10TradeFX vs AZAforex

10TradeFX or AZAforex – which is better for UK traders 2024? Compare 10TradeFX and AZAforex in this detailed breakdown of their platforms, features and fees.

10TradeFX vs AZAforex Comparison Table 2024
10TradeFX AZAforex
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2.8
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3.4
10TradeFX is ranked #91 among CFD brokers. AZAforex is ranked #6 among binary options 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. AZAforex is a multi-asset broker founded in 2016. The brand offers a sophisticated proprietary platform, ECN trading and 40+ deposit methods. The brokerage has 120,000+ registered customers with copy trading and a VPS.
Pros
  • I appreciate the flexible access to the MetaTrader 5 web and mobile platforms as well as TradingView charting and copy trading functionality
  • There are some diverse and popular asset classes on offer including forex, stocks, crypto and NFTs
  • I'm a fan of the comprehensive learning academy backed by London’s Association of Trading & Investment (ATI)
  • I like that traders can benefit from the Funded Trader program with up to $500,000 account size and 70% profit split
  • Range of crypto, e-wallet, credit/debit card and wire transfer options
  • 16 fiat and 6 crypto account base currencies
  • Loyalty bonuses and rebate program
  • Low minimum deposit of $1
  • Very high leverage up to 1:1000
  • Copy trading and PAMM account
  • Free VPS for VIP accounts
  • Demo account available
Cons
  • I'm disappointed that the broker is regulated offshore by the Seychelles Financial Services Authority (SFSA) and is not overseen by any top-tier authority
  • I don't like how limited the shares offering is at 10TradeFX, putting them low in my rankings for market availability
  • Unregulated broker reduces its safety score
  • Withdrawal fees for some payment methods
  • Limited educational content and resources
  • Some poor customer reviews
  • No MetaTrader access
FCA Regulated
No

List of FCA Regulated Brokers

No

List of FCA Regulated Brokers

Instruments
CFDs, Forex, Stocks, Cryptos, Commodities CFDs, Forex, Stocks, Cryptos, Commodities
Demo Account
Yes Yes
Minimum Deposit
$50 $1
Payment Methods
Minimum Trade
0.01 Lots 0.00001 Lots
Regulator
SFSA
Mobile Apps
iOS & Android iOS & Android
iOS App Rating
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Android App Rating
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Margin Trading
Yes Yes
MetaTrader 4
No No
MetaTrader 5
Yes 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
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 No
Copy Trading
No No
Social Trading
No No
VPS Hosting
No Yes
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
  • USD
  • USD
  • THB
  • VND
  • UAH
Commodities
  • Silver
  • Oil
  • Oil
  • Silver
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. Trade 200+ CFDs with leverage up to 1:1000 on a powerful proprietary platform. Asset classes include stocks, forex and crypto with ECN execution. You can bet on rising and falling prices with leveraged CFDs.
Leverage
1:600 1:1000
FTSE Spread
200 Variable
GBPUSD Spread<
1.5 Variable
Oil Spread
20 Variable
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. Trade 49 major, minor and exotic currency pairs with fixed spreads or ECN pricing with no dealing desk intervention and a low starting deposit. You can analyze the currency markets using the broker's in-house trading platform.
Assets
39 72
GBPUSD Spread
1.5 Variable
EURUSD Spread
1.5 Variable
EURGBP Spread
1.5 Variable
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. Invest in 10 popular cryptos such as Bitcoin and Ethereum. A choice of six crypto account base currencies are available plus a welcome bonus for new traders.
Spread
Variable Variable
Coins
  • BTC
  • LTC
  • ETH
  • XRP
  • BTC
  • BCH
  • DASH
  • ETH
  • LTC
  • USDC
  • USDT
  • XMR
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Binary Options
AZAforex offers binary options with time-dependent payouts that can be taken out on any asset included as a CFD or spot instrument. Over 50 binary options are available with a $1 minimum stake and payouts up to 190%.
Payout
190%
Boundary Options
No No
Ladder Options
No No
10TradeFX AZAforex
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