S.A.M Trade vs FXOpen
S.A.M Trade or FXOpen – which is better for UK traders 2024? Compare S.A.M Trade and FXOpen in this detailed breakdown of their platforms, features and fees.
| S.A.M Trade | FXOpen |
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| S.A.M Trade is ranked #91 among CFD brokers. | FXOpen is ranked #73 among CFD brokers. |
| S.A.M Trade is an STP/ECN broker that was established in 2015. The firm provides an impressive range of features and accounts to adapt to different needs, whilst its several rewards and bonus programmes will motivate traders of all levels. The company has used this ethos to obtain more than 200,000 clients and regulation from the ASIC. | Established in 2005, FXOpen is a multi-regulated broker that has attracted over 1 million traders. Designed for active trading, it provides access to a growing selection of more than 700 markets and supports high-frequency trading, scalping, and all forms of algorithmic trading using expert advisors (EAs). |
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| Awards | |
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| FCA Regulated | |
| No | Yes |
| Instruments | |
| CFDs, Forex, Indices, Commodities, Futures, Cryptocurrencies | CFDs, Forex, Stocks, Indices, Commodities, Crypto, ETFs |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $10 | $100 |
| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | 0.01 Lots |
| Regulator | |
| FSC, ASIC, FINTRAC | FCA, CySEC, FC |
| Mobile Apps | |
| iOS & Android | iOS & Android |
| Trading App | |
The FXOpen Trading App is a user-friendly mobile app for trading 700+ global markets. With real-time data, level 2 pricing, live charts, and financial news, it’s been refined over the years to deliver one of the highest Android app store ratings we’ve seen – a testament to its top-notch user experience. |
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| Android App Rating | |
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| Margin Trading | |
| Yes | Yes |
| MetaTrader 4 | |
| Yes | Yes |
| MetaTrader 5 | |
| No | Yes |
| cTrader | |
| No | No |
| AlgoTrader | |
| No | No |
| OmniTrader | |
| No | No |
| TradingView | |
| No | Yes |
| Autochartist | |
| No | No |
| eSignal | |
| No | No |
| Trading Central | |
| No | No |
| STP Account | |
| Yes | Yes |
| ECN Account | |
| Yes | Yes |
| DMA Account | |
| No | Yes |
| MAM Account | |
| No | No |
| PAMM Account | |
| No | Yes |
| 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 | |
| No | No |
| Auto Trading | |
| Expert Advisors (EAs) on MetaTrader | Expert Advisors (EAs) on MetaTrader |
| Copy Trading | |
| Yes | Yes |
| Copy Trading Platform | |
| The CopySam™ system offers straightforward copy trading across accounts with 10% to 40% profit sharing and a $100 minimum investment. | FXOpen’s PAMM Copy Trading service empowers investors to mirror the strategies of experienced traders, offering a transparent, performance-driven model that combines flexibility, automated profit-sharing, and account oversight. |
| Social Trading | |
| No | No |
| Trade Signals | |
| MT4 | Yes |
| VPS Hosting | |
| No | Yes |
| Tournaments | |
| Yes | Yes |
| Demo Competitions | |
| No | Yes |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| $50 | $10 |
| Islamic Account | |
| Yes | Yes |
| Account Currencies | |
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| Commodities | |
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| CFD | |
| S.A.M Trade offers a limited selection of 70 CFD products, with only two commodities and zero shares. However, we were impressed to see 17 of the world's most popular indices and leverage up to 1:500. | FXOpen has a compelling CFD offering, complete with 700+ underlying assets, from shares and indices to currencies, commodities, cryptos, and an expanded range of ETFs. With access to top-tier tools, especially since adding TradingView in 2022 and improving its TickTrader platform, FXOpen provides a complete CFD trading experience. |
| Leverage | |
| 1:1000 | 1:30 (EU, UK), 1:1000 (Global) |
| FTSE Spread | |
| 50 | 0.7 |
| GBPUSD Spread< | |
| 2.4 - 2.6 | 0.4 |
| Oil Spread | |
| 5.0 cents | 0.04 |
| Stocks Spread | |
| NA | 0.40 (Apple) |
| Forex | |
| S.A.M Trade offers 30 currency pairs and we found that all majors and most minors are offered via both STP and ECN execution systems. You can trade currency pairs on the MT4 platform with powerful charting and analysis tools. | |
| Assets | |
| 30 | 50+ |
| GBPUSD Spread | |
| 2.4 - 2.6 | 0.4 |
| EURUSD Spread | |
| 1.7 - 2.0 | 0.2 |
| EURGBP Spread | |
| 2.4 - 2.7 | 0.5 |
| Cryptocurrency | |
| S.A.M Trade supports cryptocurrencies more than most brokers we see. Traders can access 20 different DeFi instruments, including crypto-crypto pairs and crypto-fiat pairs. | FXOpen offers over 40 crypto CFDs, including crypto-only pairs, as well as tokens paired with fiat currencies such as GBP, USD and JPY. You can trade crypto CFDs with 1:2 leverage and choose between three order types (market, limit, and stop) with scripts also available to auto trade crypto. |
| Spread | |
| Variable | 9.0 (BTC) |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
| S.A.M Trade | FXOpen |
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