FXTM vs FOREX.com Broker Comparison

Are you trying to figure out which is a better broker, FXTM or FOREX.com? After rigorously testing both brokers and putting each through our accurate and extensive reviewing process, we have concluded that FXTM is the better of the two. FXTM offers 250+ instruments, licenses from FCA, CySec, FSCA, FSC, and fair trading fees.

In the tables below, you can compare the features of FXTM and FOREX.com side by side, to work out which suits your trading needs best. You can also carry on reading to find out why our experts ranked FXTM higher than FOREX.com.

Rating
96.5/100
95.5/100
Min. Deposit
10$
100$
Regulated By
FCAFCA
CySecCySec
FSCAFSCA
FSCFSC
FCAFCA
ASICASIC
CIMACIMA
IIROCIIROC
Bonus
Cashback (T&Cs apply) - 30% Welcome Bonus (T&Cs Apply)
Check Website
Min. Spread
1.2
0.8
Max. Leverage
1:2000
1:400
Currency Pairs
59
91
Trading Instruments
250+
4,500+
Trading Platforms
MT4, MT5, mobile
MT4, MT5, mobile
Deposit Methods
Bank transfer, Visa, MasterCard, Skrill, Neteller, FasaPay and more
Bank transfer, Visa, MasterCard, PayPal and more
Type of Brokers
Market Maker/ECN
Market Maker/DMA
Customer Support
N/A
24/5
Language Support
17
1
Established
2013
2001
Used By
1,800,000 Traders
100,000+ Traders

Does FXTM or FOREX.com have lower trading costs and fees?

To compare the costs of trading at different brokers, our experts analyze both trading-specific fees, such as spreads, and non-trading fees, such as inactivity charges and payment costs.

To give an overall view of how cheap or expensive FXTM and FOREX.com are, we first considered the common fees on Standard Accounts. At FXTM the average spread for the EUR/USD currency pair is 1.2 pips, whilst at FOREX.com the spread is 0.8.

This shows that FOREX.com is the better option for low-cost forex trading.

When it comes to non-trading fees, FXTM charges for inactivity, withdrawal. FOREX.com charges for inactivity, withdrawal. With this in mind, both brokers offer similar non-trading fees.

When our experts analyzed the specific costs of both brokers, we found that is the better option.

Trading Fees*

*Based on Standard account type.

Non-Trading Fees

Which broker is safer, FXTM or FOREX.com?

In order to decide how safe our top-rated brokers are, our experts look at a number of factors. This includes what licenses the broker holds and how reputable those licenses are. We also consider the history of the broker, as a long-standing broker is often more reliable and trustworthy than a newer one.

FXTM is regulated by FCA, CySec, FSCA, FSC and offers client protection. FOREX.com is regulated by FCA, ASIC, CIMA, IIROC and offers client protection.

Considering these two factors, and the general reputation and history of both brokers, we believe that FOREX.com is the safer broker.

Broker summary

How many trading instruments are available at FXTM and FOREX.com?

FXTM provides traders with 250+ instruments. This includes 59 currency pairs, 4 cryptocurrencies, and 170 stocks and shares. With FXTM, you can also trade CFDs.

In comparison, FOREX.com boasts 4,500+ tradable instruments. FOREX.com offers 91 currency pairs, 8 cryptocurrencies, and 4,500 stocks and shares. FOREX.com also allows CFD trading.

As both brokers offer the same total number of instruments, both are great choice if you are wishing to diversify your trading portfolio.

Markets and Products

Which broker offers the best trading platform, FXTM or FOREX.com?

When our experts review a broker, they open their own accounts and place trades via the broker’s trading platform. This allows them to fully evaluate the quality of the platform, how easy it is to use and what features it offers.

FXTM provides you with the ability to trade via 3 trading platforms, and FOREX.com has 3 trading platforms, too. Both brokers also offer research and trading tools, however FOREX.com has more.

Overall, our experts agree that FXTM boasts the better trading platform offering.

Research Tools

Which is better for beginners, FXTM or FOREX.com?

To decide how well-suited a broker is for beginner traders, our experts look at what educational materials are available, how accessible the minimum deposit limits are, the range of account types and whether or not you can practice trading with a demo account first.

Considering this, our reviews show that FOREX.com is the better broker for beginner traders as it offers a larger range of educational tools and materials. FOREX.com also has a minimum deposit of $.

Educational Features

Which broker is better overall?

Overall, our tested reviewing methodology proves that FXTM is the better broker in a range of key areas. You can learn more by reading our FXTM and FOREX.com reviews.

FXTM vs FOREX.com
FXTM
96.5
Points
FOREX.com
95.5
Points
Overall
1 points
FXTM
94
Points
FOREX.com
94
Points
Commissions & Fees
FXTM
92
Points
FOREX.com
99
Points
Licensing & Safety
7 points
FXTM
88
Points
FOREX.com
98
Points
Trading Platforms & Tools
10 points
FXTM
99
Points
FOREX.com
92
Points
Payments
7 points
FXTM
97
Points
FOREX.com
93
Points
Customer Service
4 points
FXTM
91
Points
FOREX.com
97
Points
Educational
6 points
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