Compare forex brokers GMOTrading VS Fxcm

If you're choosing between GMOTrading and Fxcm forex brokers, we've compared hundreds of data points side-by-side to make finding the right broker for you easier. Is GMOTrading better than Fxcm? After assessing the two forex brokers on nearly 50 different variables, we would be able to get into an informed conclusion.

GMOTRADING VS FXCM

FXCM
FXCM Overview

At onlineforextrading.net we have readers-first policy. Thus, we always put our readers' safety as a priority in our business line. We will never just satisfy ourselves with Brokers' public information, however, go in-depth. Often we will also open live and demo accounts and test brokers directly! For the above mentioned, we stand on our toes checking all the ins and outs in a broker’s business history, biography and reputation. The very same standards apply in case of this FXCM broker review.

The FXCM group of companies (FXCM Group) is a leading provider of online foreign exchange (forex) trading, CFD trading, spread betting and related services.

FXCM is committed to offering a diverse suite of innovative trading tools, market news, and education to the trading community. Clients benefit from FXCM’s large network of forex liquidity providers enabling FXCM to offer competitive spreads on major currency pairs. Clients have the advantage of mobile trading, one-click order execution and trading from real-time charts. FXCM's U.K. subsidiary, Forex Broker Capital Markets Limited is also a provider of CFD products with no re-quote trading and allows clients to trade oil, gold, silver and stock indices along with forex on one platform.

GMOTrading
GMOTrading Overview

At onlineforextrading.net we have readers-first policy. Thus, we always put our readers' safety as a priority in our business line. We will never just satisfy ourselves with Brokers' public information, however, go in-depth. Often we will also open live and demo accounts and test brokers directly! For the above mentioned, we stand on our toes checking all the ins and outs in a broker’s business history, biography and reputation. The very same standards apply in case of this GMOTrading broker review.

GMOTrading is a global online broker that puts at its clients’ disposal multiple trading instruments that comprise forex, CFDs stock indexes, such as as FTSE Futures and DAX Futures, and commodities such as oil. GMOTrading caters to a wide array of clients worldwide and is 24/5 customer service-available.

With GMOTrading, clients enjoy unlimited access to global financial markets through web-based platforms and downloadable software, anytime, anywhere. Its efficient order execution with zero dealing desk intervention and high level of liquidity give clients the best trading experience on the web.

# Broker's Features GMOTRADING Availability FXCM Availability
# Commissions
# Hedging
# PAMM
# Scalping
# Accepts US traders
# 24 hour trading
# Swaps
# Demo account
# Daily analysis
# Automated trading
# Mobile trading
# Trading by phone
# 1st deposit bonus
# Forex contests competitions
# Bonuses Promotions
# Interest charges on the balance
# Free education
# Expert advisors
# Partnership programs
# Trust management
# 24 hour support

The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will compare GMOTrading vs Fxcm.

Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. GMOTrading offers Online Financial Trading and Investment Services Such as N/A, while Fxcm offers Indices, Commodities, Treasury, Forex.

Broker Type: Many types of brokers can be found in the most dynamic market in the world. GMOTrading is STP, while Fxcm is Broker.

Minimum Deposit Requirement: To compare these two FX brokers, we will then take a look at how much is required as a basic minimum to open an account. You need to consider how much money you can spare to start off a Forex brokerage. GMOTrading recommended minimum capital is N/A, while Fxcm has a Minimum Deposit Requirement of N/A.

Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. GMOTrading is regulated by CySec, while Fxcm regulated by FCA, ASIC, SFC, CONSOB, BaFin, ACP. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.

Account currencies: Next lets consider the Account currencies each broker offers. GMOTrading offers USD, EUR, GBP different account currencies for each account types, while Fxcm offers EUR, USD, GBP, AUD, CHF, JPY, CAD account currencies.

Languages Available: Next lets have a look at each broker's different Language options. GMOTrading offers English, Italian, Russian, Polish, German, Spanish, while Fxcm offers English, Spanish, French, German, Arabic, Chinese, Customer Support Languages.

Payment methods: Next lets have a look at each broker's payment options. GMOTrading offers Credit card, Bank wire transfer, Skrill, Webmoney, different payment methods for each account types, while Fxcm offers Debit/Credit Card, Paper Cheque, EFT & Bank Wire ( payment methods.

Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, GMOTrading makes MetaTrader4, WebTrader available to clients, while Fxcm offers FXCM Trading Station Desktop/Web/Mobile, FXCM Acti.