fxcl markets
Trading212
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Overview
fxcl markets was founded in 2006 and is headquartered in Cayman Islands, while Trading212 was established in 2006 and is based in UK. fxcl markets holds licences including Financial Services Authority (FSA) number 1637, while Trading212 is regulated by Financial Conduct Authority (FCA) among others. fxcl markets serves 10,000+ clients worldwide; Trading212 has 1,500,000+. The minimum deposit is $250 at fxcl markets and $1 at Trading212.
| Feature | fxcl markets | Trading212 |
|---|---|---|
| Min. Deposit | $250 | $1 |
| Regulation | Financial Services Authority (FSA) number 1637 | Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) |
| Founded | 2006 | 2006 |
| Country | Cayman Islands | UK |
| Clients | 10,000+ | 1,500,000+ |
Fees
Fees are a critical factor when choosing between fxcl markets and Trading212, directly affecting your bottom line as a trader. Trading212 has a lower barrier to entry with a minimum deposit of $1 (vs $250 at fxcl markets). Neither broker charges withdrawal fees. Overall, Trading212 scores higher on fees in our assessment.
| Feature | fxcl markets | Trading212 |
|---|---|---|
| Min. Deposit | $250 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
fxcl markets offers MT4, MT5, cTrader, while Trading212 supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.
| Feature | fxcl markets | Trading212 |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how fxcl markets and Trading212 compare. fxcl markets runs regular live webinars; Trading212 does not. Both provide video tutorials. fxcl markets publishes daily market commentary; Trading212 does not. Both integrate third-party research tools. fxcl markets maintains an archive of past webinars for on-demand viewing. fxcl markets scores higher overall in education and research.
| Feature | fxcl markets | Trading212 |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. fxcl markets accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Trading212 supports 4 (bank transfer, credit/debit card, PayPal, Skrill). fxcl markets uniquely supports Neteller among the two brokers. fxcl markets scores higher on deposit and withdrawal flexibility.
| Feature | fxcl markets | Trading212 |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | Yes |
| Skrill | Yes | Yes |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both fxcl markets and Trading212 offer live chat support. fxcl markets offers phone support; Trading212 does not. Email support is available at both brokers. fxcl markets supports 8 languages and Trading212 supports 13, giving Trading212 broader global reach. fxcl markets scores higher overall on customer support in our assessment.
| Feature | fxcl markets | Trading212 |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | No |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, German, Netherlands, Spanish, French, Italian, Polish, Serbian, Norwegian, Swedish, Czech, Romanian, Turkish |