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XTB vs FXCM 2021

Is FXCM better than XTB? In our analysis of 23 international regulators across 50 brokers, FXCM is considered low-risk, with an overall Trust Score of 93 out of 99. XTB is considered low-risk, with an overall Trust Score of 92 out of 99. Learn more about Trust Score.


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 XTB FXCM
Overall 4.5 4
Commissions & Fees 4 3.5
Offering of Investments 5 4
Platforms & Tools 4.5 4.5
Mobile Trading 4 4
Research 4.5 4
Education 4 4
Trust Score 93 93
XTB Review FXCM Review
73% of retail CFD accounts lose money Between 70% of retail CFD accounts lose money

Regulation

Feature XTB FXCM
Trust Score 93 93
Year Founded
2002 1999
Publicly Traded (Listed)
Yes Yes
Bank
No No
Tier-1 Licenses
1 3
Tier-2 Licenses
2 3
Tier-3 Licenses
1 0
Authorised in the European Union
Yes Yes

Tier-1 Licenses (High Trust)

Feature XTB 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 XTB FXCM
Forex Trading
Yes Yes
CFDs (Total)
9600 82
Forex Pairs (Total)
49 39
Cryptocurrency (Physical)
No No
Cryptocurrency (CFD)
Yes Yes
Social Trading / Copy-Trading
Yes Yes

Cost

Feature XTB FXCM
Average Spread EUR/USD - Standard
0.86 (Q2 2020) 1.4 (Q2 2020)
All-in Cost EUR/USD - Active
0.78 (as of Q3 19) 1.1 (Q2 2020)
Active Trader or VIP Discounts
Yes Yes

Funding

Feature XTB FXCM
Minimum Deposit
$0.00 Starts from $50-£300 (depending on location)
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
Yes Yes
PayPal (Deposit/Withdraw)
Yes No
Skrill (Deposit/Withdraw)
Yes Yes

Trading Platforms

Feature XTB FXCM
Proprietary Platform
Yes Yes
Desktop Platform (Windows)
Yes Yes
Web Platform
Yes Yes
Social Trading / Copy-Trading
Yes Yes
MetaTrader 4 (MT4)
Yes Yes
MetaTrader 5 (MT5)
No No
cTrader
No No
DupliTrade
No No
ZuluTrade
No Yes

Trading Tools

Feature XTB FXCM
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes Yes
Watchlists - Total Fields
8 12
Charting - Indicators / Studies (Total)
37 52
Charting - Drawing Tools (Total)
29 26
Charting - Trade From Chart
Yes Yes
Charting - Drawings Autosave
Yes Yes
Order Type - Trailing Stop
Yes Yes

Mobile Trading

Feature XTB FXCM
Android App
Yes Yes
Apple iOS App
Yes Yes
Alerts - Basic Fields
No No
Watch List
Yes Yes
Watch List Syncing
No Yes
Charting - Indicators / Studies
13 59
Charting - Draw Trendlines
Yes Yes
Charting - Trendlines Moveable
Yes Yes
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
Yes Yes
Forex Calendar
Yes Yes

Research

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

Education

Feature XTB FXCM
Has Education - Forex
Yes Yes
Has Education - CFDs
Yes No
Client Webinars
No Yes
Client Webinars (Archived)
Yes Yes
Videos - Beginner Trading Videos
Yes Yes
Videos - Advanced Trading Videos
Yes Yes
Investor Dictionary (Glossary)
No Yes

Major Forex Pairs

Feature XTB 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 XTB FXCM
Overall 4.5 4
Commissions & Fees 4 3.5
Offering of Investments 5 4
Platforms & Tools 4.5 4.5
Mobile Trading 4 4
Research 4.5 4
Education 4 4
Trust Score 93 93
XTB Review FXCM Review

Comparing forex brokers side by side is no easy task. For our 2021 annual forex broker review, we spent hundreds of hours assessing 27 forex and CFD brokerages to find the best forex broker. Let's compare FXCM vs XTB.

Does FXCM or XTB offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, XTB offers better pricing overall for traders.

Is FXCM or XTB safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 20 international regulator databases. Here's our findings. FXCM holds 3 global Tier-1 licenses, while XTB holds 1. FXCM holds 3 global Tier-2 licenses, while XTB holds 2. In our analysis of 23 international regulators across 50 brokers, FXCM and XTB earned the same Trust Score.

Which trading platform is better: FXCM or XTB?
To compare the trading platforms of both FXCM and XTB, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, FXCM offers a better experience. With research, XTB offers superior market research. Finally, we found FXCM to provide better mobile trading apps.

What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. FXCM and XTB both offer copy trading. Both FXCM and XTB offer MetaTrader 4 (MT4).

How many forex pairs and CFDs are available to trade?
XTB provides traders 49 currency pairs (e.g., EUR/USD) compared to FXCM's 39 available pairs. Forex pairs aside, XTB offers traders access to 9600 CFDs while FXCM has 82 available CFDs, a difference of 9,518.

Can I trust FXCM?
FXCM's parent company is publicly-traded, does not operate a bank, and is authorised by three tier-1 regulators (high trust), three tier-2 regulators (average trust), and zero tier-3 regulators (low trust). FXCM is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC), Financial Conduct Authority (FCA), and via Friedberg Direct, with the Investment Industry Regulatory Organization of Canada (IIROC).

Can I trust XTB?
XTB is a publicly traded company that is authorised by one tier-1 regulator (high trust), one tier-2 regulator (average trust), and one tier-3 regulator (low trust). XTB is authorised by the following tier-1 regulator: Financial Conduct Authority (FCA).

Is FXCM good?
While the range of tradeable markets is narrow and pricing is just average, traders that appreciate robust trading tools alongside quality market research will find FXCM to be a winner.

Is XTB good?
As a trusted multi-asset broker, XTB offers traders outstanding customer service and an excellent trading experience overall thanks to the xStation 5 trading platform.

Overall winner: XTB

Read Next: Best Forex Brokers 2021


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Trading CFDs, FX, and cryptocurrencies involve 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 website as of 12/14/2020 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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