Compare FXCM vs Degiro
FXCM
Degiro
50 EUR/USD
Deposit
100 EUR/USD
Deposit
1 EUR/USD
Spreads
*The value is indicative from the broker's website. The spread amount is variable.
Spreads
*The value is indicative from the broker's website. The spread amount is variable.
Web
Established
1999
2008
Country
Germany
Germany
Regulation
Number of CFD asset classes
7
2
Broker type
MM
ECN,
STP
Support
Platforms
Funding methods
* Some of the payment methods may not be available in your country.
* Some of the payment methods may not be available in your country.
Real Stocks and ETFs
Broker Comparison: FXCM vs Degiro
We compared FXCM and Degiro to identify the key differences between these brokers. Our goal was to create a broker comparison so you have an overview of their features, fees, trading platforms, instruments, and more.
Below is a comparison of FXCM VS Degiro
Key Broker Parameters
FXCM
-
Currency Pairs: Broker FXCM offers a total of 20 currency pairs.
-
Instruments: At broker FXCM, you will find over 200+ instruments.
Degiro
-
Currency Pairs: Broker Degiro offers a total of 9 currency pairs.
-
Instruments: At broker Degiro, you will find over 0 instruments.
Educational Resources and Trading Platforms
FXCM
Educational Resources:
Client Webinars Has Education – CFDs Education Videos – Advanced Trading Videos
Client Webinars Has Education – CFDs Education Videos – Advanced Trading Videos
Trading Platforms:
Desktop Platform (Windows) Web Platform Social Trading / Copy-Trading
Desktop Platform (Windows) Web Platform Social Trading / Copy-Trading
Degiro
Educational Resources:
Education Investor Dictionary (Glossary)
Education Investor Dictionary (Glossary)
Trading Platforms:
Web Platform
Web Platform
Pros and Cons: FXCM
Pros
- 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.
Cons
- FXCM does not support the MetaTrader 5 (MT5) platform, which may be a disadvantage for traders who prefer this platform.
- Crypto CFDs are not available to retail traders at FXCM entities in the UK and to UK residents.
Pros and Cons: Degiro
Pros
Cons
Licenses and Regulations of FXCM
Licences and regulation
The regulations of the broker FXCM include the following permits and registrations:
- FXCM (PTY) Ltd - FSCA (South Africa) registration no. FSP 46534
- FXCM Pty. Limited (FXCM AU) - ASIC (Australia) registration no. AFSL 309763, ACN: 121934432
- Forex Capital Markets Limited (FXCM LTD) - FCA (UK) registration no. 217689
Licenses and Regulations of Degiro
Licences and regulation
The regulations of the broker Degiro include the following permits and registrations:
- flatexDEGIRO Bank Dutch Branch - regulated by AFM (Netherlands Authority for the Financial Markets) and DNB (De Nederlandsche Bank) permit no 12048408
- flatexDEGIRO Bank AG, flatexDEGIRO AG - BaFin (Germany) registration HRB no 103516
Our broker comparison is based on available information and parameters and is therefore subjective. We recommend exploring additional resources before making a final decision.
Investments
| # | FXCM | Degiro |
|---|---|---|
| Currency Pairs (Total Forex pairs) | 20 | 9 |
| CFDs – Total Offered | 200+ | 0 |
| Options CFD | Yes | Yes |
| Share CFDs | No | No |
| Forex CFD | Yes | No |
| Commodities CFD | Yes | No |
| ETF CFD | Yes | Yes |
| Indicies CFD | Yes | No |
| Cryptocurrency traded as actual | Yes | No |
| Cryptocurrency traded as CFD | Yes | No |
| Real Stocks and ETFs | Yes | Yes |
| Investments rating | 88% | 25% |
| Winner |
Cost
| # | FXCM | Degiro |
|---|---|---|
| Average Spread EUR/USD *The value is indicative from the broker's website. The spread amount is variable. | 1 | 0 |
| Deposit from | 50 | 100 |
| Account fee | No | No |
| Inactivity fee | Yes | Yes |
| Active Trader or VIP Discounts | Yes | No |
| Withdrawal fees | Yes | No |
| Deposit fees | Yes | No |
| Cost rating | 20% | 80% |
| Winner |
Trading app
| # | FXCM | Degiro |
|---|---|---|
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Social Trading / Copy-Trading | Yes | No |
| MetaTrader 4 (MT4) | No | No |
| MetaTrader 5 (MT5) | No | No |
| Currenex | No | No |
| cTrader | No | No |
| Trading Platforms rating | 100% | 100% |
| Winner |
Trading Tools
| # | FXCM | Degiro |
|---|---|---|
| Financial leverage | No | Yes |
| Virtual Trading (Demo) | Yes | Yes |
| Alerts – Basic Fields | Yes | No |
| Charting – Indicators / Studies (Total) | No | Yes |
| Charting – Drawing Tools (Total) | Yes | Yes |
| Charting – Trade From Chart | No | Yes |
| Stop-Loss | Yes | Yes |
| Finacial Calendar | Yes | No |
| Daily financial news | Yes | No |
| Order Type – Trailing Stop | No | No |
| Trading Tools rating | 60% | 60% |
| Winner |
Mobile Trading
| # | FXCM | Degiro |
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Alerts – Basic Fields | No | Yes |
| SMS alerts | No | No |
| Mobile Trading | No | Yes |
| Mobile Trading rating | 40% | 80% |
| Winner |
Research
| # | FXCM | Degiro |
|---|---|---|
| Daily Market Commentary | No | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Weekly Webinars | Yes | No |
| Social Sentiment – Currency Pairs | Yes | No |
| Economic Calendar | No | No |
| Research | No | Yes |
| Research rating | 50% | 33% |
| Winner |
Education
| # | FXCM | Degiro |
|---|---|---|
| Has Education – Forex | No | No |
| Has Education – CFDs | Yes | No |
| Client Webinars | Yes | No |
| Videos – Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | No | Yes |
| Education | Yes | Yes |
| Education rating | 67% | 33% |
| Winner |
Forex
| # | FXCM | Degiro |
|---|---|---|
| GBP/USD | Yes | No |
| USD/JPY | Yes | No |
| EUR/USD | Yes | No |
| USD/CHF | Yes | No |
| USD/CAD | Yes | No |
| NZD/USD | Yes | No |
| AUD/USD | Yes | No |
| Major Forex Pairs rating | 100% | 0% |
| Winner |
Commodities
| # | FXCM | Degiro |
|---|---|---|
| Gold | No | No |
| Silver | Yes | No |
| WIT Oil | No | No |
| Brent Oil | Yes | No |
| Coffee | No | No |
| Cocoa | Yes | No |
| Soybeans | Yes | No |
| Rice | No | No |
| Corn | No | No |
| Platinum | No | No |
| Palladium | No | No |
| Commodities rating | 36% | 0% |
| Winner |
Indicies
| # | FXCM | Degiro |
|---|---|---|
| DAX 40 | No | Yes |
| S&P 500 | Yes | Yes |
| Nasdaq | Yes | Yes |
| Dow Jones | Yes | Yes |
| Nikkei | Yes | Yes |
| Indices rating | 80% | 100% |
| Winner |
Cryptocurrencies
| # | FXCM | Degiro |
|---|---|---|
| Bitcoin | No | No |
| Litecoin | No | No |
| Ethereum | Yes | No |
| Ripple | No | No |
| Neo | No | No |
| Stellar | Yes | No |
| Cardano | Yes | No |
| Tron | No | No |
| Monero | Yes | No |
| EOS | No | No |
| Cryptocurrencies rating | 40% | 0% |
| Winner |
Regulations
| # | FXCM | Degiro |
|---|---|---|
| Cysec | Yes | No |
| ASIC (Australia) | Yes | No |
| FCA (UK) | Yes | No |
| Authorised in the European Union (EU) | Yes | Yes |
| CFTC Registered (USA) | No | No |
| FINMA (Switzerland) | No | No |
| Regulations rating | 67% | 17% |
| Winner |
Support
| # | FXCM | Degiro |
|---|---|---|
| Chat | No | No |
| Phone | Yes | Yes |
| Yes | Yes | |
| Support rating | 67% | 67% |
| Winner |
Overall
| # | FXCM | Degiro |
|---|---|---|
| Go to the full broker review | FXCM | Degiro |
| Win / Loss % | 52% | 23% |
| Winner |
