FXCM Alternatives: 2025 Update
This alternatives to FXCM guide has been updated for 2025 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 customers. If you feel that FXCM is not quite right for you then it would be worth getting a virtual account with a lot of the top FXCM alternatives and ensuring that they are a better fit for you before moving any money around.
The most complete guide to FXCM alternatives online
There's a lot of reasons FXCM may not be a good fit for you. Whatever reason you are hunting for the top FXCM alternative or FXCM competitor with similar services, comparebrokers.org try to give you as much useful 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 every FXCM alternative trading platform 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 not happy with FXCM, we can show you some great alternative online trading platformsbrokers|online trading platforms|brokerages.
Using a reputable and dependable online broker is vital to having a successful trading career. All of the FXCM alternative brokers 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 can check how the minimum deposit requirements of FXCM compare with the minimum deposits of FXCM competitors. Brokers often have lower minimum deposits to get traders to join with them, but having higher a minimum deposit isn’t necessarily 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 Virtual Portfolio Accounts
FXCM offers demo accounts so you can test your trading strategies before risking any real money. Inexperienced traders can open a demo account in order to become better acquainted with the aspects 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 offer 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 negative, FXCM suggests you promptly contact customer services. So you are able to correct any imbalances within your own 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 unfortunately, does not provide guaranteed stop loss. FXCM gives an opportunity to its dealers to close their trades at their specified price. Apart from that, FXCM does not offer guaranteed stop loss.
Below we show some of the best 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 permit scalping. Many traders throughout the world select FXCM due to their scalping services. They offer trading on MT4, Mirror Trader, Web Trader, NinjaTrader, Tablet & Mobile apps which allow this.
Below we list some of the top alternatives to FXCM that offer 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 allow hedging. Many traders throughout 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 detail some of the top 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
Regretably, FXCM does not offer social trading.
Below we detail some of the top FXCM alternatives that has 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 best FXCM alternatives that have copy trading to their customers
| Broker | Offers Copy Trading? | Find Out More |
|---|---|---|
|
FXCM |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Compare FXCM To All Other Brokers