B

FXCM

7.9/10

npbfx

7.4/10
7/10RegulationWinner10/10
10/10WinnerFees0/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

FXCM was founded in 1999 and is headquartered in United States, while npbfx was established in 2020 and is based in United Kingdom. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. FXCM serves 10,000+ clients worldwide; npbfx has 3,500,000+. The minimum deposit is $1 at FXCM and $250 at npbfx.

FXCM wins this category
FeatureFXCMnpbfx
Min. Deposit$1$250
RegulationFinancial 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-F287
Founded19992020
CountryUnited StatesUnited Kingdom
Clients10,000+3,500,000+

Fees

Fees are a critical factor when choosing between FXCM and npbfx, directly affecting your bottom line as a trader. FXCM has a lower barrier to entry with a minimum deposit of $1 (vs $250 at npbfx). Neither broker charges withdrawal fees. npbfx applies inactivity fees on dormant accounts; FXCM does not. Overall, FXCM scores higher on fees in our assessment.

FXCM wins this category
FeatureFXCMnpbfx
Min. Deposit$1$250
Withdrawal FeesNoNo
Inactivity FeesNoYes
Deposit FeesNoNo
CFD FeesNoNo

Platforms

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

Tied
FeatureFXCMnpbfx
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Mirror Trader, Web Trader, NinjaTrader, Tablet & Mobile appsMT4, 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 npbfx compare. FXCM runs regular live webinars; npbfx does not. Both provide video tutorials. FXCM publishes daily market commentary; npbfx does not. Both integrate third-party research tools. FXCM maintains an archive of past webinars for on-demand viewing. FXCM scores higher overall in education and research.

FXCM wins this category
FeatureFXCMnpbfx
Forex EducationYesYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesYes

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 npbfx supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). npbfx uniquely supports PayPal and Skrill and Neteller among the two brokers. npbfx scores higher on deposit and withdrawal flexibility.

npbfx wins this category
FeatureFXCMnpbfx
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both FXCM and npbfx offer live chat support. Both provide phone support. Email support is available at both brokers. FXCM supports 2 languages and npbfx supports 8, giving npbfx broader global reach. Both brokers are comparable on support quality.

Tied
FeatureFXCMnpbfx
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic