Forex.com vs TeraFX

Forex.com vs TeraFX Comparison Table 2023
Forex.com TeraFX
4.5

Forex.com is #1 in our CFD broker rankings.

Not Yet Rated
United States Flag Traders from US accepted
United States Flag Traders from US not accepted

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 tight spreads on a cutting edge platform.

TeraFX is a regulated forex broker offering MT4 desktop & mobile trading.

Awards
  • Best US Broker 2020 - DayTrading.com
  • Best US Broker 2019 - DayTrading.com
  • Runner-Up - Best Forex Broker 2019 - DayTrading.com
Bonus
No
Instruments
Stocks, Futures, Options, CFD, Forex, Crypto Forex, CFDs, indices, commodities, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$100 $100
Payment Methods
Minimum Trade
$1 0.01 lots
Regulator
CySEC, IIROC, NFA, CFTC, FCA, CIMA FCA
Margin Trading
Yes No
MetaTrader 4
Yes Yes
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
Yes No
Autochartist
Yes No
eSignal
Yes No
Trading Central
Yes No
STP Account
Yes No
ECN Account
Yes Yes
DMA Account
Yes No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
Yes 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 Yes
Auto Trading
Automated trading supported through platforms (MT4) Yes
Copy Trading
No No
Social Trading
No No
Trade Signals
SMART Signals
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • CHF
Stock Exchanges
Commodities
CFD Trading
Go long and short on a range of popular financial markets Trade CFDs with leverage across multiple asset classes.
Leverage
1:200 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 Trading
Forex.com are a leading FX broker. Offering a large range of currency pairs and some of the tightest spreads in the industry. Trade 50+ forex pairs with 1:30 leverage.
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.

GBPUSD Spread
1.0 Var Floating
EURUSD Spread
0.8 Var Floating
EURGBP Spread
0.8 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. Note, cryptos are not available in the US or Canada. 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
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
Forex.com
vs
TeraFX
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