FXPIG vs CoinMama

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

FXPIG vs Coinmama Comparison Table 2024
FXPIG Coinmama
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2.7
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2.9
FXPIG is ranked #97 among CFD brokers. Coinmama is ranked #10 among crypto brokers.
FXPIG is an offshore STP broker founded in 2010. The brand has partnered with 20+ tier-one and tier-two liquidity providers to offer fast execution speeds of <10ms and tight spreads. FXPIG provides access to a range of asset classes with a choice of third-party trading software. Coinmama is a popular cryptocurrency exchange that aims to provide streamlined and user-friendly cryptocurrency trading options to the retail market. Traders can buy a range of tokens via a fiat on-ramp, store their tokens in a third-party wallet and earn loyalty bonuses for trading with Coinmama. Millions of clients from over 180 countries have signed up to the firm.
Pros
  • Access to 'Smart Trading Tools' such as correlation matrix, sentiment data and an economic calendar
  • Free demo account plus entry into trading contests with cash prizes up to $800
  • Two pricing models for different trading goals and experience levels
  • Responsive customer support via live chat, telephone and email
  • STP trading with ultra-fast execution speeds
  • MT4, MT5, cTrader and FIX API available
  • 80+ forex pairs with low spreads
  • Diverse methods to buy crypto with fiat including e-wallets, SEPA, bank transfers and SWIFT
  • Save on fees and commissions with larger deposits
  • Choice of third-party wallets to store your tokens
  • Used by more than 3 million crypto investors
  • Straightforward to use for beginners
  • Loyalty bonuses with fee discounts
Cons
  • Weak regulatory oversight from the VFSC
  • Below average education and market research
  • No swap-free account
  • No iOS mobile app for iPhone and poor quality Android (APK) app
  • No direct crypto trading – clients must first purchase BTC or ETH
  • Poor selection of cryptocurrencies compared to competitors
  • High commissions from 2.93% for the highest tier account
  • User reviews reveal some quality issues
  • Limited wallet compatibility vs MetaMask
FCA Regulated
No

List of FCA Regulated Brokers

No

List of FCA Regulated Brokers

Instruments
Forex, Indices, Metals, Single Stocks, Cryptos, Commodities Cryptos
Demo Account
Yes No
Minimum Deposit
$200 $30
Payment Methods
Minimum Trade
0.01 Lots $30 to buy, $100 to sell
Regulator
VFSC FinCEN, FINTRAC
Mobile Apps
Yes Android only
iOS App Rating
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Android App Rating
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Margin Trading
No No
MetaTrader 4
Yes No
MetaTrader 5
No No
cTrader
Yes No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
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
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Auto Trading
Yes
Copy Trading
Yes No
Social Trading
Yes No
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 No
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
Commodities
  • Gold
CFD
Trade leveraged CFDs with rates up to 1:500. You can go long or short on assets from major economies, including the US, UK and Europe. The broker offers industry-leading CFD trading software.
Leverage
1:500
FTSE Spread
0.74
GBPUSD Spread<
0.906
Oil Spread
0.21
Stocks Spread
N/A
Forex
FXPIG offers 80+ currency pairs via MT4, MT5, cTrader or FIX API. Clients can benefit from 100% STP execution and high leverage up to 1:500. Trade with raw spreads from 0 pips, with commissions as low as $2 per lot, per side.
Assets
80+
GBPUSD Spread
0.906
EURUSD Spread
0.243
EURGBP Spread
0.6
Cryptocurrency
Buy, hold and sell 16 crypto tokens including major players like BTC and ETH and lesser-known tokens such as LRC. Use a range of fiat currencies to buy the digital assets, including USD. Cryptos are stored in third-party wallets.
Spread
From 2.93% to 3.90%. Express fees of 0-5.00% also apply.
Coins
  • BTC
  • ETH
  • LTC
  • BCH
  • XRP
  • DOGE
  • UNI
  • LINK
  • XTZ
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
FXPIG Coinmama
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