TeraFX vs Bybit

TeraFX vs Bybit Comparison Table 2022
TeraFX Bybit
WINNER
Bybit is the better broker
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
TeraFX is a regulated forex broker offering MT4 desktop & mobile trading. Bybit is an established crypto exchange aimed at active online traders.
Instruments
Forex, CFDs, indices, commodities, cryptocurrencies Cryptos, Futures
Demo Account
Yes Yes
Minimum Deposit
$100 $0
Payment Methods
Minimum Trade
0.01 lots 0.001
Regulator
FCA
Margin Trading
No Yes
MetaTrader 4
Yes No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No
OmniTrader
No
TradingView
No
Autochartist
No
eSignal
No
Trading Central
No
STP Account
No No
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
Robo Advisor
No
Negative Balance Protection
No
Market Maker
No
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
Yes Yes (iOS & Android)
Auto Trading
Yes Yes, via 3rd party software
Copy Trading
No No
Social Trading
No No
VPS Hosting
No
Tournaments
No
Demo Competitions
No
Ethical Investing
No
Islamic Account
Yes No
Commodities
CFD Trading
Trade CFDs with leverage across multiple asset classes. CFD trading not offered
Leverage
1:30 Retail, 1:200 Professional
FTSE Spread
Floating
GBPUSD Spread<
Floating
Oil Spread
Floating
Stocks Spread
N/A
Forex Trading
Trade 50+ forex pairs with 1:30 leverage. Forex trading not offered
GBPUSD Spread
Floating
EURUSD Spread
Floating
EURGBP Spread
Floating
Assets
59
Cryptocurrency
Crypto trading not offered Bybit offers an extensive selection of crypto derivatives products.
Spread
Trade top crypto pairs on MT4. Variable
Coins
  • BTC
  • ETH
  • LTC
  • XRP
  • BTC
  • ETH
  • EOS
  • XRP
  • USDT
  • BCH
  • LINK
  • XTZU
  • ADA
  • DOT
  • UNI
  • AAVE
  • SUSHI
  • XEM
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No
Auto Market Maker
No No
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