Are margin interest rates low at FXCM?

Personally tested

Data-driven

Independent

Are margin rates low at FXCM?

Margin trading - borrowing money from your broker to buy more assets than you could otherwise afford - is popular, but it's not available at all brokers, and margin interest rates can vary widely.

Sadly, you can't trade real stocks or ETFs on margin at FXCM. If you insist on leverage, you can trade CFDs at FXCM, at low financing rates; or instead, just check the best margin trading platforms.

No margin trading for stocks at FXCM

Tamás Gyuriczki

Investments • Stock Market • Market Analysis

I've thoroughly tested FXCM's services to see whether margin trading is possible. Here's what you need to know:

At FXCM, you can trade stocks/ETFs with leverage in the form of CFDs only.
FXCM CFD fees are average, including low financing rates.
Margin trading involves borrowing money from your broker to increase your exposure.
Looking for real margin trading? Check our list of the best margin trading platforms.

Before we begin, let's see if FXCM is available in your country:

No, you can't open an account at FXCM if you live in the United States!

Disclaimer: Stratos Markets Limited: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Visit broker
63% of retail CFD accounts lose money

FXCM

4.3/5

Minimum deposit

$50

FX fee

Low

Index CFD fee

Low

Withdrawal fee

Account opening

1-3 days

Visit FXCM

63% of retail CFD accounts lose money

Want to unlock your perfect broker match?

Leveraged trading available for CFDs only

At FXCM, you can't trade real stocks or ETFs on margin. Your only chance for leveraged trading at FXCM is to trade CFDs (contracts for difference).

Unlike in the case of regular stock trading, you don't actually hold any asset when trading CFDs; you merely bet on the price movements of an underlying asset (which can be a stock, ETF, commodity, bond, etc).

Are you new to all this? Check out our introduction to the main concepts of CFD trading.

CFD financing rates

Also referred to as a swap fee or overnight rate, the financing rate is the cost you have to pay for holding a leveraged position overnight. The financing rate is one of your most important cost items in CFD trading. Your costs stemming from financing rates add up over time: the longer you hold your position, the larger your financing cost will be.

Financing rates are set at the broker's discretion but are usually closely linked to benchmark interest rates. In other words, if interest rates in general are high, financing rates will also be higher. Financing rates can also vary depending on the type of security being traded.

Average CFD trading fees, low financing rates

At BrokerChooser, we regularly collect and update financing rate data along with other data sets for more than 100 brokers globally. Check out financing rates and overall CFD trading costs at FXCM in the following tables and see how they compare to rates applied by some close competitors.

CFD financing rates at FXCM
Broker	CFD financing rate class	Apple CFD financing rate
FXCM	High	9.8%
Forex.com	Average	7.1%
Pepperstone	Average	7.0%

CFD trading fees at FXCM
Broker	CFD fee class	S&P 500 index CFD fee
FXCM	Average	$3.0
Forex.com	High	$2.9
Pepperstone	Low	$2.8

Visit broker
63% of retail CFD accounts lose money

Risk disclaimer

Stratos Markets Limited: FCA registration number 217689 (www.fxcm.com/uk)

Stratos Europe Limited CySEC license number 392/20 (www.fxcm.com/eu)

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

All references on this site to "FXCM" refer to the Stratos Group.

Check out this short video for a behind-the-scenes peek into how our experts personally test and evaluate brokers.

Got questions?

Engage with our growing community of traders and investors like you to find your answers.

Join now

FXCM margin rates