Trading212 vs. FXCM
Comparison: Trading212 vs. FXCM – 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 | | |
|---|---|---|
| Deposit | 100 EUR/USD | 50 EUR/USD |
| Spreads | 1.5 EUR/USD | 1 EUR/USD |
| Established | 2017 | 1999 |
| Currency Pairs (Total Forex pairs) | 30 | 20 |
| Country | UK | Germany |
| Regulation | FCA (UK) | FCA (UK), Authorised in the European Union (EU), ASIC (Australia), Cysec |
| Trading app | Desktop Platform (Windows), Web Platform | Desktop Platform (Windows), Web Platform, Social Trading / Copy-Trading |
| Number of CFD asset classes | 6 | 7 |
| Broker type | MM | MM |
| Support | Phone, Chat | Phone, Mail |
| Funding methods | * Some of the payment methods may not be available in your country. Skrill, GiroPay, 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.
Comparison Result
Key Strengths
- Trading with fractional shares is possible from as low as 1 EUR , even automatically.
- The offering also includes purchase of real stocks and ETFs with no fees .
- Investing in stocks from lesser-known exchanges worldwide expands portfolio diversification opportunities.
- All deposits and withdrawals , including those via payment cards , are free of charge , reducing fee costs.
- Trading 212 offers a comprehensive selection of CFD products , including stocks, ETFs, forex, indices, commodities, and cryptocurrencies, providing a wide spectrum of options for implementing various trading strategies .
- 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: Trading212 vs FXCM
Investments
75 % 88 %| Investments | Trading212 | FXCM |
|---|---|---|
| Currency Pairs (Total Forex pairs) | 30 | 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 | Trading212 | FXCM |
|---|---|---|
| Average Spread EUR/USD *The value is indicative from the broker's website. The spread amount is variable. | 1.5 | 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
29 % 43 %| Trading app | Trading212 | FXCM |
|---|---|---|
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy-Trading | No | Yes |
| MetaTrader 4 (MT4) | No | No |
| MetaTrader 5 (MT5) | No | No |
| Currenex | No | No |
| cTrader | No | No |
Trading Tools
100 % 60 %| Trading Tools | Trading212 | FXCM |
|---|---|---|
| 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
83 % 50 %| Research | Trading212 | FXCM |
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Social Sentiment – Currency Pairs | No | Yes |
| Economic Calendar | Yes | No |
| Research | Yes | No |
Education
100 % 67 %| Education | Trading212 | FXCM |
|---|---|---|
| Has Education – Forex | Yes | No |
| Has Education – CFDs | Yes | Yes |
| Client Webinars | Yes | Yes |
| Videos – Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | Yes | No |
| Education | Yes | Yes |
Forex
100 % 100 %| Forex | Trading212 | FXCM |
|---|---|---|
| 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
36 % 36 %| Commodities | Trading212 | FXCM |
|---|---|---|
| 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 | No | No |
| Palladium | No | No |
Indicies
100 % 80 %| Indicies | Trading212 | FXCM |
|---|---|---|
| DAX 40 | Yes | No |
| S&P 500 | Yes | Yes |
| Nasdaq | Yes | Yes |
| Dow Jones | Yes | Yes |
| Nikkei | Yes | Yes |
Cryptocurrencies
30 % 40 %| Cryptocurrencies | Trading212 | FXCM |
|---|---|---|
| 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
17 % 67 %| Regulations | Trading212 | FXCM |
|---|---|---|
| Cysec | No | 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
67 % 67 %| Support | Trading212 | FXCM |
|---|---|---|
| Chat | Yes | No |
| Phone | Yes | Yes |
| No | Yes |
Overall
47 % 52 %| Overall | Trading212 | FXCM |
|---|
Our Recommendations
Thanks to comprehensive educational materials and a user-friendly platform, Trading212 is an ideal choice for new traders.
The trading platform of broker FXCM offers an intuitive interface and advanced features for efficient trading.
offers competitive spreads and lower fees, making it ideal for active traders.