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10TradeFX vs Balancer

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

10TradeFX vs Balancer Comparison Table 2024
10TradeFX	Balancer

2.8	Not Rated
10TradeFX is ranked #91 among CFD brokers.	Balancer is ranked #79 among crypto brokers.
Review	Review
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.	Balancer is a decentralised crypto exchange with a focus on liquidity provision and smart contract pools.
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
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
FCA Regulated
No List of FCA Regulated Brokers	No List of FCA Regulated Brokers
Instruments
CFDs, Forex, Stocks, Cryptos, Commodities	Cryptos
Demo Account
Yes	No
Minimum Deposit
$50	$1
Payment Methods
Neteller Skrill Wire Transfer
Minimum Trade
0.01 Lots	$1
Regulator
SFSA
Mobile Apps
iOS & Android	No
iOS App Rating

Android App Rating

Margin Trading
Yes	No
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	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
Copy Trading
No	No
Social Trading
No	No
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	No
Account Currencies
USD
Commodities
Silver Oil
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.
Leverage
1:600
FTSE Spread
200
GBPUSD Spread<
1.5
Oil Spread
20
Stocks Spread
29
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.
Assets
39
GBPUSD Spread
1.5
EURUSD Spread
1.5
EURGBP Spread
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.	Balancer supports crypto investment and trading in a range of tokens on the exchange's sleek online platform.
Spread
Variable	N/A
Coins
BTC LTC ETH XRP	WETH BAL USDC DAI WBTC USDT mUSD MKR PERP YFI wNXM UMA LINK renBTC BZRX SRM AAVE UNI DOUGH COMP RPL PNK BTC++ USD++ DEFI+S DEFI+L SNX sUSD sBTC REN BAT ZRX imBTC pBTC AST LRC KNC OCEAN MTA CRV LPT REPv2 TBTC GUSD AMPL RLY ANT Nsure GNO NEC PRIME DEFI++ COMBO IDLE RAD MPL staBAL3 LDO stETH wstETH wDGLD EURS VITA EGL
Crypto Lending
No	Yes
Crypto Mining
No	Yes
Crypto Staking
No	No
Auto Market Maker
No	Yes

10TradeFX	Balancer
Review	Review
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