FXCM vs Totality - BrokerCue
BrokerCue

Select your country to see eligible brokers

Account eligibility and broker availability depend on your country of residence. Setting this now allows us to hide brokers that do not accept clients from your country.

Broker Comparison

FXCM vs Totality

Compare FXCM and Totality side by side: fees, regulation, platforms.

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

VS
Totality

Totality

Australian investors and active multi-asset traders

Totality is an Australian multi-asset broker, formerly Saxo Australia, offering stocks, ETFs, bonds, FX, CFDsโ€ฆ

Head-to-head comparison

FXCM vs Totality
Feature FXCM Totality
Minimum deposit - Zero minimum deposit
Stock trading fee - Brokerage from $1 on US stocks; ASX from 0.03%, min. 3 AUD; NYSE from 0.03%, min. 1 USD
Regulators FCA, ASIC, CySEC, FSCA ASIC
Best for Forex and algo traders Australian investors and active multi-asset traders
Markets & account
Stocks
-
ETFs
-
Forex
CFDs
Crypto
Bonds
-
Options
-
Futures
-
Margin
Demo Account
Spread Betting
-
Multi Currency
-
Business Account
-

Pros & cons

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
Totality

Totality

Pros

  • Zero minimum deposit lowers the cash barrier to start
  • No account maintenance or inactivity fees
  • US stock and ETF brokerage starts from $1
  • ASX stocks and ETFs from 0.03%, min. 3 AUD
  • Foreign currency sub-accounts are free to open
  • 11 currency sub-accounts can reduce repeated FX conversions
  • 20-day demo includes a simulated USD 100,000 account
  • Position transfers between Totality sub-accounts are free

Cons

  • Transfers out cost AUD 50 per ISN, capped at AUD 200
  • FX conversion costs up to plus/minus 0.45 percent
  • Saxo-branded platforms were retired on 1 April 2026
  • Some features, such as level 2 market data, require a subscription
  • Classic negative NFE is charged at Totality Ask + 8%
  • Crypto funding and withdrawals are not supported
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.

Totality

Totality

Totality is an Australian multi-asset broker, formerly Saxo Australia, offering stocks, ETFs, bonds, FX, CFDs, futures, options and crypto exposure on web, mobile and desktop platforms.

Your capital is at risk. Other fees apply.

Not the right match?

Line up any two brokers side by side, or browse the full list to find your next platform.