FXCC vs Coinmama

FXCC vs Coinmama Comparison Table 2023
FXCC Coinmama
4.5
2.9

Coinmama is #7 in our crypto broker rankings.

United States Flag Traders from US not accepted
United States Flag 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
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
Commodities
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
More Comparisons
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