Written by ForexBrokers.com
In this head to head comparison of Earn vs TopFX, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
When comparing the online brokers Earn and TopFX, established in 1994 and 2010 respectively, it's essential to consider their trust and regulatory standings. Neither broker is publicly traded or operates as a bank. In terms of regulatory licenses, both Earn and TopFX hold one Tier-1 license, which indicates a high level of trust according to ForexBrokers.com. However, neither holds any Tier-2 licenses.
Looking at their Trust Score ratings by ForexBrokers.com, Earn comes in at 71, categorizing it as an average-risk broker. TopFX, on the other hand, holds a Trust Score of 67, placing it in the high-risk category. While both brokers share similar license holdings, this difference in scores highlights the nuanced trust perception in their offerings.
| Feature |
Earn
|
TopFX
|
|---|---|---|
| Year Founded | 1994 | 2010 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 1 |
When comparing Earn and TopFX in terms of commissions and fees, both brokers come out with favorable ratings, each earning four-star evaluations. However, their ranking among industry brokers shows a slight edge for TopFX, which is positioned at 40th out of 62, while Earn follows at 46th. Though average spread data for Earn is not provided, its four-star rating implies competitive pricing and cost-effectiveness for its traders.
TopFX, on the other hand, offers flexibility with two distinct account types available on MetaTrader and cTrader: the spread-only ZERO account and the commission-based RAW account. Traders opting for the RAW account will encounter a commission of 2.75 EUR per side, resulting in an all-in cost that approximates 0.88 pips based on average spreads and commission equivalents for EUR/USD as of July 2024. This setup is considered competitive with the industry standard. Alternatively, the ZERO account is commission-free but features slightly higher average spreads of 1.03 pips on EUR/USD.
| Feature |
Earn
|
TopFX
|
|---|---|---|
| Minimum Deposit | $100 | Depends on payment method |
| Average Spread EUR/USD - Standard | N/A | 1.03 |
| All-in Cost EUR/USD - Active | N/A | 0.88 |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing Earn and TopFX in terms of investment options, both platforms provide access to forex trading through CFDs or spot contracts. Earn offers a total of 500 tradeable symbols, coming slightly under TopFX, which provides 655 symbols. For forex enthusiasts, Earn takes a slight edge, offering 61 tradeable forex pairs compared to TopFX's 60 pairs. However, neither platform provides the ability to buy exchange-traded securities on U.S. or international exchanges. Both brokers facilitate copy trading, enhancing social trading experiences for novice investors or those seeking different strategies.
For cryptocurrency interests, Earn and TopFX do not allow the purchase of actual cryptocurrencies but offer derivatives as investment options. This limited range of alternatives earns both platforms a 3.5-star rating for their range of investments. According to ForexBrokers.com, Earn is ranked #45 out of 62 brokers, slightly ahead of TopFX, which holds the #46 spot. Whether you choose Earn or TopFX depends largely on your specific trading preferences and investment goals, as both brokers provide similar opportunities for forex and cryptocurrency derivatives while lacking in traditional stock offerings.
| Feature |
Earn
|
TopFX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 500 | 655 |
| Forex Pairs (Total) | 61 | 60 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
When comparing the trading platforms and tools offered by Earn and TopFX, both online brokers provide various options to suit different trading preferences. Both Earn and TopFX facilitate simulated or paper trading through free virtual demo accounts, allowing users to practice their strategies without financial risk. Neither offers a proprietary platform, yet both support a range of popular alternatives. You can trade using Windows-based desktop platforms and web-based platforms with either broker, using widely adopted systems like MetaTrader 4, while only Earn extends this to MetaTrader 5. Additionally, both brokers support copy trading, but Earn also goes a step further by offering ZuluTrade, which TopFX does not.
When it comes to trading tools, Earn and TopFX are fairly matched, offering 15 drawing tools for charting, as well as the ability to conduct trades directly from a stock chart. Both brokers provide seven custom columns for personalized watch lists. Despite these similarities, it's worth noting that Earn and TopFX are assessed differently in industry rankings. While both received a commendable 4-star rating for their trading platforms and tools, TopFX holds a slightly higher position, ranked 44th out of 62 brokers by ForexBrokers.com, compared to Earn's 51st position. This makes TopFX a slightly more favored option among industry aficionados, even as both brokers deliver competitive features to their users.
| Feature |
Earn
|
TopFX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | Yes | No |
| Charting - Indicators / Studies (Total) | 35 | 30 |
| Charting - Drawing Tools (Total) | 15 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Earn and TopFX provide mobile apps for iPhone and Android users, making trading accessible on-the-go. Both platforms deliver key features such as stock and forex price alerts and the capability to draw trendlines on charts, ensuring traders can stay informed and analyze market trends effectively. Additionally, each app supports multiple time frames on charts and offers real-time quotes in customizable watchlists, enhancing the mobile trading experience. However, neither Earn nor TopFX allows for watchlist symbol syncing across devices, which might be a consideration for those who frequently switch between platforms.
When it comes to charting tools, Earn slightly edges out TopFX by offering 35 technical studies compared to TopFX's 30. Both apps will automatically save chart drawings, providing convenience and ease for users. In terms of user satisfaction, both Earn and TopFX receive a commendable 4-star rating for their mobile trading apps. Yet, Earn holds a more favorable position, ranking #26 out of 62 brokers on ForexBrokers.com, while TopFX sits at #51, suggesting Earn may have a slight advantage in overall mobile app performance according to industry rankings.
| Feature |
Earn
|
TopFX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 35 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to providing market research tools, Earn and TopFX each have their strengths. Earn stands out with its daily market commentary, offering traders consistent insights and updates. Both brokers supply forex news sourced from prestigious outlets like Bloomberg and Reuters, ensuring traders have access to trustworthy information. Earn also offers a comprehensive economic calendar, which aids traders in keeping track of global events that might influence the markets. However, Earn lacks specialized tools from providers like Autochartist and Trading Central, which are available at TopFX. Additionally, TopFX offers advanced tools like sentiment-based trading features, which can provide valuable insights into market trends and trader behaviors.
In terms of rankings, Earn edges ahead with a research rating of 3.5 stars compared to TopFX’s 3 stars, according to ForexBrokers.com. This is reflected in Earn’s higher standing at #38 out of 62 evaluated brokers in the research category, while TopFX is ranked at #59. While Earn might appeal more to those who prioritize consistent market commentary and a reliable economic calendar, TopFX may be a better choice for traders seeking specific analytical tools and a more diverse array of research options.
| Feature |
Earn
|
TopFX
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | No | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, both Earn and TopFX fall short in offering a variety of learning materials on forex or CFDs. Neither platform provides at least ten educational pieces, such as articles or videos, focused primarily on forex or CFDs. Additionally, both Earn and TopFX do not host regular client webinars or maintain a searchable archive of past sessions, making it challenging for beginners seeking structured educational paths. In terms of beginner or advanced trading videos, neither broker meets the minimum of providing ten videos tailored to specific experience levels.
Furthermore, if you are looking for an easy-to-use investor dictionary to help with understanding trading terminology, neither Earn nor TopFX provides a resource with definitions for at least 50 investing terms. Despite these limitations, Earn is rated higher for education with 3.5 stars compared to TopFX's 3 stars. However, they are closely ranked near the bottom by ForexBrokers.com, with Earn at #61 and TopFX at #60 out of 62 brokers. Overall, both brokers leave much to be desired in supporting beginners through educational offerings.
| Feature |
Earn
|
TopFX
|
|---|---|---|
| Education (Forex or CFDs) | No | No |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | No | No |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | No | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Earn is better than TopFX. Earn finished with an overall rank of #50, while TopFX finished with an overall rank of #61.
Earn was an early pioneer of mobile apps for finance, then became a forex and CFD broker, now offering the MetaTrader platform. With just one regulatory license, Earn has a lower Trust Score than more established forex brokers.
| Feature |
Earn
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TopFX
|
|---|---|---|
| Overall Rating |
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| Trust Score | 71 | 67 |
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Both Earn and TopFX do not offer the ability to buy actual delivered cryptocurrency, but they do provide options for purchasing cryptocurrency derivatives instead.
When comparing online brokers Earn and TopFX, both provide support for Skrill, Visa, Mastercard, and bank wire transactions for depositing or withdrawing account funds; however, Earn lacks the option of PayPal, which is supported by TopFX, and neither broker offers ACH or SEPA transfers.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | Earn | TopFX | |
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| Trust Score | 71 | 67 | |
| Winner | check_circle | ||
| Review | TopFX Review |
| Broker Screenshots | Earn | TopFX | |
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| Regulation | Earn | TopFX | |
|---|---|---|---|
| Trust Score | 71 | 67 | |
| Year Founded | 1994 | 2010 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 1 |
| Tier-1 Licenses (Highly Trusted) | Earn | TopFX | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | No | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | Earn | TopFX | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Earn | TopFX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 500 | 655 | |
| Forex Pairs (Total) | 61 | 60 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | Earn | TopFX | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 1.03 | |
| All-in Cost EUR/USD - Active | N/A | 0.88 | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Earn | TopFX | |
|---|---|---|---|
| Minimum Deposit | $100 | Depends on payment method | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | Earn | TopFX | |
|---|---|---|---|
| Proprietary Platform | No | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | Yes | |
| DupliTrade | No | No | |
| ZuluTrade | Yes | No |
| Trading Tools | Earn | TopFX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 35 | 30 | |
| Charting - Drawing Tools (Total) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Earn | TopFX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 35 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Earn | TopFX | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Earn | TopFX | |
|---|---|---|---|
| Education (Forex or CFDs) | No | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | No | No | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | No | No |
| Major Forex Pairs | Earn | TopFX | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | TopFX Review |
| Overall | Earn | TopFX | |
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| Trust Score | 71 | 67 | |
| Winner | check_circle | ||
| Review | TopFX Review |
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