite: Forex, Commodities, Indices, Stocks, Crypto, Futures, CFDs
    πŸ’΅ Instruments Available with Forexite: 110

    πŸ“ˆ Forexite Inactivity Fees:
    πŸ’° Forexite Withdrawal Fees: varies
    πŸ’° Forexite Payment Methods: Bank Transfer, Credit cards, Skrill, Neteller,

    Forexite Risk warning : Your capital is at risk

  • Forex.com Social Trading Platforms USA

    Visit Forex.com

    🀴 Forex.com is Used By: 150,000
    ⚑ Forex.com is Regulated by: Financial Conduct Authority (FCA), Cayman Islands Monetary Authority (CIMA), Investment Industry Regulatory Organization of Canada (IIROC), National Futures Association (NFA)

    πŸ’΅ What You Can Trade with Forex.com: Forex, Minors, Majors, Exotics, Indices, Energies, Metals, Agriculturals, ETFs, IPO,
    πŸ’΅ Instruments Available with Forex.com: 4500

    πŸ“ˆ Forex.com Inactivity Fees: Yes
    πŸ’° Forex.com Withdrawal Fees: No
    πŸ’° Forex.com Payment Methods: Bank Transfer, Credit cards, Debit cards, Electronic wallets (eWallets), PayPal, Cheques or Checks, eChecks, Union Pay,

    Forex.com Risk warning : 74% of retail investor accounts lose money when trading CFDs with this provider

  • Forest Park FX Social Trading Platforms USA

    Visit Forest Park FX

    🀴 Forest Park FX is Used By: 10,000
    ⚑ Forest Park FX is Regulated by: Financial Conduct Authority (FCA)

    πŸ’΅ What You Can Trade with Forest Park FX: Forex, Majors, Indices, Energies, Metals, Agriculturals,
    πŸ’΅ Instruments Available with Forest Park FX: 102

    πŸ“ˆ Forest Park FX Inactivity Fees:
    πŸ’° Forest Park FX Withdrawal Fees: 0.025
    πŸ’° Forest Park FX Payment Methods: Paypal or Skrill, Credit cards, Debit cardss, Bank wire, Electronic wallets (eWallets),

    Forest Park FX Risk warning : Your capital is at risk

  • State One Stockbroking Limited Social Trading Platforms USA

    Visit State One Stockbroking Limited

    🀴 State One Stockbroking Limited is Used By: 10,000
    ⚑ State One Stockbroking Limited is Regulated by: Unregulated

    πŸ’΅ What You Can Trade with State One Stockbroking Limited: Forex, Commodities, Indices, Stocks, Crypto, Futures
    πŸ’΅ Instruments Available with State One Stockbroking Limited: 208

    πŸ“ˆ State One Stockbroking Limited Inactivity Fees:
    πŸ’° State One Stockbroking Limited Withdrawal Fees: varies
    πŸ’° State One Stockbroking Limited Payment Methods: Credit cards, PayPal, Skrill,

    State One Stockbroking Limited Risk warning : Your capital is at risk

  • STForex Social Trading Platforms USA

    Visit STForex

    🀴 STForex is Used By: 10,000
    ⚑ STForex is Regulated by: Financial Commission (FinaCom)

    πŸ’΅ What You Can Trade with STForex: Forex, Commodities, Indices, Stocks, Crypto, Futures
    πŸ’΅ Instruments Available with STForex: 209

    πŸ“ˆ STForex Inactivity Fees:
    πŸ’° STForex Withdrawal Fees: varies
    πŸ’° STForex Payment Methods: PayPal, Skrill, Neteller, Bank Transfer,

    STForex Risk warning : Your capital is at risk

How To Start Social Trading USA?

A USA social trading platform is simple to use and learn how to use.

Using the social trading platforms of these financial organisations, you may look for other American traders or traders from around the globe, that have the same trading technique as you do and have the same trading ideas as you do as well as the historical performance on the markets that you find favourable for your investment portfolio.

Once you've found the most suitable trader for your needs, you may easily copy their behaviour with a simple click on the USA social trading platform.

What Is USA Social Copy Trading?

USA social copy trading is an investment strategy that includes copying or mimicking the transactions of another investor's portfolio is referred to as social trading or social investing in USA. As a result, USA social trading platforms are used to do this. These USA platforms make it easy and quick for American investors to observe the activity of other traders and then mimic those moves in their own portfolios.

Advantages Of Social Trading Platforms USA

  • New American traders can speculate on financial markets by copying more experienced traders
  • All levels of American traders can view the trading history and posts of traders who have high levels of profitable trades.
  • American social trading is automated so some emotional risks are removed.
  • Other traders can critique and ask questions regarding trading strategies on USA social trading platforms.
  • USA social trading platforms will post the exact profit and loss history that they are able to verify.

Disadvantages Of USA Social Trading Platforms

  • Researching and finding traders that match your requirements on USA social trading platforms, to follow and copy takes time.
  • You still need to monitor the traders you follow and copy on USA social trading platforms. Otherwise you risk severe trading loss.
  • USA social trading can be at risk of trading based on hype and market sentiment. This type of trading is high risk and can be volatile for American traders.
  • You do not personally know the trader you are copying. You must do your own research and technical analysis on any trades you place.

What To Look For In A Trader On USA Social Trading Platforms

  • Check your USA copied traders career history, experience and profit and loss performance over the last 18 months.
  • Check how often your USA copied trader trades and at what volume.
  • Check your USA copied traders level of risk matches your own risk profile.
  • What is the feedback of people who follow and copy the traders you are shortlisting on your USA social trading platform.

Social trading is legal in The USA for American social traders. With over 20 million users worldwide platforms like eToro and others have helped to popularise social trading in many financial instruments including in the CFD (Contract for difference) industry. CFD trading However, has stringent rules and CFD trading platforms have strict regulatory rules for American investors. CFD trading on USA social trading platforms is also restricted or prohibited in some countries due to their high risk and use of leverage.

Crypto Social Trading Platforms

Most modern USA social trading platforms offer trading in the top stable cryptocurrency coins.

USA cryptocurrency social trading platforms are an excellent way to begin your cryptocurrency investment career. Starting on a USA social trading platform that allows you to trade in cryptocurrencies is one of the greatest places to get your feet wet. Our investigation of some of the most popular USA social trading platforms on the market is the subject of this article.

Is USA Social Trading Good For Beginners?

It is possible to copy the investment methods of a more experienced trader through the use of copy trading on USA social trading platforms. USA Copy trading can be a great option for anybody looking to earn money in the stock market, Forex and commodity markets. It is especially advantageous for American novice traders, but it is also good for professionals.

Why Use Social Trading Platforms

When it comes to USA social trading, the primary goal is to make the same amount of money as a successful investor on the social trading platform. However, it is important to be aware of the high degree of risks involved, as well as to grasp technical analysis in the context of the financial market into which you are venturing.

Is Social Trading Halal USA?

If there is no element of interest, deals are handled one-on-one, and the stocks, commodities, or currencies acquired do not violate or go against Islamic law, trading on USA social trading platforms is not considered haram.

Does USA Social Trading Cost Extra

USA social trading platforms do not have any extra fees to use USA social trading tools and features aside from the standard fees for that USA social trading platform.

How Do I Follow And USA Copy A Trader?

You will be able to search and research traders on USA social trading platforms without initally copying them. Take you time and do you own research. Research your shortlisted traders trading history, what they invest in, their risk level and what over people on the USA social trading platform say about them.

To begin automatically replicating your selected trader's positions, click on the Copy button on the toolbar. You may look for traders based on their performance, assets, risk score, and other factors on the USA trading platform. Choose a total amount for the copy; the proportions will be determined automatically based on that amount.


Best USA Social Trading Platforms Reviews

If USA isn’t quite what you are looking for you can check out some of the best USA alternatives below.

Best USA Social Trading Platforms Alternatives Guides

If you would like to see USA compared against some of the best USA social trading platforms alternatives available right now you can do so by clicking on the links below.