Social Trading
Social trading is a platform-based technology that enables investors to observe, follow, and automatically copy the trading strategies of experienced traders in real-time. It combines elements of social networking with financial trading, allowing users to share insights, discuss market trends, and replicate trades across assets like stocks, forex, or cryptocurrencies. This approach democratizes trading by providing less-experienced users access to expert knowledge and automated execution.
Developers should learn social trading when building or integrating financial technology (fintech) applications, especially those focused on retail investing, copy trading, or community-driven platforms. It's valuable for creating features like leaderboards, automated trade copying, social feeds, and risk management tools, commonly used in brokerage apps, crypto exchanges, or investment platforms to enhance user engagement and accessibility.