Global Market Index vs FXCM

Global Market Index vs FXCM Comparison Table 2022
Global Market Index FXCM
WINNER
Global Market Index is the better broker
United States Flag Traders from US accepted
United States Flag Traders from US not accepted
Global Market Index offers multiple asset classes on five powerful trading platforms. FXCM are an FCA regulated, London based broker. Companies under the FXCM umbrella are also regulated in Australia and South Africa.
Awards
  • Best Liquidity Provider 2017
  • Best Trading Environment 2017
  • Best Trading Platform Provider 2016
  • Best Forex Broker 2016
  • Fastest Growing Broker 2016
  • Best EA Trading Platform 2016
  • Best Forex Broker 2014
  • Best Forex Broker 2012
  • Best Forex Trading Platform 2012
  • Best Forex Broker 2011
Instruments
Forex, CFDs, Metals Spreadbetting, CFD, Forex, Crypto
Demo Account
Yes Yes
Minimum Deposit
$2,000 £300
Payment Methods
Minimum Trade
0.01 lots Varies by asset
Regulator
FCA, VFSC FCA, CySEC, ASIC.
Margin Trading
Yes
MetaTrader 4
Yes Yes
MetaTrader 5
No No
cTrader
No No
AlgoTrader
Yes
OmniTrader
No
TradingView
Yes
Autochartist
No
eSignal
Yes
Trading Central
No
STP Account
No
ECN Account
No No
DMA Account
No No
MAM Account
Yes
PAMM Account
No
LAMM Account
No
Demat Account
No
AI / Machine Learning
No
Robo Advisor
No
Negative Balance Protection
Yes
Market Maker
Yes
P2P Trading
No
Spot Trading
No
Mobile Apps
Yes iOS and Android
Auto Trading
Yes (APIs)
Copy Trading
No Yes
Copy Trading Platform
FXCM offers social and copy trading on forex, CFDs and cryptos through the hugely popular ZuluTrade platform.
Social Trading
No Yes
VPS Hosting
No
Tournaments
No
Demo Competitions
No
Ethical Investing
No
Islamic Account
No No
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • ZAR
  • CHF
Stock Exchanges
Commodities
CFD Trading
Trade index and commodity CFDs with up to 1:200 leverage and floating spreads.
Leverage
1:200 1:30
FTSE Spread
Floating 1.18 pts var*
GBPUSD Spread<
N/A 0.5 pips*
Oil Spread
Floating 0.05 (var)*
Stocks Spread
N/A 0.2% Var*
Forex Trading
Major and minor currency pairs including EUR/USD with low spreads.
GBPUSD Spread
Floating from 1 pip 0.5 pips var*
EURUSD Spread
Floating from 1 pip 0.2 pips var*
EURGBP Spread
Floating from 1 pip 0.5 pips var*
Assets
40+ 40
Cryptocurrency
Crypto trading not offered
Crypto Lending
No
Crypto Mining
No
Crypto Staking
No
Auto Market Maker
No
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