AMarketsvs
FXCMForex Broker Comparison
AMarkets and FXCM clash over regulation, pricing, and platform ecosystems. The tension centers on protection, costs, and the breadth of trading platforms.
Our Verdict
FXCM winsby 0.3 pts
FXCM edges AMarkets on the editorial score due to stronger regulation, broader platforms, and investor protection.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1FXCM operates under FCA/ASIC with investor protection and compensation scheme.
- 2AMarkets offers raw spreads and a $6/lot ECN-style commission.
- 3FXCM has a proprietary platform and 400 instruments.
Who should choose AMarkets vs FXCM?
Find out which broker best suits your trader profile.
Choose AMarkets if…
Choose AMarkets if you want raw spreads and a $6/lot ECN-style commission. You also benefit from no inactivity fee and about 250 tradable instruments.
Choose FXCM if…
Choose FXCM if you want top-tier regulation from FCA and ASIC with investor protection and a compensation scheme. You also access a proprietary Trading Station alongside MT4 and a 400-instrument offering with negative balance protection.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Recommended
AMarkets offers tighter spreads from 0.00 pips vs 0.40 pips for FXCM, reducing trading costs.
Best for safety & regulation
Recommended
AMarkets vs FXCM: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 3.8/ 5 | 4.1/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.4 / 5 | 4.1 / 5▲ |
AMarkets vs FXCM Forex Broker Pros & Cons
Pros
MT4, MT5, and cTrader all available
Competitive $6 round-turn ECN commission
Mature PAMM platform with full performance transparency
No inactivity fee
Client funds held in segregated accounts
Raw spread account available
AMarkets vs FXCM: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
2
AMarkets
criteria wins
5
FXCM
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | AMarkets | FXCM |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Fail | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Fail | Pass |
| Compensation scheme (e.g. FSCS) | Fail | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | 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 | Fail | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
AMarkets vs FXCM: Frequently Asked Questions
The scores are close: AMarkets rates 3.8/5 and FXCM rates 4.1/5. FXCM 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.
AMarkets starts from 0 pips, tighter than FXCM's 0.4 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
FXCM has $50, while AMarkets requires at least $100. This makes FXCM more accessible for traders with limited starting capital.
FXCM holds top-tier regulation (FCA, ASIC), providing stronger investor protections. AMarkets may be regulated but does not hold top-tier status in our data. Verify regulatory status on each regulator's public register before depositing funds.
FXCM stands out for beginners: it has a lower entry point and provides negative balance protection, which caps losses at your deposited amount. Also compare demo account availability and educational resources before deciding.
AMarkets lists maximum leverage of 3000:1, 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.
AMarkets charges $6 per lot on commission-based accounts. Commission details for FXCM are not currently available. Check their website for up-to-date pricing.
AMarkets supports cTrader, MetaTrader 5, MetaTrader 4, while FXCM supports ZuluTrade, Proprietary Web/Mobile, MetaTrader 4, NinjaTrader. Both provide MetaTrader 4. AMarkets has exclusive access to cTrader and MetaTrader 5. FXCM has exclusive access to ZuluTrade and Proprietary Web/Mobile and NinjaTrader.
