FXCC vs Coinmama

FXCC vs Coinmama Comparison Table 2023
FXCC	Coinmama
Review 4.5	Review 2.9 Coinmama is #7 in our crypto broker rankings.
Traders from US not accepted See available CFD brokers	Traders from US accepted
FXCC is a trustworthy broker regulated by the CySEC. The brokerage offers ECN trading accounts, spreads from zero pips and no commissions. The brand offers a free forex VPS alongside other additional features including a MAM account and short-term technical analysis.	Coinmama is a popular cryptocurrency exchange that aims to provide streamlined and user-friendly cryptocurrency trading options to the retail market. Traders can buy a range of tokens via a fiat on-ramp, store their tokens in a third-party wallet and earn loyalty bonuses for trading with Coinmama. Millions of clients from over 180 countries have signed up to the firm.
Bonus Offer
100% First Deposit Bonus Up To $2000
Comment by Reviewer
"FXCC is a good option for day traders looking for wide market access with high leverage up to 1:500 and access to the reliable MetaTrader 4 charting platform. Beginners can get started in minutes with $0 minimum deposit and low trading fees."	"New crypto investors looking to buy and sell popular tokens like Bitcoin with fiat currency will appreciate Coinmama. We particularly rated the loyalty program as a way to reduce fees."
Pros
The 'Trader's Corner' Blog and other free educational resources will suit newer day traders There are no deposit fees except industry-standard mining charges on cryptos There are no restrictions on short-term strategies including scalping and hedging Competitive ECN spreads are available from 0.0 pips with no commission The broker is trusted and licensed by the CySEC, a top-tier European regulator Automated trading via MT4's Expert Advisors (EAs) are supported There's a 100% first deposit bonus for new clients	Diverse methods to buy crypto with fiat including e-wallets, SEPA, bank transfers and SWIFT Save on fees and commissions with larger deposits Choice of third-party wallets to store your tokens Used by more than 3 million crypto investors Straightforward to use for beginners Loyalty bonuses with fee discounts
Cons
It's a shame that a copy trading solution is not offered for beginners or strategy providers The broker's single platform with no additional forex analysis tools is a drawback compared to many alternatives FXCC's selection of day trading markets is smaller than other brands, with no share CFDs on offer	No iOS mobile app for iPhone and poor quality Android (APK) app No direct crypto trading – clients must first purchase BTC or ETH Poor selection of cryptocurrencies compared to competitors High commissions from 2.93% for the highest tier account User reviews reveal some quality issues Limited wallet compatibility vs MetaMask
Awards
Best STP Broker 2019 - World Finance Magazine Awards Best Trading Account (XL Account) 2019 - World Finance Magazine Awards Best Trading Account (XL Account) Europe 2018 - Global Banking & Finance Awards Best STP Broker Europe 2018 - Global Banking & Finance Awards Best Trading Account (XL Account) 2018 - JFEX Awards Best MT4 Broker 2018 - JFEX Awards Best Islamic Forex Broker (XL Account) 2018 - MENA Forex Show Awards Best STP/ECN Forex Broker 2018 - MENA Forex Show Awards Best Forex Trading Account 2017 - UK Forex Awards
Instruments
CFDs, Forex, Indices, Commodities, Crypto	Cryptos
Demo Account
Yes	No
Minimum Deposit
$0	$30
Trading Platforms
MT4	Own
Payment Methods
Bitcoin Payments Boleto Credit Card Debit Card Ethereum Payments Mastercard Netbanx Asia Neteller Paysafecard Rapid Transfer Skrill Sofort UnionPay Visa Wire Transfer	Apple Pay Credit Card Debit Card Google Wallet Skrill Swift Wire Transfer
Minimum Trade
0.01 Lots	$30 to buy, $100 to sell
Regulator
CySEC	FinCEN, FINTRAC
Margin Trading
Yes	No
STP Account
Yes	No
ECN Account
Yes	No
DMA Account
No	No
MAM Account
Yes	No
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	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
iOS & Android	Android only
Auto Trading
Expert Advisors (EAs) on MetaTrader
Copy Trading
No	No
Social Trading
No	No
Trade Signals
Yes
VPS Hosting
Yes	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$5
Islamic Account
Yes	No
Account Currencies
USD EUR GBP	USD EUR GBP CAD AUD JPY
Stock Exchanges
Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index Hong Kong Stock Exchange Japan Exchange Group Nasdaq New York Stock Exchange SIX Swiss Exchange
Commodities
Gold Oil Palladium Platinum Precious Metals Silver
CFD Trading
Trade currencies, metals, energies, indices and cryptos with flexible leverage. 24/5 customer support is available to assist new clients while the MT4 platform comes with free tutorials and user guides.	CFD trading not offered
Leverage
1:500 (Retail)
FTSE Spread
Variable
GBPUSD Spread
1.0
Oil Spread
Variable
Stocks Spread
N/A
Forex Trading
FXCC offers leading fees compared to alternatives with spreads as low as 0.0 pips and $0 commission. Over 70 currency pairs are also available, providing more opportunities than most competitors.	Forex trading not offered
GBPUSD Spread
1.0
EURUSD Spread
0.2
EURGBP Spread
0.5
Assets
70+
Cryptocurrency
Trade eight of the most popular cryptocurrencies, including Bitcoin, Ethereum and Litecoin. High leverage up to 1:10 is available on BTC and 1:5 on other cryptos.	Buy, hold and sell 16 crypto tokens including major players like BTC and ETH and lesser-known tokens such as LRC. Use a range of fiat currencies to buy the digital assets, including USD. Cryptos are stored in third-party wallets.
Spread
Variable	From 2.93% to 3.90%. Express fees of 0-5.00% also apply.
Coins
BTC BCH ETH LTC XMR ZEC DAS XRP	BTC ETH LTC BCH XRP DOGE UNI LINK XTZ
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
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