XTB vs FXCM

XTB vs FXCM Comparison Table 2023
XTB	FXCM
Review 4.8	Review 3.5
Traders from US not accepted See available CFD brokers	Traders from US not accepted See available CFD brokers
XTB is one of the largest stock exchange-listed forex and CFD brokers in the world, offering access to over 5800 instruments on their xStation platform. They boast 700,000 active traders, 20 years experience and authorization from tier-one regulators, including the UK's FCA.	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 is a popular choice. The broker is also FCA regulated and authorized in Australia and South Africa.
81% of retail accounts lose money.
Promotions
Earn Cashback When You Trade At XTB
Comment by Reviewer
"XTB is a great option for beginners with a user-friendly platform, no minimum deposit and low trading fees. The free education center is also a bonus, as well as the straightforward account opening process."	"FXCM is 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
5800+ instruments covering major markets Useful educational resources for beginners FCA, KNF, CySEC, and IFSC-regulated 24 hour support available Sunday to Friday Multiple industry awards and respected brand Cashback rebates for high-volume traders Earn interest up to 5% on uninvested balances Professional investing account 1:500 leverage for global traders 3000+ fractional shares Flexible account options Mobile trading alerts Spreads from 0.1 pips	A choice for 4 powerful platforms including MT4, Capitalise.AI and the broker's proprietary solution Premium support and custom solutions in the Active Trader professional account Excellent trading tools including a market scanner, forex signals and access to reputable research site, eFXplus Strong selection of educational materials including a new trader guide, market outlook reports and free webinars Impressive global regulatory status with 4 reputable licenses with the FCA, ASIC, CySEC and FSCA A range of funding methods including bank cards, Apple Pay and PayPal, with instant processing times
Cons
Single platform offering Not available to US clients Instrument portfolio limited to mostly CFDs	Live chat support is unreliable Not the widest range of assets or trading vehicles
Awards
Best Forex Broker for Beginners 2022 Best Customer Service 2021 Best Forex Broker for Low Costs 2021 Best Mobile App for Investing 2020 #1 EMEA Bloomberg spot for FX accuracy in Q2 of 2020 and Q3 of 2018 Best Polish Forex Broker 2019 Best Execution Broker 2019
Instruments
CFDs, Forex, Stocks, Indices, Commodities, Crypto	Stocks, Spreadbetting, CFD, Forex, Crypto
Demo Account
Yes	Yes
Minimum Deposit
$0	$50
Trading Platforms
Own	MT4 TradingView eSignal
Payment Methods
Credit Card Debit Card Maestro Mastercard PayPal Paysafecard QIWI Skrill Visa Wire Transfer	Apple Pay Credit Card Debit Card Google Wallet Klarna PayPal POLi Wire Transfer
Minimum Trade
0.01 Lots	Variable
Regulator
FCA, CySEC, IFSC, KNF, DFSA	FCA, CySEC, ASIC.
Margin Trading
Yes	Yes
Margin Rate
4.5%
STP Account
Yes	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
Yes	Yes
Market Maker
No	Yes
P2P Trading
No	No
Spot Trading
Yes	No
Mobile Apps
iOS, Android & Windows	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
Yes	No
Tournaments
No	No
Demo Competitions
No	Yes
Ethical Investing
Yes	No
Custodial Account
No	No
Guaranteed Stop Loss
Yes	No
Inactivity Fee
$0
Islamic Account
Yes	No
Account Currencies
USD EUR GBP	USD EUR GBP CAD AUD ZAR CHF
Stock Exchanges
Australian Securities Exchange Bombay Stock Exchange CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index Hang Seng Hong Kong Stock Exchange Japan Exchange Group Nasdaq New York Stock Exchange S&P 500 SIX Swiss Exchange	Euronext IBEX 35 Russell 2000
Commodities
Cocoa Coffee Copper Cotton Gasoline Gold Natural Gas Nickel Oil Precious Metals Silver Soybeans Sugar	Cannabis Gold Oil Silver
CFD Trading
Trade a large suite of 2100 CFDs with ultra-fast execution speeds and 24-hour trading. You can build a diverse portfolio with access to forex, indices, commodities, cryptos, stocks and ETFs. Retail traders also get negative balance protection and zero commissions.	Trade a range of CFD instruments on one of FXCM's multi-asset platforms with fast execution and zero/positive slippage. Daily market analysis can also be used to inform trading decisions.
Leverage
1:500	1:30
FTSE Spread
0.08%	1.18 pts var*
GBPUSD Spread
0.1 pips	0.5 pips*
Oil Spread
0.03 pips	0.05 (var)*
Stocks Spread
0.2% variable	0.2% Var*
Forex Trading
Trade 48 currency pairs with low spreads from 0.1 pips and leverage up to 1:30 (EU) and 1:500 (Global). Micro lot trading is also available and new currency traders can make near-instant deposits with no fees.	Access over 40 currency pairs with no commissions and low spreads from 0.78 pips for EUR/USD. Forex can also be traded 24/5 on a choice of reliable platforms.
Forex App
With over 1 million downloads and a rating of 4.5*, XTB deliver a mobile trading platform that users love. Slick and reliable, the app boasts a range of extra features including advanced charts and market sentiment indicators. Download xStation by XTB here.
GBPUSD Spread
0.1	0.5 pips var*
EURUSD Spread
0.2	0.2 pips var*
EURGBP Spread
0.1	0.5 pips var*
Assets
45+	40
Currency Indices
	JPY
Cryptocurrency
XTB offers an excellent range of crypto markets, all with competitive spreads. They also offer intra-crypto pairs such as ETH/BTC and DSH/BTC. Cryptos can be traded 24/7 in a secure environment with transparent accounts.	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
From 0.22%	Variable
Coins
ADA BTC BCH DSH EOS ETH IOTA LTC NEO XRP XLM TRX XEM XLM XMR DOGE BNB LINK UNI DOT XTZ	BTC ETH LTC BTC
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
81% of retail accounts lose money.
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