Colmex Pro vs FXCM

Colmex Pro or FXCM – which is better for UK traders 2024? Compare Colmex Pro and FXCM in this detailed breakdown of their platforms, features and fees.

Colmex Pro vs FXCM Comparison Table 2024
Colmex Pro FXCM
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4
Colmex Pro is ranked #93 among CFD brokers. FXCM is ranked #26 among CFD brokers.
Colmex Pro is a top retail trading provider offering competitive pricing. FXCM is a respected forex and CFD broker, established since 1999. The British-headquartered broker has won multiple awards and operates in various jurisdictions, including the UK and Australia. With zero commissions, over 400 assets, and a range of analysis tools, FXCM remains a popular choice for traders. The broker is also regulated by top-tier authorities including the FCA, ASIC, CySEC, FSCA, BaFin.
Pros
  • Alongside the 4 charting platforms, FXCM also offers a market-leading range of specialist software for experienced investors, including QuantConnect, AgenaTrader and Sierra Chart
  • The proprietary Trading Station terminal is a good choice for traders looking for an all-in-one solution for their short-term and automated trading strategies
  • Traders can utilize several top-tier trading tools including a market scanner, forex signals and third-party research site, eFXPlus
  • FXCM’s global reputation is impressive, with licenses from the FCA, ASIC, CySEC and FSCA and a 20-year business history
  • A range of funding methods are available including bank cards, Apply Pay and PayPal, with instant processing times
  • The broker offers spread discounts and other excellent perks for experienced traders in the Active Trader account
  • FXCM has expanded its range of trading opportunities with 24-hour stock CFDs through MetaTrader 4
Cons
  • Although FXCM continues to gear their services towards experienced traders, it’s a shame that there are no managed accounts on offer
  • There is no choice of retail accounts for traders, nor any Cent/Micro account options
  • The live chat support can be slow and unreliable compared to the top competitors
FCA Regulated
No

List of FCA Regulated Brokers

Yes
Instruments
Forex, CFDs, indices, shares, commodities Forex, Stock CFDs, Commodities CFDs, Crypto CFDs
Demo Account
Yes Yes
Minimum Deposit
$500 $50
Payment Methods
Minimum Trade
0.01 Lots Variable
Regulator
CySEC, FSCA FCA, CySEC, ASIC, FSCA, BaFin, CIRO
Mobile Apps
Yes iOS and Android
iOS App Rating
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Android App Rating
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Margin Trading
No Yes
MetaTrader 4
Yes Yes
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No Yes
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No Yes
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No Yes
P2P Trading
No No
Spot Trading
No No
Auto Trading
Yes
Copy Trading
No Yes
Copy Trading Platform
FXCM offers social and copy trading on forex, CFDs and cryptos through the hugely popular ZuluTrade platform. The sign-up process is quick and you can track your performance in real-time.
Social Trading
No Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No Yes
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • AUD
Commodities
  • Gold
  • Silver
  • Gold
  • Oil
  • Silver
  • Cannabis
CFD
Colmex Pro offers CFD trading in the markets. You can trade a range of CFD instruments across forex, shares, indices and commodities. There’s an excellent selection of platforms for traders, including TradingView and MT4, plus additional tools for experienced algo traders including API solutions.
Leverage
1:30 1:400
FTSE Spread
Floating 1.18 pts var*
GBPUSD Spread<
0.4 0.5 pips*
Oil Spread
Floating 0.05 (var)*
Stocks Spread
Floating 0.2% Var*
Forex
Trade over 50 currencies with 1:30 leverage. FXCM offers an average range of 40+ currency pairs, although there are no commissions and spreads are competitive from 0.78 pips for EUR/USD. The broker also offers 3 forex baskets covering USD, Yen and emerging markets benchmarks.
Assets
51 40
GBPUSD Spread
0.4 0.5 pips var*
EURUSD Spread
0.4 0.2 pips var*
EURGBP Spread
0.6 0.5 pips var*
Currency Indices
  • JPY
Cryptocurrency
You can trade some of world's most popular digital coins with zero commission and leverage. FXCM also stands out for its crypto major basket which offers exposure to Bitcoin, Ethereum, Litecoin and Bitcoin Cash in one trade.
Spread
Variable
Coins
  • BTC
  • ETH
  • LTC
  • BTC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Colmex Pro FXCM
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