eToro vs FXCM, Who's Better?

Compare eToro vs FXCM

Each online trading platforms will have some ups and downs, and any comprehensive review of eToro and FXCM should not be complete without adopting a balanced approach.

Compare eToro and FXCM to get a better understanding of the way these platforms line up against each prior to you choose to create an account. Conducting a comparative analysis can put things in perspective so that you are cognizant of what you should anticipate.

So you are looking for a broker and are choosing between eToro or FXCM. Which one is best in 2026?

This eToro vs FXCM comparison contains the most recent information so you can easily compare FXCM against eToro.

If you are a new entrant in the realm of trading and brokerages, so many nuances will be confusing for you. Getting into the world of trading demands expert assessing skills and thorough knowledge. You will acquire proficient at all the concepts of broker as you keep trading. For starters, you need to choose the right broker who will be transparent with you always.

In this fast-paced universe of stock markets and trading, you'll need advice to make correct decisions. A professionally lead investment program has the potential to generate hefty returns. eToro and FXCM are two such platforms which will take you along with your investment to great heights. It is important to compare eToro vs FXCM before you trust them with your money.

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 full eToro vs FXCM Review covers all you will need to learn about trading using either eToro or FXCM. A fantastic broker can multiply your initial investments and provide you favorable profits. If you want to earn profits, you should trade with a broker service that contrasts with your investment goals.

There is no sure-fire way to ensure profits; therefore, you must carefully assess your broker before you select them. It is a frequent misconception that all agents will be the same, but that's not true. Wrong judgment, initially, can set your investments in danger.

eToro and FXCM are both brokers which have found their way successfully to the broker world. In this review, we've attempted to collate a number of the important aspects of both eToro and FXCM. This review will help you to know whether either FXCM or eToro is a fantastic fit for your own investments or not. We've tried to breakdown all of the qualities and charges for your advantage.

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 has around 100 financial instruments whilst FXCM has around 100 financial instruments on their platform.

The more financial instruments you can trade on the eToro and FXCM 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 simply is important. eToro and FXCM have the following contact details and social medias that you can use.

FXCM and eToro Mobile App Comparison

As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.

In this part of our comparison of eToro and FXCM we'll check whether either of their mobile apps tick all the boxes.

We rate overall the user-friendliness of both apps as Better than the average.

It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.

Search Functions

While most brokers are good at this, there are some poor ones. 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

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 headquaters 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 current situation, 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 option.

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 strong collection of rules for ensuring fair trading onto their individual platforms. For information encryption purposes, they provide industry-standard secure socket layers (SSL).

In accordance with their privacy regulations, client information is to not be shared with any other institutions or individuals. This includes credit history and other financial details.

Compare eToro vs FXCM Commission And Fees

eToro and FXCM are online brokerage platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the businesses of online trading platforms are scaled much better. That is, an online broker isn't necessarily affected by the number of customers they have.

However, this does not necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for various services to earn money. There are mainly three types of penalties for this purpose.

The first sort of charges to keep an eye out for are trading charges. Whenever you make a genuine trade, like purchasing a stock or an ETF, you're charged trading fees. In such instances, you're paying a spread, financing speed, or even a commission. The kinds of trading fees and the prices vary from broker to broker.

Commissions can be fixed or dependent on the traded quantity. On the other hand, a spread refers to the gap between the buying and selling cost. Funding or overnight rates are those who are billed when you hold a leveraged position for more than a day.

Aside from trading fees, online agents also charge non-trading fees. These are dependent on the actions you undertake on your accounts. They're billed for surgeries like depositing money, not trading for long periods, or withdrawals.

Generally, neither eToro or FXCM charge high fees in comparison to other online brokers. For operations other brokers charge for, they do not charge a broker fee, or they charge a smaller sum. This is beneficial for those who often trade, for example daily or weekly trading.

However, non-trading fees charged by eToro and FXCM are relatively competitive. As a result, you are billed more for non-trading activities in your trading account, such as withdrawal and deposits. These are not related to the purchase and sale of resources.

This eToro vs FXCM review for 2026 breaks down every one of the relevant non-trading fees for you in detail.

Compare Broker Fees For eToro And FXCM

What Languages Do eToro And FXCM Support?

Being able to talk completely with your online broker is a key element when comparing trading platforms to find the best broker. Not only for support but to be sure you understand everything on their website and inside their app as it is a key part of success when trading forex.

Below you will find 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 important to work with an online broker that is reputable and one of the easiest ways of understanding this is by knowing how many clients are using their services.

Below you will find details of how many users eToro and FXCM are working with

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 and FXCM offers 100.

Below you will find a full breakdown of what both eToro and FXCM offer.