XM vs FXCM, Updated for 2025

Compare XM vs FXCM

Every online trading platforms will have certain pros and cons, so any comprehensive review of XM and FXCM should not be complete without having an objective perspective.

Assess XM and FXCM to get a better understanding of how these platforms line up against one another prior to you make an account. A comprehensive comparison helps to place factors in perspective to ensure that you are cognizant of what to expect.

So you are looking for a professional broker and are choosing between XM or FXCM. Who is better in 2025?

Our XM vs FXCM comparison contains the latest information so you can easily compare FXCM against XM.

If you're a new entrant in the realm of trading and brokers, so many nuances will be confusing for you. Getting into the world of trading demands expert analyzing skills and comprehensive knowledge. You will acquire adept at all of the concepts of brokerage as you keep trading. For starters, you have to select the ideal agent who will be transparent with you constantly.

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

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

Our entire XM vs FXCM Review covers everything you will need to learn about trading using either XM or FXCM. A fantastic agent can multiply your first investments and provide you favorable profits. If you want to make profits, you should trade with a brokerage service that contrasts with your investing goals.

There is no sure-fire way to guarantee profits; thus, you should carefully analyze your agent before you choose them. It is a common misconception that all brokers will be exactly the same, but that is not correct. Wrong judgment, in the beginning, can put your investments in danger.

XM and FXCM are both brokers that have found their way successfully to the broker world. In this review, we have attempted to collate a number of the important aspects of both XM and FXCM. This review will allow you to know whether either FXCM or XM is a good match for your investments or not. We have attempted to breakdown all of the features and fees for your convenience.

Benefits of XM and FXCM Compared

XM has a minimum deposit of $5 while FXCM offers a $1 minimum deposit.

Why smaller minimum deposits are good and how XM 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.

XM allows you to trade around 100 financial instruments whilst FXCM allows you to trade around 100 on their platform.

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

XM and FXCM Contact Details

Being able to contact an online trading platform simply is vital. XM and FXCM have the following contact details and social medias that you can use.

FXCM and XM 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 XM and FXCM will examine whether their mobile app meets all our requirements.

Overall, we rate the user-friendliness of the apps as Better than the average.

It is important that any trading app has user friendly capabilities especially with the

Search Functions

While most brokers are good at this, there are some poor ones. 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 have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?

XM vs FXCM - Awards

XM vs FXCM - Frequently Asked Questions

XM vs FXCM - Headquarters And Year Of Founding

XM was founded in 2009 and has its headquaters in Cyprus.

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

What is the minimum deposit for FXCM or XM

The minimum deposit for XM is $5.

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 XM and FXCM are a good option.

XM vs FXCM - Regulation And Licencing In More Detail

XM is regulated by International Financial Services Commission(IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC).

FXCM is regulated by Financial Conduct Authority (FCA).

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

In accordance with their own privacy policies, customer information is never to be shared with any other institutions or individuals. This includes credit history and other financial information.

Compare XM vs FXCM Commission And Fees

XM and FXCM are online brokerage platforms, and many online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the companies of online trading platforms are scaled much better. In other words, an internet broker isn't necessarily affected by the amount of customers they have.

However, this doesn't necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for a variety of services to make money. There are mainly three types of fees for this purpose.

The first sort of charges to keep an eye out for are trading charges. When you make a genuine trade, like buying a stock or an ETF, you are charged trading charges. In these instances, you are paying a spread, financing speed, or even a commission. The sorts of trading fees and the prices differ from broker to broker.

Commissions could be fixed or determined by the traded volume. On the flip side, a spread refers to the gap between the buying and selling cost. Funding or overnight rates are those that are billed when you hold a leveraged position for longer than daily.

Aside from trading charges, online agents also charge non-trading fees. These are dependent on the actions you undertake in your account. They are charged for operations like depositing money, not investing for lengthy periods, or withdrawals.

In general, neither XM or FXCM charge high fees compared to other online brokers. For operations other brokers charge for, they do not charge a brokerage fee, or they charge a lesser sum. This can be beneficial for people who regularly trade, for example daily or weekly trading.

But, non-trading fees charged by XM and FXCM are relatively higher. Consequently, you are billed more for non-trading actions in your trading accounts, such as deposits and withdrawal. These are not about the sale and purchase of assets.

This XM vs FXCM review for 2025 breaks down each of the relevant non-trading charges for you in detail.

Compare Broker Fees For XM And FXCM

What Languages Do XM And FXCM Support?

Being able to talk completely with your online broker is a key element when comparing brokers to find the best broker. Not only for support but to ensure you completely 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 XM and FXCM offer communication in.

How Many Clients Do XM and FXCM Have?

Both XM and FXCM are well established with their customer base. It is really important to work with an online broker you can trust 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 XM and FXCM have

What Payment Methods Do XM and FXCM Accept?

XM 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 XM and FXCM

What Can You Trade With XM and FXCM?

XM offers 100 trading instruments while FXCM offers 100.

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