FXCM vs NinjaTrader
FXCM Review 2023 | NinjaTrader Review 2023 |
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3.5
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4.5
NinjaTrader is #3 in our broker rankings. |
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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. |
NinjaTrader is a US-headquartered and regulated brokerage that specializes in futures trading. There are three pricing plans to suit different needs and budgets, as well as ultra-low margins on popular contracts. The brand's award-winning charting software and trading platform also offers a high-degree of customization and superb technical analysis features. |
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." | "We recommend NinjaTrader for high-volume futures traders looking for low fees and premium analysis tools." |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
Stocks, Spreadbetting, CFD, Forex, Crypto | Forex, Stocks, Options, Commodities, Futures, Crypto |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$50 | $50 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
Variable | 0.01 Lots |
Regulator | |
FCA, CySEC, ASIC. | NFA, CFTC |
Margin Trading | |
Yes | Yes |
STP Account | |
No | No |
ECN Account | |
No | No |
DMA Account | |
No | No |
MAM Account | |
Yes | No |
PAMM Account | |
No | 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 | |
Yes | No |
P2P Trading | |
No | No |
Spot Trading | |
No | Yes |
Mobile Apps | |
iOS and Android | iOS & Android |
Auto Trading | |
Yes | |
Copy Trading | |
Yes | No |
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. | |
Social Trading | |
Yes | No |
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 | |
$25 | |
Islamic Account | |
No | No |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
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. | CFD trading not offered |
Leverage | |
1:30 | 1:50 |
FTSE Spread | |
1.18 pts var* | |
GBPUSD Spread | |
0.5 pips* | |
Oil Spread | |
0.05 (var)* | |
Stocks Spread | |
0.2% 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. | NinjaTrader supports the trading of popular currencies including the EUR/USD. The trading software also offers unique features tailored to forex trading, including specific order and market windows. |
GBPUSD Spread | |
0.5 pips var* | 1.6 |
EURUSD Spread | |
0.2 pips var* | 1.3 |
EURGBP Spread | |
0.5 pips var* | 1.6 |
Assets | |
40 | 50+ |
Currency Indices | |
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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. | Trade micro Bitcoin futures with low fees and leading charting tools. Get exposure to Bitcoin through CME Group's centralized exchange with robust risk management tools. |
Spread | |
Variable | Floating |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
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More Comparisons | |
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