As you can see, the contemporary FX trading industry keeps on evolving. New trends emerge. Social trading seems to be one of the most popular new trends in the industry. Simply put, this is a way to unite all FX traders into a single global network. This gives them a good chance to make use of the expertise shared by other fellow traders.
With that said, anyone can benefit from social trading by taking his/her trading results to the next level. Social trading is a relatively young phenomenon. Still, it is growing at an unprecedented pace. Yet there is nothing to be surprised about the increasing popularity of social trading. The thing is that it makes FX trading popular among plain folks.
Anyway, when planning to dive deep into social trading, you cannot avoid the tasks of choosing a suitable FX broker for social trading. Choosing a reputable broker has always been a nightmare for most of the traders out there. Indeed, choosing a reputable FX broker is a hard task to accomplish. Luckily, if you one of those guys looking for a decent broker for social trading, Masterforex-V Academy has got you covered as well. A couple of months ago, the Academy introduced a standalone rating for the best FX brokers for social trading within the framework of Masterforex-V Expo. The rating is updated on a monthly basis to let you keep track of the latest changes and tendencies in the niche. The latest rating looks as follows:
The TOP 5:
- NordFX
- TradingBanks
- ActivTrades
- FXCM
- Interactive Brokers
They are followed by:
- Alpari Limited
- Saxo Bank
- Dukascopy Bank SA
- Swissquote Bank SA
- FXOpen
- FXCC
- YouTradeFX
- Weltrade
- FXDD
- xDirect
- Varengold Bank FX
- AAAFX
- AxiTrader
- IronFX
- MAXiFOREX
- TraderGlobal
