FXCM vs MTrading
| FXCM | MTrading |
|---|---|
 |
 |
| FXCM are an FCA regulated, London based broker. Companies under the FXCM umbrella are also regulated in Australia and South Africa. | MTrading offers 100+ assets for investing across desktop & mobile trading platforms. |
 Traders from US not accepted |
Traders from US not accepted |
| Awards | |
| Change Africa Summit Award 2019
FiNEXPO Best Broker 2019 & 2018 Best Forex Rebate Provider 2016 |
|
| Bonus | |
| None | 200% deposit bonus with MPremium |
| Instruments | |
| CFD, Forex, Crypto | Forex, CFDs, indices, commodities |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| £300 | $100 |
| Payment Methods | |
| Credit Card, POLi | Credit Card, Mastercard, Neteller, Perfect Money, Skrill, Visa, Wire Transfer |
| Minimum Trade | |
| Varies by asset | 0.01 lots |
| Regulator | |
| FCA, CySEC, ASIC. | Unregulated |
| Margin Trading | |
| Yes | No |
| Margin Rate | |
| MetaTrader 4 | |
| Yes | Yes |
| MetaTrader 5 | |
| No | No |
| cTrader | |
| No | No |
| STP Account | |
| No | No |
| ECN Account | |
| No | No |
| DMA Account | |
| No | No |
| Mobile Apps | |
| iOS and Android | Yes |
| Auto Trading | |
| No | Yes (APIs) |
| Trade Signals | |
| No | Yes |
| Social Trading | |
| Yes | Yes |
| Copy Trading | |
| Yes | Yes |
| Islamic Account | |
| No | No |
| Account Currencies | |
| USD, EUR, GBP, CAD, AUD, ZAR, CHF | - |
| CFD | |
| Start investing in forex, stocks and commodities with competitive spreads. | |
| Leverage | |
| 1:30 | 1:25 |
| FTSE Spread | |
| 1.18 pts var* | 0.8 |
| GBPUSD Spread | |
| 0.5 pips* | 1.7 |
| Oil Spread | |
| 0.05 (var)* | 9.0 |
| Stocks Spread | |
| 0.2% Var* | Variable |
| Forex | |
| Trade dozens of online currencies with a range of MT4 trading tools. | |
| GBPUSD Spread | |
| 0.5 pips var* | 1.7 |
| EURUSD Spread | |
| 0.2 pips var* | 1.2 |
| EURGBP Spread | |
| 0.5 pips var* | 1.7 |
| Assets | |
| 40 | 60+ |
| Cryptocurrency | |
| Crypto trading not offered | |
| Spread | |
| Coins | |
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