synergy fx Alternatives: Pros & Cons for 2024
This alternatives to synergy fx guide has been updated for 2024 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about the alternatives to synergy fx to make sure you have as much information as possible to make an informed decision.
There are a lot of good alternatives to synergy fx like Startrader, freetrade, and easyMarkets. They all provide the same, if not more, features to their users. If you feel that synergy fx is not quite right for you then it would be worth getting a demo account with a few of the top synergy fx alternatives and ensuring that they are a better fit for you before moving any money around.
The most in depth guide to synergy fx alternatives on the internet
There's a lot of reasons synergy fx may not be a good fit for your trading needs. For whatever reason you are looking for a new synergy fx alternative or synergy fx competitor with better services, comparebrokers.org will always try to give you as much useful information so you can make an informed choice. Below you can find the best synergy fx alternatives.
For each of the below alternative to synergy fx, we also highlight the key differences to synergy fx and for each section show you the best alternatives. For each synergy fx alternative online broker shown we also have detailed broker reviews and guides that you can easily click to read elsewhere on comparebrokers.org, all based on hundreds of datapoints collected and reviewed by experts. If you are not happy with synergy fx, we can show you some great alternative brokersbrokers|online trading platforms|brokerages.
Trading with a reputable and dependable broker is crucial to having a successful trading career. All of the synergy fx alternative platforms we list in this synergy fx alternatives guide have good reputations and match what you are looking for.
Alternatives With Lower Minimum Deposit
synergy fx has a minimum desposit of $250, you should check how the minimum deposit requirements of synergy fx compare with the minimum deposits of synergy fx competitors. Brokers often offer lower minimum deposits to get traders to join with them, but having higher a minimum deposit isn’t necessarily a bad thing, it all depends on your personal trading needs.
| Broker | Minimum Deposit | Find Out More |
|---|---|---|
|
synergy fx |
$250 | |
| freetrade |
$0 | |
| easyMarkets |
$100 | |
| Uphold |
$1 | |
| instaforex |
$250 |
Alternatives Offering Virtual Portfolio Accounts
synergy fx offers virtual portfolio accounts so you can test your trading strategies before risking any real capital. New traders can open a demo account in order to become better acquainted with the aspects of Forex trading and test out some of the company’s features before getting a live account.
Below we show some of the best alternatives to synergy fx that has virtual portfolio accounts.
| Broker | Offers Demo Account? | Find Out More |
|---|---|---|
|
synergy fx |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
Yes |
|
Alternatives Offering Negative Balance Protection
synergy fx offers negative balance protection. It is especially offered while the industry volatility prevents customers from allowing their accounts go in the red. In a situation like this, synergy fx provides the ability to reset a customers account balance to zero.
You can go through the critical terms and conditions on synergy fx's website to comprehend their policies.
Below we list some of the best alternatives to synergy fx that have negative balance protection.
| Broker | Offers Negative Balance Protection? | Find Out More |
|---|---|---|
|
synergy fx |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| Uphold |
Yes |
Alternatives Offering Guaranteed Stop Loss
synergy fx unfortunately, doesn't provide guaranteed stop loss. synergy fx provides a chance for its dealers to close their trade at their specified price. Apart from this, synergy fx does not offer guaranteed stop loss.
Below we list some of the top synergy fx alternatives that has guaranteed stop loss available for their customers.
| Broker | Offers Guaranteed Stop Loss? | Find Out More |
|---|---|---|
|
synergy fx |
No | |
| easyMarkets |
Yes | |
| Uphold |
Yes | |
| instaforex |
Yes | |
| FreshForex |
Yes |
Alternatives Offering Scalping
synergy fx do permit scalping. Many traders throughout the world select synergy fx due to their scalping services. They offer trading on MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps which allow this.
Below we list some of the best alternatives to synergy fx that allow scalping functionality to their users.
| Broker | Offers Scalping? | Find Out More |
|---|---|---|
|
synergy fx |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Hedging
synergy fx do permit hedging. Many traders throughout the world choose synergy fx due to their hedging services. They offer trading on MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps.
Below we show some of the best alternatives to synergy fx that allow hedging services to their customer base.
| Broker | Offers Hedging? | Find Out More |
|---|---|---|
|
synergy fx |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Social Trading
synergy fx's social trading platform allows traders to share their expertise with others to build a community of investors and traders. Which stocks they are following, what stocks to buy, and what stocks to sell. This allows intermediate traders to absorb the expert knowledge and make their own trades based off it. It is a more independent version of copy trading.
Below we list some of the best synergy fx alternatives that has social trading capabilities.
| Broker | Offers Social Trading? | Find Out More |
|---|---|---|
|
synergy fx |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Copy Trading
To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, synergy fx offers copy trading which gives access to leading traders sharing their knowledge with the community. Which stocks they are following, what stocks to buy, and what stocks to sell. This allows intermediate traders to absorb the expert knowledge and make their own trades based off it. This is calculated social trading..
Below we detail some of the best synergy fx alternatives that offer copy trading to their clients
| Broker | Offers Copy Trading? | Find Out More |
|---|---|---|
|
synergy fx |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Compare synergy fx To All Other Brokers