Broker to Trading

In terms of similarities, FOREX.com and FXCC both offer MT4 and CFD trading. The trader can utilise MT4 to trade EAs, and can use a VPS to trade when disconnected from the broker (i.e. they both support automated trading).

In terms of differences, FOREX.com provides more platforms and markets while FXCC is an ECN broker. With its Advanced Trading Platform and web trader, FOREX.com can be seen as providing additional support for traders who execute their own trades. FOREX.com does not charge Forex commissions, FXCC does, but on one of its accounts FXCC can offer low ECN caliber spreads, without a commission charge.

Quick comparison

FOREX.com offers MT4, a Web Trader and a downloaded Advanced Trading Platform. FXCC is an ECN MT4 broker.

Minimum deposit and account types

The minimum deposit for FOREX.com is $/€/£100. The minimum deposit for FXCC is $100.

• FOREX.com offers Forex and CFD trading. The minimum trade size is 0.01 lots. It has an Economic Calendar, Market Research and a news feed on its platforms, offers Autochartist and Trading Central and has a Trader Education course on its website.
• FXCC provides three account types. These are the ECN Standard account, the ECN XL account and the ECN Advanced account. FXCC's ECN XL account has a minimum deposit of $100, the ECN Standard account has a minimum deposit of $10,000 and the ECN Advanced account has a minimum deposit of $100,000. In some regions, there is only the ECN XL account, and it has no minimum deposit.
• All FXCC account types provide the MT4 platform, ECN/STP order execution, mobile trading, free technical analysis, SMS notifications, VPS, Economic Calendar and Trading Tools, allow Expert Advisors, scalping and hedging and provide a personal account manager. The ECN XL account additionally can offer zero commissions (T&Cs apply) and zero mark-up. The ECN Advanced account provides more markets to trade than the other account types (200+ vs 30). All trading styles are allowed at FXCC and a news feed and analysis is available on the website.

Markets

• FOREX.com offers Forex, Metals, Indices, Energy, Cryptocurrencies, Soft Commodities and Stocks, with 300+ available.
• In some regions, FXCC offers Forex, Metals, Indices, Energy and Cryptocurrencies, with 90+ available.
• FXCC offers Forex and Metals on the ECN Standard and the ECN XL account, with 25+ available. On the ECN Advanced account it offers 200+ markets.

Spreads

FOREX.com can offer Forex spreads from 0.8 without a commission charge. FXCC can provide very low Forex spreads plus a commission charge.

Commissions

• FXCC's ECN XL account does not charge commissions.
• FXCC's ECN Standard account charges commissions of 0.75 pips per lot per side for Forex and $7.5 per lot per side for Metals.
• FXCC's ECN Advanced account charges commissions of 0.4 pips per lot per side for Forex and $4 per lot per side for Metals, Energy and Indices.
• FOREX.com does not charge commissions, except for Shares CFDs.

Online trading platforms

FOREX.com offers the Advanced Trading Platform, a Web Trader and MT4. FXCC offers MT4.

Why FOREX.com or FXCC ?

Traders who want to trade on MT4 may do so at either FOREX.com or FXCC. Traders who want to trade on a user friendly Web Trader may do so at FOREX.com. Traders may additionally trade on the Advanced Trading Platform offered by FOREX.om, which has a wide range of tools to assist the trader who executes their own trades.

Comparison summary

• Both provide CFD trading
• Each offers MT4
• FOREX.com additionally provides a Web Trader and its Advanced Trading Platform
• FXCC can offer on its ECN XL account spreads without a mark-up or commission charge