10TradeFX vs CPT Markets

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

10TradeFX vs CPT Markets Comparison Table 2024
10TradeFX CPT Markets
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2.8
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3
10TradeFX is ranked #92 among CFD brokers. CPT Markets 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. CPT Markets is a London-based forex and CFD broker regulated by the FCA. Founded in 2008, this established brokerage offers trading across currencies, equities, commodities, futures and bonds with leverage up to 1:30. The broker's services are more limited than other firms, with just the MT4 platform on offer and no additional trading features.
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
  • FCA-regulated with FSCS protection and negative balance protection
  • Competitive range of 100 currency pairs, as well as futures and options
  • Beginner and intermediate level educational resources, plus weekly research bulletins
  • Industry renowned MT4 trading platform
  • Easy-access demo account
  • Fast sign-up process
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
  • Wider spreads than many brokers
  • Limited additional trading tools
  • No live chat customer support
  • Only one trading platform
FCA Regulated
No

List of FCA Regulated Brokers

Yes
Instruments
CFDs, Forex, Stocks, Cryptos, Commodities CFDs, futures, options
Demo Account
Yes Yes
Minimum Deposit
$50 $100
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
SFSA FCA, IFSC (Belize)
Mobile Apps
iOS & Android Yes
iOS App Rating
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Android App Rating
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Margin Trading
Yes No
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 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
Auto Trading
Expert Advisors (EAs) on MetaTrader
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes
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
  • Gold
  • 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 CFDs across metals, energies and indices with leverage up to 1:30. Traders can access 50+ indicators and charting tools, although no other analysis tools or software are offered.
Leverage
1:600 1:30
FTSE Spread
200 From 1.8
GBPUSD Spread<
1.5 From 1.8
Oil Spread
20 From 1.8
Stocks Spread
29 From 1.8
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. There is an impressive selection of 100 forex pairs in the MT4 platform. However, spreads start from 1.8 pips for retail traders, which is not competitive vs other brokers.
Assets
39 100
GBPUSD Spread
1.5 From 1.8
EURUSD Spread
1.5 From 1.8
EURGBP Spread
1.5 From 1.8
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 CPT Markets
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