FXCM vs. Degiro
Comparison: FXCM vs. Degiro – Which broker is better? A quick comparison of platform, fees, deposits, withdrawals and regulation.
Winner of this comparison: FXCM with an overall rating of 52%
Basic information
| Basic information |  FXCM |  Degiro |
|---|---|---|
| Deposit | 50 EUR/USD | 100 EUR/USD |
| Spreads | 1 EUR/USD | *The value is indicative from the broker's website. The spread amount is variable. |
| Established | 1999 | 2008 |
| Currency Pairs (Total Forex pairs) | 20 | 9 |
| Country | Germany | Germany |
| Regulation | FCA (UK), Authorised in the European Union (EU), ASIC (Australia), Cysec | Authorised in the European Union (EU) |
| Trading app | Desktop Platform (Windows), Web Platform, Social Trading / Copy-Trading | Web Platform |
| Number of CFD asset classes | 7 | 2 |
| Broker type | MM | ECN, STP |
| Support | Phone, Mail | Phone, Mail |
| Funding methods | * 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 | * Some of the payment methods may not be available in your country. Bank Wire |
| Real Stocks and ETFs | Yes | Yes |
*The value is indicative from the broker's website. The spread amount is variable.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 61 % and 89 % of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 61 % and 89 % of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Comparison Result
In terms of overall rating, both brokers are equal – both have 52%. FXCM requires a minimum deposit of 50 EUR/USD, while Degiro sets it at 100 EUR/USD. Thanks to the lower deposit, FXCM is more welcoming to traders with smaller budgets. For FXCM, the spread is 1 EUR/USD, while for Degiro it is 0 EUR/USD. Lower spreads at Degiro give it the edge. FXCM offers 20 forex pairs, while Degiro provides 9. A wider selection gives FXCM the advantage. FXCM was founded in 1999, while Degiro has been operating since 2008. The longer tradition of FXCM means greater experience. Both brokers allow trading with real stocks. FXCM is overseen by 4 regulatory bodies, while Degiro has 1. More regulations at FXCM enhance its trustworthiness. FXCM supports 3 platforms, while Degiro offers 1. A greater choice of platforms gives FXCM the lead.
52%
FXCM
23%
Degiro
Key Strengths
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.
Degiro
Comparison by Categories
Comprehensive Comparison: FXCM vs Degiro
FXCM Degiro Investments
88 % 25 %| 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 |
Cost
20 % 80 %| 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 |
Trading app
43 % 14 %| 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 Tools
60 % 60 %| 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 |
Research
50 % 33 %| 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 |
Education
67 % 33 %| 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 |
Forex
100 % 0 %| 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 |
Commodities
36 % 0 %| 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 |
Indicies
80 % 100 %| Indicies | FXCM | Degiro |
|---|---|---|
| DAX 40 | No | Yes |
| S&P 500 | Yes | Yes |
| Nasdaq | Yes | Yes |
| Dow Jones | Yes | Yes |
| Nikkei | Yes | Yes |
Cryptocurrencies
40 % 0 %| 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 |
Regulations
67 % 17 %| 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 |
Support
67 % 67 %| Support | FXCM | Degiro |
|---|---|---|
| Chat | No | No |
| Phone | Yes | Yes |
| Yes | Yes |
Overall
52 % 23 %| Overall | FXCM | Degiro |
|---|
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 Degiro
offers competitive spreads and lower fees, making it ideal for active traders.
FXCM Degiro