XBTFX vs CryptoRocket
XBTFX or CryptoRocket – which is better for UK traders 2024? Compare XBTFX and CryptoRocket in this detailed breakdown of their platforms, features and fees.
XBTFX | CryptoRocket |
---|---|
XBTFX is ranked #91 among CFD brokers. | CryptoRocket is ranked #91 among CFD brokers. |
XBTFX is a fintech broker offering trading opportunities on 200+ instruments via the powerful MT4, MT5 or cTrader terminals. The low minimum deposit, copy trading services and competitive trading fees makes it an appealing brand for traders of all strategy types. The broker has a decent client base of 10,000. | CryptoRocket is an offshore broker offering low-cost trading on popular digital currencies, plus stocks, indices, and commodities. Scalping, bots and hedging strategies are also permitted on the MT4 or MT5 platforms. Traders can access high leverage up to 1:500 and enjoy 24/7 customer support. |
Pros | |
|
|
Cons | |
|
|
Awards | |
|
|
FCA Regulated | |
No | No |
Instruments | |
CFDs, Forex, Stocks, Cryptos, Commodities | Cryptos, Forex, Stocks, Indices, Commodities |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$10 | $10 |
Payment Methods | |
Minimum Trade | |
0.01 Lots | 0.01 Lots |
Mobile Apps | |
iOS & Android | iOS & Android |
iOS App Rating | |
Android App Rating | |
Margin Trading | |
Yes | Yes |
MetaTrader 4 | |
Yes | Yes |
MetaTrader 5 | |
Yes | Yes |
cTrader | |
Yes | No |
AlgoTrader | |
No | No |
OmniTrader | |
No | No |
TradingView | |
No | No |
Autochartist | |
No | No |
eSignal | |
No | No |
Trading Central | |
No | No |
STP Account | |
No | Yes |
ECN Account | |
Yes | Yes |
DMA Account | |
Yes | 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 | |
No | No |
Market Maker | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
No | No |
Auto Trading | |
Yes | Expert Advisors (EAs) on MetaTrader |
Copy Trading | |
Yes | No |
Social Trading | |
No | No |
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 |
Islamic Account | |
Yes | No |
Account Currencies | |
|
|
Commodities | |
|
|
CFD | |
I found a fairly decent range of 200+ CFDs across 5 asset classes on the MT4, MT5 or cTrader terminals. I particularly like the copy trading solutions, STP execution and the fact that you can get started with just $10. | CryptoRocket offers a modest range of CFDs covering forex, stocks, commodities and cryptos with a low $10 minimum deposit and no limits on trade size. That said, it’s frustrating that there are no additional tools or resources outside of the MetaTrader terminals to enhance your CFD trading strategies. |
Leverage | |
1:500 | 1:500 |
FTSE Spread | |
Variable | 7.7 |
GBPUSD Spread< | |
Variable | 1.5 |
Oil Spread | |
Variable | 8.7 |
Stocks Spread | |
Variable | Variable |
Forex | |
XBTFX offers a large list of 70+ major, minor and exotic currency pairs such as EUR/USD or GBP/JPY. I find spreads very competitive starting from 0.01 pips and leverage up to 1:500 for experienced investors. | I was pleased to find a strong range of 55 major, minor and exotic currency pairs at CryptoRocket with competitive spreads from 0.6 pips on EUR/USD. Experienced traders can also utilize the high leverage ratios up to 1:500. That said, I think it’s a shame that there’s no forex market analysis available for traders. |
Assets | |
79 | 55 |
GBPUSD Spread | |
Variable | 1.5 |
EURUSD Spread | |
Variable | 0.6 |
EURGBP Spread | |
Variable | 0.4 |
Cryptocurrency | |
There's an excellent range of 70+ cryptocurrency vs USD pairs such as BTC/USD, ETH/USD and XRP/USD with leverage up to 1:25. My tests also found competitive commission fees of 0.075%. | I was impressed with the broker’s range of 35+ cryptocurrency pairs, including ETHUSD, BTCUSD and XRPUSD. I strongly recommend utilizing the MT4 or MT5 demo accounts if you’re new to crypto trading. CryptoRocket allows you to have as many live and demo accounts open simultaneously, so you can continually practice and execute your strategies. |
Spread | |
Variable | Variable |
Coins | |
|
|
Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
XBTFX | CryptoRocket |
More Comparisons | |
XBTFX vs |
CryptoRocket vs |