Q8 Trade vs NicoFX

Q8 Trade vs NicoFX Comparison Table 2021
Q8 Trade NicoFX
Trade Q8 is an online broker in the MENA region offering forex & multi-asset trading. NicoFX facilitates trading in forex and precious metals under CySEC regulation.
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
Awards
Best Regional Forex Trading Platform 2018 - Global Brands Magazine
Fastest Growing Forex Brand MENA 2018 - International Business Magazine
Fastest Growing European STP Broker 2016 - Global Banking & Finance Awards
Best STP Broker 2016 - MENA Awards
Bonus
Up to 25% welcome bonus None
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies Forex, Metals
Demo Account
Yes Yes
Minimum Deposit
$250 $100
Payment Methods
Visa Credit Card, Mastercard, Skrill, UnionPay, Visa, Wire Transfer
Minimum Trade
0.01 lots 0.01 lots
Regulator
FSA (Seychelles) CySEC
Margin Trading
No No
Margin Rate
MetaTrader 4
Yes Yes
MetaTrader 5
No No
cTrader
No No
STP Account
No No
ECN Account
No Yes
DMA Account
No Yes
Mobile Apps
Yes Yes
Auto Trading
Yes Yes (EAs)
Trade Signals
Yes Yes
Social Trading
Yes No
Copy Trading
No No
Islamic Account
Yes Yes
Account Currencies
- -
CFD
Trade in different markets with multiple CFD products. CFD trading not offered
Leverage
1:400 1:30
FTSE Spread
4.5 N/A
GBPUSD Spread
1.4 From 0.9
Oil Spread
3 N/A
Stocks Spread
0.1 N/A
Forex
Trade a mix of online currency pairs with leverage. Start trading a long list of leading currencies with up to 1:30 leverage.
GBPUSD Spread
1.4 From 0.9
EURUSD Spread
1.5 From 0.9
EURGBP Spread
1.9 From 0.9
Assets
45 38
Cryptocurrency
Trade Bitcoin against the US Dollar. Crypto trading not offered
Spread
100
Coins
BTC