FXCM
Wilsons Advisory And Stockbroking
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Overview
FXCM was founded in 1999 and is headquartered in United States, while Wilsons Advisory And Stockbroking was established in 2008 and is based in Australia. FXCM holds licences including Financial Conduct Authority (FCA), while Wilsons Advisory And Stockbroking is regulated by Unregulated among others. FXCM serves 10,000+ clients worldwide; Wilsons Advisory And Stockbroking has 10,000+. The minimum deposit is $1 at FXCM and $100 at Wilsons Advisory And Stockbroking.
| Feature | FXCM | Wilsons Advisory And Stockbroking |
|---|---|---|
| Min. Deposit | $1 | $100 |
| Regulation | Financial Conduct Authority (FCA) | Unregulated |
| Founded | 1999 | 2008 |
| Country | United States | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between FXCM and Wilsons Advisory And Stockbroking, directly affecting your bottom line as a trader. FXCM has a lower barrier to entry with a minimum deposit of $1 (vs $100 at Wilsons Advisory And Stockbroking). Wilsons Advisory And Stockbroking charges withdrawal fees while FXCM does not, giving FXCM an edge for frequent withdrawers. Wilsons Advisory And Stockbroking applies inactivity fees on dormant accounts; FXCM does not. Wilsons Advisory And Stockbroking charges deposit fees; FXCM does not. Overall, FXCM scores higher on fees in our assessment.
| Feature | FXCM | Wilsons Advisory And Stockbroking |
|---|---|---|
| Min. Deposit | $1 | $100 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
FXCM offers MT4, MT5, cTrader, while Wilsons Advisory And Stockbroking supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.
| Feature | FXCM | Wilsons Advisory And Stockbroking |
|---|---|---|
| MT4 | Yes | Yes |
| 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 | Metatrader 4 - desktop, iOS and Android versions available. |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how FXCM and Wilsons Advisory And Stockbroking compare. FXCM runs regular live webinars; Wilsons Advisory And Stockbroking does not. Both provide video tutorials. FXCM publishes daily market commentary; Wilsons Advisory And Stockbroking 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.
| Feature | FXCM | Wilsons Advisory And Stockbroking |
|---|---|---|
| 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. FXCM accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Wilsons Advisory And Stockbroking supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | FXCM | Wilsons Advisory And Stockbroking |
|---|---|---|
| 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 FXCM and Wilsons Advisory And Stockbroking 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 | FXCM | Wilsons Advisory And Stockbroking |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |