FXPesa vs FXTM
FXPesa | FXTM |
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1.5
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4
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Traders from US not accepted
|
Traders from US not accepted
|
FXPesa offers forex and CFD trading from its headquarters in Kenya. |
FXTM is a top-rated forex and CFD broker established in 2011 and operating across 4 continents. The company is secure and regulated by leading authorities, including the FCA and CySEC. Offering 1000+ day trading markets and three account types, they cater to all levels of trader. |
Bonus Offer | |
30% deposit bonus up to $150 | 30% up to $100 via Exinity Ltd |
Comment by Reviewer | |
"FXTM is a good pick for day traders seeking low forex commissions on the MetaTrader 4 platform. That said, the range of other assets is not extensive for those looking to diversify, especially stocks and cryptocurrencies." | |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
CFDs, Forex, Stocks, Commodities | Forex, CFDs, Indices, Commodities, Stocks |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$5 | $10 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
$0 | 0.01 Lots |
Regulator | |
CMA | CySEC, FCA, FSCA, FSC |
Margin Trading | |
Yes | Yes |
STP Account | |
No | Yes |
ECN Account | |
No | Yes |
DMA Account | |
No | No |
MAM Account | |
No | Yes |
PAMM Account | |
No | Yes |
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 | |
Yes | Yes |
Mobile Apps | |
MT4, FXPesa Trader | iOS & Android |
App Review | |
FXTM deliver a great mobile trading experience. Fast, secure and easy-to-use, the app supports both MetaTrader 4 and 5 and delivers real time quotes, all trading execution types and full account maintenance. The charting facilities are also among the best of any mobile app. Download it today. |
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Android App Rating | |
4.4 |
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iOS App Rating | |
4.8 |
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Auto Trading | |
Expert Advisors (EAs) on MetaTrader | Expert Advisors (EAs) on MetaTrader |
Copy Trading | |
No | No |
Social Trading | |
No | No |
Trade Signals | |
MT4 | Yes |
VPS Hosting | |
No | Yes |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$5 | |
Islamic Account | |
Yes | Yes |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
Trade leveraged CFDs on popular financial assets, including indices and commodities. | FXTM’s CFD offering spans 250+ forex, stocks, commodities and indices, plus crypto CFDs at the global entity. Leverage up to 1:30 is available from the CySEC-regulated branch, though highly seasoned traders can also access massive 1:2000 rates from the global entity. |
Leverage | |
1:400 | 1:2000 |
FTSE Spread | |
From 0.7 pips | 1.3 |
GBPUSD Spread | |
From 0.2 pips | 0.2 |
Oil Spread | |
From 0.028 pips | 5.0 |
Stocks Spread | |
Not Available | 0.1 |
Forex Trading | |
FXPesa offers 66 currency pairs, including all majors, plus a selection of minors and exotics. | FXTM offers a strong range of 60+ currency pairs - more than many competitors including AvaTrade. There’s also 6 currency indices for day traders looking to diversify their forex portfolios. The brand’s ECN account offers competitively low spreads from 0 pips, with equally low commissions up to $2 per lot. |
Forex App | |
FXTM deliver a great mobile trading experience. Fast, secure and easy-to-use, the app supports both MetaTrader 4 and 5 and delivers real time quotes, all trading execution types and full account maintenance. The charting facilities are also among the best of any mobile app. Download it today. |
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GBPUSD Spread | |
From 0.2 pips | 0.2 |
EURUSD Spread | |
From 0 pips | 0.1 |
EURGBP Spread | |
From 0.2 pips | 0.6 |
Assets | |
66 | 50+ |
Currency Indices | |
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Cryptocurrency | |
Crypto trading not offered | Cryptocurrency CFDs are available on 11 popular digital coins for those using the international entity. Bitcoin is available, alongside popular altcoins like Avalanch and Dogecoin. Spreads are floating and minimum lot sizes from 0.01 are available. |
Spread | |
Variable | |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
More Comparisons | |
FXPesa vs |
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