Many regulated forex brokers offer platforms that are designed with a social trading experience in mind. For starters, this involves having the opportunity to copy the trades made by other traders (“copy trading”), to share one’s own trades with others, and to get information about how other users of the platform are trading (“crowd trading”).
Social trading has become increasingly popular in recent years, much because it offers such a low barrier to entry into the world of trading. By automatically copying the trades made by more experienced traders, even complete beginners stand a fair chance at succeeding in the markets. And for those who are already profitable, social trading opens up great opportunities to earn extra income from followers who want to learn.