Compare AvaTrade vs FXCM

AvaTrade AvaTrade AvaTrade FXCM
AvaTrade FXCM
Established 2006 Established 1999
Web Web
Location Five Lamps Place, Amiens Street,Dublin 1 Ireland Location 20 Gresham Street, 4th Floor, London EC2V 7JE, United Kingdom.
Phone +(35)725030235 Phone +1 646 253 1401
E-mail customer@avatrade.com E-mail info@fxcmmarkets.com
Country Poland, Australia Country Germany
Regulation Authorised in the European Union (EU) ASIC (Australia) Regulation FCA (UK) Authorised in the European Union (EU) ASIC (Australia) Cysec
Number of instruments CFD 6 Number of instruments CFD 7
Broker type MM Broker type MM
Support Phone Mail Chat Support Phone Mail
Deposit from 100 EUR/USD Deposit from 100 EUR/USD
Spreads 0.9 EUR/USD * Spread is dated 02.01.2024 12:00, spread amount is subject to change. Spreads 1 EUR/USD * Spread is dated 02.01.2024 12:00, spread amount is subject to change.
Real Stocks and ETFs Real Stocks and ETFs
Platforms Desktop Platform (Windows) Web Platform MetaTrader 5 (MT5) Platforms Desktop Platform (Windows) Web Platform Social Trading / Copy-Trading
Instruments CFD Commodities, Options, Forex, ETF, Cryptocurrency traded as CFD, Indicies Instruments CFD Commodities, Cryptocurrency traded as actual, Options, Forex, ETF, Cryptocurrency traded as CFD, Indicies
Funding methods
Skrill Visa/Mastercard Bank Wire
* Some of the payment methods may not be available in your country.
Funding methods
Skrill GiroPay Qiwi FasaPay UnionPay BitPay Klarna PaySafeCard PayPal Advcash Cryptocurrencies Poli WebMoney
* Some of the payment methods may not be available in your country.

We have compared AvaTrade and FXCM to see what the key differences are between these brokers.

Our goal was to create a comparison of brokers so you can get an overview of their features, fees, trading platforms, instruments and more.

Below is a comparison of AvaTrade VS FXCM

During our testing, we evaluated various points that we liked, disliked or were indifferent to. When evaluating certain features, we tried to be objective and fair based on what features the broker offered versus how competitive its fees were. In addition, we created our own unique rating system that we use to judge all brokers.

Compare broker parameters depending on what you are interested in, cryptocurrencies, stocks, commodities or Forex? What is the difference between brokers AvaTrade vs FXCM? At broker AvaTrade you can trade a total of 60 currency pairs, in total you can find over 722+ instruments. At broker FXCM you can trade a total of 20 of currency pairs, in total you will find over 200+ instruments. Broker AvaTrade provides Client Webinars, Has Education – CFDs, Has Education – Forex. Broker FXCM offers trading platforms of type Desktop Platform (Windows), Web Platform, Social Trading / Copy-Trading.

Investments

# AvaTrade FXCM
Currency Pairs (Total Forex pairs) 60 20
CFDs – Total Offered 722+ 200+
Options CFD Yes Yes
Share CFDs No No
Forex CFD Yes Yes
Commodities CFD Yes Yes
ETF CFD Yes Yes
Indicies CFD Yes Yes
Cryptocurrency traded as actual No Yes
Cryptocurrency traded as CFD Yes Yes
Real Stocks and ETFs No Yes
Investments rating 75% 88%
Winner

Cost

# AvaTrade FXCM
Average Spread EUR/USD * Spread is dated 02.01.2024 12:00, spread amount is subject to change. 0.9 1
Deposit from 100 100
Account fee No No
Inactivity fee Yes Yes
Active Trader or VIP Discounts No Yes
Withdrawal fees No Yes
Deposit fees No Yes
Cost rating 80% 20%
Winner

Trading Platforms

# AvaTrade FXCM
Desktop Platform (Windows) Yes Yes
Web Platform Yes Yes
Social Trading / Copy-Trading No Yes
MetaTrader 4 (MT4) No No
MetaTrader 5 (MT5) Yes No
Currenex No No
cTrader No No
Trading Platforms rating 100% 100%
Winner

Trading Tools

# AvaTrade FXCM
Financial leverage Yes No
Virtual Trading (Demo) Yes Yes
Alerts – Basic Fields Yes Yes
Charting – Indicators / Studies (Total) Yes No
Charting – Drawing Tools (Total) Yes Yes
Charting – Trade From Chart No No
Stop-Loss Yes Yes
Finacial Calendar Yes Yes
Daily financial news No Yes
Order Type – Trailing Stop Yes No
Trading Tools rating 80% 60%
Winner

Mobile Trading

# AvaTrade FXCM
Android App Yes Yes
Apple iOS App Yes Yes
Alerts – Basic Fields Yes No
SMS alerts No No
Mobile Trading Yes No
Mobile Trading rating 80% 40%
Winner

Research

# AvaTrade FXCM
Daily Market Commentary Yes No
Forex News (Top-Tier Sources) Yes Yes
Weekly Webinars Yes Yes
Social Sentiment – Currency Pairs No Yes
Economic Calendar Yes No
Research No No
Research rating 67% 50%
Winner

Education

# AvaTrade FXCM
Has Education – Forex Yes No
Has Education – CFDs Yes Yes
Client Webinars Yes Yes
Videos – Advanced Trading Videos No Yes
Investor Dictionary (Glossary) No No
Education No Yes
Education rating 50% 67%
Winner

Major Forex Pairs

# AvaTrade 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
Major Forex Pairs rating 100% 100%
Winner

Commodities

# AvaTrade FXCM
Gold No No
Silver Yes Yes
WIT Oil Yes No
Brent Oil Yes Yes
Coffee No No
Cocoa No Yes
Soybeans Yes Yes
Rice No No
Corn Yes No
Platinum Yes No
Palladium Yes No
Commodities rating 64% 36%
Winner

Indices

# AvaTrade FXCM
DAX 30 Yes No
S&P 500 Yes Yes
Nasdaq Yes Yes
Dow Jones Yes Yes
Nikkei Yes Yes
Indices rating 100% 80%
Winner

Cryptocurrencies

# AvaTrade FXCM
Bitcoin Yes No
Litecoin Yes No
Ethereum Yes Yes
Ripple Yes No
Neo Yes No
Stellar Yes Yes
Cardano No Yes
Tron No No
Monero No Yes
EOS No No
Cryptocurrencies rating 60% 40%
Winner

Regulations

# AvaTrade FXCM
Cysec No Yes
ASIC (Australia) Yes Yes
FCA (UK) No Yes
Authorised in the European Union (EU) Yes Yes
CFTC Registered (USA) No No
FINMA (Switzerland) No No
Regulations rating 33% 67%
Winner

Support

# AvaTrade FXCM
Chat Yes No
Phone Yes Yes
Mail Yes Yes
Support rating 100% 67%
Winner

Overall

# AvaTrade FXCM
Link AvaTrade FXCM
Win / Loss % 49% 52%
Winner