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 | Errante |
|---|---|
 |
 |
|
|
| 10TradeFX is ranked #97 among CFD brokers. | Errante is ranked #61 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 | |
|
|
| Cons | |
|
|
| Awards | |
|
|
| FCA Regulated | |
| No | No |
| 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 | |
|
|
|
| Android App Rating | |
|
|
|
| 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 | |
|
|
| Commodities | |
|
|
| 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 | |
|
|
| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
| 10TradeFX | Errante |
| More Comparisons | |
|
10TradeFX vs |
Errante vs |