FXtradeweb vs Covenance

Both forex brokers have built a positive reputation, and feedback from our members supports that. That said, FXtradeweb currently holds a stronger overall rating (3.2) than Covenance (0). FXtradeweb has a higher minimum deposit than Covenance, at 1000.0. 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 FXtradeweb has a maximum lot size of 10000.0, while Covenance offers 100.0. FXtradeweb offers a greater leverage limit of 1:500, whereas Covenance allows a maximum of only 1:100.
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.