Top 5 Social Trading Platforms in South America 2025

Social trading is transforming how people invest in South America. Platforms now allow users to replicate expert strategies, lowering barriers like high fees and complex tools. Here's a look at the top five platforms for 2025:

1. 3Commas: Known for automated trading bots like DCA and Grid, a marketplace for trading signals, and advanced portfolio management. Pricing starts at $0/month, with premium plans up to $99/month.
2. eToro: Offers a social trading ecosystem with features like CopyTrader and commission-free stock trading. Users can mimic strategies for as little as $200.
3. BingX: Focused on cryptocurrency, it supports copy trading and futures trading with competitive fees. Strong presence in Argentina and Brazil.
4. PrimeXBT: Multi-asset trading platform with high leverage (up to 1:1000) and copy trading. No monthly fees, making it affordable for diverse traders.
5. WunderTrading: Specializes in API-driven automation and advanced bots. Pricing starts at $4.95/month, offering a budget-friendly option.

Quick Comparison

Each platform caters to different needs, from beginners to advanced traders. Choose based on your goals, preferred assets, and budget.

Top 6 Social & Copy Trading Platforms of 2025

1. 3Commas

3Commas stands out as one of the most popular automated trading platforms, boasting over one million registered traders and an impressive $400 billion in trading volume. With more than 220,000 active users, it has become a go-to platform for South American traders looking for reliable automation and social trading tools.

Key Features

At its core, 3Commas shines through its variety of automated trading bots, each tailored for specific market conditions and strategies. These include:

• DCA bots for Dollar Cost Averaging
• Grid bots for navigating sideways markets
• Options bots
• HODL bots for long-term investment strategies

These bots enable traders to automate their strategies while benefiting from the collective insights of the platform's active community.

One standout feature is the marketplace, where users can browse and copy trading signals from other successful bots. To minimize risk, 3Commas also offers backtesting tools for DCA and Grid bots, letting traders evaluate strategies using historical data before committing real funds.

For those who prefer manual trading, the SmartTrade terminal offers advanced order placement and bot customization options. The platform integrates with multiple exchanges, giving users the ability to manage trades and monitor performance across accounts from a single interface. Additionally, its portfolio management tools allow users to track their performance and compare it with other traders.

In February 2025, 3Commas introduced an automated solution for asset managers, further expanding its offerings.

Pricing (USD)

3Commas uses a subscription-based pricing model with four tiers designed to meet different user needs:

• Free Plan: $0/month
• Starter Plan: $29/month (or $14.50/month with an annual subscription)
• Advanced Plan: $49/month (or $24.50/month with an annual subscription)
• Pro Plan: $99/month (or $49.50/month with an annual subscription)

Choosing an annual subscription cuts costs by 50%, making it an appealing option for traders planning to use the platform long-term.

User Experience

3Commas has received consistently high ratings across several review platforms, scoring 4.5/5 stars on Trustpilot, Capterra, and G2, and 4.2/5 on Google. Its mobile apps are even more highly regarded, with ratings of 4.6/5 on Google Play and 4.8/5 on the App Store.

"By far, 3Commas is the best option out there due to its user-friendly interface, transparency in transactions and reports, support 24/7, and vast knowledge available on the ins and outs of the software." - Miguel Lora

The platform also caters to beginners with comprehensive educational tools and a paper trading feature, allowing them to test strategies in a simulated environment. Users value the intuitive centralized dashboard, which consolidates all essential features, and the access to an active learning community. Whether on desktop or mobile, 3Commas ensures traders can manage their portfolios seamlessly from anywhere.

Regional Support

3Commas offers 24/7 customer support, ensuring assistance is always available.

"Love the software's convenience, allowing me to manage most of my crypto portfolios from one spot. Great software. Great convenience. Amazing uptime. Never had a problem in all my use." - Robert Fatcheric

For those new to automated trading, it’s wise to start small by testing strategies and bots on a demo account. When exploring the marketplace for bots to copy, prioritize those with realistic, consistent returns and a proven track record over bots promising extraordinary gains.

2. eToro

Launched in 2007, eToro has grown into one of the largest social trading platforms in the world, serving over 35 million users across more than 140 countries. It’s especially popular among South American traders who value its community-focused approach to investing.

Key Features

eToro’s standout offering is its social trading ecosystem, which incorporates social media-style features to help users connect, share insights, and learn from one another. The platform’s flagship CopyTrader feature allows investors to mimic the strategies of seasoned traders with as little as $200. Impressively, users can follow up to 100 traders simultaneously.

The platform provides access to over 3,000 global stocks and ETFs (commission-free for U.S. securities), 30+ cryptocurrencies across 80 countries, and CFDs for leveraged and short-selling trades outside the U.S.. For newer users, eToro offers Smart Portfolios - pre-designed, theme-based portfolios managed by its investment committee - and a demo account loaded with $100,000 in virtual funds for risk-free practice.

Other standout features include:

• A mobile app with advanced charting tools and real-time price alerts.
• The eToro Money Wallet, which provides secure cryptocurrency storage with two-factor authentication.
• Recurring deposit options and a wide range of educational resources, including webinars and tutorials.
• A Club Membership program that offers exclusive perks based on equity holdings.

Pricing (USD)

eToro uses a spread-based pricing model and operates accounts in USD. Key pricing details include:

• A flat 1% fee on all cryptocurrency trades.
• Commission-free stock trading for unleveraged buy orders.
• A $5 withdrawal fee, with a minimum withdrawal amount of $30.
• A $10 monthly inactivity fee after 12 months without logging in.

Currency conversion fees depend on the payment method and currency. For instance, converting EUR or GBP typically incurs a 150 PIPs fee. Leveraged trades carry a 0.09% commission, and non-U.S. users pay $0.50 per options contract. Spreads vary, with the EUR/USD pair averaging 1 pip. Club members may enjoy discounts on conversion fees, and EU residents can choose EUR accounts to minimize conversion costs.

User Experience

eToro strives to make trading accessible and transparent for both beginners and experienced traders. Its intuitive platform combines traditional trading tools with social features, and the mobile app is particularly user-friendly. The platform also offers extensive educational resources to help users improve their trading knowledge.

However, it’s worth noting that 61% of retail investor accounts lose money when trading CFDs with eToro. This highlights the need for caution, especially when dealing with leveraged products.

Regional Support

eToro is available in various South American countries, including Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Peru, and Uruguay. To cater to its regional audience, the platform provides Spanish-language customer service and directs inquiries to local specialists via its Help Center.

"In the vast sea of online trading platforms, eToro has managed to create a unique space for itself, not just through its features but through its robust multilingual support. As someone who has experienced this firsthand in multiple languages, I can confidently say they've made a global platform feel remarkably personal." – Wikitoro Team

eToro also emphasizes accessibility, offering features like secure profiles, support for vision-impaired users, accommodations for cognitive disabilities, and keyboard navigation options. Customer support is available 24/7 through live chat in English, WhatsApp, and dedicated account managers for personalized assistance.

3. BingX

BingX started as a crypto-focused social trading exchange and has grown into a major player in South America's cryptocurrency scene. With a global user base of over 10 million and more than 7 million copy trade relationships, it has gained significant traction, particularly in Argentina and Brazil, where it's one of the most widely used crypto exchanges [29,31,32].

Key Features

BingX's standout feature is its social trading system, which makes crypto trading approachable for traders of all skill levels. Its popular copy trading tool allows users to automatically mirror the strategies of successful traders. Additionally, the platform offers a rich library of trading signals designed to assist beginners [26,27,31]. BingX supports trading in over 800 cryptocurrencies across spot and derivatives markets and provides a range of financial products, including perpetual futures, standard futures, and spot trading, catering to various risk appetites and strategies [27,34].

Pricing (USD)

BingX uses a competitive maker/taker fee model, which varies depending on the type of trade and the user's VIP status. For spot trading, most pairs have a 0.1% maker fee and a 0.1% taker fee, though some pairs, like SHIB/USDT, offer a lower maker fee of 0.05% [34,35]. Perpetual futures trading fees are set at 0.020% for makers and 0.050% for takers, while standard futures charge a flat 0.045% fee, only applied when closing positions [32,34,36]. Deposits are free, but a 0.2% conversion fee applies if funds are deposited in a currency different from the account's base currency [34,35]. Withdrawal fees depend on the cryptocurrency and network used. Higher trading volumes over a 30-day period can unlock VIP benefits, which include reduced fees [32,34]. Overall, BingX's pricing structure is designed to remain competitive within the industry.

User Experience

BingX earns high marks for its user experience, boasting a 4.4-star rating on Trustpilot. Users frequently highlight its intuitive interface, diverse selection of traders to follow, and responsive customer support. Discussions on Reddit also reflect positive feedback, with many users appreciating the platform's extensive trading signal library and straightforward design. Beyond its copy trading tools, BingX offers educational resources to help traders better understand market trends and improve their trading skills over time.

Regional Support

BingX has placed a strong emphasis on the South American market, particularly in Argentina and Brazil. According to Similarweb data, these two countries are among its top markets. The platform operates in over 150 countries and provides comprehensive Spanish-language support, making it accessible to a broad audience [37,38]. In May 2024, BingX celebrated its sixth anniversary in Buenos Aires, underlining its commitment to the Argentine market. The company also sponsors local events to strengthen its presence in the region.

"Strengthening our presence in a country like Argentina fills us with emotion as it is a key country for us in an outstanding region such as Latin America. Argentina is leading the adoption of cryptocurrencies, not only in its region, but all over the world and we want our community there to continue to grow and continue to offer unparalleled experiences and trading opportunities in Argentina as well."

• Vivien Lin, BingX Chief Product Officer

BingX's focus on localization is evident through its dedicated team with expertise in local markets. The platform develops products and campaigns tailored specifically for regions like Argentina. It also offers a Spanish-language Telegram community and supports over 10 languages on Telegram, ensuring users can access assistance in their preferred language.

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4. PrimeXBT

PrimeXBT stands out as a multi-asset trading platform, catering to over 1,000,000 users globally, with a notable presence in key South American markets. It blends traditional financial trading with cryptocurrency options, making it a go-to choice for South American traders looking to diversify and adapt to shifting market needs.

Key Features

PrimeXBT offers a copy trading feature that allows users to replicate strategies from top-performing traders - an excellent tool for beginners. The platform supports trading across cryptocurrencies, Forex, commodities, and indices, with leverage options reaching up to 1:1000 for retail Forex trading. Accessibility is seamless, thanks to both web-based and mobile platforms. Additionally, the platform adheres to regulatory standards, being compliant with the Financial Sector Conduct Authority (FSCA) and Financial Services Commission (FSC). To reward active traders, PrimeXBT offers a bonus program with incentives surpassing $5,000 upon achieving specific trading milestones. All of this is paired with a transparent and competitive fee system.

Pricing (USD)

• Cryptocurrency CFDs: 0.05% transaction fee.
• Forex, Indices, and Commodities: No trading fees.
• Crypto Futures: Maker-taker fee model, with maker fees starting at 0.01% and taker fees adjusted based on trading volume .
• Withdrawals: Fees depend on the payment method, with some options being fee-free.

User Experience

PrimeXBT earns high marks for its user-friendly design, competitive fees, and substantial leverage options, reflected in a 4.0/5 rating by DailyForex.com. The platform also prioritizes trader education, offering a wealth of analytical tools and educational resources. Its reputation in the industry is bolstered by awards like Best Cryptocurrency Broker LATAM 2024, presented by the Peru Blockchain Conference. Beyond trading, PrimeXBT actively engages with local communities, further solidifying its regional credibility.

Regional Support

PrimeXBT goes the extra mile to support South American traders. The platform offers multilingual customer service in 15 languages, including Spanish and Portuguese (Brazil), making it easier for users to get assistance in their native language . Deposits in local currencies are automatically converted to USD, streamlining the funding process for regional users. In 2024, PrimeXBT partnered with a Mexican charity to provide school supplies, showcasing its commitment to local communities. Traders in South America also benefit from quick deposit and withdrawal options, supported by various local payment methods. However, it's important for users to consult legal and tax professionals in their respective countries to ensure compliance before using the platform.

5. WunderTrading

WunderTrading rounds out our top five as a cloud-based cryptocurrency trading platform known for its advanced automation tools. Particularly popular among South American traders, the platform boasts impressive stats: over 150,000 traders, 50,000 active bots, and a 30-day trading volume exceeding $500 million. With these numbers, it has cemented its place as a key player in the automated trading market.

Key Features

What sets WunderTrading apart is its API-driven automation and a versatile bot ecosystem that caters to both beginners and seasoned traders. Some of its standout features include:

• API-driven automation
• A variety of advanced bots (TradingView Signal, DCA, Grid, Smart Order, Futures)
• Easy integration with TradingView for deploying custom strategies
• A copy trading marketplace
• Multi-exchange portfolio management
• Tools for smart trading, spread trading, multiple account management, crypto portfolio tracking, arbitrage, and paper trading

These tools are designed to accommodate a wide range of trading strategies, offering flexibility through various pricing plans.

Pricing (USD)

WunderTrading uses a tiered subscription model. The free plan includes access to essential features like basic bot usage, copy trading, and paper trading. Paid plans start at $19.95 per month for the Basic plan, $39.95 per month for the Pro plan, and $89.95 per month for the Premium plan. For traders looking for long-term options, 12-month subscriptions come with discounts. Payments can be made using Visa, MasterCard, PayPal, over 10 cryptocurrencies, Apple Pay, and Google Pay. Additionally, the platform offers a 7-day refund policy and allows users to switch plans as needed.

User Experience

WunderTrading has garnered excellent feedback, with Cryptoradar users rating it 4.9/5 stars based on 15 reviews. Users frequently highlight its intuitive interface, quick execution, and responsive customer support. One Trustpilot user shared their experience:

"I've been using WunderTrading regularly to test my strategies in the last one and a half years. It does what I want from it. Speed is good. Execution is good."

• Burak Orkun, Trustpilot User

The platform's user-friendly design enables traders to build, backtest, and deploy bots without requiring coding skills, making algorithmic trading accessible to a broader audience.

Regional Support

While WunderTrading doesn’t offer programs specifically tailored to South America, it provides strong support that appeals to traders in the region. Its customer service is often praised for being prompt and helpful. As one user remarked:

"Support always answers your questions and brings you up to date if something doesn't work out."

• Di Valentine, Trustpilot

The platform’s robust infrastructure ensures reliable access, and its integration with major global exchanges provides traders with international liquidity and flexibility. These features are particularly valuable for South American users navigating complex local banking systems. Even without region-specific programs, WunderTrading’s global connectivity and dependable support make it a trusted choice for traders in the region.

Platform Comparison Chart

Here's a detailed comparison of the top 5 social trading platforms tailored for South American traders. This chart highlights essential features and considerations to help you choose the best platform for your needs.

This chart provides a snapshot of each platform's offerings and support for traders in the region. Below, we'll dive into some key observations to guide your decision.

Pricing varies significantly across platforms. BingX and PrimeXBT offer free access to their core features, making them appealing for budget-conscious traders. WunderTrading provides an affordable subscription at $4.95 per month, while 3Commas charges a premium $49 monthly fee, which includes advanced automation tools aimed at professional users. eToro, on the other hand, operates without a subscription fee, applying trading costs through spreads - an attractive option for casual traders.

Asset variety is another important factor. Platforms like 3Commas, BingX, and WunderTrading specialize in cryptocurrencies, catering to traders focused on digital assets. Meanwhile, eToro and PrimeXBT broaden their offerings by including traditional assets like stocks, forex, and commodities, helping users diversify their portfolios in response to local currency fluctuations.

User experience plays a big role in platform choice. BingX stands out for its mobile-friendly design, a significant advantage in South America, where smartphone usage is driving trading activity. According to recent data, over 70% of retail forex traders globally rely on mobile devices. Additionally, WunderTrading's cloud-based interface ensures consistent performance, while eToro's social trading features make it a favorite for those seeking a community-driven experience.

Each platform has its strengths, so your choice will depend on your trading goals, preferred assets, and budget. Use this comparison as a starting point to find the platform that fits your needs best.

Final Thoughts

eToro stands out as a great option for beginners, thanks to its user-friendly social interface and large global trading community. For those seeking advanced automation, 3Commas provides professional-grade tools at $49 per month, while WunderTrading offers a similar experience for just $4.95 monthly, making it an affordable choice for smaller accounts. BingX eliminates cost concerns with free access, and PrimeXBT caters to multi-asset traders who prefer professional tools without the burden of monthly fees. These overviews provide a starting point for choosing a platform that aligns with your trading approach.

For traders in South America, regional support can make a big difference. Juan from Colombia shared his experience:

"It's a very easy to use broker. I can make deposits from my bank account without complications. The support is amazing, they always respond quickly".

Regardless of the platform, practicing good risk management is essential to safeguard your investments. Use demo accounts to get familiar with trading tools, set strict loss limits, and diversify across multiple signal providers to reduce risk. When selecting a platform, consider factors like regulation, signal quality, reliability, and features such as stop-loss orders.

For a deeper dive into trading tools and platform comparisons, visit the Best Investing Tools Directory. It offers in-depth reviews of investment research services, trading software, and technical analysis tools to guide your decision-making process.

FAQs

What should I look for when selecting a social trading platform in South America?

When picking a social trading platform in South America, there are a few essential factors to keep in mind to ensure a safe and smooth experience. Start with regulation and security - choose a platform that’s monitored by well-known financial authorities and uses solid protections to keep your funds and personal data secure.

Next, take a close look at fees and transparency. Make sure you understand the cost structure and check for any hidden charges. It’s also helpful to opt for platforms that offer a variety of asset classes and provide user-friendly tools for risk management to help you trade smarter. Lastly, think about the platform’s usability and feedback from other traders, as these can make a big difference in how enjoyable and effective your trading journey will be.

How do the fees of social trading platforms affect my trading costs?

The fees associated with social trading platforms can play a big role in shaping your overall trading expenses. These typically include management fees, performance fees, spreads, and commissions. The exact charges depend on the platform. For instance, while some platforms might advertise 0% commissions on specific trades, they could still impose spreads or account maintenance fees.

When comparing platforms, it's essential to look at both fixed costs - like account fees - and variable costs, such as per-trade commissions, which might range between $1 and $2. These charges can accumulate over time, so having a clear understanding of the fee structure is key to staying on top of your trading budget.

What features make these social trading platforms beginner-friendly?

Many social trading platforms in South America cater specifically to beginners, offering tools that make it easier to dive into trading without prior expertise. One standout feature is copy trading, which lets users mirror the trades of seasoned investors. This approach allows newcomers to participate in the market while learning from more experienced traders.

These platforms also emphasize user-friendly design, with intuitive interfaces that simplify navigation. Additionally, they often include social features, such as discussion forums where users can exchange ideas, and educational resources to teach trading strategies and market insights.

By combining these tools, platforms create a supportive space where new traders can gain confidence and gradually develop their skills in an engaging and interactive setting.