SmartFX vs Trade.com

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

SmartFX vs Trade.com Comparison Table 2024

SmartFX	Trade.com
1.3	3.7
SmartFX is ranked #97 among CFD brokers.	Trade.com is ranked #39 among CFD brokers.
Review	Review
SmartFX is an offshore regulated CFD and forex broker with MT5 integration and 5000+ instruments. The brand offers 24/5 customer support and one account type for simplicity. SmartFX is regulated by the Vanuatu Financial Services Commission (VFSC).	Trade.com is a trustworthy online broker with a global presence. The broker offers 2,100+ CFDs in major markets, as well as futures, options and more. The broker offers best-in-class platforms and superior analysis tools for experienced traders. The broker is also regulated by top-tier authorities including the FCA and CySEC.
	78.60% of retail CFD accounts lose money.
Pros
I'm pleased to see the world-renowned MetaTrader 5 terminal available, with all integrated tools including the MQL5 development environment, signals and a forex VPS There's 24/5 multilingual customer support available via live chat, telephone and email, making it easy for clients to reach the broker during peak times I found commission-free deposits and withdrawals on offer with instant processing times for some account funding methods I like that beginners can access copy trading opportunities via the Social Trading network	Low starting deposit Free demo account for new traders DMA investing with low trading fees Full range of investments including CFDs and spread betting Advanced trading platform with a suite of analysis tools and order types Support for the market-leading MetaTrader 4 platform and mobile apps
Cons
I'm concerned about the general lack of transparency on the website which makes me question how much trust I can put in this broker The offshore regulatory oversight by the Vanuatu Financial Services Commission (VFSC) raises serious security concerns for me There's barely any additional tools and resources available, and the educational content is weak compared to top brands I wasn't able to access any cryptocurrency trading opportunities, which is a drawback compared to similar brands	No bonuses for EU residents Copy trading withdrawn
FCA Regulated
No List of FCA Regulated Brokers	Yes
Instruments
Forex, CFD-indices, CFD-equities, futures	Forex, CFDs, Indices, Shares, Commodities, ETFs, Bonds, Cryptos, Warrants, IPOs, Futures, Mutual Funds, Fixed Income, Options
Demo Account
Yes	Yes
Minimum Deposit
$500	$100
Payment Methods
Neteller Skrill Visa Wire Transfer	Credit Cards Mastercard Neteller PayPal SafeCharge Skrill Sofort Trustly Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
VFSC	FCA, CySEC, FSC, FSCA, FINRA
Mobile Apps
Yes	iOS & Android
iOS App Rating
Android App Rating
Margin Trading
No	Yes
MetaTrader 4
No	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	Yes
STP Account
No	No
ECN Account
No	No
DMA Account
No	Yes
MAM Account
No	Yes
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	Yes
Auto Trading
Yes	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	No
Social Trading
No	No
Trade Signals
Yes	Yes (MT4 & MT5)
VPS Hosting
No	Yes
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	Yes
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
	$25
Islamic Account
No	No
Account Currencies
	USD EUR GBP
Commodities
Gold Silver	Gold Silver Copper Oil Natural Gas Cocoa Coffee Corn Cotton Sugar Wheat Palladium Platinum
CFD
I think the 5000+ CFD instruments including forex, commodities, indices and stocks should serve active traders well. The MT5 platform also offers plenty of advanced tools and features to facilitate complex CFD trading strategies.	Access over 2,000 CFDs across diverse markets including indices, commodities and bonds. There is also premium daily analysis and strategy resources for savvy traders.
Leverage
1:400	1:30 (EU), 1:300 (Global)
FTSE Spread
Floating	1.4
GBPUSD Spread<
Floating	0.8
Oil Spread
Floating	2.0
Stocks Spread
Variable	Variable
Forex
I found an average range of 45+ major, minor and exotic currency pairs at SmartFX, tradable on the MT5 platform. I did appreciate the flexible leverage up to 1:400 and minimum order sizes from 0.01 lots.	As well as a competitive selection of 55+ forex pairs, traders can access high leverage up to 1:300. You can also enjoy advanced analysis from Trading Central with easy integration into MetaTrader 4.
Assets
43	55+
GBPUSD Spread
Floating	0.8
EURUSD Spread
Floating	0.8
EURGBP Spread
Floating	1.6
Cryptocurrency
	Over 10 of the most popular cryptos are available with leverage of 1:2. With just a $100 minimum deposit, traders can benefit from advanced crypto analysis tools.
Spread
	Raw spread + 0.5% commission
Coins
	BTC BCH DSH ETH LTC XRP DOT EOS LINK XLM
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No
SmartFX	Trade.com
Review	Review
	78.60% of retail CFD accounts lose money.
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