Social trading is when traders cooperate and learn to become part of a trader-friendly community, while copy trading is when you follow an expert and do it exactly their way.。

Social trading is like joining a group, sharing your own trading ideas, and learning from others.。In social trading, you are a member of the trading community and can chat with others。You can also see how they make their choices and even mimic their actions。Skilled traders are usually rewarded and there is also a leaderboard to show who is the most successful。

Copy trading, on the other hand, is more like having a leader that you trust to make the right decision。Instead of discussing ideas, you simply follow in their footsteps and do it exactly their way。It's like you have a very smart friend who always knows the right answer, so you copy their homework in order to get good grades in class。

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IC Markets is a company in International Capital Markets Pty Ltd..Online Forex Brokerage Company operated under。Brokers under Australian jurisdiction offer trading services in IC Markets-AU, based in Australia and licensed by ASIC。

Non-Australian traders, on the other hand, are registered under the Seychelles-based IC Markets SEY and are regulated by the SFSA.。This dual operation is ASIC's new rule, which prohibits its regulated brokers from offering trading services outside Australia.。

IC Markets, known as ECN Broker, offers clients optional trading platforms such as MetaTrader4, MetaTrader5 and cTrader。The broker follows market trends and includes cryptocurrencies as one of its products, enriching its already wide selection of trading assets, including currencies, indices, metals, energy, software, stocks and bonds.。

IC Markets has a medium minimum deposit of $200 compared to other ASIC regulated brokers。Market analysis materials are also regularly published on the official website of IC Markets, demonstrating its ability to provide traders with specialized market expert content。

For payment methods, IC Markets allows financing and withdrawals via wire transfers, credit cards, PayPal, Skrill, Neteller, FasaPay, UnionPay, and BitPay's Bitcoin。It also supports multiple base currencies, including the US dollar, Australian dollar, euro, British pound, Singapore dollar, New Zealand dollar, Japanese yen, Swiss franc, Hong Kong dollar and Canadian dollar.。

Since IC Markets' trading technology is equipped with highly centralized servers and extremely low latency (especially on cTrader), the broker is widely known for its ability to host high-frequency trading and order brushing capabilities。

In summary, IC Markets is a well-regulated broker with flexible base currencies and payment methods, welcoming traders from outside the country.。By the end of 2019, IC Markets had 18 foreign language websites available, including English, Korean, Indonesian, French, Spanish, Italian, Malay, German and Chinese.。

IC Social

IC Social is a new social trading application launched by IC Markets. It takes the form of an all-in-one mobile application that allows traders to execute trades, copy trades, and interact seamlessly with other users。

The app itself is powered by Pelican Trading, a London-based social trading platform provider。First, the app is still relatively new, so there may be some flaws as its signal provider base is still in its early stages。

However, as more and more traders discover the advantages and features of IC Social, its user base is likely to continue to expand, creating a stronger and more diverse trading community。

The main functions of IC Social are:

Copy Trading: You can track and copy the trades of experienced traders, which means you can automatically mimic their actions around the clock。Public Profile: Trader profiles show how they trade, perform and manage risk, helping you decide who to follow or imitate。Activity and feedback: You can get real-time feedback on the dynamics of the traders you follow。This keeps you up to date on what's going on in the market to make timely decisions。Instant information and sharing: you can chat and share information with other traders, you can easily learn and discuss with each other。Reverse trading: You can do the opposite with the signal provider, which is convenient when you think a different strategy may be more effective。Risk Replication Management: You will be given the tools to control your risk and you can set things like what risk you are willing to take and when to stop trading so that it fits into your risk plan。

To use the application, you need to open an MT4 trading account, which can be a standard account or an original account。Many ordinary traders prefer original accounts because their commissions are usually lower。

However, IC Social does not have any special advantages compared to other social trading applications. It provides basically the same functions as similar applications provided by different brokers and vendors。

A big disadvantage is that not many people use this app。On Google Play, it was downloaded just over 10,000 times, well below popular apps like ZuluTrade.。

ZuluTrade

ZuluTrade is a first-class social trading platform that allows ordinary people to follow and copy smart traders "trades on the forex and cryptocurrency markets.。

ZuluTrade also has a lot of tools to help you figure out which traders to follow.。You can see their trading history to see if they are good at this aspect。

ZuluTrade is like a friendly meeting place where traders can chat, share ideas, discuss what's happening in the market, it's a fun way to learn and part of the community。

Here are some of its main functions:

Trading platform: ZuluTrade allows you to connect your MetaTrader 4 (MT4) trading account with your ZuluTrade account。This gives you access to all the information you need and the tools to manage your investments。Trading tools: You can trade various tools on ZuluTrade。such as Forex, Stocks, Indices, Commodities and Cryptocurrencies。Copy Trading: ZuluTrade has more than 90,000 traders from different markets and you can imitate their practices, follow their strategies。Risk management tools: ZuluTrade gives you the tools to manage risk, and you can see real-time analytics to make better decisions。Mobile apps: ZuluTrade has a mobile app。Using the app, you can trade and manage investments quickly and easily from your phone。

The platform itself is super user-friendly and can be used smoothly with other tools such as MT4 and VPS。If you like social trading or imitating others, this app will be your best choice because it provides these two options。In addition, it has an area dedicated to cryptocurrency replication transactions.。

The special thing is that you can connect your broker account with more than 70 different top brokers through a ZuluTrade account。Available to both ordinary investors and traders。

But there is a problem, the social trading features on ZuluTrade are very basic, the minimum deposit, fees and available assets depend on the ZuluTrade broker you use.。

Signal Start

Signal Start by IC Markets is a first-class copy trading service that allows traders to imitate the trades of expert signal providers.。

As mentioned above, IC Markets Signal Start is a copy transaction, not a social transaction。You can only copy the accounts of successful traders, not community or communicate like a social trading platform。

Here are some of its main features:

Account Analysis: You can view past performance of signal providers。The analysis provides you with a wealth of information such as their trading history, how much they lost, and other important statistics, which helps you decide whether you want to replicate their trades。Strong support: If you need help or have questions, Signal Start will support you 24 / 7。You can contact their support team via email or chat。Superior technology: Signal Start uses smart technology to accurately copy transactions without worrying about delays or errors。Mobile Compatibility: Signal Start runs on different devices, including phones and tablets。Even on the move, you can always follow your copy trades。Fully managed: Your account is always connected to the platform, so your transactions can be copied smoothly without any interruption and without any worries。Multi-platform: Signal Start can connect to different trading platforms such as MetaTrader 4 and 5, which means you can copy signals from providers using these two platforms, thereby providing you with a variety of options that suit your own style。

Compared with other copy trading applications, Signal Start has the same facilities as other platforms, and the functions it provides can be found on most other copy trading platforms。

Comparison of three major trading platforms

If you want everything to be simple and don't want to spend too much time focusing on the traders you follow, Signal Start is a wise choice。

But if you want to chat with other traders to see how people who follow make decisions, ZuluTrade may be more for you。It's more practical and you can learn a lot about trading from the community。