FOREX.com vs FXCM - BrokerCue
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Broker Comparison

FOREX.com vs FXCM

Compare FOREX.com and FXCM side by side: fees, regulation, platforms.

FOREX.com

FOREX.com

Forex and CFD traders

FOREX.com is a forex and CFD broker launched in 2004, regulated across multiple jurisdictions including the Fโ€ฆ

VS
FXCM

FXCM

Forex and algo traders

FXCM is a forex and CFD broker founded in 1999, offering 40+ currency pairs, CFDs, crypto CFDs, spread bettinโ€ฆ

Head-to-head comparison

FOREX.com vs FXCM
Feature FOREX.com FXCM
Minimum deposit - -
Stock trading fee - -
Regulators NFA, CFTC, FCA, ASIC, CySEC, CIRO, MAS, FSA, SFC FCA, ASIC, CySEC, FSCA
Best for Forex and CFD traders Forex and algo traders
Markets & account
Forex
CFDs
Crypto
-
Futures
-
Spread Betting
Demo Account
Multi Currency
-
Margin

Pros & cons

FOREX.com

FOREX.com

Pros

  • Regulated by NFA, CFTC, FCA, ASIC, CySEC, CIRO and other top-tier authorities
  • Parent company StoneX Group is NASDAQ-listed
  • RAW Pricing account with spreads from 0.0 pips
  • Wide platform choice: proprietary Web Trader, MT4, MT5, TradingView, NinjaTrader
  • Over 80 forex pairs and 5,500+ CFDs (outside US)
  • Free demo account with up to $50,000 in virtual funds
  • Spread betting available to UK clients
  • Extensive educational resources and market research

Cons

  • No real stocks or ETFs - only CFDs on equities
  • $15 per month inactivity fee after 12 months
  • Wire withdrawal fees apply (from $25 for US clients; international fees vary by region)
  • Standard account spreads on EUR/USD are in the low-to-mid single-digit pip range, higher than some low-cost competitors
  • Demo accounts expire after 90 days
  • No copy trading or social trading features
  • Crypto CFDs unavailable to US and some other regional clients
FXCM

FXCM

Pros

  • No account opening or deposit fees
  • Strong algorithmic trading support with APIs and third-party integrations
  • Spread betting available for UK clients (tax-free gains)
  • Multiple regulated entities across UK, Australia, EU, and South Africa
  • Free demo account with up to $20,000 in virtual funds
  • Commission-free standard accounts
  • Advanced Trading Station platform with 115+ indicators
  • Active Trader rebates for high-volume traders

Cons

  • Banned from US market since 2017 following CFTC fraud findings
  • Past regulatory fines from FCA and CFTC remain on record
  • Inactivity fee after 12 months
  • Wire withdrawal carries a $25 correspondent bank charge
  • Limited stock CFD range compared to multi-asset competitors
  • No MetaTrader 5 support
  • Active Trader minimum deposit is $25,000
FOREX.com

FOREX.com

FOREX.com is a forex and CFD broker launched in 2004, regulated across multiple jurisdictions including the FCA, NFA, and ASIC, offering over 80 currency pairs, spread betting (UK), and access to MetaTrader, TradingView, and proprietary platforms.

Your capital is at risk. Other fees apply.

FXCM

FXCM

FXCM is a forex and CFD broker founded in 1999, offering 40+ currency pairs, CFDs, crypto CFDs, spread betting for UK clients, and strong algorithmic trading support.

Your capital is at risk. Other fees apply.

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