eToro vs FXCM, Updated for 2025
Read our In-Depth eToro vs FXCM Review - for 2025
This review comparing eToro and FXCM has been revised to reflect any changes for 2025 by knowledgeable insiders boasting years of financial experience across CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of eToro vs FXCM does not apply to all countries as follows:
eToro Excluded Countries
Iran, Democratic Peoples Republic of Korea, Belgium, Canada, Japan, Syrian Arab Republic, Turkey, Israel, Belarus, Albania, Republic of Moldova, North Macedonia, Serbia, Guinea, Democratic Republic of the Congo, Sudan, Zimbabwe, Ethiopia, Ghana, Tanzania, Libya, Uganda, Zambia, Botswana, Rwanda, Tunisia, Somalia, Namibia, Togo, Sierra Leone, Liberia, Gambia, Djibouti, Ivory Coast, Pakistan, Brunei Darussalam, Taiwan, Province of China, Samoa, Nepal, Singapore, US Virgin Islands, Turkmenistan, Tajikistan, Uzbekistan, Sri Lanka, Trinidad and Tobago, Haiti, Myanmar, Bhutan, Marshall Islands, Maldives, Kazakhstan, Grenada, Fiji, Barbados, Bermuda, Bahamas, Antigua and Barbuda, Anguilla, Aruba, Lebanon, El Salvador, United States of America, Paraguay, Honduras, Guatemala, Puerto Rico, Nicaragua, British Virgin Islands, and Netherlands Antilles.
FXCM Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare eToro vs FXCM
Each platforms for online trading feature some pros and cons, so any comprehensive eToro and FXCM review should not be regarded as thorough without adopting a fair assessment.
Examine eToro and FXCM in order to understand the way they stack up with one another before you choose to create an account. A side-by-side comparison helps to bring aspects in perspective to ensure that you are informed about the expectations.
So you are looking for a broker and are choosing between eToro or FXCM. Which one is best in 2025?
Our eToro vs FXCM comparison contains the latest information so you can easily compare FXCM against eToro.
If you are a new entrant in the realm of trading and brokerages, so many details will be confusing for you. Getting into the world of trading demands expert analyzing skills and comprehensive understanding. You'll get proficient at all the concepts of broker since you continue trading. For starters, you have to choose the right broker who will be clear with you always.
In this fast-paced universe of stock markets and trading, you'll need guidance to make correct decisions. A professionally direct investment program has the potential to generate hefty returns. eToro and FXCM are two such platforms that will take you and your investment to great heights. It's crucial that you compare eToro vs FXCM until you trust them with your cash.
Our eToro vs FXCM comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust eToro and FXCM side by side.
Our entire eToro vs FXCM Review covers everything you will need to learn about trading using either eToro or FXCM. A fantastic agent can multiply your initial investments and give you favorable profits. If you want to earn profits, you should trade with a broker service that contrasts with your investing goals.
There's absolutely no sure-fire method to ensure profits; therefore, you must carefully assess your agent before you select them. It's a frequent misconception that all brokers are exactly the same, but that is not correct. Wrong judgment, in the beginning, can set your investments at risk.
eToro and FXCM are both brokers that have paved their way successfully to the broker world. Within this review, we've tried to collate some of the important facets of both eToro and FXCM. This review will help you to understand whether either FXCM or eToro is a good match for your investments or not. We've tried to breakdown all of the features and charges for your convenience.
Benefits of eToro and FXCM Compared
eToro has a minimum deposit of $50 while FXCM has a $1 minimum deposit.
Why smaller minimum deposits are good and how eToro and FXCM compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
eToro allows you to trade around 100 financial instruments whilst FXCM has around 100 available.
The more financial instruments you can trade on the eToro and FXCM trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you seriously do not want to miss out on a trading opportunity due to the limitations of eToro or FXCM.
eToro and FXCM Contact Details
Being able to contact an online trading platform through many ways is important. eToro and FXCM have the following contact details and social medias that you can use.
Broker | eToro | FXCM |
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Telephone Number | ||
support@etoro.com | ||
Address | 24th floor, One Canada Square, Canary Wharf, London, E14 5AB | |
eToro Twitter Account | FXCM Twitter Account | |
eToro Facebook Page | FXCM Facebook Page | |
eToro Instagram Account | FXCM Instagram Account | |
eToro LinkedIn Page | FXCM LinkedIn Page | |
YouTube | eToro YouTube Channel | FXCM YouTube Channel |
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FXCM and eToro Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
This part of comparing eToro and FXCM will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of both apps as Better than the average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
eToro vs FXCM - Awards
Broker | eToro | FXCM |
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Awards |
eToro have won numerous industry awards over the years they have been running as an online trading platform. We list the most recognised awards for eToro below.
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At the time of writing this FXCM review, and despite FXCM’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
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eToro vs FXCM - Frequently Asked Questions
eToro vs FXCM - Headquarters And Year Of Founding
eToro was founded in 2007 and has its headquaters in Cyprus, UK.
FXCM was founded in 1999 and has its head office in United States.
What is the minimum deposit for FXCM or eToro
The minimum deposit for eToro is $50.
The minimum deposit for FXCM is $1.
Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both eToro and FXCM are a good choice.
eToro vs FXCM - Regulation And Licencing In More Detail
eToro is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC).
FXCM is regulated by Financial Conduct Authority (FCA).
Both eToro and FXCM have a powerful collection of rules for ensuring fair trading onto their platforms. For data encryption functions, they provide industry-standard secure socket layers (SSL).
As per their individual privacy regulations, customer information is to not be shared with any other institutions or individuals. Including credit history and other financial information.
Compare eToro vs FXCM Commission And Fees
eToro and FXCM are online broker platforms, and many online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the companies of online trading platforms are scaled much better. That is, an online broker is not necessarily influenced by the amount of clients they have.
But this doesn't mean that online brokers don't charge any fees. They charge prices of varying rates for various services to make money. There are mainly three different types of penalties for this purpose.
The first sort of fees to look out for are trading fees. When you make a genuine trade, like purchasing a stock or an ETF, you're charged trading charges. In these instances, you're paying a spread, funding rate, or even a commission. The kinds of trading fees and the rates differ from broker to broker.
Commissions could be fixed or determined by the traded quantity. On the flip side, a spread refers to the gap between the buying and selling cost. Funding or overnight prices are people who are charged when you hold a leveraged position for more than daily.
Apart from trading charges, online brokers also charge non-trading fees. These are dependent on the activities you undertake on your account. They are billed for operations like depositing money, not trading for long periods, or withdrawals.
Generally, neither eToro or FXCM charge high fees in comparison to other online agents. For operations other agents charge for, they either do not charge a brokerage fee, or they charge a smaller amount. This is beneficial for those who often trade, for example daily or weekly trading.
But, non-trading fees charged by eToro and FXCM are comparatively greater. As a result, you are billed more for non-trading actions on your trading account, such as deposits and withdrawal. These aren't related to the sale and purchase of assets.
This eToro vs FXCM review for 2025 breaks down every one of the relevant non-trading charges for you in detail.
Compare Broker Fees For eToro And FXCM
What Languages Do eToro And FXCM Support?
Being able to talk easily with your online platform is a key way of comparing trading platforms to find the best broker. Not only for support but to ensure you understand everything on their website and inside their app as it is a key part of success when trading forex.
Here you will find all the languages that both eToro and FXCM support.
How Many Clients Do eToro and FXCM Have?
Both eToro and FXCM are well established with their customer base. It is really important to work with an online broker that is professional and one of the easiest ways of establishing this is by knowing how many clients they already work with.
Below you will find details of how many clients eToro and FXCM are active on their platform
What Payment Methods Do eToro and FXCM Accept?
eToro and FXCM both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at eToro and FXCM
What Can You Trade With eToro and FXCM?
eToro offers 100 trading instruments while FXCM offers 100.
Below you will find a full breakdown of what both eToro and FXCM offer.
eToro Review
eToro vs FXCM:
Table Of Contents
- Compare eToro vs FXCM
- Benefits of eToro and FXCM Compared
- FXCM and eToro Mobile App Comparison
- eToro vs FXCM - Awards
- eToro vs FXCM - Frequently Asked Questions
- What is the minimum deposit for FXCM or eToro
- eToro vs FXCM - Regulation And Licencing In More Detail
- Compare Broker Fees For eToro And FXCM
- What Languages Do eToro And FXCM Support?
- How Many Clients Do eToro and FXCM Have?
- What Payment Methods Do eToro and FXCM Accept?
- What Can You Trade With eToro and FXCM?