FTX vs FXPro
FTX | FxPro |
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0.3
FTX and FTX US has filed for Chapter 11 bankruptcy. We strongly advise against making any deposits. The FTX platform has been hacked. A warning has ben issued that the website, platform and app might be infected by trojan malware. We recommend that you refrain from using them.
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4.4
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FTX is a cryptocurrency exchange that offered a vast array of derivatives products and digital tokens. However, the company collapsed and filed for bankruptcy on November 11, 2022 after a wave of withdrawals revealed that the firm has mismanaged client funds and did not have sufficient liquidity. |
Founded in 2006, FxPro is an established forex, CFD and spread betting broker offering 2100+ assets to over 2 million clients worldwide. The broker is regulated in 4 jurisdictions and offers reliable 24/5 customer support, earning it a high trust and safety score. FxPro has also picked up more than 100 industry accolades for its competitive trading conditions, including fast execution and deep liquidity. |
Comment by Reviewer | |
"We don't recommend FTX to crypto investors. The disgraced cryptocurrency exchange failed its customers and its CEO, Sam Bankman Fried, has been arrested." | "FxPro is best for experienced traders looking for wide market access, premium research tools and advanced charting platforms. The competitive fees and fast execution will serve serious short-term traders, whilst the BnkPro investment service will appeal to those looking for long-term e-money solutions." |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
Cryptos, Futures, Options | CFDs, Forex, Stocks, Indices, Commodities, Futures |
Demo Account | |
No | Yes |
Minimum Deposit | |
$1 | $100 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
$1 | 0.01 Lots |
Regulator | |
FCA, CySEC, FSCA, SCB, FSC | |
Margin Trading | |
Yes | Yes |
Margin Rate | |
0.5% | |
STP Account | |
No | Yes |
ECN Account | |
No | No |
DMA Account | |
No | No |
MAM Account | |
No | 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 | |
No | Yes |
Market Maker | |
No | Yes |
P2P Trading | |
No | No |
Spot Trading | |
No | Yes |
Mobile Apps | |
iOS & Android | iOS & Android |
App Review | |
FxPro offers forex trading on 70+ pairs via its mobile app. A range of technical indicators and order types are available and hedging is supported. Download the app for free from the iOS and Android app stores. |
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Android App Rating | |
4.3 |
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iOS App Rating | |
4.7 |
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Auto Trading | |
Yes | Expert Advisors (EAs) on MetaTrader |
Copy Trading | |
No | No |
Social Trading | |
No | No |
VPS Hosting | |
No | No |
Tournaments | |
No | No |
Demo Competitions | |
No | Yes |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$5 | |
Islamic Account | |
No | Yes |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
CFD trading not offered | FxPro offers thousands of CFDs on forex, commodities, indices, shares and futures. The broker's analysis and charting capabilities continue to stand as some of the best in the industry, with Trading Central integration, advanced order types and access to custom indicators. |
Leverage | |
1:30 (Retail), 1:500 (Pro), 1:1000 (Via Prime Ash Capital Limited) | |
FTSE Spread | |
1.58 Pts (Ave) | |
GBPUSD Spread | |
2.39 Pips (Ave) | |
Oil Spread | |
0.07 (WTI Ave) | |
Stocks Spread | |
Variable | |
Forex Trading | |
Forex trading not offered | FxPro offers 70+ currency pairs with ultra-fast execution speeds and tight spreads from 0.46 pips on EUR/USD. The range of forex assets outranks many rivals, including our award winner, AvaTrade. Various short-term forex strategies are permitted, including EA trading and hedging. |
Forex App | |
FxPro offers forex trading on 70+ pairs via its mobile app. A range of technical indicators and order types are available and hedging is supported. Download the app for free from the iOS and Android app stores. |
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GBPUSD Spread | |
2.39 pips (Ave) | |
EURUSD Spread | |
1.58 pips (Ave) | |
EURGBP Spread | |
1.74 pips (Ave) | |
Assets | |
70+ | |
Currency Indices | |
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Cryptocurrency | |
FTX supports crypto trading on hundreds of major tokens by way of spot trades and derivatives contracts. This includes access to popular cryptos like Bitcoin, Ethereum and Litecoin. | Non-UK FxPro traders can access CFDs on 28 popular cryptocurrencies, including Bitcoin and Ethereum as well as smaller tokens like Tron. Algo traders can also make use of trading bots and custom indicators within the third-party platforms. |
Spread | |
Variable | Variable |
Coins | |
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Crypto Lending | |
Yes | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
Yes | No |
More Comparisons | |
FTX vs |
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