Compare ForexTime vs FXCM

ForexTime ForexTime
46%
Deposit 200 EUR/USD
Spreads 1.5 EUR/USD
*The value is indicative from the broker's website. The spread amount is variable.
Established 2011
Currency Pairs (Total Forex pairs) 35
Country: Cyprus
Regulation:
FCA (UK)
Cysec
Trading app:
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Number of CFD asset classes: 6
Broker type: ECN, STP
Support:
Phone
Mail
Chat
Funding methods:
Skrill
Visa/Mastercard
Bank Wire
WebMoney
* Some of the payment methods may not be available in your country.
Real Stocks and ETFs:
FXCM 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

46%
ForexTime
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 ForexTime only reaches 46%. ForexTime requires a minimum deposit of 200 EUR/USD, while FXCM sets it at 50 EUR/USD. Conversely, FXCM scores with a lower minimum deposit. For ForexTime, the spread is 1.5 EUR/USD, while for FXCM it is 1 EUR/USD. Lower spreads at FXCM give it the edge. ForexTime offers 35 forex pairs, while FXCM provides 20. A wider selection gives ForexTime the advantage. ForexTime was founded in 2011, while FXCM has been operating since 1999. The older FXCM has the upper hand in this regard. This advantage goes to FXCM, while ForexTime lacks it. ForexTime is overseen by 2 regulatory bodies, while FXCM has 4. Stricter oversight at FXCM gives it an advantage. ForexTime supports 2 platforms, while FXCM offers 3. More options are provided by FXCM.

Comprehensive Comparison: ForexTime 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%
ForexTime
Min. Deposit
200
EUR/USD Spread
1.5
Currency Pairs
35
Year Established
2011
FXCM
Min. Deposit
50
EUR/USD Spread
1
Currency Pairs
20
Year Established
1999

Key Strengths

ForexTime
    • Strong educational materials: FXTM provides a wide range of educational materials that can help traders improve their skills and understanding of the markets.
    • Flexible account types: The platform offers various account types, allowing traders to choose the right option according to their needs and preferences.
    • Dedicated account representative: FXTM provides each client with a dedicated account representative who can assist with any questions or issues.
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
ForexTime
90%
FXCM
60%
Trading Platforms
ForexTime
29%
FXCM
43%
Trading Costs
ForexTime
80%
FXCM
20%
Educational Materials
ForexTime
67%
FXCM
67%
Customer Support
ForexTime
100%
FXCM
67%
Overall Rating
ForexTime
46%
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
The trading platform of broker FXCM offers an intuitive interface and advanced features for efficient trading.
Lowest Costs
ForexTime offers competitive spreads and lower fees, making it ideal for active traders.

Start Trading Today

Try trading with a free demo account and test your trading strategies without risk.

Investments
# ForexTime FXCM
Currency Pairs (Total Forex pairs) 35 20
CFDs – Total Offered 250+ 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
# ForexTime FXCM
Average Spread EUR/USD *The value is indicative from the broker's website. The spread amount is variable. 1.5 1
Deposit from 200 50
Account fee
Inactivity fee
Active Trader or VIP Discounts
Withdrawal fees
Deposit fees
Cost rating 80% 20%
Winner
Trading app
# ForexTime FXCM
Desktop Platform (Windows)
Web Platform
Social Trading / Copy-Trading
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Currenex
cTrader
Trading Platforms rating 29% 43%
Winner
Trading Tools
# ForexTime 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 90% 60%
Winner
Research
# ForexTime FXCM
Daily Market Commentary
Forex News (Top-Tier Sources)
Weekly Webinars
Social Sentiment – Currency Pairs
Economic Calendar
Research
Research rating 50% 50%
Winner
Education
# ForexTime FXCM
Has Education – Forex
Has Education – CFDs
Client Webinars
Videos – Advanced Trading Videos
Investor Dictionary (Glossary)
Education
Education rating 67% 67%
Winner
Forex
# ForexTime FXCM
GBP/USD
USD/JPY
EUR/USD
USD/CHF
USD/CAD
NZD/USD
AUD/USD
Major Forex Pairs rating 100% 100%
Winner
Commodities
# ForexTime FXCM
Gold
Silver
WIT Oil
Brent Oil
Coffee
Cocoa
Soybeans
Rice
Corn
Platinum
Palladium
Commodities rating 55% 36%
Winner
Indicies
# ForexTime FXCM
DAX 40
S&P 500
Nasdaq
Dow Jones
Nikkei
Indices rating 100% 80%
Winner
Cryptocurrencies
# ForexTime FXCM
Bitcoin
Litecoin
Ethereum
Ripple
Neo
Stellar
Cardano
Tron
Monero
EOS
Cryptocurrencies rating 30% 40%
Winner
Regulations
# ForexTime FXCM
Cysec
ASIC (Australia)
FCA (UK)
Authorised in the European Union (EU)
CFTC Registered (USA)
FINMA (Switzerland)
Regulations rating 33% 67%
Winner
Support
# ForexTime FXCM
Chat
Phone
Mail
Support rating 100% 67%
Winner
Overall
# ForexTime FXCM
Go to the full broker review ForexTime FXCM
Win / Loss % 46% 52%
Winner