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 | Cryptobo |
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10TradeFX is ranked #92 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 | |
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Cons | |
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FCA Regulated | |
No | No |
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 | |
Android App Rating | |
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 | |
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Commodities | |
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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 | |
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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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