ZuluTrade vs FXCM
ZuluTrade | FXCM |
---|---|
3.1
|
3.5
|
Traders from US not accepted
|
Traders from US not accepted
|
ZuluTrade is a renowned social-wealth management platform that allows investors to trade by copying the trades of experienced traders, also known as leaders. This award-winning platform supports social trading and copy trading across multiple assets and has a network of more than 90,000 Leaders and 1,000+ brokers. ZuluTrade is part of the Finvasia Group and is regulated in the EU, South Africa, Japan and Mauritius. |
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 | |
"We recommend ZuluTrade for investors interested in joining one of the world's largest and best-performing social trading networks. The platform is user-friendly and clients can copy trade in a variety of popular financial markets." | "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 | |
|
|
Cons | |
|
|
Awards | |
|
|
Instruments | |
CFDs; Forex, Stocks, Cryptos, Commodities, Indices | CFDs, Forex, Stocks, Cryptos, Commodities |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
Broker Dependant | $50 |
Trading Platforms | |
|
|
Payment Methods | |
Investors - Broker-Dependent. Leaders - Bank Transfer, PayPal, Cryptos | |
Minimum Trade | |
$1 | Variable |
Regulator | |
HCMC in EU, FSA in Japan, FSC in Mauritius, FSCA in South Africa | FCA, CySEC, ASIC |
Margin Trading | |
Yes | 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 | |
iOS & Android | iOS and Android |
Auto Trading | |
ZuluTrade are market leaders in automated trading. From scripts to auto execution APIs and copy trading. | |
Copy Trading | |
Yes | Yes |
Copy Trading Platform | |
Investors can follow the strategies and positions of 90,000+ traders spanning a range of financial markets. ZuluTrade is one of the top-rated and regulated copy trading platforms globally, with multiple industry awards, an excellent reputation and a suite of risk management tools and real-time analysis features. | 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 | |
Yes | 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 | |
|
|
Stock Exchanges | |
Commodities | |
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 | |
Broker Dependent | 1:30 |
FTSE Spread | |
Broker dependent | 1.18 pts var* |
GBPUSD Spread | |
Broker dependent | 0.5 pips* |
Oil Spread | |
Broker dependent | 0.05 (var)* |
Stocks Spread | |
Broker dependent | 0.2% Var* |
Forex Trading | |
In the realm of Forex CFDs, ZuluTrade offers access to an extensive selection of currency pairs, enabling traders to engage in the exciting world of currency exchange with ease and flexibility. | 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 | |
Broker dependent | 0.5 pips var* |
EURUSD Spread | |
Broker dependent | 0.2 pips var* |
EURGBP Spread | |
Broker dependent | 0.5 pips var* |
Assets | |
Broker dependent | 40 |
Currency Indices | |
|
|
Cryptocurrency | |
ZuluTrade supports Crypto CFDs, making it possible for traders to speculate on the price movements of cryptocurrencies like Bitcoin and Ethereum. This feature allows traders to participate in the cryptocurrency market without owning the underlying assets. | 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 | |
Broker dependent | Variable |
Coins | |
|
|
Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
More Comparisons | |
ZuluTrade vs |
FXCM vs |