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FXCM vs ETX Capital 2020

Is ETX Capital better than FXCM? After testing 30 of the best forex brokers over five months, FXCM is better than ETX Capital . While the range of tradeable markets is narrow and pricing is just average, traders that appreciate robust trading tools alongside quality market research will find FXCM to be a winner.



CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Overall Rating

Feature FXCM ETX Capital
Overall 4.5 4
Commissions & Fees 4 4
Offering of Investments 3.5 4
Platforms & Tools 4.5 3.5
Mobile Trading 4 3.5
Research 4.5 3
Education 4 3.5
Trust Score 92 82
74.74% of retail CFD accounts lose money 77.40% of retail CFD accounts lose money
FXCM Review ETX Capital Review
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Regulation

Feature FXCM ETX Capital
Trust Score 92 82
Year Founded
1999 1965
Publicly Traded (Listed)
Yes No
Bank
No No
Tier-1 Licenses
3 1
Tier-2 Licenses
2 0
Tier-3 Licenses
0 0
Authorised in the European Union
Yes Yes

Tier-1 Licenses

Feature FXCM ETX Capital
ASIC Authorised (Australia)
Yes No
IIROC Authorised (Canada)
Yes No
SFC Authorised (Hong Kong)
No No
FSA Authorised (Japan)
No No
MAS Authorised (Singapore)
No No
FINMA Authorised (Switzerland)
No No
FCA Authorised (UK)
Yes Yes
CFTC Registered (USA)
No No

Investments

Feature FXCM ETX Capital
Forex: Spot Trading
Yes Yes
Social Trading / Copy-Trading
Yes No
Currency Pairs (Total Forex pairs)
39 60
CFDs - Total Offered
82 6000
Cryptocurrency traded as actual
No No
Cryptocurrency traded as CFD
Yes Yes

Cost

Feature FXCM ETX Capital
Average Spread EUR/USD - Standard
1.4 (Q2 2020) 0.81 (as of May 18)
All-in Cost EUR/USD - Active
1.1 (Q2 2020) 0.81 (as of May 18)
Active Trader or VIP Discounts
Yes No

Funding

Feature FXCM ETX Capital
Minimum Initial Deposit
£300 $£100
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
Yes Yes
PayPal (Deposit/Withdraw)
No No
Skrill (Deposit/Withdraw)
Yes Yes

Trading Platforms

Feature FXCM ETX Capital
Proprietary Platform
Yes Yes
Desktop Platform (Windows)
Yes Yes
Web Platform
Yes No
Social Trading / Copy-Trading
Yes No
MetaTrader 4 (MT4)
Yes Yes
MetaTrader 5 (MT5)
No No
cTrader
No No

Trading Tools

Feature FXCM ETX Capital
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes No
Watchlists - Total Fields
12 7
Charting - Indicators / Studies (Total)
52 56
Charting - Drawing Tools (Total)
26 31
Charting - Trade From Chart
Yes Yes
Charting - Drawings Autosave
Yes Yes
Order Type - Trailing Stop
Yes Yes

Mobile Trading

Feature FXCM ETX Capital
Android App
Yes Yes
Apple iOS App
Yes Yes
Trading - Forex
Yes Yes
Trading - CFDs
Yes Yes
Alerts - Basic Fields
No Yes
Watch List
Yes Yes
Watch List Syncing
Yes Yes
Charting - Indicators / Studies
59 30
Charting - Draw Trendlines
Yes Yes
Charting - Trendlines Moveable
Yes Yes
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
Yes Yes
Forex Calendar
Yes No

Research

Feature FXCM ETX Capital
Daily Market Commentary
Yes Yes
Forex News (Top-Tier Sources)
Yes Yes
Weekly Webinars
Yes Yes
AutoChartist
Yes No
Trading Central (Recognia)
Yes No
Delkos Research
No No
Social Sentiment - Currency Pairs
Yes No
Economic Calendar
Yes No

Education

Feature FXCM ETX Capital
Has Education - Forex
Yes Yes
Has Education - CFDs
No Yes
Client Webinars
Yes Yes
Client Webinars (Archived)
Yes Yes
Videos - Beginner Trading Videos
Yes No
Videos - Advanced Trading Videos
Yes No
Investor Dictionary (Glossary)
Yes Yes

Major Forex Pairs

Feature FXCM ETX Capital
GBP/USD
Yes Yes
USD/JPY
Yes Yes
EUR/USD
Yes Yes
USD/CHF
Yes Yes
USD/CAD
Yes Yes
NZD/USD
Yes Yes
AUD/USD
Yes Yes

Overall

Feature FXCM ETX Capital
Overall 4.5 4
Commissions & Fees 4 4
Offering of Investments 3.5 4
Platforms & Tools 4.5 3.5
Mobile Trading 4 3.5
Research 4.5 3
Education 4 3.5
Trust Score 92 82
FXCM Review ETX Capital Review
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Comparing forex brokers side by side is no easy task. For our 2020 annual forex broker review, we spent hundreds of hours assessing 30 forex and CFD brokerages to find the best forex broker. Let's compare ETX Capital vs FXCM.

Does ETX Capital or FXCM offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, ETX Capital offers better pricing overall for traders.

Is ETX Capital or FXCM safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 20 international regulator databases. Here's our findings. FXCM holds 3 global Tier-1 licenses, while ETX Capital holds 1. FXCM holds 2 global Tier-2 licenses, while ETX Capital holds 0. All regulators considered, FXCM has a Trust Score of 92.00, while ETX Capital 's Trust Score is 82.00.

Which trading platform is better: ETX Capital or FXCM?
To compare the trading platforms of both ETX Capital and FXCM, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, FXCM offers a better experience. With research, FXCM offers superior market research. Finally, we found FXCM to provide better mobile trading apps.

What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. While FXCM offers copy trading, ETX Capital does not. Both ETX Capital and FXCM offer MetaTrader 4 (MT4).

How many forex pairs and CFDs are available to trade?
ETX Capital provides traders 60 currency pairs (e.g., EUR/USD) compared to FXCM's 39 available pairs. Forex pairs aside, ETX Capital offers traders access to 6000 CFDs while FXCM has 82 available CFDs, a difference of 5,918.

Overall, between ETX Capital and FXCM, FXCM is the better forex broker.

ETX Capital Review
FXCM Review

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Trading CFDs, FX, and cryptocurrencies involve a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published web site as of 01/20/2020 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.

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