FXCM vs XTB Comparison: Which Is Better for Traders?
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 XTB?
Our pick: FXCM
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - FXCM looks preferable to XTB.
FXCM scored 4.3/5 and ranks 27 in our all Forex brokers list, whereas XTB has 3.7/5 and ranks 55.
This is not financial advice. See the full comparison below.
Who is FXCM suitable for?
FXCM is suitable for traders of all levels. Beginners will find educational materials and helpful analytics, while experienced traders will appreciate various instruments and flexible platforms.
Who is XTB suitable for?
XTB suits experienced traders looking for a reliable broker with a wide selection of instruments and high-quality analytics.
Comparison Table of FXCM and XTB
| Broker | FXCM | XTB |
|---|---|---|
| Rating | 4.3/5 | 3.7/5 |
| Foundation Year | 1999 | 2001 |
| Regulated in Countries | United Kingdom, Australia, Cyprus, South Africa, Canada, Israel, Saint Vincent and the Grenadines | Belize, Poland, United Kingdom, Spain, United Arab Emirates, Germany |
| Minimum Deposit |
|
|
| Spread | from 0 points | from 0.5 points |
| Max Leverage | 1:1000 | 1:500 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
|
| Review | FXCM Review | XTB Review |
FXCM Review
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
- Diverse methods for deposit and withdrawal.
- Wide range of markets and products for trading.
- A broad spectrum of trading platforms.
- Extensive and quality materials for making informed decisions.
- Quick and efficient help in solving emerging issues.
Cons
- Insufficient variety of trading accounts.
- Inactivity fees and commissions for bank transfer withdrawals.
- Protracted account opening and verification process.
FXCM is in the top 10 of the following ratings:
XTB Review
XTB is a highly regulated broker with licenses from leading bodies such as the FCA, reinforcing its reliability and transparency. This broker offers a wide range of trading products, including currencies, indices, commodities, stocks, and cryptocurrencies, making it a flexible choice for traders of different levels and interests. Various deposit options and advanced analytical support further enhance its appeal against competitors.
XTB suits traders who value regulation and security, those looking for various trading tools, and those who want access to extensive analytical resources. The broker will especially suit active traders who maximize low spreads and product diversity.
Pros and Cons of XTB
Pros
- Regulated by several leading financial authorities.
- Variety of methods to deposit funds.
- Wide range of trading assets.
- Extensive analytical tools and resources.
Cons
- Withdrawal and account inactivity fees.
- Withdrawal methods are limited.
- Limited number of trading account types.
- Lack of educational materials.
Reliability
| Broker | FXCM | XTB |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 1999 | 2001 |
| Regulated in Countries | United Kingdom, Australia, Cyprus, South Africa, Canada, Israel, Saint Vincent and the Grenadines | Belize, Poland, United Kingdom, Spain, United Arab Emirates, Germany |
| Regulators | FCA FCA ASIC ASIC CySEC CySEC FSCA FSCA CIRO CIRO ISA ISA SVGFSA SVGFSA | BFSC BFSC KNF KNF AMF AMF ACPR ACPR FCA FCA CNMV CNMV DFSA DFSA BaFin BaFin |
FXCM
FXCM is a well-regulated broker with numerous licenses from various global organizations.
XTB
XTB is quite reliable, considering regulation in several authoritative jurisdictions.
Account Opening
| Broker | FXCM | XTB |
|---|---|---|
| Account Opening | 4/5 | 4.5/5 |
| Minimum Deposit |
|
|
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
- Clear and structured registration form.
Cons
- Verification waiting time can take up to 3 days.
XTB
The account opening process at XTB is simple and clear, but takes some time.
Pros
- Easy registration and data verification.
- Flexibility regarding the minimum deposit.
- Adherence to KYC and AML standards.
Cons
- Verification can take time.
- Need to provide a large volume of personal data.
Account Types
| Broker | FXCM | XTB |
|---|---|---|
| Account Types | 4/5 | 2/5 |
| Trading Accounts |
|
|
| Minimum Deposit |
|
|
| Spread | from 0 points | from 0.5 points |
| Max Leverage | 1:1000 | 1:500 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
|
| 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
- Mini account available - akin to a cent account.
- Option for copy trading through ZuluTrade.
- Demo and Islamic accounts available.
Cons
- Limited selection of account types.
- No account with fixed spreads.
XTB
XTB offers basic accounts, but does not provide full variability, which may not satisfy all traders' needs.
Pros
- Swap-free account for Muslim traders.
- No restrictions on demo accounts
Cons
- Lack of cent accounts and fixed spread accounts.
- No market execution of orders.
- No investment accounts (PAMM, copy trading).
Commissions
| Broker | FXCM | XTB |
|---|---|---|
| Commissions | 3.2/5 | 2.5/5 |
| Spread | from 0 points | from 0.5 points |
| Average Spread (EURUSD) | 1.2 | 1.4 |
| Commission per Lot |
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
- Competitive spreads and swaps.
- Rebate program for active traders.
Cons
- Inactivity fee.
- Fee for withdrawals via bank transfer.
XTB
XTB offers an average level of commissions.
Pros
- Cashback system helps to offset some of the commissions.
Cons
- High commission for withdrawals less than $50.
- Fee for account inactivity.
Deposit and Withdrawal
| Broker | FXCM | XTB |
|---|---|---|
| Rating | 4.5/5 | 4/5 |
| Account Funding Methods |
|
|
FXCM
FXCM offers a wide range of methods for depositing and withdrawing funds, including cryptocurrencies.
Pros
- Variety of deposit methods.
- Fast processing of withdrawal requests.
- No broker commissions for depositing.
Cons
- Commission for withdrawals via bank transfer.
XTB
XTB provides convenient methods for depositing funds without a commission, but has limited withdrawal options.
Pros
- Wide selection of deposit methods.
- No commission for depositing funds.
- No commission for withdrawals over $50.
Cons
- The only available withdrawal method is bank transfer.
- Commission of $30 for withdrawals less than $50.
Markets and Products
| Broker | FXCM | XTB |
|---|---|---|
| Markets and Products | 4.5/5 | 5/5 |
| Forex | 41 | 57 |
| Precious Metals | 3 | 9 |
| Energy Carriers | 7 | 5 |
| Soft Commodities | 4 | 10 |
| Indices | 15 | 35 |
| Stocks | 3512 | 1997 |
| ETF | 280 | 177 |
| Cryptocurrency | 23 | 41 |
| Bonds | - | 3 |
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
- Good selection of markets and instruments.
Cons
- Some competitors have even more CFDs.
XTB
XTB offers an extensive range of markets and products for trading, including currency pairs, indices, commodities, stocks, ETFs, and cryptocurrencies.
Trading Platforms
| Broker | FXCM | XTB |
|---|---|---|
| Rating | 5/5 | 3.5/5 |
| Trading Platforms |
|
|
FXCM
FXCM offers a wide choice of trading platforms with high functionality, meeting the needs of different traders.
Pros
- Wide choice of platforms for different trading styles.
- Advanced analytical tools in Trading Station.
- Support for algorithmic and social trading through Capitalise AI and ZuluTrade.
XTB
XTB offers its functional and user-friendly trading platform xStation 5, well-suited for market analysis.
Pros
- A multitude of analytical tools.
- Customizable terminal interface.
- Android mobile app available.
Cons
- Lack of choice between different trading platforms.
- No platform version for iOS devices.
- No desktop version of the platform.
Analytics
| Broker | FXCM | XTB |
|---|---|---|
| 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
- Wide range of analytical tools.
- Professional signals and market analysis.
- Personalized trading applications.
Cons
- Some tools may require a subscription or active account.
- Lack of analytics localization in different languages.
XTB
XTB offers superior analytics with a rich set of tools available to all users, making them one of the leaders in this area.
Pros
- In-depth analytics, including forecasts from experts and news.
- A wide range of analysis tools, including an economic calendar and trading schedules.
- Analytics available to all users, not only company clients.
Education
| Broker | FXCM | XTB |
|---|---|---|
| Rating | 4/5 | 2/5 |
FXCM
The broker offers quality webinars and helpful guides that make the learning process informative and interactive.
Pros
- Webinars with experts for direct interaction.
- Detailed Forex guides.
- Materials suitable for traders of all levels.
Cons
- Lack of video courses.
- No podcasts for audio learning.
XTB
XTB's educational materials are very limited.
Pros
- Basic trading information is provided.
Cons
- Lack of webinars and detailed video tutorials.
- Not suitable for beginners seeking comprehensive education.
Customer Support
| Broker | FXCM | XTB |
|---|---|---|
| Rating | 5/5 | 4/5 |
| Email Support |
|
|
| Hotline Phones |
|
|
| Social Media | — |
Whatsapp
YouTube
TwitterFXCM
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
- Multiple channels of communication, including WhatsApp and live chat.
- Available 24/5.
- High degree of customer satisfaction.
Cons
- There may be telephone charges for international calls.
XTB
XTB's technical support is generally good, available 24/5, but the absence of a constantly operating online chat is a drawback.
Pros
- Operates 24/5.
- Contact options include phone and email.
- Responses to inquiries are received within a reasonable timeframe.
Cons
- Online chat not always available.
- Only international phone number available for contact.
- Lack of messaging channels for communication.
Comparisons of FXCM and XTB with other brokers
Conclusion
FXCM stands out as the better overall pick, while XTB trails on aggregate criteria.
FXCM scored 4.3/5 and ranks 27 in our rating; XTB has 3.7/5 and ranks 55.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: FXCM or XTB?
FXCM comes out ahead by overall rank (score 4.3/5, position 27) versus XTB (score 3.7/5, position 55).
Which broker is better for beginners: FXCM or XTB?
FXCM is often a smoother start thanks to simpler onboarding and stronger baseline metrics. Still, your tools and budget should drive the final choice.
Who has lower typical trading costs (spreads/commissions) — FXCM or XTB?
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 XTB?
FXCM: MetaTrader 4, Trading Station, TradingView. XTB: xStation. See the “Platforms” section for details and selection tips.
What markets can you trade with FXCM and XTB?
FXCM: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Cryptocurrency. XTB: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Bonds, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by FXCM and XTB?
FXCM: Standard. XTB: Standard, Swap Free. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by FXCM and XTB?
FXCM: Skrill, Neteller, PayPal, Swift, Visa, Mastercard, Discover, UnionPay. XTB: Neteller, Skrill, PaySafeCard, Bank Transfer, Visa, Mastercard, Maestro. Check method-specific fees/settlement times.
Which broker is safer — FXCM or XTB — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
