EuroTrader vs FXOpen

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

Eurotrader vs FXOpen Comparison Table 2024
Eurotrader FXOpen
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2.8
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3.7
Eurotrader is ranked #97 among CFD brokers. FXOpen is ranked #72 among CFD brokers.
Review
Review
EuroTrader is a CySEC-regulated CFD broker, established in 2018. The brand aims to empower and educate traders of all abilities, offering bespoke software including a copy trading app. EuroTrader customers can also trade on MT4 and MT5, with VPS connectivity, market insights and trading calculators. FXOpen is a multi-asset broker with regulation from several trustworthy bodies including the UK's FCA. The broker offers CFD trading on forex, stocks, commodities, indices, cryptocurrencies and ETFs via the MetaTrader 4 & 5 and TradingView platforms.
Pros
  • Choice of account types to suit different experience levels and investment goals
  • Fee-free deposit methods, the majority offering instant processing
  • Copy trading app where you can follow the positions of other traders
  • 2000+ instruments including forex, commodities and cryptos
  • Free demo account that replicates live market conditions
  • High-quality EuroTrader Academy learning center
  • Trusted broker regulated by the CySEC
  • Commission-free trading accounts
  • Access to MetaTrader software
  • Islamic-friendly trading
  • No requotes
  • Phone dealing
  • News trading
  • 600+ instruments
  • True ECN model
  • Scalping permitted
  • Multiple payment methods
  • Bonuses and trading contests
  • Unlimited demo account
  • Copy trading (global traders)
  • Low minimum deposit (global traders)
  • MT4, MT5, TradingView & TickTrader platforms
Cons
  • Withdrawals take up to five days - slower than many alternatives
  • US traders not accepted
  • CFD trading only
  • Inactivity fee
  • Withdrawal fees apply for some methods
  • No access to all instruments on some accounts
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
Yes Yes
Instruments
CFDs, Forex, Stocks, Cryptos, Commodities Forex, CFDs, Indices, Commodities, Cryptocurrencies, ETFs, Shares
Demo Account
Yes Yes
Minimum Deposit
$50 £300
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
CySEC, FINMA, FSCA, FCA FCA, CySEC, ASIC
Mobile Apps
iOS & Android iOS & Android
iOS App Rating
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Android App Rating
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Margin Trading
No 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
No Yes
ECN Account
No Yes
DMA Account
No No
MAM Account
No 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
No Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Auto Trading
Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes Yes
Copy Trading Platform
FXOpen offers copy trading, enabling users to follow and copy the positions and strategies of other traders. Myfxbook and ZuluTrade are supported, two of the highest-rated and easiest to use third-party copy trading platforms on the market.
Social Trading
No Yes
Trade Signals
Yes Yes
VPS Hosting
No Yes
Tournaments
No Yes
Demo Competitions
No Yes
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$10
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • AUD
  • JPY
  • CHF
  • HKD
  • RUB
Commodities
  • Silver
  • Gold
  • Silver
  • Oil
  • Gasoline
CFD
EuroTrader offers leveraged CFDs on a large suite of 2000+ instruments with MT4/MT5 access. Trade with high leverage up to 1:500 and choice of pricing models, alongside 24/5 customer support. FXOpen offers CFDs on multiple assets including forex, stocks, commodities, indices, cryptocurrencies and ETFs. Leverage and spreads vary by instrument, with spreads starting from zero and fast order execution.
Leverage
1:500 1:30 (EU), 1:500 (Global)
FTSE Spread
6 0.8
GBPUSD Spread<
0.7 0.2
Oil Spread
3 4.0
Stocks Spread
Variable N/A
Forex
Trade 50+ major, minor and exotic currency pairs including EUR/USD and USD/JPY. Invest commission-free on the Micro Account with average spreads of 1.2 pips and a low $50 minimum deposit. FXOpen clients can trade 50+ forex pairs (28 on micro accounts) with leverage up to 1:30. Fees are competitive with spreads starting from zero with a small commission on ECN accounts, and slightly wider spreads and no commission on STP accounts.
Assets
59 50+
GBPUSD Spread
0.7 0.2
EURUSD Spread
0.2 0.2
EURGBP Spread
0.6 0.2
Cryptocurrency
Trade 17 cryptocurrency CFDs including Bitcoin and Ethereum with a 50% margin rate. Commission fees apply from 0.5%, which are reasonable but now the lowest. FXOpen offers CFDs on 40 cryptocurrency pairs, including cross-pairs with BTC as well as pairs with various fiat currencies such as GBP, USD and JPY. Crypto CFDs are tradeable with leverage of 1:2. Only pro traders can access crypto derivatives in the UK.
Spread
Variable Variable
Coins
  • BTC
  • ETH
  • LTC
  • BCH
  • BNB
  • BAT
  • DASH
  • EOS
  • ETC
  • IOT
  • NEO
  • OMG
  • TRX
  • XLM
  • XMR
  • XRP
  • 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
Eurotrader FXOpen
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