10TradeFX vs AMarkets
10TradeFX or AMarkets – which is better for UK traders 2024? Compare 10TradeFX and AMarkets in this detailed breakdown of their platforms, features and fees.
10TradeFX | AMarkets |
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10TradeFX is ranked #91 among CFD brokers. | AMarkets 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. | AMarkets is an established forex and CFD broker registered in the Cook Islands. Founded in 2007, the brokerage has over 1 million clients and is regulated in several offshore jurisdictions, including St Vincent and the Grenadines and Mwali. Over 1400 instruments are available on the popular MT4 and MT5 platforms. |
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Cons | |
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Awards | |
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FCA Regulated | |
No | No |
Instruments | |
CFDs, Forex, Stocks, Cryptos, Commodities | Forex, CFDs, indices, shares, commodities, cryptocurrencies, bonds |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$50 | $100 |
Payment Methods | |
Minimum Trade | |
0.01 Lots | 0.01 Lots |
Regulator | |
SFSA | FSA SVG |
Mobile Apps | |
iOS & Android | Yes |
iOS App Rating | |
Android App Rating | |
Margin Trading | |
Yes | No |
MetaTrader 4 | |
No | Yes |
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 | No |
STP Account | |
Yes | 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 | |
Yes | No |
Market Maker | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
No | No |
Auto Trading | |
Expert Advisors (EAs) on MetaTrader | |
Copy Trading | |
No | Yes |
Copy Trading Platform | |
The copy trading service is a good option for newer traders and you can pick investors to follow based on their profitability, fees, number of followers and more. The $100 starting deposit is also accessible for beginners. | |
Social Trading | |
No | Yes |
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 | |
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. | Experienced traders can access leverage up to 1:1000 on a range of CFDs across metals, energies, indices and more. Beginners can also follow and copy successful CFD trades in the copy trading account. |
Leverage | |
1:600 | 1:1000 |
FTSE Spread | |
200 | 64 |
GBPUSD Spread< | |
1.5 | 0.6 |
Oil Spread | |
20 | 3 |
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. | AMarkets offers a decent range of 42 majors, minors and exotics with low spreads from 0.2 pips in the ECN account. With that said, Standard account spreads come in at around 1.5 pips for EUR/USD, which is higher than the best forex brokers. |
Assets | |
39 | 42 |
GBPUSD Spread | |
1.5 | 0.6 |
EURUSD Spread | |
1.5 | 0.3 |
EURGBP Spread | |
1.5 | 1.5 |
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. | Access a decent range of crypto pairs against USD and deposit just 10 MBT to access the broker's Micro Bitcoin account. Deposit methods include Bitcoin, Binance Coin and Ethereum. |
Spread | |
Variable | From 30 |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
10TradeFX | AMarkets |
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