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Trading 212 vs FXCM 2019

Is FXCM better than Trading 212? After assessing forex brokers on nearly 100 different variables, FXCM is better than Trading 212. While its range of tradeable markets is narrow, FXCM caters well to high-volume traders, algorithmic traders, and traders that appreciate robust charting tools and quality market research.
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 Trading 212 FXCM
Overall 3.5 4
Trading 212 Review FXCM Review
74-89% of retail CFD accounts lose money

Regulation

Feature Trading 212 FXCM
Trust Score 69 90
Year Founded
2004 1999
Publicly Traded (Listed)
No Yes
Bank
No No
Tier-1 Licenses
1 3
Tier-2 Licenses
0 2
Tier-3 Licenses
0 0
Authorised in the European Union
Yes Yes

Tier-1 Licenses

Feature Trading 212 FXCM
ASIC Authorised (Australia)
No Yes
IIROC Authorised (Canada)
No Yes
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 Trading 212 FXCM
Forex: Spot Trading
Yes Yes
Social Trading / Copy-Trading
Yes Yes
Currency Pairs (Total Forex pairs)
170 39
CFDs - Total Offered
1671 32
Cryptocurrency traded as actual
No No
Cryptocurrency traded as CFD
Yes Yes
Offering of Investments 3.5 3
Winner check_circle

Cost

Feature Trading 212 FXCM
Average Spread EUR/USD - Standard
N/A 1.3 (as of Q2 19)
All-in Cost EUR/USD - Active
N/A 0.7 (as of Q2 19)
Active Trader or VIP Discounts
No Yes
Commissions & Fees 3.5 3.5
Winner check_circle

Funding

Feature Trading 212 FXCM
Minimum Initial Deposit
€100 $0.00
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 Trading 212 FXCM
Proprietary Platform
Yes Yes
Desktop Platform (Windows)
No Yes
Web Platform
Yes Yes
Social Trading / Copy-Trading
Yes Yes
MetaTrader 4 (MT4)
No Yes
MetaTrader 5 (MT5)
No No
cTrader
No No

Trading Tools

Feature Trading 212 FXCM
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes Yes
Watchlists - Total Fields
5 7
Charting - Indicators / Studies (Total)
41 51
Charting - Drawing Tools (Total)
20 31
Charting - Trade From Chart
Yes Yes
Charting - Drawings Autosave
No Yes
Order Type - Trailing Stop
Yes Yes
Platform & Tools 3.5 4.5
Winner check_circle

Mobile Trading

Feature Trading 212 FXCM
Android App
Yes Yes
Apple iOS App
Yes Yes
Trading - Forex
Yes Yes
Trading - CFDs
Yes Yes
Alerts - Basic Fields
Yes Yes
Watch List
Yes Yes
Watch List Syncing
Yes Yes
Charting - Indicators / Studies
43 30
Charting - Draw Trend Lines
Yes Yes
Charting - Trend Lines Moveable
No Yes
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
Yes Yes
Forex Calendar
Yes Yes
Mobile Trading 3.5 4
Winner check_circle

Research

Feature Trading 212 FXCM
Daily Market Commentary
Yes Yes
Forex News (Top-Tier Sources)
No Yes
Weekly Webinars
No Yes
AutoChartist
No Yes
Trading Central (Recognia)
No Yes
Delkos Research
No No
Social Sentiment - Currency Pairs
No Yes
Economic Calendar
Yes Yes
Research 2 4
Winner check_circle

Education

Feature Trading 212 FXCM
Has Education - Forex
No Yes
Has Education - CFDs
No No
Client Webinars
No Yes
Client Webinars (Archived)
No Yes
Videos - Beginner Trading Videos
No Yes
Videos - Advanced Trading Videos
No Yes
Investor Dictionary (Glossary)
No Yes
Education 2 4
Winner check_circle

Major Forex Pairs

Feature Trading 212 FXCM
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 Trading 212 FXCM
Trading 212 Review FXCM Review
Overall 3.5 4
Winner check_circle
After spending several months and hundreds of hours researching 28 different forex brokers for trading FX, our team at ForexBrokers.com team collected over 2,200 data points. For this review, we will compare FXCM vs Trading 212.

To compare these two FX brokers, we will first take a look at the fees charged for trading (no easy task). Not every forex broker publicizes their average spreads, spreads data can vary, as can execution policies and how commissions are charged. Specifically, is the broker a dealing desk (market maker), no dealing desk (agency broker) or are both execution methods offered (dealing desk + STP/ECN)? To simplify this research, we assessed everything for you and provide a single star rating for cost. Both FXCM and Trading 212 share a rating of 3.50 stars.

Commissions and fees aside, let's take a look at regulation and currency availability. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. FXCM alongside Trading 212 are regulated in a major hub. FXCM is a publicly traded company while Trading 212 is not. As far as how many currency pairs are available for trading, here's the answer. Trading 212 boasts an offering of 170 different currency pairs compared to FXCM's 39 available pairs.

Next, let's look at the tools and features fx traders desire. With trading platforms, forex traders are all familiar with MetaTrader. FXCM makes Meta Trader available to clients, while Trading 212 does not. Regardless of the trading platform you use, charting should be feature rich. To help compare these two brokers, we counted the number of drawing tools and total technical indicators made available. Trading 212 trails FXCM by 11 total charting tools, with FXCM offering 31 and Trading 212 offering 20. FXCM offers its clients access to 51 different indicators (for example, volume) while Trading 212 has 41 available indicators, a difference of 10.

FXCM Review
Trading 212 Review


Trading CFDs, FX, and cryptocurrencies involves 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 02/18/2019 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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