Markets.com
Visit

70% of retail CFD accounts lose money

Vs.

FXCM
Visit

74-89% of retail CFD accounts lose money.

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

Updated Nov 25 2021

Visit

70% of retail CFD accounts lose money

Visit

74-89% of retail CFD accounts lose money.

Overview

Markets.com is an international broker that offers share dealing and CFD trading accounts through their own proprietary platform or MT4 and MT5.

FXCM is a global brokerage headquartered in the U.K that specialises in both retail and institutional trading with a comprehensive API offering.

Best For
  • 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
  • Professional algorithmic traders looking to benefit from their comprehensive API offering 
Trust

TTBTrust

6.5

Provided by TheTradingBible.com ®

Learn More

TTBTrust

7.7

Provided by TheTradingBible.com ®

Learn More
The Good
  • 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
  • Comprehensive API offering with a variety of conditions and programming languages at no additional cost
  • Proprietary platform (Trading Station)
The Bad
  • Minimum trade sizes larger than average
  • Spreads above average
  • Lack of asset variety in their offering (over 300+ financial instruments)
  • Costly spreads when compared to similar competitors
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
2008 1999 (FXCM Group)
💳 Minimum Deposit
$, €, £ - 100 €, £, $ - 50 (Varies by payment method)
💰 Payment Methods
Visa
Mastercard
Bank Transfer
Neteller
Paypal
Skrill
Visa
Mastercard
Bank Transfer
Neteller
Skrill

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

💵 Account Base Currencies
11 - USD, EUR, GBP, PLN, SEK, DKK, NOK, ZAR, CZK, CHF, AUD. 4 - EUR GBP, USD, CHF.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries
US, JP, CA, BE. RU, US, CA, JP, SK and more.
📊 STP Account
No No
📊 DMA Account
No No
📊 ECN Account
No No
Assets
📚 Available Assets
Stocks
Currencies
Cryptocurrencies
Commodities
ETFs
Indices
Bonds
CFDs
Stocks
Cryptos
Commodities
Currencies
Indices
CFDs
📙 Stocks
7000 Stocks / 2008 Stock CFDs 200+
📘 Currency Pairs
67 39
📗 Commodities
28 11
📕 Indices
40 15
📔 ETFs
66 N/A
💸 Cryptocurrencies
25

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

📒 Bonds
4 N/A
📓 Options
NA N/A
📗 Futures
NA N/A
📝 Notes:
Markets.com also offers share dealing account with real stocks from 16 exchanges worldwide. All of FXCM's assets are CFDs.
Trading Experience
📈 Minimum Stock Trade Size
1 Stock 1 share
📉 Minimum ETFs Trade Size
1 ETF N/A
📈 Minimum Crypto Trade Size
Varies by Crypto (Eg: 0.01 BTC) 1 unit of any cryptocurrency
📉 Minimum FX Trade Size
$1,000 $1000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Varies by Commoditty (Eg: 1 Gold Contract) Varies by Commodity (Eg: 1 Troy ounce of Gold)
📉 Minimum Bonds Trade Size
Varies by Bond (Eg: 10 GER10Y Bond contracts) 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 1:300 Up to 1:500 (Varies)
✍ Customisable Leverage
No No
🎲 Deleveraged Trading
Yes No
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
Yes No
💻 Web trader
Yes Yes
💻 TradingView Platform
No - You can't log in through TradingView but their internal platform uses TradingView Charts Yes
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
No Yes
👫 Social Trading
No Yes
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
No Yes
Fees
💰 Inactivity Fee
Yes, $10 each month after 3 months of inactivity

50 units of the account's base currency yearly after 1 year of inactivity.

💰 Deposit Fees
No No
💰 Withdrawal Fees
No

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

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

By using TheTradingBible.com's website you agree to the use of cookies.