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FxOpen
Capital at risk · T&Cs apply
Choosing between FxOpen and FXCM depends on your trading style, preferred markets, and budget. FxOpen is headquartered in London, UK. FXCM has the longer track record, established in 1999, compared to FxOpen which was founded in 2005. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
FxOpen
FXCM
| FxOpen | FXCM | |
|---|---|---|
| BrokerRank Score | 3.7/5 | 3.7/5 |
| Min. Deposit | $1 ✓ | $50 |
| Spread from | 0 pips ✓ | 0.2 pips |
| Max Leverage | 1:500 ✓ | 1:400 |
| Regulation | FCA, ASIC | FCA, ASIC |
| Platforms | MT4, MT5, cTrader | MT4, Proprietary Web, Proprietary Mobile |
FxOpen (3.7/5) and FXCM (3.7/5) are closely matched. FxOpen has lower spreads; the better pick depends on your priorities.
See full side-by-side comparison belowFxOpen
WinnerFXCM
FxOpen
FXCM
FxOpen holds licences from FCA, ASIC. FXCM is regulated by FCA, ASIC.
Both brokers offer access to Forex, Cfd, Indices, Commodities markets. FxOpen additionally covers Crypto.
On spreads, FxOpen is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.2 pips at FXCM.
FxOpen supports MT4, MT5, cTrader. FXCM offers MT4, Proprietary Web, Proprietary Mobile. Both brokers are available on MT4.
FxOpen requires a minimum deposit of $1, while FXCM sets a minimum deposit of $50. Both are suitable for traders with moderate starting capital.
BrokerRank scores FxOpen at 3.66/5 and FXCM at 3.66/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. FxOpen leads overall with a marginal advantage.
FxOpen
3.7/5
Choose FxOpen if you want…
FXCM
3.7/5
Choose FXCM if you want…
FxOpen (3.7/5) and FXCM (3.7/5) are closely matched on our independent rating scale. The better choice depends on your priorities — fees, regulation, platforms, or available markets. See the full comparison above.
FxOpen offers spreads from 0 pips, while FXCM starts at 0.2 pips. Check the fees section above for a full breakdown.
FxOpen requires a minimum deposit of $1. FXCM requires $50.
FxOpen is regulated by FCA, ASIC, while FXCM holds licences from FCA, ASIC.
FxOpen supports MT4, MT5, cTrader. FXCM supports MT4, 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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BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.