Errante vs FXChoice

Errante vs FXChoice Comparison Table 2024
Errante	FXChoice
Review 4	FXChoice has closed.

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.
Customer Reviews
5 Based on 8 Errante customer reviews
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
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	Tight spreads starting from 0.0 pips Bitcoin deposits and withdrawals GPS robot 100k EA download Hedging and scalping allowed MT4 and MT5 downloads Commission-free trading FIFO rule not applicable Cryptocurrency trading Social trading solution Pips+ loyalty scheme VPS available
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	Limited selection of commodities Weak regulatory oversight
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	Exceptional Customer Service 2019 - 2021 - LiveHelpNow
Instruments
CFDs, Stocks, Indices, Forex, Metals, Energies, Cryptos	CFDs, Forex, Indices, Commodities, Cryptocurrencies, Shares
Demo Account
Yes	Yes
Minimum Deposit
$50	$100
Trading Platforms
MT4 MT5	MT4 MT5
Payment Methods
ADVcash Bitcoin Payments Cashu Credit Card Debit Card Ethereum Payments Mastercard Neteller Perfect Money Skrill Sticpay Visa	ADVcash Airtm AstroPay Bitcoin Payments Credit Card Debit Card Ethereum Payments FasaPay Mastercard Neteller PayRedeem Paysafecard Perfect Money POLi Skrill Sticpay Visa
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
CySEC, FSA	FSC
Margin Trading
Yes	Yes
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
App Review
	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.
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.	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
USD EUR	USD EUR GBP CAD AUD
Stock Exchanges
Australian Securities Exchange (ASX) CAC 40 Index France DAX GER 40 Index Dow Jones FTSE UK Index IBEX 35 Nasdaq S&P 500	Euronext FTSE UK Index Japan Exchange Group Nasdaq New York Stock Exchange S&P 500
Commodities
Cocoa Coffee Copper Cotton Gold Natural Gas Oil Palladium Platinum Silver Sugar	Gold Oil Silver
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.
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
BTC ETH LTC BCH XRP DASH EOS IOTA NEO OMG QTU TRX XMR ZEC	BTC LTC ETH
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	Yes

Review	FXChoice has closed.
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