Focus Markets vs OvalX

Both forex brokers have built a positive reputation, and feedback from our members supports that. That said, Focus Markets currently holds a lower overall rating (0) compared to OvalX (1). Focus Markets has a lower minimum deposit, at 100.0. Both platforms offer their clients demo accounts. Focus Markets offers a greater leverage limit of 1:1000, whereas OvalX allows a maximum of only 1:275.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
Overall Rating: Platform: Pricing: Customer service: Features:
0/5 (0 reviews)
0/5
0/5
0/5
0/5
1/5 (0 reviews)
1/5
1/5
1/5
1/5
Minimum deposit ($) 100.0 250.0
Commission 7.0 -
Accepting US clients?
Swap free accounts
Segregated accounts
Interest on margin
Managed accounts
Accounts for money managers (MAM, PAMM)
One click trading
API
OCO orders
Trading over the phone
Hedging allowed
Trailing stops
Mobile trading
Scalping allowed
Bonuses
Demo Accounts
Web based trading
Contests
Decimals 5 5
Minimum lot size 0.01 0.01
Maximum lot size 50.0 -
Spread Variable Variable
Broker type STP, ECN STP, DMA, Prime of Prime
Maximal leverage (1:?) 1000 275
Availability STP, ECN STP, DMA, Prime of Prime
Regulation - FCA (UK), CySEC (Cyprus), FSCA (South Africa)
Trading Platforms MetaTrader 5 (MT5) MetaTrader 4 (MT4)
Funding/Withdrawal methods Wire Transfer, Credit Card, Debit Card Wire Transfer, Credit Card, Debit Card
Account Currency USD, GBP, EUR, JPY, CAD, SGD, AUD GBP
Languages English, Spanish, French, German, Japanese, Italian, Chinese English
Country Australia Cyprus
Trading platform(s) timezone Australia, Bulgaria, Guatemala, United Kingdom United Kingdom
Other trading instruments - Indices, Spread Betting
spreads
EUR/USD - -
GBP/USD - -
USD/JPY - -
USD/CAD - -
XAU/USD - -

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