Best UK Social Trading Brokers 2022: How to Copy Trades in UK?

Social trading platforms are growing in popularity as more and more people become familiar with the concept of copy trading. Below you can find and compare the top social trading brokers along with their main features, account types, and the platforms/apps they give you access to.

  • Regulated By FCA, ASIC & CySEC
  • Shares, Currencies, Indices & Commodities
  • Social Trading/Copy Trading
  • Free Practice Accoint
  • Friendly App & Platform
  • Multiple Payment Methods
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68% of retail cfd accounts lose money.

  • Group Entities Regulated By FCA, ASIC & CySEC
  • Invest in Shares, Indices, Forex CFDs & More
  • Place Long & Short Orders (Derivatives)
  • Low Spreads from 0 Pips
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74.7% of retail cfd accounts lose money.

  • Authorized By FCA
  • Competitive Spreads
  • Multiple Trading Platforms
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89% of retail cfd accounts lose money.

Q & A

Copy trading means automatically replicating the trade strategies and positions opened by an other traders on your account. For instance, if a trader has bought a certain share CFDs at £145.50 with a take profit order at £148.40 and stop-loss at $144.10, you could automatically copy this trade and open it in your account. The copy trading software will let you customize this trade by adjusting the trading amount and stop-loss levels. However, you should understand the associated risks before you start copying other traders.

 

 

Yes, copy trading is legal in the UK.

Social trading involves observing how other investors work and learning from them through monitoring their trade behaviour. Copy trading and mirror trading, on the other hand, involve copying the other investors’ strategies and replicating them on your trader account.

 

 

There is no standard amount on how much you can make copy trading in the UK. It will be massively dependent on such factors as the other trader’s win rate, frequency of trading, the trade amounts, instruments traded, trading fees, and markets in which you trade. It is important to note here that profits are not guaranteed, and any past performance is not a guarantee for future returns.

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