1. Social Trader Tools
Cloud-based trade copying and account management platform for MetaTrader.
Social Trader Tools is a web-based management platform that connects directly to MetaTrader 4 and 5 accounts via cloud infrastructure. It enables traders to copy orders between accounts hosted with any broker, configure equity risk multipliers, define custom instrument mappings, and manage portfolios without installing local terminal software.
Pros
- Fully cloud-hosted without requiring a personal desktop or VPS setup
- Fast cross-broker order execution with built-in slippage controls
- Comprehensive white-label and signal provider management modules
Cons
- Limited to MetaTrader 4 and MetaTrader 5 ecosystems
- Monthly recurring cost scales quickly with high account counts
