FXCM Alternatives: Pros & Cons for 2026
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 detailed guide to FXCM alternatives on the web
There's many reasons FXCM may not be a good fit for you. Whatever reason you are hunting for a new FXCM alternative or FXCM competitor with better services, we will always try to give you as much helpful information so you can find what it is you need. Below you can discover the most popular FXCM alternatives.
For each of our alternative to FXCM, we break down the key differences to FXCM and for each platform feature show you the best competitors. For every FXCM alternative online broker listed we also have detailed broker 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 unhappy with FXCM, discover some great alternative brokersbrokers|online trading platforms|brokerages.
Having a professional and dependable trading platform is important for having a successful trading career. All of the FXCM alternative platforms listed 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 see how the minimum deposit requirements of FXCM compare with the minimum deposits of FXCM competitors. Brokers often have lower minimum deposits to get users to join with them, but having higher a minimum deposit requirement isn’t necessarily a bad thing, it all depends on your individual trading needs.
| Broker | Minimum Deposit | Find Out More |
|---|---|---|
|
FXCM |
$1 | |
| freetrade |
$0 | |
| Uphold |
$1 | |
| ThinkMarkets |
$0 | |
| FreshForex |
$1 |
Alternatives Offering Virtual Portfolio Accounts
FXCM offers demo accounts so you can test your trading strategies before risking any real capital. Newbie traders can open a virtual portfolio account in order to better understand the areas of Forex trading and test out some of the company’s features before getting a live account.
Below we show some of the best alternatives to FXCM that has 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 offer negative balance protection. If your balance is unfavorable, FXCM suggests you contact customer services. Then you are able to correct any imbalances within your account.
Below we list 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 regrettably, does not offer guaranteed stop loss. FXCM provides an opportunity to its traders to close their trades at their specified price. Apart from this, FXCM does not offer guaranteed stop loss.
Below we detail some of the best FXCM alternatives that offer guaranteed stop loss available for their users.
| Broker | Offers Guaranteed Stop Loss? | Find Out More |
|---|---|---|
|
FXCM |
No | |
| easyMarkets |
Yes | |
| Uphold |
Yes | |
| instaforex |
Yes | |
| FreshForex |
Yes |
Alternatives Offering Scalping
FXCM do permit scalping. Several traders across the world choose FXCM due to their services that are trading. They offer trading on MT4, Mirror Trader, Web Trader, NinjaTrader, Tablet & Mobile apps which allow this.
Below we show some of the best alternatives to FXCM that allow scalping functionality to their clients.
| Broker | Offers Scalping? | Find Out More |
|---|---|---|
|
FXCM |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Hedging
FXCM do permit hedging. Many traders across the world select FXCM due to their large range of services. They offer trading on MT4, Mirror Trader, Web Trader, NinjaTrader, Tablet & Mobile apps.
Below we list some of the best alternatives to FXCM that allow hedging services to their customer base.
| Broker | Offers Hedging? | Find Out More |
|---|---|---|
|
FXCM |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Social Trading
Unfortunately, FXCM does not offer social trading.
Below we detail some of the top FXCM alternatives that have 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
Regretably, FXCM does not offer copy trading.
Below we detail some of the top alternatives to FXCM that allow 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