Capital.com versus FXCM

With six specialty algorithmic trading platforms, API trading, and the MT4 trading platform, FXCM is a leading algorithmic trading broker. Manual traders will benefit from Capitalise AI, allowing automation of trading strategies using an intuitive, code-free environment. FXCM also deploys its competitive proprietary trading platform Trading Station and supports social trading via ZuluTrade, complementing the embedded MT4 service.

Capital.com provides traders with a cutting-edge, web-based trading platform, including AI-powered post-trade analysis. Traders may also opt for MT4, enhanced by the active TradingView community. Capital.com maintains high-quality trading tools and actionable trade recommendations, ensuring clients get an advantage led by Investmate, the proprietary Capital.com AI-assisted educational app.

We have conducted an in-depth review of FXCM and Capital.com to determine which one presents the better overall choice and which traders will benefit the most at either broker.

• Features and Platforms
• Available Markets
• Typical Spreads and Fees
• Security and Trust
• Capital.com versus FXCM - Verdict

Headquarters	United Kingdom	Cyprus
Regulators	ASIC, CySEC, FCA, FSCA	ASIC, CySEC, FCA, NBRB, SCB
Tier 1 Regulator(s)?
Owned by Public Company?
Year Established	1999	2016
Execution Type(s)	Market Maker, No Dealing Desk	Market Maker
Minimum Deposit	$50	$20 by card
Trading Platform(s)	Other, MetaTrader 4, Proprietary platform, Web-based+	MetaTrader 4, Proprietary platform, Web-based
Average Trading Cost EUR/USD	0.6 pips	0.6 pips
Average Trading Cost GBP/USD	1.0 pips	1.3 pips
Average Trading Cost WTI Crude Oil	0.034 pips	$0.03
Average Trading Cost Gold	0.30 pips	$0.30
Retail Loss Rate	70.0%	N/A
Minimum Raw Spreads	0.2 pips	N/A
Minimum Standard Spreads	0.7 pips	N/A
Minimum Commission for Forex	$5.00/round lot	N/A
Islamic Account
Signals
US Persons Accepted?
Managed Accounts
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Features and Platforms

MT4
MT5
cTrader
Proprietary Platform
Automated Trading
DOM?
Guaranteed Stop Loss
Scalping
Hedging
One-Click Trading
OCO Orders
Interest on Margin
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Noteworthy:

FXCM offers quality research and education, but Capital.com takes the lead in both categories due to Investmate, Capital.com TV, and its extensive market commentary, including actionable trading ideas for beginners.

Available Markets

Commodities
Crude Oil
Gold
Metals
Equity Indices
Stocks (non-CFDs)
ETFs
Futures
Synthetics
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FXCM maintains an asset selection suitable for focused strategies requiring few but highly liquid trading instruments. Capital.com is a leading cryptocurrency and Forex broker with a choice of nearly 500 cryptocurrency CFDs and 138 currency pairs. Capital.com maintains 6,100+ overall assets, ensuring a well-balanced asset selection supporting almost any trading strategy. It also continuously adds new ETFs.

Typical Spreads and Fees

Average Trading Cost EUR/USD	0.6 pips	0.6 pips
Average Trading Cost GBP/USD	1.0 pips	1.3 pips
Average Trading Cost WTI Crude Oil	0.034 pips	$0.03
Average Trading Cost Gold	0.30 pips	$0.30
Average Trading Cost Bitcoin	$40	$106
Minimum Raw Spreads	0.2 pips	N/A
Minimum Standard Spreads	0.7 pips	N/A
Minimum Commission for Forex	$5.00/round lot	N/A
Deposit Fee		N/A
Withdrawal Fee		N/A
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High-volume, high-frequency traders can achieve lower trading costs at FXCM once they qualify for rebates, but Capital.com takes an overall lead with its commission-free pricing environment, cheaper than anything FXCM can provide. Minimum Forex costs at Capital.com are $6.00 per standard lot versus $13 commission-free or $7 commission-based at FXCM.

Security and Trust

Country of the Regulator	New Zealand, Seychelles	Australia, The Bahamas, Belarus, Cyprus, United Kingdom
Name of the Regulator	ASIC, CySEC, FCA, FSCA	ASIC, CySEC, FCA, NBRB, SCB
Regulatory License Number	403326, SD045	793714, 193225654, 319/17, 513393, SIA-F245
Regulatory Tier	N/A	1, 5, 1, 1, 4
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Both brokers offer traders equally secure trading environments. FXCM and Capital.com segregate client deposits from corporate funds, have negative balance protection, and an investor compensation fund for their UK and Cyprus subsidiaries. Capital.com also complies with PCI Data Security Standards.

Capital.com vs FXCM – Verdict

FXCM

Pros	Cons
Excellent choice of trading platforms with dedicated support for algorithmic trading	High commission-free Forex trading costs
Deep liquidity, transparent order executions, and monthly slippage statistics
Low-cost commission-based cost structure with a volume-based rebate program
Quality research and education via FXCM Plus

Capital.com

Pros	Cons
Excellent Forex and cryptocurrency selection	Leverage for retail clients restricted to 1:30
A competitive commission-free pricing environment	Limited deposit and withdrawal methods for many international clients
Award-winning proprietary trading platform alongside MT4
High-quality educational section built around Investmate

While niche algorithmic traders get a notably better infrastructure at FXCM, Capital.com offers the MT4 trading platform, which fully supports algorithmic and copy traders. The Capitalise AI platform at FXCM stands out, but both feature AI-assisted trading tools. Capital.com takes the overall lead through its excellent asset selection, lower trading costs, and education powered by Investmate, an ideal tool for beginners.

You might also be interested in reviewing the below broker comparisons:

• Capital.com vs FXTM
• Capital.com vs eToro
• Capital.com vs Trading212
• FXCM vs XM
• FXCM vs Avatrade
• FXCM vs EasyMarkets

Read full FXCM Review

Read full Capital.com Review