Trade Pro Futures vs FXCM

Trade Pro Futures vs FXCM Comparison Table 2024
Trade Pro Futures	FXCM
Review 2.8	Review 3.5

Trade Pro Futures is an NFA-regulated forex and futures brokerage. Aimed towards high net-worth investors, the brand offers a large catalog of powerful trading platforms and tools, including MetaTrader 4. The broker also provides demo walkthroughs, transparent pricing and reliable customer support.	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
"Trade Pro Futures will appeal to high-volume traders looking for low-cost forex and futures trading with low to zero commissions. However, the $2500 minimum deposit means the broker is best for experienced traders."	"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
Good regulatory credentials with authorization from the NFA One of the largest suites of trading platforms and tools including Multicharts, CQG, MT4 and R-Trader Access to seven futures and options exchanges including CME, CBOT, NYMEX and ICE for trade opportunities Transparent pricing structure with exchange fee and NFA charges listed by instrument Responsive customer support and platform assistance via live chat, telephone and email Demo walkthroughs available by request for all trading platforms and investment tools	Alongside the 4 charting platforms, FXCM also offers a market-leading range of specialist software for experienced investors, including QuantConnect, AgenaTrader and Sierra Chart The proprietary Trading Station terminal is a good choice for day traders looking for an all-in-one solution for their short-term and automated trading strategies Traders can utilize several top-tier trading tools including a market scanner, forex signals and third-party research site, eFXPlus FXCM’s global reputation is impressive, with licenses from the FCA, ASIC, CySEC and FSCA and a 20-year business history A range of funding methods are available including bank cards, Apply Pay and PayPal, with instant processing times The broker offers spread discounts and other excellent perks for experienced traders in the Active Trader account FXCM has expanded its range of trading opportunities with 24-hour stock CFDs through MetaTrader 4
Cons
High minimum deposit of $2500 for a forex account and $5000 for a futures account Narrow choice of payment methods with bank transfer and cheque only Third-party fees apply for access to some software Instruments are restricted to forex and futures	Although FXCM continues to gear their services towards experienced traders, it’s a shame that there are no managed accounts on offer There is no choice of retail accounts for traders, nor any Cent/Micro account options The live chat support can be slow and unreliable compared to the top competitors
Instruments
Forex, futures	CFDs, Forex, Stocks, Cryptos, Commodities
Demo Account
Yes	Yes
Minimum Deposit
$2500	$50
Trading Platforms
MT4	Trading Station MT4 TradingView eSignal
Payment Methods
Cheque Wire Transfer	Apple Pay Credit Card Debit Card Google Wallet Klarna PayPal POLi Wire Transfer
Minimum Trade
0.01 Lots	Variable
Regulator
NFA	FCA, CySEC, ASIC
Margin Trading
No	Yes
STP Account
No	No
ECN Account
No	No
DMA Account
No	No
MAM Account
No	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
No	Yes
Market Maker
No	Yes
P2P Trading
No	No
Spot Trading
No	No
Mobile Apps
Yes	iOS and Android
Auto Trading
Yes
Copy Trading
No	Yes
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
No	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
No	No
Account Currencies
	USD EUR GBP CAD AUD ZAR CHF
Stock Exchanges
	Euronext IBEX 35 Russell 2000
Commodities
Gold Silver	Cannabis Gold Oil Silver
CFD Trading
CFD trading not offered	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
FTSE Spread
	1.18 pts var*
GBPUSD Spread
	0.5 pips*
Oil Spread
	0.05 (var)*
Stocks Spread
	0.2% Var*
Forex Trading
Trade Pro Futures offers 50+ major, minor and exotic currency pairs on MT4, TradingView or Collective 2. Leverage up to 1:100 is available on forex futures.	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
Floating	0.5 pips var*
EURUSD Spread
Floating	0.2 pips var*
EURGBP Spread
Floating	0.5 pips var*
Assets
25+	40
Currency Indices
	JPY
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
	BTC ETH LTC BTC
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
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