10TradeFX Review 2021

10TradeFX is a global brokerage firm with forex, crypto and CFD trading support for the MetaTrader 5 platform with high leverage and low commission

10TradeFX is broker that provides access to CFD, Forex, Cryptocurrency and Stocks. Interestingly, 10TradeFX supports the MetaTrader5 trading platform, but not the hugely popular MetaTrader4 predecessor at this point.

In terms of features offered to traders, 10TradeFX has Demo Accounts and Islamic Accounts but is missing Social Trading, Signals and Auto Trading.

10TradeFX also gives traders access to 4 cryptocurrencies: BTC, LTC, ETH and XRP.

10TradeFX is regulated, but not by the FCA here in the UK. While this is not necessarily an issue, very careful traders might want the extra safety of using an FCA-regulated broker.

10TradeFX Summary

10TradeFX is a global brokerage firm with forex, crypto and CFD trading support for the MetaTrader 5 platform with high leverage and low commission

Ratings

30%
Trust
66%
Instruments
42%
Features
BonusNone
InstrumentsCFD, Forex, Crypto, Stocks
Demo Account
Min. Deposit$200
Min. Trade0.01 lots
Regulated BySFSA
MetaTrader 4
MetaTrader 5
cTrader
DMA Account
ECN Account
Mobile Apps iOS & Android
Auto Trading
Trade Signals
Social Trading
Copy Trading
Islamic Account

CFD Trading

10TradeFX's CFD range encompasses 15 company stocks, 7 commodities, 9 indices, 4 cryptos and 39 forex pairs

Leverage1:600
FTSE Spread200
GBPUSD Spread1.5
Oil Spread20
Stocks Spread29

Forex Trading

10TradeFX offers a range of currency pairs with floating spreads and high leverage opportunities

GBPUSD Spread1.5
EURUSD Spread1.5
EURGBP Spread1.5
Assets39

Cryptocurrency Trading

10TradeFX supports four cryptocurrency CFD pairs against the USD for DeFi speculation using MT5.

SpreadVariable
CoinsBTC, LTC, ETH, XRP

Payment Methods

10TradeFX accepts the following payment methods:

  • Wire Transfer
  • Neteller
  • Skrill
Risk Warning – Your capital is at risk

FAQ

Is 10TradeFX Safe?

In our review we gave 10TradeFX a low trust score of 30%, which means that traders should try things out before they deposit any larger amounts. One of the main negative factors in this low score is that 10TradeFX is not FCA regulated. Extra careful traders might want to find an alternative in our top list of UK brokers.

Does 10TradeFX Accept PayPal?

No, 10TradeFX does not accept PayPal payments.

Is 10TradeFX Halal?

Yes, 10TradeFX does offer an Islamic trading account and should thus be Halal to trade with.

What trading platforms does 10TradeFX support?

10TradeFX only supports the MetaTrader 5 trading platform at this time.

Is 10TradeFX Regulated?

Yes, 10TradeFX is regulated by SFSA.

The fact that 10TradeFX is not regulated by our own FCA will be a concern to the most careful traders. See our list of FCA regulated brokers for options.

10TradeFX vs Other Brokers

If you want to compare 10TradeFX with other brokers, use the detailed comparisons below.

10TradeFX vs
10TradeFX is a global brokerage firm with forex, crypto and CFD trading support for the MetaTrader 5 platform with high leverage and low commission