FXCM vs FxPro
Choosing between FXCM and FxPro is a common decision for forex traders in Africa. In our analysis, FxPro scores 87/100 on our Hub Score compared to FXCM's 82/100. For traders with limited starting capital, FXCM has a lower entry point at $50. Below is a detailed, data-driven comparison across fees, regulation, platforms, and more to help you decide which broker fits your trading style.
Quick Verdict
Based on our Hub Score analysis, FxPro scores higher overall with 87/100. However, the best broker depends on your priorities — compare the detailed breakdown below to find the right fit for your trading style.
FXCM
FxPro
| Feature | FXCM | FxPro |
|---|---|---|
| Hub Score | 82/100 | 87/100 |
| Min. Deposit | $50 | $100 |
| Spreads | From 0.2 pips | From 0.0 pips |
| Max Leverage | 1:400 | 1:500 |
| Regulation | FCA, CySEC, ASIC, FSCA | CySEC, FCA, DFSA, FSCA, SCB, FSC Mauritius |
| Platforms | Trading Station, MetaTrader 4, TradingView, ZuluTrade | MetaTrader 4, MetaTrader 5, cTrader, FxPro Edge |
| Account Types | Standard, Active Trader | Standard, Raw+, Elite |
| Trading Instruments | Forex, Indices, Commodities, Crypto | Forex, Indices, Commodities, Shares, ETFs, Crypto |
| Founded | 1999 | 2006 |
| Headquarters | London UK | Limassol, Cyprus |
Pros
- Tight spreads from 0.2 pips
- 25+ years industry experience
- Institutional-grade technology
- Multiple platform options
- Advanced trading tools
Cons
- Higher minimum deposit $50
- Limited to 300 instruments
- Complex for beginners
- No proprietary mobile app
Pros
- Superior NDD execution with no dealer intervention
- Full suite of platforms including cTrader and MT5
- FxPro Wallet for segregated capital risk management
- Tier-1 liquidity with ultra-fast order filling
- No internal fees on deposits or withdrawals
Cons
- Higher minimum deposit $100
- Limited crypto offerings
- No proprietary trading tools
- Spreads not the tightest available
Which broker has lower spreads, FXCM or FxPro?
FXCM offers spreads from From 0.2 pips, while FxPro offers spreads from From 0.0 pips. Check each broker's specific account type for exact spread conditions.
What is the minimum deposit for FXCM vs FxPro?
FXCM requires a minimum deposit of $50, while FxPro requires $100.
Is FXCM or FxPro better regulated?
FXCM is regulated by FCA, CySEC, ASIC, FSCA, while FxPro is regulated by CySEC, FCA, DFSA, FSCA, SCB, FSC Mauritius. Always verify regulation status directly with the relevant authority.
Which is better for beginners, FXCM or FxPro?
FXCM may be better suited for experienced traders. FxPro is also beginner-friendly. Consider factors like minimum deposit, educational resources, and platform ease of use.
Disclaimer: This comparison is based on publicly available information and our independent analysis. Broker offerings, fees, and regulatory status can change at any time. Always verify current conditions directly with the broker before opening an account. Trading forex involves significant risk of loss and is not suitable for all investors.