FXOpen vs. FXCM

Comparison: FXOpen 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%

FXOpen vs. FXCM

Basic information

Basic information
FXOpen FXCM
Deposit 100 EUR/USD 50 EUR/USD
Spreads 1 EUR/USD 1 EUR/USD
Established 2005 1999
Currency Pairs (Total Forex pairs) 95 20
Country UK, Australia Germany
Regulation FCA (UK), ASIC (Australia) FCA (UK), Authorised in the European Union (EU), ASIC (Australia), Cysec
Trading app MetaTrader 4 (MT4), Desktop Platform (Windows), MetaTrader 5 (MT5) Desktop Platform (Windows), Web Platform, Social Trading / Copy-Trading
Number of CFD asset classes 5 7
Broker type MM MM
Support Phone, Mail, Chat Phone, Mail
Funding methods * Some of the payment methods may not be available in your country. Visa/Mastercard, Bank Wire * 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.

75% of retail investor accounts lose money when trading CFDs with this provider.

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 FXOpen only reaches 36%. FXOpen requires a minimum deposit of 100 EUR/USD, while FXCM sets it at 50 EUR/USD. Conversely, FXCM scores with a lower minimum deposit. For FXOpen, the spread is 1 EUR/USD, while for FXCM it is 1 EUR/USD. In this area, both brokers are on par. FXOpen offers 95 forex pairs, while FXCM provides 20. A wider selection gives FXOpen the advantage. FXOpen was founded in 2005, while FXCM has been operating since 1999. The older FXCM has the upper hand in this regard. This advantage goes to FXCM, while FXOpen lacks it. FXOpen is overseen by 2 regulatory bodies, while FXCM has 4. Stricter oversight at FXCM gives it an advantage. FXOpen supports 3 platforms, while FXCM offers 3. In terms of platform count, both are on the same level.
36%
FXOpen
52%
FXCM

Key Strengths

FXOpen
  • Micro accounts from just 1 USD allow starting with minimal capital
  • Support for MetaTrader 4 and 5 - the standard among traders
  • Free demo accounts for practicing strategies
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 62 88
  2. Cost 80 20
  3. Trading app 43 43
  4. Trading Tools 100 60
  5. Research 33 50
  6. Education 33 67
  7. Forex 100 100
  8. Commodities 0 36
  9. Indicies 60 80
  10. Cryptocurrencies 20 40
  11. Regulations 33 67
  12. Support 100 67
  13. Overall 36 52

Comprehensive Comparison: FXOpen vs FXCM

FXOpen
FXCM

Investments

62 % 88 %
Investments
Investments FXOpenFXCM
Currency Pairs (Total Forex pairs) 95 20
CFDs – Total Offered 110+ 200+
Options CFD No Yes
Share CFDs Yes No
Forex CFD Yes Yes
Commodities CFD Yes Yes
ETF CFD No Yes
Indicies CFD Yes Yes
Cryptocurrency traded as actual No Yes
Cryptocurrency traded as CFD Yes Yes

Cost

80 % 20 %
Cost
Cost FXOpenFXCM
Average Spread EUR/USD *The value is indicative from the broker's website. The spread amount is variable. 1 1
Deposit from 100 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

43 % 43 %
Trading app
Trading app FXOpenFXCM
Desktop Platform (Windows) Yes 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

100 % 60 %
Trading Tools
Trading Tools FXOpenFXCM
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 Yes No

Research

33 % 50 %
Research
Research FXOpenFXCM
Daily Market Commentary Yes No
Forex News (Top-Tier Sources) Yes Yes
Weekly Webinars No Yes
Social Sentiment – Currency Pairs No Yes
Economic Calendar No No
Research No No

Education

33 % 67 %
Education
Education FXOpenFXCM
Has Education – Forex Yes No
Has Education – CFDs Yes Yes
Client Webinars No Yes
Videos – Advanced Trading Videos No Yes
Investor Dictionary (Glossary) No No
Education No Yes

Forex

100 % 100 %
Forex
Forex FXOpenFXCM
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

0 % 36 %
Commodities
Commodities FXOpenFXCM
Gold No No
Silver No Yes
WIT Oil No No
Brent Oil No Yes
Coffee No No
Cocoa No Yes
Soybeans No Yes
Rice No No
Corn No No
Platinum No No
Palladium No No

Indicies

60 % 80 %
Indicies
Indicies FXOpenFXCM
DAX 40 Yes No
S&P 500 Yes Yes
Nasdaq Yes Yes
Dow Jones No Yes
Nikkei No Yes

Cryptocurrencies

20 % 40 %
Cryptocurrencies
Cryptocurrencies FXOpenFXCM
Bitcoin Yes No
Litecoin No 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 FXOpenFXCM
Cysec No Yes
ASIC (Australia) Yes 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 FXOpenFXCM
Chat Yes No
Phone Yes Yes
Mail Yes Yes

Overall

36 % 52 %
Overall
Overall FXOpenFXCM

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

Both brokers offer excellent trading platforms with similar features and user-friendliness.

Lowest Costs FXOpen

offers competitive spreads and lower fees, making it ideal for active traders.

FXOpen FXCM