SynergyFX vs NicoFX

SynergyFX vs NicoFX Comparison Table 2022
SynergyFX NicoFX
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. NicoFX facilitates trading in forex and precious metals under CySEC regulation.
Awards
Best Forex Broker 2018 - International Business Summit Malaysia
Australian Best Forex Broker 2015 - Global Financial Market Review
Best Currency Management Fund 2015 - GFMR
Fastest Growing European STP Broker 2016 - Global Banking & Finance Awards
Best STP Broker 2016 - MENA Awards
Bonus
Spin & Win Draw None
Instruments
Forex, CFDs, indices, shares, commodities Forex, Metals
Demo Account
Yes Yes
Minimum Deposit
$50 $100
Payment Methods
Credit Card, Doku Wallet, Mastercard, Skrill, UnionPay, Visa, Wire Transfer Credit Card, Mastercard, Skrill, UnionPay, Visa, Wire Transfer
Minimum Trade
0.01 lots 0.01 lots
Regulator
ASIC, VFSC CySEC
Margin Trading
No -
MetaTrader 4
Yes Yes
MetaTrader 5
Yes No
cTrader
No No
AlgoTrader
- -
OmniTrader
- -
TradingView
- -
Autochartist
- -
eSignal
- -
Trading Central
- -
STP Account
No -
ECN Account
No Yes
DMA Account
No Yes
MAM Account
No -
PAMM Account
No -
LAMM Account
No -
Demat Account
No -
AI / Machine Learning
- -
Robo Advisor
- -
Negative Balance Protection
- -
Market Maker
- -
P2P Trading
No -
Spot Trading
No -
Mobile Apps
Yes Yes
Auto Trading
Yes Yes (EAs)
Trade Signals
- Yes
VPS Hosting
- -
Tournaments
- -
Demo Competitions
- -
Ethical Investing
- -
Social Trading
Yes No
Copy Trading
No No
Islamic Account
Yes Yes
Account Currencies
- -
Stock Exchanges
- -
CFD
Trade across several financial markets with up to 1:400 leverage. CFD trading not offered
Leverage
1:500 1:30
FTSE Spread
1.4 N/A
GBPUSD Spread
1.5 From 0.9
Oil Spread
0.030 N/A
Stocks Spread
Variable N/A
Forex
Trade forex with competitive spreads. Start trading a long list of leading currencies with up to 1:30 leverage.
GBPUSD Spread
1.5 From 0.9
EURUSD Spread
0.8 From 0.9
EURGBP Spread
1.3 From 0.9
Assets
40+ 38
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