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Social Trading Platform Market Size

  • Report ID: GMI12472
  • Published Date: Dec 2024
  • Report Format: PDF

Social Trading Platform Market Size

The global social trading platform market was valued at USD 3.2 billion in 2024 and is projected to grow at a CAGR of 9% between 2025 and 2034. The increase in online trading activities among retail investors is significantly driving the growth of the market.

 

As more individuals seek to manage their investments independently, platforms offering social trading functionalities such as copy trading and peer-driven insights are becoming increasingly attractive. For instance, according to the National Bureau of Economic Research, they reported, daily trading frequency nearly doubles (a 96 percent rise) and daily turnover the fraction of balances traded increases by 55%.
 

Retail investors leverage these platforms to make informed decisions by following experienced traders, thereby reducing the complexity of financial markets. This trend is further accelerated by the growing adoption of smartphones, improved internet access, and a shift toward digital financial services. The ease of access, combined with user-friendly tools and educational resources, has led to an influx of retail traders, thus expanding the market.
 

Moreover, mobile applications are a key growth driver in the social trading platform market. These apps allow users to access trading platforms anytime and anywhere, enhancing convenience for both novice and experienced investors. By implementing mobile-first strategies, platforms attract a broader audience by offering real-time market data, seamless transactions, and social interaction features on smartphones. This convenience particularly appeals to younger, tech-savvy investors who prefer mobile devices over traditional desktops. Additionally, mobile apps boost user engagement through features like push notifications, instant alerts, and intuitive interfaces, enriching the overall trading experience.

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The global market size for social trading platform was valued at USD 3.2 billion in 2024 and is projected to reach USD 6.7 billion by 2034, driven by a CAGR of 9% from 2025 to 2034.

Web-based platforms accounted for over 55% of the market share in 2024 and are expected to exceed USD 3.5 billion by 2034, driven by their accessibility and ease of use.

The North America market accounted for over 30% of the market share in 2024 and is expected to exceed USD 2 billion by 2034, driven by robust financial infrastructure and rapid adoption of advanced trading technologies.

Major players in the industry include AvaTrade, eToro, MetaTrader 5 (MT5), NAGA, OctaFX, Pepperstone, Robinhood, Tickmill, TradingView, and Wealthsimple.

Social Trading Platform Market Scope

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Premium Report Details

  • Base Year: 2024
  • Companies covered: 20
  • Tables & Figures: 200
  • Countries covered: 22
  • Pages: 180
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