Profile
This Collective2 Broker Platform review explores the US-based automated trading platform’s integration capabilities, regulation, supported brokers, and trading automation features. Collective2 is not a traditional broker but acts as a social trading marketplace and trade execution hub, connecting traders and investors across multiple regulated brokerage firms.
Regulation and Safety
Collective2 itself is not a broker-dealer and therefore is not regulated as a broker. However, the platform works only with fully regulated partner brokers in the US and globally. Examples include:
- Interactive Brokers – Regulated by FINRA, SEC, FCA
- TradeStation – Regulated by FINRA and SEC
- IG US – CFTC and NFA registered
- FXCM – Regulated by FCA and ASIC (varies by region)
Client funds are never held by Collective2; they remain with the underlying regulated brokerage. Trade permissions are API-based and secured with encrypted keys.
Execution Model and Trading Platforms
Collective2 uses a Non-Dealing Desk (NDD) execution structure by routing all trades through integrated third-party brokers. Users trade via:
- Web-based Collective2 dashboard for trade copying and automation
- AutoTrade API – connects trading strategies to brokers in real-time
- Integration with MT4/MT5, NinjaTrader, and TradingView for signal providers
Latency is broker-dependent. VPS and FIX API access are available via partner brokers, not directly from Collective2.
Markets and Instruments
Through its broker partners, Collective2 supports a wide range of tradable assets:
- Forex – all major and minor pairs via brokers like FXCM and IBKR
- Stocks – US equities, ETFs, and options
- Indices – US and global cash indices
- Futures – CME, CBOT, and ICE access via Interactive Brokers
- Crypto – only through supported brokers like IG or Alpaca (varies)
Asset availability is contingent upon the connected broker account.
Accounts, Spreads and Leverage
Collective2 does not offer its own accounts. Users must open accounts with supported brokers. Trading conditions depend on the broker, including:
- Spreads – e.g., Interactive Brokers typically offers raw spreads + commissions
- Leverage – up to 1:30 for retail EU clients, up to 1:500 offshore
- Minimum deposit – depends on broker; e.g., IBKR Pro $10,000, FXCM $50
Collective2 charges a monthly fee for signal access and strategy subscriptions, not per-trade commissions.
Funding and Base Currencies
All deposits and withdrawals are managed through the connected broker, not via Collective2. Base currencies vary by broker:
- Interactive Brokers – USD, EUR, GBP, JPY, etc.
- TradeStation – USD only
- FXCM – USD, EUR, GBP
Processing times and payment methods (cards, wire, ACH) depend entirely on the broker’s infrastructure.
Client Protections and Features
While Collective2 does not custody funds, it ensures trading safety through:
- Encrypted broker connections with read/trade-only API keys
- No access to withdraw funds or change account info
- Regulated broker execution and fund handling
- Optional trade throttling and risk control tools
Investors may also enable capital allocation caps per strategy for protection.
Institutional and Retail Offering
Collective2 is suitable for both signal providers (traders) and followers (investors):
- Retail – AutoTrade, strategy comparison, copy trading with account syncing
- Institutional – Strategy licensing, white-label dashboards, and data APIs
FIX, VPS, and advanced infrastructure are provided by the broker, not by Collective2 directly.
Pros and Cons
Pros
- Broker-agnostic platform with wide integration
- Supports real-money automated copy trading
- No fund custody – all money stays with regulated brokers
- Strategy marketplace with performance transparency
- Compatible with MT4, NinjaTrader, TradingView
Cons
- Not a regulated broker itself
- Requires separate brokerage accounts
- Subscription fees for strategy access
- Crypto access limited by third-party brokers
Frequently Asked Questions
Is Collective2 a regulated broker?
No, Collective2 is a trading automation platform and not a broker-dealer. It does not hold client funds or execute trades directly.
Which brokers can I use with Collective2?
You can connect Interactive Brokers, FXCM, TradeStation, IG US, and other supported brokers for automated execution.
Does Collective2 support MetaTrader?
Yes, signal providers can connect MT4/MT5 strategies, and some brokers like FXCM support MetaTrader for trade execution.
Can I trade crypto through Collective2?
Crypto is supported only if the connected broker offers it, such as IG or FXCM. Collective2 does not provide native crypto trading.
How much does Collective2 cost?
Costs vary by strategy subscription, typically ranging from $20 to $200/month. Collective2 also offers free trials for some systems.