FXCM
ninjatrader brokerage
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
FXCM was founded in 1999 and is headquartered in United States, while ninjatrader brokerage was established in 2018 and is based in GRENADINES. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. FXCM serves 10,000+ clients worldwide; ninjatrader brokerage has 10,000+. The minimum deposit is $1 at FXCM and $250 at ninjatrader brokerage.
| Feature | FXCM | ninjatrader brokerage |
|---|---|---|
| Min. Deposit | $1 | $250 |
| Regulation | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F285 |
| Founded | 1999 | 2018 |
| Country | United States | GRENADINES |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between FXCM and ninjatrader brokerage, directly affecting your bottom line as a trader. FXCM has a lower barrier to entry with a minimum deposit of $1 (vs $250 at ninjatrader brokerage). Neither broker charges withdrawal fees. ninjatrader brokerage applies inactivity fees on dormant accounts; FXCM does not. Overall, FXCM scores higher on fees in our assessment.
| Feature | FXCM | ninjatrader brokerage |
|---|---|---|
| Min. Deposit | $1 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
FXCM offers MT4, MT5, cTrader, while ninjatrader brokerage supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. ninjatrader brokerage supports social and copy trading features, which FXCM does not offer. FXCM edges ahead on platform breadth and functionality in our scoring.
| Feature | FXCM | ninjatrader brokerage |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Mirror Trader, Web Trader, NinjaTrader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how FXCM and ninjatrader brokerage 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 | FXCM | ninjatrader brokerage |
|---|---|---|
| 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. FXCM accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while ninjatrader brokerage supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). ninjatrader brokerage uniquely supports PayPal and Skrill and Neteller among the two brokers. ninjatrader brokerage scores higher on deposit and withdrawal flexibility.
| Feature | FXCM | ninjatrader brokerage |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both FXCM and ninjatrader brokerage offer live chat support. Both provide phone support. Email support is available at both brokers. FXCM supports 2 languages and ninjatrader brokerage supports 8, giving ninjatrader brokerage broader global reach. Both brokers are comparable on support quality.
| Feature | FXCM | ninjatrader brokerage |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |