TeraFX vs NicoFX

TeraFX vs NicoFX Comparison Table 2022
TeraFX NicoFX
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. NicoFX facilitates trading in forex and precious metals under CySEC regulation.
Awards
Fastest Growing European STP Broker 2016 - Global Banking & Finance Awards
Best STP Broker 2016 - MENA Awards
Bonus
None None
Instruments
Forex, CFDs, indices, commodities, cryptocurrencies Forex, Metals
Demo Account
Yes Yes
Minimum Deposit
$100 $100
Payment Methods
Neteller, Skrill, Visa Credit Card, Mastercard, Skrill, UnionPay, Visa, Wire Transfer
Minimum Trade
0.01 lots 0.01 lots
Regulator
FCA CySEC
Margin Trading
No -
MetaTrader 4
Yes Yes
MetaTrader 5
No No
cTrader
No No
STP Account
No -
ECN Account
Yes 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
No No
Copy Trading
No No
Islamic Account
Yes Yes
Account Currencies
- -
CFD
Trade CFDs with leverage across multiple asset classes. CFD trading not offered
Leverage
1:30 Retail, 1:200 Professional 1:30
FTSE Spread
Floating N/A
GBPUSD Spread
Floating From 0.9
Oil Spread
Floating N/A
Stocks Spread
N/A N/A
Forex
Trade 50+ forex pairs with 1:30 leverage. Start trading a long list of leading currencies with up to 1:30 leverage.
GBPUSD Spread
Floating From 0.9
EURUSD Spread
Floating From 0.9
EURGBP Spread
Floating From 0.9
Assets
59 38
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