10TradeFX vs DIF Broker

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

10TradeFX vs DIF Broker Comparison Table 2024
10TradeFX DIF Broker
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2.8
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3
10TradeFX is ranked #97 among CFD brokers. DIF Broker is ranked #97 among CFD brokers.
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. DIF Broker was founded in 1999, with a vision to offer personalized brokerage services via innovative technology. The broker offers services to thousands of clients in over 20 countries, and is regulated by the Portuguese CMVM. Traders can access thousands of CFD instruments to trade on a powerful proprietary platform.
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
  • DIF Brokers offers a powerful and intutive proprietary trading terminal which I enjoyed using, with 40+ technical indicators and advanced graphical objects
  • I'm thoroughly impressed with the vast product catalog of 30,000+ CFD instruments including stocks, forex, futures and indices
  • I feel fairly confident in the broker's established reputation, long history in the financial industry, and CMVM regulatory oversight
  • I find fees at DIF broker very transparent and fair, coming in at 0.07% for Euronext Lisbon stock CFDs
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
  • I'm disappointed that the minimum deposit requirement of €2000 will price out most beginners, and the lack of any educational content is a further setback
  • The demo account is restricted to a time limit of 15 days, which is disappointing and far lower than most of the brokers I have reviewed
  • I think it's a bit of an oversight that the live chat customer support is only available to customers after they have registered
  • Those looking to diversify into the digital asset industry will be disappointed that crypto trading is not available
Awards
  • Best Online Broker Western Europe 2013 - 2017 - Global Banking & Finance Review
  • Best Multi-Asset Provider 2017 - Global Banking & Finance Review
FCA Regulated
No

List of FCA Regulated Brokers

No

List of FCA Regulated Brokers

Instruments
CFDs, Forex, Stocks, Cryptos, Commodities Forex, CFDs, ETFs, indices, shares, energies, futures, options, bonds
Demo Account
Yes Yes
Minimum Deposit
$50 €2000
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
SFSA CMVM, CNMV
Mobile Apps
iOS & Android Yes
iOS App Rating
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Android App Rating
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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 No
Robo Advisor
No No
Negative Balance Protection
Yes No
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
Yes No
Account Currencies
  • USD
Commodities
  • Silver
  • Oil
  • Gold
  • Silver
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. DIF Broker offers an impressive total of 30,000+ CFD instruments, which is far more than many brokers I review. That said, I think it's a shame that there's no additional tools or resources on offer for CFD traders.
Leverage
1:600 1:30
FTSE Spread
200 1
GBPUSD Spread<
1.5 3
Oil Spread
20 0.05
Stocks Spread
29 Variable
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. I was particularly impressed to see a huge range of 180 major, minor and exotic currency pairs at DIF Broker. I was able to access sensible leverage up to 1:30 and no commission fees. Average spreads are OK but not the most competitive, coming in at around 1 pip for EUR/USD and 1.1 pip on GBP/USD.
Assets
39 180+
GBPUSD Spread
1.5 3
EURUSD Spread
1.5 3
EURGBP Spread
1.5 3
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.
Spread
Variable
Coins
  • BTC
  • LTC
  • ETH
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
10TradeFX DIF Broker
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