Alternatives to FTX

Here we list the best alternatives to FTX, the failed crypto exchange that has cost investors and customers billions of dollars. Traders that are looking for brokers that are similar to FTX on specific features should check the detailed comparison table below.

Top 3 Alternatives to FTX

These brokers are the best alternatives to FTX that also accept traders from your location. The brokers are listed in order of similarity in terms of markets and features.
  1. Firstrade - Firstrade is a US-headquartered discount broker-dealer. With welcome bonuses, powerful tools and apps, plus commission-free trading, Firstrade Securities is a popular online brokerage.
  2. Moomoo - Moomoo is an app-based stock broker that offers trading in US, Hong Kong and Chinese shares. Clients can get started with a sign-up bonus and $0 minimum deposit.
  3. Zacks Trade - Zacks Trade is a US based brokerage, built for the active trader. Trade stocks, ETFs, bonds, mutual funds and more on a proprietary trading platform.

Detailed Comparison

Alternatives to FTX 2022
Feature FTX Firstrade Moomoo Zacks Trade
Not Rated
4
3.8
Not Rated
Promotions
Bonus Deposit Bonus Up To $4000 Get up to 15 free stocks worth up to $2000
Instruments Stocks, Futures, Options, Crypto Stocks, ETFs, Options, Mutual Funds, Bonds, Cryptos, Fixed Stocks, Options, ETFs, ADRs, OTCs Stocks, Options, Crypto, ETFs
Demo Account No No Yes Yes
Minimum Deposit $1 $0 $0 $2500
Payment Methods
  • Bitcoin Payments
  • Credit Card
  • Silvergate Bank Transfer
  • Wire Transfer
  • ACH Transfer
  • Cheque
  • Wire Transfer
  • ACH Transfer
  • Wire Transfer
  • ACH Transfer
  • Cheque
  • Wire Transfer
Minimum Trade $1 $1 No minimum $3
Regulator SEC, FINRA SEC, FINRA, MAS FINRA
Margin Trading Yes Yes Yes Yes
Margin Rate 4.50% 6.8 3.56
MetaTrader 4 No No No No
MetaTrader 5 No No No No
cTrader No No No No
AlgoTrader Yes No No No
OmniTrader No No No No
TradingView No No No No
Autochartist No No No No
eSignal No No No No
Trading Central No No No No
STP Account No No No No
ECN Account No No No No
DMA Account No No No Yes
MAM Account No No No No
PAMM Account No No No No
LAMM Account No No No No
Demat Account No No No No
AI / Machine Learning No No No No
Robo Advisor No No No No
Negative Balance Protection No No No No
Market Maker No Yes No No
P2P Trading No No No No
Spot Trading No No Yes No
Mobile Apps iOS & Android iOS & Android Yes (iOS & Android) iOS & Android
Auto Trading Yes Yes (algos)
Copy Trading No No No No
Social Trading No No No No
Trade Signals None
VPS Hosting No No No Yes
Tournaments No No No No
Demo Competitions No No No No
Ethical Investing No No No Yes
Custodial Account No Yes No No
Guaranteed Stop Loss No No No No
Inactivity Fee $15
Islamic Account No No No No
Account Currencies
  • USD
  • USD
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • INR
  • JPY
  • ZAR
  • TRY
  • SEK
  • NOK
  • DKK
  • CHF
  • HKD
  • SGD
  • RUB
  • PLN
  • CZK
  • HUF
Stock Exchanges
  • Nasdaq
  • New York Stock Exchange
  • Chicago Mercantile Exchange
  • Hong Kong Stock Exchange
  • Nasdaq
  • New York Stock Exchange
  • London Stock Exchange
  • Nasdaq
  • New York Stock Exchange
  • S&P 500
CFD Trading CFD trading not offered CFD trading not offered CFD trading not offered CFD trading not offered
Forex Trading Forex trading not offered Forex trading not offered Forex trading not offered Forex trading not offered
Crypto Trading FTX supports crypto trading on hundreds of major tokens by way of spot trades and derivatives contracts. Take positions on 35+ cryptocurrencies with low fees and 24/7 investing. Crypto trading not offered Trade popular cryptocurrency coins with low fees.
Crypto Spread Variable Variable 0.18% fee per trade
Crypto Coins
  • BTC
  • ETH
  • SOL
  • FTT
  • USDT
  • MATIC
  • BNB
  • XRP
  • DOGE
  • SRM
  • LINK
  • LTC
  • FTM
  • SUSHI
  • RAY
  • UNI
  • STEP
  • AAVE
  • AGLD
  • ALGO
  • AVAX
  • BAT
  • BTC
  • BCH
  • ADA
  • LINK
  • ATOM
  • CRO
  • CRV
  • MANA
  • DOGE
  • ETH
  • ETC
  • FTM
  • LTC
  • LRC
  • MATIC
  • REN
  • SHIB
  • SOL
  • XLM
  • SUSHI
  • GRT
  • UNI
  • YFI
Crypto Lending Yes No No No
Crypto Mining No No No No
Crypto Staking No No No No
Crypto Auto Market Maker Yes No No No