| Online Broker | Minimum Deposit | Trading Platforms | Markets | About |
|---|---|---|---|---|
| FXGiants | $100 Minimum Deposit | MT4 Trading Platform | 200+ Markets To Trade | FXGiants offers trading on MT4, with a wide range of account types including Cent, fixed spreads and STP/ECN About |
| FXOpen | $1 Minimum Deposit | MT4, MT5, TickTrader Trading Platforms | 600+ Markets To Trade | FXOpen offers a Cent account with a $1 minimum deposit and provides trading (including automated trading) on MT4, MT5 and TickTrader About |
FXGiants and FXOpen Comparison
Both provide MT4. FXOpen additonally offers MT5 and TickTrader. FXOpen has a Cent account (called the Micro account) and has a lower minimum deposit.
ECN conditions
Both brokers source prices from liquidity providers. FXOpen uses Equinix's NY Data Centre.
Quick comparison
Both are MT4 brokers. FXOpen additionally provides MT5 and TickTrader and has a smaller minimum deposit.
Minimum deposit and account types
The minimum deposit for FXGiants is $100. The minimum deposit for FXOpen is $1.
- FXGiants offers a Cent Account, a Live Floating Spread Account, a Live Fixed Spread Account, a Live Zero Fixed Spread Account, an STP/ECN Absolute Zero Account, an STP/ECN Account NO Commission and an STP/ECN Zero spread Account. The Live Fixed Spread Account has spreads from 0 pips fixed with a $9 per lot per side commission. The STP/ECN Zero Spread Account has variable spreads from 0 plus a $3.75 per lot per side commission.
- FXOpen offers ECN, STP, Micro and Crypto account types. The minimum deposit is $1 for the Micro account, $10 for the STP and Crypto accounts and $100 for the ECN account. The ECN account charges commissions on its markets, the STP does not charge commissions. The Crypto account is an STP account which additionally offers a range of Cryptocurrencies (which have a commission charge). FXOpen supports social and copy trading via ZuluTrade and Myfxbook. The minimum trade size is 0.0001 lots on the Micro account. Market news and analysis are available via RSS and an economic calendar is provided on FXOpen's website.
Markets
- FXGiants offers Forex pairs, Indices, Energy, Metals, Cryptocurrencies, Shares and Soft Commodities, with 200+ available.
- FXOpen offers Forex, Indices, Energy, Metals, Cryptocurrencies and Shares, with 600+ available.
FXGiants provides 80+ Forex pairs, FXOpen offers 45+ Forex pairs.
| Broker | Trading Platforms | Description |
|---|---|---|
| FXOpen Broker | MT4, MT5, TickTrader Trading Platforms | FXOpen provides automated trading on MT4, MT5 and TickTrader and has a Cent account with a $1 minimum deposit Description |
| FXGiants Broker | MT4 Trading Platform | FXGiants offers trading on MT4, with a wide range of account types for this platform, including Cent, STP/ECN and fixed spreads Description |
Cryptocurrency CFDs
- FXGiants offers Bitcoin, Ethereum, Litecoin and Ripple.
- FXOpen offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Dashcoin, IOTA, Ethereum Classic, EOS, Emercoin, Monero and NEO CFDs.
Spreads and leverage
- FXGiants can provide Forex spreads from 0.5 (variable) without a commission charge, from 1.8 (fixed) without a commission charge and from 0 with a commission charge. FXOpen can offer Forex spreads from 0 plus a commission charge.
Commissions
- FXGiants charges a commission of $13 per lot round trip for its ECN Zero account and does not charge a commission for its ECN No Commission account. On its 0 Fixed Spread account, FXGiants charges a commission from $18 per lot per side.
- For Forex, FXOpen charges a commission, which depends on volume traded, from $1.5 - $5 per standard lot per side. Other instruments have differing commission charges.
Online Trading platforms
FXGiants provides MT4. FXOpen offers MT4, MT5 and TickTrader.
Why FXGiants or FXOpen ?
Traders who want to trade on MetaTrader 4 (MT4) may do so at either brokers. Traders who want to trade on MetaTrader 5 (MT5), the succesor to MT4, may do so at FXOpen. Traders can also find user friendly TickTrader at fXOpen, Traders who want to trade with small account sizes can find a Micro (Cent) account at FXOpen, which has a low minimum deposit of $1.
Comparison summary
- Both offer CFD trading
- Each provides MT4
- FXOpen additionally offers MT5 and TickTrader
- FXOpen has a lower minimum deposit ($1)
