vs Trade Comparison vs Trade Comparison vs Trade
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$50MT4, Advanced Platform, Web Trader300+FCA, ASIC, CFTC, IIROC, SFC, CIMA, FSA
$50MT475+FCA and Trade Comparison and Trade have a number of differences, however each offers MT4 and have the same relatively low minimum deposit. Trade is an ECN broker, which charges commissions for Forex (and offers lows spreads) except on its Classic account, where it offers trading without a commission charge. provides a range of platform, suited to discretionary trading, as well as MT4. Each support automated trading.

Both brokers are regulated by the FCA in the United Kingdom. is additionally regulated by the ASIC in Australia, the CFTC in the United States, the IIROC in Canada, the SFC in Hong Kong, the CIMA in the Cayman Islands and the FSA in Japan.

Quick comparison offers trading on a range of platforms including MT4. Trade offers ECN trading on MT4.

Minimum deposit and account types

The minimum deposit for is $/€/£50. The minimum deposit for Trade is $/€/£50.

  • offers Forex and CFD trading. The minimum trade size is 0.01 lots. It has an Economic Calendar, Market Research and a news feed on its platforms and a Trader Education course on its website.
  • Trade offers three account types for retail traders, Classic, ECN and ECN Plus. The minimum trade size is 0.01 lots. The minimum deposit for the Classic and ECN accounts is $/€/£50. The minimum deposit for the ECN Plus account is $/€/£10,000. The ECN Plus account has lower commission charges.
  • Trade offers an 'Educational and Analytical Portal' which provides trading strategies and signals, educational courses, the capacity to chat with an analyst, a technical and fundamental analysis feed, market analysis and news updates.


  • On The Advanced Platform, offers Forex, Indices, Energy, Cryptocurrencies, Metals, Soft Commodities and Stocks, with 300+ available.
  • On MT4, offers Forex, Indices, Energy, Metals and Soft Commodities, with 110+ available.
  • On MT4, Trade offers Forex, Indices, Energy, Cryptocurrencies and Precious Metals, with 75+ available.

Cryptocurrency CFDs

  • offers Bitcoin, Ethereum, Litecoin, Ripple and Bitcoin Cash.
  • Trade offers Bitcoin, Ethereum, Litecoin, Ripple and Bitcoin Cash.

Spreads and leverage

  • Spreads at are variable or fixed depending on the market, with variable spreads from 1.4 for EUR/USD, a fixed spread of 1 for UK100, a typical variable spread of 0.61 for Gold and 0.04 for US Crude Oil.
  • On Trade's Classic account, spreads are variable from 1.0 for EUR/USD. On Trade's ECN accounts, spreads are variable, with a typical spread of 0.1 for EUR/USD, 1.5 for UK100, 0.09 for Gold and 0.03 for US Crude Oil.

The maximum leverage for is . The maximum leverage for Trade is .


  • does not charge commissions, except for Shares CFDs.
  • Trade does not charge commissions on its Classic account for Forex, or for Indices or Commodities. For Forex on its ECN account it charges commission of $4 per lot per side, and $2.5 per lot per side on its ECN Plus account.

Platforms offers the Advanced Platform, a web trader, MT4, an MT4 web trader and apps. Trade offers MT4.

Comparison summary

  • Both brokers provide MT4 and support automated trading
  • has two other platforms for discretionary trading
  • Trade offers low Forex spreads plus a commission charge on its ECN accounts
  • Trade offers variable spreads without a commission charge on its Classic account
  • provides variable Forex spreads, without a commission charge
  • Both have a similar number of markets on MT4, but has more on its other platforms
  • Both are FCA regulated in the United Kingdom

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