FXCM
tastytrade
VS
Higher Rated
FXCM
Capital at risk · T&Cs apply
In the competitive landscape of online trading, FXCM and tastytrade cater to distinct types of traders with their unique offerings. FXCM, headquartered in London and regulated by the FCA, appeals primarily to forex and CFD traders seeking low spreads and robust platform options like MT4 and its proprietary Trading Station. In contrast, tastytrade, based in Chicago, is a favoured choice for US-based options traders, providing a zero-commission structure on stocks and ETFs, and a platform renowned for its options trading capabilities. While FXCM offers a broader range of leverage and global reach, tastytrade excels in options education and cost-effective trading for seasoned investors.
FXCM
tastytrade
| FXCM | tastytrade | |
|---|---|---|
| BrokerRank Score | 3.7/5 ✓ | 3.6/5 |
| Min. Deposit | $50 | $0 ✓ |
| Spread from | 0.2 pips | 0 pips ✓ |
| Max Leverage | 1:400 ✓ | 1:2 |
| Regulation | FCA, ASIC | SEC, CFTC |
| Platforms | MT4, Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
FXCM is the better choice overall, scoring 3.7/5 vs 3.6/5 on BrokerRank's independent rating. On fees, tastytrade offers lower spreads (0 pips).
See full side-by-side comparison belowFXCM
tastytrade
WinnerFXCM
tastytrade
Lower fees
FXCM
3.7/5
Choose FXCM if you want…
tastytrade
3.6/5
Choose tastytrade if you want…
FXCM scores higher overall on our independent rating system. FXCM holds a 3.7/5 rating vs tastytrade's 3.6/5. 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 tastytrade starts at 0 pips. Check the fees section above for a full breakdown.
FXCM requires a minimum deposit of $50. tastytrade requires $0.
FXCM is regulated by FCA, ASIC, while tastytrade holds licences from SEC, CFTC.
FXCM supports MT4, Proprietary Web, Proprietary Mobile. tastytrade 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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76% of Brokers Use Proprietary Platforms
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.