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Side-by-Side Comparison Independent Updated Oct 2, 2026

FXCM vs InvestEngine 2026: Which Broker is Better?

In this broker comparison, we examine FXCM and InvestEngine, two distinct platforms catering to different types of traders. FXCM, with its 3.66/5 rating, is ideal for experienced forex and CFD traders seeking low spreads and advanced trading tools, thanks to its robust proprietary platforms and support for automated trading. In contrast, InvestEngine, rated 3.19/5, appeals to UK investors interested in commission-free ETF investing, offering managed portfolios and DIY options without any minimum deposit requirement. While FXCM provides a broad array of trading instruments, InvestEngine focuses on ETFs, making it a strong choice for passive, cost-conscious investors.

FXCM

InvestEngine

Higher ratedFXCM logo

FXCM

3.7/ 5
Visit FXCM →Full review
VS
FXCMInvestEngine
BrokerRank Score3.7/5 ✓3.2/5
Min. Deposit$50$0 ✓
Spread from0.2 pips0 pips ✓
Max Leverage1:400 ✓1:1
RegulationFCA, ASIC ✓FCA
PlatformsMT4, Proprietary Web, Proprietary MobileProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
InvestEngineFXCM
Best for Low Fees
InvestEngineFXCM
Best for Regulation
FXCMInvestEngine
Best Overall
FXCMInvestEngine
Quick Answer

FXCM is the better choice overall, scoring 3.7/5 vs 3.2/5 on BrokerRank's independent rating. On fees, InvestEngine offers lower spreads (0 pips).

See full side-by-side comparison below

FXCM vs InvestEngine: Key Differences

Feature

FXCM

InvestEngine

Our Rating
3.7 / 5
3.2 / 5
Min. Deposit
$50
$0
Max Leverage
Spread From
0.2 pips
0 pips
Commission
None
None
Regulated By
Platforms
MT4, Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile
Markets
Forex, Cfd, Indices, Commodities
Stocks
Founded
1999
2019
Headquarters
London, UK
London, UK
Score
2 / 4
2 / 4

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Fees Comparison

Fee

FXCM

InvestEngine

Lower fees
Spread From
0.2 pips
0 pips
Commission
None
None
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

For beginners, InvestEngine emerges as the better option due to its commission-free ETF investing, zero minimum deposit, and user-friendly managed portfolios, making it an ideal choice for novice investors seeking simplicity. Professional traders may prefer FXCM, given its extensive experience, advanced trading platforms, and support for automated trading, catering to more sophisticated strategies. In terms of fees, InvestEngine takes the lead with its zero commission on trades and very low ongoing charges, although it is limited to ETFs.

Who Should Choose Which?

FXCM

FXCM

3.7/5

Top pick

Choose FXCM if you want…

  • Higher overall rating (3.7/5)
  • Higher leverage (up to 1:400)
  • More regulatory licences (2)
  • More market types (4)
InvestEngine

InvestEngine

3.2/5

Choose InvestEngine if you want…

  • Tighter spreads (from 0 pips)
  • No minimum deposit

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.

#1ForTrade logo
ForTrade
4.3
FCA
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#2FxPro logo
FxPro
4.1
FCA
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#3Plus500 logo
Plus500
4.0
MAS
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80% of retail CFD accounts lose money.

#4AvaTrade logo
AvaTrade
4.0
MAS
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#6XM logo
XM
3.9
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Both FXCM & InvestEngine are available in

Frequently Asked Questions

1

Is FXCM better than InvestEngine?

FXCM scores higher overall on our independent rating system. FXCM holds a 3.7/5 rating vs InvestEngine's 3.2/5. 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 InvestEngine?

FXCM offers spreads from 0.2 pips, while InvestEngine starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for FXCM vs InvestEngine?

FXCM requires a minimum deposit of $50. InvestEngine requires $0.

4

Which broker is safer, FXCM or InvestEngine?

FXCM is regulated by FCA, ASIC, while InvestEngine holds licences from FCA.

5

What trading platforms do FXCM and InvestEngine support?

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

6

Can I use both FXCM and InvestEngine?

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

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