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FXCM vs FXOpen

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

FXCM vs FXOpen Comparison Table 2025
FXCM	FXOpen

4	3.7
FXCM is ranked #25 among CFD brokers.	FXOpen is ranked #62 among CFD brokers.
Review	Review
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.	Founded in 2005, FXOpen is a well-regulated broker that has drawn over one million traders. Tailored for active trading, it offers a diverse range of over 700 markets. The platform facilitates high-frequency trading, scalping, and various algorithmic strategies through the use of expert advisors (EAs).
Pros
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.	FXOpen integrated TradingView in 2022 and enhanced its TickTrader platform in 2024. This upgrade delivers Level 2 pricing, over 1,200 trading instruments, and sophisticated order options. The platform appeals to both seasoned and high-frequency traders. FXOpen significantly cut FX spreads by over 40% in 2022. In 2023, they launched commission-free index trading. These changes make trading more economical for traders. In 2024, FXOpen simplified its account options. Traders now benefit from ECN accounts with raw spreads starting at 0.0 pips. The platform offers rapid execution and reduced commissions for those with high trading volumes, enhancing user experience.
Cons
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.	Though FXOpen remains a trusted broker with authorizations from the FCA and CySEC, it lost its ASIC license in 2024 due to 'serious concerns.' Consequently, it no longer accepts traders from Australia. FXOpen's educational resources are quite limited, with a scarcity of courses and webinars commonly available at brokers such as IG. This deficiency may deter novice traders looking to enhance their understanding. Even with an expanded asset portfolio, FXOpen provides a more limited selection of global stocks, commodities, and cryptocurrencies compared to the leading firm BlackBull. This results in fewer diverse trading opportunities for traders.
Awards
	Best ECN Broker 2012 - Masterforex-V Best Forex Broker in Australasia 2011 - World Finance Magazine Best Islamic Forex Broker 2011 - IB Times Trading Awards Best South-East Asia Forex Broker and Best ECN Forex Broker 2011 - IB Times Trading Awards Best Trading Platform 2010 - Falcon Awards
FCA Regulated
Yes	Yes
Instruments
Forex, Stock CFDs, Commodities CFDs, Crypto CFDs	CFDs, Forex, Stocks, Indices, Commodities, Crypto, ETFs
Demo Account
Yes	Yes
Minimum Deposit
$50	$100
Payment Methods
Apple Pay Credit Cards Debit Card Google Pay PayPal Wire Transfer	ADVcash Credit Cards Debit Card FasaPay Mastercard Neteller Skrill Visa Wire Transfer
Minimum Trade
Variable	0.01 Lots
Regulator
FCA, CySEC, ASIC, FSCA, BaFin, CIRO	FCA, CySEC, FC
Mobile Apps
iOS and Android	iOS & Android
Trading App
	The FXOpen Trading App offers a user-friendly experience for trading over 700 global markets. It provides real-time data, level 2 pricing, live charts, and financial news. Over the years, it has achieved one of the highest ratings on the Android app store, reflecting its superior user interface.
iOS App Rating
3.1	5
Android App Rating
4.5	5
Margin Trading
Yes	Yes
MetaTrader 4
Yes	Yes
MetaTrader 5
No	Yes
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
Yes	Yes
Autochartist
No	No
eSignal
No	No
Trading Central
No	No
STP Account
No	Yes
ECN Account
No	Yes
DMA Account
No	Yes
MAM Account
Yes	No
PAMM Account
No	Yes
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	Yes
Market Maker
Yes	No
P2P Trading
No	No
Spot Trading
No	No
Auto Trading
	Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes	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.	FXOpen's PAMM Copy Trading service enables investors to replicate the strategies of seasoned traders. It offers a clear, performance-focused system with flexibility, automated profit-sharing, and thorough account management.
Social Trading
Yes	No
Trade Signals
	Yes
VPS Hosting
No	Yes
Tournaments
No	Yes
Demo Competitions
Yes	Yes
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
	$10
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP AUD	USD EUR GBP AUD JPY CHF SGD RUB
Commodities
Gold Oil Silver Cannabis	Gold Silver Oil Natural Gas
CFD
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.	FXOpen offers an impressive array of CFDs, including over 700 assets like stocks, indices, currencies, commodities, cryptocurrencies, and a wider selection of ETFs. Since 2022, the inclusion of TradingView and enhancements to the TickTrader platform have equipped traders with superior tools. FXOpen thus delivers a comprehensive trading experience.
Leverage
1:400	1:30 (EU, UK), 1:1000 (Global)
FTSE Spread
1.18 pts var*	0.7
GBPUSD Spread<
0.5 pips*	0.4
Oil Spread
0.05 (var)*	0.04
Stocks Spread
0.2% Var*	0.40 (Apple)
Forex
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
40	50+
GBPUSD Spread
0.5 pips var*	0.4
EURUSD Spread
0.2 pips var*	0.2
EURGBP Spread
0.5 pips var*	0.5
Currency Indices
JPY
Cryptocurrency
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.	FXOpen provides more than 40 cryptocurrency CFDs, featuring both crypto-only pairs and those paired with traditional currencies like GBP, USD, and JPY. Traders can leverage their crypto CFD trades at a ratio of 1:2. There are three types of orders available: market, limit, and stop, and scripts are on hand for automated trading.
Spread
Variable	9.0 (BTC)
Coins
BTC ETH LTC BTC	BTC BCH ETH LTC ETC EOS DSH XRP IOT XMR NEO
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

FXCM	FXOpen
Review	Review
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