Written by ForexBrokers.com
In this head to head comparison of FXCM vs FxPro, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FXCM and FxPro are prominent names in the online brokerage industry, each with its own strengths. Established in 1999, FXCM operates as a publicly traded company and holds 4 Tier-1 licenses, which are seen as highly trusted. This contributes to its impressive Trust Score of 95 according to ForexBrokers.com. Although FXCM isn't a bank, it is recognized within the industry as highly reliable due to its regulatory status and long-standing history.
On the other hand, FxPro launched in 2006 and, unlike FXCM, functions as a bank. Although it is not publicly traded, FxPro maintains a strong foothold with 2 Tier-1 licenses, earning a respectable Trust Score of 93. While its number of licenses are fewer than FXCM, FxPro's overall trust and reliability are substantial. Both brokers stand out in the competitive landscape thanks to their exceptional regulatory compliance and reputation for trustworthiness.
| Feature |
FXCM
|
FxPro
|
|---|---|---|
| Year Founded | 1999 | 2006 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | Yes |
| Tier-1 Licenses | 4 | 2 |
| Tier-2 Licenses | 2 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 2 |
FXCM comes out ahead of FxPro on commissions and fees, mainly because its trading costs can be more competitive for active traders. FXCM’s forex pricing is slightly above the industry average overall, but its commission-based accounts had average EUR/USD spreads of 0.28 pips in May 2024 before commissions, with an effective cost closer to 0.74 pips after commission-equivalent pricing. Its Active Trader Rebate Program can also lower costs further for high-volume traders, although availability and discounts depend on where you live and how much you trade. FXCM is rated 4.5 out of 5 stars and ranked #17 out of 36 brokers for Commissions and Fees.
FxPro’s pricing is also higher than average, and in many cases it costs more than leading low-cost rivals. On its cTrader platform, FxPro’s commission-based EUR/USD pricing works out to an effective spread of about 1.27 pips, while its variable-spread MT4 and MT5 accounts have been reported at roughly 1.58 pips on market execution, 1.51 pips on MT5, and 1.71 pips on instant execution. FxPro does offer an Elite account with active trader discounts of up to 30%, but even with those savings, its overall pricing still tends to trail cheaper competitors. FxPro is rated 4 out of 5 stars and ranked #29 out of 36 brokers for Commissions and Fees.
In short, both brokers charge more than the industry average in some areas, but FXCM generally offers the better value on trading costs, especially for active forex traders who qualify for rebates. FxPro can still be a reasonable choice for traders who want its platform mix and are comfortable with somewhat higher spreads and fees, but cost-conscious traders will likely find FXCM more appealing overall.
| Feature |
FXCM
|
FxPro
|
|---|---|---|
| Minimum Deposit | Starts from $50 | $100 |
| Average spread (EUR/USD) - Standard account | 0.9 | 1.6 |
| All-in Cost EUR/USD - Active | 0.8 | 1.3 |
| Non-wire bank transfer | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
FXCM and FxPro both let you trade forex as CFDs or spot contracts, and both also offer copy trading and cryptocurrency CFDs rather than actual crypto coins. Neither broker lets you buy exchange-traded U.S. shares directly, and neither offers delivered cryptocurrency. Where they differ most is in market selection: FXCM lists 440 tradeable symbols and 46 forex pairs, while FxPro gives traders access to a much larger menu with 2,249 tradeable symbols and 70 forex pairs.
FxPro also stands out for offering exchange-traded securities on international markets, such as shares listed outside the U.S., while FXCM does not. Even so, FXCM scores slightly higher for range of investments, with 4.5 out of 5 stars and a #21 ranking out of 36 brokers on ForexBrokers.com, compared with FxPro’s 4 stars and #24 ranking. In short, FxPro offers the wider asset list, while FXCM earns a small edge in the category rating.
| Feature |
FXCM
|
FxPro
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 440 | 2249 |
| Forex Pairs (Total) | 46 | 70 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | Yes |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
FXCM and FxPro both give traders a wide range of platform choices, including a free demo account for practice, a desktop download, a web-based platform, copy trading, and the popular MetaTrader 4 (MT4). Each broker also offers a proprietary platform and lets users place trades directly from charts, which can make it easier to act on market moves quickly. In short, both brokers cover the main needs for online trading platforms and tools.
The biggest difference is that FxPro also offers MetaTrader 5 (MT5), while FXCM does not. FXCM, however, scores higher in this category overall, earning 5 out of 5 stars and ranking #4 out of 36 brokers for trading platforms and tools, compared with FxPro’s 4 out of 5 stars and #18 ranking. For traders comparing FXCM vs FxPro, the choice may come down to whether MT5 matters more than FXCM’s stronger category rating.
| Feature |
FXCM
|
FxPro
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 115 | 53 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
FXCM and FxPro both offer mobile trading apps for iPhone and Android, and each gives traders the tools needed to manage an account on the go. Both apps include price alerts, watchlist symbol syncing with the online account, trendline drawing on charts, and auto-saving for chart drawings. In simple terms, the two brokers are closely matched when it comes to everyday mobile trading features.
The biggest difference is in charting depth. FXCM’s mobile app includes 59 technical studies, while FxPro offers 65, giving FxPro a slight edge for traders who want more chart analysis options. Still, both brokers earn the same 4.5-star rating for mobile trading apps, with FxPro ranking #15 and FXCM #16 out of 36 brokers at ForexBrokers.com. For mobile trading, both are strong choices, with FxPro just ahead overall.
| Feature |
FXCM
|
FxPro
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 59 | 65 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
FXCM and FxPro both give traders plenty of market research tools, including daily market commentary, news from major sources like Bloomberg and Reuters, Trading Central tools, sentiment data, and an economic calendar with upcoming global events. Neither broker offers Autochartist or Acuity Trading tools, so in those areas they are on equal footing.
The main difference is that FXCM adds market research from TipRanks, while FxPro does not. FXCM also has the edge in independent ratings, with a 4.5-star Research score and a #11 rank out of 36 brokers from ForexBrokers.com, compared with FxPro’s 4-star score and #23 rank.
| Feature |
FXCM
|
FxPro
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central | Yes | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | Yes | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to beginner learning tools, both FXCM and FxPro give new traders plenty to work with. Each broker offers at least 10 beginner-focused videos, and both provide forex or CFD education with 10 or more learning pieces. That said, FXCM has the edge for anyone who wants more ongoing support and a wider range of material, since it also offers monthly educational webinars and at least 10 advanced videos for traders who want to go beyond the basics.
That extra depth is reflected in the scores as well. FXCM is rated 4.5 out of 5 for Education and ranks #13 out of 36 brokers on ForexBrokers.com, while FxPro earns 4 out of 5 and ranks #17. For beginners, FxPro still covers the essentials, but FXCM is the stronger choice overall if you want more live teaching and more content as your skills grow.
| Feature |
FXCM
|
FxPro
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that FXCM is better than FxPro. FXCM finished with an overall rank of #10, while FxPro finished with an overall rank of #20.
For traders who appreciate advanced trading tools and quality market research, FXCM is a winner, especially for algorithmic trading. Its range of tradeable markets is fairly narrow, however, and the pricing at FXCM is just average.
| Feature |
FXCM
|
FxPro
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|---|---|---|
| Overall Rating |
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| Trust Score | 95 | 93 |
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FXCM vs FxPro: both online brokers do not support buying actual (delivered) cryptocurrency, but each offers cryptocurrency CFD trading.
FXCM vs FxPro: both brokers support ACH/SEPA transfers, PayPal, Skrill, and bank wire for deposits and withdrawals, while the availability of Visa/Mastercard is not specified.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | FXCM | FxPro | |
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| Trust Score | 95 | 93 | |
| Winner | check_circle | ||
| Review | FXCM Review | FxPro Review |
| Broker Screenshots | FXCM | FxPro | |
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| Regulation | FXCM | FxPro | |
|---|---|---|---|
| Trust Score | 95 | 93 | |
| Year Founded | 1999 | 2006 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | Yes | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 4 | 2 | |
| Tier-2 Licenses | 2 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 2 |
| Tier-1 Licenses (Highly Trusted) | FXCM | FxPro | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | FXCM | FxPro | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | Yes | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA, FSRA, or CMA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | FXCM | FxPro | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 440 | 2249 | |
| Forex Pairs (Total) | 46 | 70 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | Yes | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | FXCM | FxPro | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 0.9 | 1.6 | |
| All-in Cost EUR/USD - Active | 0.8 | 1.3 | |
| Inactivity Fee | Yes | Yes | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | FXCM | FxPro | |
|---|---|---|---|
| Minimum Deposit | Starts from $50 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | Yes |
| Trading Platforms | FXCM | FxPro | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | Yes |
| Trading Tools | FXCM | FxPro | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 115 | 53 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FXCM | FxPro | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 59 | 65 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | FXCM | FxPro | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central | Yes | Yes | |
| TipRanks | Yes | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | FXCM | FxPro | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | FXCM | FxPro | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | FXCM Review | FxPro Review |
| Overall | FXCM | FxPro | |
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| Trust Score | 95 | 93 | |
| Winner | check_circle | ||
| Review | FXCM Review | FxPro Review |
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