FXCC has no minimum deposit requirement, offers traders maximum leverage of 1:500, and treats all clients to an identical, commission-free trading account. It has established itself as a genuine ECN/STP broker offering the out-of-the-box MT4 trading platform. Account management services support exists via the MAM module, and FXCC publishes quality research, including actionable trading signals, while beginners get a basic introduction to trading.

US-owned Forex.com caters to its international client base from its UK subsidiary and provides an excellent choice of trading platforms, including cutting-edge proprietary solutions and an upgraded MT4. Traders also benefit from quality services from Trading Central, TradingView, SMART Signals, and performance analytics.

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

Headquarters
United StatesCyprus
Regulators
ASIC, CFTC, CIMA, CySEC, FCA, FSA, IIROC, NFACySEC, VFSC
Tier 1 Regulator(s)?
N/A
Owned by Public Company?
N/A
Year Established
20012010
Execution Type(s)
Market MakerECN/STP, No Dealing Desk
Minimum Deposit
$100$50
Negative Balance Protection
N/A
Trading Platform(s)
MetaTrader 4, MetaTrader 5, Proprietary platform, Trading ViewMetaTrader 4
Average Trading Cost EUR/USD
1.1 pipsN/A
Average Trading Cost GBP/USD
1.3 pipsN/A
Average Trading Cost WTI Crude Oil
$0.035 N/A
Average Trading Cost Gold
$0.63 N/A
Retail Loss Rate
73.00%N/A
Minimum Raw Spreads
0.0 pipsN/A
Minimum Standard Spreads
0.8 pipsN/A
Minimum Commission for Forex
$5 per $100KN/A
Islamic Account
Signals
US Persons Accepted?
Managed Accounts
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Features and Platforms

MT4
MT5
MT4/MT5 Add-Ons
N/A
cTrader
Proprietary Platform
Automated Trading
Social/Copy Trading
N/A
DOM?
N/A
Guaranteed Stop Loss
Scalping
Hedging
One-Click Trading
N/A
OCO Orders
Interest on Margin
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Noteworthy:

FXCC offers qualifying traders free VPS hosting and maintains a 100% first deposit bonus. Forex.com provides traders with high-quality trading platform updates and trading tools.

Available Markets

Currency Pairs
N/A
Commodities
Crude Oil
Gold
Metals
Equity Indices
Stocks (non-CFDs)
N/A
ETFs
Futures
N/A
Synthetics
N/A
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Both brokers give Forex traders an excellent offer with 70+ currency pairs, where Forex.com leads in quantity and FXCC in leverage. FXCC fails to offer equity trading, while cryptocurrencies are absent from Forex.com. While neither broker maintains a broad choice of commodities, FXCC comes out ahead here. Both brokers only allow rudimentary cross-asset diversification.

Typical Spreads and Fees

Average Trading Cost EUR/USD
1.1 pipsN/A
Average Trading Cost GBP/USD
1.3 pipsN/A
Average Trading Cost WTI Crude Oil
$0.035 N/A
Average Trading Cost Gold
$0.63 N/A
Average Trading Cost Bitcoin
$60 N/A
Minimum Raw Spreads
0.0 pipsN/A
Minimum Standard Spreads
0.8 pipsN/A
Minimum Commission for Forex
$5 per $100KN/A
Deposit Fee
N/A
Withdrawal Fee
N/A
Inactivity Fee
$15 monthly after 12 monthsN/A
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FXCC offers traders access to commission-free raw spreads from 0.0 pips with average costs at 0.5 pips or $5.00 per 1.0 standard lot. Forex.com is more expensive, with minimum trading costs in its commission-free and commission-based accounts at $8.00, while average fees are notably higher, even with the volume-based rebates offered.

Security and Trust

Country of the Regulator
Australia, Canada, Cyprus, Japan, Cayman Islands, Singapore, United Kingdom, United StatesN/A
Name of the Regulator
ASIC, CFTC, CIMA, CySEC, FCA, FSA, IIROC, NFACySEC, VFSC
Regulatory License Number
 0339826,291, Undisclosed, 446717, 400/21, 25033, 345646, UndisclosedN/A
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Segregation of client deposits from corporate funds, negative balance protection, and investor compensation funds in Cyprus and the UK exist at both FXCC and Forex.com. Most international traders at FXCC will deal with the duly registered Vanuatu subsidiary, company registration number 14576, which remains unregulated. While the security at FXCC and Forex.com rank equally, the former maintains a higher trust score.

FXCC vs Forex.com – Verdict

FXCC

Pros
Cons
Commission-free raw spreads from 0 pips with average cost of 0.5 pipsEquity trading not available
One account type with no minimum deposits and high leverage
Quality education for beginner traders and daily trading signals
Full support for algorithmic and social

Forex.com

Pros
Cons
80+ currency pairs and overall quality asset selection Limited funding options
High-quality proprietary web-based and desktop trading platform plus MT4/MT5
Competitive trading costs for active traders
Research, education, and quality trading tools

Forex traders get competitive asset selections at both FXCC and Forex.com. The former ensures an edge with lower trading costs and higher leverage, while the latter provides upgraded trading platforms and high-quality trading tools. FXCC has a clean record and presents an overall better choice.

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

FAQs

Is Forex.com a scammer?

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Forex.com is not a scammer.

How safe is Forex.com?

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Forex.com segregates client deposits from corporate funds, offers negative balance protection, and has an investor compensation fund for UK clients, making it a safe broker.

Is Forex.com a good broker?

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Forex.com offers upgraded trading platforms, high-quality trading tools, and acceptable trading costs.