Broker comparison

FXCM vs NPB Markets Comparison

Compare trading conditions, commissions and platforms of Forex brokers FXCM and NPB Markets. Find out which broker is best for you.

VS summaryScores and ranking at a glance
FXCMHigher ranked
Rating
4.3/5
Rank
#29
Register

67-72% of retail investors lose money when trading CFDs with this broker

NPB Markets
Rating
4.2/5
Rank
#48
Register

Trading CFDs carries high risks. You may lose all invested funds

  • Conditions, fees and platforms compared
  • Ratings and ranking positions checked
  • Based on our review methodology
How we compare brokers
Updated

We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.

Who is better - FXCM or NPB Markets?

Quick comparison

Key differences between the brokers

Below, we show only the differences in trading conditions covered in our reviews. These may include the minimum deposit, available markets, platforms and account types. Compare these details with your requirements.

Methodology

Ratings and ranks

FXCM ranks higher in the editorial ranking.
FXCM
Rating: 4.3/5Rank: #29
NPB Markets
Rating: 4.2/5Rank: #48

FXCM

Minimum deposit · USD
50 USD
Different platforms
  • Trading Station
  • TradingView
Different markets
  • Soft Commodities
Cent account
No

NPB Markets

Minimum deposit · USD
10 USD
Different platforms
None listed
Different markets
None listed
Cent account
Yes

This material is not personalized financial advice. Terms and service availability vary by country.

Full broker ranking

Comparison Table of FXCM and NPB Markets

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Overview: comparison of FXCM, NPB Markets
BrokerFXCMNPB Markets
Foundation Year19992016
Regulated in CountriesUnited Kingdom, Australia, Cyprus, South Africa, Canada, Israel, Saint Vincent and the GrenadinesComoros
Minimum Deposit
  • 50 USD
  • 10 EUR
  • 500 RUB
  • 10 USD
Spreadfrom 0 pointsfrom 0.1 points
Max Leverage1:10001:1000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • Trading Station
  • TradingView
  • MetaTrader 4
ReviewFXCM ReviewNPB Markets Review

FXCM Review

FXCM Logo
Register67-72% of retail investors lose money when trading CFDs with this broker
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Cryptocurrency
Trading Platforms
MetaTrader 4Trading StationTradingView

FXCM represents a comprehensive solution that will benefit traders of all levels — from beginners to professionals. Beginners will appreciate the accessible educational materials and analytics, while experienced traders can use various instruments and flexible platform settings.

However, it's essential to consider drawbacks such as fees for account inactivity and the limited variety of trading accounts. These factors may be particularly significant for traders who do not plan to trade actively or are looking for more options for customization.

The broker offers a good balance between high-quality services and reasonable rates, making it an attractive choice for a broad spectrum of traders.

Pros and Cons of FXCM

Pros

  1. Diverse methods for deposit and withdrawal.
  2. Wide range of markets and products for trading.
  3. A broad spectrum of trading platforms.
  4. Extensive and quality materials for making informed decisions.
  5. Quick and efficient help in solving emerging issues.

Cons

  1. Insufficient variety of trading accounts.
  2. Inactivity fees and commissions for bank transfer withdrawals.
  3. Protracted account opening and verification process.

NPB Markets Review

NPB Markets Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Indices Stocks ETF Cryptocurrency
Trading Platforms
MetaTrader 4

NPB Markets is suitable for novice and experienced traders, thanks to its extensive educational program, various account types, and set of trading instruments. The broker is particularly noteworthy for those who value quality technical analysis and a diversity of trading instruments.

Despite certain drawbacks, NPB Markets provides quality service and can be used by most traders.

Pros and Cons of NPB Markets

Pros

  1. A rich selection of analytical tools and resources.
  2. Extensive education section.
  3. A variety of trading account types.
  4. Numerous available methods for depositing and withdrawing funds.

Cons

  1. Lack of alternatives to the MetaTrader 4 platform.
  2. Regulation in an offshore jurisdiction.

NPB Markets is in the top 10 of the following ratings:

Reliability

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Reliability: comparison of FXCM, NPB Markets
BrokerFXCMNPB Markets
Reliability
5/5
3.2/5
Foundation Year19992016
Regulated in CountriesUnited Kingdom, Australia, Cyprus, South Africa, Canada, Israel, Saint Vincent and the GrenadinesComoros
Regulators

FXCM

FXCM is a well-regulated broker with numerous licenses from various global organizations.

NPB Markets

The broker has certain protective measures but is registered in offshore jurisdictions.

Pros

  1. Membership in The Financial Commission.
  2. Existence of a Compensation Fund.
  3. Regulation by multiple bodies.

Cons

  1. Registration in offshore jurisdictions.
  2. Lack of information on deposit insurance.

Account Opening

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Account Opening: comparison of FXCM, NPB Markets
BrokerFXCMNPB Markets
Account Opening
4/5
5/5
Minimum Deposit
  • 50 USD
  • 10 USD
  • 10 EUR
  • 500 RUB

FXCM

The account opening process at FXCM is logically organized and efficient, providing clear steps for traders. The structured system and quick verification make this process convenient and straightforward.

Pros

  1. Clear and structured registration form.

Cons

  1. Verification waiting time can take up to 3 days.

NPB Markets

Opening an account with NPB Markets is straightforward, with a short registration form, clear verification requirements, and three base currencies.

Pros

  1. Simple registration.
  2. Clear document requirements.

Account Types

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Account Types: comparison of FXCM, NPB Markets
BrokerFXCMNPB Markets
Account Types
4/5
4.5/5
Trading Accounts
  • Standard
  • Master
  • Zero
  • Expert
  • VIP
  • Standard Cent
Minimum Deposit
  • 50 USD
  • 10 USD
  • 10 EUR
  • 500 RUB
Spreadfrom 0 pointsfrom 0.1 points
Max Leverage1:10001:1000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • Trading Station
  • TradingView
  • MetaTrader 4
Demo Account
Swap-free Account

FXCM

FXCM offers two types of accounts: Mini for beginners and Standard for experienced traders. Although the choice is not vast, both accounts are well adapted for their target audiences.

Pros

  1. Mini account available - akin to a cent account.
  2. Option for copy trading through ZuluTrade.
  3. Demo and Islamic accounts available.

Cons

  1. Limited selection of account types.
  2. No account with fixed spreads.

NPB Markets

The broker offers a wide range of accounts, meeting the needs of different traders.

Pros

  1. STP accounts
  2. Opportunity to copy trades of successful traders.
  3. Availability of cent accounts for beginners.

Cons

  1. No accounts with fixed spreads.

Commissions

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Commissions: comparison of FXCM, NPB Markets
BrokerFXCMNPB Markets
Commissions
3.2/5
4/5
Spreadfrom 0 pointsfrom 0.1 points
Average Spread (EURUSD)1.21.2
CommissionNo dataper 1 lot$4.00

FXCM

Commissions at FXCM are average. The broker offers favorable conditions for long-term trading thanks to competitive spreads and swaps. However, there is an inactivity fee and a fee for fund withdrawal.

Pros

  1. Competitive spreads and swaps.
  2. Rebate program for active traders.

Cons

  1. Inactivity fee.
  2. Fee for withdrawals via bank transfer.

NPB Markets

NPB Markets offers average market spreads and swaps.

Pros

  1. No inactivity fee.
  2. No withdrawal fee.
  3. Cashback with up to 60% spread return

Cons

  1. Average spreads and swaps.

Deposit and Withdrawal

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Deposit and Withdrawal: comparison of FXCM, NPB Markets
BrokerFXCMNPB Markets
Rating
4.5/5
4.5/5
Account Funding Methods
  • Skrill
  • Neteller
  • PayPal
  • Swift
  • Visa
  • Mastercard
  • Discover
  • UnionPay
  • WebMoney
  • Skrill
  • Neteller
  • Volet
  • Swift
  • SEPA
  • Visa
  • Mastercard

FXCM

FXCM offers a wide range of methods for depositing and withdrawing funds, including cryptocurrencies.

Pros

  1. Variety of deposit methods.
  2. Fast processing of withdrawal requests.
  3. No broker commissions for depositing.

Cons

  1. Commission for withdrawals via bank transfer.

NPB Markets

The broker offers a wide selection of deposit and withdrawal methods, with no commission on deposits and commission compensation on the first withdrawal.

Pros

  1. Multiple deposit/withdrawal methods.
  2. No deposit fee.
  3. Commission compensation on the first withdrawal.

Cons

  1. Withdrawal processing time can be long.
  2. High commission of payment systems on withdrawal

Markets and Products

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Markets and Products: comparison of FXCM, NPB Markets
BrokerFXCMNPB Markets
Markets and Products
4.5/5
4/5
Forex4138
Precious Metals32
Energy Carriers73
Soft Commodities4-
Indices1511
Stocks351262
ETF2802
Cryptocurrency235

FXCM

FXCM provides a wide range of trading instruments, making it attractive for various categories of traders. Different markets, from Forex to stocks and cryptocurrencies, are available.

Pros

  1. Good selection of markets and instruments.

Cons

  1. Some competitors have even more CFDs.

NPB Markets

NPB Markets offers a sufficiently broad range of trading instruments, including Forex, CFDs on metals, energy carriers, indices, stocks, ETFs, and cryptocurrencies. However, some brokers may offer an even greater number of instruments and markets.

Trading Platforms

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Trading Platforms: comparison of FXCM, NPB Markets
BrokerFXCMNPB Markets
Rating
5/5
4/5
Trading Platforms
  • MetaTrader 4
  • Trading Station
  • TradingView
  • MetaTrader 4

FXCM

FXCM offers a wide choice of trading platforms with high functionality, meeting the needs of different traders.

Pros

  1. Wide choice of platforms for different trading styles.
  2. Advanced analytical tools in Trading Station.
  3. Support for algorithmic and social trading through Capitalise AI and ZuluTrade.

NPB Markets

NPB Markets platforms provide functionality and convenience for different categories of traders.

Pros

  1. Use of the popular MetaTrader 4 platform.
  2. NPB Invest trade copying service.

Cons

  1. Lack of alternatives to MT4

Analytics

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Analytics: comparison of FXCM, NPB Markets
BrokerFXCMNPB Markets
Rating
5/5
5/5

FXCM

FXCM offers comprehensive analytical tools, from trading signals to expert research. These resources not only simplify trading decisions but also help to improve strategy.

Pros

  1. Wide range of analytical tools.
  2. Professional signals and market analysis.
  3. Personalized trading applications.

Cons

  1. Some tools may require a subscription or active account.
  2. Lack of analytics localization in different languages.

NPB Markets

NPB Markets offers an extensive set of analytical tools, including news updates, signals based on technical analysis, and even direct chat with analysts.

Education

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Education: comparison of FXCM, NPB Markets
BrokerFXCMNPB Markets
Rating
4/5
4/5

FXCM

The broker offers quality webinars and helpful guides that make the learning process informative and interactive.

Pros

  1. Webinars with experts for direct interaction.
  2. Detailed Forex guides.
  3. Materials suitable for traders of all levels.

Cons

  1. Lack of video courses.
  2. No podcasts for audio learning.

NPB Markets

The broker offers a wide range of educational opportunities, including e-books, video courses, and strategies provided by leading training centers.

Customer Support

FXCM

FXCM's technical support is highly rated for its variety of communication channels and quick response. Customer reviews confirm the professionalism and efficiency of the staff.

Pros

  1. Multiple channels of communication, including WhatsApp and live chat.
  2. Available 24/5.
  3. High degree of customer satisfaction.

Cons

  1. There may be telephone charges for international calls.

NPB Markets

Numerous communication channels are available, including online consultant, personal manager, email, and phone. The customer support schedule is also quite extensive, providing support at almost any time.

Comparisons of FXCM and NPB Markets with other brokers

Conclusion

When choosing between FXCM and NPB Markets, match their platforms, markets, account types and funding terms to your needs.

Before opening an account, verify fees, regulation, support and service availability for your country in the sections above.

FAQ

Which broker is better: FXCM or NPB Markets?

FXCM ranks higher than NPB Markets in our editorial ranking. That does not make it a universal choice: compare fees, markets, platforms, account types and support.

Which broker is better for beginners: FXCM or NPB Markets?

Beginners should compare availability in their country, account types, minimum deposit, trading platforms and customer support.

Who has lower typical trading costs (spreads/commissions) — FXCM or NPB Markets?

It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.

What trading platforms are available with FXCM and NPB Markets?

FXCM: MetaTrader 4, Trading Station, TradingView. NPB Markets: MetaTrader 4. See the “Platforms” section for details and selection tips.

What markets can you trade with FXCM and NPB Markets?

FXCM: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Cryptocurrency. NPB Markets: Forex, Precious Metals, Energy Carriers, Indices, Stocks, ETF, Cryptocurrency. Full lists and differences are in the “Markets” section.

What account types are offered by FXCM and NPB Markets?

FXCM: Standard. NPB Markets: Master, Zero, Expert, VIP, Standard Cent. See “Account Types” for a side-by-side comparison.

What deposit and withdrawal methods are supported by FXCM and NPB Markets?

FXCM: Skrill, Neteller, PayPal, Swift, Visa, Mastercard, Discover, UnionPay. NPB Markets: WebMoney, Skrill, Neteller, Volet, Swift, SEPA, Visa, Mastercard. Check method-specific fees/settlement times.

Which broker is safer — FXCM or NPB Markets — and how was this assessed?

We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.