FXOpen vs TeraFX

FXOpen vs TeraFX Comparison Table 2022
FXOpen TeraFX
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
FXOpen is a highly regulated FX & CFD broker offering multiple trading platforms. TeraFX is a regulated forex broker offering MT4 desktop & mobile trading.
Awards
Best ECN Broker 2012 - Masterforex-V
Best Trading Platform 2010 - Falcon Awards
Bonus
$10 no deposit bonus (non-UK traders) None
Instruments
Forex, CFDs, indices, commodities, cryptocurrencies Forex, CFDs, indices, commodities, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$300 $100
Payment Methods
Alipay, FasaPay, Neteller, Paysafecard, Perfect Money, QIWI, Rapid Transfer, RBK Money, Skrill, Trustly, UnionPay, Visa, WeChat Pay, Wire Transfer, Yandex Money Neteller, Skrill, Visa
Minimum Trade
0.01 lots 0.01 lots
Regulator
FCA, ASIC FCA
Margin Trading
No No
MetaTrader 4
Yes Yes
MetaTrader 5
Yes No
cTrader
No No
STP Account
No No
ECN Account
No Yes
DMA Account
No No
MAM Account
No No
PAMM Account
Yes No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No -
Robo Advisor
No -
Negative Balance Protection
No -
Market Maker
No -
P2P Trading
No No
Spot Trading
No No
Mobile Apps
Yes Yes
Auto Trading
Yes Yes
Trade Signals
Yes -
VPS Hosting
No -
Tournaments
Yes -
Demo Competitions
No -
Ethical Investing
No -
Social Trading
Yes No
Copy Trading
No No
Islamic Account
Yes Yes
Account Currencies
USD, EUR, GBP, JPY, CHF -
CFD
Trade CFDs on currency pairs, indices, & commodities with tight spreads. Trade CFDs with leverage across multiple asset classes.
Leverage
1:30 1:30 Retail, 1:200 Professional
FTSE Spread
1.2 Floating
GBPUSD Spread
0.2 Floating
Oil Spread
4 Floating
Stocks Spread
N/A N/A
Forex
Trade major, minor & emerging forex pairs with 1:30 leverage. Trade 50+ forex pairs with 1:30 leverage.
GBPUSD Spread
0.2 Floating
EURUSD Spread
0.2 Floating
EURGBP Spread
0.5 Floating
Assets
50+ 59
Cryptocurrency
Trade on dozens of cryptocurrency coins with 1:2 leverage. Crypto trading not offered
Spread
Variable Trade top crypto pairs on MT4.
Coins
BTC, BCH, ETH, XRP, LTC, EOS, DASH, USDT, EMC, MIOTA BTC, ETH, LTC, XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
- -
Auto Market Maker
No No
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