FXCM Alternatives: Pros, Cons, And How It Stacks Up 2026 Update
This alternatives to FXCM guide has been updated for 2026 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about the alternatives to FXCM to make sure you have as much information as possible to make an informed decision.
There are a lot of good alternatives to FXCM like Startrader, freetrade, and easyMarkets. They all provide the same, if not more, features to their customers. If you feel that FXCM is not quite right for you then it would be worth getting a demo account with a few of the best FXCM alternatives and check if they are a better fit for you before moving any money around.
The most in depth review of FXCM alternatives on the internet
There's many reasons FXCM may not be a good fit for your trading needs. For whatever reason you are looking for the best FXCM alternative or FXCM competitor with similar services, comparebrokers.org will always try to give you as much helpful information so you can find what it is you need. Below you will discover the best FXCM alternatives.
For each of the alternative to FXCM, we also highlight the key differences to FXCM and for each section show you the best alternatives. For each FXCM alternative online broker listed we also have detailed trading platform reviews and guides that you can easily click to view elsewhere on comparebrokers.org, all based on hundreds of datapoints collected and reviewed by experts. If you are not happy with FXCM, we can show you some great alternative online trading platformsbrokers|online trading platforms|brokerages.
Trading with a professional and dependable broker is crucial to your trading success. All of the FXCM alternative brokers we list in this FXCM alternatives guide have good reputations and match what you are looking for.
Alternatives With Lower Minimum Deposit
FXCM has a minimum desposit of $1, you can check how the minimum deposit requirements of FXCM compare with the minimum deposit requirements of FXCM competitors. Online brokers offer lower minimum deposits to get traders to join with them, but having higher a minimum deposit requirement isn’t always a bad thing, it all comes down to your personal trading needs.
| Broker | Minimum Deposit | Find Out More |
|---|---|---|
|
FXCM |
$1 | |
| freetrade |
$0 | |
| Uphold |
$1 | |
| ThinkMarkets |
$0 | |
| FreshForex |
$1 |
Alternatives Offering Demo Accounts
FXCM offers demo accounts so you can learn their systems before risking any real capital. New traders can open a virtual portfolio account in order to become better acquainted with the aspects of Forex trading and test out some of the company’s features before signing up for a live account.
Below we show some of the best alternatives to FXCM that have virtual portfolio accounts.
| Broker | Offers Demo Account? | Find Out More |
|---|---|---|
|
FXCM |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
Yes |
|
Alternatives Offering Negative Balance Protection
FXCM does not provide negative balance protection. If your balance is unfavorable, FXCM suggests you promptly contact customer services. So you can fix any imbalances within your account.
Below we detail some of the best alternatives to FXCM that have negative balance protection.
| Broker | Offers Negative Balance Protection? | Find Out More |
|---|---|---|
|
FXCM |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| Uphold |
Yes |
Alternatives Offering Guaranteed Stop Loss
FXCM unfortunately, doesn't provide guaranteed stop loss. FXCM gives an opportunity to its traders to close their trade in their specified price. Apart from that, FXCM doesn't offer guaranteed stop loss.
Below we show some of the top FXCM alternatives that offer guaranteed stop loss available for their clients.
| Broker | Offers Guaranteed Stop Loss? | Find Out More |
|---|---|---|
|
FXCM |
No | |
| easyMarkets |
Yes | |
| Uphold |
Yes | |
| instaforex |
Yes | |
| FreshForex |
Yes |
Alternatives Offering Scalping
FXCM do allow scalping. Several traders across the world select FXCM due to their scalping services. They offer trading on MT4, Mirror Trader, Web Trader, NinjaTrader, Tablet & Mobile apps which let this.
Below we detail some of the best alternatives to FXCM that offer scalping functionality to their users.
| Broker | Offers Scalping? | Find Out More |
|---|---|---|
|
FXCM |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Hedging
FXCM do permit hedging. Several traders across the world select FXCM due to their hedging services. They offer trading on MT4, Mirror Trader, Web Trader, NinjaTrader, Tablet & Mobile apps.
Below we detail some of the top alternatives to FXCM that offer hedging services to their client base.
| Broker | Offers Hedging? | Find Out More |
|---|---|---|
|
FXCM |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Social Trading
Regretably, FXCM does not offer social trading.
Below we detail some of the top FXCM alternatives that offer social trading capabilities.
| Broker | Offers Social Trading? | Find Out More |
|---|---|---|
|
FXCM |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Copy Trading
Unfortunately, FXCM does not offer copy trading.
Below we list some of the top alternatives to FXCM that have copy trading to their clients
| Broker | Offers Copy Trading? | Find Out More |
|---|---|---|
|
FXCM |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Compare FXCM To All Other Brokers