Broker to Trading

Both offer MT4. In most regions FXTM additionally provides MT5. Each allows automated trading. FXTM additionally provides a Micro (cent) account with low minimum trade sizes.

FXCC and FXTM are regulated by the CySEC in Cyprus. FXTM is additionally regulated by the FCA in the United Kingdom and the FSC in Mauritius and is licensed by the FSB in South Africa.

Quick comparison

Both offers MT4. FXTM additionally provides MT5 and has a Cent type account.

Minimum deposit and account types

The minimum deposit for FXCC is $100. The minimum deposit for FXTM is $10 ($50 in the EEA).

• FXCC provides three account types. These are the ECN Standard account, the ECN XL account and the ECN Advanced account. FXCC's ECN XL account has a minimum deposit of $100, the ECN Standard account has a minimum deposit of $10,000 and the ECN Advanced account has a minimum deposit of $100,000. In some regions, there is only the ECN XL account, and it has no minimum deposit.
• All FXCC account types provide the MT4 platform, ECN/STP order execution, mobile trading, free technical analysis, SMS notifications, VPS, Economic Calendar and Trading Tools, allow Expert Advisors, scalping and hedging and provide a personal account manager. The ECN XL account additionally can offer zero commissions (T&Cs apply) and zero mark-up. The ECN Advanced account provides more markets to trade than the other account types (200+ vs 30). In some regions, FXCC can offer 90+ markets on the ECN XL account, with no minimum deposit. All trading styles are allowed at FXCC and a news feed and analysis is available on the website.
• FXTM offers three account types: Micro, Advantage and Advantage Plus. The minimum deposit for the Micro account is $10 (for MT4 only). The minimum deposit for the Advantage and Advantage Plus account is $500. The Micro account is a Cent type account with low minimum trade sizes. The Advantage account offers spreads from 0 plus a commission charge. The Micro and the Advantage Plus accounts offer spreads from 1.5 without a commission charge. FXTM provides Market Analysis Videos and Podcasts, a Forex News Timeline, Education, Market Outlook and an Economic Calendar. Copy trading is provided via FXTM Invest. The minimum trade size is 0.0001 lots.

Markets

• FXCC offers Forex, Metals, Energy, Indices, Stocks and Cryptocurrencies, with 90+ available.
• FXTM offers Forex, Metals, Energy, Indices and Stocks, with 1000+ available.

Spreads and leverage

FXCC and FXTM can offer low spreads without a commission charge and with a commission charge. FXTM can additionally provide Forex spreads from 1.5 without a commission charge.

Maximum leverage for FXCC is . Maximum leverage for FXTM (FCA or CySEC regulated) is .

Commissions

• FXCC's ECN XL account does not charge commissions.
• FXCC's ECN Standard account charges commissions of 0.75 pips per lot per side for Forex and $7.5 per lot per side for Metals.
• FXCC's ECN Advanced account charges commissions of 0.4 pips per lot per side for Forex and $4 per lot per side for Metals, Energy and Indices.
• FXTM charges a commission starting at $2 per lot per side, depending on the equity in the account and the volume traded. The commission is charged for the ECN account.

Online trading platforms

Both brokers provide MT4, available for desktop, tablet and mobile. FXTM additionally provides MT5, also available for desktop, tablet and mobile.

Why FXCC or FXTM ?

Traders who want to trade on MT4 may do so at both. Traders who want to trade on MT5 (the successor to MT4) can do this at FXTM. Traders who want to trade using robots may do so at both. Traders who want to trade on and MT4 Cent account with a low minimum trade size can do so on FXTM's Micro account.

Comparison summary

• Both brokers offer CFD trading
• Each provides MT4
• FXTM additionally offers MT5
• Both brokers allow Expert Advisors
• FXTM additionally offers a Cent type account
• FXCC provides an account (ECN XL) which can offer no commission charge or mark-up