Traders Trust vs Tier1FX

Both of these regulated forex brokers have built a positive reputation, and feedback from our members supports that. Both brokers have the same overall rating, 3.7. Traders Trust has a lower minimum deposit, at 100.0. Both platforms offer their clients demo accounts, mobile trading, scalping, MAM/PAMM. Traders should note that both companies offer the same minimum (0.01) and maximum lot size (50.0). Traders Trust offers a greater leverage limit of 1:500, whereas Tier1FX allows a maximum of only 1:30.
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:
3.7/5 (11 reviews)
3.8/5
3.6/5
3.8/5
3.8/5
3.7/5 (1 reviews)
5/5
3/5
4/5
3/5
Minimum deposit ($) 100.0 500.0
Commission 0.0 5.0
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 50.0
Spread Variable -
Broker type STP, ECN, NDD, DMA STP, ECN, DMA
Maximal leverage (1:?) 500 30
Availability STP, ECN, NDD, DMA STP, ECN, DMA
Regulation FCA (UK), CySEC (Cyprus), BaFIN (Germany), FMA (NZ), KNF (Poland) MFSA (Malta)
Trading Platforms MetaTrader 4 (MT4), Mobile Platform, MT4 (via bridge) MetaTrader 4 (MT4), JForex, Fortex 6
Funding/Withdrawal methods Wire Transfer, Credit Card, Debit Card, Moneybookers, WebMoney, Neteller, UnionPay, Skrill, Okpay, FasaPay Wire Transfer, Neteller
Account Currency USD, GBP, EUR, CHF, JPY, PLN USD, GBP, EUR
Languages English, Spanish, French, German, Japanese, Italian, Greek, Russian, Chinese, Bangla, Polish, Indonesian, Malay, Arabic, Hungarian, Bulgarian, Urdu, Malay, Hindi, Farsi, Latvian English, Spanish, Italian, Chinese, Croatian
Country Cyprus Malta
Trading platform(s) timezone Bangladesh, Brazil, Ghana, Hungary, Indonesia, Cote dIvoire, Malaysia, Nigeria, Poland, Switzerland Malta
Other trading instruments Futures, Indices, Commodities, Energies, CFDs Commodities, Energies, CFDs
spreads
EUR/USD - -
GBP/USD - -
USD/JPY - -
USD/CAD - -
XAU/USD - -

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