Higher Rated
FXCM
Capital at risk · T&Cs apply
Choosing between FXCM and Weltrade depends on your trading style, preferred markets, and budget. FXCM is headquartered in London, UK, while Weltrade operates from Limassol, Cyprus. FXCM has the longer track record, established in 1999, compared to Weltrade which was founded in 2006. 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
Weltrade
FXCM is the better choice overall, scoring 3.7/5 vs 3.2/5 on BrokerRank's independent rating. On fees, Weltrade offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
FXCM
3.7 vs 3.2
Lowest Fees
Weltrade
0.2 vs 0 pips
Regulation
FXCM
2 vs 1 licences
Min. Deposit
Weltrade
$50 vs $25
FXCM
Weltrade
FXCM
Weltrade
Lower feesFXCM holds licences from FCA, ASIC. Weltrade is regulated by FSA.
Both brokers offer access to Forex, Cfd, Indices, Commodities markets. Weltrade adds Crypto.
On spreads, Weltrade 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. Weltrade offers MT4, MT5. Both brokers are available on MT4.
FXCM requires a minimum deposit of $50, while Weltrade sets a minimum deposit of $25. Both are suitable for traders with moderate starting capital.
BrokerRank scores FXCM at 3.66/5 and Weltrade 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 Weltrade'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 Weltrade starts at 0 pips. Check the fees section above for a full breakdown.
FXCM requires a minimum deposit of $50. Weltrade requires $25.
FXCM is regulated by FCA, ASIC, while Weltrade holds licences from FSA.
FXCM supports MT4, Proprietary Web, Proprietary Mobile. Weltrade supports MT4, MT5.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.