Forex.com vs FXCM

Forex.com or FXCM – which is better for UK traders 2025? Compare Forex.com and FXCM in this detailed breakdown of their platforms, features and fees.

Forex.com vs FXCM Comparison Table 2025
Forex.com FXCM
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4.4
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4
Forex.com is ranked #10 among CFD brokers. FXCM is ranked #25 among CFD brokers.
Established in 1999, FOREX.com is now integrated into StoneX, a prominent financial services entity catering to more than one million clients globally. The broker is regulated in numerous jurisdictions, including the US, UK, EU, and Australia. It offers a vast array of markets beyond forex, delivering competitive pricing on state-of-the-art trading platforms. FXCM, a reputable forex and CFD broker founded in 1999, is headquartered in the UK. It has garnered multiple accolades and operates in several regions, including the UK and Australia. Offering more than 400 assets and comprehensive analysis tools without any commission charges, FXCM is a favoured option among traders. The broker is also under the regulation of leading bodies such as the FCA, ASIC, CySEC, FSCA, and BaFin.
Pros
  • With more than two decades of expertise, strong regulatory governance, and numerous accolades, including a second-place finish in our 'Best Forex Broker' awards, FOREX.com is globally renowned as a reliable trading platform.
  • The in-house Web Trader remains a standout platform, excellently crafted for budding traders. It features a sleek design and offers more than 80 technical indicators for thorough market analysis.
  • In addition to top-tier platforms, FOREX.com provides an excellent range of additional tools such as Trading Central research, a SMART Signals pattern scanner, trading signals, and strategy builders.
  • FOREX.com provides top-tier forex rates beginning at 0.0 pips, along with attractive cashback rebates up to 15% for dedicated traders.
  • An abundance of educational resources is available, such as tutorials, webinars, and an extensive YouTube channel, designed to enhance your understanding of financial markets.
  • In addition to its four charting platforms, FXCM provides a superior selection of specialist software for seasoned traders, featuring QuantConnect, AgenaTrader, and Sierra Chart.
  • The proprietary Trading Station platform is an excellent option for traders seeking a comprehensive tool for their short-term and automated strategies.
  • Traders have access to premium tools such as a market scanner, forex signals, and research from the third-party site eFXPlus.
  • FXCM boasts a strong international reputation, holding licences from the FCA, ASIC, CySEC, and FSCA. With two decades of experience, it commands respect in the trading industry.
  • A variety of funding options, such as bank cards, Apple Pay, and PayPal, are available with immediate processing.
  • The broker provides reduced spreads and additional benefits for seasoned traders through the Active Trader account.
  • FXCM has broadened its range of trading opportunities by offering 24/7 stock CFDs via MetaTrader 4.
Cons
  • Although FOREX.com has expanded its range of instruments, its product offering is confined to forex and CFDs. Consequently, there are no investment options for actual stocks, ETFs, or cryptocurrencies.
  • FOREX.com's MT4 platform provides around 600 instruments, a notable reduction compared to the more than 5,500 options on its other platforms.
  • Funding choices are restricted when compared to top options such as IC Markets. Many popular e-wallets, including UnionPay and POLi, are noticeably absent.
  • US clients are not protected against negative balances, which means you could end up owing more than your initial deposit.
  • Demo accounts are typically limited to 90 days, hindering effective strategy testing.
  • While FXCM primarily caters to seasoned traders, the absence of managed accounts is unfortunate.
  • There are no retail account options available for traders, and Cent/Micro account alternatives are also absent.
  • The live chat support is often sluggish and inconsistent when compared to leading competitors.
Awards
  • Best CFD Broker 2022 - Rankia
  • Best HNW Service 2022 - Dubai Forex Expo
  • Best US Broker 2020 - DayTrading.com
  • Best US Broker 2019 - DayTrading.com
  • Runner-Up - Best Forex Broker 2019 - DayTrading.com
FCA Regulated
Yes Yes
Instruments
Forex, CFDs, Stocks, Indices, Commodities, Futures, Options, Crypto Forex, Stock CFDs, Commodities CFDs, Crypto CFDs
Demo Account
Yes Yes
Minimum Deposit
$100 $50
Payment Methods
Minimum Trade
0.01 Lots Variable
Regulator
NFA, CFTC, CIRO, FCA, CYSEC, ASIC, SFC, FSA, MAS, CIMA FCA, CySEC, ASIC, FSCA, BaFin, CIRO
Mobile Apps
iOS & Android iOS and Android
Trading App
Alongside the MT4 and Web Trader platforms, the FOREX.com app provides comprehensive trading features in a user-friendly, compact package. With integrated news, analysis, and real-time alerts, it excels on mobile. It surpasses MT4 in mobile charting, offering over 80 indicators and 11 chart types, alongside a more streamlined design.
iOS App Rating
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3.6
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3.1
Android App Rating
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3.8
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4.5
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
Yes Yes
Autochartist
Yes No
eSignal
Yes No
Trading Central
Yes No
STP Account
Yes No
ECN Account
Yes No
DMA Account
Yes No
MAM Account
No Yes
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
Yes No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
No Yes
P2P Trading
No No
Spot Trading
Yes No
Auto Trading
Expert Advisors (EAs) on MetaTrader
Copy Trading
No Yes
Copy Trading Platform
FXCM provides social and copy trading options for forex, CFDs, and cryptocurrencies via the widely-used ZuluTrade platform. Registration is swift, and you can monitor your trading outcomes instantly.
Social Trading
No 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
Inactivity Fee
$15
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • CHF
  • PLN
  • USD
  • EUR
  • GBP
  • AUD
Commodities
  • Gold
  • Oil
  • Silver
  • Cotton
  • Livestock
  • Soybeans
  • Coffee
  • Natural Gas
  • Sugar
  • Wheat
  • Orange Juice
  • Lean Hogs
  • Cattle
  • Gold
  • Oil
  • Silver
  • Cannabis
CFD
With options for both long and short positions on over 5,500 CFDs in forex, stocks, indices, commodities, and cryptocurrencies, FOREX.com stands out. The platform's unique Web Trader delivers an outstanding experience, featuring more than 80 technical indicators and average execution speeds of merely 20 milliseconds, providing an ideal setting for dedicated traders. You can engage in trading various CFD instruments, such as forex, shares, indices, and commodities. Traders have access to a superb choice of platforms, including TradingView and MT4. Additionally, advanced trading tools like API solutions cater to experienced algorithmic traders.
Leverage
1:30 1:400
FTSE Spread
1.0 1.18 pts var*
GBPUSD Spread<
1.3 0.5 pips*
Oil Spread
2.5 0.05 (var)*
Stocks Spread
0.14 0.2% Var*
Forex
FOREX.com maintains its status as a leading foreign exchange broker, providing access to more than 80 currency pairs at highly competitive rates. Standout features include EUR/USD spreads starting at 0.0 and a $5 commission per $100k traded. Additionally, its SMART Signals feature aids traders by pinpointing price trends in major global markets. FXCM provides a selection of over 40 currency pairs. There are no commission charges, and spreads are competitive, starting at 0.78 pips for EUR/USD. Additionally, the broker features three forex baskets, focusing on USD, Yen, and emerging market benchmarks.
Assets
80+ 40
GBPUSD Spread
1.3 0.5 pips var*
EURUSD Spread
1.2 0.2 pips var*
EURGBP Spread
1.4 0.5 pips var*
Currency Indices
  • JPY
Cryptocurrency
You can trade over 8 cryptocurrencies against USD, EUR, GBP, and AUD with tight spreads, without needing a virtual wallet. Traders can automate their crypto transactions using Expert Advisors (EAs). Trade popular digital currencies with no commission and leverage. FXCM offers a crypto basket, providing exposure to Bitcoin, Ethereum, Litecoin, and Bitcoin Cash in a single trade.
Spread
BTC 1.4%, ETH 2% Variable
Coins
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
  • BTC
  • ETH
  • LTC
  • BTC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Forex.com FXCM
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