Updated May 13 2022
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 | |
|
|
Licenses | |
![]() Financial Regulation Regulated Top-tier Licenses 2 Other Licenses 2 Provided by |
![]() Financial Regulation Regulated Top-tier Licenses 2 Other Licenses 0 Provided by |
🏛 Financial Regulators | |
The Good | |
|
|
The Bad | |
|
|
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 | |
1999 (FXCM Group) | 2008 |
💳 Minimum Deposit | |
€, £, $ - 50 (Varies by payment method) | 0 |
💰 Payment Methods | |
💵 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 | |
📙 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 |