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FXCM Alternatives

May 09, 2022
Last modified May 12, 2022

Here are the top nine alternatives to FXCM.

Whether you are just starting on your trading journey, or simply in the market for a new broker, we’re here to help.

There are a lot of brokers out there, and our Alternatives tool is designed to give you options; pick any broker, and we can show you other highly rated brokers that offer a similar range of features.

Trust Score Year Founded Publicly Traded (Listed) MetaTrader 4 (MT4) MetaTrader 5 (MT5) Proprietary Platform Social Trading / Copy Trading Tradeable Symbols (Total) Forex Pairs (Total) Average Spread EUR/USD - Standard All-in Cost EUR/USD - Active
96 1999 Yes Yes No Yes Yes 276 42 1.4 (Q2 2020) 1.1 (Q2 2020)

Best Broker Alternatives for FXCM

We’ve researched the best brokers in the business, collecting thousands of data points along the way. Using our proprietary research and data collection methods, we’ve determined that the following brokers are the best alternatives for FXCM:

  • FXCM - 8.3/10 Overall
Overall Rating
8.3 / 10
Minimum Deposit
Starts from $50
Trust Score
Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust.close
Highly Trusted
Cost & Fundingexpand_moreexpand_less
Average Spread EUR/USD - Standard1.4 (Q2 2020)
All-in Cost EUR/USD - Active1.1 (Q2 2020)
PayPal (Deposit/Withdraw)No
Skrill (Deposit/Withdraw)Yes
Visa/Mastercard (Credit/Debit)Yes
Year Founded1999
Publicly Traded (Listed)Yes
Tier-1 Licenses3
Tier-2 Licenses3
Investment Optionsexpand_moreexpand_less
Forex TradingNo
Trading - Forex or CFDsYes
Tradeable Symbols (Total)276
Forex Pairs (Total)42
Trading Platformsexpand_moreexpand_less
Virtual Trading (Demo)Yes
MetaTrader 4 (MT4)Yes
MetaTrader 5 (MT5)No
Proprietary PlatformYes
Social Trading / Copy TradingYes
Charting - Indicators / Studies (Total)57
Apps & Toolsexpand_moreexpand_less
Android AppYes
Apple iOS AppYes
Has Education - Forex or CFDsYes
Daily Market CommentaryYes
Forex News (Top-Tier Sources)Yes
Economic CalendarYes

About the Author

At BrokerNotes, our mission is to simplify the process of finding and comparing reputable brokers online. To achieve this, we follow a three-step process. For a broker to be eligible to be listed on our website, they must pass three tests designed to eliminate brokers that may not be reliable or trustworthy.