FxNet vs NicoFX

FxNet vs NicoFX Comparison Table 2022
FxNet NicoFX
WINNER
NicoFX is the better broker
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
FxNet is an online forex broker regulated by the IFSC and offering the MT4 platform. NicoFX facilitates trading in forex and precious metals under CySEC regulation.
Awards
  • Fastest Growing European STP Broker 2016 - Global Banking & Finance Awards
  • Best STP Broker 2016 - MENA Awards
Instruments
Forex, CFDs, indices, shares, energies, metals, bonds Forex, Metals
Demo Account
Yes Yes
Minimum Deposit
$50 $100
Payment Methods
Minimum Trade
0.01 lots 0.01 lots
Regulator
IFSC CySEC
Margin Trading
No
MetaTrader 4
Yes Yes
MetaTrader 5
No No
cTrader
No No
STP Account
No
ECN Account
No Yes
DMA Account
No Yes
MAM Account
No
PAMM Account
No
LAMM Account
No
Demat Account
No
P2P Trading
No
Spot Trading
No
Mobile Apps
Yes Yes
Auto Trading
Yes (EAs)
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes
Islamic Account
No Yes
Commodities
CFD Trading
Leveraged CFD trading is available across several markets. CFD trading not offered
Leverage
1:500 1:30
FTSE Spread
160 N/A
GBPUSD Spread<
2.1 From 0.9
Oil Spread
12 N/A
Stocks Spread
Floating N/A
Forex Trading
Trade 50+ global currency pairs with up to 1:500 leverage. Start trading a long list of leading currencies with up to 1:30 leverage.
GBPUSD Spread
2.1 From 0.9
EURUSD Spread
1.8 From 0.9
EURGBP Spread
2.2 From 0.9
Assets
51 38
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