Alpari vs. FXCM Comparison

This contrast overview aids customers who struggle to pick in between Alpari and FXCM to discover the most effective online broker for their trading and investment requirements. It assesses the highlights of the two brokers side-by-side to help individuals compare their solution and make an informed decision.

To help users select the right broker in between Alpari and FXCM to find the best-suited platform, listed below is a checklist of broker’s pros and cons, followed by a contrast of their primary trading functions, including trading platforms & tools, charges, mobile trading, down payment & withdrawal, possessions, guideline, and client assistance.

Alpari vs. FXCM: Summary

Alpari-logo

Alpari is a financial brokerage company founded in 1998. The broker is not regulated, and is therefore not considered safe. Users have access to multiple assets including stocks (600 US stock CFDs), forex (46 + forex pairs), commodities and indices.

Alpari’s trading platform has over 60,000 users and is compatible with MetaTrader 4 and 5.

Alpari offers commission-free CFD trading and charges forex spreads from 1,2 pips EUR/USD. Traders can receive up to 20% cashback on paid spreads and commissions through Alpari’s loyalty program.

Alpari’s customer support is available by email (support@alpari.com), phone (+442 080 896 850), and via live chat in Arabic and English.

FXCM logo

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

  • Access to over 600 US stock CFDs and 46 forex pairs
  • Commission-free CFD trading
  • MetaTrader 4 and 5 compatibility
  • Low (floating) spreads from 1,2 pips (EUR/USD)
  • PAMM account availability

Cons

  • Has a history of insolvency
  • No valid trading licence

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

  • Zero commission CFD trading
  • Low minimum deposit ($100)
  • Access to PAMM services
  • Support for MetaTrader 4 & 5
  • High-quality market analysis and research
  • Over 600 CFDs and 46 forex pairs

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

Alpari vs. FXCM Comparison

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FXCM logo

FXCM

Open account Read review

63% or 74% of retail CFD accounts lose money

BROKER COMPARISON

Alpari-logo
FXCM logo

Overall rating

3,2/5

4,0/5

Overall rating

3,2/5

4,0/5

Trading Platform & Tools

3.8

4.7

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 1000:1 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

2.9

3.4

See details
Withdrawal Fee 0-2% $40
Deposit Fee 0 0
Inactivity Fee $5 after 6 months $50 per year after 12 months
Cost Per Trade 0 0
Cost Per Month 0 0
Forex (EUR/USD) 0.4 0.2 pips
Stocks & ETF 0 0
CFD (Gold) 3.3 0.5 pips
Crypto 0 0
Options 0 0
Conversion Fees 0 0
Misc. Fees 0 0
Overnight Fees

Mobile Trading

4.0

5.0

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

3.7

2.5

See details
Minimum deposit (in UAE) $5.00 $300
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

2.5

2.0

See details
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 61 45
CFD Indices & Funds 20 15
CFD Stocks 600 219
CFD Commodities 8 12
CFD Crypto 0 7
CFD Bonds 0 1
Binary Options 0 0
SWAPS 0 0
Saving Plans 0 0

Regulation

3.0

5.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

2.5

5.0

See details
Webinars
Educational Resources
Daily News Updates
Market Indepth Analysis
Pers. Training & Room
Market Research

Customer Support

3.2

4.5

See details
Email
Phone
Live Chat
24/7 support
Multilingual
Personal Account Manager

Winner

Alpari vs. FXCM Comparison Conclusion

The outcomes of our contrast of Alpari vs. FXCM are involved the table below.

Broker:Best For:
AlpariTrading with multiple assets and PAMM investment services
FXCMForex and CFDs; Algorithmic trading

Selecting the best option in between Alpari and FXCM can be tough. Both on-line brokers have similarities yet vary relating to trading tools, systems & applications, law, deposit & withdrawals, and research and education. Picking the very best broker relies on customers’ trading & investment goals, specific 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.

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