10TradeFX vs Errante

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

10TradeFX vs Errante Comparison Table 2024
10TradeFX Errante
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2.8
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4
10TradeFX is ranked #96 among CFD brokers. Errante is ranked #59 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. Errante is a Cyprus-based and regulated forex and CFD broker with leveraged trading on multiple assets, tiered accounts including a zero-spread option, and copy trading support. The broker offers leveraged trading up to 1:30 under its CySEC-regulated branch and 1:500 from an offshore branch, and supports the MetaTrader 4 and MetaTrader 5 platforms. Errante's asset list is relatively limited but it does offer fast execution and low latency, and it is a trustworthy brand.
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
  • Reputable and trustworthy multi-asset broker
  • Supports cTrader, MT4 and MT5 platforms
  • Good range of cryptocurrencies including Bitcoin
  • Good selection of educational content and useful trading tools
  • Open an account in four easy steps
  • Copy trading available
  • Low starting deposit
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
  • Small selection of shares
  • MT4 not available to EU traders
  • Advanced educational content is expensive to unlock
  • High deposits to unlock advanced account tiers with more favorable trading terms
Awards
  • Best ECN/STP Broker 2022 - UF Awards
  • Best Forex Newcomer 2021 - Forex Awards
  • Fastest Growing Broker 2021 - Ultimate Fintech Awards
  • Best Trade Executions 2020 - Forex Awards
FCA Regulated
No

List of FCA Regulated Brokers

No

List of FCA Regulated Brokers

Instruments
CFDs, Forex, Stocks, Cryptos, Commodities CFDs, Stocks, Indices, Forex, Metals, Energies, Cryptos
Demo Account
Yes Yes
Minimum Deposit
$50 $50
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
SFSA CySEC, FSA
Mobile Apps
iOS & Android iOS & Android
iOS App Rating
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Android App Rating
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Margin Trading
Yes Yes
MetaTrader 4
No Yes
MetaTrader 5
Yes Yes
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 Yes
ECN Account
No Yes
DMA Account
No No
MAM Account
No Yes
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 Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Auto Trading
Expert Advisors (EAs) on MetaTrader
Copy Trading
No Yes
Copy Trading Platform
The Errante copy trading solution allows users to choose from a selection of master traders with insights into their returns, volatility ratio, recovery factor, and more. There are also no restrictions on the number of traders you can follow.
Social Trading
No No
Trade Signals
MetaTrader
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$15
Islamic Account
Yes Yes
Account Currencies
  • USD
  • USD
  • EUR
Commodities
  • Silver
  • Oil
  • Oil
  • Natural Gas
  • Cocoa
  • Coffee
  • Copper
  • Cotton
  • Sugar
  • Silver
  • Gold
  • Palladium
  • Platinum
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. Errante customers can trade stocks, indices, commodities and cryptocurrencies with leveraged CFDs. The level of leverage available depends on regulatory oversight, with 1:30 the maximum allowed in the EU though this varies by asset.
Leverage
1:600 1:500
FTSE Spread
200 From 1.5 pips (Standard Account)
GBPUSD Spread<
1.5 From 1.5 pips (Standard Account)
Oil Spread
20 From 1.5 pips (Standard Account)
Stocks Spread
29 From 1.5 pips (Standard Account)
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. Errante traders can access 50+ forex pairs with leverage up to 1:500 (location dependant). The broker offers fast execution and tight spreads, especially to clients with VIP and Tailor-Made accounts.
Assets
39 50+
GBPUSD Spread
1.5 From 1.5 pips (Standard Account)
EURUSD Spread
1.5 From 1.5 pips (Standard Account)
EURGBP Spread
1.5 From 1.5 pips (Standard Account)
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. Errante clients can speculate on price movements of 26 crypto tokens, all paired with USD. CFDs allow for leveraged trading, but note that you will not directly own the assets traded.
Spread
Variable From 1.5 pips (Standard Account)
Coins
  • BTC
  • LTC
  • ETH
  • XRP
  • BTC
  • ETH
  • LTC
  • BCH
  • XRP
  • DASH
  • EOS
  • IOTA
  • NEO
  • OMG
  • QTU
  • TRX
  • XMR
  • ZEC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
10TradeFX Errante
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