Alpaca Trading
FXCM
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
Basic data of broker
Recommended for Traders interested in algorithmic stock trading
Recommended for Forex traders looking for easy account opening, funding and withdrawal
USA
UK
Fees
Free stock and ETF trading, low non-trading fees
Average trading and non-trading fees, low CFD fees
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
1
4
Deposit type
Withdrawal type
Account opening
$0
$50
1 day
1-3 days
Social security number, other proof of residence
Proof of identity: ID / passport / driver's license Proof of residency: bank statement / utility bill
Trading platform
Markets and products
Disclaimer: 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Research, education
Great
Great
Customer service
Security
$500,000 (securities up to $500,000, cash up to $250,000)
£85,000 in the UK, €20,000 in the EU, no protection in other countries
2015
1999
USA
UK, Australia, South Africa and Cyprus
For detailed information and hands-on experience, read our review of this broker.
For detailed information and hands-on experience, read our review of this broker.
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.
Alpaca Trading's service is on par with FXCM's and a comparison of their fees shows that Alpaca Trading's fees are slightly lower than FXCM's.
Account opening takes somewhat less effort at Alpaca Trading compared to FXCM, deposit and withdrawal processes are more complicated at Alpaca Trading, while customer service quality is lower than FXCM's.
Our experts rated the trading platform of Alpaca Trading as being of the same quality as the platform of FXCM, found that clients have access to slightly more markets and products with Alpaca Trading, while FXCM provides somewhat lower-quality research and education.