Errante vs FXChoice
| Errante | FXChoice |
|---|---|
4
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4.3
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 Traders from US not accepted |
Traders from US not accepted |
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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. |
FXChoice is a Belize-based broker established in 2010 and registered with the Financial Services Commission (FSC). The brand offers a wide selection of markets including crypto, plus the familiar MT4 and MT5 platforms. FXChoice stands out for its extra tools and perks, from LearnFx EAs to a VPS and Myfxbook's AutoTrade. New users can also claim a welcome bonus upon sign-up. |
| Bonus Offer | |
| 50% or 65% Welcome Deposit 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." | "We recommend FXChoice for active traders with high leverage up to 1:1000, spreads from 0.0 pips and a five-tier loyalty program with fee rebates." |
| Pros | |
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| Cons | |
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| Awards | |
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| Instruments | |
| CFDs, Stocks, Indices, Forex, Metals, Energies, Cryptos | CFDs, Forex, Indices, Commodities, Cryptocurrencies, Shares |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $50 | $100 |
| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | 0.01 lots |
| Regulator | |
| CySEC, FSA | FSC |
| Margin Trading | |
| Yes | Yes |
| MetaTrader 4 | |
| Yes | Yes |
| MetaTrader 5 | |
| Yes | Yes |
| cTrader | |
| No | No |
| AlgoTrader | |
| No | No |
| OmniTrader | |
| No | No |
| TradingView | |
| No | No |
| Autochartist | |
| No | No |
| eSignal | |
| No | No |
| Trading Central | |
| No | No |
| STP Account | |
| Yes | No |
| ECN Account | |
| Yes | Yes |
| DMA Account | |
| No | No |
| MAM Account | |
| Yes | Yes |
| 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 | Yes |
| P2P Trading | |
| No | No |
| Spot Trading | |
| No | Yes |
| Mobile Apps | |
| iOS & Android | iOS & Android |
| Auto Trading | |
| EAs | Yes (EAs) |
| 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. | FXChoice has partnered with Myfxbook AutoTrade to offer copy trading to all account holders. You can find and follow the strategies of multiple traders with straightforward account management. MQL5 signals can also be used to inform buy or sell decisions. |
| Social Trading | |
| No | Yes |
| Trade Signals | |
| MetaTrader | Yes - MQL5 |
| VPS Hosting | |
| Yes | 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 | |
| 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. | FXChoice offers highly leveraged CFD products on a breadth of financial markets, including shares, indices, commodities and crypto. FXChoice provides more supporting tools than many alternatives, including signals, auto trading, a VPS, and a research center. |
| Leverage | |
| 1:500 | 1:200 |
| FTSE Spread | |
| From 1.5 pips (Standard Account) | From $18.53 |
| GBPUSD Spread | |
| From 1.5 pips (Standard Account) | From $8 |
| Oil Spread | |
| From 1.5 pips (Standard Account) | From $40 |
| Stocks Spread | |
| From 1.5 pips (Standard Account) | Variable |
| 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 36 forex pairs, including the EUR/USD with spreads from zero pips. FXChoice offers higher leverage on forex than most competitors, alongside 24/5 support and an accessible $10 starting deposit. |
| Forex App | |
MT4 and MT5 apps are available to download form the Apple and Google Play stores. Both applications offers one-click trading, advanced charts and graphs, built-in support, plus instant and pending order types. MT4 is best suited to forex beginners while MT5 will meet the needs of experienced FX traders. |
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| GBPUSD Spread | |
| From 1.5 pips (Standard Account) | From $8 |
| EURUSD Spread | |
| From 1.5 pips (Standard Account) | From $5 |
| EURGBP Spread | |
| From 1.5 pips (Standard Account) | From $6.95 |
| Assets | |
| 50+ | 36 |
| 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. | FXChoice offers trading on leading crypto cross pairs with the US Dollar. The selection of digital assets is narrow but spreads are tight starting at 0.15. |
| Spread | |
| From 1.5 pips (Standard Account) | 0.11 - 3.0 pips |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | Yes |
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Errante vs |
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