easyMarkets vs FXCM, Who's The Best?

Compare easyMarkets vs FXCM

All online trading platforms has certain advantages and disadvantages, and any comprehensive analysis of easyMarkets vs FXCM should not be complete without adopting an objective perspective.

Compare easyMarkets and FXCM to understand how they compare to each other before you choose to open an account. A comparative analysis will bring aspects into perspective to ensure that you are cognizant of what to expect.

So you are looking for a broker and are choosing between easyMarkets or FXCM. Which one is best in 2024?

This easyMarkets vs FXCM comparison contains the latest information so you can easily compare FXCM against easyMarkets.

If you're a new entrant in the world of trading and brokerages, so many details will be confusing for you. Getting into the world of trading demands expert analyzing skills and thorough understanding. You will acquire proficient at all of the concepts of brokerage since you keep trading. For starters, you have to choose the ideal broker who'll be clear with you constantly.

In this fast-paced universe of stock markets and trading, you'll need guidance to make correct decisions. A professionally lead investment plan has the potential to generate hefty returns. easyMarkets and FXCM are two such trading platforms that will take you along with your investment into great heights. It is crucial that you compare easyMarkets vs FXCM until you trust them with your money.

Our easyMarkets vs FXCM comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust easyMarkets and FXCM side by side.

Our entire easyMarkets vs FXCM Review covers all you will need to know about trading with either easyMarkets or FXCM. A fantastic agent can multiply your first investments and provide you favorable profits. If you want to earn profits, you must trade with a brokerage service that contrasts with your investing goals.

There is no sure-fire method to guarantee profits; therefore, you must carefully analyze your broker before you choose them. It's a frequent misconception that all agents are the same, but that is not true. Wrong judgment, in the beginning, can put your investments at risk.

easyMarkets and FXCM are both brokers which have paved their way successfully to the brokerage world. In this review, we've attempted to collate some of the vital facets of both easyMarkets and FXCM. This review will allow you to understand whether either FXCM or easyMarkets is a good match for your own investments or not. We have attempted to breakdown all of the qualities and charges for your advantage.

Benefits of easyMarkets and FXCM Compared

easyMarkets offers a minimum deposit of $100 while FXCM has a $1 minimum deposit.

Why smaller minimum deposits are good and how easyMarkets 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.

easyMarkets has around 200 financial instruments while FXCM has around 200 available.

The more financial instruments you can trade on the easyMarkets 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 never want to miss out on a trading opportunity due to the limitations of easyMarkets or FXCM.

easyMarkets and FXCM Contact Details

Being able to contact your broker easily is vital. easyMarkets and FXCM have the following contact details and social medias that you can use.

FXCM and easyMarkets 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.

This part of comparing easyMarkets and FXCM will examine whether their mobile app meets all our requirements.

Overall, we rate the user-friendliness of the apps as better than 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. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start 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?

easyMarkets vs FXCM - Awards

easyMarkets vs FXCM - Frequently Asked Questions

easyMarkets vs FXCM - Headquarters And Year Of Founding

easyMarkets was founded in 2003 and has its headquaters in Cyprus, Australia.

FXCM was founded in 1999 and has its headquaters in United States.

What is the minimum deposit for FXCM or easyMarkets

The minimum deposit for easyMarkets is $100.

The minimum deposit for FXCM is $1.

Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both easyMarkets and FXCM are a good choice.

easyMarkets vs FXCM - Regulation And Licencing In More Detail

easyMarkets is regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC).

FXCM is regulated by Financial Conduct Authority (FCA).

Both easyMarkets and FXCM have a strong collection of rules for ensuring fair trading onto their platforms. For data encryption purposes, they provide industry-standard secure socket layers (SSL).

As per their individual privacy regulations, customer data is to not be shared with any other institutions or individuals. This includes credit history and other financial information.

Compare easyMarkets vs FXCM Commission And Fees

easyMarkets and FXCM are online brokerage platforms, and many online brokerages charge lower prices than traditional brokerages tend to charge. The reason for this is that the businesses of online trading platforms are scaled much better. That is, an online broker isn't necessarily influenced by the number of clients they have.

However, this doesn't necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to earn money. There are mainly three different types of penalties for this objective.

The first kind of fees to look out for are trading charges. Whenever you make a genuine trade, like purchasing a stock or an ETF, you are billed trading fees. In these cases, you're spending a spread, financing rate, or even a commission. The kinds of trading fees and the prices 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 price. Funding or overnight prices are those who are charged when you maintain a leveraged position for longer than a day.

Apart from trading fees, online agents also charge non-trading fees. These are dependent on the activities you undertake on your accounts. They are charged for operations like depositing cash, not trading for long periods, or withdrawals.

In general, neither easyMarkets or FXCM charge high fees compared to other online agents. For operations other agents charge for, they either do not charge a brokerage fee, or they charge a smaller sum. This is beneficial for those who often exchange, such as daily or weekly trading.

However, non-trading fees billed by easyMarkets and FXCM are relatively lower. Consequently, you're billed more for non-trading activities on your trading account, like deposits and withdrawal. These aren't about the purchase and sale of assets.

This easyMarkets vs FXCM review for 2024 breaks down every one of the applicable non-trading charges for you in detail.

Compare Broker Fees For easyMarkets And FXCM

What Languages Do easyMarkets And FXCM Support?

Being able to communicate easily with your online platform is a key part of comparing online brokers to find your perfect trading partner. Not only for support but to be sure you understand everything on their website and inside their app as it is a key factor to success when trading forex.

Below you will find all the languages that both easyMarkets and FXCM offer communication in.

How Many Clients Do easyMarkets and FXCM Have?

Both easyMarkets and FXCM are well established with their customer base. It is really important to work with a broker that is reputable and one of the easiest ways of understanding this is by knowing how many customers are using their services.

Below you will find details of how many users easyMarkets and FXCM have

What Payment Methods Do easyMarkets and FXCM Accept?

easyMarkets 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 easyMarkets and FXCM

What Can You Trade With easyMarkets and FXCM?

easyMarkets offers 200 trading instruments whilst FXCM offers 100.

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