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 - Standard	1.4 (Q2 2020)
All-in Cost EUR/USD - Active	1.1 (Q2 2020)
PayPal (Deposit/Withdraw)	No
Skrill (Deposit/Withdraw)	Yes
Visa/Mastercard (Credit/Debit)	Yes

Regulationexpand_moreexpand_less

Year Founded	1999
Publicly Traded (Listed)	Yes
Bank	No
Tier-1 Licenses	3
Tier-2 Licenses	3

Investment Optionsexpand_moreexpand_less

Forex Trading	No
Trading - Forex or CFDs	Yes
Tradeable Symbols (Total)	276
Forex Pairs (Total)	42
Bitcoin	Yes

Trading Platformsexpand_moreexpand_less

Virtual Trading (Demo)	Yes
MetaTrader 4 (MT4)	Yes
MetaTrader 5 (MT5)	No
Proprietary Platform	Yes
Social Trading / Copy Trading	Yes
Charting - Indicators / Studies (Total)	57

Apps & Toolsexpand_moreexpand_less

Android App	Yes
Apple iOS App	Yes
Has Education - Forex or CFDs	Yes
Daily Market Commentary	Yes
Forex News (Top-Tier Sources)	Yes
Economic Calendar	Yes

About the Author

BrokerNotes.co

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.