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Side-by-Side Comparison Independent Updated Oct 19, 2026

FXCM vs ForTrade 2026: Which Broker is Better?

Compare FXCM and ForTrade side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.

FXCM

ForTrade

VS
FXCMForTrade
BrokerRank Score3.7/54.3/5 ✓
Min. Deposit$50$100 ✓
Spread from0.2 pips ✓1 pips
Max Leverage1:4001:500 ✓
RegulationFCA, ASICFCA, ASIC, CySEC ✓
PlatformsMT4, Proprietary Web, Proprietary MobileProprietary Web, Proprietary Mobile, MT4
Quick VerdictBrokerRank recommends
Best for Beginners
ForTradeFXCM
Best for Low Fees
FXCMForTrade
Best for Regulation
ForTradeFXCM
Best Overall
ForTradeFXCM
Quick Answer

ForTrade is the better choice overall, scoring 4.3/5 vs 3.7/5 on BrokerRank's independent rating. On fees, FXCM offers lower spreads (0.2 pips).

See full side-by-side comparison below

FXCM vs ForTrade: Key Differences

Feature

FXCM

ForTrade

Our Rating
3.7 / 5
4.3 / 5
Min. Deposit
$50
$100
Max Leverage
Spread From
0.2 pips
1 pips
Commission
None
None
Regulated By
FCAASICCySECCIRODFSAFSC
Platforms
MT4, Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile, MT4
Markets
Forex, Cfd, Indices, Commodities
Forex, Cfd, Indices, Commodities, Stocks, Crypto
Founded
1999
2013
Headquarters
London, UK
London, UK
Score
2 / 4
2 / 4

Fees Comparison

Fee

FXCM

Lower fees

ForTrade

Spread From
0.2 pips
1 pips
Commission
None
None
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

FXCM scores 3.66/5 while ForTrade scores 4.25/5 in our independent rating.

ForTrade edges ahead overall, but FXCM may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.

Who Should Choose Which?

FXCM

FXCM

3.7/5

Choose FXCM if you want…

  • Tighter spreads (from 0.2 pips)
  • Lower minimum deposit ($50)
  • More established (est. 1999)
ForTrade

ForTrade

4.3/5

Top pick

Choose ForTrade if you want…

  • Higher overall rating (4.3/5)
  • Higher leverage (up to 1:500)
  • More regulatory licences (6)
  • More market types (6)

Also consider

View all rankings

We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.

#1FxPro logo
FxPro
4.1
FCA
Visit
#3Plus500 logo
Plus500
4.0
MAS
Visit

80% of retail CFD accounts lose money.

#4AvaTrade logo
AvaTrade
4.0
MAS
Visit

Both FXCM & ForTrade are available in

Frequently Asked Questions

1

Is FXCM better than ForTrade?

ForTrade scores higher overall on our independent rating system. FXCM holds a 3.7/5 rating vs ForTrade's 4.3/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, FXCM or ForTrade?

FXCM offers spreads from 0.2 pips, while ForTrade starts at 1 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for FXCM vs ForTrade?

FXCM requires a minimum deposit of $50. ForTrade requires $100.

4

Which broker is safer, FXCM or ForTrade?

FXCM is regulated by FCA, ASIC, while ForTrade holds licences from FCA, ASIC, CySEC, CIRO, DFSA, FSC.

5

What trading platforms do FXCM and ForTrade support?

FXCM supports MT4, Proprietary Web, Proprietary Mobile. ForTrade supports Proprietary Web, Proprietary Mobile, MT4.

6

Can I use both FXCM and ForTrade?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

Key Trading Terms

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BrokerRank Research

Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.

Higher Rated

ForTrade

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