FXCM
FXTM
Our Rating
72
62

Regulations and Licenses

Feature
FXCM
FXTM
ASIC (Australia)
FCA (UK)
FSCA (South Africa)
CYSEC (Cyprus)
CIRO / IIROC (Canada)
CMA (Kenya)
FSC (Mauritius)
Other Regulators

Brokerage

Feature
FXCM
FXTM
EUR/USD Avg. Raw Spread
0.30
0.1
GBP/USD Avg. Raw Spread
0.90
2
AUD/USD Avg. Raw Spread
0.40
0.5
EUR/USD Standard Spread
1.0
2.1
EUR/USD Fixed Spreads
-
GBP/USD Avg. Standard Spread
1.3
2.5
AUD/USD Avg. Standard Spread
0.7
2.1
Commissions (USD Base)
$3.00
$2.00
Minimum Deposit
$300
$500
Swap Free Account
No Inactivity Fees
Funding Methods
8+
13+
No Funding Fees

Markets and Instruments

Feature
FXCM
FXTM
Currency Pairs
42+
63+
Cryptocurrency CFDs*
7+
-
Index CFDs
13+
11+
Share CFDs
15+
180+
Commodities CFD
12+
7+
Stockbroking
10+
Retail Max Leverage (Australia)
Major Pairs 30:1
Minor Pairs 20:1
30:1
Pro. Max Leverage (Australia)
200:1
300:1
Retail Max. Leverage (United Kingdom)
Major Pairs 30:1
Minor Pairs 20:1
30:1
Pro. Max. Leverage (United Kingdom)
200:1
300:1
Retail Max. Leverage (Europe)
Major Pairs 30:1
Minor Pairs 20:1
30:1
Pro. Max. Leverage (Europe)
200:1
300:1
Retail Max. Leverage (UAE)
-
30:1
Pro. Max. Leverage (UAE)
-
300:1
Retail Max. Leverage (Canada)
Major Pairs: 50:1
Minor Pairs: 33:1
-
Retail Max. Leverage (New Zealand)
Balance:
0-50k 400:1
50k+ 200:1
-

*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations
*CFD trading is not available in the USA due to NFA and CFTC regulations, American traders spot trade in place of CFDs.

Trading Platforms + Tools

Feature
FXCM
FXTM
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Demo Account

Overall

FXCM
FXTM
Our Rating
72
62
 

Our full comparison covers the 10 most important trading factors. Here are five dot points highlighting the most noticeable differences between FXCM and FXTM:

  • FXCM offers a raw spread of 0.30 for EUR/USD, while FXTM offers a raw spread of 0.0.
  • The minimum deposit for FXCM is $50, whereas for FXTM, it’s $10.
  • FXCM provides 7+ cryptocurrency CFDs, while FXTM does not offer any.
  • FXCM’s maximum leverage for major pairs in Australia is 30:1, while FXTM offers the same leverage.
  • FXCM offers two types of trading accounts, while FXTM provides six different trading accounts.