ICM Capital vs FXCM
| ICM Capital | FXCM |
|---|---|
2.3
ICM Markets only accept professional traders.
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3.5
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ICM Capital is an FCA-regulated brokerage that offers professional traders multi-asset trading. Pro traders can choose between MetaTrader 4 and ICM's proprietary platform to access commission-free and tight-spread account options. ICM Capital does not accept amateur traders. |
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 remains a popular choice for day traders. The broker is also regulated by top-tier authorities including the FCA and ASIC. |
| Comment by Reviewer | |
| "ICM Capital is best for professional traders looking for tight spreads and high leverage on forex and US stocks." | "FXCM maintains its position as 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." |
| Pros | |
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| Cons | |
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| Awards | |
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| Instruments | |
| Forex, CFDs, stocks, commodities, futures | CFDs, Forex, Stocks, Cryptos, Commodities |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $200 | $50 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | Variable |
| Regulator | |
| FCA, SVGFSA | FCA, CySEC, ASIC |
| Margin Trading | |
| No | Yes |
| STP Account | |
| No | No |
| ECN Account | |
| No | No |
| DMA Account | |
| No | No |
| MAM Account | |
| Yes | Yes |
| 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 | Yes |
| Market Maker | |
| No | Yes |
| P2P Trading | |
| No | No |
| Spot Trading | |
| No | No |
| Mobile Apps | |
| Yes | iOS and Android |
| Auto Trading | |
| Expert Advisors (EAs) on MetaTrader | |
| Copy Trading | |
| Yes | Yes |
| Copy Trading Platform | |
| Clients of ICM Capital can use the MetaTrader 4 platform to interact with and copy the trades of other investors. Both manual and automated copy trading is available. | 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 | Yes |
| Trade Signals | |
| Yes | |
| VPS Hosting | |
| No | No |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | Yes |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Islamic Account | |
| Yes | No |
| Account Currencies | |
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| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| Leveraged contracts for difference can be used to take positions on major financial markets with fast execution speeds. On the negative side, the suite of CFDs is narrow, with commodities and indices only. | You can trade a range of CFD instruments across forex, shares, indices and commodities. There’s an excellent selection of platforms for day traders, including TradingView and MT4, plus additional tools for experienced algo traders including API solutions. |
| Leverage | |
| 1:30 (Retail), 1:200 (Pro) | 1:30 |
| FTSE Spread | |
| 2.0 | 1.18 pts var* |
| GBPUSD Spread | |
| 1.8 | 0.5 pips* |
| Oil Spread | |
| 2.0 | 0.05 (var)* |
| Stocks Spread | |
| Variable | 0.2% Var* |
| Forex Trading | |
| A decent portfolio of currencies are available at ICM Capital. Trade majors like the EUR/SUD with spreads from 0.0 pips. You can speculate on forex using MT4 with expert advisors (EAs) supported. | FXCM offers an average range of 40+ currency pairs, although there are no commissions and spreads are competitive from 0.78 pips for EUR/USD. The broker also offers 3 forex baskets covering USD, Yen and emerging markets benchmarks. |
| GBPUSD Spread | |
| 1.8 | 0.5 pips var* |
| EURUSD Spread | |
| 1.3 | 0.2 pips var* |
| EURGBP Spread | |
| 1.3 | 0.5 pips var* |
| Assets | |
| 50+ | 40 |
| Currency Indices | |
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| Cryptocurrency | |
| Crypto trading not offered | You can 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. |
| Spread | |
| Variable | |
| 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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ICM Capital vs |
FXCM vs |