ProfitiX vs FxGrow
ProfitiX or FxGrow – which is better for UK traders 2024? Compare ProfitiX and FxGrow in this detailed breakdown of their platforms, features and fees.
ProfitiX | FxGrow |
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ProfitiX is ranked #97 among CFD brokers. | FxGrow is ranked #97 among CFD brokers. |
ProfitiX offers an interactive desktop and mobile trading experience via MT5. | FxGrow is a forex and CFD broker founded in 2008 and regulated in Cyprus and Vanuatu. The brokerage offers 500+ trading instruments on the MetaTrader 5 platform, with ECN accounts and commission-free trading. Since it launched, the broker has gained over 80,000 clients and more than 10 industry awards. |
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Cons | |
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Awards | |
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FCA Regulated | |
No | No |
Instruments | |
Forex, CFDs, indices, shares, commodities, cryptocurrencies | Forex, CFDs, futures |
Demo Account | |
No | Yes |
Minimum Deposit | |
$250 | $100 |
Payment Methods | |
Minimum Trade | |
0.01 Lots | 0.01 Lots |
Regulator | |
CySEC | |
Mobile Apps | |
Yes | Yes |
iOS App Rating | |
Android App Rating | |
Margin Trading | |
No | No |
MetaTrader 4 | |
No | No |
MetaTrader 5 | |
Yes | Yes |
cTrader | |
No | No |
AlgoTrader | |
No | No |
OmniTrader | |
No | No |
TradingView | |
No | No |
Autochartist | |
No | No |
eSignal | |
No | No |
Trading Central | |
No | Yes |
STP Account | |
No | 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 | |
Expert Advisors (EAs) on MetaTrader | Expert Advisors (EAs) on MetaTrader |
Copy Trading | |
No | No |
Social Trading | |
No | No |
Trade Signals | |
Yes (MT5) | 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 | Yes |
Account Currencies | |
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Commodities | |
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CFD | |
ProfitiX offers CFDs in a range of financial markets with a choice of five account tiers. | Go long or short on a range of CFDs, including on futures with up to 1:100 leverage. On the downside, commissions are higher than many alternatives in the ECN Plus account, at $8 per lot. |
Leverage | |
1:400 | 1:30 |
FTSE Spread | |
Variable & Fixed | Not offered |
GBPUSD Spread< | |
Variable & Fixed | 0.5 |
Oil Spread | |
Variable & Fixed | Floating |
Stocks Spread | |
Variable & Fixed | Floating |
Forex | |
Trade a list of currencies with floating and fixed spreads depending on the account. | FxGrow offers a decent range of 60+ forex pairs with competitive spreads from 0.3 pips on the EUR/USD. With that said, spreads are relatively wide in the starter account at 1.1 pips. |
Assets | |
100+ | 60+ |
GBPUSD Spread | |
Variable & Fixed | 0.5 |
EURUSD Spread | |
Variable & Fixed | 0.3 |
EURGBP Spread | |
Variable & Fixed | 0.5 |
Cryptocurrency | |
Trade top cryptos, including Bitcoin Gold against the USD and EUR. | FxGrow offers Bitcoin, Bitcoin Cash, Litecoin and Ethereum against USD. We like that the broker also provides daily technical analysis on all crypto symbols. |
Spread | |
Variable & Fixed | BTC, BCH, LTC, ETH |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
ProfitiX | FxGrow |
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