All social trading forex brokers offer some kind of trading platform that lets traders take part in the full social trading experience. Many of these platforms are quite different from each other, but they all have in common that it is easy to compare the performance of other traders against each other, copy the trades made by others, share one’s own trades, and often get information about how “the crowd” is trading.
Social trading platforms can be either web-based or downloadable desktop-based platforms, and they also often come in separate versions for smartphones and tablets. Most social trading platforms, however, are designed to be much easier to use than the traditional forex trading platforms that experienced traders are used to rely on. Because of this, social trading often appeals more to young and new traders, than traditional forex and CFD trading does.