Charles Schwab vs FXCM

Charles Schwab vs FXCM Comparison Table 2022
Charles Schwab FXCM
United States Flag Traders from US accepted
United States Flag Traders from US not accepted
Charles Schwab is a large US investment broker offering a massive range of stocks, ETFs and equity derivatives in a variety of savings and investment accounts FXCM are an FCA regulated, London based broker. Companies under the FXCM umbrella are also regulated in Australia and South Africa.
Bonus
None None
Instruments
Stocks, Futures, Options, Crypto, ETFs Spreadbetting, CFD, Forex, Crypto
Demo Account
Yes Yes
Minimum Deposit
$1 £300
Payment Methods
ACH Transfer, Wire Transfer Credit Card, Debit Card, POLi
Minimum Trade
1 Varies by asset
Regulator
SEC, FINRA, FCA1 FCA, CySEC, ASIC.
Margin Trading
No Yes
MetaTrader 4
No Yes
MetaTrader 5
No No
cTrader
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No Yes
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
Yes No
Robo Advisor
Yes No
Negative Balance Protection
No Yes
Market Maker
No Yes
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS & Android iOS and Android
Auto Trading
Yes -
Trade Signals
- -
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
Yes No
Social Trading
No Yes
Copy Trading
No Yes
Islamic Account
No No
Account Currencies
USD USD, EUR, GBP, CAD, AUD, ZAR, CHF
CFD
CFD trading not offered
Leverage
1:30
FTSE Spread
1.18 pts var*
GBPUSD Spread
0.5 pips*
Oil Spread
0.05 (var)*
Stocks Spread
0.2% Var*
Forex
Forex trading not offered
GBPUSD Spread
0.5 pips var*
EURUSD Spread
0.2 pips var*
EURGBP Spread
0.5 pips var*
Assets
40
Cryptocurrency
Charles Schwab supports indirect crypto trading through digital coin trusts and crypto-related stocks.
Spread
Floating
Coins
GBTC, BITW
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
- -
Auto Market Maker
No No
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