Equiti vs Forex.com
Equiti Review 2023 | Forex.com Review 2023 |
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2.8
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4.5
Forex.com is #1 in our broker rankings. |
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Equiti is an international STP brokerage, with built-in analysis tools and a wide range of CFD and forex markets. The broker also offers sky-high leverage rates of up to 1:2000 and is regulated offshore for retail traders by the Seychelles FSA, among other tier-2 authorities. |
Forex.com boasts a global reputation with multiple awards and 20+ years experience. Regulated in the US, EU, UK and Canada they provide a huge range of markets, not just forex, and offer competitive fees on a cutting-edge platform. The brand also provides a suite of additional tools, from performance analytics and SMART Signals to advanced charts and strategy builders. |
Bonus Offer | |
Active Trader Program With A 15% Reduction In Costs | |
Comment by Reviewer | |
"After opening an account, I think Equiti is a pretty good option for experienced traders looking for ECN pricing with high leverage rates on the feature-rich MT5 platform. That said, the offshore regulation doesn't give me a great deal of confidence and the lack of educational tools is frustrating." | "Forex.com is an excellent broker for forex traders with over 80 currency pairs, tight spreads, low commissions and powerful platforms. The brand is also heavily regulated while its parent company is listed on the NASDAQ, giving it a high trust score." |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
Forex, CFDs, indices, shares, commodities, cryptocurrencies | Forex, Spot Metals |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$500 | $100 |
Trading Platforms | |
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Payment Methods | |
Debit Card, ACH Transfer, Wire Transfer | |
Minimum Trade | |
0.01 Lots | 0.01 Lots |
Regulator | |
FSA, JSC, CMA, SCA, CBA, FCA | NFA, CFTC |
Margin Trading | |
No | Yes |
STP Account | |
No | Yes |
ECN Account | |
No | Yes |
DMA Account | |
No | Yes |
MAM Account | |
No | No |
PAMM Account | |
No | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | Yes |
Robo Advisor | |
No | No |
Negative Balance Protection | |
No | Yes |
Market Maker | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
No | Yes |
Mobile Apps | |
Yes | iOS & Android |
Auto Trading | |
Expert Advisors (EAs) on MetaTrader | Expert Advisors (EAs) on MetaTrader |
Copy Trading | |
No | No |
Social Trading | |
Yes | No |
Trade Signals | |
Yes | SMART Signals |
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 | |
$15 | |
Islamic Account | |
Yes | Yes |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
The broker's CFD range encompasses all my favorites: forex, US, UK and European stocks, international ETFs, energy commodities, global stock indices and cryptos. They're all available with competitive ECN conditions from within the MT4 or MT5 trading platforms. | CFD trading not offered |
Leverage | |
1:500 | 1:50 |
FTSE Spread | |
1.2 | 1.0 |
GBPUSD Spread | |
0.2 | 1.0 |
Oil Spread | |
0.028 | 0.04 |
Stocks Spread | |
Variable | 0.1% (Min Commission Applies) |
Forex Trading | |
During my testing, I uncovered nearly 70 foreign exchange CFDs - not a bad line-up compared to other brokers I review. The broker’s STP execution model means that execution times for me are generally quite low and spreads are competitive, starting from 0.0 pips. | Forex.com is a leading FX broker. The brand offers a wide range of currency pairs and some of the lowest fees in the industry. Spreads on the EUR/USD come in as low as 0.0 with a $7 commission per $100k. |
Forex App | |
Running alongside the Advanced and WebTrader Platforms, the Forex.com mobile app offers full trading capabilities on a user-friendly, compact platform. Integrated news and analysis, plus real time trade alerts, are two mobile specific features that set this app above the crowd. |
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GBPUSD Spread | |
0.2 | 1.0 |
EURUSD Spread | |
1.6 | 1.0 |
EURGBP Spread | |
0.9 | 1.0 |
Assets | |
65 | 80+ |
Cryptocurrency | |
I’m pretty happy with Equiti’s 1:10 leverage and spreads from $5 on popular crypto pairs like BTCUSD. Savvy clients can also utilize the broker's signals and market news to get crypto trade ideas and keep abreast of industry developments. | Crypto trading not offered |
Spread | |
Variable | BTC 1.4%, ETH 2% |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
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More Comparisons | |
Equiti vs |
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