FXPro vs Mega Trader FX

FxPro vs Mega Trader FX Comparison Table 2023
FxPro	Mega Trader FX
Review 4.4	Review Not Yet Rated
Traders from US not accepted See available CFD brokers	Traders from US not accepted See available CFD brokers
FxPro is an award-winning forex, CFD and spread betting broker with over 2 million clients worldwide. The broker is regulated in 4 jurisdictions and offers 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.	Mega Trader FX is a multi-asset broker offering 1:500 leverage and deposit bonuses.
Bonus Offer
	20% deposit bonus up to $2,000
Comment by Reviewer
"FxPro is best for traders looking for wide market access with thousands of instruments and reliable trading platforms, including MT4, MT5 & cTrader."
Pros
No dealing desk (NDD) intervention with fast execution speeds under 13ms Thousands of CFDs across 6 asset classes with a particularly impressive range of indices and precious metals 4 superior trading platforms including MT4, MT5, cTrader and the broker's powerful proprietary solution Comprehensive analysis and trading tools including signals powered by Trading Central and VPS hosting Interactive learning center for beginners with tests, courses, video tutorials and webinars
Cons
Limited payment methods Relatively high fees on some assets Inactivity fee applied to dormant accounts
Awards
BEST BROKER 2021 (UK), Ultimate Fintech Awards BEST FX PROVIDER 2021, Online Personal Wealth Awards BEST TRADING PLATFORM 2020, Investors Chronicle & Financial Times
Instruments
CFDs, Forex, Stocks, Indices, Commodities, Futures	Forex, CFDs, indices, precious metals, energies
Demo Account
Yes	Yes
Minimum Deposit
$100	$0
Trading Platforms
MT4 MT5 cTrader AutoChartist TradingCentral DupliTrade	MT4
Payment Methods
American Express Credit Card Maestro Mastercard Neteller PayPal Skrill UnionPay Visa Wire Transfer	Maestro Neteller Skrill Visa
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
FCA, CySEC, FSCA, SCB, FSC	CySEC
Margin Trading
Yes	No
Margin Rate
0.5%
STP Account
Yes	No
ECN Account
No	No
DMA Account
No	No
MAM Account
Yes	No
PAMM Account
No	No
LAMM Account
Yes	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	No
Market Maker
Yes	No
P2P Trading
No	No
Spot Trading
Yes	No
Mobile Apps
iOS, Android and Windows	Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	No
Social Trading
No	No
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
Yes	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$5
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP AUD JPY ZAR CHF PLN
Stock Exchanges
Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng Hong Kong Stock Exchange Japan Exchange Group Nasdaq New York Stock Exchange Russell 2000 SIX Swiss Exchange
Commodities
Gasoline Gold Oil Palladium Platinum Silver Soybeans	Gold Silver
CFD Trading
FxPro offers thousands of CFDs on forex, commodities, indices, shares and futures with 24/5 multilingual support. Traders also benefit from low latency datacentre co-location.	CFD products are available on multiple financial markets.
Leverage
1:30 (Retail), 1:500 (Pro), 1:1000 (Via Prime Ash Capital Limited)	1:500
FTSE Spread
1.58 Pts (Ave)	Variable
GBPUSD Spread
2.39 Pips (Ave)	2.6
Oil Spread
0.07 (WTI Ave)	Variable
Stocks Spread
Variable	N/A
Forex Trading
Trade 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.	Online trading is available on major, minor and exotic FX pairs.
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.
GBPUSD Spread
2.39 pips (Ave)	2.6
EURUSD Spread
1.58 pips (Ave)	1.9
EURGBP Spread
1.74 pips (Ave)	2.5
Assets
70+	54
Currency Indices
USD
Cryptocurrency
Non-UK FxPro traders can access CFDs on 28 popular cryptocurrencies, including Bitcoin and Ethereum as well as smaller tokens like Tron. Crypto assets are all traded in pairs with USD and, as derivative products, are not directly traded or owned.	Crypto trading not offered
Spread
Variable
Coins
BAT BCH BTC DOG DOT DSH EOS ETC ETH IOT LNK LTC NEO XLM XMR XRP ZEC
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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