10TradeFX vs BUX Markets

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

10TradeFX vs BUX Markets Comparison Table 2024
10TradeFX BUX Markets
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rating full
2.8
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3.5
10TradeFX is ranked #92 among CFD brokers. BUX Markets is ranked #92 among CFD 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. BUX Markets is a forex, CFD and spread betting broker based in the UK. The broker offers over 1,000 instruments through its bespoke trading platform, TradeHub, with a low minimum deposit of $100. BUX Markets boasts over 2 million users and is regulated by the FCA.
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
  • I was pleased to find a PRO account for eligible clients, offering spread rebates up to 15% on currency pairs, high leverage up to 1:200 and discounts on financing costs up to 0.5%
  • BUX Markets’ proprietary trading platform, TradeHub, is a feature-rich desktop terminal and app and I particularly appreciate the excellent library of 170 technical studies
  • I’m satisfied with the broker’s strong regulatory oversight from the UK’s FCA, as well as the CySEC for those registered with the European entity
  • Spread betting is available for eligible clients, which I think is an excellent way to diversify your portfolio whilst not paying tax or commission
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
  • It’s a shame that there are no educational materials and additional trading tools on offer, which significantly trails behind the standard available at top competitors
  • I am a little disappointed in the lack of payment methods compared to other brands. BUX Markets only offers payments via bank transfer and credit/debit cards
  • I think the single proprietary account offering may disappoint traders who prefer to use popular third-party tools like MetaTrader 4 or 5
FCA Regulated
No

List of FCA Regulated Brokers

Yes
Instruments
CFDs, Forex, Stocks, Cryptos, Commodities CFDs, Spread Betting, Stocks, Indices, Commodities, Bonds, ETFs
Demo Account
Yes Yes
Minimum Deposit
$50 $100
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
SFSA FCA
Mobile Apps
iOS & Android iOS & Android
iOS App Rating
rating empty
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Android App Rating
rating empty
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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 Yes
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 Yes
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
Inactivity Fee
$10
Islamic Account
Yes No
Account Currencies
  • USD
  • USD
  • EUR
  • GBP
Commodities
  • Silver
  • Oil
  • Gold
  • Silver
  • Platinum
  • Oil
  • Wheat
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. BUX Markets offers a fairly diverse selection of CFDs covering currencies, indices, shares, ETFs, commodities, interest rates and bonds. The broker’s advanced charting package makes it possible to execute complex strategies using 170 technical studies, which is impressive compared to other CFD trading platforms I’ve used.
Leverage
1:600 1:30
FTSE Spread
200 3
GBPUSD Spread<
1.5 1.2
Oil Spread
20 0.05
Stocks Spread
29 0.1%
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. My tests uncovered 35+ currency pairs with leverage up to 1:30. This isn’t a particularly wide range of pairs compared to other brands, and I was disappointed that the minimum spread for EUR/USD is not very competitive at 0.7 pips. That said, I like that I can access both web and mobile versions of the platform, so I can trade currencies whilst on the go.
Assets
39 36
GBPUSD Spread
1.5 1.2
EURUSD Spread
1.5 0.7
EURGBP Spread
1.5 1
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.
Spread
Variable
Coins
  • BTC
  • LTC
  • ETH
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
10TradeFX BUX Markets
Review
Review
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