7Bforex vs 10TradeFX

7Bforex vs 10TradeFX Comparison Table 2023
7Bforex 10TradeFX
1.8
Not Yet Rated

10TradeFX is #12 in our CFD broker rankings.

United States Flag Traders from US not accepted
United States Flag Traders from US accepted

7Bforex is a broker-dealer geared towards Nigerian traders, offering a sign-up bonus and the MT4 platform.

10TradeFX is a global brokerage firm with forex, crypto and CFD trading support for the MetaTrader 5 platform with high leverage and low commission

Bonus Offer
₦10,000 Welcome Bonus 30% Deposit Bonus
Pros
  • Full range of investments
  • Low minimum deposit
  • MT4 integration
Cons
  • No copy trading
  • Weak regulatory oversight
Instruments
CFDs, Forex, Stocks, Indices, Commodities, Cryptos Stocks, CFD, Forex, Crypto
Demo Account
Yes Yes
Minimum Deposit
₦5,000 $200
Payment Methods
Minimum Trade
0.01 Lots 0.01 lots
Regulator
SFSA
Margin Trading
Yes Yes
MetaTrader 4
Yes No
MetaTrader 5
No Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
Yes 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
No Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
Android iOS & Android
Auto Trading
EAs
Copy Trading
No No
Social Trading
No No
VPS Hosting
No No
Tournaments
Yes No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
No Yes
Account Currencies
  • USD
  • NGN
  • USD
Stock Exchanges
Commodities
CFD Trading
Leveraged CFDs can be used to go long or short on hundreds of popular markets. 10TradeFX's CFD range encompasses 15 company stocks, 7 commodities, 9 indices, 4 cryptos and 39 forex pairs
Leverage
1:200 (Default), 1:1000 (Maximum) 1:600
FTSE Spread
From 2.1 pips (Standard) 200
GBPUSD Spread
From 2.1 pips (Standard) 1.5
Oil Spread
From 2.1 pips (Standard) 20
Stocks Spread
From 2.1 pips (Standard) 29
Forex Trading
Trade a wide range of currency pairs with floating spreads. 10TradeFX offers a range of currency pairs with floating spreads and high leverage opportunities
GBPUSD Spread
From 2.1 pips (Standard) 1.5
EURUSD Spread
From 2.1 pips (Standard) 1.5
EURGBP Spread
From 2.1 pips (Standard) 1.5
Assets
60+ 39
Cryptocurrency
Trade crypto-fiat pairs including major tokens like Bitcoin. 10TradeFX supports four cryptocurrency CFD pairs against the USD for DeFi speculation using MT5.
Spread
From 2.1 pips (Standard) Variable
Coins
  • BTC
  • ETH
  • XRP
  • DASH
  • BIT
  • EDO
  • ETP
  • IOTA
  • NEO
  • OMG
  • SAN
  • XMR
  • ZEC
  • EDO
  • LTC
  • TRX
  • BTC
  • LTC
  • ETH
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
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