Compare TriumphFX Vs FXOpen: Which is the Better Forex Broker in 2024?
TriumphFX Vs FXOpen, which one is better? Both brokers are often compared to each other to find which one comes out to be the better one. What many traders may not comprehend is that the best choice may differ for every one of them, and there's nothing wrong with it. To make it easier for you to decide which one is the best between TriumphFX Vs FXOpen, here is the direct comparison:
Compare | TriumphFX | FXOpen |
General Rating |
1.00/5 |
2.86/5 |
Score | ||
Trustpilot |
2.5/5 544 users |
4.2/5 12 users |
πΌ Regulation | ||
β Info | ||
β Established | 2009 | 2003 |
π² Min Deposit | $100 | $1 |
β Max Leverage | 1:500 | 1:500 |
π’ Spread | Variable | Variable |
πΈ Commissions | $6 | $1.50 |
π‘ Min Position | 0.01 lot | 0.01 lot |
π³ Payment | Wire transfer, Credit/debit cards, Neteller, UnionPay, AliPay and Tether (USDT) | Wire transfer, Credit/debit cards, FasaPay, Crypto, Litecoin, Ethereum, Crypto Cash, Tether (USDT), WebMoney and AdvCash |
π’ Office(s) |
𧩠Demo Account | ||
π Segregated Account | ||
π Islamic Account | ||
π¨βπ» PAMM Account | ||
π Managed Account |
π± Hedging | ||
πΊπΈ US traders | ||
π Swaps |
π Trading contests | ||
β‘ Automated trading | ||
π° Bonus offers | ||
π Free education |
1οΈβ£ One-click trading | ||
β± Trailing stop | ||
β³ Pending orders |
Forex | ||
CFD | ||
Indexes | ||
Spread Betting | ||
Gold & Silver | ||
Crypto | ||
Stocks | ||
Oil | ||
Metals | ||
Energies | ||
Futures | ||
ETF | ||
Options | ||
Agriculture | ||
Indices | ||
Commodities | ||
Etf | ||
Bonds | ||
Stock | ||
Binary Options | ||
ETFs | ||
Corporate Stocks | ||
Shares | ||
Silver | ||
Index | ||
Stocks 1:5 | ||
Physical Stock |
π£ Website Languages | English, Indonesian, Thai, Vietnamese, Chinese, Malay | Arabic, German, English, Spanish, French, Hungarian, Indonesian, Italian, Russian, Chinese, Portuguese, Thai, Turkish |
πͺ Trade Now | Open TriumphFX | Open FXOpen |
Compare Again
Testimonials
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TriumphFX: I found help with my refunds
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TriumphFX: Amazing Fund Management Program
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TriumphFX: Dissaponting
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TriumphFX: TriumphFX Slayyy
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TriumphFX: Visionary Broker
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FXOpen: With them since 2018
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FXOpen: Good ECN Account
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FXOpen: Bad support
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FXOpen: FXOpen review
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FXOpen: Better than the rumour
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See More TriumphFX Testimonials
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See More FXOpen Testimonials
News
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FXOpen UK Forex Broker Reports 5.5% Revenue Increase
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TriumphFX Shareholder Concerns Trigger Regulatory Crackdown
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FXOpen Introducing New ETF CFDs, Opening Doors to American, Chinese, and Indian Markets
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Automated EA and Indicator Script Now Available in FXOpen
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FXOpen Releases New Exotic Currency Pairs on its Platform
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FXOpen Reduces the Minimum Size of Index CFDs
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FXOpen Books the Most Innovative Awards from Traders Union
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FXOpen Approves Zero Commission on Index CFDs
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FXOpen Adds TradingView to its Charting Platform
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See More Related TriumphFX News
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See More Related FXOpen News
Article
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All You Need to Know about TriumphFX Community Trading
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Your Guide to FXOpen Forex Contests in 2023
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FXOpen Vs Tickmill for Cryptocurrency Trading
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Is FXOpen PAMM Service Worth It?
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TriumphFX Account Comparison: Islamic Variable Vs Platinum
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TriumphFX Deposit and Withdrawal Guide
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Guide to TriumphFX Trading Accounts
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FXOpen ECN vs STP Account
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Your Definitive Guide to FXOpen ECN Account
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See More Related TriumphFX Article
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See More Related FXOpen Article
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- Comparison List
Which one has the better spread?
Considering that spread is a trading cost, the lower the spread, the better it is for traders. However, spread information among brokers is not easy to get, as not every broker transparently publishes their spreads data.
However, traders can still choose their ideal brokers by the type of their spreads. The most two popular types of spread are fixed and variable. The pros and cons between the two spreads can vary for every trader. In this case, TriumphFX provides their pricing with Variable spread while FXOpen offers Variable spread.
TriumphFX vs FXOpen: Who hosts the best trading platform?
The trading platform is essential as you can't execute a trade without it. Additionally, trading platforms provide price charts and an assortment of analytical tools to help traders with their strategies.
To support their clients, TriumphFX enables trading with MetaTrader 4. The offer is supported with One-click trading, Trailing stop, Pending orders. In comparison, FXOpen provides trading with MetaTrader 4 (Limited with 30 days), MetaTrader 5 (Limited with 30 days), TickTrader (Limited with 30 days), TradingView, Web with the support of One-click trading, Trailing stop, Pending orders.
Is TriumphFX or FXOpen better in providing the trading instruments?
It is widely known that forex brokers offer other trading instruments other than currency pairs. The offer gives interesting choices for traders to explore other markets that may be proven beneficial for them and to diversify their trading portfolios.
In this case, TriumphFX supports trading with Forex, Crypto, Gold & silver, while FXOpen presents the ability of trading with Crypto, Etf, Commodities, Forex, Gold & silver, CFD, Oil, Stocks, Indexes, Energies.
In conclusion, deciding the better broker eventually comes down to your consideration. If you are an active trader, it is better to choose a broker with a variable spread that is generally lower than the fixed one. For the trading platform, MetaTrader 4 is the standard choice for every trader. But if you want to have a different experience with a more advanced platform, choose the broker that provides alternative platforms. The same goes for trading instruments; if you want to try delving into different markets, seek for a broker with more options on trading instruments.
Looking for more references? Here are other comparisons related to TriumphFX and FXOpen:
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- Compare TriumphFX vs ThinkMarkets
- Compare TriumphFX vs Forex4You
- Compare FXOpen vs easyMarkets
- Compare FXOpen vs Blaze Markets
- Compare FXOpen vs GOMarkets
For more comparisons, visit this page.