FXCM vs ThinkMarkets

FXCM vs ThinkMarkets Comparison Table 2021
FXCM ThinkMarkets
FXCM are an FCA regulated, London based broker. Companies under the FXCM umbrella are also regulated in Australia and South Africa. ThinkMarkets is a multi-regulated forex and CFD broker
75.50% of retail investor accounts lose money when trading CFDs with this provider.
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
Awards
Best CFD Provider 2021 - City of London Wealth Management Awards (COLWMA)
Best Value Broker in Asia at the 2020 - Global Forex Awards
Best Forex Trading Experience 2017 - UK Forex Awards
Best Forex Trading Innovation 2017 - UK Forex Awards
Best Customer Service 2013 - UK Forex Awards
Bonus
None None
Instruments
CFD, Forex, Crypto Forex, CFDs, indices, stocks, commodities, cryptocurrency, spread betting (UK Only)
Demo Account
Yes Yes
Minimum Deposit
£300 $0
Payment Methods
Credit Card, POLi BPAY, Credit Card, Mastercard, Neteller, POLi, Skrill, Visa, Wire Transfer
Minimum Trade
Varies by asset 0.01 lots
Regulator
FCA, CySEC, ASIC. FCA, ASIC, FSCA, FSA Seychelles
Margin Trading
Yes No
Margin Rate
MetaTrader 4
Yes Yes
MetaTrader 5
No Yes
cTrader
No No
STP Account
No Yes
ECN Account
No No
DMA Account
No No
Mobile Apps
iOS and Android Yes
Auto Trading
No Yes - EAs compatible
Trade Signals
No No
Social Trading
Yes Yes
Copy Trading
Yes Yes
Islamic Account
No Yes
Account Currencies
USD, EUR, GBP, CAD, AUD, ZAR, CHF -
CFD
CFDs are available on multiple markets, including FX, indices, shares, commodities & cryptocurrency
Leverage
1:30 [CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.] Up to 1:500
FTSE Spread
1.18 pts var* 0.7
GBPUSD Spread
0.5 pips* 1.2
Oil Spread
0.05 (var)* 3
Stocks Spread
0.2% Var* From 0.4 points
Forex
Trading available on 40 major, minor, and exotic currency pairs
GBPUSD Spread
0.5 pips var* 0.3 (ThinkZero) Variable.
EURUSD Spread
0.2 pips var* 0.0 (ThinkZero) Variable.
EURGBP Spread
0.5 pips var* 0.3 (ThinkZero) Variable.
Assets
40 40
Cryptocurrency
Trading on popular 15+ crypto coins, including Bitcoin, Ethereum & Dash
Spread
BTC 25, ETH 6 (Variable)
Coins
BTC, ETH, XRP, BCH, LTC
75.50% of retail investor accounts lose money when trading CFDs with this provider.