FXCM
Nexo
VS
Higher Rated
FXCM
Capital at risk · T&Cs apply
Choosing between FXCM and Nexo depends on your trading style, preferred markets, and budget. FXCM is headquartered in London, UK. FXCM has the longer track record, established in 1999, compared to Nexo which was founded in 2018. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
FXCM
Nexo
FXCM is the better choice overall, scoring 3.7/5 vs 3.2/5 on BrokerRank's independent rating. On fees, Nexo offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
FXCM
3.7 vs 3.2
Lowest Fees
Nexo
0.2 vs 0 pips
Regulation
FXCM
2 vs 1 licences
Min. Deposit
Nexo
$50 vs $0
FXCM
WinnerNexo
FXCM
Nexo
FXCM holds licences from FCA, ASIC. Nexo is regulated by FCA.
FXCM additionally covers Forex, Cfd, Indices, Commodities. Nexo adds Crypto.
On spreads, Nexo is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.2 pips at FXCM.
FXCM supports MT4, Proprietary Web, Proprietary Mobile. Nexo offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
FXCM requires a minimum deposit of $50, while Nexo sets no minimum deposit. This makes Nexo accessible to traders with any budget.
BrokerRank scores FXCM at 3.66/5 and Nexo at 3.18/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. FXCM leads overall with a clear advantage.
FXCM scores higher overall on our independent rating system. FXCM holds a 3.7/5 rating vs Nexo's 3.2/5. 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 Nexo starts at 0 pips. Check the fees section above for a full breakdown.
FXCM requires a minimum deposit of $50. Nexo requires $0.
FXCM is regulated by FCA, ASIC, while Nexo holds licences from FCA.
FXCM supports MT4, Proprietary Web, Proprietary Mobile. Nexo 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.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.