Coinbase vs TrioMarkets
Coinbase or TrioMarkets – which is better for UK traders 2024? Compare Coinbase and TrioMarkets in this detailed breakdown of their platforms, features and fees.
Coinbase | TrioMarkets |
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Coinbase is ranked #79 among crypto brokers. | TrioMarkets is ranked #92 among CFD brokers. |
Coinbase is a leading cryptocurrency exchange that provides access to 18,000+ crypto assets that can be traded on the marketplace, stored in a wallet or borrowed via the brand's DeFi function. The US-based firm has over 10 million clients and offers educational support to individual traders and tailor-made derivative products for businesses. | TrioMarkets is true ECN broker established in 2014. The firm's headquarters is in Mauritius but has licensed offices in Europe and the the UAE. The brand has been recognized with global awards including the 'Most Trusted Forex Brokerage Company' from the Finance Derivative Magazine 2023. |
This post contains affiliate links, and this website will be compensated if you make a purchase after clicking the links. | |
Pros | |
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Cons | |
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FCA Regulated | |
No | No |
Instruments | |
Cryptos | Forex, CFDs, indices, commodities, cryptocurrencies |
Demo Account | |
No | Yes |
Minimum Deposit | |
$0 | $100 |
Payment Methods | |
Minimum Trade | |
0.0001 XBT | 0.01 Lots |
Regulator | |
CBoI | FSC |
Mobile Apps | |
Yes | Yes |
iOS App Rating | |
Android App Rating | |
Margin Trading | |
Yes | No |
MetaTrader 4 | |
No | Yes |
MetaTrader 5 | |
No | No |
cTrader | |
No | No |
AlgoTrader | |
Yes | No |
OmniTrader | |
No | No |
TradingView | |
No | No |
Autochartist | |
No | No |
eSignal | |
No | No |
Trading Central | |
No | No |
STP Account | |
No | No |
ECN Account | |
No | No |
DMA Account | |
No | No |
MAM Account | |
No | Yes |
PAMM Account | |
No | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
No | No |
Market Maker | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
Yes | No |
Auto Trading | |
Yes | |
Copy Trading | |
No | Yes |
Social Trading | |
No | Yes |
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 |
Inactivity Fee | |
$0 | |
Islamic Account | |
No | Yes |
Commodities | |
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|
CFD | |
TrioMarkets offers a poor total selection of 130+ CFDs on the MT4 terminal. The Basic Account offers commission-free trading with average spreads of 2.4 pips, which is not very competitive compared to alternatives. | |
Leverage | |
1:30 | |
FTSE Spread | |
0.8 | |
GBPUSD Spread< | |
From 0.00002 | |
Oil Spread | |
0.03 | |
Stocks Spread | |
N/A | |
Forex | |
My tests found a decent range of 60+ major, minor and exotic currency pairs including EUR/USD and USD/JPY on the MT4 terminal. You can benefit from no dealing desk intervention and leverage up to 1:500. | |
Assets | |
63 | |
GBPUSD Spread | |
From 0.00002 | |
EURUSD Spread | |
From 0.0 | |
EURGBP Spread | |
From 0.00002 | |
Cryptocurrency | |
With some 18,000 digital assets available to trade, Coinbase is one of the leading exchanges in the crypto world with a wider selection of tokens than most alternatives. Traders access crypto markets through a powerful platform and can enjoy margin trading in some jurisdictions. Maker and taker fees are low and there are no hidden account charges. | There are only 4 popular crypto CFDs available; BTC, ETH, LTC and XRP with 1:2 leverage. This is definitely one of the smallest ranges of cryptos I have seen so I think dedicated crypto traders may want to consider other options. |
Spread | |
BTC 0.1%, ETH 0.1% | Variable |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
Yes | No |
Auto Market Maker | |
No | No |
Coinbase | TrioMarkets |
This post contains affiliate links, and this website will be compensated if you make a purchase after clicking the links. | |
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