10TradeFX vs CLMarkets

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

10TradeFX vs CLMarkets Comparison Table 2024
10TradeFX CLMarkets
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rating full
2.8
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10TradeFX is ranked #92 among CFD brokers. CLMarkets is ranked #92 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. CLMarkets is a CFD and forex broker offering 100+ instruments on the MetaTrader 4 platform and trading app. Traders also benefit from copy trading via DupliTrade and educational materials through Trader's Edge.
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
  • Full range of investments
  • MetaTrader 4 integration
  • Good execution speed
  • Low minimum deposit
  • Demo account
  • Copy trading
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
  • Weak regulation
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 $100
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
SFSA SVGFSA
Mobile Apps
iOS & Android iOS & Andriod
iOS App Rating
rating empty
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Android App Rating
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Margin Trading
Yes Yes
MetaTrader 4
No Yes
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 Yes
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
Copy the trades of expert investors via the DupliTrade terminal. Choose from a range of strategies and find a trading system that aligns with your risk tolerance.
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
$0
Islamic Account
Yes No
Account Currencies
  • USD
  • USD
  • EUR
  • GBP
Commodities
  • Silver
  • Oil
  • Oil
  • Gasoline
  • Gold
  • Silver
  • Copper
  • Platinum
  • Palladium
  • Natural Gas
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. CLMarkets offers competitive trading conditions on a range of contracts for difference.
Leverage
1:600 1:500
FTSE Spread
200 2.7 pips av
GBPUSD Spread<
1.5 N/A
Oil Spread
20 0.3 pips av
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 50+ major, minor and exotic currency pairs with flexible leverage and floating spreads from 0.0 pips.
Assets
39 54
GBPUSD Spread
1.5 N/A
EURUSD Spread
1.5 0.4 pips av
EURGBP Spread
1.5 0.9 pips av
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 seven popular digital currency coins with USD crosses.
Spread
Variable Variable
Coins
  • BTC
  • LTC
  • ETH
  • XRP
  • BTC
  • LTC
  • ETH
  • XRP
  • DSH
  • ETC
  • BCH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
10TradeFX CLMarkets
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