FXCM Vs. XTB - Compare and Choose the Right One


Visit 77% of retail CFD accounts lose money.	Visit 79% 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. TheTradingBible.com is acting in a capacity of a marketing affiliate of FXCM EU LTD.	XTB is an international broker specialised in CFD trading and low cost forex spreads.
Best For
Professional algorithmic traders looking to benefit from their comprehensive API offering	Experienced forex traders looking for low spreads Experienced stock traders looking for trading particular stocks under low spreads (with commission)
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) CMNV (Spain) UKNF (Poland)
The Good
Comprehensive API offering with a variety of conditions and programming languages at no additional cost Proprietary platform (Trading Station)	Low forex & stock spreads Professional platform with customisable layouts
The Bad
Lack of asset variety in their offering (over 300+ financial instruments) Costly spreads when compared to similar competitors	No ability to remove or customise leverage High commissions on stocks & ETFs All instruments are CFDs, you can't buy underlying assets (real stocks or cryptocurrencies)
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 (FXCM Group)	2002
💳 Minimum Deposit
€, £, $ - 50 (Varies by payment method)	$, €, £ - 0
💰 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 Sofort Neteller Paypal Skrill
💵 Account Base Currencies
4 - EUR GBP, USD, CHF.	5 - USD, GBP, EUR, PLN, HUF.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
RU, US, CA, JP, SK and more.	US, SY, IR.
📊 STP Account
No	Yes
📊 DMA Account
No	No
📊 ECN Account
No	No
Assets
📚 Available Assets
CFDs on stocks, currencies, commodities, cryptocurrencies and indices	CFDs on stocks, ETFs, commodities, currencies, indices and cryptocurrencies
📙 Stocks
200+	1,877
📘 Currency Pairs
41	57
📗 Commodities
11	21
📕 Indices
16	36
📔 ETFs
N/A	135
💸 Cryptocurrencies
17 (Not for UK Clients)	5
📒 Bonds
N/A	N/A
📓 Options
N/A	N/A
📗 Futures
N/A	N/A
📝 Notes:
All of FXCM's assets are CFDs.	All XTB assets are CFDs.
Trading Experience
📈 Minimum Stock Trade Size
1 share	$50
📉 Minimum ETFs Trade Size
N/A	$50
📈 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: 0.01 Troy ounces 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)	N/A
✍ Customisable Leverage
No	No
🎲 Deleveraged Trading
No	No
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	Yes
📺 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	Yes
Fees
💰 Inactivity Fee
50 units of the account's base currency yearly after 1 year of inactivity.	Yes, $10 a month after 1 year 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	For Stocks and ETFs / 0.08% - $8 Minimum commission
Spreads
📈 EUR/USD
From 1.2 Pips (As per our research)	Dynamic - From 0 to 0.8 Pips
📉 SP500
Dynamic - From 58 Pips (As per our research)	Dynamic - From 50 Pips
📈 GOLD
Dynamic - From 41 Pips (As per our research)	Dynamic - From 35 Pips
📉 TSLA (Stock CFD)
Dynamic - From $1.04 (As per our research)	Dynamic - Market Spread
📈 XLK (ETF - CFD)
N/A	Dynamic - Market Spread
📉 BTC
Dynamic - From $51 (As per our research)	Dynamic - From $120
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	Yes
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
Yes	No
📡 Reuters Feed
No	No