FXCM vs FXTM

FXCM vs FXTM Comparison Table 2023
FXCM Review 2023	FXTM Review 2023
Review 3.5	Review 4
Traders from US not accepted See available CFD brokers	Traders from US not accepted See available CFD brokers
FXCM is a respected forex and CFD broker, established since 1999. The British-headquartered broker has won multiple awards and operates in various jurisdictions, including the UK and Australia. With zero commissions, over 400 assets, and a range of analysis tools, FXCM is a popular choice. The broker is also FCA regulated and authorized in Australia and South Africa.	FXTM is a top-rated forex and CFD broker. The company is secure and regulated by leading authorities, including the FCA and CySEC. Offering 1000+ markets and three account types, they cater to all levels of trader.
Bonus Offer
	30% up to $100 via Exinity Ltd
Comment by Reviewer
"FXCM is a top pick for traders deploying automated trading strategies, with four powerful platforms, strategy backtesting and algo trading through APIs. The broker is also great for active traders, with discounted spreads and low to zero commissions on popular assets."	"FXTM is a good pick for forex traders seeking low fees, excellent market research and access to the familiar MetaTrader 4 platform."
Pros
A choice for 4 powerful platforms including MT4, Capitalise.AI and the broker's proprietary solution Premium support and custom solutions in the Active Trader professional account Excellent trading tools including a market scanner, forex signals and access to reputable research site, eFXplus Strong selection of educational materials including a new trader guide, market outlook reports and free webinars Impressive global regulatory status with 4 reputable licenses with the FCA, ASIC, CySEC and FSCA A range of funding methods including bank cards, Apple Pay and PayPal, with instant processing times	Free educational materials and market insights Customer support in 30+ languages Negative balance protection Regulated by FCA & CySEC Multiple industry awards 1000+ financial assets Transparent pricing Beginner-friendly Copy trading Forex VPS
Cons
Live chat support is unreliable Not the widest range of assets or trading vehicles	No ETFs or bonds Selection of stocks is not extensive Mediocre spreads on commission-free accounts Limited e-wallet payment options Withdrawal fees
Awards
	Best Trading Experience 2021 - World Finance Awards Best Online Leveraged Trading Services 2021 - Global Business Awards Best Forex Education Partner Nigeria 2021 - World Business Outlook Best Trading Experience 2020 - World Finance Awards Best ECN Broker 2020 - DayTrading.com
Instruments
Stocks, Spreadbetting, CFD, Forex, Crypto	Forex, CFDs, Indices, Commodities, Stocks
Demo Account
Yes	Yes
Minimum Deposit
$50	$10
Trading Platforms
MT4 TradingView eSignal	Web Platform Mobile Platform MT4 MT5 AutoChartist
Payment Methods
Apple Pay Credit Card Debit Card Google Wallet Klarna PayPal POLi Wire Transfer	Credit Card GlobePay Google Wallet Maestro Neteller PayRedeem Perfect Money Skrill Visa WebMoney Western Union
Minimum Trade
Variable	0.01 Lots
Regulator
FCA, CySEC, ASIC.	CySEC (Cyprus), FCA (UK), FSCA (South Africa), FSC (Mauritius)
Margin Trading
Yes	Yes
STP Account
No	Yes
ECN Account
No	Yes
DMA Account
No	No
MAM Account
Yes	Yes
PAMM Account
No	Yes
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	Yes
Market Maker
Yes	Yes
P2P Trading
No	No
Spot Trading
No	Yes
Mobile Apps
iOS and Android	iOS, Android & Windows
Auto Trading
	FXTM Invest plus Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes	Yes
Copy Trading Platform
FXCM offers social and copy trading on forex, CFDs and cryptos through the hugely popular ZuluTrade platform. The sign-up process is quick and you can track your performance in real-time.	FXTM Invest is a popular copy trading app connecting clients to established investors with successful portfolios. Learn from traders with proven strategies in forex, stocks and more.
Social Trading
Yes	Yes
Trade Signals
	Yes
VPS Hosting
No	Yes
Tournaments
No	No
Demo Competitions
Yes	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
	USD/EUR/GBP 5 per month
Islamic Account
No	Yes
Account Currencies
USD EUR GBP CAD AUD ZAR CHF	USD EUR GBP
Stock Exchanges
Euronext IBEX 35 Russell 2000	Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index Hang Seng IBEX 35 Japan Exchange Group Nasdaq National Stock Exchange Of India S&P 500
Commodities
Cannabis Gold Oil Silver	Gold Natural Gas Oil Precious Metals Silver
CFD Trading
Trade a range of CFD instruments on one of FXCM's multi-asset platforms with fast execution and zero/positive slippage. Daily market analysis can also be used to inform trading decisions.	FXTM's CFD list includes forex, stocks, commodities and indices. The global entity also offers crypto CFDs. Leverage depends on jurisdiction, with rates up to 1:30 from its CySEC-regulated branch and a massive 1:2000 from its global entities.
Leverage
1:30	1:30 (EU), 1:2000 (Global)
FTSE Spread
1.18 pts var*	1.3 pts
GBPUSD Spread
0.5 pips*	0.3 (var)
Oil Spread
0.05 (var)*	9 pts (var)
Stocks Spread
0.2% Var*	0.1% Var
Forex Trading
Access over 40 currency pairs with no commissions and low spreads from 0.78 pips for EUR/USD. Forex can also be traded 24/5 on a choice of reliable platforms.	FXTM offers 60+ forex pairs plus 6 indices which track a basket of popular currencies. The brand's ECN accounts offers impressive spreads from 0 with low commissions from $0.40 to $2 per lot and commission-free spreads start from 1.5 pips.
Forex App
	FXTM deliver a great mobile trading experience. Fast, secure and easy-to-use, the app supports both MetaTrader 4 and 5 and delivers real time quotes, all trading execution types and full account maintenance. The charting facilities are also among the best of any mobile app. Download it today.
GBPUSD Spread
0.5 pips var*	0.3 (var)
EURUSD Spread
0.2 pips var*	0.1 (var)
EURGBP Spread
0.5 pips var*	0.2 (var)
Assets
40	50+
Currency Indices
JPY	USD EUR GBP JPY AUD NZD
Cryptocurrency
Trade some of world's most popular digital coins with zero commission and leverage up to 1:4. FXCM also stands out for its crypto major basket which offers exposure to Bitcoin, Ethereum, Litecoin and Bitcoin Cash in one trade.	Crypto trading not offered
Spread
Variable	Variable
Coins
BTC ETH LTC BTC	BTC ETH LTC XRP
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
More Comparisons
FXCM vs	FXTM vs