Updated May 13 2022
Overview | |
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Coinbase is a cryptocurrency exchange and wallet founded in 2012 with the aim of simplifying cryptocurrency transactions for the average user. Through their mobile and web app they allow purchasing, storing, receiving and sending several real cryptocurrencies. |
FXCM is a global brokerage headquartered in the U.K that specialises in both retail and institutional trading with a comprehensive API offering. |
Best For | |
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Licenses | |
![]() Financial Regulation Unregulated Top-tier Licenses 0 Other Licenses 0 Provided by |
![]() Financial Regulation Regulated Top-tier Licenses 2 Other Licenses 2 Provided by |
🏛 Financial Regulators | |
The Good | |
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The Bad | |
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Status | |
Operational | Operational |
Recent News | |
N/A | N/A |
Key Data | |
⌛ Account Opening Time | |
1 Day | 1 Day |
📋 Documents Required | |
All documents must be under the account holder's name. |
All documents must be under the account holder's name. |
📍 Year Founded | |
2012 | 1999 (FXCM Group) |
💳 Minimum Deposit | |
0 | €, £, $ - 50 (Varies by payment method) |
💰 Payment Methods | |
💵 Account Base Currencies | |
All available cryptocurrencies. | 4 - EUR GBP, USD, CHF. |
🗽 Available to U.S Citizens | |
Yes | No |
❌ Restricted Countries | |
None | RU, US, CA, JP, SK and more. |
📊 STP Account | |
No | No |
📊 DMA Account | |
No | No |
📊 ECN Account | |
No | No | Assets |
📚 Available Assets | |
📙 Stocks | |
N/A | 200+ |
📘 Currency Pairs | |
N/A | 39 |
📗 Commodities | |
N/A | 11 |
📕 Indices | |
N/A | 15 |
📔 ETFs | |
N/A | N/A |
💸 Cryptocurrencies | |
110+ | 6 (Cryptocurrencies CFDs are not available to retail clients residing in the UK) |
📒 Bonds | |
N/A | N/A |
📓 Options | |
N/A | N/A |
📗 Futures | |
N/A | N/A |
📝 Notes: | |
Coinbase is a traditional cryptocurrency wallet and exchange, meaning that all cryptocurrencies purchased are real ones and not financial derivatives. |
All of FXCM's assets are CFDs. | Trading Experience |
📈 Minimum Stock Trade Size | |
N/A | 1 share |
📉 Minimum ETFs Trade Size | |
N/A | N/A |
📈 Minimum Crypto Trade Size | |
$2 | 1 unit of any cryptocurrency |
📉 Minimum FX Trade Size | |
N/A | $1000 (0.01 Lots) |
📈 Minimum Commodities Trade Size | |
N/A | Varies by Commodity (Eg: 1 Troy ounce of Gold) |
📉 Minimum Bonds Trade Size | |
N/A | N/A |
📈 Minimum Futures Trade Size | |
N/A | N/A |
📉 Minimum Options Trade Size | |
N/A | N/A |
💪 Retail Leverage | |
N/A | Up to 1:30 |
💪 Professional Leverage | |
N/A | Up to 1:500 (Varies) |
✍ Customisable Leverage | |
No | No |
🎲 Deleveraged Trading | |
Yes | No |
🎓 Demo Account | |
No | Yes |
📱 IOS App | |
Yes | Yes |
📱 Android App | |
Yes | Yes |
📺 MetaTrader 4 | |
No | Yes |
📺 MetaTrader 5 | |
No | No |
💻 Web trader | |
Yes | Yes |
💻 TradingView Platform | |
No | Yes |
💻 Proprietary Platform | |
Yes | Yes |
📊 Multi-chart Tools | |
No | Yes |
👬 Copy Trading | |
No | Yes |
👫 Social Trading | |
No | Yes |
🔑 Guaranteed Stop-loss | |
No | No |
🔨 Trailing Stop-loss | |
No | Yes | Fees |
💰 Inactivity Fee | |
No | 50 units of the account's base currency yearly after 1 year of inactivity. |
💰 Deposit Fees | |
No | No |
💰 Withdrawal Fees | |
No | Yes on bank transfer withdrawals depending on location (from $10 to $40 on local currency). |
💰 Commissions | |
Yes, from 0.50% up to 2.0% of transaction values on Coinbase Standard. |
No | Spreads |
📈 EUR/USD | |
N/A | From 1.2 Pips (As per our research) |
📉 SP500 | |
N/A | Dynamic - From 58 Pips (As per our research) |
📈 GOLD | |
N/A | Dynamic - From 41 Pips (As per our research) |
📉 TSLA (Stock CFD) | |
N/A | Dynamic - From $1.04 (As per our research) |
📈 XLK (ETF - CFD) | |
N/A | N/A |
📉 BTC | |
Dynamic - From 0.50% up to 2.0% | Dynamic - From $51 (As per our research) | Research and Analysis |
⭐ Watchlists | |
Yes | Yes |
🔭 Stock Screener | |
No | No |
🗓 Economic Calendar | |
No | Yes |
📜 Integrated Newsfeed | |
Yes | Yes |
📡 Reuters Feed | |
No | No |