Valutrades Vs. FXCM - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit 82% of retail CFD accounts lose money.	Visit 77% of retail CFD accounts lose money.
Overview
Established in 2012, Valutrades offers 70 plus currencies pairs, commodities and indices trading for beginner and advanced traders through its MT4, MT5 and ECN accounts. It doesn’t offer equities trading.	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.
Best For
Currency traders looking for an ECN broker Professional currency traders looking for an API offering Traders looking for a narrow range of commodities, cryptocurrencies	Professional algorithmic traders looking to benefit from their comprehensive API offering.
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 1 Other Licenses 1 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
FSAS (Seychelles) FCA (UK)	ASIC (Australia) CySec (Cyprus) FCA (United Kingdom) FSCA (South Africa)
The Good
Scalping is allowed (great for professional traders) Competitive commissions of $3 per lot round turn Access to ECN or DMA accounts	Comprehensive API offering with a variety of conditions and programming languages at no additional cost Proprietary platform (Trading Station)
The Bad
Asset offering is poor (only 80 instruments and no stocks or ETFs) Doesn’t have its on trading application	Lack of asset variety in their offering (over 463+ financial instruments) Costly spreads when compared to similar competitors
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
2012	1999
💳 Minimum Deposit Range
0	$50
💰 Payment Methods
Visa Mastercard Maestro American Express AstroPay Diners SticPay PayPal Skrill Neteller e-wallets Wire transfers Giropay iDEAL JCB Klarna POLiPaysafecard Przelwy24 Rapid Transfer AliPay	Visa Mastercard Bank Transfer Neteller Skrill
💵 Account Base Currencies
13 - AUD, CAD, CHF, EUR, GBP, HKD, JPY, NOK, NZD,SGD, SEK, USD, ZAR	4 - EUR GBP, USD, CHF.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, IR, SY.	RU, US, CA, JP, SK, BE and more.
📊 STP Account
No	No
📊 DMA Account
Yes	No
📊 ECN Account
Yes	No
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	CFDs
Total Asset Offering
133	447
Exchange Access
0	0
📙 Real Stocks
0	0
📙 Stock CFDs
0	341
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
73	41
📗 Commodities
0	0
📗 Commodities CFDs
5	14
📕 Indices
0	0
📕 Indices CFDs
25	19
📔 ETFs
0	0
📔 ETFs CFDs
0	0
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
4	22
📒 Bonds
0	0
📒 Bonds CFDs
0	10
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
26	0
Trading Experience
📈 Minimum Stock Trade Size
Unavailable	1 Share
📉 Minimum ETFs Trade Size
Unavailable	Unavailable
📈 Minimum Crypto Trade Size
Varies per cryptocurrency (eg: 0.01 BTC)	1 Unit
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Varies per commodity (eg: 0.01 Contracts of Gold)	Varies by Commodity (Eg: 1 Troy ounce of Gold)
📉 Minimum Bonds Trade Size
Unavailable	Unavailable
📈 Minimum Futures Trade Size
Unavailable	Unavailable
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
30	30
💪 Professional Leverage
500	400
✍ Customisable Leverage
No	No
🎲 Deleveraged Trading
No	No
🎓 Demo Account
Yes	Yes
📱 IOS App
No	Yes
📱 Android App
No	Yes
📺 MetaTrader 4
Yes	Yes
📺 MetaTrader 5
Yes	No
📺 cTrader
No	No
💻 Web trader
No	Yes
💻 TradingView Platform
No	Yes
💻 Proprietary Platform
No	Yes
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
Yes	Yes
👫 Social Trading
No	Yes
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
Yes	Yes
Fees
💰 Inactivity Fee
Three free withdrawals a month, then 5% processing fee.	50 units of the account's base currency yearly after 1 year of inactivity.
💰 Deposit Fees
None	Yes on bank transfer withdrawals depending on location (from $10 to $40 on local currency).
💰 Withdrawal Fees
None	None
💰 Commissions
Yes (Eg: Forex commission of $3 per side with ECN account).	None
Spreads
📈 EUR/USD
Dynamic - From 0.1 Pips	Dynamic - From 1.2 Pips
📉 SP500
Dynamic - From 34 Pips	Dynamic - From 58 Pips
📈 GOLD
Dynamic - From 22 Pips	Dynamic - From 41 Pips
📉 TSLA (Stock CFD)
Unavailable	Dynamic - From $1.04
📈 XLK (ETF - CFD)
Unavailable	Unavailable
📉 BTC
Dynamic - From $90	Dynamic - From $51
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	Yes
📡 Reuters Feed
No	No
📡 Educational Content
No	Yes
📡 Live Chat Support
No	Yes
📡 Video Tutorials
No	No
📡 Account Management
No	No
📡 Webinars
No	No