Forex.com vs TeraFX

Forex.com vs TeraFX Comparison Table 2021
Forex.com TeraFX
Forex.com boast a global reputation. Regulated in the UK, EU, US and Canada they offer a huge range of markets, not just forex, and offer very tight spreads and a cutting edge platform. TeraFX is a regulated forex broker offering MT4 desktop & mobile trading.
United States Flag Traders from US accepted
United States Flag Traders from US not accepted
Awards
Best US Broker 2020 - DayTrading.com
Best US Broker 2019 - DayTrading.com
Runner-Up - Best Forex Broker 2019 - DayTrading.com
Bonus
None None
Instruments
Stocks, Futures, Options, CFD, Forex, Crypto Forex, CFDs, indices, commodities, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$100 $100
Payment Methods
Credit Card, Giropay, MoneyGram, Paysafecard, Wire Transfer Neteller, Skrill, Visa
Minimum Trade
$1 0.01 lots
Regulator
CySEC, NFA, CFTC, FCA, FSA, IIROC and CIMA FCA
Margin Trading
No No
Margin Rate
MetaTrader 4
Yes Yes
MetaTrader 5
No No
cTrader
No No
STP Account
Yes No
ECN Account
Yes Yes
DMA Account
Yes No
Mobile Apps
Yes Yes
Auto Trading
Automated trade supported through trading platforms (MT4) Yes
Trade Signals
Yes No
Social Trading
No No
Copy Trading
No No
Islamic Account
Yes Yes
Account Currencies
USD, EUR, GBP, CHF -
CFD
Trade CFDs with leverage across multiple asset classes.
Leverage
1:50 1:30 Retail, 1:200 Professional
FTSE Spread
1 pt Floating
GBPUSD Spread
1.0 Var Floating
Oil Spread
0.04 Var Floating
Stocks Spread
0.1% (Min Commission Applies) N/A
Forex
Forex.com are a leading forex broker. Offering the largest range of currency pairs (80+) and some of the tightest spreads in the industry. Trade 50+ forex pairs with 1:30 leverage.
GBPUSD Spread
1.0 Var Floating
EURUSD Spread
0.7 Var Floating
EURGBP Spread
0.7 Var Floating
Assets
80+ 59
Cryptocurrency
Trade the major Cryptos against USD, EUR, GBP and AUD. All traded with tight spreads. No virtual wallet required, just a trading account. Crypto trading not offered
Spread
BTC 1.4%, ETH 2% Trade top crypto pairs on MT4.
Coins
BTC, BCH, ETH, LTC, XRP BTC, ETH, LTC, XRP