Hedgemere Group
Social trading and copy trading are related, but they are not the same thing. Social trading is about following, discussing and learning from other traders; copy trading is the automatic replication of their trades. The best platforms allow both, but the distinction matters when you decide how involved you want to be.
What is the difference?
Think of it as a spectrum of involvement. social trading gives you a feed of traders, their ideas and their performance, so you decide what to act on. copy trading removes the manual step: once connected, a strategy's trades are replicated in your account automatically. Copy trading is a subset of the social trading world, aimed at people who want exposure without daily decisions.
What is a social trading account?
It is a platform or broker account with a social layer added: profiles, performance statistics, rankings and the ability to follow or copy others. The value of that account depends entirely on the quality and verification of the traders it lets you follow.
What to look for in the best social trading platforms
The best ones share one trait above all others: verified traders.
- Verified performance. Audited or live-connected results, not self-reported figures.
- Track record depth. Traders with multi-year records across different conditions.
- Transparent risk. Drawdown and risk metrics visible on every profile.
- Clear costs. Commissions and performance fees stated up front.
- Solid execution. A regulated broker behind the social layer.
Brokers with social trading
Many forex brokers now include a social or copy layer. When comparing them, apply the same discipline as with any broker: check the regulation, the execution quality and, above all, whether the traders you can follow have verified, durable track records. A polished social feed is no substitute for evidence.
Which model suits you?
If you enjoy learning and want to stay in control, a social trading account lets you follow ideas and act selectively. If you would rather delegate execution to a proven strategy, copy trading is the better fit. Many people start by following socially and move to copying once they find traders whose verified track records convince them.
Where QuantBy sits
QuantBy deliberately focuses on the copy trading end. Instead of an open ranking of anonymous profiles, it offers a selected set of institutional traders whose results are independently audited and confirmed on Myfxbook. The aim is fewer options, stronger and verified, rather than an endless feed.
Check the results for yourself
QuantBy is built exclusively on institutional traders, with results independently audited by Alpha Verification and confirmed live on Myfxbook — up to five years of track record you can review.
Frequently asked questions
Is social trading the same as copy trading?
No. Social trading is about following and learning from other traders, while copy trading automatically replicates their trades in your account. Copy trading is a subset of social trading focused on automated replication.
What are the best social trading platforms?
The strongest are the ones that verify trader performance independently, state risk clearly and run on regulated broker infrastructure. Prioritize verification and transparency over community size.
What is a social trading account?
It is a platform or broker account with a social layer: profiles, performance statistics and the ability to follow or copy other traders.
Do forex brokers offer social trading?
Many do, either natively or through an integrated provider. Assess them on their regulation, their execution and the verification of the traders you can follow.