Two FCA-regulated brokers face off on regulation scope, pricing, and platform breadth. The tension centers on how instrument variety and inactivity policies shape trading costs.
ActivTrades edges FXCM on the overall editorial score (4.3 vs 4.1).
Find out which broker best suits your trader profile.
Choose ActivTrades if…
Choose ActivTrades if you want a zero-dollar minimum deposit and broad instrument access.
Choose FXCM if…
Choose FXCM if you value robust APIs and a mix of MT4 plus Trading Station.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
FXCM offers tighter spreads from 0.40 pips vs 0.50 pips for ActivTrades, reducing trading costs.
| Editorial score | 4.3/ 5 | 4.1/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.5 / 5▲ | 4.1 / 5 |
Pros
FCA regulated with supplemental insurance up to GBP 1,000,000 per client
ActivTrader's volatility protection feature is a genuine risk management differentiator
No minimum deposit
Strong southern European presence, Italian, Spanish, Portuguese support
Client funds held in segregated accounts
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | ActivTrades | FXCM |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Fail | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Fail |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Pass | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
The scores are close: ActivTrades rates 4.3/5 and FXCM rates 4.1/5. ActivTrades has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
FXCM starts from 0.4 pips, tighter than ActivTrades's 0.5 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
ActivTrades has no minimum deposit, while FXCM requires at least $50. This makes ActivTrades more accessible for traders with limited starting capital.
Both ActivTrades and FXCM hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: ActivTrades has no minimum deposit, removing the capital barrier entirely, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
ActivTrades lists maximum leverage of 400:1, while FXCM lists up to 400:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
ActivTrades supports MetaTrader 4, ActivTrader, while FXCM supports ZuluTrade, Proprietary Web/Mobile, MetaTrader 4, NinjaTrader. Both provide MetaTrader 4. ActivTrades has exclusive access to ActivTrader. FXCM has exclusive access to ZuluTrade and Proprietary Web/Mobile and NinjaTrader.
Best for safety & regulation: ActivTrades has FCA plus CMVM and SCB oversight.
ActivTrades offers a broader instrument range and no inactivity fee, aiding active traders.
FXCM is better suited for scalpers: tighter spreads from 0.40 pips.
Best for platform choice: FXCM offers MT4, NinjaTrader, and its proprietary Trading Station.
Best for beginners: ActivTrades allows a $0 minimum deposit.
Best for instrument variety: ActivTrades offers 1000 instruments.
Fees & Spreads 30% weight | 4.2 / 5 | 4.2 / 5 |
|---|
Platforms & Tools 20% weight | 4.3 / 5▲ | 4.2 / 5 |
|---|
Customer Support 10% weight | 4.3 / 5▲ | 4.0 / 5 |
|---|
| Founded | 2001 | 1999 |
|---|
| Headquarters | London, United Kingdom | London, United Kingdom |
|---|
| Min Deposit | No minimum▼ lower | $50 |
|---|
| Spreads From | 0.5 pips | 0.4 pips▼ lower |
|---|
| Commission / lot | N/A | N/A |
|---|
| Max Leverage | 400:1 | 400:1 |
|---|
| Inactivity Fee | None | $50/month (after 12 months) |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardPayPal | Bank transferCredit cardDebit cardSkrill |
|---|
| Withdrawal methods | Bank transferCredit card | Bank transferCredit cardSkrill |
|---|
| Withdrawal Fee | Free | Free for first per month |
|---|
| Regulators | FCA CMVM SCB | FCA ASIC |
|---|
| Platforms | MetaTrader 4 ActivTrader | ZuluTrade Proprietary Web/Mobile MetaTrader 4 NinjaTrader |
|---|
| Active bonuses |
|---|
Negative balance protection
Investor compensation scheme coverage
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Proprietary trading platform available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Pros
Strong APIs (REST, FIX)
Trading Station + MT4
FCA regulated
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Proprietary trading platform available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Cons
Product range narrower than IG or Saxo
No cTrader or raw ECN account option
Less known outside Europe compared to global competitors
Cons
Withdrew from US market in 2017
No raw spread account option
Inactivity fee applies
Dig deeper into each broker’s features, fees, and regulation.
Score 4.1 / 5
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