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Argonaut Securities logo

Argonaut Securities

8.4/10

FXCM

7.9/10
7/10RegulationTied7/10
10/10FeesTied10/10
9/10PlatformsTied9/10
10/10Education & ResearchTied10/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Argonaut Securities was founded in 2009 and is headquartered in Australia, while FXCM was established in 1999 and is based in United States. Argonaut Securities holds licences including Australian Securities Exchange (ASX), while FXCM is regulated by Financial Conduct Authority (FCA) among others. Argonaut Securities serves 10,000+ clients worldwide; FXCM has 10,000+. Both brokers share the same minimum deposit of $1.

Argonaut Securities wins this category
FeatureArgonaut SecuritiesFXCM
Min. Deposit$1$1
RegulationAustralian Securities Exchange (ASX), Australian Securities and Investment Commission (ASIC), Securities and Futures Ordinance (SFO), Securities and Futures Commission (SFC)Financial Conduct Authority (FCA)
Founded20091999
CountryAustraliaUnited States
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Argonaut Securities and FXCM, directly affecting your bottom line as a trader. Both require a minimum deposit of $1. Neither broker charges withdrawal fees. Argonaut Securities charges deposit fees; FXCM does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureArgonaut SecuritiesFXCM
Min. Deposit$1$1
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesYesNo
CFD FeesNoNo

Platforms

Argonaut Securities offers MT4, MT5, cTrader, while FXCM supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Argonaut Securities supports social and copy trading features, which FXCM does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureArgonaut SecuritiesFXCM
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsAndroid,WEB,Desktop,iPhone,MacMT4, Mirror Trader, Web Trader, NinjaTrader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Argonaut Securities and FXCM compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. The two brokers are evenly matched on educational content.

Tied
FeatureArgonaut SecuritiesFXCM
Forex EducationYesYes
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistYesYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Argonaut Securities accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while FXCM supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureArgonaut SecuritiesFXCM
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Argonaut Securities and FXCM offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.

Tied
FeatureArgonaut SecuritiesFXCM
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese