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 2 alternatives to FTX
These brokers are the best alternatives to FTX that also accept traders from your location. They are listed in order of similarity in terms of markets and features.
- Founded in 1974, IG is part of IG Group Holdings Plc, a publicly traded (LSE: IGG) brokerage. The brand offers a top-tier selection of 17,000+ markets, with a range of user-friendly platforms and investing apps. For 50 years, IG has maintained its position as an industry leader, excelling in all key areas for traders.Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
- Established in 2006, FxPro has emerged as a trusted non-dealing desk (NDD) broker offering trading on over 2,100 markets to more than 2 million clients worldwide. It has scooped over 145 industry awards and counting for its competitive conditions for active traders.77.20% of retail accounts lose money with this provider.
Detailed comparison
Compared broker FTX | Alternative #1 IG | Alternative #2 FxPro | |
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| Visit broker | VisitReview | VisitReview Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. | VisitReview 77.20% of retail accounts lose money with this provider. |
| Instruments | Cryptos, Futures, Options | CFDs (not in US), Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting (UK only) | CFDs, Forex, Stocks, Indices, Commodities, Futures, Spread Betting |
| Demo Account | No | Yes | Yes |
| Minimum Deposit | $1 | $0 | $100 |
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| Minimum Trade | $1 | 0.01 Lots | 0.01 Lots |
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| Regulator | – | CFTC, NFA, FCA, BaFin, ASIC, FINMA, MAS, JFSA, FMA, DFSA, BMA | FCA, CySEC, FSCA, SCB, FSA |
| Margin Trading | Yes | Yes | Yes |
| Margin Rate | – | 1.0% – 1.5% for Forex, 3.0% – 3.4% for Shares, Indices, and Commodities | – |
| STP Account | No | No | Yes |
| ECN Account | No | No | No |
| DMA Account | No | Yes | Yes |
| MAM Account | No | No | Yes |
| PAMM Account | No | No | Yes |
| LAMM Account | No | No | No |
| Demat Account | No | No | No |
| AI / Machine Learning | No | Yes | Yes |
| Robo Advisor | No | Yes | No |
| Negative Balance Protection | No | Yes | Yes |
| Market Maker | No | Yes | No |
| P2P Trading | No | No | No |
| Spot Trading | No | Yes | Yes |
| Mobile Apps | iOS & Android | iOS & Android | iOS & Android |
| Trading App | – | IG offers a superb all-round trading app. One of the pioneers of mobile trading, the application has been developed and refined over many years, meaning it is now among the best trading apps. Quick response, user-friendly layout, access to full charting and a stable and reliable application. It also offers guaranteed stops – an important risk management tool not available on many apps we’ve tested. | The FxPro app for iOS and Android, which benefited from design improvements in 2024, demonstrates how mobile trading should be done with its sleek, user-friendly interface and powerful features. From trading CFDs and managing accounts to seamless in-app deposits, withdrawals, an integrated economic calendar, and push notifications, the app ensures you have the trading tools you need right from your palm. 2026 also brought the Discover Hub - blending features from Trading Central like Trading Signals and Economic Events into the same place. |
| Auto Trading | Yes | Expert Advisors (EAs) on MetaTrader, build your own on ProRealTime | Expert Advisors (EAs) on MetaTrader, cBots on cTrader |
| Copy Trading | No | No | No |
| Social Trading | No | No | No |
| Trade Signals | – | Yes | – |
| VPS Hosting | No | Yes | Yes |
| Tournaments | No | No | No |
| Demo Competitions | No | No | Yes |
| Ethical Investing | No | Yes | No |
| Custodial Account | No | No | No |
| Guaranteed Stop Loss | No | Yes | No |
| Inactivity Fee | – | $12 | $15 |
| Islamic Account | No | No | Yes |
| Account Currencies | – |
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| Stock Exchanges | – |
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| Commodities | – |
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| CFD Trading | |||
| Overview | CFD trading not offered | IG offers a huge selection of 17,000+ CFDs, providing more trading opportunities than most CFD brokers. Traders can go long or short on popular markets like stocks, currencies, commodities and cryptos, while custom price alerts and the IG Academy continue to enhance the trading experience. | FxPro offers thousands of CFDs on forex, commodities, indices, shares and futures, expanded over the years. The broker's analysis and charting capabilities continue to stand as some of the best in the industry, with Trading Central integration, advanced order types and access to custom indicators. |
| Leverage | – | 1:30 (Retail), 1:222 (Pro) | 1:30 (Retail), 1:500 (Pro), 1:1000 (Via Prime Ash Capital Limited) |
| FTSE Spread | – | 1.0 | 171.63 |
| GBPUSD Spread | – | 0.9 | 0.6 |
| Oil Spread | – | 2.8 | 39 |
| Stocks Spread | – | 0.02 | Variable |
| Forex Trading | |||
| Overview | Forex trading not offered | IG offers an above-average suite of 80+ currency pairs on its proprietary web platform, mobile app or MetaTrader 4, with more advanced charts and forex analysis tools available on the ProRealTime software. Forex spreads are competitive based on tests, starting from 0.1 pips on majors like the EUR/USD. | FxPro offers 70+ currency pairs but no minors and stands out with its ultra-fast execution speeds and tight spreads averaging 0.45 pips on EUR/USD. Forex traders can also build test and deploy short-term trading strategies on the industry-leading MT4 software, with expert advisors (EAs) for algo trading. |
| GBPUSD Spread | – | 0.9 | 0.6 |
| EURUSD Spread | – | 0.86 | 0.45 |
| EURGBP Spread | – | 0.9 | 0.73 |
| Assets | – | 80+ | 70+ |
| Crypto Trading | |||
| Overview | FTX supports crypto trading on hundreds of major tokens by way of spot trades and derivatives contracts. This includes access to popular cryptos like Bitcoin, Ethereum and Litecoin. | IG offers a growing selection of over 100 crypto CFDs and digital assets for buying, selling and storing. It also stands out with its crypto index, which tracks the value of the top 10 digital currencies by market cap and provides a holistic way to speculate on the value of the crypto market. Its crypto offering was also bolstered in the UK after it secured a digital asset license from the FCA, providing trading and investing on popular crypto coins in a regulated setting. It has also expanded its spot crypto offering to Australia, France, and Singapore. | FxPro traders (outside the UK) can trade CFDs on over 25 popular cryptos, including Bitcoin and Ethereum as well as smaller tokens like Tron. In 2021, the broker introduced 24/7 trading on crypto, however where it stands out is its ultra-fast execution that lends it to active traders. |
| Crypto Spread | Variable | Variable | Variable |
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| Crypto Lending | Yes | No | No |
| Crypto Mining | No | No | No |
| Crypto Staking | No | No | No |
| Crypto Auto Market Maker | Yes | No | No |
| Visit broker | VisitReview | VisitReview Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. | VisitReview 77.20% of retail accounts lose money with this provider. |