FXCM vs NinjaTrader

FXCM vs NinjaTrader Comparison Table 2023
FXCM Review 2023	NinjaTrader Review 2023
Review 3.5	Review 4.5 NinjaTrader is #3 in our broker rankings.
Traders from US not accepted See available CFD brokers	Traders from US accepted
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
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	Excellent trading software for active users with bespoke widgets and indicators Low fees with $50 day trading margins & commissions from $.09 per micro contract Thousands of add-ons and applications from developers in 150+ countries Widely respected and heavily authorized by the NFA and CFTC Free platform access and trade simulation capabilities Industry-leading futures broker with multiple awards Easy account opening that takes a few minutes
Cons
Live chat support is unreliable Not the widest range of assets or trading vehicles	Withdrawal fee on some funding methods Premium platform tools come with an extra charge Non forex and futures trading requires signing up with partner brokers
Awards
	2021 Benzinga Global Fintech Awards
Instruments
Stocks, Spreadbetting, CFD, Forex, Crypto	Forex, Stocks, Options, Commodities, Futures, Crypto
Demo Account
Yes	Yes
Minimum Deposit
$50	$50
Trading Platforms
MT4 TradingView eSignal	eSignal
Payment Methods
Apple Pay Credit Card Debit Card Google Wallet Klarna PayPal POLi Wire Transfer	ACH Transfer Debit Card Wire Transfer
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
USD EUR GBP CAD AUD ZAR CHF	USD
Stock Exchanges
Euronext IBEX 35 Russell 2000	Chicago Mercantile Exchange New York Stock Exchange
Commodities
Cannabis Gold Oil Silver	Oil
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
JPY
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
BTC ETH LTC BTC	BTC
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
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