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

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Trading 212
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74-89% of retail CFD accounts lose money.

FXCM Vs. Trading 212 - Compare and Choose the Right One

Updated Nov 30 2021

Visit

74-89% of retail CFD accounts lose money.

Visit

74-89% 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.

Trading212 is an international broker headquartered in the U.K that specialised in real stocks and ETFs investing or CFD trading.

Best For
  • Professional algorithmic traders looking to benefit from their comprehensive API offering 
  • Passive investors looking to buy stocks or ETFs with their investing account
  • Traders of all levels of experience looking to trade CFDs on shares
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TTBTrust

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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)
  • Broad asset offering in their investing account (more than 10,000 assets)
  • Friendly, smooth and simple proprietary platforms (both web and mobile)
  • Great spreads on stocks and no commissions on investing accounts
The Bad
  • Lack of asset variety in their offering (over 300+ financial instruments)
  • Costly spreads when compared to similar competitors
  • Despite both platforms being beautiful, they are gamified for engagement. Clicking on the buy button on mobile platform will trigger a random order without asking for confirmation
  • No trailing stops
  • Asides from stocks, their asset offering lacks variety
  • Very high forex spreads (1.4 Pips on EUR/USD)
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
Financial Supervision Commission (Bulgaria)
📍 Year Founded
1999 (FXCM Group) 2004
💳 Minimum Deposit
€, £, $ - 50 (Varies by payment method) 1 to 10 €, £
💰 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
Apple Pay
Skrill
iDeal
💵 Account Base Currencies
4 - EUR GBP, USD, CHF. 9 - USD, EUR, GBP, RON, PLN, CHF, SEK, NOK, CZK.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries
RU, US, CA, JP, SK and more. US, CA.
📊 STP Account
No No
📊 DMA Account
No Yes
📊 ECN Account
No No
Assets
📚 Available Assets
Stocks
Cryptos
Commodities
Currencies
Indices
CFDs
Stocks
Currencies
Commodities
ETFs
Indices
CFDs
📙 Stocks
200+ 10,000+ Real stocks / 1526 CFDs
📘 Currency Pairs
39 179
📗 Commodities
11 25
📕 Indices
15 35
📔 ETFs
N/A 1800 Real ETFs / 50 CFDs
💸 Cryptocurrencies

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

N/A
📒 Bonds
N/A N/A
📓 Options
N/A N/A
📗 Futures
N/A N/A
📝 Notes:
All of FXCM's assets are CFDs.

Trading212 provides 2 types of accounts: Stock investing where users can buy real stocks and ETFs and CFDs accounts.

Trading Experience
📈 Minimum Stock Trade Size
1 share Fractional Share trading - 0.1 Units of a share
📉 Minimum ETFs Trade Size
N/A Fractional ETF trading - 0.1 Units of an ETF
📈 Minimum Crypto Trade Size
1 unit of any cryptocurrency N/A
📉 Minimum FX Trade Size
$1000 (0.01 Lots) $500
📈 Minimum Commodities Trade Size
Varies by Commodity (Eg: 1 Troy ounce of Gold) Varies by Commodity (Eg: 0.01 Troy ounce of Gold)
📉 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 Up to 1:30
💪 Professional Leverage
Up to 1:500 (Varies) Up to 1:500
✍ Customisable Leverage
No No
🎲 Deleveraged Trading
No Yes (Investing Account)
🎓 Demo Account
Yes Yes
📱 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 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.

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 No
Spreads
📈 EUR/USD
From 1.2 Pips (As per our research) From 1.4 Pips
📉 SP500
From 58 Pips (As per our research) From 166 Pips
📈 GOLD
From 41 Pips (As per our research) From 30 Pips
📉 TSLA (Stock CFD)
Dynamic - From $1.04 (As per our research) Dynamic - From $0.6
📈 XLK (ETF - CFD)
N/A N/A
📉 BTC
Variable - 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 No
📡 Reuters Feed
No No

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