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.
- Established in 2006, AvaTrade is a leading forex and CFD broker trusted by over 400,000 traders. Operating under regulation in 9 jurisdictions, AvaTrade processes an impressive 2+ million trades each month. Through like MT4, MT5, and its proprietary WebTrader, the broker provides a growing selection of 1,250+ instruments. Whether it’s CFDs, AvaOptions, or the more recent AvaFutures, short-term traders at all levels will find opportunities. With terrific education and 24/5 multilingual customer support, AvaTrade delivers the complete trading experience.
- 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.
Detailed comparison
Compared broker FTX | Alternative #1 AvaTrade | Alternative #2 FxPro | |
|---|---|---|---|
| Visit broker | VisitReview | VisitReview | VisitReview |
| Promotions | – | – | |
| Instruments | Cryptos, Futures, Options | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures | CFDs, Forex, Stocks, Indices, Commodities, Futures, Spread Betting |
| Demo Account | No | Yes | Yes |
| Minimum Deposit | $1 | $100 | $100 |
| Payment Methods |
|
|
|
| Minimum Trade | $1 | 0.01 Lots | 0.01 Lots |
| Trading Platforms |
|
|
|
| Regulator | – | ASIC, CySEC, FSCA, ISA, CBI, JFSA, BVI, FSRA/ADGM, AFM, CMA-Kenya, CIRO (via Friedberg Direct) | FCA, CySEC, FSCA, SCB, FSA |
| Margin Trading | Yes | Yes | Yes |
| STP Account | No | Yes | Yes |
| ECN Account | No | No | No |
| DMA Account | No | No | Yes |
| MAM Account | No | Yes | Yes |
| PAMM Account | No | Yes | Yes |
| LAMM Account | No | No | No |
| Demat Account | No | No | No |
| AI / Machine Learning | No | Yes | Yes |
| Robo Advisor | No | No | 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 | – | AvaTradeGO consistently impresses with its comprehensive mobile trading experience, boasting an interface that's not just easy to use, but genuinely intuitive. Navigating the app is a breeze, ensuring fast access to hundreds of markets, including forex, stocks, indices, commodities, ETFs, and bonds. However, what sets AvaTradeGO apart is its AvaProtect™ feature, offering an unmatched level of risk protection that's rare to find elsewhere. | 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 | Expert Advisors (EAs) on MetaTrader, cBots on cTrader |
| Copy Trading | No | Yes | No |
| Copy Trading Platform | – | AvaTrade maintains a top position when it comes to social and copy trading tools. Traders can access the proprietary AvaSocial app as well as popular third-party platforms, DupliTrade and ZuluTrade. The comprehensive performance metrics can help you find the right strategy provider for your goals and risk appetite. | – |
| Social Trading | No | Yes | No |
| Trade Signals | – | Yes | – |
| VPS Hosting | No | No | Yes |
| Tournaments | No | No | No |
| Demo Competitions | No | No | Yes |
| Ethical Investing | No | No | No |
| Custodial Account | No | No | No |
| Guaranteed Stop Loss | No | No | No |
| Inactivity Fee | – | $50 | $15 |
| Islamic Account | No | Yes | Yes |
| Account Currencies | – |
|
|
| Stock Exchanges | – |
|
|
| Commodities | – |
|
|
| CFD Trading | |||
| Overview | CFD trading not offered | AvaTrade's 1250+ leveraged CFD products span a wide range of asset classes including stocks, indices, commodities, bonds, crypto, and ETFs. What we love is that you can speculate on rising and falling prices in the broker’s feature-rich web and mobile platforms with market-leading research tools to help you discover short-term trading opportunities. | 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) 1:400 (Pro) | 1:30 (Retail), 1:500 (Pro), 1:1000 (Via Prime Ash Capital Limited) |
| FTSE Spread | – | 0.5 | 171.63 |
| GBPUSD Spread | – | 1.5 | 0.6 |
| Oil Spread | – | 0.02 | 39 |
| Stocks Spread | – | 0.13 | Variable |
| Forex Trading | |||
| Overview | Forex trading not offered | AvaTrade delivers 50+ currency pairs with tight spreads from 0.9 pips and zero commissions. Trade majors, minrs, and exotics 24/5 on leading forex platforms, notably MT4, with sophisticated charting tools and forex education to sharpen your edge, including a dedicated guide to 'Currency Trading'. | 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 | – | 1.5 | 0.6 |
| EURUSD Spread | – | 0.9 | 0.45 |
| EURGBP Spread | – | 1.5 | 0.73 |
| Assets | – | 50+ | 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. | Regulated in five continents, AvaTrade offers a secure way to access crypto markets. There's a growing range of digital currencies including Bitcoin, Ethereum and Ripple, plus more unusually, a crypto index for diversified exposure. You can also access competitive crypto spreads in the broker's three platforms as well as 1:2 leverage. | 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 | BTC <1%, ETH 2% | Variable |
| Crypto Coins |
|
|
|
| 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 | VisitReview |