Change instrument, lot size, and hold duration. Compare FXCM against all 100 brokers live.
FXCM is a forex and CFD broker founded in 1999, headquartered in London, UK. It is regulated by FCA (licence 217689), ASIC (licence 309763), FSCA (licence 46534), ISA (licence 515072165). The EUR/USD spread starts from 1.3 pips on a spread-only market-maker model — no separate commission, costs are built into the spread. The minimum deposit is $50. The broker offers 300+ tradable instruments. MetaTrader 4 and MetaTrader 5 are available. This page shows verified regulation data, a full trade cost breakdown, and how FXCM compares to 100 other brokers on real trading fees.
| Regulator | Licence number | Legal entity | Max leverage | Countries |
|---|---|---|---|---|
| FCA Tier 1 — Strict |
217689 |
FXCM Ltd | 30:1 | GB |
| ASIC Tier 1 — Strict |
309763 |
FXCM Australia Pty Ltd | 30:1 | AU, NZ |
| FSCA Tier 2 — Standard |
46534 |
FXCM South Africa Pty Ltd | 400:1 | ZA |
| ISA Tier 3 — Offshore |
515072165 |
FXCM Israel Ltd | 30:1 | IL |
| Hold duration | Spread cost | Commission | Swap (est.) | Total |
|---|---|---|---|---|
| Intraday (no overnight) | $13.00 | $0.00 | — | $13.00 |
| 1 night | $13.00 | $0.00 | $6.50 | $19.50 |
| 3 nights | $13.00 | $0.00 | $19.50 | $32.50 |
| 1 week | $13.00 | $0.00 | $45.50 | $58.50 |
| 1 month | $13.00 | $0.00 | $195.00 | $208.00 |
Swap rates are industry-typical estimates. Actual overnight rates vary per broker and change with interest rates. Commission is estimated from spread profile (Market Maker).
| Rank | Broker | Spread | Spread $ | Commission | Swap (est.) | Total |
|---|---|---|---|---|---|---|
| 1 | Pepperstone | 0 pips | $0.00 | $7.00 | $6.50 | $13.50 |
| 2 | IC Markets | 0 pips | $0.00 | $7.00 | $6.50 | $13.50 |
| 3 | FP Markets | 0 pips | $0.00 | $7.00 | $6.50 | $13.50 |
| 4 | Exness | 0 pips | $0.00 | $7.00 | $6.50 | $13.50 |
| 5 | Tickmill | 0 pips | $0.00 | $7.00 | $6.50 | $13.50 |
| 6 | Eightcap | 0 pips | $0.00 | $7.00 | $6.50 | $13.50 |
| 7 | RoboForex | 0 pips | $0.00 | $7.00 | $6.50 | $13.50 |
| 8 | LiteFinance | 0 pips | $0.00 | $7.00 | $6.50 | $13.50 |
| 87 | FXCM | 1.3 pips | $13.00 | $0.00 | $6.50 | $19.50 |
| MetaTrader | MT4 & MT5 available |
| Copy trading | No |
| Real stock ownership | No (CFD only) |
| Retail loss rate | 76% of retail accounts lose money |
| Inactivity fee | USD50/month after 12 months |
| Headquarters | London, UK |
| Founded | 1999 |
Data sourced from official regulator registers (FCA, ASIC, CySEC, MAS and others), verified 2026-09-15. Spread figures are typical/minimum and may differ on live accounts. Trade cost estimates use standard lot sizes and typical industry swap rates. This page does not constitute financial advice. Read full FXCM review →