10TradeFX vs FairMarkets
10TradeFX or FairMarkets – which is better for UK traders 2024? Compare 10TradeFX and FairMarkets in this detailed breakdown of their platforms, features and fees.
| 10TradeFX | FairMarkets |
|---|---|
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Not Rated
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| 10TradeFX is ranked #96 among CFD brokers. | FairMarkets is ranked #96 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. | FairMarkets is a multi-regulated trading broker with MT4 and MT5. Low fees, flexible leverage and analysis from Trading Central make it a solid all-round broker. |
| Pros | |
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| Cons | |
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| FCA Regulated | |
| No | No |
| Instruments | |
| CFDs, Forex, Stocks, Cryptos, Commodities | CFDs, Stocks, Forex, Commodities, Indices, Cryptocurrencies |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $50 | $0 |
| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | 0.01 Lots |
| Regulator | |
| SFSA | ASIC, FSC |
| 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 | Yes |
| 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 | Yes |
| Market Maker | |
| No | Yes |
| P2P Trading | |
| No | No |
| Spot Trading | |
| No | Yes |
| Auto Trading | |
| Expert Advisors (EAs) on MetaTrader | |
| Copy Trading | |
| No | No |
| Social Trading | |
| No | No |
| 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 | |
| $0 | |
| Islamic Account | |
| Yes | No |
| Account Currencies | |
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| Commodities | |
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| 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. | Use leveraged CFDs to go long or short on a range of financial markets with low fees. |
| Leverage | |
| 1:600 | 1:30 (Aussie Retail), 1:500 (Aussie Pro), 1:1000 (Global) |
| FTSE Spread | |
| 200 | 1.2 |
| GBPUSD Spread< | |
| 1.5 | 0.4 |
| Oil Spread | |
| 20 | 0.3 |
| 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. | Trade popular currency pairs with tight spreads and competitive commissions. |
| Assets | |
| 39 | 40+ |
| GBPUSD Spread | |
| 1.5 | 0.4 |
| EURUSD Spread | |
| 1.5 | 0.3 |
| EURGBP Spread | |
| 1.5 | 0.8 |
| 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. | Trade Bitcoin and other key cryptos against the USD with 1:2 leverage. |
| Spread | |
| Variable | From 20.0 |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
| 10TradeFX | FairMarkets |
| More Comparisons | |
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10TradeFX vs |
FairMarkets vs |