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FXCM vs FxPro
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Compare FXCM vs FxPro Side by Side
Trying to choose between FXCM vs FxPro, but can’t decide which Broker is better Broker for your trading strategy? We made a detailed comparison between FXCM Review and FxPro Review, compared safety and licenses, trading conditions with fees, trading platforms, instruments, deposit & withdrawal conditions, and all the essential details compared side by side.
Summary
| Feature | FXCM | FxPro |
|---|---|---|
| Website | //www.fxcm.com | //www.fxpro.com |
| Founded year | 1999 | 2006 |
| Headquarter | UK | UK |
| Licenses | UK, Australia, South Africa | UK, Cyprus, South Africa, Bahamas, Mauritius |
| Minimum Deposit | US$50 | 100 US$ |
| Trading Platforms | MT4, Trading Station, ZuluTrade, TradingView, Ninja Trader, Capitalise AI | MT4, MT5, cTrader, FxPro Edge |
| Eurusd avg Spread | 1.3 pips | 0.9 pips |
Licenses
| Feature | FXCM | FxPro |
|---|---|---|
| Licenses Countries Info (short) |
|
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Both FXCM vs FxPro have headquarters and are regulated in the UK (UK forex brokers). Of course, both brokers have other licenses, however, the advantage is with FXCM for holding a top-tier license in Australia.
Broker Types
| Feature | FXCM | FxPro |
|---|---|---|
| Broker types |
|
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Both brokers operate ECN (Check ECN brokers), STP/NDD Broker, which is good for price transparency and offering high efficiency for automated trading and a variety of strategies suitable for both retail or institutional traders
Trading Conditions
| Feature | FXCM | FxPro |
|---|---|---|
| Trading Conditions |
|
|
FXCM vs FxPro provide quite similar trading conditions both offering low spreads and all strategies allowed, suitable for all type of traders beginners, advanced or professional traders. However, FXCM is also offering auto and copy trading which is a huge advantage for the traders, especially the beginning ones.
Fees & Commissions
| Fees & Commissions | FXCM | FxPro |
|---|---|---|
| Inactivity Feemonth | 0 $ | 15 $ |
| Deposit fee | 0 $ | 0 $ |
| Withdrawal fee | 0 $ | 0 $ |
| Rollover fee eurusd buy 1 lot | -2.5% | -4.8665 |
| Rollover fee eurusd sell 1 lot | +3% | 0.7254 |
| Avg Eurusd standard acc | 1.3 pips | 0.9 pips |
| Gold | 0.76 | 1619 |
| Brent oil | 0.04 | 88 |
| Bitcoin | 27.13 | 20155 |
Trading costs for FXCM vs FxPro are very similar, Spread based Standard account offers almost the same spreads. The only difference is that FXCM does not change any fees, while FxPro has a monthly inactivity fee.
Account Types
| Feature | FXCM | FxPro |
|---|---|---|
| Account types |
|
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While FXCM offers only one Standard Account, FxPro has several ones including SWAP Free Account (Check forex swap free account brokers) or Islamic account, which allows traders to open long-term positions and Micro Account (Check micro account forex brokers list) to offer which is generally more suitable for the beginners due to their much lower requirements and risks involved.
Markets & Instruments
| Markets & Instruments | FXCM | FxPro |
|---|---|---|
| Forex | 40 | 70 |
| Indices | ✔️ | 19 |
| Commodities | 10 | 7 |
| Cryptocurrencies | 7 | 4 |
| Shares | 64 | 134 |
| Bonds | ❌ | ❌ |
| Options | ❌ | ❌ |
| Binary options | ❌ | ❌ |
| Spread betting | 35 | ✔️ |
| Treasuries | ❌ | ❌ |
| Futures | ❌ | ❌ |
| Etfs | 15 | ❌ |
Trading instruments range of both FXCM vs FxPro is quite similar. FXCM also offers ETFs. The number of the assets offered is also small for both brokers.
Trading Platforms
| Feature | FXCM | FxPro |
|---|---|---|
| Platforms |
|
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Both FXCM and FxPro offer proprietary platforms along with several other ones, such as MT4, MT5, ZuluTrade and cTrader that make their proposals attractive and suitable for many traders, opening more opportunities and strategies for them.
Deposit & Withdrawal Methods
| Feature | FXCM | FxPro |
|---|---|---|
| Payment methods |
|
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FxPro payment methods are better presented, FXCM supporting only Cards, Bank transfer and Skrill as payment methods. Both brokers provide fast money transfers and charges no additional fees for deposits or withdrawals.
Others
| Feature | FXCM | FxPro |
|---|---|---|
| Others |
|
|
A client-oriented approach of both FXCM and FxPro complements their good trading proposals, customer service available through various ways including Web Live Chat, Phone and emails. Both brokers provide great learning materials, both are on a very good level with excellent support, diverse education tools and section with videos and webinars.
Conclusion on FxPro vs FXCM
Concluding FXCM vs FxPro comparison we found both brokers are reliable and trustworthy with years of experience, well-organised and regulated. Trading costs are almost the same, in combination with relatively similar instrument range but with advantage to FXCM for lower fees, variety of trading conditions and copy trading. Here is our final recommendation:
- FXCM – 🥇Best Broker for Autotrading that helps traders to improve their own trading strategies.
- FxPro – 🥇Best cTrader Broker for offering seamless and feature0rich experience.
