Key To Markets vs 10TradeFX

Key To Markets or 10TradeFX – which is better for UK traders 2024? Compare Key To Markets and 10TradeFX in this detailed breakdown of their platforms, features and fees.

Key To Markets vs 10TradeFX Comparison Table 2024
Key To Markets 10TradeFX
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2.8
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2.8
Key To Markets is ranked #97 among CFD brokers. 10TradeFX is ranked #97 among CFD brokers.
Key To Markets is an ECN brokerage firm that was set up in London in 2010 for retail, professional and institutional investors to access a reliable and consistently-priced trading environment. The broker is regulated by the UK's FCA and the FSC in Mauritius. 10TradeFX is an offshore regulated forex and CFD broker. The brand offers MetaTrader platform integration with spreads as low as 0.1 pips. The broker offers true STP and ECN execution. The low minimum deposit, social trading and funded trader account programme makes 10TradeFX appealing to new traders.
Pros
  • I'm glad to see that one of Key To Markets' regulatory licenses is from the UK's Financial Conduct Authority (FCA), a highly respected authority with top-tier safeguarding measures
  • I was impressed by the inclusion of social trading options and access to a free virtual private server (VPS), providing a more extensive range of services than the average online broker
  • I like that all clients can freely access MetaTrader 4 and MetaTrader 5, two of the industry's top platforms with impressive analysis tools and intuitive automation capability
  • It's also good to see a range of educational content and free analysis material that is regularly updated and provides clients with a deeper understanding of the markets
  • I experienced tight spreads when I tested Key To Markets and found no additional costs to consider, not even deposit or withdrawal fees
  • I appreciate the flexible access to the MetaTrader 5 web and mobile platforms as well as TradingView charting and copy trading functionality
  • There are some diverse and popular asset classes on offer including forex, stocks, crypto and NFTs
  • I'm a fan of the comprehensive learning academy backed by London’s Association of Trading & Investment (ATI)
  • I like that traders can benefit from the Funded Trader program with up to $500,000 account size and 70% profit split
Cons
  • I think the lack of commission-free, STP account types will restrict the broker's accessibility to beginners and less experienced traders
  • I would prefer to see a wider range of product classes to allow for greater diversification opportunities
  • Any deposits or withdrawals not made via wire transfer will incur costly transaction fees
  • I'm disappointed that the broker is regulated offshore by the Seychelles Financial Services Authority (SFSA) and is not overseen by any top-tier authority
  • I don't like how limited the shares offering is at 10TradeFX, putting them low in my rankings for market availability
FCA Regulated
Yes No

List of FCA Regulated Brokers

Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies CFDs, Forex, Stocks, Cryptos, Commodities
Demo Account
Yes Yes
Minimum Deposit
$100 $50
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FCA, FSA SFSA
Mobile Apps
Yes iOS & Android
iOS App Rating
rating empty
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Android App Rating
rating empty
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Margin Trading
No Yes
MetaTrader 4
Yes No
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 Yes
ECN Account
No No
DMA Account
No No
MAM Account
Yes 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 Yes
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
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 Yes
Account Currencies
  • USD
Commodities
  • Gold
  • Silver
  • Natural Gas
  • Silver
  • Oil
CFD
The broker's selection of 180 CFD products is pretty small compared to competitors and I found it quite limiting that these only span forex, indices, commodities and stocks. 10TradeFX offers 200+ CFDs available to trade on the MT5 terminal. This is a relatively small range compared to most competitors I've reviewed. That said, the minimum deposit requirement to get started is only $50, which is great news for beginners.
Leverage
1:30 1:600
FTSE Spread
2 200
GBPUSD Spread<
0.7 1.5
Oil Spread
0.46 20
Stocks Spread
Variable 29
Forex
My evaluations uncovered a decent range of 65 forex instruments, comprising major, minor and exotic currency pairs, available with leverage rates of up to 1:30 and ECN execution. My tests uncovered an average range of 40+ major, minor and exotic currency pairs with spreads as low as 0.1 pips and leverage up to 1:500. I like that the broker offers flexible contract sizes between 0.01 and 1 lot.
Assets
65 39
GBPUSD Spread
0.7 1.5
EURUSD Spread
0.4 1.5
EURGBP Spread
0.7 1.5
Cryptocurrency
Trade cryptos against the US Dollar and Euro. There are 10+ crypto instruments available, including Bitcoin, Ethereum and Litecoin. Again, this is pretty limited for active crypto traders but I am glad to see some popular altcoins available 24/7 including Polkadot and Chainlink.
Spread
Variable Variable
Coins
  • BTC
  • BCH
  • DSH
  • ETH
  • LTC
  • XRP
  • BTC
  • LTC
  • ETH
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Key To Markets 10TradeFX
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Key To Markets
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