Templer FX vs Moomoo

Templer FX vs Moomoo Comparison Table 2024
Templer FX Moomoo
2
3.8

Templer FX is an unregulated, offshore forex and CFD broker founded in 2004. The brokerage offers a small range of assets on the MetaTrader 4 or proprietary platform, with high leverage up to 1:2000 and micro-lot trading. As an ECN broker, the brand aims to provide ultra-low trading costs and fast execution, making it an attractive choice for active traders.

Moomoo is an SEC-regulated app-based investment platform that offers a straightforward and affordable way to invest in Chinese, Hong Kong, Singaporean, Australian and US stocks, ETFs and other assets. Margin trading is available and the brand offers a zero-deposit account as well as several bonuses.

Customer Reviews
3.5
Bonus Offer
$30 No Deposit Welcome Bonus
Comment by Reviewer
"Templer FX will appeal to traders looking for a cent account and very high leverage up to 1:2000. The $1 minimum deposit also makes it accessible for beginners." "Moomoo remains an excellent choice for new and intermediate stock traders who want to build a diverse investment portfolio. What really stands out is the broker's user-friendly app and the low trading fees."
Pros
  • ECN broker with competitive spreads from 0.1 pips, no commissions and fast execution
  • A range of promotions on offer, including a loyalty bonus and no-deposit bonus
  • Both trading platforms support Expert Advisors and custom indicators
  • Responsive customer support team based on tests
  • Decent range of fast and free deposit methods
  • Low minimum deposit of $1
  • Fast transaction times
  • It is reassuring that Moomoo holds licenses with the US Securities and Exchange Commission (SEC) and the Monetary Authority of Singapore (MAS), among others
  • Moomoo is a Member of FINRA and the Securities Investor Protection Corporation (SIPC), adding another level of security for prospective clients
  • The ‘Moomoo Token’ generates dynamic passwords for transaction security - a unique and helpful safety feature
  • Moomoo's analytics and insights are impressive and detailed compared to other brands
  • There is no minimum deposit requirement making the broker accessible for beginners
  • The broker offers access to extended pre-market trading hours
  • There are reduced options contract fees from $0.65 to $0
Cons
  • Offshore and unregulated
  • US, UK and EU clients not accepted
  • Narrow range of assets compared to other brokers
  • Unreasonable conditions for the 'segregated accounts' service
  • Below average selection of education resources
  • €50 fee for bank transfer withdrawals
  • There is no negative balance protection, which is a common safety feature at top-tier-regulated brokers
  • It's a shame that there is no 2 factor authentication (2FA), despite the other security features on offer
  • There is no phone or live chat support - common options at most other brokers
Awards
  • Best Trading Platform 2022 - Fintech Breakthrough
  • Best Active Trading App 2021 - Investing Simple
  • Best Trading Technology 2021 - Benzinga
  • Best Online Stock Brokers 2021 - Benzinga
Instruments
Forex, CFDs, indices, shares, metals, energies, cryptocurrencies Stocks, Options, ETFs, ADRs, OTCs
Demo Account
Yes Yes
Minimum Deposit
$1 $0
Trading Platforms
  • MT4
  • Desktop Platform
  • Mobile App
Payment Methods
Minimum Trade
0.01 Lots $0
Regulator
FSA SEC, FINRA, MAS, ASIC, SFC
Margin Trading
Yes Yes
Margin Rate
6.8
STP Account
No No
ECN Account
Yes No
DMA Account
No No
MAM Account
Yes 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
Yes Yes
Mobile Apps
iOS, Android, Blackberry Yes (iOS & Android)
Android App Rating
3.3
iOS App Rating
4.6
Auto Trading
Yes
Copy Trading
No No
Social Trading
No No
Trade Signals
None
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • USD
  • HKD
  • SGD
Stock Exchanges
Commodities
CFD Trading
Templer FX offers a modest suite of CFDs compared to other brands, covering shares, commodities, indices and cryptos. The good news is that you can start with as little as $1 and there are no commissions. CFD trading not offered
Leverage
1:2000 1:2
FTSE Spread
1.0
GBPUSD Spread
0.8
Oil Spread
2.0
Stocks Spread
Variable $0 per trade
Forex Trading
Trade 30+ forex pairs with competitive spreads averaging 0.5 pips for EUR/USD. You can also access very high leverage up to 1:2000, though we urge caution when using unregulated brokers. Forex trading not offered
GBPUSD Spread
0.8
EURUSD Spread
0.5
EURGBP Spread
1.1
Assets
32
Cryptocurrency
Traders can access popular cryptocurrencies, though the selection is not as wide as competitors. There is also the broker's Bitcoin account, where you can start with as little as 0.000001 BTC. Crypto trading not offered
Spread
Floating
Coins
  • BTC
  • LTC
  • ETH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
Templer FX
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Moomoo
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