10TradeFX vs Cryptobo

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

10TradeFX vs Cryptobo Comparison Table 2024
10TradeFX Cryptobo
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2.8
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1.5
10TradeFX is ranked #91 among CFD brokers. Cryptobo is ranked #11 among binary options 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. Cryptobo claims to be the first Bitcoin-based binary options broker, with 1.5 million registered clients and 50,000 trades executed on average per day. Users benefit from 24/7 trading opportunities with up to 91% payouts, alongside no minimum deposit and three-hour withdrawals.
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
  • You can trade binary options on crypto, stocks, forex, indices and commodities
  • Trade anonymously with no KYC checks
  • High payouts up to 91% per trade
  • Customer support is available 24/7
  • 500 Satoshi bonus for new clients
  • No minimum deposit
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
  • Unregulated broker with low trust score
  • No expiry times beyond five hours
  • Limited company details available
  • Some negative user reviews
  • High minimum withdrawal
  • No live chat support
FCA Regulated
No

List of FCA Regulated Brokers

No

List of FCA Regulated Brokers

Instruments
CFDs, Forex, Stocks, Cryptos, Commodities Forex, Stocks
Demo Account
Yes No
Minimum Deposit
$50 0.0000001 BTC
Payment Methods
Minimum Trade
0.01 Lots 0.0000001 BTC
Regulator
SFSA
Mobile Apps
iOS & Android No
iOS App Rating
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Android App Rating
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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. You can trade binary options on a range of major, minor and exotic currency pairs such as EUR/USD, USD/JPY and GBP/USD. You can choose the currency asset and timeframe in a few clicks on the web platform.
Assets
39 16
GBPUSD Spread
1.5 N/A
EURUSD Spread
1.5 N/A
EURGBP Spread
1.5 N/A
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. Cryptobo combines three of the most popular coins, including Bitcoin, with an array of fiat currencies for 12 cryptocurrency binary options pairs.
Spread
Variable N/A
Coins
  • BTC
  • LTC
  • ETH
  • XRP
  • BTC
  • ETH
  • LTC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Binary Options
Cryptobo is a binary options-only broker with high payouts and a sleek, intuitive trading platform. With no minimum deposit, payouts up to 91% and a minimum trade size 0.0000001 BTC, you can get started quickly.
Payout
91%
Expiration Times
Up to 5 hours
Boundary Options
No No
Ladder Options
No No
10TradeFX Cryptobo
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