Warren Buffett Vs Elon Musk for 2024

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Warren Buffett Vs Elon Musk Guide

Analysis by Andrew Blumer, Updated Last updated - April 23, 2024

Warren Buffett Vs Elon Musk

The Tussle Between Warren And Musk

Between two of the richest men on the planet, it is quite clear there is a touch of animosity somewhere around.

One of these rich men is the CEO of automaker Tesla, Elon Musk. The other is the proprietor of Berkshire Hathaway, Warren Buffet. Elon is a futurist behind the most notable tech organisations on the planet. Buffet is a financial investor who invests in companies that he understands. The former is viewed as a visionary, while the latter is seen as an oracle. Musk, as far as he is concerned, conceded back in May that heis not the greatest fan of Buffet.

In an interview with the tech tycoon hosted by the entertainer and podcaster, Joe Rogan, the pair talked about the Covid pandemic, Musk's arranged Neuralink cerebrum interface and Tesla, among others. The Oracle of Omaha came up in their conversation due to Musk's vow to sell the vast majority of his resources, including a significant number of his California chateaus. Regan enquired if Elon felt as if individuals characterised him because he is wealthy and derisively described him. Musk responded that as of late, a billionaire has become unfavourable. It was akin to resembling something terrible, and it was at this point at which he raised Buffett.

He said that it does not make much sense in most cases that one coordinates a company without considering how wealth can emerge from it. What gives you the option to allocate more capital is if you organise individuals in a better way to create products and services that are better than those that existed previously. You must also have some proprietorship in that company. Musk said that when you take Warren Buffett, he does a ton of capital allocation. He reads many yearly reports of organisations, including all the records, and honestly, it is pretty exhausting.

The Opinion Of Musk

Musk's opinion is that we should have fewer individuals doing law and finance like Buffett and more individuals producing stuff. Warren Buffett said he would not put resources into Tesla. Whatis more, the Berkshire Hathaway manager's right-hand man once asserted that Elon Musk 'might overestimate himself.'

In two months, very little has changed. This fight is not new. The duo made headlines in May 2018 when Musk criticised the moat idea saying, 'You will not last long if your solitary guard against attacking militaries is a moat'. Buffett countered by saying, 'There are good moats around. Elon may flip things around in certain spaces, and I would think he'd prefer not to take us on in candy.'

Musk instantly shot back in a tweet that he planned to begin a candy business and encompass it with a moat loaded up with candy. As advocated by Warren Buffett, an economic moat refers to a business' capacity to keep up with upper hands over its rivals to secure its long-term benefits and market share from contending firms. Yet, are there enough cutthroat juices streaming for Musk to send this exemplary clasp to Buffett after he momentarily passed him on the Bloomberg Billionaires Index recently?

Corporate Approaches

The discussion of corporate pioneers includes something other than words; it fixates on a strategic approach. Eventually, specialists say, the two of them might be correct. For some people, that could mean moving into new regions and creating the agility to fulfil new market needs. For other people, that could mean developing around their centre and being pretty much as useful as could be expected. The two approaches have their virtues in the sense that both can be effective. Specialists say the two approaches are expected to maintain the readiness and productiveness that the market demands.

Leaders need to get others to assemble their moats, innovation, or both. James Graves, who is a senior client partner with Korn Ferry and specialises in leadership development says that innovative organisations have two key ingredients.

  • They draw in and retain highly inventive individuals, and they guarantee their leaders know how to deal with these innovative individuals viably.
  • He goes on to say, 'At the point when these two ingredients marry admirably, then, at that point innovation gets into the organisation's DNA, its core cycles, its way of life, and passes on from one generation of leaders onto the next.'

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    Broker IC Markets Roboforex eToro XTB XM Pepperstone AvaTrade FP Markets EasyMarkets SpreadEx FXPro
    Rating
    Regulation Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB) Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) Financial Conduct Authority (FCA) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB)
    Min Deposit 200 10 100 No minimum deposit 5 200 100 100 100 1 100
    Funding
    • Bank transfer
    • Credit Card
    • Paypal
    • Bank transfer
    • Credit Card
    • Paypal
    • Bank transfer
    • Credit Card
    • Paypal
    • Bank transfer
    • Credit Card
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    • Credit Card
    • Paypal
    • Bank transfer
    • Credit Card
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    Used By 180,000+ 1,000,000+ 30,000,000+ 1,000,000+ 10,000,000+ 400,000+ 300,000+ 10,000+ 142,500+ 10,000+ 1,866,000+
    Benefits
    • Allows scalping
    • Allows hedging
    • Low min deposit
    • Offers Negative Balance Protection
    • Allows scalping
    • Allows hedging
    • Offers STP
    • Low min deposit
    • Offers Negative Balance Protection
    • Offers STP
    • Low min deposit
    • Offers Negative Balance Protection
    • Allows scalping
    • Allows hedging
    • Offers STP
    • Low min deposit
    • Offers Negative Balance Protection
    • Allows scalping
    • Allows hedging
    • Low min deposit
    • Offers Negative Balance Protection
    • Allows scalping
    • Allows hedging
    • Offers STP
    • Low min deposit
    • Offers Negative Balance Protection
    • Allows scalping
    • Allows hedging
    • Low min deposit
    • Offers Negative Balance Protection
    • Allows scalping
    • Allows hedging
    • Low min deposit
    • Offers Negative Balance Protection
    • Allows scalping
    • Allows hedging
    • Low min deposit
    • Guaranteed stop loss
    • Offers Negative Balance Protection
    • Allows scalping
    • Allows hedging
    • Low min deposit
    • Guaranteed stop loss
    • Offers Negative Balance Protection
    • Allows scalping
    • Allows hedging
    • Low min deposit
    • Offers Negative Balance Protection
    Accounts
    • Demo account
    • Mini account
    • Standard account
    • Zero spread account
    • Raw Spread account
    • Islamic account
    • Demo account
    • Micro account
    • Mini account
    • Standard account
    • Zero spread account
    • ECN account
    • Islamic account
    • Demo account
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    • Islamic account
    • Pro account
    • Demo account
    • Micro account
    • Mini account
    • Standard account
    • Islamic account
    • Demo account
    • Micro account
    • Standard account
    • Islamic account
    • Demo account
    • Standard account
    • Zero spread account
    • ECN account
    • Islamic account
    • Demo account
    • Micro account
    • Mini account
    • Standard account
    • Managed account
    • Islamic account
    • Demo account
    • Micro account
    • Standard account
    • Demo account
    • Standard account
    • Islamic account
    • Demo account
    • Standard account
    • Demo account
    • Mini account
    • Islamic account
    Platforms MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android MT4, MT5, Mac, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, Tablet & Mobile apps MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 MT4, MT5, cTrader, IRESS, Mac, Web Trader, Tablet & Mobile apps MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, MT5, cTrader, Tablet & Mobile apps
    Support
    • Live chat
    • Phone support
    • Email support
    • Live chat
    • Phone support
    • Email support
    • Live chat
    • Phone support
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    • Live chat
    • Phone support
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    • Live chat
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    • Live chat
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    • Live chat
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    • Email support
    • Live chat
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    • Live chat
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    fxpro
    Risk Warning Losses can exceed deposits Losses can exceed deposits 76% of retail investor accounts lose money when trading CFDs with this provider. 76-85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 75-95 % of retail investor accounts lose money when trading CFDs 71% of retail investor accounts lose money when trading CFDs with this provider Losses can exceed deposits Your capital is at risk Losses can exceed deposits 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider
    Demo IC Markets
    Demo
    Roboforex
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    eToro
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    XTB
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    Pepperstone
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    FP Markets
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    easyMarkets
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    SpreadEx
    Demo
    FxPro
    Demo
    Excluded Countries US, IR, CA, NZ, JP AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, US, IN, PK, BD, NG , ID, BE, AU US, CA, IL, IR AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET BE, BR, KP, NZ, TR, US, CA, SG US, JP, NZ US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE US, TR US, CA, IR


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    We have listed top Investment Platforms below.

    Warren Buffett Vs Elon Musk List

    IC Markets
    (4/5)
    Min deposit : 200
    IC Markets was established in 2007 and is used by over 180000+ traders. Losses can exceed deposits IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. Cryptocurrency availability with IC Markets is subject to regulation.

    Funding methods

    Bank transfer Credit Card Paypal

    Platforms

    MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android

    Customer support

    Live chat Phone support Email support

    Account Types

    Micro account Standard account ECN account
    Islamic account VIP account
    Regulated by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
    Roboforex
    (4/5)
    Min deposit : 10
    Roboforex was established in 2009 and is used by over 1000000+ traders. Losses can exceed deposits Roboforex offers Forex, CFDs.

    Funding methods

    Bank transfer Credit Card Paypal

    Platforms

    MT4, MT5, Mac, Web Trader, Tablet & Mobile apps

    Customer support

    Live chat Phone support Email support

    Account Types

    Micro account Standard account ECN account
    Islamic account VIP account
    Regulated by RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund
    eToro
    (4/5)
    Min deposit : 100
    Visit eToro Try a Demo Read review

    eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

    Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

    Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

    Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.

    Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

    Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

    eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

    eToro was established in 2007 and is used by over 30000000+ traders. 76% of retail investor accounts lose money when trading CFDs with this provider. eToro offers Social Trading, Stocks, Commodities, Indices, Forex (Currencies), CFDs, Cryptocurrency, Exchange Traded Funds (ETF), Index Based Funds. Cryptocurrency availability with eToro is subject to regulation. Buying and selling real cryptocurrency assets may not be available in your country through eToro. Please check the latest information made available on their website.

    Funding methods

    Bank transfer Credit Card Paypal

    Platforms

    Web Trader, Tablet & Mobile apps

    Customer support

    Live chat Phone support Email support

    Account Types

    Micro account Standard account ECN account
    Islamic account VIP account
    Regulated by FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076
    XTB
    (4/5)
    Min deposit : 0
    XTB was established in 2002 and is used by over 1000000+ traders. 76-85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. XTB offers Forex, CFDs, Cryptocurrency. Cryptocurrency availability with XTB is subject to regulation.

    Funding methods

    Bank transfer Credit Card Paypal

    Platforms

    MT4, Mirror Trader, Web Trader, Tablet & Mobile apps

    Customer support

    Live chat Phone support Email support

    Account Types

    Micro account Standard account ECN account
    Islamic account VIP account
    Regulated by FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19)
    XM
    (4/5)
    Min deposit : 5
    XM was established in 2009 and is used by over 10000000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. XM offers Forex Trading, Stocks CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs, Energies CFDs.

    Funding methods

    Bank transfer Credit Card Paypal

    Platforms

    MT4, MT5, Mac, Web Trader, Tablet & Mobile apps

    Customer support

    Live chat Phone support Email support

    Account Types

    Micro account Standard account ECN account
    Islamic account XM Swap-Free account (XM Ultra Low Account) VIP account
    Regulated by Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)
    Pepperstone
    (4/5)
    Min deposit : 200
    Pepperstone was established in 2010 and is used by over 400000+ traders. 75-95 % of retail investor accounts lose money when trading CFDs Pepperstone offers Forex, CFDs, Social Trading.

    Funding methods

    Bank transfer Credit Card Paypal

    Platforms

    MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps

    Customer support

    Live chat Phone support Email support

    Account Types

    Micro account Standard account ECN account
    Islamic account Pro Account VIP account
    Regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217
    AvaTrade
    (4/5)
    Min deposit : 100
    AvaTrade was established in 2006 and is used by over 300000+ traders. 71% of retail investor accounts lose money when trading CFDs with this provider AvaTrade offers Forex, Cryptocurrencies, Commodities, Indices, Stocks, Bonds, Vanilla Options, ETFs, CFDs, Spread Betting, Social Trading . Cryptocurrency availability with AvaTrade is subject to regulation.

    Funding methods

    Bank transfer Credit Card Paypal

    Platforms

    Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5

    Customer support

    Live chat Phone support Email support

    Account Types

    Micro account Standard account ECN account
    Islamic account VIP account
    Regulated by Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland
    FP Markets
    (4/5)
    Min deposit : 100
    FP Markets was established in 2005 and is used by over 10000+ traders. Losses can exceed deposits FP Markets offers Forex, CFDs.

    Funding methods

    Bank transfer Credit Card Paypal

    Platforms

    MT4, MT5, cTrader, IRESS, Mac, Web Trader, Tablet & Mobile apps

    Customer support

    Live chat Phone support Email support

    Account Types

    Micro account Standard account ECN account
    Islamic account VIP account
    Regulated by Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB)
    EasyMarkets
    (4/5)
    Min deposit : 100
    easyMarkets was established in 2001 and is used by over 142500+ traders. Your capital is at risk easyMarkets offers CFD, Forex, Commodities, Indices, Shares, Crypto. Cryptocurrency availability with easyMarkets is subject to regulation.

    Funding methods

    Bank transfer Credit Card Paypal

    Platforms

    MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps

    Customer support

    Live chat Phone support Email support

    Account Types

    Micro account Standard account ECN account
    Islamic account VIP account
    Regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI)
    SpreadEx
    (4/5)
    Min deposit : 1
    SpreadEx was established in 1999 and is used by over 10000+ traders. Losses can exceed deposits SpreadEx offers Forex, CFDs, and spread betting.

    Funding methods

    Bank transfer Credit Card Paypal

    Platforms

    Web Trader, Tablet & Mobile apps

    Customer support

    Live chat Phone support Email support

    Account Types

    Micro account Standard account ECN account
    Islamic account VIP account
    Regulated by Financial Conduct Authority (FCA)
    FXPro
    (4/5)
    Min deposit : 100
    FxPro was established in 2006 and is used by over 1866000+ traders. 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider FxPro offers Forex trading, Share Dealing, Spot Indices, Futures, Spot Metals and Spot Energies.

    Funding methods

    Bank transfer Credit Card Paypal

    Platforms

    MT4, MT5, cTrader, Tablet & Mobile apps

    Customer support

    Live chat Phone support Email support

    Account Types

    Micro account Standard account ECN account
    Islamic account VIP account
    Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB)

    Learn more Learn more about IC Markets.
    Losses can exceed deposits
    TRADE NOW Try IC Markets today
    Losses can exceed deposits