Valutrades vs TP Global FX

Valutrades or TP Global FX – which is better for UK traders 2024? Compare Valutrades and TP Global FX in this detailed breakdown of their platforms, features and fees.

Valutrades vs TP Global FX Comparison Table 2024
Valutrades TP Global FX
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3.3
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3.9
Valutrades is ranked #91 among CFD brokers. TP Global FX is ranked #91 among CFD brokers.
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Valutrades is an FCA-regulated broker offering ultra-low latency forex, index and commodity CFD trading with ECN pricing from 0 pips. Traders can choose between the MetaTrader 4 and MetaTrader 5 platforms and benefit from a range of blogs, webinars and calculators.
TP Global FX has closed or no longer accepts UK clients.
TP Global FX is an offshore broker with a strong focus on education and technical analysis tools. It offers STP pricing and up to 1:500 leverage on 50+ forex pairs and a smaller range of stocks, indices, commodities and cryptocurrencies. The broker supports the MetaTrader 4 and MetaTrader 5 platforms and offers additional services including copy trading and an informative daily blog.
Pros
  • Excellent pricing from zero pips and lightning-fast execution
  • No minimum deposit will appeal to traders on a budget
  • Strong selection of forex pairs with over 80 assets
  • VPS available for active, high-volume traders
  • MetaTrader 4 and MetaTrader 5 integration
  • Variety of fast and free funding methods
  • FCA-regulated and reputable brand
  • Good range of frequently updated educational resources
  • Demo profile with unlimited simulated funds
  • Very tight spreads from 0.2
  • Support for MT4 and MT5
  • Copy trading service
  • Accepts crypto deposits
  • ~30ms execution speeds
  • High leverage available
  • True STP pricing
Cons
  • Narrow range of non-forex assets especially commodities
  • Only one account type restricts flexibility
  • Subpar market research and analyst insights
  • Outdated website and interface
  • No direct stock trading
  • Limited consumer protections in place including negative balance protection
  • High commissions of $15/$8 for the low-spread accounts
  • Not overseen by any top-tier regulators
  • Narrow choice of deposit options
  • Small range of non-forex assets
Awards
  • Most Transparent Broker 2021 - Forex Broker Awards
  • Best FX Educational Broker 2021 - Forex Broker Awards
  • Best Affiliate Program 2021 - Forex Broker Awards
FCA Regulated
Yes No
Instruments
Forex, CFDs, indices, commodities Forex, CFDs, indices, commodities, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$0 $200
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FCA, FSA SVGFSA, VFSC, CAMA
Mobile Apps
Yes Yes (iOS & Android)
iOS App Rating
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Android App Rating
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Margin Trading
No Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No Yes
STP Account
No Yes
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 Yes
Auto Trading
Yes Expert Advisors (EAs) on MetaTrader
Copy Trading
No Yes
Copy Trading Platform
Follow and copy multiple professional traders using performance analytics and market signals at TP Global FX.
Social Trading
No Yes
Trade Signals
Yes
VPS Hosting
Yes No
Tournaments
No Yes
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • JPY
  • ZAR
  • SEK
  • NOK
  • CHF
  • HKD
  • SGD
  • USD
Commodities
  • Gold
  • Silver
  • Gold
  • Silver
  • Copper
  • Oil
  • Gasoline
  • Cocoa
  • Coffee
  • Corn
  • Cotton
  • Aluminium
  • Natural Gas
  • Sugar
CFD
Trade CFDs on forex, indices and commodities with leverage up to the FCA-sanctioned maximum of 1:30. The MetaTrader platforms will also serve technical traders and automated trading strategies. TP Global FX clients can trade CFDs on forex as well as around 12 stocks, 12 indices, five cryptocurrencies and commodities including gold, silver oil and gas. CFDs trade with up to 1:500 leverage on the hugely popular and reliable MT4 and MT5 platforms.
Leverage
1:500 1:500
FTSE Spread
0.7 Not offered
GBPUSD Spread<
0.4 From 0.2 pips
Oil Spread
0.018 From 0.2 pips
Stocks Spread
N/A From 0.2 points
Forex
Trade 80+ major, minor and exotic forex pairs on true ECN accounts with spreads from zero, low commissions and deep liquidity from tier-one providers. The breadth of currencies and competitive pricing makes the broker a good pick for forex traders. TP Global FX offers trading on 50+ forex pairs with a good selection of minors and exotics as well as the majors. The broker offers fast 30ms execution speeds with a Straight-Through Processing system. Very tight spreads starting from 0.2 are available on pro accounts, while standard commission-free account spreads start from 1.2.
Assets
80+ 50+
GBPUSD Spread
0.4 From 0.2 pips
EURUSD Spread
0.2 From 0.2 pips
EURGBP Spread
0.1 From 0.2 pips
Cryptocurrency
TP Global FX offers CFDs on five cryptocurrencies paired with USD. Spreads are lower than many alternatives and users can trade crypto 24/7 without interruption.
Spread
Variable
Coins
  • BTC
  • ETH
  • LTC
  • XRP
  • EOS
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Valutrades TP Global FX
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