FxPro VS FXCM

Compare FxPro VS FXCM and see what are their differences

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FxPro

FxPro offers web and mobile based online trading platforms and tools.

FXCM

FXCM is a UK-based Forex Capital Market that offers forex and CFDs trading and a part of Leucadia that is a diversified holding company.

Landing page //
2023-10-19

Landing page //
2023-02-26

FxPro features and specs

Regulatory Compliance
FxPro is licensed and regulated by multiple financial authorities, including the FCA (UK) and CySEC (Cyprus), ensuring a high standard of security and trust for its clients.
Wide Range of Instruments
Offers an extensive selection of trading instruments, including Forex, commodities, indices, shares, and cryptocurrencies, providing traders with diverse opportunities.
Multiple Trading Platforms
Provides access to popular trading platforms such as MetaTrader 4, MetaTrader 5, and cTrader, which accommodate various trading styles and preferences.
Transparent Fee Structure
FxPro has a clear and competitive fee structure, with tight spreads and no commission on most trading accounts, which is beneficial for cost-conscious traders.
Educational Resources
Offers a range of educational tools, including webinars, analysis, and tutorials, which is useful for both beginner and seasoned traders aiming to enhance their knowledge.

Possible disadvantages of FxPro

No US Clients
FxPro does not accept clients from the United States, which limits its accessibility to a significant segment of the trading market.
Inactivity Fee
An inactivity fee is charged on dormant accounts, which can be a drawback for occasional traders who might not trade frequently.
Limited Cryptocurrency Offering
While FxPro offers cryptocurrency trading, the range of available crypto assets is less extensive compared to some specialized competitors.
High Initial Deposit Requirement
The minimum deposit required to open an account can be relatively high for some account types, potentially deterring beginners or small-scale traders.
Lack of Bonus Programs
Does not offer bonus programs or promotions, which could be a disadvantage for traders seeking such incentives.

FXCM features and specs

Regulated Broker
FXCM is regulated by various financial authorities, including the UK's FCA, providing a layer of trust and security for traders.
Wide Range of Trading Platforms
FXCM offers multiple trading platforms, including Trading Station, MetaTrader 4, and NinjaTrader, catering to traders with different preferences and needs.
Educational Resources
FXCM provides extensive educational resources, including webinars, articles, and trading guides, which are beneficial for both beginner and advanced traders.
No Dealing Desk Execution
FXCM offers No Dealing Desk execution, meaning there's no conflict of interest as orders are routed straight to the market.
Demo Account
FXCM offers a free demo account with virtual funds, allowing traders to practice and backtest strategies without risk.

Possible disadvantages of FXCM

Limited Cryptocurrency Offerings
The range of cryptocurrencies available for trading on FXCM is limited compared to other brokers that offer a wider selection.
Average Spreads
FXCM's spreads are competitive but not the lowest in the industry, which may affect cost efficiency for frequent traders.
Inactivity Fees
FXCM charges inactivity fees if there are no trades placed on the account for a certain period, which may discourage traders from maintaining dormant accounts.
Withdrawal Fees
The broker charges fees on withdrawals via certain methods, which can add to the costs incurred by traders.
Geographic Restrictions
FXCM does not offer its services in some jurisdictions, including the United States, potentially limiting access for traders based in these areas.

FxPro videos

+ Add

FXPro Review | Online Forex Brokers Review by Thediaryofatrader.com

FXCM videos

+ Add

How good is FXCM? ++ Trusted Broker Review | Forex & CFD Trading

Category Popularity

0-100% (relative to FxPro and FXCM)

FXCM

Finance

82 82%

Finance

18% 18

Forex

0 0%

Forex

100% 100

Investing

80 80%

Investing

20% 20

Trading

66 66%

Trading

34% 34

User comments

Share your experience with using FxPro and FXCM. For example, how are they different and which one is better?

Reviews

These are some of the external sources and on-site user reviews we've used to compare FxPro and FXCM

FxPro Reviews

Bo

1 day ago

Solid and trustworthy broker. Platforms perform well, trading conditions are transparent, and the overall experience has been positive. Support is good, though response times can occasionally be longer than ideal.
Mario Borner

2 days ago

2 years of exp

I’ve been trading with FxPro for nearly two years and it remains one of the most consistent brokers I’ve used. Execution quality has stayed reliable even during high-impact news events, and I rarely experience meaningful slippage. The ability to run strategies on both cTrader and MT5 without needing separate brokers is a real advantage. Withdrawals have always been processed within the expected timeframes, which builds a lot of trust over time.

👍 Pros: Consistent and fast execution, excellent dual-platform flexibility, reliable withdrawal process, professional overall service.

👎 Cons: The standard account is not competitive on spreads, so higher-volume traders should stick to raw+. support quality is generally good but can slow down during major market opens.
Pepe

about 1 month ago

Account opening was not difficult. There are several questions about trading experience, but the whole process is quite understandable.

FXCM Reviews

We have no reviews of FXCM yet.
Be the first one to post

What are some alternatives?

When comparing FxPro and FXCM, you can also consider the following products

IC Markets - Trade currencies, stocks, commodities, futures, bonds, and digital assets safely and securely with power for better trades.

FxCore CRM - All-in-One Forex CRM for Modern Brokerages

KOT4X - KOT4X is an online platform for Forex trading, Crypto, and CFD Broker that offers a wide range of tradable assets, including Forex, Cryptocurrencies, Gold, and Oil.

TraderMade Market Data - Forex and CFD Market Data. Try our data solutions for free or gain access to premium data. We provide historical and live forex data for querying, research, analysis and trading startegies.

FXChoice - FXChoice is an Electronic Communications Networks broker that offers Contract For Differences and Forex trading on the most popular platforms.

OANDA - OANDA is an advanced forex and broker trading platform that helps you in currency data, exchange rate services for the investors and organizations.

TraderMade Market Data vs FxPro

TraderMade Market Data vs FXCM