Deriv Social Trading 2023

Established in 1999, Deriv is a multi-asset broker that provides its clients with trading instruments such as Forex assets, stocks, indices (including synthetic ones), CFDs, commodities and options.

The company also has several proprietary platforms for trading different financial markets, such as DTrader, DBot and DMT5.

Best Forex Brokers for Copy Trading

Copy trading is a form of social trading in which traders automatically copy the trades of other successful traders. It offers an advantageous way to gain exposure to financial markets and build an extensive knowledge base. Nonetheless, it's essential that you select the most suitable forex broker for copy trading based on your individual needs and preferences.

Traders Union experts advise evaluating the reliability and regulation of a copy trading broker before making a final decision. Furthermore, they highlight that there should be no hidden costs in either the copy system or underlying trading conditions.

The top forex brokers for copy trading have an established track record and are licensed in multiple regions. They offer competitive trading costs, sophisticated trading software platforms, and stringent regulatory guidelines.

One of the most popular platforms for copy trading is eToro, which boasts more than one million clients from 140 countries and offers a social platform that lets you automatically copy trades made by traders with an established track record. They even provide a demo account which allows you to practice with $100,000 worth of virtual money.

Another viable option is FP Markets, a reliable CFD and Forex broker regulated by ASIC and CySEC in Europe. Their Raw ECN account offers spreads starting from 0.0 pips on EUR/USD and other major pairs.

In addition to copy trading, FP Markets also offers other features that make it ideal for social trading, such as low minimums, rapid processing speed, reduced slippage and simple withdrawal methods. Furthermore, its MetaTrader 5 platform is popular among traders and offers an expansive selection of trading tools.

eToro boasts the world's largest social trading network, and their copy trade feature allows you to automatically follow trades of up to 100 traders simultaneously. Furthermore, the platform provides a wealth of charts, indicators, and other tools designed to help you comprehend the strategy behind a particular trader's success.


ZuluTrade is a social trading platform that enables users to copy the trading strategies of some of the world's top traders. They offer a free demo account and allow members to trade on various assets such as forex, commodities, indices, stocks, and cryptocurrencies.

Established in Greece in 2007, ZuluTrade has quickly grown into one of the premier copy trading platforms with 70+ brokers available and an array of tools for traders. Plus, they provide ZuluGuard - a feature designed to protect your funds and help prevent losses.

They partner with several top-tier brokers who offer trading on a wide selection of cryptos. It is essential to check the specific details of each broker you select so you don't end up paying extra fees for trading cryptocurrency when your broker only provides trading on certain currency pairs.

Social trading platforms use strict criteria when selecting which traders appear on their leaderboards and at the top of charts. This is an effective way to guard yourself against so-called 'lucky' traders who might be overtrading and causing losses to your account.

Through its extensive partnerships with top global brokers, clients are provided with maximum exposure across asset classes and strategy diversification - including the Forex market - which accounts for a substantial part of its traders' portfolios.

ZuluTrade boasts an impressive range of copy trading tools, making it one of the best social trading platforms available. These include ZuluGuard which protects your account and helps prevent losing funds; ZuluScripts which automates trading by creating EAs and scripts; and Automator which offers full automation solutions for ZuluTrade users.


TraderXP is a social trading platform that enables you to trade various financial assets. They also provide advanced tools for informed trades and portfolio management. Available in multiple languages, their customer support team provides 24/7 assistance.

No matter your level of experience or knowledge about investing, social trading platforms can be an invaluable asset to help boost your profits. But it's essential that you choose a reliable social trading platform with an established record for security and dependability.

When selecting a social trading platform, the initial step should always be research its reputation. This can be done through reading reviews from reliable sources and talking to other traders who have utilized the service. You can then compare different platforms based on pricing, features, platform type, region, support options and integrations available - plus much more!

Another critical element to consider when choosing a trading platform is the quality of its tools. These may include automated robots, chart software and analysis programs. Utilizing these resources can help maximize profits while decreasing risks.

Additionally, it's essential to search for a regulated social trading platform with oversight from an established regulator. Doing so will give you protection against scams and fraudulent activity.

TraderXP is an online broker providing access to various financial markets, such as forex, commodities and stocks. Their platform features an automated trading system which helps maximize profits and minimize risks. Plus it's user-friendly with support in multiple languages available 24/7 via chat, phone and email. Moreover, they provide educational resources and trading courses as well.


Alpari is one of the world's leading providers of online foreign exchange trading services. They provide a range of forex, CFD and cryptocurrency trading options in multiple languages. Furthermore, traders can access educational materials and research reports with ease.

No matter your level of experience, Alpari is an ideal platform to begin trading online. Their website offers an intuitive user interface, a wide selection of trading instruments and an exceptional support team that speaks multiple languages.

Their customer service team is available 24/7 via email, chat and phone in English, Spanish, French, German, Indonesian, Malay and Portuguese. Furthermore, they provide an extensive training program as well as various deposit and withdrawal options for their customers.

Alpari offers a range of account types to meet different trading needs, from simple cent accounts up to ECN MT4 accounts. Furthermore, the broker provides negative balance protection for its clients.

The Alpari trading platform is user-friendly, accessible from PCs, laptops or tablet devices. All you need is high-speed internet and Apple Mac compatibility - making it a popular option for traders seeking an efficient and secure platform.

Alpari International is a global brand with more than 2 million registered clients, striving to provide an up-to-date and dynamic platform for every trader. It provides over 250 trading instruments as well as an user-friendly website designed with all levels of expertise in mind.

To make a withdrawal from your Alpari account, log in and select the withdraw funds option. You have several options for payment such as credit/debit cards from MasterCard or Visa or PayPal; alternatively you may withdraw via bank transfer.


FXCM is a world-renowned broker offering forex and CFD trading. They boast an impressive selection of trading platforms and educational tools, including a free demo account for beginners.

Beginners and intermediate traders alike should consider this platform as it allows them to test out strategies without risking any money. Furthermore, there are various educational resources available, such as webinars and seminars.

The broker is strictly regulated by the UK's Financial Conduct Authority and other stringent regulatory organizations around the world. Their website features an insightful comparison guide to help you select the ideal platform for your requirements.

They provide a selection of trading platforms, such as MT4 and Trading Station. Furthermore, they have specialty platforms tailored towards algorithmic traders such as Capitalise AI - an industry-leading platform offering code-free creation of automated trading solutions.

Another beneficial feature is leverage trade, which enables you to take larger positions than what is available in your account. While this can increase gains and reduce losses, be mindful of the risks involved before commencing with it.

Before opening a trading account with any broker, it's essential to read their terms and conditions. Also make sure you are aware of how these conditions apply in your country. Furthermore, be mindful of any spreads or commission fees charged.

FXCM is a trustworthy broker with an excellent reputation worldwide, offering competitive prices, cutting-edge research tools, and multiple powerful platforms. Its customer support representatives are excellent and they provide extensive educational materials to both new and experienced traders alike.