10TradeFX vs Absolute Markets
10TradeFX or Absolute Markets – which is better for UK traders 2024? Compare 10TradeFX and Absolute Markets in this detailed breakdown of their platforms, features and fees.
10TradeFX | Absolute Markets |
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10TradeFX is ranked #91 among CFD brokers. | Absolute Markets is ranked #91 among CFD brokers. |
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. |
Absolute Markets has closed or no longer accepts UK clients.
Absolute Markets is a multi-asset broker offering the MT4 platform, copy trading and ultra-fast trade executions. |
Pros | |
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Cons | |
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Awards | |
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FCA Regulated | |
No | No |
Instruments | |
CFDs, Forex, Stocks, Cryptos, Commodities | CFDs on forex, indices, shares, commodities, cryptocurrencies, futures |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$50 | $50 |
Payment Methods | |
Minimum Trade | |
0.01 Lots | 0.01 Lots |
Regulator | |
SFSA | SVGFSA |
Mobile Apps | |
iOS & Android | iOS & Android |
iOS App Rating | |
Android App Rating | |
Margin Trading | |
Yes | Yes |
MetaTrader 4 | |
No | Yes |
MetaTrader 5 | |
Yes | No |
cTrader | |
No | No |
AlgoTrader | |
No | No |
OmniTrader | |
No | No |
TradingView | |
No | Yes |
Autochartist | |
No | No |
eSignal | |
No | No |
Trading Central | |
No | No |
STP Account | |
Yes | No |
ECN Account | |
No | Yes |
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 | |
Yes | Yes |
Market Maker | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
No | Yes |
Auto Trading | |
Expert Advisors (EAs) on MetaTrader | |
Copy Trading | |
No | Yes |
Copy Trading Platform | |
Copy trading services are offered within the proprietary WebTrader platform. Follow leading investors or create strategies and earn a profit client that copy your positions. | |
Social Trading | |
No | Yes |
Trade Signals | |
TradingView | |
VPS Hosting | |
No | No |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$5 | |
Islamic Account | |
Yes | Yes |
Account Currencies | |
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Commodities | |
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CFD | |
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. | Absolute Markets offers competitive trading conditions on a range of contracts for difference. |
Leverage | |
1:600 | 1:1000 |
FTSE Spread | |
200 | From 1.2 pips |
GBPUSD Spread< | |
1.5 | From 1.2 pips |
Oil Spread | |
20 | From 1.2 pips |
Stocks Spread | |
29 | Variable |
Forex | |
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. | Speculate on 200+ major and minor currency pairs with variable spreads based on the account type. |
Assets | |
39 | 200+ |
GBPUSD Spread | |
1.5 | From 1.2 pips |
EURUSD Spread | |
1.5 | From 1.2 pips |
EURGBP Spread | |
1.5 | From 1.2 pips |
Cryptocurrency | |
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. | Trade popular crypto tokens against major currenciess |
Spread | |
Variable | Variable |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
10TradeFX | Absolute Markets |
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