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

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Markets.com
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70% of retail CFD accounts lose money

FXCM Vs. Markets.com - Compare and Choose the Right One

Updated Nov 30 2021

Visit

74-89% of retail CFD accounts lose money.

Visit

70% 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.

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
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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)
  • 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 300+ financial instruments)
  • Costly spreads when compared to similar competitors
  • Minimum trade sizes larger than average
  • Spreads above average
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
Cyprus Securities and Exchange Commission
Financial Conduct Authority
Australian Securities and Investments Commission
Financial Sector Conduct Authority
Cyprus Securities and Exchange Commission
Financial Conduct Authority
Australian Securities and Investments Commission
Financial Sector Conduct Authority
📍 Year Founded
1999 (FXCM Group) 2008
💳 Minimum Deposit
€, £, $ - 50 (Varies by payment method) $, €, £ - 100
💰 Payment Methods
Visa
Mastercard
Bank Transfer
Neteller
Skrill

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

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 and more. US, JP, CA, BE.
📊 STP Account
No No
📊 DMA Account
No No
📊 ECN Account
No No
Assets
📚 Available Assets
Stocks
Cryptos
Commodities
Currencies
Indices
CFDs
Stocks
Currencies
Cryptocurrencies
Commodities
ETFs
Indices
Bonds
CFDs
📙 Stocks
200+ 7000 Stocks / 2008 Stock CFDs
📘 Currency Pairs
39 67
📗 Commodities
11 28
📕 Indices
15 40
📔 ETFs
N/A 66
💸 Cryptocurrencies

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

25
📒 Bonds
N/A 4
📓 Options
N/A NA
📗 Futures
N/A NA
📝 Notes:
All of FXCM's assets are CFDs. Markets.com also offers share dealing account with real stocks from 16 exchanges worldwide.
Trading Experience
📈 Minimum Stock Trade Size
1 share 1 Stock
📉 Minimum ETFs Trade Size
N/A 1 ETF
📈 Minimum Crypto Trade Size
1 unit of any cryptocurrency Varies by Crypto (Eg: 0.01 BTC)
📉 Minimum FX Trade Size
$1000 (0.01 Lots) $1,000
📈 Minimum Commodities Trade Size
Varies by Commodity (Eg: 1 Troy ounce of Gold) Varies by Commoditty (Eg: 1 Gold Contract)
📉 Minimum Bonds Trade Size
N/A Varies by Bond (Eg: 10 GER10Y Bond contracts)
📈 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 1:300
✍ 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
💻 Web trader
Yes Yes
💻 TradingView Platform
Yes No - You can't log in through TradingView but their internal platform uses TradingView Charts
💻 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.

Yes, $10 each month after 3 months of inactivity
💰 Deposit Fees
No No
💰 Withdrawal Fees

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

No
💰 Commissions
No 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
From 1.2 Pips (As per our research) 0.7 Pips
📉 SP500
From 58 Pips (As per our research) 100 Pips
📈 GOLD
From 41 Pips (As per our research) 50 Pips
📉 TSLA (Stock CFD)
Dynamic - From $1.04 (As per our research) $1.81
📈 XLK (ETF - CFD)
N/A $0.31
📉 BTC
Variable - From $51 (As per our research) $104.10
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No, but Investment Strategy Builder is offered
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
Yes No
📡 Reuters Feed
No No

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