Written by ForexBrokers.com
In this head to head comparison of XTB vs FXCM, 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.
When it comes to choosing a reliable online broker, both XTB and FXCM present strong options in the world of forex trading. Founded in 2002, XTB operates as a publicly traded company, similar to FXCM, which has been in operation since 1999. Neither of the brokers are banks, but both hold a range of licenses adding to their credibility. Highlighting their regulatory strength, XTB holds two Tier-1 licenses and two Tier-2 licenses, earning it a Trust Score of 96 out of 99 from ForexBrokers.com. This places it in the highly trusted category.
FXCM, on the other hand, holds a slightly greater number of Tier-1 licenses, boasting four of them, along with two Tier-2 licenses, which speaks volumes about its trusted status in the industry. Although its Trust Score is just a point lower than XTB's, at 95, it still sits comfortably in the highly trusted bracket. Both brokers, being publicly traded and regulated in multiple jurisdictions, offer dependable choices for traders seeking assurance and transparency.
| Feature |
XTB
|
FXCM
|
|---|---|---|
| Year Founded | 2002 | 1999 |
| Publicly Traded (Listed) | Yes | Yes |
| Bank | No | No |
| Tier-1 Licenses | 2 | 4 |
| Tier-2 Licenses | 2 | 2 |
| Tier-3 Licenses | 1 | 0 |
| Tier-4 Licenses | 2 | 0 |
XTB and FXCM are both rated 4.5 out of 5 stars for commissions and fees, but XTB has the edge in the rankings, coming in at #13 out of 36 brokers versus FXCM at #17. XTB’s pricing is generally close to the industry average, with a spread-only Standard account and a commission-based Professional account for eligible clients in the U.K. and Europe. Based on Q4 2023 data, XTB’s average EUR/USD spread was 1 pip, and its Standard account is usually the better pick for most retail traders, especially since the Pro account is being phased out in many regions.
FXCM’s forex pricing is slightly above the industry average overall, though its EU, U.K., and Australia entities showed a competitive average EUR/USD spread of 0.78 pips in May 2024. FXCM also offers commission-based accounts with average underlying spreads of 0.28 pips before commissions, but the effective cost rises once commissions are included. Its pricing can improve for active traders through rebate programs, but these discounts are not available everywhere and can depend heavily on trading volume.
For active traders, both brokers offer ways to lower trading costs. XTB’s Lower Spread Group can rebate 5% to 30% of the spread once volume thresholds are met, while FXCM’s Active Trader Rebate Program offers tiered cash rebates for very high monthly volumes. In simple terms, XTB may be the easier option for many everyday traders, while FXCM can become more attractive only if you qualify for its higher-volume discounts.
| Feature |
XTB
|
FXCM
|
|---|---|---|
| Minimum Deposit | $0 | Starts from $50 |
| Average spread (EUR/USD) - Spread-only account | 1.06 | 0.9 |
| All-in Cost EUR/USD - Raw spread account | 1.06 | 0.8 |
| Non-wire bank transfer (Deposit/Withdraw) | No | Yes |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
XTB offers a wider range of investments than FXCM, making it the stronger choice for traders who want more market access. XTB supports forex trading as either CFDs or spot contracts, and it lists 10,521 tradeable symbols, including 71 forex pairs. It also gives clients access to exchange traded securities on both U.S. and international exchanges, plus the option to buy actual cryptocurrency as well as crypto CFDs. In ForexBrokers.com’s Range of Investments category, XTB earns 5 stars and ranks 14th out of 36 brokers.
FXCM also offers forex trading as CFDs or spot contracts, but its product lineup is much smaller, with 440 tradeable symbols and 46 forex pairs. Unlike XTB, FXCM does not offer exchange traded securities on U.S. or international exchanges, and it does not allow clients to buy actual cryptocurrency. FXCM does offer copy trading and crypto CFDs, but overall it receives 4.5 stars for Range of Investments and ranks 21st out of 36 brokers, which places it behind XTB for investment choice.
| Feature |
XTB
|
FXCM
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10521 | 440 |
| Forex Pairs (Total) | 71 | 46 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | No | Yes |
| Cryptocurrency (Underlying) | Yes | 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.
XTB and FXCM both give traders a choice of a free demo account, a web-based platform, and their own in-house trading software, so each broker makes it easy to get started and trade from a browser. Both also let you trade directly from charts, which can be helpful if you want to place orders quickly while watching price moves. In ForexBrokers.com’s Trading Platforms and Tools category, XTB is rated 4.5 out of 5 stars and ranked #9 out of 36 brokers, while FXCM earns a 5-star rating and a higher rank of #4.
The main differences come down to desktop software and extra features. FXCM offers a Windows desktop platform, MetaTrader 4, and copy trading, while XTB does not offer those options. XTB does not support MetaTrader 4 or MetaTrader 5 either, and FXCM also does not offer MT5. For traders who want more platform choice and social trading tools, FXCM has the edge; for those happy with a browser-based setup and a built-in platform, XTB still covers the basics well.
| Feature |
XTB
|
FXCM
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | No |
| Charting - Indicators / Studies (Total) | 92 | 115 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
XTB and FXCM both offer mobile trading apps for iPhone and Android, along with stock and forex price alerts, watchlist syncing, trendline drawing, and auto-saving of chart drawings. That means both apps give traders the basics they need to monitor markets and manage watchlists on the go, with changes syncing between the mobile app and online account.
The biggest difference is charting depth. XTB offers 104 technical studies in its mobile app, compared with 59 for FXCM, which may appeal more to traders who want a wider range of chart tools. Even so, both apps are rated 4.5 out of 5 stars for mobile trading apps, while ForexBrokers.com ranks XTB higher overall in this category at #8 out of 36 brokers versus FXCM at #16.
| Feature |
XTB
|
FXCM
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 104 | 59 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
XTB and FXCM both give traders useful market research tools, including daily market commentary, a sentiment tool that shows how traders are positioned, and an economic calendar for tracking key global events. On overall research quality, XTB has a slight edge, with a 5-star rating and a #9 ranking out of 36 brokers by ForexBrokers.com, compared with FXCM’s 4.5-star rating and #11 ranking.
FXCM stands out for news and third-party research, offering forex news from major sources such as Bloomberg and Reuters, plus tools from Trading Central and TipRanks. XTB does not offer those specific research extras, but it still covers the basics well for everyday market tracking. Neither broker includes Autochartist or Acuity Trading tools.
| Feature |
XTB
|
FXCM
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | No |
| Trading Central | No | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | No | Yes |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
XTB and FXCM both give beginners plenty of ways to learn, with each broker offering forex and CFD education, monthly online webinars, and at least 10 beginner videos plus 10 advanced videos. That means new traders can find basic lessons, live teaching sessions, and more advanced topics at either broker. In this area, XTB has a slight edge because it is rated 5 stars for Education and ranks #11 out of 36 brokers at ForexBrokers.com, while FXCM is rated 4.5 stars and ranks #13.
For someone just starting out, both platforms look like solid choices for learning the ropes. XTB may be the better pick if you want the higher Education rating and a slightly stronger overall ranking, but FXCM still offers a strong mix of beginner-friendly and advanced learning materials. In short, both brokers support new traders well, with XTB coming out just ahead.
| Feature |
XTB
|
FXCM
|
|---|---|---|
| Webinars | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that XTB is better than FXCM. XTB finished with an overall rank of #7, while FXCM finished with an overall rank of #10.
As a trusted multi-asset broker, XTB offers outstanding customer service, a wide variety of forex and CFDs, and an excellent overall trading experience. Its xStation 5 trading platform is well-designed and packed with innovative features, and XTB offers comprehensive educational content and market research.
| Feature |
XTB
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FXCM
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| Trust Score | 96 | 95 |
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XTB lets you buy both actual delivered cryptocurrency and cryptocurrency CFDs, while FXCM only offers cryptocurrency CFDs and does not provide access to buying actual cryptocurrency.
In the XTB vs FXCM online broker comparison for deposits and withdrawals, FXCM supports ACH/SEPA while XTB does not; both brokers offer PayPal, Skrill, and bank wire transfers; Visa/Mastercard availability is not specified for either.
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 | XTB | FXCM | |
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| Trust Score | 96 | 95 | |
| Winner | check_circle | ||
| Review | XTB Review | FXCM Review |
| Broker Screenshots | XTB | FXCM | |
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| Regulation | XTB | FXCM | |
|---|---|---|---|
| Trust Score | 96 | 95 | |
| Year Founded | 2002 | 1999 | |
| Publicly Traded (Listed) | Yes | Yes | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 4 | |
| Tier-2 Licenses | 2 | 2 | |
| Tier-3 Licenses | 1 | 0 | |
| Tier-4 Licenses | 2 | 0 |
| Tier-1 Licenses (Highly Trusted) | XTB | FXCM | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| Canada (CIRO Authorised) | No | Yes | |
| 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) | XTB | FXCM | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | Yes | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA, FSRA, or CMA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | XTB | FXCM | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 10521 | 440 | |
| Forex Pairs (Total) | 71 | 46 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | No | Yes | |
| Cryptocurrency (Underlying) | Yes | 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 | XTB | FXCM | |
|---|---|---|---|
| Average spread (EUR/USD) - Spread-only account | 1.06 | 0.9 | |
| All-in Cost EUR/USD - Raw spread account | 1.06 | 0.8 | |
| Inactivity Fee | Yes | Yes | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | XTB | FXCM | |
|---|---|---|---|
| Minimum Deposit | $0 | Starts from $50 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer (Deposit/Withdraw) | No | Yes |
| Trading Platforms | XTB | FXCM | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | No | |
| cTrader | No | No |
| Trading Tools | XTB | FXCM | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 92 | 115 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | XTB | FXCM | |
|---|---|---|---|
| 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 | 104 | 59 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | XTB | FXCM | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | No | |
| Trading Central | No | Yes | |
| TipRanks | No | Yes | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | XTB | FXCM | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | XTB | FXCM | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | XTB Review | FXCM Review |
| Overall | XTB | FXCM | |
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| Trust Score | 96 | 95 | |
| Winner | check_circle | ||
| Review | XTB Review | FXCM Review |
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