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Jeffrey Cammack June 10, 2020 08:00 AM
Established in 2011, Fondex provides an optimal trading environment for traders looking for a wide range of tradeable assets and low trading costs on the cTrader platform. An unusual broker, Fondex only offers support for the cTrader platform, which may be an instant turn-off for many traders, especially those who have a long history with Metatrader, but it offers some of the best trading conditions in the industry. Fondex's single live commission-free account has no minimum deposit requirements and spreads that average at [fxs-broker-property identifier="eur_usd_spread_smallest_account"] pips on the EUR/USD, a lower trading cost than most other brokers. cTrader is a powerful and feature-rich alternative to MetaTrader’s platforms, with a built-in copy trading function and advanced automation tools. Trading is offered on multiple assets, including 80 FX pairs, over 900 equities, 11 cryptocurrency pairs, and a wide range of indices, metals, energies, and ETFs. Fondex's educational and market analysis materials are comprehensive and in-depth, but unstructured, making it difficult to find what you are looking for.
Jeffrey Cammack June 10, 2020 08:00 AM
Regulated by CySEC and the Seychelles FSA, Errante caters to traders who prefer flexible trading conditions on the MT4 and MT5 platforms. However, traders should be aware that neither the minimum nor average spreads are published on its website. Errante offers trading on multiple assets, including cryptocurrencies, share CFDs, commodities, metals, indices, and over 50 Forex pairs, an average selection compared to other brokers. Support is offered for both the MT4 and MT5 platforms in addition to a copy trading platform, but Errante offers virtually no trading tools. Errante's entry-level account offers comparatively poor trading conditions, with a minimum deposit of 50 USD, and EUR/USD spreads of [fxs-broker-property identifier="eur_usd_spread_smallest_account"] pips. Trading costs improve on the VIP and Tailor-made accounts, but this is in exchange for much higher minimum deposits.
Jeffrey Cammack June 10, 2020 08:00 AM
A well-regulated broker with three simple accounts, Eightcap appeals to traders who are familiar with the MetaTrader and TradingView trading platforms and are looking for a wide choice of financial instruments. Eightcap offers three live accounts and a demo account. All accounts have a minimum deposit of 100 USD (or currency equivalent), making them accessible to beginner traders. The Standard Account and TradingView Accounts have fees included in their spreads, which average at 1 pip (EUR/USD), while its Raw Spread Account offers competitive spreads from as low as 0.0 pips (EUR/USD) in exchange for a commission of 7 USD (round turn). We were also pleased to find that traders can choose between the MT4, MT5, and TradingView platforms and that it offers a great range of trading tools, including Capitalise.ai, FlashTrader, and VPS services, although a trader has to trade a minimum of 5 lots and deposit at least 1,000 USD to access the VPS. Eightcap also has a decent education section, and its research materials are comprehensive, in-depth and updated frequently.