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FXCM vs Xtrade 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of FXCM vs Xtrade, 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
Xtrade
3.5/5 Stars Overall
  • Minimum Deposit: $250
  • Trust Score: 74
  • Tradeable Symbols (Total): 482

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, established in 1999, and Xtrade, founded in 2003, are prominent online brokers offering diverse trading services. FXCM stands out with a ForexBrokers.com Trust Score of 95, categorizing it as highly trusted. It is publicly traded, which adds to its transparency, and holds four Tier-1 licenses and two Tier-2 licenses, positioning it as a secure platform for traders. In contrast, Xtrade, with a Trust Score of 74, is considered to carry average risk. It is not publicly traded and holds one Tier-1 license and one Tier-2 license, indicating a moderate level of trust and regulatory oversight.

Feature FXCM logoFXCM
Xtrade logoXtrade
Year Founded info 1999 2003
Publicly Traded (Listed) info Yes No
Bank info No No
Tier-1 Licenses info 4 1
Tier-2 Licenses info 2 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 1

Fees

Comparing FXCM vs. Xtrade on commissions and fees: FXCM earns 4 stars and is ranked #25 for Commissions and Fees, while Xtrade earns 2.5 stars and is ranked #64. FXCM’s forex pricing is slightly above the industry average on standard accounts, but it publishes detailed figures and offers alternatives that can narrow costs. Xtrade does not provide average spread data, making apples-to-apples cost comparisons difficult.

FXCM’s May 2024 average EUR/USD spread was 0.78 pips for its EU, U.K., and Australia offerings and 1.38 pips at its St. Vincent and the Grenadines entity. Its commission-based accounts averaged 0.28 pips (excluding commissions), with an effective spread around 0.74 pips after the commission-equivalent of 0.50 pips per round turn. Active-trader pricing can further reduce costs: the FXCM Active Trader Rebate Program (not available in the U.K. or EU) pays $5–$25 per million traded if you meet volume thresholds (typically $10M+ per month). In the U.K., high-volume traders with a $25,000 balance and at least $50M monthly volume can see commissions drop to $2.50 per side ($5 round turn). As with most brokers, spreads can widen during rollover or in volatile markets.

Xtrade does not publish average spread figures, so typical trading costs are unclear beyond standard financing/overnight charges that may apply. Given the lack of transparent spread data and its 2.5-star rating with a #64 ranking for Commissions and Fees, Xtrade trails FXCM on cost clarity and potential value for active traders.

Feature FXCM logoFXCM
Xtrade logoXtrade
Minimum Deposit info Starts from $50 $250
Average Spread EUR/USD - Standard info 0.9 info N/A info
All-in Cost EUR/USD - Active info 0.8 info N/A info
Active Trader or VIP Discounts [DELETED] info
Non-wire bank transfer info Yes No
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

FXCM and Xtrade both support forex trading, available as CFDs or spot contracts. Xtrade offers a slightly wider range of investments with 482 tradeable symbols and 56 forex pairs, compared with FXCM’s 440 symbols and 46 pairs. Neither broker provides access to buy exchange‑traded shares directly on U.S. or international exchanges. Both allow trading in cryptocurrency derivatives, but neither lets you buy actual crypto.

For extras, FXCM includes copy trading, while Xtrade does not. Each broker earns 3.5 out of 5 stars for Range of Investments. In category rankings, FXCM places 48th out of 63 brokers, and Xtrade ranks 50th. Choose Xtrade if you want a slightly broader selection of instruments and forex pairs, or FXCM if copy trading matters to you.

Feature FXCM logoFXCM
Xtrade logoXtrade
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 440 482
Forex Pairs (Total) info 46 info 56
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info No No
Social Trading / Copy Trading info Yes No
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) 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

FXCM and Xtrade both make it easy to get started with a free demo account and each has its own proprietary trading platform. You can trade in your browser with either broker, and both let you place trades directly from charts. Key differences: FXCM also offers a Windows desktop platform and supports MetaTrader 4 (MT4), while Xtrade does not provide a desktop download and doesn’t support MT4. Copy trading is available at FXCM but not at Xtrade. Neither broker supports MetaTrader 5 (MT5).

For platform quality and tools, FXCM earns 5 stars and ranks #6 out of 63 brokers on ForexBrokers.com, while Xtrade scores 3.5 stars and ranks #59. If you want MT4, copy trading, or a full desktop setup, FXCM is the stronger fit; if you prefer a simple, web-only experience with a demo account, Xtrade can cover the basics.

Feature FXCM logoFXCM
Xtrade logoXtrade
Virtual Trading (Demo) info Yes Yes
Proprietary Desktop Trading Platform info Yes Yes
Desktop Platform (Windows) info Yes No
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes No
MetaTrader 5 (MT5) info No No
DupliTrade [DELETED] info
ZuluTrade [DELETED] info
Charting - Indicators / Studies (Total) info 115 N/A
Charting - Drawing Tools (Total) [DELETED] info
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields [DELETED] info

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

Forex trading apps

Both FXCM and Xtrade offer iPhone and Android apps, but FXCM packs in more mobile trading features. FXCM’s app includes stock and forex price alerts, synced watchlists that match your online account, 59 technical studies, trendline drawing, multiple time frames (intraday, daily, weekly), auto-saving for chart drawings, and real-time quote watchlists. Xtrade provides iOS and Android access but lacks price alerts, watchlist syncing, trendline drawing, multiple time frames, auto-saving for drawings, and real-time watchlists; it also does not list the number of technical studies available.

According to ForexBrokers.com, FXCM earns 4.5 stars and ranks #16 out of 63 brokers for Mobile Trading Apps, while Xtrade earns 4 stars and ranks #54. If you want stronger charting, alerts, and seamless watchlist management on mobile, FXCM stands out; for a simpler app experience, Xtrade may be enough.

Feature FXCM logoFXCM
Xtrade logoXtrade
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes No
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 59 N/A
Mobile Charting - Draw Trendlines info Yes No
Mobile Charting - Multiple Time Frames info Yes No
Mobile Charting - Drawings Autosave info Yes No
Mobile Watchlist info Yes No

Dive deeper: Best Forex Trading Apps.

Market research

Comparing FXCM vs Xtrade for market research, both brokers publish daily market commentary, stream forex news from leading outlets like Bloomberg, Reuters, or Dow Jones, and provide an economic calendar. Neither platform includes Autochartist or tools from Acuity Trading.

FXCM adds more research depth with Trading Central analytics, a client sentiment tool showing long/short positioning, and TipRanks insights—features Xtrade does not offer. Reflecting these differences, FXCM earns 4.5/5 stars for Research and ranks #11 out of 63 brokers at ForexBrokers.com, while Xtrade scores 3.5/5 stars and ranks #53.

Feature FXCM logoFXCM
Xtrade logoXtrade
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No No
Trading Central (Recognia) info Yes No
Client sentiment data info Yes No
TipRanks info Yes No
Signal Centre (Acuity Trading) info No No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

FXCM stands out for beginner trading education compared with Xtrade. FXCM runs at least one educational client webinar each month and offers at least 10 beginner-focused videos plus at least 10 advanced videos to help you progress from basics to more complex forex and CFD topics. Xtrade does not host monthly educational webinars and does not meet the 10‑video threshold for beginner or advanced topics. Details about each broker’s wider library of forex/CFD articles, any searchable webinar archive, or whether they provide an investor dictionary were not specified.

Independent ratings highlight this gap. For Education, ForexBrokers.com rates FXCM 4.5 out of 5 stars and ranks it 14th out of 63 brokers, while Xtrade earns 3.5 stars and ranks 46th. If you want frequent live teaching and a deeper video lineup to start learning forex and CFDs, FXCM is the stronger pick; if you’re fine without webinars and with fewer videos, Xtrade may still cover the basics.

Feature FXCM logoFXCM
Xtrade logoXtrade
Education (Forex or CFDs) info
Webinars info Yes No
Client Webinars (Archived) [DELETED] info
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) [DELETED] info

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 Xtrade. FXCM finished with an overall rank of #15, while Xtrade finished with an overall rank of #60.

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
Xtrade logoXtrade
Overall Rating info 4.5/5 Stars 3.5/5 Stars
Trust Score info 95 74
Range of Investments 3.5/5 Stars 3.5/5 Stars
Commissions & Fees 4/5 Stars 2.5/5 Stars
Platforms & Tools 5/5 Stars 3.5/5 Stars
Research 4.5/5 Stars 3.5/5 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 Xtrade?

Both FXCM and Xtrade do not offer the ability to buy actual (delivered) cryptocurrency, but they do provide options for trading cryptocurrency derivatives.

What funding options does each broker offer?

When comparing FXCM and Xtrade for online trading, FXCM provides more diverse deposit and withdrawal options such as ACH, SEPA, and PayPal, alongside common methods like Skrill, Visa, Mastercard, and bank wires, whereas Xtrade lacks ACH, SEPA, and PayPal, but supports Skrill, Visa, Mastercard, and bank wires.

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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 Xtrade
Overall Rating info 4.5/5 Stars 3.5/5 Stars
Commissions & Fees 4/5 Stars 2.5/5 Stars
Range of Investments 3.5/5 Stars 3.5/5 Stars
Platforms & Tools 5/5 Stars 3.5/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4.5/5 Stars 3.5/5 Stars
Education 4/5 Stars 3.5/5 Stars
Trust Score info 95 74
Winner check_circle
Review FXCM Review Xtrade Review
Broker Screenshots FXCM Xtrade
Broker Gallery (click to expand) info
FXCM mobile app watchlist. FXCM web platform. FXCM research web articles market analysis. FXCM education articles
Regulation FXCM Xtrade
Trust Score info 95 74
Year Founded info 1999 2003
Publicly Traded (Listed) info Yes No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes
Tier-1 Licenses info 4 1
Tier-2 Licenses info 2 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 1
Tier-1 Licenses (Highly Trusted) FXCM Xtrade
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 No
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 Yes
Tier-2 Licenses (Trusted) FXCM Xtrade
Kenya (CMA Authorised) info
Israel (ISA Authorised) info Yes No
South Africa (FSCA Authorised) info Yes Yes
UAE (DFSA, FSRA, or SCA Authorised) info No No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info
Investments FXCM Xtrade
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 440 482
Forex Pairs (Total) info 46 info 56
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info No No
Social Trading / Copy Trading info Yes No
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) 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 Xtrade
Average Spread EUR/USD - Standard info 0.9 info N/A info
All-in Cost EUR/USD - Active info 0.8 info N/A info
Active Trader or VIP Discounts [DELETED] info
Inactivity Fee info Yes No
Execution: Agency Broker info Yes No
Execution: Market Maker info Yes Yes
Funding FXCM Xtrade
Minimum Deposit info Starts from $50 $250
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
Non-wire bank transfer info Yes No
Trading Platforms FXCM Xtrade
Proprietary Desktop Trading Platform info Yes Yes
Desktop Platform (Windows) info Yes No
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes No
MetaTrader 5 (MT5) info No No
cTrader info No No
DupliTrade [DELETED] info
ZuluTrade [DELETED] info
Trading Tools FXCM Xtrade
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes No
Watchlists - Total Fields [DELETED] info
Charting - Indicators / Studies (Total) info 115 N/A
Charting - Drawing Tools (Total) [DELETED] info
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes No
Mobile Trading FXCM Xtrade
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes No
Mobile Watchlist info Yes No
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 59 N/A
Mobile Charting - Draw Trendlines info Yes No
Mobile Charting - Multiple Time Frames info Yes No
Mobile Charting - Drawings Autosave info Yes No
Mobile Economic Calendar info Yes No
Research FXCM Xtrade
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No No
Trading Central (Recognia) info Yes No
TipRanks info Yes No
Client sentiment data info Yes No
Economic Calendar info Yes Yes
Education FXCM Xtrade
Education (Forex or CFDs) info
Webinars info Yes No
Client Webinars (Archived) [DELETED] info
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) [DELETED] info
Major Forex Pairs FXCM Xtrade
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review FXCM Review Xtrade Review
Overall FXCM Xtrade
Overall Rating info 4.5/5 Stars 3.5/5 Stars
Commissions & Fees 4/5 Stars 2.5/5 Stars
Range of Investments 3.5/5 Stars 3.5/5 Stars
Platforms & Tools 5/5 Stars 3.5/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4.5/5 Stars 3.5/5 Stars
Education 4/5 Stars 3.5/5 Stars
Trust Score info 95 74
Winner check_circle
Review FXCM Review Xtrade Review
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