InstaForex vs FXCM

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

InstaForex vs FXCM Comparison Table 2025
InstaForex FXCM
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4
InstaForex is ranked # among . FXCM is ranked #25 among CFD brokers.
InstaForex has closed or no longer accepts UK clients.
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
  • 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 trading options by offering stock CFDs via MetaTrader 4.
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.
FCA Regulated
Yes
Instruments
Forex, Stock CFDs, Commodities CFDs, Crypto CFDs
Demo Account
Yes
Minimum Deposit
$50
Payment Methods
Minimum Trade
Variable
Regulator
FCA, CySEC, ASIC, FSCA, BaFin, CIRO
Mobile Apps
iOS and Android
iOS App Rating
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3.1
Android App Rating
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4.5
Margin Trading
Yes
MetaTrader 4
Yes
MetaTrader 5
No
cTrader
No
AlgoTrader
No
OmniTrader
No
TradingView
Yes
Autochartist
No
eSignal
No
Trading Central
No
STP Account
No
ECN Account
No
DMA Account
No
MAM Account
Yes
PAMM Account
No
LAMM Account
No
Demat Account
No
AI / Machine Learning
Yes
Robo Advisor
No
Negative Balance Protection
Yes
Market Maker
Yes
P2P Trading
No
Spot Trading
No
Copy Trading
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
Yes
VPS Hosting
No
Tournaments
No
Demo Competitions
Yes
Ethical Investing
No
Custodial Account
No
Guaranteed Stop Loss
No
Islamic Account
Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • AUD
Commodities
  • Gold
  • Oil
  • Silver
  • Cannabis
  • Corn
  • Copper
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.
Leverage
1:400
FTSE Spread
1.18 pts var*
GBPUSD Spread<
0.5 pips*
Oil Spread
0.05 (var)*
Stocks Spread
0.2% Var*
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
GBPUSD Spread
0.5 pips var*
EURUSD Spread
0.2 pips var*
EURGBP Spread
0.5 pips var*
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.
Spread
Variable
Coins
  • BTC
  • ETH
  • LTC
  • BTC
Crypto Lending
No
Crypto Mining
No
Crypto Staking
No
Auto Market Maker
No
InstaForex FXCM
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