24option vs FXCM
24option was founded in 2010 and initially specialised in binary options trading. However, this is no longer offered in Europe. Instead, since 2018 24option has focused entirely on trading Forex and CFDs. The broker is based in Cyprus and is regulated by the Cypriot financial supervisory authority CySec. Forex Broker FXCM is headquartered in London. In addition, the broker has other branches all over the world. FXCM is mainly regulated by the British FCA. With the trading platform TradingStationWeb FXCM offers a browser-based platform, but customers can also choose a desktop version or MetaTrader 4.
Broker | 24option | FXCM | XM |
Headquarters | Cyprus | New York | Cyprus |
Spanish | |||
MM/STP Broker | |||
ECN Broker | |||
Founded | 2010 | 1999 | 2009 |
Regulated By CySEC | |||
Regulated By NFA | |||
Regulated By FCA | |||
Regulated By ASIC | |||
Minimum Deposit | $ 250 | $50 | $5 |
Maximum Leverage | 1:400 | 1:400 | 1:500 |
Minimum Trade | 0.01 Lots | 0.01 Lots | 0.01 Lots |
Commission | |||
Deposit Fee | |||
Withdrawal Fee | |||
Fixed Spreads | |||
Variable Spreads | |||
EUR/USD Spread (Variable) | 3.00 | 1.40 | 0.50 |
View all spreads | View all spreads | View all spreads | |
Demo Account | |||
Micro Account | |||
Zero Spread Account | |||
Islamic Account | |||
Deposit Bonus | |||
No Deposit Bonus | |||
Currency Pairs | 40 | 39 | 57 |
CFDs | 139 | 18 | 356 |
Cryptocurrencies | |||
Stocks | |||
Indices | |||
Energies | |||
Metals | |||
View Instruments | View Instruments | View Instruments | |
MetaTrader 4 | |||
MetaTrader 5 | |||
Mobile App | |||
iOS | |||
Android | |||
Web Platform | |||
cTrader | |||
NinjaTrader | |||
Mirror Trader | |||
ZuluTrade | |||
Social Trading | |||
Signals | |||
Scalping | |||
Hedging | |||
VPS | |||
Expert Advisor | |||
PayPal | |||
Neteller | |||
Skrill | |||
Payoneer | |||
Credit Card | |||
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