Fyntura and ThorFX are two popular offshore forex and CFD brokers that offer online trading services to traders and investors worldwide. Both brokers accept U.S. clients and provide trading facilities with no FIFO rule, high leverage, low fees, and tight spreads without restrictions. Although these brokers offer similar services, each has its strengths and weaknesses.
In this article, we will compare and review Fyntura and ThorFX by exploring their trading conditions, instruments, minimum deposits, fees, features, and customer support. This comparison and research will help you determine which broker is better suited to your trading style and preferences.
Fyntura vs ThorFX: In a Nutshell
Fyntura
Founded in 2023, Fyntura is an online forex and CFD broker. It is an unregulated forex broker that offers 100 instruments ranging from all the major Cryptos, Forex, Commodities, and Global Indices to traders worldwide. The broker allows all trading styles including scalping, hedging, news trading, etc. The maximum leverage of Fyntura is as high as 1:500.
Fyntura at a Glance
- Founded Year: 2020
- Location: Seychelles
- Minimum Deposit: $10
- Maximum Leverage: 1:500
- Regulations: None (Unregulated Offshore Broker)
- Trading platform: MT4
- Account Types: Zero, Pro, Prime
- Trading Style: Scalping, Hedging, Swing Trading, Day Trading, Automated Trading
- Payment Options: Crypto deposits and withdrawals
- US Traders: Accepted
ThorFX
Founded in April 2021, ThorFX is an online forex and CFD broker. It is an offshore forex broker that offers Forex, Commodities, cryptocurrencies, Stocks and shares, indices, metals, etc trading services to traders worldwide. The broker allows all trading styles including scalping, hedging, news trading, etc. The maximum leverage of ThorFX is as high as 1:500.
ThorFX at a Glance
- Founded Year: 2021
- Founder: Kathy Lien
- Headquarters: Marshall Islands
- Minimum Deposit: $10
- Maximum Leverage: 1:500 (Leverage may vary based on assets)
- Regulations: None (Unregulated Offshore Broker)
- Trading platform: TradeLocker
- Account Types: Standard, Pro, Var, Mini
- Trading Style: Scalping, Hedging, Swing Trading, Day Trading, Automated Trading
- Payment Options: Perfect Money, Cryptocurrencies, Altcoins
- US Traders: Accepted
Fyntura vs ThorFX: Side By Side Comparison
Fyntura vs ThorFX: Pros and Cons
Fyntura Pros & Cons
- Low Minimum Deposit – Starting from as low as $10
- Offers 100+ Trading Instruments including forex, indices, metals, and Cryptos
- Maximum leverage is as high as 1:500
- Offers Meta Trader 4 (MT4) Trading Platforms
- Allow Crypto CFD Trading
- Demo Accounts are Available
- Higher Leverage for US, and EU clients.
- Allow Scalping, EA Trading, and News Trading
- Fyntura Accepts Crypto Deposits
Cons:
- Unregulated offshore forex broker
- Only Crypto Deposit and Withdrawals are available
- Only MT4 is available. No other trading platforms are offered.
ThorFX Pros & Cons
- No Minimum Deposit – You may deposit as low as $10
- Allow Crypto CFD Trading
- Offers leverage as high as 1:500
- Very tight spreads starting from 0.8pips
- Demo Accounts are Available
- Higher Leverage for US, and EU clients.
- Allow Scalping, EA Trading, and News Trading
- ThorFX Accepts Crypto Deposits
Cons:
- Unregulated Offshore Forex Broker
- Only Crypto Deposit and Withdrawal Option
- No Managed Account Options
- No MT4/MT5 offer ( Only TradeLocker trading platform is offered)
