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FXTrading.com vs FTX

FXTrading.com vs FTX Comparison Table 2024
FXTrading.com FTX
Review
3
Review
0.3
FTX and FTX US has filed for Chapter 11 bankruptcy. We strongly advise against making any deposits. The FTX platform has been hacked. A warning has ben issued that the website, platform and app might be infected by trojan malware. We recommend that you refrain from using them.

FXTrading.com is global broker offering highly leveraged CFDs on 10,000+ assets, including forex, stocks, indices, commodities and cryptocurrencies. Competitive prices with raw spreads and low to zero commissions are available. Traders can use the popular MetaTrader 4 platform and will have access to a suite of additional analytical tools and other resources. The multi-regulated brokerage is authorized by the ASIC and VFSC.

FTX is a cryptocurrency exchange that offered a vast array of derivatives products and digital tokens. However, the company collapsed and filed for bankruptcy on November 11, 2022 after a wave of withdrawals revealed that the firm has mismanaged client funds and did not have sufficient liquidity.

Bonus Offer
50% Up to $250 plus 10% up to $2250
Comment by Reviewer
"FXTrading.com is a good brand for active traders who want a no-frills way to access a wide range of markets with low fees and frequent trader rewards." "We don't recommend FTX to crypto investors. The disgraced cryptocurrency exchange failed its customers and its CEO, Sam Bankman Fried, has been arrested."
Pros
  • Blog, forex books and V.O.D library, interactive courses, market analysis, webinars and Autochartist
  • Excellent range of markets including 10,000+ stocks, 70+ forex pairs and cryptos
  • Supports popular MT4 trading platform backed up with proprietary analytical tools
  • Good raw spreads available, starting from zero depending on market conditions
  • Australian branch is ASIC-regulated
  • High leverage up to 1:500
  • No dealing desk intervention
  • Active trader bonuses
  • Rapid execution
  • Tier 1 liquidity
  • Lower fees than most other cryptocurrency exchanges, thanks to its tiered system
  • An official mobile app is available on both Android and iOS
  • Built-in automated trading through Quant Zone
  • Ability to stake in the exchange using FTT
Cons
  • No negative balance protection
  • Global branch has weak regulation
  • Major safety and security concerns - you should not deposit with this firm
  • Limited options for currency withdrawals compared to other exchanges
  • Country restrictions apply to US citizens
  • No demo account available
  • Withdrawal problems
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies Cryptos, Futures, Options
Demo Account
Yes No
Minimum Deposit
$200 $1
Trading Platforms
  • MT4
  • AutoChartist
  • AlgoTrader
Payment Methods
Minimum Trade
0.01 Lots $1
Regulator
ASIC, VFSC
Margin Trading
No Yes
STP Account
Yes No
ECN Account
Yes No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
Yes iOS & Android
Auto Trading
Expert Advisors (EAs) on MetaTrader Yes
Copy Trading
Yes No
Social Trading
Yes No
Trade Signals
Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
No No
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
Stock Exchanges
Commodities
CFD Trading
FXTrading offers CFDs on a wide range of assets, including forex, stocks, commodities, indices and cryptocurrencies. Commodities include a selection of softs as well as metals and energies, and the eight indices offered include the US30, US500 and UK100. Flexible leverage is available with excellent risk management tools. CFD trading not offered
Leverage
1:500
FTSE Spread
Floating from 0.5 points
GBPUSD Spread
Floating from 0 pips
Oil Spread
Floating from 1 pip
Stocks Spread
Variable
Forex Trading
FXTrading clients can access 70+ forex pairs with high leverage up to 1:500, fast execution averaging 80ms, excellent liquidity and spreads from zero. A good selection of minors and exotics are available as well as all the majors. New users can start trading forex in 4 easy steps. Forex trading not offered
GBPUSD Spread
Floating from 0 pips
EURUSD Spread
Floating from 0 pips
EURGBP Spread
Floating from 0 pips
Assets
70+
Cryptocurrency
FXTrading offers CFDs on 11 cryptocurrencies in 17 pairs, with six large cryptos including Bitcoin, Ethereum and Litecoin available to trade against USD or AUD. All other cryptos trade in USD pairs. Decent leverage of 1:10 or 1:20 is available depending on the crypto. FTX supports crypto trading on hundreds of major tokens by way of spot trades and derivatives contracts. This includes access to popular cryptos like Bitcoin, Ethereum and Litecoin.
Spread
Floating Variable
Coins
  • BTC
  • ETH
  • XRP
  • ADA
  • BCH
  • BNB
  • DOG
  • DOT
  • EOS
  • LTC
  • XLM
  • BTC
  • ETH
  • SOL
  • FTT
  • USDT
  • MATIC
  • BNB
  • XRP
  • DOGE
  • SRM
  • LINK
  • LTC
  • FTM
  • SUSHI
  • RAY
  • UNI
  • STEP
  • AAVE
  • AGLD
Crypto Lending
No Yes
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No Yes
Review
Review
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