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 vs FxPro commissions and fees: both brokers sit a bit above the industry average overall, and each earns 4 out of 5 stars for pricing. That said, FXCM ranks higher at #25 of 63 for Commissions and Fees, while FxPro sits at #33 of 63. On the flagship EUR/USD pair, FXCM’s commission-based pricing typically works out cheaper than FxPro’s, especially if you qualify for volume discounts.
FXCM: In May 2024, average EUR/USD spreads were about 0.78 pips for its EU, U.K., and Australia offerings, and 1.38 pips via its St. Vincent entity. Its commission-based account averaged a 0.28-pip core spread, with an effective cost around 0.74–0.78 pips once commissions are included. FXCM’s Active Trader Rebate Program (not available in the U.K. or EU) offers five tiers with rebates from $5 to $25 per million traded if you do at least $10 million per month; a U.K. example shows $2.50 per side ($5 round-turn) for clients meeting higher balance and volume thresholds. As with any broker, spreads can widen during rollover or fast-moving markets. Rating: 4/5 stars; Rank: #25/63.
FxPro: Pricing is higher than average across its platforms. The most competitive option is cTrader, where the effective EUR/USD cost is roughly 1.27 pips (0.37-pip average spread plus a 0.9-pip commission-equivalent, based on 2020 data). On MT4/MT5 with variable spreads, typical EUR/USD spreads are around 1.58 pips on MT4 market execution (1.51 on MT5) and 1.71 pips with instant execution (2020 data). FxPro’s Elite/Active Trader program can cut costs by up to 30%, but it still trails the best discount programs in the market. Rating: 4/5 stars; Rank: #33/63.
| 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.
Comparing FXCM vs FxPro on range of investments: both let you trade forex as CFDs and as spot, support copy trading, and offer cryptocurrency CFDs (but not actual crypto). The big difference is scale. FXCM lists 440 tradeable symbols and 46 forex pairs, while FxPro offers 2,249 symbols and 70 forex pairs. Neither broker provides access to buy U.S.-listed shares outright, but FxPro does let clients purchase certain international exchange-traded securities, whereas FXCM does not.
On independent assessments of breadth, FXCM earns 3.5 out of 5 stars and ranks 48th of 63 for Range of Investments, while FxPro scores 4 out of 5 stars and ranks 29th. If you want more markets and forex pairs in one account, FxPro has the edge. If a smaller lineup that still covers forex (CFD and spot), copy trading, and crypto CFDs suits you, FXCM can fit the bill.
| 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 check the key boxes for platform choice and ease of use. Each broker offers a free demo account for paper trading, a proprietary (in-house) platform, a Windows desktop download, and a web-based platform you can use in your browser. MetaTrader 4 (MT4) is available at both, and copy trading is supported. You can also place trades directly from charts with either broker.
The main platform difference is MetaTrader 5 (MT5): FxPro offers MT5, while FXCM does not. According to ForexBrokers.com, FXCM earns 5 stars for Trading Platforms and Tools and ranks #6 out of 63 brokers, while FxPro earns 4 stars and ranks #17. If you want the higher-rated toolset, FXCM stands out; if you need MT5 specifically, FxPro is the better fit.
| 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 deliver capable mobile trading apps for iPhone and Android. You get stock or forex price alerts, watchlist syncing between the app and your online account, drawable trendlines on charts, and auto‑saved drawings. Both apps earn 4.5-star ratings for Mobile Trading Apps.
For charting depth, FXCM includes 59 technical studies while FxPro offers 65, giving FxPro a small edge for technical analysis. On ForexBrokers.com’s Mobile Trading Apps ranking, FxPro places #15 out of 63 brokers and FXCM is #16. If you want a few more built-in indicators and a slightly higher ranking, choose FxPro; if you’re already with FXCM, you’ll find a very similar mobile experience.
| 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.
When comparing FXCM and FxPro for market research, both brokers provide daily market commentary and forex news from well-regarded sources like Bloomberg and Reuters. They each offer technical analysis tools from Trading Central, as well as sentiment-based trading tools that display long or short position ratios. Both companies also provide economic calendars that highlight upcoming global news events, ensuring traders stay informed of current market dynamics.
However, there are distinctions between the two. FXCM offers market research from TipRanks, which FxPro does not. Additionally, neither broker provides tools from Autochartist or Acuity Trading. In terms of overall research ratings, FXCM scores higher at 4.5 stars compared to FxPro's 4 stars. This is underscored by their rankings from ForexBrokers.com, where FXCM is positioned 11th out of 63 brokers, while FxPro sits at 26th. These insights highlight FXCM's slightly superior offerings in market research capabilities.
| 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.
Comparing FXCM vs FxPro for beginner education, both brokers provide a library of beginner-friendly video lessons (10+), making it easy to learn the basics of forex and CFD trading at your own pace. FXCM goes a step further with live, client webinars at least once a month, giving newcomers a chance to ask questions and learn in real time—something FxPro does not currently offer.
As you progress, FXCM also supplies 10+ advanced trading videos, while FxPro does not match that depth for experienced topics. Independent reviews reflect this gap: FXCM earns 4.5/5 stars and ranks #14 out of 63 brokers for Education on ForexBrokers.com, whereas FxPro scores 4/5 stars and ranks #18. For beginners who want structured learning plus live sessions, FXCM has the edge; if you only need starter videos, both brokers can fit the bill.
| 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 #15, while FxPro finished with an overall rank of #21.
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
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FxPro
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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 SCA 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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