This side-by-side comparison helps users who need help choosing between ActivTrades and FXCM to select the ideal online broker for their trading and investment needs. It studies the common features of the two brokers side by side to help users compare their service and make an informed decision.
To help users select the optimal broker between ActivTrades and FXCM to find the best-suited platform, below is a list of broker’s pros and cons, followed by a comparison of their common trading features, including trading platforms & tools, fees, mobile trading, deposit & withdrawal, assets, regulation, and customer support.
ActivTrades vs. FXCM: Summary
ActivTrades is a forex and CFD broker founded in 2001. The broker is licensed by the FCA and is considered safe. Users have access to a variety of assets including forex and CFDs on stocks, ETFs, cryptos, commodities and indices.
ActiveTrades has a proprietary platform (ActivTrader) and mobile app (ActiveTrades app) with an intuitive dashboard and trading features. Trading fees are below industry average, while research and educational resources are limited.
Account opening is fast and simple, while deposit & withdrawals are free of charge. The minimum deposit is $0.
ActiveTrade’s customer support is available through phone, email and live chat 24/5.
ActiveTrade is a common choice among forex and CFD traders with intermediate knowledge.
FXCM is a UK-based forex and CFD broker founded in 1999. They offer access to over 400 tradable instruments including 300 CFDs, 41 forex pairs and a handful of shares, indices, commodities, and cryptocurrencies. FXCM is regulated by four tier-one regulators including the FCA, the ASIC, the CySEC, and the FSCA.
FXCM offers a wide range of trading platforms including Trading Station (proprietary trading platform), MT4 and TradingView. Users also have access to various copy trading apps (NinjaTrader, ZuluTrade, and/or Capitalise AI), analysis reports by TradingCentral and 55 charting indicators.
FXCM charges a spread of 1.4pips (EUR/USD) without any commission on their standard account, which is above industry average. The broker doesn’t charge any deposit fees, but charges a $40 withdrawal fee and a $50 a year inactivity fee after 12 months of no login activity.
FXCM’s customer service is available 24/7 by email, phone, and live chat in English, Arabic, and several other languages.
Pros
- Low minimum deposit ($0)
- Low spreads from 0.5 pips EUR/USD
- Proprietary web platform (ActiveTrader) and MetaTrader desktop integration
- Negative balance protection
- Fast account opening
Cons
- Inactivity fees
- Limited availability of assets (only CFD, forex, and cryptocurrencies)
Pros
- Low minimum deposit ($50)
- Average forex spread and 0% commission
- Various algorithmic and copy trading tools (MT4, ZuluTrade, Trading View)
- Detailed Trade execution reports (execution quality and slippage)
- Feature rich mobile apps
Cons
- Low amount of trading instruments
- Relatively high trading and other fees
Key features
- Access to forex, CFDs and cryptocurrencies
- Compatible with MetaTrader 4 and 5
- Extensive research tools (SmartOrder 2 and Pivot Points Indicator)
- Daily Market Analysis videos
- Free unlimited demo paper trading account
- One to One training available
Key features
- Over 400 CFDs across various markets
- Wide range of platforms (Trading Station, MT4, NinjaTrader, ZuluTrade)
- Multiple order types availability
- TradingView integration
- Support for advanced, algorithmic, and copy trading
- Regulated by 4 tier-one regulators
ActivTrades vs. FXCM Comparison
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ActivTrades
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider.You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FXCM
BROKER COMPARISON
Trading Platform & Tools
Automated Trading | ||
Charting Tools | ||
Conditional Orders | ||
cTrader | ||
Demo Account | ||
Desktop Platform | ||
Max Leverage | 1:400 | 1:400 |
MetaTrader 4 (MT4) | ||
MetaTrader 5 (MT5) | ||
Mobile Version | ||
Mutual Fund Management | ||
Proprietary Platform | ||
Social/Copy Trading | ||
Trading Alerts | ||
Trading signals | ||
Watchlist | ||
Web Version |
Fees
Withdrawal Fee | 0 | $40 |
Deposit Fee | 0 | 0 |
Inactivity Fee | $50 per year after 12 months | |
Cost Per Trade | 0 | 0 |
Cost Per Month | £10 | 0 |
Forex (EUR/USD) | 1 pip | 0.2 pips |
Stocks & ETF | 0 | 0 |
CFD (Gold) | 3.8 pips | 0.5 pips |
Crypto | 0 | 0 |
Options | 0 | 0 |
Conversion Fees | 0 | |
Misc. Fees | 0 | 0 |
Overnight Fees | 0 |
Deposit & Withdrawal
Minimum deposit (in UAE) | $0.00 | $300 |
Bank Wire | ||
Credit/Debit Card | ||
Cash | ||
Check | ||
Islamic Account Transfer | ||
E-payments | ||
Paypal | ||
Skrill | ||
Neteller |
Assets
Shares | 0 | 0 |
ETF & Funds | 0 | 0 |
Crypto | 0 | 0 |
Commodities | 0 | 0 |
Indices | 0 | 0 |
Options | 0 | 0 |
Futures | 0 | 0 |
Bonds | 0 | 0 |
Forex Instruments | 48 | 45 |
CFD Indices & Funds | 527 | 15 |
CFD Stocks | 660 | 219 |
CFD Commodities | 15 | 12 |
CFD Crypto | 9 | 7 |
CFD Bonds | 5 | 1 |
Binary Options | 0 | 0 |
SWAPS | 0 | 0 |
Saving Plans | 0 | 0 |
Research & Education
Webinars | ||
Educational Resources | ||
Daily News Updates | ||
Market Indepth Analysis | ||
Pers. Training & Room | ||
Market Research |
Customer Support
Phone | ||
Live Chat | ||
24/7 support | ||
Multilingual | ||
Personal Account Manager |
Winner
ActivTrades vs. FXCM Comparison Conclusion
The results of our comparison of ActivTrades vs. FXCM are wrapped up in the table below.
Broker: | Best For: |
ActivTrades | Forex and CFD trading |
FXCM | Forex and CFDs; Algorithmic trading |
Finding the ideal choice between ActivTrades and FXCM can be tough. Both online brokers have similarities but vary based on trading fees, platform selection, products, licenses, and trading features. Picking the best broker depends on users’ trading & investment goals, personal preferences, and experience level.
To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.