KVB Prime vs 10TradeFX

DCFX vs 10TradeFX Comparison Table 2024
DCFX 10TradeFX
3.3
2.8

DCFX is a global forex and CFD broker. The broker offers standard retail trading services from its global branch, as well as innovative technology and prime liquidity solutions for professional clients from its UK branch. Depending on location, traders can access up to 80+ forex, indices, cryptos, commodities and futures on the MetaTrader 5 platform.

10TradeFX is an offshore regulated forex and CFD broker. The brand offers MetaTrader platform integration with spreads as low as 0.1 pips. The broker offers true STP and ECN execution. The low minimum deposit, social trading and funded trader account programme makes 10TradeFX appealing to new traders.

Bonus Offer
30% Deposit Bonus
Comment by Reviewer
"With DCFX’s dedication to technology, low latency execution and end-to-end solutions, I would recommend this broker to professional UK-based forex traders looking for a powerful FIX API and the MT5 platform. Alternatively, the Standard account at the global branch will suit beginners looking for fixed spreads and copy-trading features. However, the lack of regulation at this branch is a drawback." "After testing all the features at 10TradeFX, I think it would be a good choice for novice traders looking for an integrated online learning academy and copy trading services. However, the offshore regulation is a major red flag for me and I was disappointed in the small range of assets."
Pros
  • UK traders will benefit from top-tier FCA regulation, with access to the Financial Services Compensation Scheme and negative balance protection
  • The news section at DCFX is comprehensive, with a real-time feed featuring articles and videos from top-tier sources including Bloomberg and Yahoo Finance, as well as an economic calendar
  • The broker offers raw spread accounts with forex spreads from 0.0 pips, high leverage for experienced investors and zero commission trading available
  • I was happy with the broker’s reliable 24/5 customer support via live chat, plus tailored support services for professional clients at the UK branch
  • I was really pleased to see a user-friendly copy-trading service with useful P&L visuals and transparent data
  • I appreciate the flexible access to the MetaTrader 5 web and mobile platforms as well as TradingView charting and copy trading functionality
  • There are some diverse and popular asset classes on offer including forex, stocks, crypto and NFTs
  • I'm a fan of the comprehensive learning academy backed by London’s Association of Trading & Investment (ATI)
  • I like that traders can benefit from the Funded Trader program with up to $500,000 account size and 70% profit split
Cons
  • I’m disappointed that the global branch is unregulated, meaning clients won’t have the same financial protections as those registering with the FCA-regulated branch
  • It’s a shame that the broker’s overall market coverage is quite narrow for global clients, with even fewer assets available for UK clients
  • Raw spreads are only accessible to experienced or professional clients who can afford the higher minimum deposit requirements
  • I'm disappointed that the broker is regulated offshore by the Seychelles Financial Services Authority (SFSA) and is not overseen by any top-tier authority
  • I don't like how limited the shares offering is at 10TradeFX, putting them low in my rankings for market availability
Awards
  • Best Trade Execution 2020 - Global Forex Awards
Instruments
CFDs, Forex, Commodities, Shares, Indices, Cryptocurrencies CFDs, Forex, Stocks, Cryptos, Commodities
Demo Account
Yes Yes
Minimum Deposit
$50
Trading Platforms
  • MT5
  • MT5
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FCA SFSA
Margin Trading
Yes Yes
STP Account
No Yes
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
Yes Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS & Android iOS & Android
Auto Trading
Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes No
Copy Trading Platform
I think DCFX’s copy-trading app is an excellent choice for newcomers who want to copy the strategies of other users and learn about the markets through the experience of others. You can view the profit stats of each signal provider within the user-friendly dashboard. Alternatively, traders can sign up to be signal managers themselves.
Social Trading
No No
Trade Signals
MetaTrader
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 Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • USD
Stock Exchanges
Commodities
CFD Trading
CFDs are available with high leverage up to 1:1000 at the global branch, covering forex, commodities, indices, stocks and cryptos. Minimum deposits start from $30, though I found that experienced traders who can deposit $3000 will access the most competitive Raw CFD spreads. I was glad to see the MT5 platform available for all clients, which offers comprehensive charting features. 10TradeFX offers 200+ CFDs available to trade on the MT5 terminal. This is a relatively small range compared to most competitors I've reviewed. That said, the minimum deposit requirement to get started is only $50, which is great news for beginners.
Leverage
1:30 (UK Standard), 1:100 (UK Zero), 1:1000 (Global) 1:600
FTSE Spread
From 0.0 200
GBPUSD Spread
From 0.0 1.5
Oil Spread
From 0.0 20
Stocks Spread
From 0.0 29
Forex Trading
My tests uncovered around 30 currency pairs at DCFX, spanning all the popular majors and minors with zero commissions. This selection is below the industry average, however, very competitive raw spreads from 0.0 pips are available for experienced clients thanks to the broker’s prime liquidity aggregation engine. I’m also pleased to see comprehensive forex market news updates from top-tier sources including Bloomberg. My tests uncovered an average range of 40+ major, minor and exotic currency pairs with spreads as low as 0.1 pips and leverage up to 1:500. I like that the broker offers flexible contract sizes between 0.01 and 1 lot.
GBPUSD Spread
From 0.0 1.5
EURUSD Spread
From 0.0 1.5
EURGBP Spread
From 0.0 1.5
Assets
25+ 39
Cryptocurrency
I found 8 of the most popular crypto USD pairs available for global clients only, including BTCUSD, ETHUSD and SOLUSD. This isn’t the widest range but aligns with most similar brokers. Commissions are 0.4% per lot for both account types and I was pleased to see that all trading strategies and styles are permitted in the MT5 platform. There are 10+ crypto instruments available, including Bitcoin, Ethereum and Litecoin. Again, this is pretty limited for active crypto traders but I am glad to see some popular altcoins available 24/7 including Polkadot and Chainlink.
Spread
From 0.1 Variable
Coins
  • BTC
  • BCH
  • ETH
  • LTC
  • DOT
  • AVA
  • BNB
  • SOL
  • BTC
  • LTC
  • ETH
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
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