Coinbase
FXCM
VS
Higher Rated
FXCM
Capital at risk · T&Cs apply
Coinbase and FXCM cater to distinctly different trading needs, making them appealing to different types of traders. Coinbase, with a rating of 3.36/5, is a leading choice for cryptocurrency enthusiasts, offering a user-friendly interface and availability in over 100 countries, though it charges higher fees on its basic platform. In contrast, FXCM, rated 3.66/5, attracts forex and CFD traders with its low spreads and extensive industry experience, although it is unavailable to US traders due to regulatory actions. Traders seeking a trusted crypto exchange may lean towards Coinbase, while those focused on forex with a need for advanced trading features might prefer FXCM.
Coinbase
FXCM
| Coinbase | FXCM | |
|---|---|---|
| BrokerRank Score | 3.4/5 | 3.7/5 ✓ |
| Min. Deposit | $0 ✓ | $50 |
| Spread from | 0.5 pips | 0.2 pips ✓ |
| Max Leverage | 1:1 | 1:400 ✓ |
| Regulation | FCA, SEC | FCA, ASIC |
| Platforms | Proprietary Web, Proprietary Mobile | MT4, Proprietary Web, Proprietary Mobile |
FXCM is the better choice overall, scoring 3.7/5 vs 3.4/5 on BrokerRank's independent rating. On fees, FXCM offers lower spreads (0.2 pips).
See full side-by-side comparison belowCoinbase
FXCM
WinnerCoinbase
FXCM
Lower fees
Coinbase
3.4/5
Choose Coinbase if you want…
FXCM
3.7/5
Choose FXCM if you want…
FXCM scores higher overall on our independent rating system. Coinbase holds a 3.4/5 rating vs FXCM's 3.7/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Coinbase offers spreads from 0.5 pips, while FXCM starts at 0.2 pips. Check the fees section above for a full breakdown.
Coinbase requires a minimum deposit of $0. FXCM requires $50.
Coinbase is regulated by FCA, SEC, while FXCM holds licences from FCA, ASIC.
Coinbase supports Proprietary Web, Proprietary Mobile. FXCM supports MT4, Proprietary Web, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.