Covenance vs Regulus

Both forex brokers have built a positive reputation, and feedback from our members supports that. That said, Covenance currently holds a lower overall rating (0) compared to Regulus (5). Covenance has a lower minimum deposit, at 30.0. Both platforms offer their clients demo accounts, mobile trading, MAM/PAMM. Traders should note that both companies offer the same minimum lot size 0.01, but Covenance has a maximum lot size of 100.0, while Regulus offers 10.0. Covenance offers a lower maximum leverage of 1:100, whereas Regulus allows trading with up to 1:1000.
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
5/5 (1 reviews)
5/5
5/5
5/5
5/5
Minimum deposit ($) 30.0 50.0
Commission 12.0 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 100.0 10.0
Spread Variable Variable
Broker type STP, ECN, Cent STP, ECN
Maximal leverage (1:?) 100 1000
Availability STP, ECN, Cent STP, ECN
Regulation - -
Trading Platforms MetaTrader 5 (MT5) MetaTrader 5 (MT5), Web Platform, Mobile Platform
Funding/Withdrawal methods Bitcoin, Crypto, USDT Wire Transfer, Credit Card, Debit Card
Account Currency USD USD
Languages English English
Country Comoros Mauritius
Trading platform(s) timezone Comoros Mauritius
Other trading instruments - Stocks, Indices, Commodities, Energies, Shares, CFDs, Cryptocurrency
spreads
EUR/USD - -
GBP/USD - -
USD/JPY - -
USD/CAD - -
XAU/USD - -

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