FXTM vs Forex.com

FXTM vs FOREX.com Comparison Table 2024
FXTM	FOREX.com
Review 4	Review 4.5

FXTM is a top-rated forex and CFD broker established in 2011 and operating across 4 continents. The company is secure and regulated by leading authorities, including the FCA and CySEC. Offering 1000+ day trading markets and three account types, they cater to all levels of trader.	Founded in 1999, FOREX.com is now part of StoneX, a financial services organization serving over one million customers worldwide. Regulated in the US, UK, EU, Australia and beyond, the broker offers thousands of markets, not just forex, and provides excellent pricing on cutting-edge platforms.
Customer Reviews
	4.7 Based on 3 FOREX.com customer reviews
Bonus Offer
30% up to $100 via Exinity Ltd
Comment by Reviewer
"FXTM is a good pick for day traders seeking low forex commissions on the MetaTrader 4 platform. That said, the range of other assets is not extensive for those looking to diversify, especially stocks and cryptocurrencies."	"FOREX.com remains a best-in-class brokerage for active forex traders of all experience levels, with over 80 currency pairs, tight spreads from 0.0 pips and low commissions. The powerful charting platforms collectively offer over 100 technical indicators, as well as extensive research tools."
Pros
The broker delivers an excellent charting environment for day traders, with over 30 technical tools offered in the MT4 platform, plus a range of additional platform indicators for monitoring spreads, orders, pivot levels and more Beginners can access a strong range of free educational materials and short-term market insights, including a podcast hosted by the brand’s expert team FXTM offers free VPS hosting for active day traders looking for 24/7 uninterrupted connection with up to 99.9% uptime The broker has a good reputation with multiple industry awards and oversight from top-tier regulators like the CySEC Customer support is reliable and available in 30+ languages, making FXTM a top choice among global traders Negative Balance Protection is available to clients registering with the EU and UK entities	With over 20 years of experience, excellent regulatory oversight, and multiple accolades including runner-up in our 'Best Forex Broker' awards, FOREX.com boasts a global reputation as a trusted brokerage. The in-house Web Trader continues to shine as one of the best-designed platforms for aspiring day traders with a slick design and over 80 technical indicators for market analysis. Alongside a choice of leading platforms, FOREX.com offers a superb suite of supplementary tools including Trading Central research, SMART Signals pattern scanner, trading signals, and strategy builders. FOREX.com offers industry-leading forex pricing starting from 0.0 pips, alongside competitive cashback rebates of up to 15% for serious day traders. There’s a wealth of educational resources including tutorials, webinars, and a stacked YouTube channel to help you get educated in the financial markets.
Cons
It’s a shame that ETFs and bond products are not available, and the selection of stocks is not extensive compared to competitors like AvaTrade Spreads are mediocre in the commission-free accounts, with typical EUR/USD spreads around 1.9 pips - the industry average is around 1.2 pips Withdrawal fees apply, including a 30 EUR fee on bank wire withdrawals There are limited e-wallet payment options compared to alternatives	Despite increasing its range of instruments, FOREX.com's product portfolio is still limited to forex and CFDs, so there are no options to invest in real stocks, real ETFs or real cryptocurrencies. FOREX.com's MT4 platform offers approximately 600 instruments, significantly fewer than the over 5,500 available on its non-MetaTrader platforms. Funding options are limited compared to leading alternatives like IC Markets and don’t include many popular e-wallets, notably UnionPay and POLi. There’s no negative balance protection for US clients, so you may find yourself owing more money than your initial deposit into your account. Demo accounts are frustratingly time-limited to 90 days, which doesn’t give you enough time to test day trading strategies effectively.
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	Best CFD Broker 2022 - Rankia Best HNW Service 2022 - Dubai Forex Expo Best US Broker 2020 - DayTrading.com Best US Broker 2019 - DayTrading.com Runner-Up - Best Forex Broker 2019 - DayTrading.com
Instruments
Forex, CFDs, Indices, Commodities, Stocks	CFDs, Forex, Stocks, Cryptos, Futures, Options, Commodities
Demo Account
Yes	Yes
Minimum Deposit
$10	$100
Trading Platforms
FXTM App MT4 MT5	MT4 MT5 TradingView eSignal AutoChartist TradingCentral
Payment Methods
Credit Card GlobePay Google Wallet Maestro Neteller PayRedeem Perfect Money Skrill Visa WebMoney Western Union	ACH Transfer Credit Card Debit Card Mastercard Neteller Skrill Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
CySEC, FCA, FSCA, FSC	NFA, CFTC, CIRO, FCA, CYSEC, ASIC, SFC, FSA, MAS, CIMA
Margin Trading
Yes	Yes
STP Account
Yes	Yes
ECN Account
Yes	Yes
DMA Account
No	Yes
MAM Account
Yes	No
PAMM Account
Yes	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	Yes
Robo Advisor
No	No
Negative Balance Protection
Yes	Yes
Market Maker
Yes	No
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
iOS & Android	iOS & Android
App Review
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.	Running alongside the MT4 and Web Trader platforms, the FOREX.com app offers full trading capabilities on a user-friendly, compact platform. Integrated news and analysis, plus real time trade alerts, are two mobile specific features that set this app above the crowd. Additionally, it beats out MT4 when it comes to mobile charting tools, with over 80 indicators and 11 chart types, not to mention a slicker design that we love.
Android App Rating
4.4	3.8
iOS App Rating
4.8	3.6
Auto Trading
Expert Advisors (EAs) on MetaTrader	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	No
Social Trading
No	No
Trade Signals
Yes	SMART Signals
VPS Hosting
Yes	Yes
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$5	$15
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP	USD EUR GBP CAD AUD JPY CHF PLN
Stock Exchanges
Australian Securities Exchange (ASX) 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	Australian Securities Exchange (ASX) Borsa Italiana CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng Hong Kong Stock Exchange IBEX 35 Japan Exchange Group Nasdaq S&P 500 SIX Swiss Exchange
Commodities
Gold Natural Gas Oil Precious Metals Silver	Coffee Cotton Gold Livestock Natural Gas Oil Orange Juice Silver Soybeans Sugar Wheat
CFD Trading
FXTM’s CFD offering spans 250+ forex, stocks, commodities and indices, plus crypto CFDs at the global entity. Leverage up to 1:30 is available from the CySEC-regulated branch, though highly seasoned traders can also access massive 1:2000 rates from the global entity.	With the ability to take both long and short positions on 5,500+ CFDs across forex, stocks, indices, commodities, and cryptocurrencies, FOREX.com excels. Its exclusive Web Trader platform offers an excellent trading experience, equipped with over 80 technical indicators and average execution speeds of just 20 milliseconds, ensuring an optimal environment for serious day traders.
Leverage
	1:200 (Retail), 1:500 (Pro)
FTSE Spread
1.3	1.0
GBPUSD Spread
0.2	1.3
Oil Spread
5.0	2.5
Stocks Spread
0.1	0.14
Forex Trading
FXTM offers a strong range of 60+ currency pairs - more than many competitors including AvaTrade. There’s also 6 currency indices for day traders looking to diversify their forex portfolios. The brand’s ECN account offers competitively low spreads from 0 pips, with equally low commissions up to $2 per lot.	FOREX.com continues to uphold its stature as a premier FX broker, offering over 80 currency pairs and boasting some of the most competitive fees in the industry. With EUR/USD spreads dipping as low as 0.0 and $5 commission per $100k, it stands out. Moreover, its SMART Signals help to identify price behaviors across numerous major currency markets.
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.	Running alongside the Advanced and Web Trader Platforms, the FOREX.com mobile app offers full trading capabilities on a user-friendly, compact platform. Integrated news and analysis, plus real time trade alerts, are two mobile specific features that set this app above the crowd.
GBPUSD Spread
0.2	1.3
EURUSD Spread
0.1	1.2
EURGBP Spread
0.6	1.4
Assets
50+	80+
Currency Indices
USD EUR GBP JPY AUD NZD
Cryptocurrency
Cryptocurrency CFDs are available on 11 popular digital coins for those using the international entity. Bitcoin is available, alongside popular altcoins like Avalanch and Dogecoin. Spreads are floating and minimum lot sizes from 0.01 are available.	You can trade a small range of 8+ cryptos against USD, EUR, GBP and AUD with tight spreads and no virtual wallet required. Algo traders can also utilize Expert Advisors (EAs) to automate their crypto trades.
Spread
Variable	BTC 1.4%, ETH 2%
Coins
BTC ETH LTC XRP	BTC BCH ETH LTC XRP
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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