Looking for social trading platform to improve your portfolio? FP Markets Social Trading and Pepperstone Social Trading may help you.

Although the majority of traders conduct their own fundamental and technical analysis, there is a subset of traders that prefer to follow other people's analysis. If you are a part of this group, forex brokers offer social trading as the ultimate solution.

Social trading allows investors and traders to mirror the techniques of their peers or more seasoned traders, as well as copy their trades directly, in exchange for a certain amount of fee. The ones who provide the techniques are called "signal providers" or "professional traders", while those who enjoy the copy features may be called "followers" or "copiers".

Some brokers cooperate with third-party social trading platforms to connect their clients with a ready-made network of signal providers. Some others prefer to establish their own social trading ecosystem to provide services that are well-integrated with their trading platform. Pepperstone is an example of the former, whereas FP Markets is an example of the latter.

Let's compare FP Markets vs Pepperstone social trading to learn which is better.

FP Markets Vs Pepperstone Social Trading Comparison


FP Markets Social Trading

  • Social trading type: Proprietary copy trading
  • Trading platforms: Metatrader 4 and Metatrader5
  • Automated trading: available
  • Minimum deposit: $100

FP Markets offers a proprietary copy trading platform integrated with their client portal. You can register as a "copier" to copy successful traders, or as a "provider" to gain extra income from your trades.

Copier finds the best providers through the Rating Page in the Social Trading portal, then clicks "Follow" to duplicate their actions. Copiers may follow multiple providers with different trading strategies, also activate and deactivate any following with a single click.

The process is as easy as 3C: choose, copy, and control. All copying is done automatically 24/7, even when your device is switched off.

Wannabe providers must first have a live trading account with FP Markets that are open and operational, then register to a specific Provider Registration portal using their MT4/MT5 credentials. Afterward, they are free to create their own offers, decide on a performance fee, and the frequency of payment. FP Markets also provide access to Myfxbook where providers can track and showcase their account performance.


Pepperstone Social Trading

  • Social trading type: Third-party linking
  • Trading platforms: Metatrader 4 and Metatrader5
  • Automated trading: available
  • Minimum deposit: $200

Pepperstone provides an easy application and linking process to three social trading services: Myfxbook, MetaTrader Signals, and DupliTrade. Each has different advantages.

Myfxbook maintains one of the most popular portfolio tracking systems in the industry. Through their AutoTrade account mirroring tool, you can also replicate trades made by top trading systems on the platform, as well as build a diversified portfolio with no performance or management fees. And as AutoTrade operates on its own dedicated servers, you don't have to install any software on your end.

Metatrader Signals provide access to thousands of trading strategies and signals from successful traders in real-time. The costs are the lowest (there are 100% free signals too!). Additionally, the service enables followers to modify their trades while copying any strategy. You can close trades earlier, adjust capital allocation to a strategy, and modify stop-loss levels in accordance with your own arrangements.

Duplitrade deploys signals from verified and audited proprietary traders, allowing you to expand your trading skills and obtain a fundamental comprehension of professional approaches. It is the premium version of social trading with a minimum deposit of AUD$5,000.



So, which is better if we talk about FP Markets vs Pepperstone social trading? Both have their own benefits and disadvantages.

Beginners may find it easier to navigate around FP Markets' social trading portal. However, Pepperstone is more inclusive and provides access to a wider range of signal sources. Pepperstone will also be your best choice if you want to engage in social trading with larger amount of funds.