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%
Basic information
Basic information
- 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
Comprehensive Comparison: ForexTime vs FXCM
Investments
75 % 88 %- 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
- Winner
- No
- No
Cost
80 % 20 %- 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
- Winner
- No
- No
Trading app
29 % 43 %- 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
- Winner
- No
- No
Trading Tools
90 % 60 %- 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
- Winner
- No
- No
Research
50 % 50 %- 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
- Winner
- No
- No
Education
67 % 67 %- 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
- Winner
- No
- No
Forex
100 % 100 %- 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
- Winner
- No
- No
Commodities
55 % 36 %- 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
- Winner
- No
- No
Indicies
100 % 80 %- DAX 40
- Yes
- No
- S&P 500
- Yes
- Yes
- Nasdaq
- Yes
- Yes
- Dow Jones
- Yes
- Yes
- Nikkei
- Yes
- Yes
- Winner
- No
- No
Cryptocurrencies
30 % 40 %- 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
- Winner
- No
- No
Regulations
33 % 67 %- 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
- Winner
- No
- No
Support
100 % 67 %- Chat
- Yes
- No
- Phone
- Yes
- Yes
- Yes
- Yes
- Winner
- No
- No
Overall
46 % 52 %- Winner
- No
- No
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.