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FXCM vs Spreadex 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of FXCM vs Spreadex, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

FXCM
4.5/5 Stars Overall
  • Minimum Deposit: Starts from $50
  • Trust Score: 95
  • Tradeable Symbols (Total): 440
Spreadex
4/5 Stars Overall
  • Minimum Deposit: $0
  • Trust Score: 71
  • Tradeable Symbols (Total): 10000

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.

Regulation

FXCM and Spreadex both entered the online brokerage scene in 1999, offering a range of trading services to customers. While neither operates as a bank, FXCM distinguishes itself as a publicly traded company, providing an added layer of transparency to investors. Spreadex, in contrast, remains privately held. When it comes to regulation, FXCM boasts a solid regulatory foundation with four Tier-1 licenses and two Tier-2 licenses, contributing to its impressive Trust Score of 95 from ForexBrokers.com. This score places FXCM in the highly trusted category, indicating a strong level of confidence from both regulators and users alike.

Spreadex, meanwhile, holds a single Tier-1 license and does not have any Tier-2 licenses, which translates into a ForexBrokers.com Trust Score of 71. This score suggests an average risk for potential investors. Both brokers started their operations in the same year, but their regulatory landscapes and trust ratings vary significantly, making FXCM a more attractive option for those prioritizing comprehensive regulatory oversight and trust.

Feature FXCM logoFXCM
Spreadex logoSpreadex
Year Founded info 1999 1999
Publicly Traded (Listed) info Yes No
Bank info No No
Tier-1 Licenses info 4 1
Tier-2 Licenses info 2 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 0

Fees

FXCM and Spreadex both earn 4 out of 5 stars for commissions and fees. In ForexBrokers.com’s rankings of 63 brokers, FXCM is #25 while Spreadex is #28. Their EUR/USD pricing sits in a similar range, but the details vary by account type, region, and any volume-based discounts you qualify for.

FXCM’s overall pricing is slightly higher than the industry average, though it can be competitive depending on setup. In May 2024, standard-account EUR/USD spreads averaged 0.78 pips in the EU, U.K., and Australia, while its St. Vincent and the Grenadines entity averaged 1.38 pips. FXCM’s commission-based accounts showed a 0.28-pip core spread in May 2024; after adding an estimated 0.50 pips in round-turn commissions, the effective cost is about 0.74 pips. Spreads can widen during rollover or abnormal market conditions. The five-tier Active Trader Rebate Program (not offered in the U.K. or EU) requires at least $10 million in monthly volume and pays $5–$25 per million traded; requirements vary by entity—for example, in the U.K., a $25,000 balance and $50 million monthly volume can bring commissions to $2.50 per side ($5 round-turn).

Spreadex averaged 0.81 pips on EUR/USD in January 2024, with a 0.6-pip minimum achieved 60% of the time. In practice, FXCM may edge lower on EUR/USD during some periods—especially with its commission-based setup and volume rebates—while Spreadex delivers pricing that’s close and simple to understand. Bottom line: both are rated 4/5 stars for commissions and fees, with FXCM ranked #25 of 63 and Spreadex ranked #28 of 63.

Feature FXCM logoFXCM
Spreadex logoSpreadex
Minimum Deposit info Starts from $50 $0
Average spread (EUR/USD) - Standard account info 0.9 info 0.81 info
All-in Cost EUR/USD - Active info 0.8 info N/A info
Non-wire bank transfer info Yes No
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes No
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

Comparing FXCM vs Spreadex for range of investments: both brokers support forex trading offered as CFDs or spot contracts, and both provide cryptocurrency CFDs (but not actual crypto). Spreadex delivers far more overall markets, with about 10,000 tradeable symbols and 52 forex pairs, while FXCM lists around 440 symbols and 46 forex pairs. Neither broker offers exchange-traded shares on U.S. or international exchanges. For extra features, FXCM includes copy trading, whereas Spreadex does not.

Based on Range of Investments, ForexBrokers.com rates FXCM at 3.5 out of 5 stars and ranks it 48th out of 63 brokers, while Spreadex earns 5 out of 5 stars and ranks 14th. In short, choose Spreadex if you want the greatest variety of markets, and consider FXCM if copy trading matters to you alongside a focused lineup.

Feature FXCM logoFXCM
Spreadex logoSpreadex
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 440 10000
Forex Pairs (Total) info 46 info 52
U.S. Stocks (Shares) info No No
Global Stocks (Non-U.S. Shares) info No No
Copy Trading info Yes No
Cryptocurrency (Underlying) info No No
Cryptocurrency (CFDs) info 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.

Trading platforms and tools

Comparing FXCM and Spreadex for trading platforms and tools, both brokers offer free demo (paper) accounts, proprietary platforms, and web-based platforms, plus the ability to place trades directly from charts. Key differences: FXCM also provides a Windows desktop platform, while Spreadex does not. FXCM supports copy trading and offers MetaTrader 4 (MT4), whereas Spreadex lacks both; neither broker offers MetaTrader 5 (MT5).

For overall quality, FXCM earns 5 stars and ranks #6 out of 63 brokers for Trading Platforms and Tools at ForexBrokers.com, while Spreadex holds 4 stars and ranks #47. If you want MT4, copy trading, and a downloadable Windows platform, FXCM is the stronger fit; if you prefer a straightforward, browser-based proprietary platform, Spreadex is a solid alternative.

Feature FXCM logoFXCM
Spreadex logoSpreadex
Virtual Trading (Demo) info Yes Yes
Proprietary Desktop Trading Platform info Yes Yes
Desktop Platform (Windows) info Yes No
Web Platform info Yes Yes
Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes No
MetaTrader 5 (MT5) info No No
Charting - Indicators / Studies (Total) info 115 58
Charting - Trade From Chart info Yes Yes

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

FXCM and Spreadex both offer mobile trading apps for iPhone and Android, along with stock and forex price alerts. A key difference is watchlists: FXCM syncs watchlists between the app and your online account, while Spreadex does not. Both apps let you draw trendlines on charts, but only FXCM auto-saves your drawings.

For charting, FXCM lists 59 built-in technical studies in its mobile app, whereas Spreadex does not provide a published count. Reflecting these differences, ForexBrokers.com rates FXCM 4.5 stars and ranks it #16 out of 63 brokers for Mobile Trading Apps, while Spreadex earns 4 stars and ranks #47.

Feature FXCM logoFXCM
Spreadex logoSpreadex
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlists - Syncing info Yes No
Mobile Charting - Indicators / Studies info 59 N/A
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes No

Dive deeper: Best Forex Trading Apps.

Market research

FXCM and Spreadex both cover the essentials for market research: each offers daily market commentary, top-tier forex news (from sources like Bloomberg, Reuters, or Dow Jones), an economic calendar, and a sentiment tool that shows the balance of long and short positions.

Where they differ is in their add-on research suites. FXCM includes Trading Central and TipRanks, while Spreadex provides Autochartist; neither broker offers tools from Acuity Trading. For overall research quality, ForexBrokers.com rates FXCM at 4.5 stars and ranks it #11 out of 63 brokers, while Spreadex holds 4 stars and a #32 ranking. Choose FXCM if you want Trading Central and TipRanks alongside core news and sentiment, or Spreadex if Autochartist is your priority.

Feature FXCM logoFXCM
Spreadex logoSpreadex
Daily Market Commentary (Articles) info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No Yes
Trading Central info Yes No
Client sentiment data info Yes Yes
TipRanks info Yes No
Acuity Trading info No No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

New to forex and CFDs? FXCM and Spreadex both have beginner-friendly video libraries, with each offering at least 10 videos that explain trading basics in plain language. FXCM goes further for newcomers by hosting client webinars at least once a month, giving you live sessions to ask questions. It also provides 10+ advanced videos for when you’re ready to level up, while Spreadex does not offer monthly webinars and doesn’t reach that same advanced-video count.

If education quality matters, FXCM is rated 4.5 out of 5 stars and ranks #14 out of 63 brokers for Education at ForexBrokers.com. Spreadex earns 4 out of 5 stars and ranks #45. In short: both can get beginners started, but FXCM offers more ways to learn over time thanks to regular webinars and a larger library for experienced traders.

Feature FXCM logoFXCM
Spreadex logoSpreadex
Webinars info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that FXCM is better than Spreadex. FXCM finished with an overall rank of #15, while Spreadex finished with an overall rank of #39.

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 logoFXCM
Spreadex logoSpreadex
Overall Rating info 4.5/5 Stars 4/5 Stars
Trust Score info 95 71
Range of Investments 3.5/5 Stars 5/5 Stars
Commissions & Fees 4/5 Stars 4/5 Stars
Platforms & Tools 5/5 Stars 4/5 Stars
Research 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Education 4/5 Stars 3.5/5 Stars

FAQs

Can you trade cryptocurrency with FXCM or Spreadex?

FXCM vs Spreadex: these online brokers do not allow buying actual (delivered) cryptocurrencies, but both provide cryptocurrency CFD trading.

What funding options does each broker offer?

FXCM vs Spreadex: FXCM supports ACH/SEPA transfers, PayPal, Skrill, and bank wire deposits and withdrawals, whereas Spreadex supports bank wires but not ACH/SEPA, PayPal, or Skrill; Visa/Mastercard availability is not specified for either broker.

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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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Overall Rating FXCM Spreadex
Overall Rating info 4.5/5 Stars 4/5 Stars
Commissions & Fees 4/5 Stars 4/5 Stars
Range of Investments 3.5/5 Stars 5/5 Stars
Platforms & Tools 5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4.5/5 Stars 4/5 Stars
Education 4/5 Stars 3.5/5 Stars
Trust Score info 95 71
Winner check_circle
Review FXCM Review Spreadex Review
Broker Screenshots FXCM Spreadex
Broker Gallery (click to expand) info
FXCM mobile app watchlist. FXCM web platform. FXCM research web articles market analysis. FXCM education articles
Spreadex web platform. Spreadex research news headlines market analysis. Spreadex educational article risk management.
Regulation FXCM Spreadex
Trust Score info 95 71
Year Founded info 1999 1999
Publicly Traded (Listed) info Yes No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No info
Tier-1 Licenses info 4 1
Tier-2 Licenses info 2 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 0
Tier-1 Licenses (Highly Trusted) FXCM Spreadex
Australia (ASIC Authorised) info Yes No
Canada (CIRO Authorised) info Yes No
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info No No
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info
United Kingdom (U.K.) (FCA Authorised) info Yes Yes
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No info
Tier-2 Licenses (Trusted) FXCM Spreadex
Kenya (CMA Authorised) info
Israel (ISA Authorised) info Yes No
South Africa (FSCA Authorised) info Yes No
UAE (DFSA, FSRA, or SCA Authorised) info No No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info
Investments FXCM Spreadex
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 440 10000
Forex Pairs (Total) info 46 info 52
U.S. Stocks (Shares) info No No
Global Stocks (Non-U.S. Shares) info No No
Copy Trading info Yes No
Cryptocurrency (Underlying) info No No
Cryptocurrency (CFDs) info 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 Spreadex
Average spread (EUR/USD) - Standard account info 0.9 info 0.81 info
All-in Cost EUR/USD - Active info 0.8 info N/A info
Inactivity Fee info Yes No
Order execution: Agency info Yes No
Order execution: Market Maker info Yes Yes
Funding FXCM Spreadex
Minimum Deposit info Starts from $50 $0
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes No
Bank Wire (Deposit/Withdraw) info Yes Yes
Non-wire bank transfer info Yes No
Trading Platforms FXCM Spreadex
Proprietary Desktop Trading Platform info Yes Yes
Desktop Platform (Windows) info Yes No
Web Platform info Yes Yes
Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes No
MetaTrader 5 (MT5) info No No
cTrader info No No
Trading Tools FXCM Spreadex
Virtual Trading (Demo) info Yes Yes
Price Alerts info Yes Yes
Charting - Indicators / Studies (Total) info 115 58
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading FXCM Spreadex
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlist [DELETED] info
Mobile Watchlists - Syncing info Yes No
Mobile Charting - Indicators / Studies info 59 N/A
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes No
Mobile Research - Economic Calendar info Yes Yes
Research FXCM Spreadex
Daily Market Commentary (Articles) info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No Yes
Trading Central info Yes No
TipRanks info Yes No
Client sentiment data info Yes Yes
Economic Calendar info Yes Yes
Education FXCM Spreadex
Webinars info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Major Forex Pairs FXCM Spreadex
GBP/USD [DELETED] info
USD/JPY [DELETED] info
EUR/USD info Yes Yes
USD/CHF [DELETED] info
USD/CAD [DELETED] info
NZD/USD [DELETED] info
AUD/USD [DELETED] info
Review FXCM Review Spreadex Review
Overall FXCM Spreadex
Overall Rating info 4.5/5 Stars 4/5 Stars
Commissions & Fees 4/5 Stars 4/5 Stars
Range of Investments 3.5/5 Stars 5/5 Stars
Platforms & Tools 5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4.5/5 Stars 4/5 Stars
Education 4/5 Stars 3.5/5 Stars
Trust Score info 95 71
Winner check_circle
Review FXCM Review Spreadex Review
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