FXCM Vs. easyMarkets - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit 77% of retail CFD accounts lose money.	Visit 61% 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. **The below information is provided based on FXCM EU LTD. For other FXCM entities, please go to the corresponding FXCM website for more information. TheTradingBible.com is acting in a capacity of marketing affiliate for FXCM EU LTD.	Founded in 2001, easyMarkets offers three types of accounts – VIP, Premium and Standard – with fixed spreads for its Web, App and MT4 platforms.
Best For
Professional algorithmic traders looking to benefit from their comprehensive API offering.	Forex traders who want transparent trades with fixed spreads Traders who want access to higher leverage with its global entities
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 1 Other Licenses 3 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
ASIC (Australia) CySec (Cyprus) FCA (United Kingdom) FSCA (South Africa)	CySec (Cyprus) FSAS (Seychelles) FSC (British Virgin Islands) ASIC (Australia)
The Good
Comprehensive API offering with a variety of conditions and programming languages at no additional cost Proprietary platform (Trading Station)	Low minimum deposit required for standard accounts No fees or commissions Clear trading conditions with fixed spreads Offers free guaranteed stop loss
The Bad
Lack of asset variety in their offering (over 463+ financial instruments) Costly spreads when compared to similar competitors	Asset offering isn’t that comprehensive There is no possibility of buying real stocks or ETFS Limited trading hours
Status
Operational	Operational
Recent News
No fresh news at the moment. Check again soon!	No fresh news at the moment. Check again soon!
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	2001
💳 Minimum Deposit Range
$50	$25 for Standard account, $2,000 for premium and $10,000 for VIP
💰 Payment Methods
Visa Mastercard Bank Transfer Neteller Skrill	Visa Mastercard American Express Maestro JCB Skrill Neteller AstroPay Sofort giropay Ideal Bank transfer BPay Fasapay Sticpay WebMoney bitwallet Perfect Money
💵 Account Base Currencies
4 - EUR GBP, USD, CHF.	19 - EUR, CAD, CZK, JPY, NZD, USD, SGD, CHF, GBP, MXN, AUD, PLN, TRY, CNY, HKD, NOK, SEK, ZAR, BTC.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
RU, US, CA, JP, SK, BE and more.	US, IL, CA, AF, AI, BI, KY, KY, TD, CD, CG, DM, GQ, FJ, GW, HY, HN, IR, IQ, LA, MZ, MM, NI, KP, PW, PA, SO, SS, SD, SY, TT, TM, VU, VE, YE.
📊 STP Account
No	No
📊 DMA Account
No	No
📊 ECN Account
No	No
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	CFDs
Total Asset Offering
447	196
Exchange Access
0	0
📙 Real Stocks
0	0
📙 Stock CFDs
341	64
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
41	62
📗 Commodities
0	0
📗 Commodities CFDs
14	17
📕 Indices
0	0
📕 Indices CFDs
19	13
📔 ETFs
0	0
📔 ETFs CFDs
0	0
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
22	17
📒 Bonds
0	0
📒 Bonds CFDs
10	0
📓 Options
0	0
📓 Options CFDs
0	23
📗 Futures
0	0
📗 Futures CFDs
0	0
Trading Experience
📈 Minimum Stock Trade Size
1 Share	Varies per stock (Eg: AMZN 0.05, APPL 0.25)
📉 Minimum ETFs Trade Size
Unavailable	Unavailable
📈 Minimum Crypto Trade Size
1 Unit	$2,500 (0.025 Lots)
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	$2,500 (0.025 Lots)
📈 Minimum Commodities Trade Size
Varies by Commodity (Eg: 1 Troy ounce of Gold)	Varies per commodity (Eg: $25 for WTI, $75 for XAG)
📉 Minimum Bonds Trade Size
Unavailable	Unavailable
📈 Minimum Futures Trade Size
Unavailable	Unavailable
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
30	30
💪 Professional Leverage
400	500
✍ Customisable Leverage
No	Yes
🎲 Deleveraged Trading
No	No
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	Yes
📺 MetaTrader 5
No	No
📺 cTrader
No	No
💻 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	Yes
🔨 Trailing Stop-loss
Yes	No
Fees
💰 Inactivity Fee
50 units of the account's base currency yearly after 1 year of inactivity.	None
💰 Deposit Fees
Yes on bank transfer withdrawals depending on location (from $10 to $40 on local currency).	None
💰 Withdrawal Fees
None	None
💰 Commissions
None	None
Spreads
📈 EUR/USD
Dynamic - From 1.2 Pips	Fixed - Based on Account Type (From 0.7 to 1.7 Pips)
📉 SP500
Dynamic - From 58 Pips	Fixed - 150 Pips
📈 GOLD
Dynamic - From 41 Pips	Fixed - Based on Account Type (From 5 Pips to 30 Pips)
📉 TSLA (Stock CFD)
Dynamic - From $1.04	Fixed - $13
📈 XLK (ETF - CFD)
Unavailable	Unavailable
📉 BTC
Dynamic - From $51	Fixed - $100
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
Yes	Yes
📡 Reuters Feed
No	No
📡 Educational Content
Yes	No
📡 Live Chat Support
Yes	No
📡 Video Tutorials
No	No
📡 Account Management
No	Yes
📡 Webinars
No	No