FXCM Alternatives: 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 demo account with a few of the best FXCM alternatives and ensuring that they are a better fit for you before moving any money around.
The most detailed review of FXCM alternatives on the internet
There are many reasons FXCM may not be a good fit for you. Whatever reason you are looking for the top FXCM alternative or FXCM competitor with better services, we try to give you as much helpful information so you can make an informed decision. Below you can discover the most popular FXCM alternatives.
For each of the below alternative to FXCM, we break down the key differences to FXCM and for each platform feature show you the best alternatives. For each FXCM alternative online broker shown 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, let us show you some great alternative online trading platformsbrokers|online trading platforms|brokerages.
Using a professional and dependable online broker is crucial to your trading success. All of the FXCM alternative platforms shown in this FXCM alternatives guide have good reputations and can fit what you are looking for.
Alternatives With Lower Minimum Deposit
FXCM has a minimum desposit of $1, you should check how the minimum deposit requirements of FXCM compare with the minimum deposit requirements of FXCM competitors. Brokers offer lower minimum deposits to get users to test them out, but having higher a minimum deposit requirement isn’t necessarily a bad thing, it all comes down to your personal trading needs.
Alternatives Offering Demo Accounts
FXCM offers virtual portfolio accounts so you can test your trading strategies before risking any real money. Inexperienced 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 getting a live account.
Below we detail some of the best alternatives to FXCM that have demo accounts.
Alternatives Offering Negative Balance Protection
FXCM does not provide negative balance protection. If your balance is unfavorable, FXCM suggests that you promptly contact client services. So you are able to correct any imbalances in your account.
Below we list some of the best alternatives to FXCM that has 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 to its dealers to close their trade in their given price. Aside from this, FXCM doesn't offer guaranteed stop loss.
Below we list some of the top FXCM alternatives that has 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 permit scalping. Several traders across the world choose FXCM due to their scalping services. They offer trading on MT4, Mirror Trader, Web Trader, NinjaTrader, Tablet & Mobile apps which let this.
Below we show some of the best alternatives to FXCM that allow scalping functionality to their customers.
Alternatives That Allow Hedging
FXCM do allow hedging. Several traders throughout the world choose FXCM for their large range of services. They offer trading on MT4, Mirror Trader, Web Trader, NinjaTrader, Tablet & Mobile apps.
Below we list some of the top alternatives to FXCM that allow hedging services to their client base.
Alternatives That Allow Social Trading
Regretably, FXCM does not offer social trading.
Below we list some of the top FXCM alternatives that has social trading capabilities.
Alternatives That Allow Copy Trading
Unfortunately, FXCM does not offer copy trading.
Below we detail some of the top FXCM alternatives that has copy trading to their customers
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Table Of Contents
- FXCM alternatives with lower minimum deposit requirements
- FXCM alternatives with demo accounts
- FXCM alternatives with negative balance protection
- FXCM alternatives with guaranteed stop loss
- FXCM alternatives that allow scalping
- FXCM alternatives that allow hedging
- FXCM alternatives that allow social trading
- FXCM alternatives that allow copy trading
