ForexTime vs. FXCM

Comparison: ForexTime vs. FXCM – Which broker is better? A quick comparison based on the trading platform, fees, deposit or withdrawal options, and regulation in 2026.

Winner of this comparison: FXCM with an overall rating of 52%

ForexTime vs. FXCM

Basic information

Basic information
ForexTime FXCM
Deposit 200 EUR/USD 50 EUR/USD
Spreads 1.5 EUR/USD 1 EUR/USD
Established 2011 1999
Currency Pairs (Total Forex pairs) 35 20
Country Cyprus Germany
Regulation FCA (UK), Cysec FCA (UK), Authorised in the European Union (EU), ASIC (Australia), Cysec
Trading app MetaTrader 4 (MT4), MetaTrader 5 (MT5) Desktop Platform (Windows), Web Platform, Social Trading / Copy-Trading
Number of CFD asset classes 6 7
Broker type ECN, STP MM
Support Phone, Mail, Chat Phone, Mail
Funding methods * Some of the payment methods may not be available in your country. Skrill, Visa/Mastercard, Bank Wire, WebMoney * Some of the payment methods may not be available in your country. Skrill, GiroPay, Qiwi, FasaPay, UnionPay, BitPay, Klarna, PaySafeCard, PayPal, Advcash, Cryptocurrencies, Poli, WebMoney
Real Stocks and ETFs Yes Yes

*The value is indicative from the broker's website. The spread amount is variable.

Comparison Result

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.
46%
ForexTime
52%
FXCM

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

  1. Investments 75 88
  2. Cost 80 20
  3. Trading app 29 43
  4. Trading Tools 90 60
  5. Research 50 50
  6. Education 67 67
  7. Forex 100 100
  8. Commodities 55 36
  9. Indicies 100 80
  10. Cryptocurrencies 30 40
  11. Regulations 33 67
  12. Support 100 67
  13. Overall 46 52

Comprehensive Comparison: ForexTime vs FXCM

ForexTime
FXCM

Investments

75 % 88 %
Investments
Investments ForexTimeFXCM
Currency Pairs (Total Forex pairs) 35 20
CFDs – Total Offered 250+ 200+
Options CFD No Yes
Share CFDs Yes 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

Cost

80 % 20 %
Cost
Cost ForexTimeFXCM
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 No No
Inactivity fee Yes Yes
Active Trader or VIP Discounts No Yes
Withdrawal fees No Yes
Deposit fees No Yes

Trading app

29 % 43 %
Trading app
Trading app ForexTimeFXCM
Desktop Platform (Windows) No Yes
Web Platform No Yes
Social Trading / Copy-Trading No Yes
MetaTrader 4 (MT4) Yes No
MetaTrader 5 (MT5) Yes No
Currenex No No
cTrader No No

Trading Tools

90 % 60 %
Trading Tools
Trading Tools ForexTimeFXCM
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 Yes No
Stop-Loss Yes Yes
Finacial Calendar Yes Yes
Daily financial news Yes Yes
Order Type – Trailing Stop No No

Research

50 % 50 %
Research
Research ForexTimeFXCM
Daily Market Commentary Yes No
Forex News (Top-Tier Sources) Yes Yes
Weekly Webinars Yes Yes
Social Sentiment – Currency Pairs No Yes
Economic Calendar No No
Research No No

Education

67 % 67 %
Education
Education ForexTimeFXCM
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 Yes Yes

Forex

100 % 100 %
Forex
Forex ForexTimeFXCM
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

Commodities

55 % 36 %
Commodities
Commodities ForexTimeFXCM
Gold Yes No
Silver Yes Yes
WIT Oil Yes No
Brent Oil Yes Yes
Coffee No No
Cocoa No Yes
Soybeans No Yes
Rice No No
Corn No No
Platinum Yes No
Palladium Yes No

Indicies

100 % 80 %
Indicies
Indicies ForexTimeFXCM
DAX 40 Yes No
S&P 500 Yes Yes
Nasdaq Yes Yes
Dow Jones Yes Yes
Nikkei Yes Yes

Cryptocurrencies

30 % 40 %
Cryptocurrencies
Cryptocurrencies ForexTimeFXCM
Bitcoin Yes No
Litecoin Yes No
Ethereum Yes Yes
Ripple No No
Neo No No
Stellar No Yes
Cardano No Yes
Tron No No
Monero No Yes
EOS No No

Regulations

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

Support

100 % 67 %
Support
Support ForexTimeFXCM
Chat Yes No
Phone Yes Yes
Mail Yes Yes

Overall

46 % 52 %
Overall
Overall ForexTimeFXCM

Our Recommendations

Best for FXCM

Thanks to comprehensive educational materials and a user-friendly platform, FXCM is an ideal choice for new traders.

Best Platform FXCM

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.

ForexTime FXCM