FXCM vs Markets.com (2026): regulation, platforms and costs compared
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Data refreshed 25 Aug 2026 · Compiled by David Ispiryan
FXCM is a well-regarded forex broker that provides access to currency pairs on proprietary and third-party trading platforms, with market research, education, and risk management tools. It operates through regulated entities.
Markets.com is a well‐regarded forex and CFD broker offering broad access to currency pairs and multi‐asset CFDs on intuitive web and mobile platforms. It provides built‐in research, education, and risk management tools…
FXCM (United Kingdom, founded 1999) holds 4 regulatory licences (ASIC, CySEC, FCA, FSCA), 2 of them tier-1, offers MT4, Proprietary, TradingView and sits in our low-fee bracket. Markets.com (Cyprus, founded 2008) holds 5 regulatory licences (ASIC, BVI FSC, CySEC, FCA, FSCA), 2 of them tier-1, offers MT4, MT5, Proprietary and sits in our low-fee bracket. The two overlap in 174 countries; FXCM is available in 52 countries where Markets.com is not, and Markets.com in 1 where FXCM is not.
Verdict at a glance
FXCM leads on trust rank, track record and country coverage.
Markets.com leads on regulatory coverage and instrument range.
Level on platform choice, fee level and tier-1 licences.
Scored on 8 measurable dimensions where both brokers have verified data. Dimensions missing for either side are excluded rather than guessed. This is a data summary, not a recommendation.
Highlighted cells mark the stronger value where a direction is objectively better (e.g. more licences, lower fees). "Not verified" means the field is not yet in our catalogue for that broker — we never fill gaps with estimates.
Pros
FXCM
FCA- and ASIC-regulated; segregated client funds
NDD/STP agency execution; deep liquidity
Trading Station and MT4; advanced charting and order types
REST/FIX APIs and Python SDK; VPS support for algos
Both sit in the same fee bracket (low) in our catalogue; compare the spreads and commission rows above for detail.
Which is older, FXCM or Markets.com?
FXCM is the older of the two, founded in 1999; Markets.com was founded in 2008.
Are FXCM and Markets.com available in the same countries?
They overlap in 174 countries. FXCM is additionally available in 52 countries (American Samoa, Armenia, Australia, Azerbaijan, Bangladesh, Belize and 46 more) and Markets.com in 1 countries (India).
Risk warning: CFDs and forex are complex, leveraged instruments and carry a high risk of losing money rapidly. A majority of retail investor accounts lose money when trading CFDs. Nothing on this page is financial advice; verify licence status on the regulator's register before depositing. Full risk disclosure.