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 | CLMarkets |
---|---|
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 | |
|
|
Cons | |
|
|
FCA Regulated | |
No | No |
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 | |
Android App Rating | |
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 | |
|
|
Commodities | |
|
|
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 | |
|
|
Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
10TradeFX | CLMarkets |
More Comparisons | |
10TradeFX vs |
CLMarkets vs |