Zenfinex vs FXTM

Zenfinex vs FXTM Comparison Table 2021
Zenfinex FXTM
Zenfinex is a UK-headquartered broker offering social trading, low fees and MT4. FXTM is a leading forex and CFD broker. Offering a huge range of markets and 6 account types, they cater to all levels of trader.
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
Awards
Best ECN Broker 2020 - DayTrading.com
Bonus
None 30% Up to $100 via Exinity Ltd
Instruments
Forex, CFDs, indices, commodities Forex, CFDs, indices, commodities, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$50 From $50
Payment Methods
Credit Card, Mastercard, Neteller, Skrill, Swift, Visa, Wire Transfer Bitcoin Payments, Credit Card, Google Pay, JCB Card, M-Pesa, Neteller, Perfect Money, QIWI, Skrill, UnionPay, Visa, Webmoney, WeChat Pay, Western Union, WorldPay, Yandex Money
Minimum Trade
0.01 lots 0.01 lots
Regulator
FCA, SVGFSA CySec, ESMA, FCA and FSC of the Republic of Mauritius
Margin Trading
No No
MetaTrader 4
Yes Yes
MetaTrader 5
Yes Yes
cTrader
No No
STP Account
No Yes
ECN Account
No Yes
DMA Account
No Yes
MAM Account
No Yes
PAMM Account
No Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
- No
Robo Advisor
- No
Negative Balance Protection
- No
Market Maker
- Yes
P2P Trading
No No
Spot Trading
No No
Mobile Apps
Yes iOS, Android and Windows
Auto Trading
Yes Yes, via FXTM Invest or EAs
Trade Signals
Yes Yes
VPS Hosting
- No
Tournaments
- No
Demo Competitions
- No
Ethical Investing
- No
Social Trading
Yes Yes
Copy Trading
Yes Yes
Islamic Account
No Yes
Account Currencies
- USD, EUR, GBP
CFD
Leveraged contracts for difference are available on multiple financial markets.
Leverage
1:30 UK, 1:400 1:30 EU, 1:200
FTSE Spread
2.0 1.3 pts
GBPUSD Spread
0.3 0.3 (var)
Oil Spread
0.05 9 pts (var)
Stocks Spread
N/A 0.1% Var
Forex
Ultra competitive spreads are available on forex pairs at Zenfinex. FXTM offer forex trading on a huge range of currency pairs. Spreads can be as low as 0.1 with the ECN account types.
GBPUSD Spread
0.3 0.3 (var)
EURUSD Spread
0.1 0.1 (var)
EURGBP Spread
0.3 0.2 (var)
Assets
50+ 50+