Coinbase Vs. FXCM - Compare and Choose the Right One


Visit Investing in cryptocurrencies involves risk.	Visit 74-89% of retail CFD accounts lose money.
Overview
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
Inexperienced cryptocurrency investors Long term cryptocurrency holders Investors meeting the above two conditions and also satisfied with the cryptocurrency offering they provide Seasoned investors and traders looking to explore the Coinbase Pro option for better pricing.	Professional algorithmic traders looking to benefit from their comprehensive API offering
Licenses
Financial Licenses Regulation Unregulated Top-tier Licenses 0 Other Licenses 0 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 2 Other Licenses 2 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
Registered as an electronic payments provider in countries where required to operate, yet they don’t require traditional brokerage regulation.	ASIC (Australia) CySec (Cyprus) FCA (United Kingdom) FSCA (South Africa)
The Good
Extremely simple and friendly interfaces Moderate variety of cryptocurrencies Independent wallet application Option to choose from standard Coinbase or Coinbase Pro Coinbase debit card (for eligible countries) to spend and manage your cryptocurrencies	Comprehensive API offering with a variety of conditions and programming languages at no additional cost Proprietary platform (Trading Station)
The Bad
Extremely high fees for cryptocurrency transactions (especially on standard app) Low variety of cryptocurrencies to trade when compared to leading exchanges	Lack of asset variety in their offering (over 300+ financial instruments) Costly spreads when compared to similar competitors
Status
Operational	Operational
Recent News
N/A	N/A
Key Data
⌛ Account Opening Time
1 Day	1 Day
📋 Documents Required
Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.	Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) 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
Visa Mastercard Bank Transfers Paypal	Visa Mastercard Bank Transfer Neteller Skrill Skrill and Neteller are not available to FXCM EU clients at the moment
💵 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
Coinbase provides only real cryptocurrencies.	CFDs on stocks, currencies, commodities, cryptocurrencies and indices
📙 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