24Option vs USGFX - Online Brokerage Comparison

24Option vs USGFX | Compare Trading Brokers

24Option vs USGFX Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$250MT4, Web Trader & Apps130+CySEC, IFSC
$100MT4, MT560+ASIC

24Option vs USGFX Comparison

Both of these brokers offer MT4 (MetaTrader 4). USGFX also provides the successor to MT4, namely MT5 (MetaTrader 5). USGFX is an STP/ECN broker, meaning it matches orders using STP, which is a trading environment that can be suited to trading robots and traders who wish to use a wide range of strategies. Both brokers offer tools for the trader who wishes to trade using their own discretion and 24Option additionally provides a user friendly web trader. 24Option is regulated by the CySEC in Cyprus and the IFSC in Belize. USGFX is regulated by the ASIC in Australia.

Quick comparison

Both brokers offer MT4. USGFX additionally provides MT5, while 24Option offers a web trader (and apps).

Minimum deposit and key account features

The minimum deposit for 24Option is $/€/£250. The minimum deposit for USGFX is $100.

  • 24Option offers an Economic Calendar, Market Reports, Analysis and Videos on its website and Trading Central.
  • USGFX offers four account types. These are Mini, Standard, VIP and Pro-ECN. The minimum deposit for the Mini account is $100, the minimum deposit for the Standard account is $10,000, and the minimum deposit for both the VIP and Pro-ECN accounts are $50,000. The different account types can offer lower spreads, with the lowest being available on the VIP account. All account types have a minimum trade size of 0.01 lots.
  • USGFX provides Trading Central, the Recognia Trading System (which provides trading ideas), analysis, one on one coaching and an Education Center on its website with webinars, seminars, a trading guide and Blog, along with contests.

Trading markets

  • 24Option offers Forex, Indices, Energy, Metals, Cryptocurrencies, Stocks and Soft Commodities, with 130+ available.
  • USGFX offers Forex, Indices, Energy, Metals and Crypotocurrencies, with 60+ available.

Cryptocurrency CFDs

  • 24Option offers Bitcoin, Ethereum, Litecoin, Ripple and DASH.
  • USGFX offers Bitcoin.

Leverage

Maximum leverage for 24Option (CySEC regulated) is . Maximum leverage for USGFX (ASIC regulated) is 500:1.

Online trading platforms

Both offer MT4. 24Option additionally provides a web trader and apps. USGFX additionally offers MT5.

Why 24Option or HYCM ?

Traders wishing to use MT5 can find this online trading platform at USGFX. MT5 is the successor to MT5, but traders can find MT4 at either broker. For traders who make their own trading decisions (rather than using robots), then 24Option provides a user friendly web trader and apps. MT4 and MT5 are both available as apps as well, for trader who wish to trade via tablet or mobile.

Comparison summary

  • Both brokers provide CFD trading
  • Each offers MT4
  • 24Option has a web trader (and apps)
  • USGFX offers MT5

Search this site

Translate