FXCM
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74-89% of retail CFD accounts lose money.

Vs.

ActivTrades
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80% of retail CFD accounts lose money.

FXCM Vs. ActivTrades - Compare and Choose the Right One

Updated Jan 08 2022

Visit

74-89% of retail CFD accounts lose money.

Visit

80% of retail CFD accounts lose money.

Overview

FXCM is a global brokerage headquartered in the U.K that specialises in both retail and institutional trading with a comprehensive API offering.

ActivTrades is a global broker founded in Switzerland in 2001 that specialises in providing CFDs on stocks, ETFs, currencies, indices, commodities and cryptocurrencies along with their own proprietary platform and MT4 & 5.

Best For
  • Professional algorithmic traders looking to benefit from their comprehensive API offering 
  • Beginner and intermediate traders looking for a simple and powerful platform
  • Experienced currency traders looking to exploit the tight spreads
  • CFD traders looking for an de-leveraged option to trade
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The Good
  • Comprehensive API offering with a variety of conditions and programming languages at no additional cost
  • Proprietary platform (Trading Station)
  • Great and intuitive proprietary platform
  • MT4 and MT5 offered
  • Low currency spreads
The Bad
  • Lack of asset variety in their offering (over 300+ financial instruments)
  • Costly spreads when compared to similar competitors
  • Asset offering is small when compared to similar competitors
  • Commissions are charged
  • Cryptocurrency trading is disabled during weekends
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.

🏛 Financial Regulators
  • ASIC (Australia)
  • CySec (Cyprus)
  • FCA (United Kingdom)
  • FSCA (South Africa)
  • FCA (UK)
  • SCB (Bahamas)
  • CSSF (Luxembourg)
📍 Year Founded
1999 (FXCM Group) 2001
💳 Minimum Deposit
€, £, $ - 50 (Varies by payment method) $500
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill

Skrill and Neteller are not available to FXCM EU clients at the moment

  • Visa
  • Mastercard
  • Neteller
  • Skrill
  • Sofort
  • Bank Transfer
💵 Account Base Currencies
4 - EUR GBP, USD, CHF. 4 - EUR, USD, CHF, GBP.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries
RU, US, CA, JP, SK and more. US, CA, SY, IR.
📊 STP Account
No No
📊 DMA Account
No No
📊 ECN Account
No No
Assets
📚 Available Assets

CFDs on stocks, currencies, commodities, cryptocurrencies and indices

CFDs on stocks, indices, currencies, commodities, ETFs and cryptocurrencies.

📙 Stocks
200+ 1,000+
📘 Currency Pairs
39 50
📗 Commodities
11 16
📕 Indices
15 30
📔 ETFs
N/A 500+
💸 Cryptocurrencies

6 (Cryptocurrencies CFDs are not available to retail clients residing in the UK)

11
📒 Bonds
N/A N/A
📓 Options
N/A N/A
📗 Futures
N/A N/A
📝 Notes:
All of FXCM's assets are CFDs.

All of ActivTrades’s assets are CFDs.

Trading Experience
📈 Minimum Stock Trade Size
1 share Varies per share (Fractional share trading allowed)
📉 Minimum ETFs Trade Size
N/A Varies per ETF (Fractional ETF trading allowed)
📈 Minimum Crypto Trade Size
1 unit of any cryptocurrency $1,000 (0.01 Lots)
📉 Minimum FX Trade Size
$1000 (0.01 Lots) $1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Varies by Commodity (Eg: 1 Troy ounce of Gold) $1,000 (0.01 Lots)
📉 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
Up to 1:30 Up to 1:30
💪 Professional Leverage
Up to 1:500 (Varies) Up to 1:400
✍ Customisable Leverage
No Yes
🎲 Deleveraged Trading
No Yes
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
No Yes
💻 Web trader
Yes Yes
💻 TradingView Platform
Yes Yes
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
Yes No
👫 Social Trading
Yes No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
Yes Yes
Fees
💰 Inactivity Fee

50 units of the account's base currency yearly after 1 year of inactivity.

Yes, $10 monthly after 1 year of inactivity.

💰 Deposit Fees
No

Yes depending on method:

  • Credit and Debit cards have a 1.5% fee
💰 Withdrawal Fees

Yes on bank transfer withdrawals depending on location (from $10 to $40 on local currency).

Yes, only for bank transfer withdrawals (9 GBP each)

💰 Commissions
No

Yes depending on asset:

  • For European shares (excluding London) there are fees of 0.05% of the transaction value (minimum 1€) or 0.01% of the transaction value (minimum 5€)
  • For London shares there are commissions of 0.10% of transaction value (minimum 1£)
  • For New york and other international shares there are commissions of $0.02 per share (minimum $1)

Along specific commissions per asset there can be market data fees such as 1€ monthly for New york exchanges or others.

Spreads
📈 EUR/USD
From 1.2 Pips (As per our research) From 0.5 Pips to 0.91 Pips
📉 SP500
Dynamic - From 58 Pips (As per our research) From 23 Pips to 50 Pips
📈 GOLD
Dynamic - From 41 Pips (As per our research) From 98 Pips
📉 TSLA (Stock CFD)
Dynamic - From $1.04 (As per our research) Dynamic - Market Spread
📈 XLK (ETF - CFD)
N/A Dynamic - Market Spread
📉 BTC
Dynamic - From $51 (As per our research) From $55 to $91
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
Yes No
📡 Reuters Feed
No No

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