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.
- Founded in 2009, Vantage offers trading on 1000+ short-term CFD products to millions of clients. You can trade Forex CFDs from 0.0 pips on the RAW account through TradingView, MT4 or MT5. Vantage is ASIC-regulated and client funds are segregated. Copy traders will also appreciate the range of social trading tools.
Detailed comparison
Compared broker FTX | Alternative #1 IG | Alternative #2 Vantage | |
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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 |
| Promotions | – | – | |
| Bonus | – | – | 50% Welcome Deposit Bonus, earn redeemable rewards in the Vantage Rewards scheme |
| 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, ETFs, Bonds |
| Demo Account | No | Yes | Yes |
| Minimum Deposit | $1 | $0 | $50 |
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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, ASIC, FSCA, VFSC, CIMA |
| 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 | Yes |
| DMA Account | No | Yes | No |
| 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 | No |
| Robo Advisor | No | Yes | No |
| Negative Balance Protection | No | Yes | Yes |
| Market Maker | No | Yes | Yes |
| P2P Trading | No | No | No |
| Spot Trading | No | Yes | No |
| 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. | Vantage offers one of the most complete trading apps we’ve used, especially following the 2026 enhancements. The crisp design and slick interface makes analyzing markets and placing trades straightforward, especially now that you can view balances across Contract, Copy, and Funding accounts in one screen. Changing to horizontal mode offers an optimal charting view, though frustratingly it can take a few seconds for the app to respond. Fortunately, this minor drawback is outweighed by the ease of overlaying indicators and drawing tools, plus the integrated economic calendar, newsfeed, market analysis, and even FX TV. |
| Auto Trading | Yes | Expert Advisors (EAs) on MetaTrader, build your own on ProRealTime | Myfxbook AutoTrade, Expert Advisors (EAs) on MetaTrader |
| Copy Trading | No | No | Yes |
| Copy Trading Platform | – | – | Traders enjoy social and copy trading at Vantage with the MetaTrader packages, DupliTrade, ZuluTrade and Myfxbook. ZuluTrade is one of the best social trading communities, using a sophisticated algorithm to rank top signal providers. |
| Social Trading | No | No | Yes |
| Trade Signals | – | Yes | 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 | $0 |
| 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. | Traders can speculate on 1000+ financial markets with high leverage up to 1:2000 depending on the region. You can bet on rising and falling prices in currencies, commodities, indices, shares, and more without owning the underlying asset. With the comprehensive choice of CFD trading platforms, users can also switch between desktop, web and mobile for a seamless trading experience. |
| Leverage | – | 1:30 (Retail), 1:250 (Pro) | 1:500 |
| FTSE Spread | – | 1.0 | 1.0 |
| GBPUSD Spread | – | 0.9 | 0.5 |
| Oil Spread | – | 2.8 | 0.01 |
| Stocks Spread | – | 0.02 | 0.01 |
| 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. | Vantage offers 55+ currency pairs - above the industry average, so experienced traders can explore plenty of opportunities. Vantage's deep liquidity pool provides forex spreads from 0.0 pips in the ECN accounts, alongside a competitive commission that's typically $6.00 round trip per standard lot. There are also no deposit fees or hidden charges. |
| GBPUSD Spread | – | 0.9 | 0.5 |
| EURUSD Spread | – | 0.86 | 0.18 |
| EURGBP Spread | – | 0.9 | 0.5 |
| Assets | – | 80+ | 55+ |
| 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. | You can trade cryptos 24/7, including Bitcoin, with up to 1:200 leverage and zero overnight fees. Various risk management tools are also available, including price alerts and stop losses. The Vantage app also offers an excellent live news feed so you can keep track of the crypto market whilst on the go. |
| 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 |