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FXTM vs SushiSwap

FXTM vs SushiSwap Comparison Table 2024
FXTM SushiSwap
Review
4
Review
1.8

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.

SushiSwap is a DeFi cryptocurrency exchange launched in 2020. Through the Ethereum blockchain, SushiSwap has generated over $2.5 billion in trading volume through it's AMM framework. Traders can swap tokens, as well as create liquidity via yield farming.

Bonus Offer
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." "SushiSwap will appeal to experienced crypto investors looking for competitive AMM rates or developers seeking to create custom pools. However as with most crypto exchanges, SushiSwap is unregulated so we recommend caution if considering this firm."
Pros
  • The broker delivers an excellent charting environment for day traders, with over 30 technical tools offered in the MT4 platform, plus a range of additional platform indicators for monitoring spreads, orders, pivot levels and more
  • Beginners can access a strong range of free educational materials and short-term market insights, including a podcast hosted by the brand’s expert team
  • FXTM offers free VPS hosting for active day traders looking for 24/7 uninterrupted connection with up to 99.9% uptime
  • The broker has a good reputation with multiple industry awards and oversight from top-tier regulators like the CySEC
  • Customer support is reliable and available in 30+ languages, making FXTM a top choice among global traders
  • Negative Balance Protection is available to clients registering with the EU and UK entities
  • Liquidity providers receive large rewards for their contributions - the SUSHI/ETH pool pays out double rewards
  • Some of the largest centralised exchanges in the world added the platform’s token, Sushi, days after it went live
  • Accessible fiat-to-crypto deposits including bank transfer and Apple Pay, plus 6 supported crypto wallets
  • Trading fees are more affordable than centralised exchanges such as Coinbase
  • The platform has received strong endorsements from multiple DeFi projects
  • Sushi Academy with learning materials for beginners and technical users
  • Crypto farming available with over 500 token pools to choose from
Cons
  • It’s a shame that ETFs and bond products are not available, and the selection of stocks is not extensive compared to competitors like AvaTrade
  • Spreads are mediocre in the commission-free accounts, with typical EUR/USD spreads around 1.9 pips - the industry average is around 1.2 pips
  • Withdrawal fees apply, including a 30 EUR fee on bank wire withdrawals
  • There are limited e-wallet payment options compared to alternatives
  • SushiSwap wasn’t independently audited before its release
  • Not as many tokens as other crypto exchanges
  • No regulation bringing security concerns
  • No demo account to test the firm
Awards
  • Best Trading Experience 2021 - World Finance Awards
  • Best Online Leveraged Trading Services 2021 - Global Business Awards
  • Best Forex Education Partner Nigeria 2021 - World Business Outlook
  • Best Trading Experience 2020 - World Finance Awards
  • Best ECN Broker 2020 - DayTrading.com
Instruments
Forex, CFDs, Indices, Commodities, Stocks Cryptos
Demo Account
Yes Yes
Minimum Deposit
$10 $30
Trading Platforms
  • FXTM App
  • MT4
  • MT5
  • Own
Payment Methods
Minimum Trade
0.01 Lots Variable
Regulator
CySEC, FCA, FSCA, FSC
Margin Trading
Yes No
STP Account
Yes No
ECN Account
Yes No
DMA Account
No No
MAM Account
Yes No
PAMM Account
Yes No
LAMM Account
No 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 Not yet
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.
Android App Rating
4.4
iOS App Rating
4.8
Auto Trading
Expert Advisors (EAs) on MetaTrader
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes
VPS Hosting
Yes No
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 No
Account Currencies
  • USD
  • EUR
  • GBP
Stock Exchanges
Commodities
CFD Trading
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. CFD trading not offered
FTSE Spread
1.3
GBPUSD Spread
0.2
Oil Spread
5.0
Stocks Spread
0.1
Forex Trading
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 trading not offered
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.
GBPUSD Spread
0.2
EURUSD Spread
0.1
EURGBP Spread
0.6
Assets
50+
Currency Indices
  • USD
  • EUR
  • GBP
  • JPY
  • AUD
  • NZD
Cryptocurrency
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. SushiSwap offers over 400 tokens to swap, with a good range of fiat and crypto deposits. With that said, this exchange is unregulated and funds may not be secure when compared to reputable crypto brokers.
Spread
Variable 0.30% fee
Coins
  • BTC
  • ETH
  • LTC
  • XRP
  • ETH
  • BTC
  • BAB
  • BAC
  • BAL
  • BAO
  • BAT
  • BNT
  • BUSD
  • DELTA
  • DFD
  • DFX
  • ESD
  • FARM
  • FTT
  • FTX
  • GNO
  • LINK
  • PAXG
  • RARI
  • SUSHI
  • SWAG
  • WBTC
  • YLD
  • ZIG
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Review
Review
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