10TradeFX vs Charles Schwab

10TradeFX or Charles Schwab – which is better for UK traders 2024? Compare 10TradeFX and Charles Schwab in this detailed breakdown of their platforms, features and fees.

10TradeFX vs Charles Schwab Comparison Table 2024

10TradeFX	Charles Schwab
2.8	2.8
10TradeFX is ranked #97 among CFD brokers.	Charles Schwab is ranked #118 among UK brokers.
Review	Review
10TradeFX is an offshore regulated forex and CFD broker. The brand offers MetaTrader platform integration with spreads as low as 0.1 pips. The broker offers true STP and ECN execution. The low minimum deposit, social trading and funded trader account programme makes 10TradeFX appealing to new traders.	Charles Schwab is a large US investment broker offering a massive range of stocks, ETFs and equity derivatives in a variety of savings and investment accounts. The trustworthy brand has been offering financial services for 45+ years with over 35 million brokerage accounts and $870+ billion in assets under management. Charles Schwab is also regulated by top-tier watchdogs including the SEC and FCA.
Pros
I appreciate the flexible access to the MetaTrader 5 web and mobile platforms as well as TradingView charting and copy trading functionality There are some diverse and popular asset classes on offer including forex, stocks, crypto and NFTs I'm a fan of the comprehensive learning academy backed by London’s Association of Trading & Investment (ATI) I like that traders can benefit from the Funded Trader program with up to $500,000 account size and 70% profit split	Strong investment offerings covering stocks, mutual funds, options, bonds and cryptocurrency Powerful trading software with real-time quotes, fundamental research and investment screeners Responsive customer support team available 24/7 via live chat or telephone Competitive trading fees with no commissions on stocks and ETFs Fractional shares on the S&P 500 with a $5 minimum investment Thematic investing categories and ESG compliant portfolios Strong regulatory oversight from the US SEC and UK FCA No account minimums for individual brokerage accounts High-quality educational resources for new investors
Cons
I'm disappointed that the broker is regulated offshore by the Seychelles Financial Services Authority (SFSA) and is not overseen by any top-tier authority I don't like how limited the shares offering is at 10TradeFX, putting them low in my rankings for market availability	Only US markets available (except 12 foreign markets on the Global Account) High minimum investment of $5000 to use robo-advisors Limited funding methods with no e-wallets No email support
FCA Regulated
No List of FCA Regulated Brokers	No List of FCA Regulated Brokers
Instruments
CFDs, Forex, Stocks, Cryptos, Commodities	Stocks, ETFs, Cryptos, Futures, Options, Commodities, Bonds
Demo Account
Yes	Yes
Minimum Deposit
$50	$0
Payment Methods
Neteller Skrill Wire Transfer	ACH Transfer Wire Transfer
Minimum Trade
0.01 Lots	$1
Regulator
SFSA	SEC, FINRA, FCA1
Mobile Apps
iOS & Android	iOS & Android
iOS App Rating
Android App Rating
Margin Trading
Yes	No
MetaTrader 4
No	No
MetaTrader 5
Yes	No
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	No
Autochartist
No	No
eSignal
No	No
Trading Central
No	No
STP Account
Yes	No
ECN Account
No	No
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	Yes
Robo Advisor
No	Yes
Negative Balance Protection
Yes	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	No
Auto Trading
	Yes
Copy Trading
No	No
Social Trading
No	No
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	Yes
Custodial Account
No	Yes
Guaranteed Stop Loss
No	No
Islamic Account
Yes	No
Account Currencies
USD	USD
Commodities
Silver Oil	Soybeans
CFD
10TradeFX offers 200+ CFDs available to trade on the MT5 terminal. This is a relatively small range compared to most competitors I've reviewed. That said, the minimum deposit requirement to get started is only $50, which is great news for beginners.
Leverage
1:600
FTSE Spread
200
GBPUSD Spread<
1.5
Oil Spread
20
Stocks Spread
29
Forex
My tests uncovered an average range of 40+ major, minor and exotic currency pairs with spreads as low as 0.1 pips and leverage up to 1:500. I like that the broker offers flexible contract sizes between 0.01 and 1 lot.
Assets
39
GBPUSD Spread
1.5
EURUSD Spread
1.5
EURGBP Spread
1.5
Cryptocurrency
There are 10+ crypto instruments available, including Bitcoin, Ethereum and Litecoin. Again, this is pretty limited for active crypto traders but I am glad to see some popular altcoins available 24/7 including Polkadot and Chainlink.	Charles Schwab supports indirect crypto trading through digital coin trusts and crypto-related stocks. You can get exposure to popular digital currencies such as Bitcoin, Ripple and Ethereum.
Spread
Variable	Floating
Coins
BTC LTC ETH XRP	GBTC BITW
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No
10TradeFX	Charles Schwab
Review	Review
More Comparisons
10TradeFX vs Select... 4xCube ActivTrades Admiral Markets AdroFX Amega Anzo Capital AvaTrade Axi Axofa AZAforex Baxia Markets Binance Binarycent Bitfinex BitMEX BlackBull Markets Capital.com City Index CloseOption CMC Markets Coinbase Coinexx Coinmama Core Spreads DNA Markets Dukascopy EagleFX easyMarkets Eightcap Errante eToro Exinity EZ Invest FinPros Firstrade Focus Option Forex.com ForexChief Fortrade FP Markets Freetrade Fusion Markets FXCC FXCentrum FXCM FXDD FXOpen FXPrimus FXPro FXTM FXTrading Gemini Global Prime GO Markets GoFX Grand Capital Hantec Markets HYCM IC Markets IG Index INFINOX Ingot Brokers InstaForex Interactive Brokers Interactive Investor IQCent IronFX Just2Trade Kraken KuCoin Kwakol Markets LegacyFX Libertex LonghornFX LQDFX M4Markets Markets.com MultiBank FX Nexo NinjaTrader NordFX Oanda OKX OspreyFX Pepperstone Pionex Plus500 Pocket Option PrimeXBT PU Prime Raceoption Revolut RoboForex RoboMarkets Rockfort Markets Sage FX Saxo Scope Markets SimpleFX Spreadex SuperForex Swissquote ThinkMarkets TMGM Trade Nation Trade.com Tradeview Trading212 Uphold Vantage FX Vault Markets Videforex VT Markets Webull World Forex XM XTB ZacksTrade	Charles Schwab vs Select... 4xCube ActivTrades Admiral Markets AdroFX Amega Anzo Capital AvaTrade Axi Axofa AZAforex Baxia Markets Binance Binarycent Bitfinex BitMEX BlackBull Markets Capital.com City Index CloseOption CMC Markets Coinbase Coinexx Coinmama Core Spreads DNA Markets Dukascopy EagleFX easyMarkets Eightcap Errante eToro Exinity EZ Invest FinPros Firstrade Focus Option Forex.com ForexChief Fortrade FP Markets Freetrade Fusion Markets FXCC FXCentrum FXCM FXDD FXOpen FXPrimus FXPro FXTM FXTrading Gemini Global Prime GO Markets GoFX Grand Capital Hantec Markets HYCM IC Markets IG Index INFINOX Ingot Brokers InstaForex Interactive Brokers Interactive Investor IQCent IronFX Just2Trade Kraken KuCoin Kwakol Markets LegacyFX Libertex LonghornFX LQDFX M4Markets Markets.com MultiBank FX Nexo NinjaTrader NordFX Oanda OKX OspreyFX Pepperstone Pionex Plus500 Pocket Option PrimeXBT PU Prime Raceoption Revolut RoboForex RoboMarkets Rockfort Markets Sage FX Saxo Scope Markets SimpleFX Spreadex SuperForex Swissquote ThinkMarkets TMGM Trade Nation Trade.com Tradeview Trading212 Uphold Vantage FX Vault Markets Videforex VT Markets Webull World Forex XM XTB ZacksTrade