Errante vs Baxia Markets

Errante vs Baxia Markets Comparison Table 2023
Errante Baxia Markets
4
3.3
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

Errante is a Cyprus-based and regulated forex and CFD broker with leveraged trading on multiple assets, tiered accounts including a zero-spread option, and copy trading support. The broker offers leveraged trading up to 1:30 under its CySEC-regulated branch and 1:500 from an offshore branch, and supports the MetaTrader 4 and MetaTrader 5 platforms. Errante's asset list is relatively limited but it does offer fast execution and low latency, and it is a trustworthy brand.

Baxia Markets is an offshore CFD broker that offers trading on forex, commodities and indices with tight spreads on a straight-through processing model with ultra-low latency. Trade on MetaTrader 4 or MetaTrader 5 with leverage up to 1:500 and no restrictions to scalping or hedging strategies. Users also benefit from third-party copy trading services.

Bonus Offer
$30 Welcome Bonus
Comment by Reviewer
"We recommend Errante for users seeking multi-asset trading on the MT4 and MT5 platforms. The copy trading platform and straightforward sign-up process will also suit newer traders." "Low commissions, market-leading spreads and the chance to trade with no restrictions will attract serious forex traders to Baxia Markets."
Pros
  • Reputable and trustworthy multi-asset broker
  • Supports cTrader, MT4 and MT5 platforms
  • Good range of cryptocurrencies including Bitcoin
  • Good selection of educational content and useful trading tools
  • Open an account in four easy steps
  • Copy trading available
  • Low starting deposit
  • Baxia New York and London data centres for deep liquidity and low latency
  • Copy trading services via ZuluTrade & Myfxbook
  • MetaTrader 4 and MetaTrader 5 integration
  • Full range of investments including cryptos
  • Straight-through processing model
  • Welcome bonus upon sign-up
  • Low starting deposit of $50
  • Instant and fee-free deposits
  • Demo account available
  • Hedging allowed
  • Forex VPS
  • FIX API
Cons
  • Small selection of shares
  • MT4 not available to EU traders
  • Advanced educational content is expensive to unlock
  • High deposits to unlock advanced account tiers with more favorable trading terms
  • Offshore regulation with limited customer protection
  • Clients from the USA not accepted
  • No direct stock trading
  • Withdrawal fees apply
Awards
  • Best ECN/STP Broker 2022 - UF Awards
  • Best Forex Newcomer 2021 - Forex Awards
  • Fastest Growing Broker 2021 - Ultimate Fintech Awards
  • Best Trade Executions 2020 - Forex Awards
Instruments
CFDs, Stocks, Indices, Forex, Metals, Energies, Cryptos CFDs on Forex, Commodities, Cryptos & Indices
Demo Account
Yes Yes
Minimum Deposit
$50 $50
Trading Platforms
  • MT4
  • MT5
  • MT4
  • MT5
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
CySEC, FSA SCB, FSA
Margin Trading
Yes Yes
STP Account
Yes Yes
ECN Account
Yes No
DMA Account
No No
MAM Account
Yes Yes
PAMM Account
No Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes No
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS & Android MT4 & MT5 iOS & Android
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes Yes
Copy Trading Platform
The Errante copy trading solution allows users to choose from a selection of master traders with insights into their returns, volatility ratio, recovery factor, and more. There are also no restrictions on the number of traders you can follow. Baxia Markets has partnered with award-winning copy trading solutions; Zulutrade and Myfxbook. These are among the most well-regarded copy trading apps that connect aspiring traders to seasoned investors.
Social Trading
No Yes
Trade Signals
MetaTrader
VPS Hosting
Yes Yes
Tournaments
No No
Demo Competitions
No Yes
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$15 $0
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • USD
  • EUR
  • GBP
  • AUD
Stock Exchanges
Commodities
CFD Trading
Errante customers can trade stocks, indices, commodities and cryptocurrencies with leveraged CFDs. The level of leverage available depends on regulatory oversight, with 1:30 the maximum allowed in the EU though this varies by asset. Trade CFDs on 75+ instruments, including forex, energies, metals, and indices with variable leverage up to 1:500 on major pairs, 1:200 on minors and exotics and 1:100 on commodities and energies.
Leverage
1:500 1:500
FTSE Spread
From 1.5 pips (Standard Account) From 1.0
GBPUSD Spread
From 1.5 pips (Standard Account) From 0.0
Oil Spread
From 1.5 pips (Standard Account) From 1.0
Stocks Spread
From 1.5 pips (Standard Account) N/A
Forex Trading
Errante traders can access 50+ forex pairs with leverage up to 1:500 (location dependant). The broker offers fast execution and tight spreads, especially to clients with VIP and Tailor-Made accounts. Trade 45+ major, minor and exotic pairs with deep liquidity and low latency. The ultra-tight spreads from 0.01 pips on raw accounts, competitive $7 or lower round-turn commissions and high leverage up to 1:500 will suit scalpers, who can trade without limits.
GBPUSD Spread
From 1.5 pips (Standard Account) From 0.0
EURUSD Spread
From 1.5 pips (Standard Account) From 0.0
EURGBP Spread
From 1.5 pips (Standard Account) From 0.0
Assets
50+ 56
Cryptocurrency
Errante clients can speculate on price movements of 26 crypto tokens, all paired with USD. CFDs allow for leveraged trading, but note that you will not directly own the assets traded. Trade popular crypto-fiat crosses with low spreads. Clients can speculate on short-term price fluctuations with powerful trading tools, low fees and reliable risk management features.
Spread
From 1.5 pips (Standard Account) Variable
Coins
  • BTC
  • ETH
  • LTC
  • BCH
  • XRP
  • DASH
  • EOS
  • IOTA
  • NEO
  • OMG
  • QTU
  • TRX
  • XMR
  • ZEC
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
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