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Social Trading Platform Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Platform, End User and Asset Class

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    Report

  • 163 Pages
  • March 2022
  • Region: Global
  • The Insight Partners
  • ID: 5576270

Social Trading Platform Market is expected to reach US$ 3,774.17 million by 2028

The scope of the recent study, titled 'Social Trading Platform Market Forecast to 2028 - COVID-19 Impact and Analysis - by Platform (PC and Mobile), End User (Individual Traders and Professional Traders), and Asset Class (Equity, Commodity, Derivatives, Crypto, and Others),' includes the description of factors fueling the market growth, estimation and forecast of revenue, and identification of significant market players and their key developments, along with providing market share analysis.



The social trading platform market is projected to reach US$ 3,774.17 million by 2028 from US$ 2,229.56 million in 2021. It is expected to register a CAGR of 7.8% from 2021 to 2028.

Social trading is a type of investment that allows users to watch how their peers and trading professionals act to duplicate or copy their trading techniques. It takes very little financial market understanding and saves money as compared to hiring traditional wealth managers. It follows social media norms, which are primarily communication, information sharing, mutual assistance, and collaboration. Traders can either mimic other people's deals or deploy their funds proportionately in the same portfolio. Social trading is a method of assessing financial data that involves observing other traders and comparing and imitating their approaches and plans. As a result, the beginners' trading game improves while the chance of losing money decreases.

Impact of COVID-19 Pandemic on Social Trading Platform Market


The demand for social trading was prevalent before the COVID-19 pandemic due to the growing Internet penetration in North America. As per Digital 2019 Reports published by Data Reportal in January 2019, Internet users in the US grew by almost 9% every year, reaching more than 310 million users in January 2019. Thus, the rising need for internet supported the social trading platform market growth in North America before the COVID-19 pandemic.

In 2020, the increase in the unemployment rates hindered the rise of the social trading platform market. According to Pew Research Center, the economic downturn across the region resulted in an increase in unemployed North Americans by more than 14 million in 2020 (from 6.2 million in February 2020 to 20.5 million in May 2020). As a result, the US unemployment rate shot up from 3.8% in February 2020. The rise in unemployed workers due to the pandemic negatively impacted the trading industry. Therefore, the overall impact of the COVID-19 pandemic on the social trading platform market in North America has been negative.

The online trading industry is expanding significantly with the evolution of advanced technologies. Due to the COVID-19 pandemic, the online trading pattern strengthened in 2020. According to the article published by Chatbots Life, it has also been observed that over 2.14 billion people worldwide bought goods and services online in 2021, which resulted in the significant evolvement of the online trading industry globally. Due to this, a challenge for traders to keep up with the pace of change to stay current and process every task is also increasing. Thus, integrating AI-based chatbots is essential for trading organizations to enhance the customer experience and productivity, contributing to the social trading platform market growth.

Based on the platform, the social trading platform market is segmented into PC and mobile. The trading apps in mobile have made life easier for the traders as well as stock brokers. Mobile trading has become a growing rage amongst young traders as it has made the entire trading experience much efficient. Thus, growth in mobile segment is expected to drive the social trading platform market over the forecast period.

Based on end users, the market is segmented into individual traders and professional traders. Retail investors typically invest in stocks and bonds but mostly in stocks since bonds are difficult to trade on most trading platforms Retail individual does trading through mobile based applications owing higher reliability and easy to operate. Thus, associated advantages and growing trend among young population is fueling the individual traders to invest in exchange market which is further anticipated to drive the social trading platform market growth.

Based on asset class, the market is segmented into equity, commodity, derivatives, crypto, and others. Increase in demand for crypto currency among banks, and financial institutions and untapped potential from emerging economies are expected to provide lucrative growth prospects for adopting crypto. Growing demand for application based platform is the most convenient medium for trading the crypto which is further fueling the social trading platform market over the forecast period.

The social trading platform market, based on geography, is segmented primarily into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). In 2021, North America accounted for the largest share in the global augmented social trading platform market

Reasons to Buy
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global social trading platform market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the global social trading platform market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Frequently Asked Questions about the Global Social Trading Platform Market

What is the estimated value of the Global Social Trading Platform Market?

The Global Social Trading Platform Market was estimated to be valued at $2229.6 Million in 2021.

What is the growth rate of the Global Social Trading Platform Market?

The growth rate of the Global Social Trading Platform Market is 7.8%, with an estimated value of $3774.2 Million by 2028.

What is the forecasted size of the Global Social Trading Platform Market?

The Global Social Trading Platform Market is estimated to be worth $3774.2 Million by 2028.

Who are the key companies in the Global Social Trading Platform Market?

Key companies in the Global Social Trading Platform Market include Etoro, A, Trade, Zulutrade, Tornado, Metaquotes, Primexbt, Pepperstone Markets Limited and Octa Markets Incorporated.

Table of Contents

1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 Global Social Trading Platform Market - By Platform
1.3.2 Global Social Trading Platform Market - By End user
1.3.3 Global Social Trading Platform Market - By Asset Class
1.3.4 Global Augmented Reality and Virtual Reality Market - By Geography
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Social Trading Platform Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 Asia Pacific
4.2.4 MEA
4.2.5 SAM
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Social Trading Platform Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Need of Customized Trading Platforms
5.1.2 Rising Benefits of Integration of Chatbots with Trading Platforms
5.2 Market Restraints
5.2.1 Stringent Rules and Regulations and Lack of Awareness about Online Trading
5.3 Market Opportunities
5.3.1 Rising Surge in the Internet Penetration Globally
5.4 Future Trends
5.4.1 Artificial Intelligence drives the Adoption of Social Trading Platforms
5.5 Impact Analysis of Drivers and Restraints
6. Social Trading Platform Market -Regional Analysis
6.1 Social Trading Platform Market Global Overview
6.2 Social Trading Platform Market - Revenue and Forecast to 2028 (US$ Million)
6.3 Market Positioning - Five Key Players
7. Social Trading Platform Market Analysis - By Platform
7.1 Overview
7.2 Social Trading Platform Market, By Platform (2020 and 2028)
7.3 PC
7.3.1 Overview
7.3.2 PC: Social Trading Platform Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Mobile
7.4.1 Overview
7.4.2 Mobile: Social Trading Platform Market - Revenue and Forecast to 2028 (US$ Million)
8. Social Trading Platform Market - By End user
8.1 Overview
8.2 Social Trading Platform Market, By End user (2020 and 2028)
8.3 Individual Traders
8.3.1 Overview
8.3.2 Individual Traders: Social Trading Platform Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Professional Traders
8.4.1 Overview
8.4.2 Professional Traders: Social Trading Platform Market - Revenue and Forecast to 2028 (US$ Million)
9. Social Trading Platform Market - By Asset Class
9.1 Overview
9.2 Social Trading Platform Market, By Asset class (2020 and 2028)
9.3 Equity
9.3.1 Overview
9.3.2 Equity: Social Trading Platform Market - Revenue and Forecast to 2028 (US$ Million)
9.4 Commodity
9.4.1 Overview
9.4.2 Commodity: Social Trading Platform Market - Revenue and Forecast to 2028 (US$ Million)
9.5 Derivatives
9.5.1 Overview
9.5.2 Derivatives: Social Trading Platform Market - Revenue and Forecast to 2028 (US$ Million)
9.6 Crypto
9.6.1 Overview
9.6.2 Crypto: Social Trading Platform Market - Revenue and Forecast to 2028 (US$ Million)
9.7 Others
9.7.1 Overview
9.7.2 Others: Social Trading Platform Market - Revenue and Forecast to 2028 (US$ Million)
10. Social Trading Platform Market - Geographic Analysis
10.1 Overview
10.2 North America: Social Trading Platform Market
10.2.1 Overview
10.2.2 North America Social Trading Platform Market, Revenue and Forecast to 2028 (US$ million)
10.2.3 North America Social Trading Platform Market Breakdown, By Platform
10.2.4 North America Social Trading Platform Market Breakdown, By End User
10.2.5 North America Social Trading Platform Market Breakdown, By Asset Class
10.2.6 North America Social Trading Platform Market Breakdown, by Country
10.2.6.1 US Social Trading Platform Market, Revenue and Forecast to
10.2.6.1.1 US Social Trading Platform Market Breakdown, By Platform
10.2.6.1.2 US Social Trading Platform Market Breakdown, By End User
10.2.6.1.3 US Social Trading Platform Market Breakdown, By Asset Class
10.2.6.2 Canada Social Trading Platform Market, Revenue and Forecast to
10.2.6.2.1 Canada Social Trading Platform Market Breakdown, By Platform
10.2.6.2.2 Canada Social Trading Platform Market Breakdown, By End User
10.2.6.2.3 Canada Social Trading Platform Market Breakdown, By Asset Class
10.2.6.3 Mexico Social Trading Platform Market, Revenue and Forecast to
10.2.6.3.1 Mexico Social Trading Platform Market Breakdown, By Platform
10.2.6.3.2 Mexico Social Trading Platform Market Breakdown, By End User
10.2.6.3.3 Mexico Social Trading Platform Market Breakdown, By Asset Class
10.3 Europe: Social Trading Platform Market
10.3.1 Overview
10.3.2 Europe Social Trading Platform Market Revenue and Forecast to 2028 (US$ million)
10.3.3 Europe Social Trading Platform Market Breakdown, By Platform
10.3.4 Europe Social Trading Platform Market Breakdown, By End User
10.3.5 Europe Social Trading Platform Market Breakdown, By Asset Class
10.3.6 Europe Social Trading Platform Market Breakdown, by Country
10.3.6.1 Germany Social Trading Platform Market, Revenue and Forecast to
10.3.6.1.1 Germany Social Trading Platform Market Breakdown, By Platform
10.3.6.1.2 Germany Social Trading Platform Market Breakdown, By End User
10.3.6.1.3 Germany Social Trading Platform Market Breakdown, By Asset Class
10.3.6.2 France Social Trading Platform Market, Revenue and Forecast to
10.3.6.2.1 France Social Trading Platform Market Breakdown, By Platform
10.3.6.2.2 France Social Trading Platform Market Breakdown, By End User
10.3.6.2.3 France Social Trading Platform Market Breakdown, By Asset Class
10.3.6.3 Italy Social Trading Platform Market, Revenue and Forecast to
10.3.6.3.1 Italy Social Trading Platform Market Breakdown, By Platform
10.3.6.3.2 Italy Social Trading Platform Market Breakdown, By End User
10.3.6.3.3 Italy Social Trading Platform Market Breakdown, By Asset Class
10.3.6.4 UK Social Trading Platform Market, Revenue and Forecast to
10.3.6.4.1 UK Social Trading Platform Market Breakdown, By Platform
10.3.6.4.2 UK Social Trading Platform Market Breakdown, By End User
10.3.6.4.3 UK Social Trading Platform Market Breakdown, By Asset Class
10.3.6.5 Russia Social Trading Platform Market, Revenue and Forecast to
10.3.6.5.1 Russia Social Trading Platform Market Breakdown, By Platform
10.3.6.5.2 Russia Social Trading Platform Market Breakdown, By End User
10.3.6.5.3 Russia Social Trading Platform Market Breakdown, By Asset Class
10.3.6.6 Rest of Europe Social Trading Platform Market, Revenue and Forecast to
10.3.6.6.1 Rest of Europe Social Trading Platform Market Breakdown, By Platform
10.3.6.6.2 Rest of Europe Social Trading Platform Market Breakdown, By End User
10.3.6.6.3 Rest of Europe Social Trading Platform Market Breakdown, By Asset Class
10.4 APAC: Social Trading Platform Market
10.4.1 Overview
10.4.2 APAC Social Trading Platform Market, Revenue and Forecast to 2028 (US$ million)
10.4.3 APAC Social Trading Platform Market Breakdown, By Platform
10.4.4 APAC Social Trading Platform Market Breakdown, By End User
10.4.5 APAC Social Trading Platform Market Breakdown, By Asset Class
10.4.6 APAC Social Trading Platform Market Breakdown, by Country
10.4.6.1 Australia Social Trading Platform Market, Revenue and Forecast to 2028 (US$ million)
10.4.6.1.1 Australia Social Trading Platform Market Breakdown, By Platform
10.4.6.1.2 Australia Social Trading Platform Market Breakdown, By End User
10.4.6.1.3 Australia Social Trading Platform Market Breakdown, By Asset Class
10.4.6.2 China Social Trading Platform Market, Revenue and Forecast to 2028 (US$ million)
10.4.6.2.1 China Social Trading Platform Market Breakdown, By Platform
10.4.6.2.2 China Social Trading Platform Market Breakdown, By End User
10.4.6.2.3 China Social Trading Platform Market Breakdown, By Asset Class
10.4.6.3 India Social Trading Platform Market, Revenue and Forecast to 2028 (US$ million)
10.4.6.3.1 India Social Trading Platform Market Breakdown, By Platform
10.4.6.3.2 India Social Trading Platform Market Breakdown, By End User
10.4.6.3.3 India Social Trading Platform Market Breakdown, By Asset Class
10.4.6.4 Japan Social Trading Platform Market, Revenue and Forecast to 2028 (US$ million)
10.4.6.4.1 Japan Social Trading Platform Market Breakdown, By Platform
10.4.6.4.2 Japan Social Trading Platform Market Breakdown, By End User
10.4.6.4.3 Japan Social Trading Platform Market Breakdown, By Asset Class
10.4.6.5 South Korea Social Trading Platform Market, Revenue and Forecast to 2028 (US$ million)
10.4.6.5.1 South Korea Social Trading Platform Market Breakdown, By Platform
10.4.6.5.2 South Korea Social Trading Platform Market Breakdown, By End User
10.4.6.5.3 South Korea Social Trading Platform Market Breakdown, By Asset Class
10.4.6.6 Rest of APAC Social Trading Platform Market, Revenue and Forecast to 2028 (US$ million)
10.4.6.6.1 Rest of APAC Social Trading Platform Market Breakdown, By Platform
10.4.6.6.2 Rest of APAC Social Trading Platform Market Breakdown, By End User
10.4.6.6.3 Rest of APAC Social Trading Platform Market Breakdown, By Asset Class
10.5 MEA: Social Trading Platform Market
10.5.1 Overview
10.5.2 MEA Social Trading Platform Market, Revenue and Forecast to 2028 (US$ million)
10.5.3 MEA Social Trading Platform Market Breakdown, By Platform
10.5.4 MEA Social Trading Platform Market Breakdown, By End User
10.5.5 MEA Social Trading Platform Market Breakdown, By Asset Class
10.5.6 MEA Social Trading Platform Market Breakdown, By Country
10.5.6.1 Saudi Arabia Social Trading Platform Market, Revenue and Forecast to 2028 (US$ million)
10.5.6.1.1 Saudi Arabia Social Trading Platform Market Breakdown, By Platform
10.5.6.1.2 Saudi Arabia Social Trading Platform Market Breakdown, By End User
10.5.6.1.3 Saudi Arabia Social Trading Platform Market Breakdown, By Asset Class
10.5.6.2 UAE Social Trading Platform Market, Revenue and Forecast to 2028 (US$ million)
10.5.6.2.1 UAE Social Trading Platform Market Breakdown, By Platform
10.5.6.2.2 UAE Social Trading Platform Market Breakdown, By End User
10.5.6.2.3 UAE Social Trading Platform Market Breakdown, By Asset Class
10.5.6.3 South Africa Social Trading Platform Market, Revenue and Forecast to 2028 (US$ million)
10.5.6.3.1 South Africa Social Trading Platform Market Breakdown, By Platform
10.5.6.3.2 South Africa Social Trading Platform Market Breakdown, By End User
10.5.6.3.3 South Africa Social Trading Platform Market Breakdown, By Asset Class
10.5.6.4 Rest of MEA Social Trading Platform Market, Revenue and Forecast to 2028 (US$ million)
10.5.6.4.1 Rest of MEA Social Trading Platform Market Breakdown, By Platform
10.5.6.4.2 Rest of MEA Social Trading Platform Market Breakdown, By End User
10.5.6.4.3 Rest of MEA Social Trading Platform Market Breakdown, By Asset Class
10.6 SAM: Social Trading Platform Market
10.6.1 Overview
10.6.2 SAM Social Trading Platform Market, Revenue and Forecast to 2028 (US$ million)
10.6.3 SAM Social Trading Platform Market Breakdown, By Platform
10.6.4 SAM Social Trading Platform Market Breakdown, By End User
10.6.5 SAM Social Trading Platform Market Breakdown, By Asset Class
10.6.6 SAM Social Trading Platform Market Breakdown, By Country
10.6.6.1 Brazil Social Trading Platform Market, Revenue and Forecast to
10.6.6.1.1 Brazil Social Trading Platform Market Breakdown, By Platform
10.6.6.1.2 Brazil Social Trading Platform Market Breakdown, By End User
10.6.6.1.3 Brazil Social Trading Platform Market Breakdown, By Asset Class
10.6.6.2 Argentina Social Trading Platform Market, Revenue and Forecast to
10.6.6.2.1 Argentina Social Trading Platform Market Breakdown, By Platform
10.6.6.2.2 Argentina Social Trading Platform Market Breakdown, By End User
10.6.6.2.3 Argentina Social Trading Platform Market Breakdown, By Asset Class
10.6.6.3 Rest of SAM Social Trading Platform Market, Revenue and Forecast to
10.6.6.3.1 Rest of SAM Social Trading Platform Market Breakdown, By Platform
10.6.6.3.2 Rest of SAM Social Trading Platform Market Breakdown, By End User
10.6.6.3.3 Rest of SAM Social Trading Platform Market Breakdown, By Asset Class
11. Social Trading Platform Market- COVID-19 Impact Analysis
11.1 Overview
11.2 North America: Impact Assessment of Covid-19 Pandemic
11.3 Europe: Impact Assessment of Covid-19 Pandemic
11.4 Asia Pacific: Impact Assessment of Covid-19 Pandemic
11.5 Middle East & Africa: Impact Assessment of Covid-19 Pandemic
11.6 South America: Impact Assessment of Covid-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Merger and Acquisition
12.4 New Development
13. Company Profiles
13.1 eToro
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 A-Trade
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 ZuluTrade
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Tornado
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 MetaQuotes
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 PrimeXBT
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Pepperstone Markets Limited
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Tickmill
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Octa Markets Incorporated
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Assetgro Fintech Pvt. Ltd (Stockgro)
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
13.11 Public Holding, Inc.
13.11.1 Key Facts
13.11.2 Business Description
13.11.3 Products and Services
13.11.4 Financial Overview
13.11.5 SWOT Analysis
13.11.6 Key Developments
13.12 Naga Group AG
13.12.1 Key Facts
13.12.2 Business Description
13.12.3 Products and Services
13.12.4 Financial Overview
13.12.5 SWOT Analysis
13.12.6 Key Developments
13.13 Snowball X
13.13.1 Key Facts
13.13.2 Business Description
13.13.3 Products and Services
13.13.4 Financial Overview
13.13.5 SWOT Analysis
13.13.6 Key Developments
14. Appendix
14.1 About the Publisher
14.2 Word Index
List of Tables
Table 1. Social Trading Platform Market - Revenue and Forecast to 2028 (US$ Million)
Table 2. North America Social Trading Platform Market, Revenue and Forecast To 2028 - By Platform (US$ million)
Table 3. North America Social Trading Platform Market, Revenue and Forecast To 2028 - By End User (US$ million)
Table 4. North America Social Trading Platform Market, Revenue and Forecast To 2028 - By Asset Class (US$ million)
Table 5. North America Social Trading Platform Market, Revenue and Forecast To 2028 - By Country (US$ million)
Table 6. US Social Trading Platform Market, Revenue and Forecast to 2028 - By Platform (US$ million)
Table 7. US Social Trading Platform Market, Revenue and Forecast to 2028 - By End User (US$ million)
Table 8. US Social Trading Platform Market, Revenue and Forecast to 2028 - By Asset Class (US$ million)
Table 9. Canada Social Trading Platform Market, Revenue and Forecast to 2028 - By Platform (US$ million)
Table 10. Canada Social Trading Platform Market, Revenue and Forecast to 2028 - By End User (US$ million)
Table 11. Canada Social Trading Platform Market, Revenue and Forecast to 2028 - By Asset Class (US$ million)
Table 12. Mexico Social Trading Platform Market, Revenue and Forecast to 2028 - By Platform (US$ million)
Table 13. Mexico Social Trading Platform Market, Revenue and Forecast to 2028 - By End User (US$ million)
Table 14. Mexico Social Trading Platform Market, Revenue and Forecast to 2028 - By Asset Class (US$ million)
Table 15. Europe Social Trading Platform Market, Revenue and Forecast To 2028 - By Platform (US$ million)
Table 16. Europe Social Trading Platform Market, Revenue and Forecast To 2028 - By End User (US$ million)
Table 17. Europe Social Trading Platform Market, Revenue and Forecast To 2028 - By Asset Class (US$ million)
Table 18. Europe Social Trading Platform Market, Revenue and Forecast To 2028 - By Country (US$ million)
Table 19. Germany Social Trading Platform Market, Revenue and Forecast to 2028 - By Platform (US$ million)
Table 20. Germany Social Trading Platform Market, Revenue and Forecast to 2028 - By End User (US$ million)
Table 21. Germany Social Trading Platform Market, Revenue and Forecast to 2028 - By Asset Class (US$ million)
Table 22. France Social Trading Platform Market, Revenue and Forecast to 2028 - By Platform (US$ million)
Table 23. France Social Trading Platform Market, Revenue and Forecast to 2028 - By End User (US$ million)
Table 24. France Social Trading Platform Market, Revenue and Forecast to 2028 - By Asset Class (US$ million)
Table 25. Italy Social Trading Platform Market, Revenue and Forecast to 2028 - By Platform (US$ million)
Table 26. Italy Social Trading Platform Market, Revenue and Forecast to 2028 - By End User (US$ million)
Table 27. Italy Social Trading Platform Market, Revenue and Forecast to 2028 - By Asset Class (US$ million)
Table 28. UK Social Trading Platform Market, Revenue and Forecast to 2028 - By Platform (US$ million)
Table 29. UK Social Trading Platform Market, Revenue and Forecast to 2028 - By End User (US$ million)
Table 30. UK Social Trading Platform Market, Revenue and Forecast to 2028 - By Asset Class (US$ million)
Table 31. Russia Social Trading Platform Market, Revenue and Forecast to 2028 - By Platform (US$ million)
Table 32. Russia Social Trading Platform Market, Revenue and Forecast to 2028 - By End User (US$ million)
Table 33. Russia Social Trading Platform Market, Revenue and Forecast to 2028 - By Asset Class (US$ million)
Table 34. Rest of Europe Social Trading Platform Market, Revenue and Forecast to 2028 - By Platform (US$ million)
Table 35. Rest of Europe Social Trading Platform Market, Revenue and Forecast to 2028 - By End User (US$ million)
Table 36. Rest of Europe Social Trading Platform Market, Revenue and Forecast to 2028 - By Asset Class (US$ million)
Table 37. APAC Social Trading Platform Market, Revenue and Forecast To 2028 - By Platform (US$ million)
Table 38. APAC Social Trading Platform Market, Revenue and Forecast To 2028 - By End User (US$ million)
Table 39. APAC Social Trading Platform Market, Revenue and Forecast To 2028 - By Asset Class (US$ million)
Table 40. APAC Social Trading Platform Market, Revenue and Forecast To 2028 - By Country (US$ million)
Table 41. Australia Social Trading Platform Market, Revenue and Forecast to 2028 - By Platform (US$ million)
Table 42. Australia Social Trading Platform Market, Revenue and Forecast to 2028 - By End User (US$ million)
Table 43. Australia Social Trading Platform Market, Revenue and Forecast to 2028 - By Asset Class (US$ million)
Table 44. China Social Trading Platform Market, Revenue and Forecast to 2028 - By Platform (US$ million)
Table 45. China Social Trading Platform Market, Revenue and Forecast to 2028 - By End User (US$ million)
Table 46. China Social Trading Platform Market, Revenue and Forecast to 2028 - By Asset Class (US$ million)
Table 47. India Social Trading Platform Market, Revenue and Forecast to 2028 - By Platform (US$ million)
Table 48. India Social Trading Platform Market, Revenue and Forecast to 2028 - By End User (US$ million)
Table 49. India Social Trading Platform Market, Revenue and Forecast to 2028 - By Asset Class (US$ million)
Table 50. Japan Social Trading Platform Market, Revenue and Forecast to 2028 - By Platform (US$ million)
Table 51. Japan Social Trading Platform Market, Revenue and Forecast to 2028 - By End User (US$ million)
Table 52. Japan Social Trading Platform Market, Revenue and Forecast to 2028 - By Asset Class (US$ million)
Table 53. South Korea Social Trading Platform Market, Revenue and Forecast to 2028 - By Platform (US$ million)
Table 54. South Korea Social Trading Platform Market, Revenue and Forecast to 2028 - By End User (US$ million)
Table 55. South Korea Social Trading Platform Market, Revenue and Forecast to 2028 - By Asset Class (US$ million)
Table 56. Rest of APAC Social Trading Platform Market, Revenue and Forecast to 2028 - By Platform (US$ million)
Table 57. Rest of APAC Social Trading Platform Market, Revenue and Forecast to 2028 - By End User (US$ million)
Table 58. Rest of APAC Social Trading Platform Market, Revenue and Forecast to 2028 - By Asset Class (US$ million)
Table 59. MEA Social Trading Platform Market, Revenue and Forecast To 2028 - By Platform (US$ million)
Table 60. MEA Social Trading Platform Market, Revenue and Forecast To 2028 - By End User (US$ million)
Table 61. MEA Social Trading Platform Market, Revenue and Forecast To 2028 - By Asset Class (US$ million)
Table 62. MEA Social Trading Platform Market, Revenue and Forecast to 2028 - By Country (US$ million)
Table 63. Saudi Arabia Social Trading Platform Market, Revenue and Forecast to 2028 - By Platform (US$ million)
Table 64. Saudi Arabia Social Trading Platform Market, Revenue and Forecast to 2028 - By End User (US$ million)
Table 65. Saudi Arabia Social Trading Platform Market, Revenue and Forecast to 2028 - By Asset Class (US$ million)
Table 66. UAE Social Trading Platform Market, Revenue and Forecast to 2028 - By Platform (US$ million)
Table 67. UAE Social Trading Platform Market, Revenue and Forecast to 2028 - By End User (US$ million)
Table 68. UAE Social Trading Platform Market, Revenue and Forecast to 2028 - By Asset Class (US$ million)
Table 69. South Africa Social Trading Platform Market, Revenue and Forecast to 2028 - By Platform (US$ million)
Table 70. South Africa Social Trading Platform Market, Revenue and Forecast to 2028 - By End User (US$ million)
Table 71. South Africa Social Trading Platform Market, Revenue and Forecast to 2028 - By Asset Class (US$ million)
Table 72. Rest of MEA Social Trading Platform Market, Revenue and Forecast to 2028 - By Platform (US$ million)
Table 73. Rest of MEA Social Trading Platform Market, Revenue and Forecast to 2028 - By End User (US$ million)
Table 74. Rest of MEA Social Trading Platform Market, Revenue and Forecast to 2028 - By Asset Class (US$ million)
Table 75. SAM Social Trading Platform Market, Revenue and Forecast To 2028 - By Platform (US$ million)
Table 76. SAM Social Trading Platform Market, Revenue and Forecast To 2028 - By End User (US$ million)
Table 77. SAM Social Trading Platform Market, Revenue and Forecast To 2028 - By Asset Class (US$ million)
Table 78. SAM Social Trading Platform Market, Revenue and Forecast To 2028 - By Country (US$ million)
Table 79. Brazil Social Trading Platform Market, Revenue and Forecast to 2028 - By Platform (US$ million)
Table 80. Brazil Social Trading Platform Market, Revenue and Forecast to 2028 - By End User (US$ million)
Table 81. Brazil Social Trading Platform Market, Revenue and Forecast to 2028 - By Asset Class (US$ million)
Table 82. Argentina Social Trading Platform Market, Revenue and Forecast to 2028 - By Platform (US$ million)
Table 83. Argentina Social Trading Platform Market, Revenue and Forecast to 2028 - By End User (US$ million)
Table 84. Argentina Social Trading Platform Market, Revenue and Forecast to 2028 - By Asset Class (US$ million)
Table 85. Rest of SAM Social Trading Platform Market, Revenue and Forecast to 2028 - By Platform (US$ million)
Table 86. Rest of SAM Social Trading Platform Market, Revenue and Forecast to 2028 - By End User (US$ million)
Table 87. Rest of SAM Social Trading Platform Market, Revenue and Forecast to 2028 - By Asset Class (US$ million)
Table 88. List of Abbreviation
List of Figures
Figure 1. Social Trading Platform Market Segmentation
Figure 2. Social Trading Platform Market Segmentation - By Geography
Figure 3. Social Trading Platform Market Overview
Figure 4. Social Trading Platform Market, By Platform
Figure 5. Social Trading Platform Market, By End User
Figure 6. Social Trading Platform Market, By Asset Class
Figure 7. Social Trading Platform Market, By Geography
Figure 8. North America: PEST Analysis
Figure 9. Europe: PEST Analysis
Figure 10. Asia Pacific: PEST Analysis
Figure 11. MEA: PEST Analysis
Figure 12. SAM: PEST Analysis
Figure 13. Expert Opinion
Figure 14. Social Trading Platform Market: Impact Analysis of Drivers and Restraints
Figure 15. Geographic Overview of Social Trading Platform Market
Figure 16. Social Trading Platform Market - Revenue and Forecast to 2028 (US$ Million)
Figure 17. Social Trading Platform Market Revenue Share, By Platform (2020 and 2028)
Figure 18. PC: Social Trading Platform Market - Revenue and Forecast to 2028 (US$ Million)
Figure 19. Mobile: Social Trading Platform Market - Revenue and Forecast to 2028 (US$ Million)
Figure 20. Social Trading Platform Market Revenue Share, By End user (2020 and 2028)
Figure 21. Individual Traders: Social Trading Platform Market - Revenue and Forecast to 2028 (US$ Million)
Figure 22. Professional Traders Social Trading Platform Market - Revenue and Forecast to 2028 (US$ Million)
Figure 23. Social Trading Platform Market Revenue Share, By Asset class (2020 and 2028)
Figure 24. Equity: Social Trading Platform Market - Revenue and Forecast to 2028 (US$ Million)
Figure 25. Commodity: Social Trading Platform Market - Revenue and Forecast to 2028 (US$ Million)
Figure 26. Derivatives: Social Trading Platform Market - Revenue and Forecast to 2028 (US$ Million)
Figure 27. Crypto: Social Trading Platform Market - Revenue and Forecast to 2028 (US$ Million)
Figure 28. Others: Social Trading Platform Market - Revenue and Forecast to 2028 (US$ Million)
Figure 29. Global Social Trading Platform Market Breakdown, By Region, 2020 & 2028 (%)
Figure 30. North America Social Trading Platform Market, Revenue and Forecast to 2028 (US$ million)
Figure 31. North America Social Trading Platform Market Breakdown, By Platform, 2020 & 2028 (%)
Figure 32. North America Social Trading Platform Market Breakdown, By End User, 2020 & 2028 (%)
Figure 33. North America Social Trading Platform Market Breakdown, By Asset Class, 2020 & 2028 (%)
Figure 34. North America Social Trading Platform Market Breakdown, by Country, 2020 & 2028 (%)
Figure 35. US Social Trading Platform Market, Revenue and Forecast to 2028 (US$ million)
Figure 36. Canada Social Trading Platform Market, Revenue and Forecast to 2028 (US$ million)
Figure 37. Mexico Social Trading Platform Market, Revenue and Forecast to 2028 (US$ million)
Figure 38. Europe Social Trading Platform Market, Revenue and Forecast To 2028 (US$ million)
Figure 39. Europe Social Trading Platform Market Breakdown, By Platform, 2020 & 2028 (%)
Figure 40. Europe Social Trading Platform Market Breakdown, By End User, 2020 & 2028 (%)
Figure 41. Europe Social Trading Platform Market Breakdown, By Asset Class, 2020 & 2028 (%)
Figure 42. Europe Social Trading Platform Market Breakdown, by Country, 2020 & 2028(%)
Figure 43. Germany Social Trading Platform Market, Revenue and Forecast to 2028 (US$ million)
Figure 44. France Social Trading Platform Market, Revenue and Forecast to 2028 (US$ million)
Figure 45. Italy Social Trading Platform Market, Revenue and Forecast to 2028 (US$ million)
Figure 46. UK Social Trading Platform Market, Revenue and Forecast to 2028 (US$ million)
Figure 47. Russia Social Trading Platform Market, Revenue and Forecast to 2028 (US$ million)
Figure 48. Rest of Europe Social Trading Platform Market, Revenue and Forecast to 2028 (US$ million)
Figure 49. APAC Social Trading Platform Market, Revenue and Forecast To 2028 (US$ million)
Figure 50. APAC Social Trading Platform Market Breakdown, By Platform, 2020 & 2028 (%)
Figure 51. APAC Social Trading Platform Market Breakdown, By End User, 2020 & 2028 (%)
Figure 52. APAC Social Trading Platform Market Breakdown, By Asset Class, 2020 & 2028 (%)
Figure 53. APAC Social Trading Platform Market Breakdown, by Country, 2020 & 2028 (%)
Figure 54. Australia Social Trading Platform Market, Revenue and Forecast To 2028 (US$ million)
Figure 55. China Social Trading Platform Market, Revenue and Forecast To 2028 (US$ million)
Figure 56. India Social Trading Platform Market, Revenue and Forecast To 2028 (US$ million)
Figure 57. Japan Social Trading Platform Market, Revenue and Forecast To 2028 (US$ million)
Figure 58. South Korea Social Trading Platform Market, Revenue and Forecast To 2028 (US$ million)
Figure 59. Rest of APAC Social Trading Platform Market, Revenue and Forecast To 2028 (US$ million)
Figure 60. MEA Social Trading Platform Market, Revenue and Forecast to 2028 (US$ million)
Figure 61. MEA Social Trading Platform Market Breakdown, By Platform, 2020 & 2028 (%)
Figure 62. MEA Social Trading Platform Market Breakdown, By End User, 2020 & 2028 (%)
Figure 63. MEA Social Trading Platform Market Breakdown, By Asset Class, 2020 & 2028 (%)
Figure 64. MEA Social Trading Platform Market Breakdown, By Country, 2020 & 2028 (%)
Figure 65. Saudi Arabia Social Trading Platform Market, Revenue and Forecast To 2028 (US$ million)
Figure 66. UAE Social Trading Platform Market, Revenue and Forecast To 2028 (US$ million)
Figure 67. South Africa Social Trading Platform Market, Revenue and Forecast To 2028 (US$ million)
Figure 68. Rest of MEA Social Trading Platform Market, Revenue and Forecast To 2028 (US$ million)
Figure 69. SAM Social Trading Platform Market, Revenue and Forecast to 2028 (US$ million)
Figure 70. SAM Social Trading Platform Market Breakdown, By Platform, 2020 & 2028 (%)
Figure 71. SAM Social Trading Platform Market Breakdown, By End User, 2020 & 2028 (%)
Figure 72. SAM Social Trading Platform Market Breakdown, By Asset Class, 2020 & 2028 (%)
Figure 73. SAM Social Trading Platform Market Breakdown, By Country, 2020 & 2028 (%)
Figure 74. Brazil Social Trading Platform Market, Revenue and Forecast to 2028 (US$ million)
Figure 75. Argentina Social Trading Platform Market, Revenue and Forecast to 2028 (US$ million)
Figure 76. Rest of SAM Social Trading Platform Market, Revenue and Forecast to 2028 (US$ million)
Figure 77. Impact of Covid-19 Pandemic in North American Country Markets
Figure 78. Impact of Covid-19 Pandemic in Europe Country Markets
Figure 79. Impact of Covid-19 Pandemic in Asia Pacific Country Markets
Figure 80. Impact of Covid-19 Pandemic in Middle East & Africa Country Markets
Figure 81. Impact of Covid-19 Pandemic in South America Country Markets

Executive Summary

The global social trading platform market is expected to grow from US$ 2,229.56 million in 2021 to US$ 3,774.17 million by 2028. It is estimated to grow at a CAGR of 7.8% from 2021 to 2028.

With the growing population, the number of internet users increased significantly. There are almost 4.7 million internet users worldwide, i.e., 59% of the global population is net-savvy, as per the article published by the DataReportal in January 2021. Among this, 92.6% (4.3 million) users access the internet through mobile devices. The UAE, Denmark, and Sweden are a few countries with the highest internet penetration rate.

Until 2020, Asia Pacific (APAC) had the most extensive user base with over 2.5 million Internet users, followed by Europe with almost 720 million users, as per the article published by Yahoo Finance. In 2020, China held the leading market share worldwide, followed by the US and India, as per the article published by Yahoo Finance. China had more than 854 million users, and India has around 560 million users, as per the article published by Yahoo Finance.

A few Middle East & Africa countries, such as Qatar, Oman, and Kuwait, are still in the starting phase of digitalization and the internet penetration is relatively low. However, with increasing awareness, the number is increasing continuously. The significant surge in the internet user base enables industries to transform their business to the digital platform. Therefore, trading companies opt for social trading with the growing internet use, which is the cost-effective approach for trading. Also, during the COVID-19 outbreak, conducting online trading was the best-suitable medium. Thus, growing internet usage will contribute to the social trading platform market growth.

Impact of COVID-19 Pandemic on Global Social Trading Platform Market
Due to the pre-COVID-19 pandemic situation, social trading platforms were prevalent in the growing digital transformation of financial institutes and banking solutions & services. For instance, in April 2019, according to the article published by Business Wire, the spending on digital transformation was US$ 1.18 trillion in 2019, an increase of 17.9% over 2018. The need for digital transformation supported the social trading platform market growth.

In 2020, the COVID-19 pandemic triggered social stress and led to economic disruptions worldwide. With the closure of production facilities and manufacturing units globally, the unemployment rate increased in several countries. These outbursts of the COVID-19 pandemic lead countries and the global economy towards recession. As the COVID-19 pandemic continued in 2020, it posed an exceptional challenge for an individual to spend over a social trading platform. Thus, the trading industry was negatively affected. Therefore, the overall COVID-19 impact on the social trading platform was negative in 2020.

Further, in 2021 and 2022, the relaxation of lockdown measures and gain in the employment rates positively impacted the social trading platform market growth. The increase in the trend of investment in cryptocurrency positively impacted market growth. According to the Free Press Journal, Bitcoin boomed and astonished the whole world, from approximately US$ 7,000 in March 2020 to more than US$ 54,000 till June 2021.

There was a negative impact on the social trading platform market, owing to the increase in the unemployment rates. However, the social trading platform market will grow due to increased investment in cryptocurrency during the forecast period, thereby creating further opportunities for the market.

Based on platform, the social trading platform market is bifurcated into PC and mobile. In 2021, the mobile segment led the market, accounting for the largest share. Based on end user, the market is bifurcated into individual traders and professional traders. In 2021, the individual traders segment accounted for the largest market share. Based on asset class, the market is segmented into equity, commodity, derivatives, crypto, and others. In 2021, the crypto segment accounted for the largest market share.

Geographically, the social trading platform market is segmented into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SAM). In 2021, North America accounted for the most prominent share in the market.

The overall social trading platform market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining an overview and forecast for the social trading platform market with respect to all the segments. It also provides the overview and forecast for the market based on all the segmentation provided with respect to five major regions—North America, Europe, Asia Pacific, Middle East & Africa, and South America. Also, primary interviews were conducted with industry participants and commentators to validate data and gain more analytical insights into the topic. Participants in this process include industry experts, such as VPs, business development managers, market intelligence managers, national sales managers, and external consultants, such as valuation experts, research analysts, and key opinion leaders, specializing in the social trading platform market.

The key companies operating in the social trading platform market are eToro; A-Trade; ZuluTrade; Tornado; MetaQuotes; PrimeXBT; Pepperstone Markets Limited; Tickmill; Octa Markets Incorporated; Assetgro Fintech Pvt. Ltd (Stockgro); Public Holding, Inc.; Naga Group AG; and Snowball X.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Etoro
  • A-Trade
  • Zulutrade
  • Tornado
  • Metaquotes
  • Primexbt
  • Pepperstone Markets Limited
  • Tickmill
  • Octa Markets Incorporated
  • Assetgr- Fintech Pvt. Ltd (Stockgro)
  • Public Holding, Inc.
  • Naga Group AG
  • Snowball X