FXCM Vs. DEGIRO - Compare and Choose the Right One


Visit 74-89% of retail CFD accounts lose money.	Visit Investing involves risk of loss.
Overview
FXCM is a global brokerage headquartered in the U.K that specialises in both retail and institutional trading with a comprehensive API offering.	DEGIRO is a European leading stock broker providing access to more than 50 stock exchanges around the world with low commissions per trade and a simple to use platform.
Best For
Professional algorithmic traders looking to benefit from their comprehensive API offering	Investors from all experience levels looking to buy real shares, funds or ETFs for the long term Active traders that look to access the large variety of exchanges offered
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 2 Other Licenses 2 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 2 Other Licenses 0 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
ASIC (Australia) CySec (Cyprus) FCA (United Kingdom) FSCA (South Africa)	BaFin (Germany) AFM (Netherlands)
The Good
Comprehensive API offering with a variety of conditions and programming languages at no additional cost Proprietary platform (Trading Station)	No conflicts of interest between DEGIRO and its customers Virtually unlimited asset offering from 50 exchanges across the globe Low fees when compared to traditional banking alternatives
The Bad
Lack of asset variety in their offering (over 300+ financial instruments) Costly spreads when compared to similar competitors	Credit card deposits are not available Simplistic platforms with not many features Fees are expensive when compared to commission free brokers
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
1999 (FXCM Group)	2008
💳 Minimum Deposit
€, £, $ - 50 (Varies by payment method)	0
💰 Payment Methods
Visa Mastercard Bank Transfer Neteller Skrill Skrill and Neteller are not available to FXCM EU clients at the moment	Bank Transfer Paypal
💵 Account Base Currencies
4 - EUR GBP, USD, CHF.	3 - USD, GBP, EUR.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
RU, US, CA, JP, SK and more.	DEGIRO only provides services to citizens of Czech Republic, Spain, Ireland, Norway, Poland, Sweden, Denmark, Greece, Italy, Portugal, Switzerland, Germany, France, Netherlands, Finland and the United Kingdom. The rest of the countries worldwide are not able to use DEGIRO's services.
📊 STP Account
No	No
📊 DMA Account
No	Yes
📊 ECN Account
No	No
Assets
📚 Available Assets
CFDs on stocks, currencies, commodities, cryptocurrencies and indices	Real stocks, ETFs, bonds and options.
📙 Stocks
200+	Availability from 30 global exchanges.
📘 Currency Pairs
39	N/A
📗 Commodities
11	N/A
📕 Indices
15	N/A
📔 ETFs
N/A	Availability from 20 Exchanges (Europe, Asia, Oceania)
💸 Cryptocurrencies
6 (Cryptocurrencies CFDs are not available to retail clients residing in the UK)	N/A
📒 Bonds
N/A	Availability from 7 European exchanges.
📓 Options
N/A	Availability from 11 Global Exchanges.
📗 Futures
N/A	Availability from 13 Global Exchanges.
📝 Notes:
All of FXCM's assets are CFDs.	DEGIRO is a traditional DMA broker, which means you buy or sell real shares upon availability from stock exchanges across the globe. Their asset offering is virtually unlimited as it depends on exchange's availability.
Trading Experience
📈 Minimum Stock Trade Size
1 share	N/A
📉 Minimum ETFs Trade Size
N/A	N/A
📈 Minimum Crypto Trade Size
1 unit of any cryptocurrency	N/A
📉 Minimum FX Trade Size
$1000 (0.01 Lots)	N/A
📈 Minimum Commodities Trade Size
Varies by Commodity (Eg: 1 Troy ounce of Gold)	N/A
📉 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	N/A
💪 Professional Leverage
Up to 1:500 (Varies)	N/A
✍ Customisable Leverage
No	N/A
🎲 Deleveraged Trading
No	Yes
🎓 Demo Account
Yes	No
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	No
📺 MetaTrader 5
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
Yes	No
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
Yes	No
👬 Copy Trading
Yes	No
👫 Social Trading
Yes	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
Yes	No
Fees
💰 Inactivity Fee
50 units of the account's base currency yearly after 1 year of inactivity.	No
💰 Deposit Fees
No	No
💰 Withdrawal Fees
Yes on bank transfer withdrawals depending on location (from $10 to $40 on local currency).	No
💰 Commissions
No	Yes and varies per asset and exchange, eg: If you were to purchase £2,000 worth of Apple shares at a price of $300 your total commission would have been £0.44.
Spreads
📈 EUR/USD
From 1.2 Pips (As per our research)	N/A
📉 SP500
Dynamic - From 58 Pips (As per our research)	N/A
📈 GOLD
Dynamic - From 41 Pips (As per our research)	N/A
📉 TSLA (Stock CFD)
Dynamic - From $1.04 (As per our research)	N/A
📈 XLK (ETF - CFD)
N/A	N/A
📉 BTC
Dynamic - From $51 (As per our research)	N/A
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
Yes	Yes
📡 Reuters Feed
No	No