zulutrade vs FXCM, Who's Better?
zulutrade Rating
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FXCM Rating
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Your capital is at risk |
Losses can exceed deposits |
zulutrade vs FXCM Guide |
Read our In-Depth zulutrade vs FXCM Review - for 2024
This review comparing zulutrade and FXCM has been refreshed for 2024 from knowledgeable insiders with significant financial experience across Social Trading, Forex, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of zulutrade vs FXCM does not apply to all countries as follows:
zulutrade Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
FXCM Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare zulutrade vs FXCM
All trading platforms has a few ups and downs, so a complete analysis of zulutrade vs FXCM cannnot be regarded as thorough without having an objective perspective.
Compare zulutrade and FXCM to understand how they stack up against each before you choose to make an account. Conducting a side-by-side comparison can put things in perspective so that you remain cognizant of what to expect.
So you are looking for a reputable broker and are choosing between zulutrade or FXCM. Which one is best in 2024?
This zulutrade vs FXCM comparison contains the latest information so you can easily compare FXCM against zulutrade.
If you're a new entrant in the world of trading and brokers, so many details will be perplexing for you. Getting into the area of trading demands expert assessing skills and comprehensive understanding. You will acquire proficient at all the concepts of brokerage as you continue trading. For starters, you have to select the right broker who'll be clear with you always.
In this fast-paced universe of stock markets and trading, you will need guidance to make correct decisions. A professionally lead investment program has the potential to generate hefty returns. zulutrade and FXCM are two such trading platforms that will take you and your investment to great heights. It is important to compare zulutrade vs FXCM before you trust them with your cash.
Our zulutrade vs FXCM comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust zulutrade and FXCM side by side.
Our entire zulutrade vs FXCM Review covers all you need to learn about trading with either zulutrade or FXCM. A good agent can multiply your first investments and provide you positive profits. If you would like to earn profits, you must trade with a broker service that aligns with your investing goals.
There is no sure-fire way to ensure profits; therefore, you should carefully assess your agent before you choose them. It is a frequent misconception that all agents will be the same, but that is not correct. Wrong judgment, initially, can put your investments at risk.
zulutrade and FXCM are both brokers which have paved their way successfully into the broker world. Within this review, we've attempted to collate a number of the important facets of both zulutrade and FXCM. This review can allow you to know whether either FXCM or zulutrade is a good match for your investments or not. We've attempted to breakdown all the qualities and fees for your convenience.
Benefits of zulutrade and FXCM Compared
zulutrade offers a minimum deposit of $250 while FXCM has a $1 minimum deposit.
Why smaller minimum deposits are good and how zulutrade 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.
zulutrade has around 217 financial instruments while FXCM allows you to trade around 217 financial instruments on their platform.
The more instruments you can trade on the zulutrade 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 zulutrade or FXCM.
zulutrade and FXCM Contact Details
Being able to contact your broker through many ways is a sign of a professional broker. zulutrade and FXCM have the following contact details and social medias that you can use.
Broker | zulutrade | FXCM |
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zulutrade Twitter Account | FXCM Twitter Account | |
zulutrade Facebook Page | FXCM Facebook Page | |
zulutrade Instagram Account | FXCM Instagram Account | |
zulutrade LinkedIn Page | FXCM LinkedIn Page | |
YouTube | zulutrade YouTube Channel | FXCM YouTube Channel |
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FXCM and zulutrade 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 zulutrade 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
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 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?
zulutrade vs FXCM - Awards
zulutrade vs FXCM - Frequently Asked Questions
zulutrade vs FXCM - Headquarters And Year Of Founding
zulutrade was founded in 2019 and has its headquaters in Geneva.
FXCM was founded in 1999 and has its head office in United States.
What is the minimum deposit for FXCM or zulutrade
The minimum deposit for zulutrade is $250.
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 zulutrade and FXCM are a good choice.
zulutrade vs FXCM - Regulation And Licencing In More Detail
zulutrade is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F334.
FXCM is regulated by Financial Conduct Authority (FCA).
Both zulutrade and FXCM have a strong set of rules for ensuring fair trading on their individual platforms. For information encryption functions, they provide industry-standard secure socket layers (SSL).
As per their privacy policies, customer information is never to be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare zulutrade vs FXCM Commission And Fees
zulutrade 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 businesses of online trading platforms are scaled better. That is, an internet broker is not necessarily influenced by the number of customers they have.
But this does not mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to earn money. There are mainly 3 types of penalties for this purpose.
The first sort of charges to look out for are trading fees. Whenever you make an actual trade, like buying a stock or an ETF, you're billed trading charges. In these cases, you're spending a spread, funding speed, or even a commission. The sorts of trading fees and the prices vary from broker to broker.
Commissions could be fixed or determined by the traded quantity. On the flip side, a spread denotes the gap between the buying and selling cost. Financing or overnight prices are people that are charged when you maintain a leveraged position for longer than a day.
Apart from trading fees, online agents also bill non-trading fees. These are determined by the activities you undertake on your account. They're billed for operations like depositing cash, not investing for long periods, or withdrawals.
Generally, neither zulutrade or FXCM charge high fees compared to other online brokers. For operations other agents charge for, they do not charge a brokerage fee, or they charge a smaller sum. This can be beneficial for people who regularly trade, such as daily or weekly trading.
However, non-trading fees charged by zulutrade and FXCM are relatively lower. As a result, you're charged 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 zulutrade vs FXCM review for 2024 breaks down each of the relevant non-trading fees for you in detail.
Compare Broker Fees For zulutrade And FXCM
Broker | zulutrade | FXCM |
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Minimum Deposit | $250 | $1 |
Withdrawal Fees | No | No |
Inactivity Fees | No | No |
Deposit Fees | Yes | No |
CFD Fees | Yes | No |
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What Languages Do zulutrade And FXCM Support?
Being able to chat completely with your online platform is a key way of comparing brokers to find the best 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 part of success when trading forex.
Below you will find all the languages that both zulutrade and FXCM offer communication in.
How Many Clients Do zulutrade and FXCM Have?
Both zulutrade and FXCM are well known and trusted. It is really important to work with an online broker that is professional and one of the most simple ways of establishing this is by knowing how many clients are using their services.
Below you will find details of how many clients zulutrade and FXCM are active on their platform
Broker | zulutrade | FXCM |
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Clients / Users | 10,000+ | 10,000+ |
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What Payment Methods Do zulutrade and FXCM Accept?
zulutrade 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 zulutrade and FXCM
Broker | zulutrade | FXCM |
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Bank Transfers | Yes | Yes |
Credit Cards | Yes | Yes |
PayPal | Yes | No |
Skrill | Yes | No |
Payoneer | Yes | Yes |
Neteller | Yes | No |
Find Out More |
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What Can You Trade With zulutrade and FXCM?
zulutrade offers 217 trading instruments whilst FXCM offers 100.
Below you will find a full breakdown of what both zulutrade and FXCM offer.
zulutrade Review
zulutrade vs FXCM:
Table Of Contents
- Compare zulutrade vs FXCM
- Benefits of zulutrade and FXCM Compared
- FXCM and zulutrade Mobile App Comparison
- zulutrade vs FXCM - Awards
- zulutrade vs FXCM - Frequently Asked Questions
- What is the minimum deposit for FXCM or zulutrade
- zulutrade vs FXCM - Regulation And Licencing In More Detail
- Compare Broker Fees For zulutrade And FXCM
- What Languages Do zulutrade And FXCM Support?
- How Many Clients Do zulutrade and FXCM Have?
- What Payment Methods Do zulutrade and FXCM Accept?
- What Can You Trade With zulutrade and FXCM?