Errantevs
FXCMForex Broker Comparison
Two regulated brokers battle on cost, platforms, and access to ECN pricing. The matchup pits Errante's ECN pricing and MT4/MT5 against FXCM's platforms and API-rich tools.
Our Verdict
FXCM winsby 0.3 pts
FXCM edges Errante on overall editorial score, reflecting stronger platform options and FCA/ASIC regulation; Errante still offers raw 0-pip spreads on Pro ECN with MT4/MT5.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1FXCM offers 400 instruments versus Errante's 200.
- 2FXCM provides a proprietary Trading Station platform.
- 3Errante offers raw 0-pip spreads on Pro ECN.
Who should choose Errante vs FXCM?
Find out which broker best suits your trader profile.
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
Errante offers tighter spreads from 0.00 pips vs 0.40 pips for FXCM, reducing trading costs.
Best for safety & regulation
It’s a tie
Both equally suited
Errante 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 | 4.0 / 5 | 4.1 / 5▲ |
Errante vs FXCM Forex Broker Pros & Cons
Pros
CySEC (440/23) regulation with ICF compensation up to EUR 20,000
$50 minimum deposit on standard account
Pro ECN account: 0.0 pip raw spreads at $3/lot commission
MT4 and MT5 available
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Errante vs FXCM: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
2
Errante
criteria wins
2
FXCM
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | Errante | 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 | 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 |
Errante vs FXCM: Frequently Asked Questions
The scores are close: Errante 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.
Errante 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.
Both Errante and FXCM require a minimum deposit of $50 to open a live trading account.
Both Errante 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, both brokers provide negative balance protection. Also compare demo account availability and educational resources on each broker's site before deciding.
Errante lists maximum leverage of 30:1, 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.
Errante charges $3 per lot on commission-based accounts. Commission details for FXCM are not currently available. Check their website for up-to-date pricing.
Errante supports MetaTrader 5, MetaTrader 4, while FXCM supports MetaTrader 4, Proprietary Web/Mobile, ZuluTrade, NinjaTrader. Both provide MetaTrader 4. Errante has exclusive access to MetaTrader 5. FXCM has exclusive access to Proprietary Web/Mobile and ZuluTrade and NinjaTrader.
