SpeedTrader vs Paxful

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

SpeedTrader vs Paxful Comparison Table 2024
SpeedTrader Paxful
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3
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3.8
SpeedTrader is ranked #118 among UK brokers. Paxful is ranked #83 among crypto brokers.
SpeedTrader is an online stock broker based in New York. Founded in 1999, the brokerage provides direct access trading software to experienced stock traders, with over 25 routing options. The broker is authorized by FINRA and SIPC, providing robust client protection.
Paxful has closed or no longer accepts UK clients.
Paxful is a crypto trading exchange and digital wallet offering low fees and easy sign-up.
Pros
  • Access a range of US stocks, options, bonds and mutual funds, plus extended hours trading available from 4am to 8pm EST
  • Two powerful platforms with level 1 price data, live news streams, advanced charting and more
  • Heavily regulated in the US by FINRA, plus SIPC compensation coverage up to $500,000
  • Competitive fees at $0.0009 per share and $0.25 per options contract
  • Reliable 24/7 customer support via live chat, telephone and email
  • Multiple routing options
  • Short selling aids
Cons
  • Only US stocks available, with no forex, commodities or cryptos
  • Not suitable for beginners with a $30,000 minimum deposit
  • Mobile trading is limited to iPhone and iPad users
  • Demo account valid for 14 days only
  • $30 inactivity fee every quarter
  • $35 withdrawal fee
  • No APIs
FCA Regulated
No

List of FCA Regulated Brokers

No
Instruments
Stocks, options, bonds, mutual funds Cryptos
Demo Account
Yes No
Minimum Deposit
$30,000 0.005 BTC
Payment Methods
Minimum Trade
1 Share $10
Regulator
FINRA, SIPC
Mobile Apps
Yes Android & iOS
iOS App Rating
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Android App Rating
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Margin Trading
No Yes
MetaTrader 4
No No
MetaTrader 5
No No
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 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 Yes
Spot Trading
No Yes
Auto Trading
No
Copy Trading
No No
Social Trading
No 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
Account Currencies
  • USD
  • EUR
  • GBP
Cryptocurrency
Paxful offers buying and selling of the world's leading cryptocurrencies.
Spread
Rates set by vendors
Coins
  • BTC
  • ETH
  • USDT
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
SpeedTrader Paxful
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