FXCM Alternatives: Pros, Cons, And How It Compares 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 clients. If you feel that FXCM is not quite right for you then it would be worth getting a virtual account with some of the top FXCM alternatives and check if they are a better fit for you before moving any money around.
The most complete review of FXCM alternatives on the web
There are 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, we try to give you as much useful information so you can make an informed choice. Below you can 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 read elsewhere on comparebrokers.org, all based on hundreds of datapoints collected and reviewed by experts. If you are unhappy with FXCM, let us show you some great alternative online trading platformsbrokers|online trading platforms|brokerages.
Having a reputable and dependable broker is crucial to your trading success. All of the FXCM alternative brokers 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 deposit requirements of FXCM competitors. Brokers 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 Demo Accounts
FXCM offers virtual portfolio accounts so you can test your trading strategies before risking any real capital. Inexperienced 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 detail some of the best alternatives to FXCM that have 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 suggests you promptly contact customer services. So you can correct any imbalances in your own 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 regrettably, doesn't provide guaranteed stop loss. FXCM provides an opportunity for its traders to close their trade at their specified price. Aside from that, FXCM does not provide guaranteed stop loss.
Below we list some of the best 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. Many 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 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. Many traders around 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 user 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 alternatives to FXCM that allow 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 top alternatives to FXCM that offer copy trading to their users
| Broker | Offers Copy Trading? | Find Out More |
|---|---|---|
|
FXCM |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Compare FXCM To All Other Brokers