FXPro vs Errante

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

FXPro vs Errante Comparison Table 2024
FXPro Errante
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4.4
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4
FXPro is ranked #16 among CFD brokers. Errante is ranked #54 among CFD brokers.
Established in 2006, FxPro has emerged as a trusted non-dealing desk (NDD) broker offering trading on over 2,100 markets to more than 2 million clients worldwide. It has scooped over 100 industry awards and counting for its competitive conditions for active traders. Errante is a Cyprus-based and regulated forex and CFD broker with leveraged trading on multiple assets, tiered accounts including a zero-spread option, and copy trading support. The broker offers leveraged trading up to 1:30 under its CySEC-regulated branch and 1:500 from an offshore branch, and supports the MetaTrader 4 and MetaTrader 5 platforms. Errante's asset list is relatively limited but it does offer fast execution and low latency, and it is a trustworthy brand.
Pros
  • FxPro operates under a 'No Dealing Desk' (NDD) model, ensuring fast and transparent order execution, often under 12 milliseconds, ideal for short-term trading strategies.
  • FxPro's Wallet is a standout feature that allows traders to manage funds securely. By segregating unused funds from active trading accounts, the Wallet provides additional protection and convenience.
  • FxPro offers four reliable charting platforms, notably the intuitive FxPro Edge, with over 50 indicators, 7 chart types and 15 chart timeframes.
  • Reputable and trustworthy multi-asset broker
  • Supports cTrader, MT4 and MT5 platforms
  • Good range of cryptocurrencies including Bitcoin
  • Good selection of educational content and useful trading tools
  • Open an account in four easy steps
  • Copy trading available
  • Low starting deposit
Cons
  • There are no passive investment tools like copy trading or interest paid on cash. While active traders may not miss these, competitors like eToro catering to active and passive investors have more comprehensive offerings.
  • While FxPro provides 24/5 customer support through multiple channels that performed well during testing, it lacks 24/7 availability, which can disadvantage traders needing assistance outside traditional market hours.
  • Despite a growing Knowledge Hub and a $10M funded demo account, FxPro is geared towards advanced traders, with beginners potentially finding the account and fee structure complex.
  • Small selection of shares
  • MT4 not available to EU traders
  • Advanced educational content is expensive to unlock
  • High deposits to unlock advanced account tiers with more favorable trading terms
Awards
  • Best Online Broker (MENA) 2024 - Forex Awards
  • Best Trading Conditions APAC 2023 - Forex Awards
  • Best Trading Platform 2023 - Investors Chronicle & Financial Times
  • Best FX Service Provider 2023 - City of London Wealth Management Awards
  • Most Trusted Broker (Global) 2021 - Ultimate Fintech Awards
  • Best Broker 2021 (UK) - Ultimate Fintech Awards
  • Best Mobile Trading App 2021 - Ultimate Fintech Awards
  • Best ECN/STP Broker 2022 - UF Awards
  • Best Forex Newcomer 2021 - Forex Awards
  • Fastest Growing Broker 2021 - Ultimate Fintech Awards
  • Best Trade Executions 2020 - Forex Awards
FCA Regulated
Yes No

List of FCA Regulated Brokers

Instruments
CFDs, Forex, Stocks, Indices, Commodities, Futures CFDs, Stocks, Indices, Forex, Metals, Energies, Cryptos
Demo Account
Yes Yes
Minimum Deposit
$100 $50
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FCA, CySEC, FSCA, SCB, FSA CySEC, FSA
Mobile Apps
iOS & Android iOS & Android
Trading App

The FxPro app for iOS and Android, which benefited from design improvements in 2024, demonstrates how mobile trading should be done with its sleek, user-friendly interface and powerful features. From trading CFDs and managing accounts to seamless in-app deposits, withdrawals, an integrated economic calendar, and push notifications, the app ensures you have the trading tools you need right from your palm.

iOS App Rating
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4.7
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Android App Rating
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4.3
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Margin Trading
Yes Yes
Margin Rate
0.5%
MetaTrader 4
Yes Yes
MetaTrader 5
Yes Yes
cTrader
Yes No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
Yes No
eSignal
No No
Trading Central
Yes No
STP Account
Yes Yes
ECN Account
No Yes
DMA Account
Yes No
MAM Account
Yes 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
Yes Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes No
Auto Trading
Expert Advisors (EAs) on MetaTrader, cBots on cTrader Expert Advisors (EAs) on MetaTrader
Copy Trading
No Yes
Copy Trading Platform
The Errante copy trading solution allows users to choose from a selection of master traders with insights into their returns, volatility ratio, recovery factor, and more. There are also no restrictions on the number of traders you can follow.
Social Trading
No No
Trade Signals
MetaTrader
VPS Hosting
Yes Yes
Tournaments
No No
Demo Competitions
Yes No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$15 $15
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • AUD
  • JPY
  • ZAR
  • CHF
  • PLN
  • USD
  • EUR
Commodities
  • Platinum
  • Gold
  • Silver
  • Palladium
  • Oil
  • Gasoline
  • Soybeans
  • Natural Gas
  • Aluminium
  • Copper
  • Lead
  • Zinc
  • Cocoa
  • Coffee
  • Corn
  • Cotton
  • Oil
  • Natural Gas
  • Cocoa
  • Coffee
  • Copper
  • Cotton
  • Sugar
  • Silver
  • Gold
  • Palladium
  • Platinum
CFD
FxPro offers thousands of CFDs on forex, commodities, indices, shares and futures, expanded over the years. The broker's analysis and charting capabilities continue to stand as some of the best in the industry, with Trading Central integration, advanced order types and access to custom indicators. Errante customers can trade stocks, indices, commodities and cryptocurrencies with leveraged CFDs. The level of leverage available depends on regulatory oversight, with 1:30 the maximum allowed in the EU though this varies by asset.
Leverage
1:30 (Retail), 1:500 (Pro) 1:500
FTSE Spread
171.63 From 1.5 pips (Standard Account)
GBPUSD Spread<
0.6 From 1.5 pips (Standard Account)
Oil Spread
39 From 1.5 pips (Standard Account)
Stocks Spread
Variable From 1.5 pips (Standard Account)
Forex
FxPro offers 70+ currency pairs but no minors and stands out with its ultra-fast execution speeds and tight spreads averaging 0.45 pips on EUR/USD. Forex traders can also build test and deploy short-term trading strategies on the industry-leading MT4 software, with expert advisors (EAs) for algo trading. Errante traders can access 50+ forex pairs with leverage up to 1:500 (location dependant). The broker offers fast execution and tight spreads, especially to clients with VIP and Tailor-Made accounts.
Assets
70+ 50+
GBPUSD Spread
0.6 From 1.5 pips (Standard Account)
EURUSD Spread
0.45 From 1.5 pips (Standard Account)
EURGBP Spread
0.73 From 1.5 pips (Standard Account)
Currency Indices
  • USD
Cryptocurrency
FxPro traders (outside the UK) can trade CFDs on over 25 popular cryptos, including Bitcoin and Ethereum as well as smaller tokens like Tron. In 2021, the broker introduced 24/7 trading on crypto, however where it stands out is its ultra-fast execution that lends it to active traders. Errante clients can speculate on price movements of 26 crypto tokens, all paired with USD. CFDs allow for leveraged trading, but note that you will not directly own the assets traded.
Spread
Variable From 1.5 pips (Standard Account)
Coins
  • BAT
  • BCH
  • BTC
  • DOG
  • DOT
  • DSH
  • EOS
  • ETC
  • ETH
  • IOT
  • LNK
  • LTC
  • NEO
  • XLM
  • XMR
  • XRP
  • ZEC
  • BTC
  • ETH
  • LTC
  • BCH
  • XRP
  • DASH
  • EOS
  • IOTA
  • NEO
  • OMG
  • QTU
  • TRX
  • XMR
  • ZEC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
FXPro Errante
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