Higher Rated
FXCM
Capital at risk · T&Cs apply
When comparing FXCM and MEXC, traders will find distinct differences in their offerings and regulatory environments. FXCM, with a rating of 3.66/5, is a well-established broker based in London and appeals to forex and CFD traders who value low spreads and robust educational resources. In contrast, MEXC, rated 3/5, caters primarily to cryptocurrency enthusiasts interested in a wide range of altcoins and high-leverage futures. While FXCM is regulated by reputable authorities like the FCA and ASIC, MEXC operates under the FSA in Seychelles, offering a different level of regulatory assurance.
FXCM
MEXC
| FXCM | MEXC | |
|---|---|---|
| BrokerRank Score | 3.7/5 ✓ | 3.0/5 |
| Min. Deposit | $50 | $0 ✓ |
| Spread from | 0.2 pips | 0 pips ✓ |
| Max Leverage | 1:400 ✓ | 1:200 |
| Regulation | FCA, ASIC ✓ | FSA |
| Platforms | MT4, Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
FXCM is the better choice overall, scoring 3.7/5 vs 3.0/5 on BrokerRank's independent rating. On fees, MEXC offers lower spreads (0 pips).
See full side-by-side comparison belowFXCM
MEXC
FXCM
MEXC
Lower feesFXCM
3.7/5
Choose FXCM if you want…
MEXC
3.0/5
Choose MEXC if you want…
FXCM scores higher overall on our independent rating system. FXCM holds a 3.7/5 rating vs MEXC's 3.0/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
FXCM offers spreads from 0.2 pips, while MEXC starts at 0 pips. Check the fees section above for a full breakdown.
FXCM requires a minimum deposit of $50. MEXC requires $0.
FXCM is regulated by FCA, ASIC, while MEXC holds licences from FSA.
FXCM supports MT4, Proprietary Web, Proprietary Mobile. MEXC supports Proprietary Web, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across 345 brokers
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
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.