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24Option vs Equiti

24Option or Equiti – which is better for UK traders 2024? Compare 24Option and Equiti in this detailed breakdown of their platforms, features and fees.

24Option vs Equiti Comparison Table 2024
24Option	Equiti

2	2.8
24Option is ranked #11 among binary options brokers.	Equiti is ranked #97 among CFD brokers.
Review	Review
24Option has closed or no longer accepts UK clients. Trade nearly 200+ global stocks at 24Option via CFDs. Spreads are competitive and stop loss and take profit orders are available. Even trade new cannabis firms in Canada!	Equiti is an international STP brokerage, with built-in analysis tools and a wide range of CFD and forex markets. The broker also offers sky-high leverage rates of up to 1:2000 and is regulated offshore for retail traders by the Seychelles FSA, among other tier-2 authorities.
Pros
	I'm pleased that there's a strong range of accessible payment methods, including bank wire, cards, e-wallets and cryptos The free demo with unlimited usage is a game-changer for those who want to continuously test their strategies DeFi enthusiasts can speculate on an impressive range of 80+ cryptocurrency CFD products I appreciate the 24/6 customer support available in 6 languages, via email and live chat High leverage rates of 1:2000 are on offer for experienced margin traders
Cons
	I think retail clients should look elsewhere for robust regulatory oversight since Equiti's main brokerage branch is regulated offshore Equiti falls short in terms of educational material and extra tools, with one of the most basic offerings I have seen I'm disappointed that bank transfer and e-wallet withdrawals are subject to a fee of 1% up to $30
FCA Regulated
No	Yes
Instruments
CFDs, Forex, Stocks, Cryptos	Forex, CFDs, indices, shares, commodities, cryptocurrencies
Demo Account
Yes	Yes
Minimum Deposit
$250	$500
Payment Methods
Paysafecard Yandex Money	GlobePay Neteller Skrill Visa
Minimum Trade
0.1 Lots	0.01 Lots
Regulator
CySec	FSA, JSC, CMA, SCA, CBA, FCA
Mobile Apps
iOS, Android and Windows	Yes
iOS App Rating

Android App Rating

Margin Trading
No	No
MetaTrader 4
Yes	Yes
MetaTrader 5
No	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
No	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
No	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	No
Auto Trading
	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	No
Social Trading
No	Yes
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
No	Yes
Commodities
	Gold
CFD
	The broker's CFD range encompasses all my favorites: forex, US, UK and European stocks, international ETFs, energy commodities, global stock indices and cryptos. They're all available with competitive ECN conditions from within the MT4 or MT5 trading platforms.
Leverage
1:30 (EU), 1:200 (Global)	1:500
FTSE Spread
1 pt	1.2
GBPUSD Spread<
0.2 pips (var)	0.2
Oil Spread
1 pip	0.028
Stocks Spread
0.2% Var	Variable
Forex
24Option deliver a high quality forex trading service, with over 45 currency pairs and variable spreads from just 3 pips.	During my testing, I uncovered nearly 70 foreign exchange CFDs - not a bad line-up compared to other brokers I review. The broker’s STP execution model means that execution times for me are generally quite low and spreads are competitive, starting from 0.0 pips.
Assets
45+	65
GBPUSD Spread
0.2 pips (var)	0.2
EURUSD Spread
0.2 pips (var)	1.6
EURGBP Spread
0.9 pips (var)	0.9
Cryptocurrency
24option offer crypto with the tightest margins. They also offer markets against a range of currencies, not just USD.	I’m pretty happy with Equiti’s 1:10 leverage and spreads from $5 on popular crypto pairs like BTCUSD. Savvy clients can also utilize the broker's signals and market news to get crypto trade ideas and keep abreast of industry developments.
Spread
BTC 0.4%, ETH 0.5%	Variable
Coins
BCH BTG BTC ETH LTC XRP XRM
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No
Binary Options
Boundary Options
Yes	No
Ladder Options
No	No

24Option	Equiti
Review	Review
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