FXPIG vs DIF Broker

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

FXPIG vs DIF Broker Comparison Table 2024
FXPIG DIF Broker
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rating full
2.7
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3
FXPIG is ranked #97 among CFD brokers. DIF Broker is ranked #97 among CFD 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. DIF Broker was founded in 1999, with a vision to offer personalized brokerage services via innovative technology. The broker offers services to thousands of clients in over 20 countries, and is regulated by the Portuguese CMVM. Traders can access thousands of CFD instruments to trade on a powerful proprietary platform.
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
  • DIF Brokers offers a powerful and intutive proprietary trading terminal which I enjoyed using, with 40+ technical indicators and advanced graphical objects
  • I'm thoroughly impressed with the vast product catalog of 30,000+ CFD instruments including stocks, forex, futures and indices
  • I feel fairly confident in the broker's established reputation, long history in the financial industry, and CMVM regulatory oversight
  • I find fees at DIF broker very transparent and fair, coming in at 0.07% for Euronext Lisbon stock CFDs
Cons
  • Weak regulatory oversight from the VFSC
  • Below average education and market research
  • No swap-free account
  • I'm disappointed that the minimum deposit requirement of €2000 will price out most beginners, and the lack of any educational content is a further setback
  • The demo account is restricted to a time limit of 15 days, which is disappointing and far lower than most of the brokers I have reviewed
  • I think it's a bit of an oversight that the live chat customer support is only available to customers after they have registered
  • Those looking to diversify into the digital asset industry will be disappointed that crypto trading is not available
Awards
  • Best Online Broker Western Europe 2013 - 2017 - Global Banking & Finance Review
  • Best Multi-Asset Provider 2017 - Global Banking & Finance Review
FCA Regulated
No

List of FCA Regulated Brokers

No

List of FCA Regulated Brokers

Instruments
Forex, Indices, Metals, Single Stocks, Cryptos, Commodities Forex, CFDs, ETFs, indices, shares, energies, futures, options, bonds
Demo Account
Yes Yes
Minimum Deposit
$200 €2000
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
VFSC CMVM, CNMV
Mobile Apps
Yes Yes
iOS App Rating
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Android App Rating
rating empty
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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 No
Auto Trading
Yes
Copy Trading
Yes No
Social Trading
Yes No
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 No
Commodities
  • Gold
  • Gold
  • Silver
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. DIF Broker offers an impressive total of 30,000+ CFD instruments, which is far more than many brokers I review. That said, I think it's a shame that there's no additional tools or resources on offer for CFD traders.
Leverage
1:500 1:30
FTSE Spread
0.74 1
GBPUSD Spread<
0.906 3
Oil Spread
0.21 0.05
Stocks Spread
N/A Variable
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. I was particularly impressed to see a huge range of 180 major, minor and exotic currency pairs at DIF Broker. I was able to access sensible leverage up to 1:30 and no commission fees. Average spreads are OK but not the most competitive, coming in at around 1 pip for EUR/USD and 1.1 pip on GBP/USD.
Assets
80+ 180+
GBPUSD Spread
0.906 3
EURUSD Spread
0.243 3
EURGBP Spread
0.6 3
FXPIG DIF Broker
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