DNA Markets vs FinPros

DNA Markets vs FinPros Comparison Table 2024
DNA Markets FinPros
3
3.5

DNA Markets is a forex and CFD broker established in 2020. The broker operates two entities in Australia and the offshore jurisdiction, St Vincent and the Grenadines. Traders can access 250+ markets, with a Standard account for beginners and a Raw account for experienced traders. The reliable MetaTrader 4 and MetaTrader 5 platforms are available, alongside Signal Start.

FinPros is an offshore broker that provides CFD trading on 400+ instruments with high leverage up to 1:500. This is a reliable bet for traders seeking offshore options, with strong security measures, negative balance protection and segregated client funds. The extra features including trading tools and commission-free stocks make this a good choice for beginners, and experienced day traders will appreciate tight spreads.

Customer Reviews
4
Comment by Reviewer
"DNA Markets is an excellent choice for short-term traders familiar with the MetaTrader platforms. The smooth sign-up process also makes it easy to get started while the $100 minimum deposit is accessible. That said, DNA Markets trails the top brokers in education, research and mobile trading. " "With raw spreads, diverse markets, useful trading tools and MetaTrader 5 support, FinPros is a good all-rounder for beginners or experienced traders."
Pros
  • Short-term trading strategies are permitted including scalping and automated trading using Expert Advisors (EAs)
  • Convenient account funding with 7 base currencies, a $100 deposit and a wide range of payment methods
  • Low trading fees with spreads from 0.0 pips in the Raw account and zero non-trading fees
  • Top-rate platforms and charting tools for day traders with access to MT4 and MT5
  • 24/5 customer support with response times of <2 minutes during testing
  • Ultra-low latency
  • Free demo account
  • MetaTrader 5 platform
  • Trading Tools by TradingCentral
  • No deposit and withdrawal fees
  • Commission-free stock trading
  • 21 seconds average response time
  • Fully automated account registration process
  • A choice of live accounts and pricing models
Cons
  • Although it continues to strengthen its client base and reputation DNA Markets lacks the track record of top brokers like Vantage
  • The investment offering trails alternatives, especially in terms of stocks, cryptos and commodities
  • There are limited educational and research tools, reducing its appeal to beginners
  • Despite access to MT4 and MT5, there is no proprietary trading app
  • Offshore regulation
  • Only one trading platform
  • Traders from the USA not accepted
  • $800 minimum deposit with most accounts
Instruments
CFDs, Forex, Indices, Commodities, Stocks, Crypto CFDs on Stocks, Indices, Forex, Commodities, & Cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$100 $100
Trading Platforms
  • MT4
  • MT5
  • MT5
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
ASIC FSA
Margin Trading
Yes Yes
STP Account
No Yes
ECN Account
Yes 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
Yes Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS & Android iOS & Android
App Review

Our initial disappointment with DNA Markets’ lack of a proprietary mobile app was quickly overshadowed by the impressive functionality of the MT4 and MT5 mobile apps. These platforms deliver a seamless trading experience akin to their desktop counterparts, with smooth charting and customizable features optimized for mobile use. The addition of push notifications and plentiful daily news accessible directly from your phone ensures you’re kept in the loop with key market updates.

Android App Rating
4.4
iOS App Rating
4.8
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes No
Copy Trading Platform
DNA Markets offers Signal Start, a user-friendly copy trading solution. The tool is easy to use and new traders enjoy the first 3 months subscription-free. On the negative side, it lacks the social trading features you get with more comprehensive apps like eToro.
Social Trading
No No
Trade Signals
Signal Start
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0 $20
Islamic Account
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • SGD
  • USD
  • EUR
  • GBP
  • CAD
Stock Exchanges
Commodities
CFD Trading
DNA Markets offers a small suite of 250 CFDs covering stocks, indices, forex, commodities and cryptos, providing opportunities to speculate on rising and falling prices. There are no restrictions on strategies with leverage up to 1:30 (Australia) or 1:500 (rest of world). Trade CFDs on forex, stocks, indices, commodities and cryptos with high leverage up to 1:500 on the no-commission ClassiQ account. The raw spread account options have low commissions from $4 round-turn and offer lower maximum of leverage of 1:200 or 1:400, which is still competitive.
Leverage
1:500
FTSE Spread
1.7 From 0.0
GBPUSD Spread
1.0 From 0.0
Oil Spread
1.5 From 0.0
Stocks Spread
1.0 cent + $0.02 per share, per side (Apple) From 0.0
Forex Trading
DNA Markets continues to deliver an excellent environment for forex traders with 40+ currency pairs and low spreads from 0.0 pips on the EUR/USD during tests. The MetaTrader 4 platform, available on desktop, web and mobile, was also designed specifically for forex trading. FinPros offers 80+ forex pairs, which is one of the more diverse offerings available. Traders benefit from ultra-low latency, MT5 support and very tight spreads and low commissions on the RAW+ account.
GBPUSD Spread
1.0 From 0.0
EURUSD Spread
1.0 From 0.0
EURGBP Spread
1.0 From 0.0
Assets
40+ 80+
Currency Indices
  • USD
Cryptocurrency
You can trade a handful of cryptos 24/7. However, the narrow selection of 4 tokens trails alternatives like Vantage with its 40+ tokens, while the spread from $28 on Bitcoin is significantly higher than the cheapest crypto brokers. Trade leveraged CFDs on eight of the most popular cryptocurrencies, including Bitcoin, Ethereum, Litecoin and Ripple, in pairs with USD, EUR and JPY. The wider variety of fiat pairs make this an attractive offering, even if there is only a mediocre selection of crypto tokens to trade them with.
Spread
$28 (Bitcoin) From 0.0
Coins
  • BTC
  • ETH
  • LTC
  • XRP
  • ADA
  • BTC
  • DOT
  • EOS
  • ETH
  • LTC
  • XLM
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
DNA Markets
vs
FinPros
vs