FXCM
Vanguard
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
Basic data of broker
Recommended for Forex traders looking for easy account opening, funding and withdrawal
Recommended for Long-term investors looking for great ETF and mutual fund selection
UK
USA
Fees
Average trading and non-trading fees, low CFD fees
Average trading fees, low non-trading fees, free stock and ETF trading
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
4
1
Deposit type
Withdrawal type
Account opening
$50
$0
1-3 days
1-3 days
Proof of identity: ID / passport / driver's license Proof of residency: bank statement / utility bill
Proof of identity: SSN / passport / national ID card / driver's license
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
Poor
Customer service
Security
£85,000 in the UK, €20,000 in the EU, no protection in other countries
$500,000 (securities up to $500,000, cash up to $250,000)
1999
1975
UK, Australia, South Africa and Cyprus
USA
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.
FXCM's service is on par with Vanguard's and a comparison of their fees shows that FXCM's fees are similar to Vanguard's.
Account opening takes about the same effort at FXCM compared to Vanguard, deposit and withdrawal processes are more seamless at FXCM, while customer service quality is somewhat better than Vanguard's.
Our experts rated the trading platform of FXCM as being of the same quality as the platform of Vanguard, found that clients have access to slightly less markets and products with FXCM, while Vanguard provides less useful research and education.