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10TradeFX vs Focus Option

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

10TradeFX vs Focus Option Comparison Table 2024
10TradeFX	Focus Option

2.8	3.7
10TradeFX is ranked #97 among CFD brokers.	Focus Option is ranked #8 among binary options 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.	Focus Option is an offshore broker that specializes in binary options as well as CFDs. Binary options trading on forex, cryptos and three commodities is done through the broker's simple web-based platform with average payouts between 70% and 95%. The broker also offers a mobile app for trading CFDs, with 300+ tradeable instruments.
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	Web-based platform provides a quick and easy way to access markets Good selection of cryptocurrencies available including Bitcoin Binary options contracts from 30 seconds to 30 days Accepts crypto deposits and withdrawals $10 low minimum deposit Easy sign-up process Payouts up to 95% $1 minimum trade
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	Offshore regulation raises safety concerns Average trading terms on CFDs with spreads from 3 pips on GBP/USD Clients based in the USA cannot use the broker’s products
FCA Regulated
No List of FCA Regulated Brokers	No List of FCA Regulated Brokers
Instruments
CFDs, Forex, Stocks, Cryptos, Commodities	Binary Options, CFDs, Forex, Metals, Indices
Demo Account
Yes	Yes
Minimum Deposit
$50	$10
Payment Methods
Neteller Skrill Wire Transfer	Credit Cards Debit Card Mastercard Visa
Minimum Trade
0.01 Lots	$1
Regulator
SFSA
Mobile Apps
iOS & Android	iOS & Android
iOS App Rating

Android App Rating

Margin Trading
Yes	Yes
MetaTrader 4
No	No
MetaTrader 5
Yes	No
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	Yes
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	Yes
P2P Trading
No	No
Spot Trading
No	No
Copy Trading
No	No
Social Trading
No	No
Trade Signals
	Yes
VPS Hosting
No	Yes
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	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.	Focus Option offers CFD trading through an intuitive mobile app, with 300+ tradeable instruments spanning forex, cryptocurrencies, commodities, shares and indices. Leverage ranges from 1:20 to 1:50 and spreads are variable, starting from 1 pip, with no commission.
Leverage
1:600	1:50
FTSE Spread
200	NA
GBPUSD Spread<
1.5	3
Oil Spread
20	1
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.	Focus Option offers 22 forex pairs tradeable via binary options, including a selection of majors and minors. FX pairs are also available to trade with margin on Focus Option's mobile app, which offers high leverage up to 1:50 and spreads from 1 pip.
Assets
39	39
GBPUSD Spread
1.5	3
EURUSD Spread
1.5	1
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.	Focus Option clients can trade binary options on an extensive list of 80+ cryptocurrencies, including Bitcoin and Ethereum plus smaller altcoins like Tron and 0x. Crypto CFDs are also available through the broker's mobile app with high leverage.
Spread
Variable	NA
Coins
BTC LTC ETH XRP	BTC ETH XRP USDT BTC LTC ADA AAVE ATOM DOGE KSM CRO THETA LINK YFI YCC MATIC RUNE SOL MANA MIOTA XMONEY XMR SUSHI BAT
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No
Binary Options
	Focus Option offers binary options trading on 140+ instruments including forex, cryptocurrencies, commodities, indices and company shares. Contracts include 30 seconds, 1 min, 2 mins, 5 mins, 15 mins, 30 mins, 1 hr, end of day, and long-term contracts up to 30 days. Decent payouts typically climb to 95%. The browser-based platform is beginner-friendly with sophisticated analysis tools.
Payout
	95%
Expiration Times
	30 seconds - 1 week
Boundary Options
No	No
Ladder Options
No	No

10TradeFX	Focus Option
Review	Review
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