Bridges Financial Services
FXCM
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Bridges Financial Services was founded in 2014 and is headquartered in Australia, while FXCM was established in 1999 and is based in United States. Bridges Financial Services holds licences including ABN 60 003 474 977, while FXCM is regulated by Financial Conduct Authority (FCA) among others. Bridges Financial Services serves 10,000+ clients worldwide; FXCM has 10,000+. The minimum deposit is $100 at Bridges Financial Services and $1 at FXCM.
| Feature | Bridges Financial Services | FXCM |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Regulation | ABN 60 003 474 977, AFSL No. 240837 | Financial Conduct Authority (FCA) |
| Founded | 2014 | 1999 |
| Country | Australia | United States |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Bridges Financial Services and FXCM, directly affecting your bottom line as a trader. FXCM has a lower barrier to entry with a minimum deposit of $1 (vs $100 at Bridges Financial Services). Bridges Financial Services charges withdrawal fees while FXCM does not, a notable advantage for frequent withdrawers. Bridges Financial Services charges deposit fees; FXCM does not. Overall, FXCM scores higher on fees in our assessment.
| Feature | Bridges Financial Services | FXCM |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Bridges Financial Services offers MT4, MT5, cTrader, while FXCM supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Bridges Financial Services supports social and copy trading features, which FXCM does not offer. The two brokers are closely matched on platform offering.
| Feature | Bridges Financial Services | FXCM |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MetaTrader 4 | MT4, 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 Bridges Financial Services 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.
| Feature | Bridges Financial Services | FXCM |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Bridges Financial Services 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.
| Feature | Bridges Financial Services | FXCM |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Bridges Financial Services 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.
| Feature | Bridges Financial Services | FXCM |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |