Errante vs FXOpen

Errante or FXOpen – which is better for UK traders 2025? Compare Errante and FXOpen in this detailed breakdown of their platforms, features and fees.

Errante vs FXOpen Comparison Table 2025
Errante FXOpen
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4
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3.7
Errante is ranked #48 among CFD brokers. FXOpen is ranked #63 among CFD brokers.
Errante, a regulated forex and CFD broker based in Cyprus, provides trading on a variety of assets with leveraged options. It offers tiered accounts, including one with zero spreads, and supports copy trading. Under its CySEC regulation, leverage is available up to 1:30, while its offshore branch offers leverage up to 1:500. Traders can utilise MetaTrader 4 and MetaTrader 5 platforms. Although Errante's asset selection is somewhat limited, the company is known for its fast execution, low latency, and reliability. Founded in 2005, FXOpen is a well-regulated broker that has drawn over one million traders. Tailored for active trading, it offers a diverse range of over 700 markets. The platform facilitates high-frequency trading, scalping, and various algorithmic strategies through the use of expert advisors (EAs).
Pros
  • Respected and reliable broker dealing in multiple assets.
  • Compatible with cTrader, MT4, and MT5 platforms, this service suits seasoned traders. It facilitates efficient trading, offering tools for analysing market trends promptly. Traders can leverage advanced technology for strategic decision-making, enhancing their market engagement.
  • An excellent selection of cryptocurrencies, such as Bitcoin.
  • Excellent range of educational resources and effective trading instruments.
  • Open an account with ease in four simple steps.
  • Copy trading accessible for traders.
  • Minimal initial deposit
  • FXOpen integrated TradingView in 2022 and enhanced its TickTrader platform in 2024. This upgrade delivers Level 2 pricing, over 1,200 trading instruments, and sophisticated order options. The platform appeals to both seasoned and high-frequency traders.
  • FXOpen significantly cut FX spreads by over 40% in 2022. In 2023, they launched commission-free index trading. These changes make trading more economical for traders.
  • In 2024, FXOpen simplified its account options. Traders now benefit from ECN accounts with raw spreads starting at 0.0 pips. The platform offers rapid execution and reduced commissions for those with high trading volumes, enhancing user experience.
Cons
  • Limited range of stocks
  • MT4 is not accessible to traders within the EU.
  • Accessing advanced educational content often incurs significant costs.
  • Substantial deposits are required to access premium account levels, offering more advantageous trading conditions.
  • Though FXOpen remains a trusted broker with authorizations from the FCA and CySEC, it lost its ASIC license in 2024 due to 'serious concerns.' Consequently, it no longer accepts traders from Australia.
  • FXOpen's educational resources are quite limited, with a scarcity of courses and webinars commonly available at brokers such as IG. This deficiency may deter novice traders looking to enhance their understanding.
  • Even with an expanded asset portfolio, FXOpen provides a more limited selection of global stocks, commodities, and cryptocurrencies compared to the leading firm BlackBull. This results in fewer diverse trading opportunities for traders.
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
  • Best ECN Broker 2012 - Masterforex-V
  • Best Forex Broker in Australasia 2011 - World Finance Magazine
  • Best Islamic Forex Broker 2011 - IB Times Trading Awards
  • Best South-East Asia Forex Broker and Best ECN Forex Broker 2011 - IB Times Trading Awards
  • Best Trading Platform 2010 - Falcon Awards
FCA Regulated
No

List of FCA Regulated Brokers

Yes
Instruments
CFDs, Stocks, Indices, Forex, Metals, Energies, Cryptos CFDs, Forex, Stocks, Indices, Commodities, Crypto, ETFs
Demo Account
Yes Yes
Minimum Deposit
$50 $100
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
CySEC, FSA FCA, CySEC, FC
Mobile Apps
iOS & Android iOS & Android
Trading App

The FXOpen Trading App is a user-friendly mobile app for trading 700+ global markets. With real-time data, level 2 pricing, live charts, and financial news, it’s been refined over the years to deliver one of the highest Android app store ratings we’ve seen – a testament to its top-notch user experience.

iOS App Rating
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5
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5
Android App Rating
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4.9
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5
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes Yes
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 Yes
ECN Account
Yes Yes
DMA Account
No Yes
MAM Account
Yes No
PAMM Account
No Yes
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 Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes Yes
Copy Trading Platform
Errante's copy trading platform offers users the ability to select from a range of master traders, providing insights into their performance, volatility, and recovery metrics. Users can follow an unlimited number of traders. FXOpen's PAMM Copy Trading service enables investors to replicate the strategies of seasoned traders. It offers a clear, performance-focused system with flexibility, automated profit-sharing, and thorough account management.
Social Trading
No No
Trade Signals
MetaTrader Yes
VPS Hosting
Yes Yes
Tournaments
No Yes
Demo Competitions
No Yes
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$15 $10
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • USD
  • EUR
  • GBP
  • AUD
  • JPY
  • CHF
  • SGD
  • RUB
Commodities
  • Oil
  • Natural Gas
  • Cocoa
  • Coffee
  • Copper
  • Cotton
  • Sugar
  • Silver
  • Gold
  • Palladium
  • Platinum
  • Gold
  • Silver
  • Oil
  • Natural Gas
CFD
Errante clients can engage in trading stocks, indices, commodities, and cryptocurrencies through leveraged CFDs. Leverage levels are regulated; in the EU, the maximum is typically set at 1:30, though it may differ depending on the asset. FXOpen offers an impressive array of CFDs, including over 700 assets like stocks, indices, currencies, commodities, cryptocurrencies, and a wider selection of ETFs. Since 2022, the inclusion of TradingView and enhancements to the TickTrader platform have equipped traders with superior tools. FXOpen thus delivers a comprehensive trading experience.
Leverage
1:500 1:30 (EU, UK), 1:1000 (Global)
FTSE Spread
From 1.5 pips (Standard Account) 0.7
GBPUSD Spread<
From 1.5 pips (Standard Account) 0.4
Oil Spread
From 1.5 pips (Standard Account) 0.04
Stocks Spread
From 1.5 pips (Standard Account) 0.40 (Apple)
Forex
Errante provides traders with access to over 50 forex pairs, offering leverage up to 1:500, depending on location. With rapid execution and narrow spreads, the broker caters particularly well to those holding VIP and Tailor-Made accounts.
Assets
50+ 50+
GBPUSD Spread
From 1.5 pips (Standard Account) 0.4
EURUSD Spread
From 1.5 pips (Standard Account) 0.2
EURGBP Spread
From 1.5 pips (Standard Account) 0.5
Cryptocurrency
Errante clients can trade 26 cryptocurrencies, all paired with USD. While CFDs enable leveraged trading, remember you won't actually own the underlying assets. FXOpen provides more than 40 cryptocurrency CFDs, featuring both crypto-only pairs and those paired with traditional currencies like GBP, USD, and JPY. Traders can leverage their crypto CFD trades at a ratio of 1:2. There are three types of orders available: market, limit, and stop, and scripts are on hand for automated trading.
Spread
From 1.5 pips (Standard Account) 9.0 (BTC)
Coins
  • BTC
  • ETH
  • LTC
  • BCH
  • XRP
  • DASH
  • EOS
  • IOTA
  • NEO
  • OMG
  • QTU
  • TRX
  • XMR
  • ZEC
  • BTC
  • BCH
  • ETH
  • LTC
  • ETC
  • EOS
  • DSH
  • XRP
  • IOT
  • XMR
  • NEO
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Errante FXOpen
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