FXCM Alternatives: Pros & Cons 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, benefits to their users. If you feel that FXCM is not quite right for you then it would be worth getting a virtual account with a range of the best FXCM alternatives and check if they are a better fit for you before moving any money around.
The most in depth guide to FXCM alternatives on the internet
There's a lot of 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, comparebrokers.org try to give you as much helpful information so you can make an informed choice. Below you can find the top FXCM alternatives.
For each of the alternative to FXCM, we break down the key differences to FXCM and for each platform feature show you the best alternatives. For every FXCM alternative online broker listed we also have detailed broker reviews and guides that you can easily click to read 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 brokeragesbrokers|online trading platforms|brokerages.
Having a reputable and dependable online broker is important for having a successful trading career. All of the FXCM alternative platforms we list in this FXCM alternatives guide have good reputations and can 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 deposit requirements of FXCM competitors. Online brokers have lower minimum deposits to get users to test them out, but having higher a minimum deposit isn’t always a bad thing, it all comes down to 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 learn their systems before risking any real capital. Newbie traders can open a demo account in order to better understand the areas of Forex trading and test out some of the company’s features before risking a live account.
Below we show some of the best alternatives to FXCM that has demo accounts.
| Broker | Offers Demo Account? | Find Out More |
|---|---|---|
|
FXCM |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
Yes |
|
Alternatives Offering Negative Balance Protection
FXCM doesn't provide negative balance protection. If your balance is unfavorable, FXCM indicates you promptly contact customer services. So you are able to correct any imbalances in your account.
Below we show some of the best alternatives to FXCM that offer 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 provide guaranteed stop loss. FXCM gives an opportunity for its traders to close their trades in their specified price. Apart from this, FXCM does not provide guaranteed stop loss.
Below we show some of the top FXCM alternatives that have guaranteed stop loss available for their customers.
| 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 services that are trading. They offer trading on MT4, Mirror Trader, Web Trader, NinjaTrader, Tablet & Mobile apps which let this.
Below we list some of the best alternatives to FXCM that offer scalping functionality to their customers.
| 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 throughout the world select FXCM for their hedging services. They offer trading on MT4, Mirror Trader, Web Trader, NinjaTrader, Tablet & Mobile apps.
Below we detail some of the best alternatives to FXCM that allow 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 list some of the top alternatives to FXCM 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
Regretably, FXCM does not offer copy trading.
Below we list some of the best FXCM alternatives that has 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