AvaTrade vs. FXCM

AvaTrade
49%
Deposit 100 EUR/USD
Spreads 0.9 EUR/USD
*The value is indicative from the broker's website. The spread amount is variable.
Established 2006
Currency Pairs (Total Forex pairs) 60
Country: Poland, Australia
Regulation:
Authorised in the European Union (EU)
ASIC (Australia)
Trading app:
Desktop Platform (Windows)
Web Platform
MetaTrader 5 (MT5)
Number of CFD asset classes: 6
Broker type: MM
Support:
Phone
Mail
Chat
Funding methods:
Skrill
Visa/Mastercard
Bank Wire
* Some of the payment methods may not be available in your country.
Real Stocks and ETFs:
FXCM
52%
Deposit 50 EUR/USD
Spreads 1 EUR/USD
*The value is indicative from the broker's website. The spread amount is variable.
Established 1999
Currency Pairs (Total Forex pairs) 20
Country: Germany
Regulation:
FCA (UK)
Authorised in the European Union (EU)
ASIC (Australia)
Cysec
Trading app:
Desktop Platform (Windows)
Web Platform
Social Trading / Copy-Trading
Number of CFD asset classes: 7
Broker type: MM
Support:
Phone
Mail
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.
Real Stocks and ETFs:

Winner of the comparison

49%
AvaTrade
52%
FXCM
Winner
If you don’t want to read the full comparison, the winner of our review is FXCM, which takes the lead with a rating of 52%, while AvaTrade only reaches 49%. AvaTrade requires a minimum deposit of 100 EUR/USD, while FXCM sets it at 50 EUR/USD. Conversely, FXCM scores with a lower minimum deposit. For AvaTrade, the spread is 0.9 EUR/USD, while for FXCM it is 1 EUR/USD. Tighter spreads make AvaTrade a more advantageous choice. AvaTrade offers 60 forex pairs, while FXCM provides 20. A wider selection gives AvaTrade the advantage. AvaTrade was founded in 2006, while FXCM has been operating since 1999. The older FXCM has the upper hand in this regard. This advantage goes to FXCM, while AvaTrade lacks it. AvaTrade is overseen by 2 regulatory bodies, while FXCM has 4. Stricter oversight at FXCM gives it an advantage. AvaTrade supports 3 platforms, while FXCM offers 3. In terms of platform count, both are on the same level.

Comprehensive Comparison: AvaTrade vs FXCM

A detailed look at two popular brokers from our portfolio

Comparison Result
Winner of this comparison: FXCM with an overall rating of 52%
AvaTrade
Min. Deposit
100
EUR/USD Spread
0.9
Currency Pairs
60
Year Established
2006
FXCM
Min. Deposit
50
EUR/USD Spread
1
Currency Pairs
20
Year Established
1999

Key Strengths

AvaTrade
  • Information about advantages is not available
FXCM
    • The broker is regulated in four Tier-1 jurisdictions and two Tier-2 jurisdictions.
    • FXCM has received awards for the best tools and platforms, professional trading, algorithmic trading, and copy trading.
    • FXCM publishes monthly execution reports, including statistics on slippage and order execution quality.

Comparison by Categories

Trading Tools
AvaTrade
80%
FXCM
60%
Trading Platforms
AvaTrade
43%
FXCM
43%
Trading Costs
AvaTrade
80%
FXCM
20%
Educational Materials
AvaTrade
50%
FXCM
67%
Customer Support
AvaTrade
100%
FXCM
67%
Overall Rating
AvaTrade
49%
FXCM
52%

Our Recommendations

Best for Beginners
Thanks to comprehensive educational materials and a user-friendly platform, FXCM is an ideal choice for new traders.
Best Platform
Both brokers offer excellent trading platforms with similar features and user-friendliness.
Lowest Costs
AvaTrade offers competitive spreads and lower fees, making it ideal for active traders.
Investments
# AvaTrade FXCM
Currency Pairs (Total Forex pairs) 60 20
CFDs – Total Offered 722+ 200+
Options CFD
Share CFDs
Forex CFD
Commodities CFD
ETF CFD
Indicies CFD
Cryptocurrency traded as actual
Cryptocurrency traded as CFD
Investments rating 75% 88%
Winner
Cost
# AvaTrade FXCM
Average Spread EUR/USD *The value is indicative from the broker's website. The spread amount is variable. 0.9 1
Deposit from 100 50
Account fee
Inactivity fee
Active Trader or VIP Discounts
Withdrawal fees
Deposit fees
Cost rating 80% 20%
Winner
Trading app
# AvaTrade FXCM
Desktop Platform (Windows)
Web Platform
Social Trading / Copy-Trading
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Currenex
cTrader
Trading Platforms rating 43% 43%
Winner
Trading Tools
# AvaTrade FXCM
Financial leverage
Virtual Trading (Demo)
Alerts – Basic Fields
Charting – Indicators / Studies (Total)
Charting – Drawing Tools (Total)
Charting – Trade From Chart
Stop-Loss
Finacial Calendar
Daily financial news
Order Type – Trailing Stop
Trading Tools rating 80% 60%
Winner
Research
# AvaTrade FXCM
Daily Market Commentary
Forex News (Top-Tier Sources)
Weekly Webinars
Social Sentiment – Currency Pairs
Economic Calendar
Research
Research rating 67% 50%
Winner
Education
# AvaTrade FXCM
Has Education – Forex
Has Education – CFDs
Client Webinars
Videos – Advanced Trading Videos
Investor Dictionary (Glossary)
Education
Education rating 50% 67%
Winner
Forex
# AvaTrade FXCM
GBP/USD
USD/JPY
EUR/USD
USD/CHF
USD/CAD
NZD/USD
AUD/USD
Major Forex Pairs rating 100% 100%
Winner
Commodities
# AvaTrade FXCM
Gold
Silver
WIT Oil
Brent Oil
Coffee
Cocoa
Soybeans
Rice
Corn
Platinum
Palladium
Commodities rating 64% 36%
Winner
Indicies
# AvaTrade FXCM
DAX 40
S&P 500
Nasdaq
Dow Jones
Nikkei
Indices rating 100% 80%
Winner
Cryptocurrencies
# AvaTrade FXCM
Bitcoin
Litecoin
Ethereum
Ripple
Neo
Stellar
Cardano
Tron
Monero
EOS
Cryptocurrencies rating 60% 40%
Winner
Regulations
# AvaTrade FXCM
Cysec
ASIC (Australia)
FCA (UK)
Authorised in the European Union (EU)
CFTC Registered (USA)
FINMA (Switzerland)
Regulations rating 33% 67%
Winner
Support
# AvaTrade FXCM
Chat
Phone
Mail
Support rating 100% 67%
Winner
Overall
# AvaTrade FXCM
Go to the full broker review AvaTrade FXCM
Win / Loss % 49% 52%
Winner