FXCM Vs. Markets.com - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit 77% of retail CFD accounts lose money.	Visit 68% 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.	Markets.com is an international broker that offers share dealing and CFD trading accounts through their own proprietary platform or MT4 and MT5.
Best For
Professional algorithmic traders looking to benefit from their comprehensive API offering.	Passive investors looking for share dealing services with the intent to hold shares over long perios of time High volume CFD traders looking for exposure to several markets using their platform, MT4 or MT5
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 2 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
ASIC (Australia) CySec (Cyprus) FCA (United Kingdom) FSCA (South Africa)	CySec (Cyprus) FCA (UK) ASIC (Australia) FSCA (South Africa)
The Good
Comprehensive API offering with a variety of conditions and programming languages at no additional cost Proprietary platform (Trading Station)	Clear separation between investors and Traders by offering share dealing accounts and CFD trading accounts Wide range of platforms (Proprietary, MT4, MT5) Wide range of stocks and stock CFDs
The Bad
Lack of asset variety in their offering (over 463+ financial instruments) Costly spreads when compared to similar competitors	Minimum trade sizes larger than average Spreads above average
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	2008
💳 Minimum Deposit Range
$50	$100
💰 Payment Methods
Visa Mastercard Bank Transfer Neteller Skrill	Visa Mastercard Bank Transfer Neteller Paypal Skrill
💵 Account Base Currencies
4 - EUR GBP, USD, CHF.	11 - USD, EUR, GBP, PLN, SEK, DKK, NOK, ZAR, CZK, CHF, AUD.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
RU, US, CA, JP, SK, BE and more.	US, JP, CA, BE.
📊 STP Account
No	No
📊 DMA Account
No	Yes
📊 ECN Account
No	No
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	Hybrid
Total Asset Offering
447	9,646
Exchange Access
0	0
📙 Real Stocks
0	7,008
📙 Stock CFDs
341	2,008
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
41	67
📗 Commodities
0	0
📗 Commodities CFDs
14	28
📕 Indices
0	0
📕 Indices CFDs
19	40
📔 ETFs
0	0
📔 ETFs CFDs
0	466
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
22	25
📒 Bonds
0	0
📒 Bonds CFDs
10	4
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
0	0
Trading Experience
📈 Minimum Stock Trade Size
1 Share	1 Share
📉 Minimum ETFs Trade Size
Unavailable	1 ETF
📈 Minimum Crypto Trade Size
1 Unit	Varies by Crypto (Eg: 0.01 BTC)
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Varies by Commodity (Eg: 1 Troy ounce of Gold)	Varies by Commoditty (Eg: 1 Gold Contract)
📉 Minimum Bonds Trade Size
Unavailable	Varies by Bond (Eg: 10 GER10Y Bond contracts)
📈 Minimum Futures Trade Size
Unavailable	Unavailable
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
30	30
💪 Professional Leverage
400	300
✍ Customisable Leverage
No	No
🎲 Deleveraged Trading
No	Yes
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	Yes
📺 MetaTrader 5
No	Yes
📺 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	No
🔨 Trailing Stop-loss
Yes	No
Fees
💰 Inactivity Fee
50 units of the account's base currency yearly after 1 year of inactivity.	$10 each month after 3 months of inactivity.
💰 Deposit Fees
Yes on bank transfer withdrawals depending on location (from $10 to $40 on local currency).	None
💰 Withdrawal Fees
None	None
💰 Commissions
None	No comissions on CFDs. For share dealing, the first 3 months are commission free, then the structure is: EU Shares = 0.1% (min €10) UK Shares = 0.1% (min £8) US Shares = 2c (min $15) AU Shares = 0.1% (min A$10)
Spreads
📈 EUR/USD
Dynamic - From 1.2 Pips	Dynamic - From 0.7 Pips
📉 SP500
Dynamic - From 58 Pips	Dynamic - From 100 Pips
📈 GOLD
Dynamic - From 41 Pips	Dynamic - From 50 Pips
📉 TSLA (Stock CFD)
Dynamic - From $1.04	Dynamic - From $1.81
📈 XLK (ETF - CFD)
Unavailable	Dynamic - From $0.31
📉 BTC
Dynamic - From $51	Dynamic - From $104.10
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	Yes
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
Yes	No
📡 Reuters Feed
No	No
📡 Educational Content
Yes	No
📡 Live Chat Support
Yes	Yes
📡 Video Tutorials
No	No
📡 Account Management
No	No
📡 Webinars
No	No