Fortrade vs FXCM

Fortrade vs FXCM Comparison Table 2023
Fortrade FXCM
3.8
3.5
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

Fortrade is a multi-asset broker offering a simple live account with advanced trading tools and daily analysis features.

FXCM are an FCA regulated, London based broker. Companies under the FXCM umbrella are also regulated in Australia and South Africa.

Pros
  • Demo account
  • MetaTrader 4
  • Strong regulatory oversight
Cons
  • Slow deposit process
  • Withdrawal fees
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, DMAs, ETFs, bonds Spreadbetting, CFD, Forex, Crypto
Demo Account
Yes Yes
Minimum Deposit
$100 £300
Payment Methods
Minimum Trade
0.01 Lots Varies by asset
Regulator
FCA, ASIC, CySEC, NBRB, FSC, IIROC FCA, CySEC, ASIC.
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No Yes
Autochartist
No No
eSignal
No Yes
Trading Central
Yes No
STP Account
No No
ECN Account
Yes No
DMA Account
Yes No
MAM Account
Yes Yes
PAMM Account
Yes No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
No Yes
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS & Android iOS and Android
Auto Trading
Yes (EAs)
Copy Trading
No Yes
Copy Trading Platform
FXCM offers social and copy trading on forex, CFDs and cryptos through the hugely popular ZuluTrade platform.
Social Trading
No Yes
Trade Signals
Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$10
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • ZAR
  • CHF
Stock Exchanges
Commodities
CFD Trading
Trade multiple financial assets with flexible leverage
Leverage
1:30 (varies by entity) 1:30
FTSE Spread
2 1.18 pts var*
GBPUSD Spread<
2 0.5 pips*
Oil Spread
0.04 0.05 (var)*
Stocks Spread
Variable 0.2% Var*
Forex Trading
Trade 50+ major and minor forex pairs
Forex App

The Fortrader mobile app can be used to trade 50+ currency pairs. Clients can also access daily market insights and manage deposits and withdrawals via the application. The forex trading app is available from the Apple App Store and Google Play.

GBPUSD Spread
2 0.5 pips var*
EURUSD Spread
2 0.2 pips var*
EURGBP Spread
3 0.5 pips var*
Assets
50+ 40
Cryptocurrency
Trade four leading crypto coins against the US Dollar
Spread
Variable
Coins
  • BTC
  • DSH
  • LTC
  • ETH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
Fortrade
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