SynergyFX vs ForexTB

SynergyFX vs ForexTB Comparison Table 2022
SynergyFX ForexTB
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
SynergyFX is an Australian broker offering ECN accounts & the MetaTrader platforms. Trade CFDs on a powerful and intuitive trading platform. Over 300 markets to trade, with tight spreads and multi-device support. CySEC Regulated.
Awards
Best Forex Broker 2018 - International Business Summit Malaysia
Australian Best Forex Broker 2015 - Global Financial Market Review
Best Currency Management Fund 2015 - GFMR
Bonus
Spin & Win Draw None
Instruments
Forex, CFDs, indices, shares, commodities Forex, ETFs, CFDs, indices, shares, commodities, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$50 $250
Payment Methods
Credit Card, Doku Wallet, Mastercard, Skrill, UnionPay, Visa, Wire Transfer Credit Card, Debit Card, Giropay, iDeal, Mastercard, Neteller, PayPal, Skrill, Sofort, Venmo, Visa, Wire Transfer
Minimum Trade
0.01 lots 0.01 lots
Regulator
ASIC, VFSC CySEC
Margin Trading
No Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes No
cTrader
No No
STP Account
No No
ECN Account
No 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
Robo Advisor
- No
Negative Balance Protection
- Yes
Market Maker
- No
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
Yes Yes
Auto Trading
Yes Yes
Trade Signals
- Yes
VPS Hosting
- No
Tournaments
- No
Demo Competitions
- No
Ethical Investing
- No
Social Trading
Yes No
Copy Trading
No No
Islamic Account
Yes No
Account Currencies
- USD, EUR, GBP, JPY, RUB
CFD
Trade across several financial markets with up to 1:400 leverage. Trade CFDs on FX, commodities, major indices, and company stocks
Leverage
1:500 1:30 (Retail), 1:400 (Professional)
FTSE Spread
1.4 $0.02
GBPUSD Spread
1.5 1.8 pips
Oil Spread
0.030 $0.08
Stocks Spread
Variable Variable
Forex
Trade forex with competitive spreads. Trade major, minor & exotic currency pairs
GBPUSD Spread
1.5 From 2.0
EURUSD Spread
0.8 From 1.6
EURGBP Spread
1.3 From 1.8
Assets
40+ 50
Cryptocurrency
Crypto trading not offered Trade on popular cryptocurrency coins and traditional currencies
Spread
Floating
Coins
BTC, ETH, LTC, XRP, XMR, DSH, BCH
Crypto Lending
No No
Crypto Mining
- No
Crypto Staking
- No
Auto Market Maker
- No
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