Contributor, Benzinga
November 4, 2022

Trading international markets and assets can be risky. Finding a reputable online broker offering the best trading toolkit and the financial instruments to suit your long-term financial goals is essential. 

Modern online trading platforms are fast and efficient, providing you with the market analysis and charting information you need to make informed investment decisions. In this broker comparison, Benzinga will review two popular foreign exchange (forex) trading platforms.

What Is

Founded in 2001, is an award-winning online forex trading platform offering a range of more than 80 currency pairs, one of the most competitive investment offerings on forex markets today. 

Supporting both MetaTrader 4 and MetaTrader5, offers traders the use of its proprietary app with web and mobile options. The platform is easy to use and navigate. Screens are customizable, and traders have the option of setting up push notifications as alerts for preset market conditions. There are more than 90 market indicators, charts, news and analysis to help investors to make the best trading decisions. offers both commission and spread-only trading accounts. Traders can leverage at a ratio of 50 to 1. The Active Trader Program offers discounts to traders with funds of $10,000 or more.

If you’re new to trading, you’ll find all you need to learn the ropes. FOREX.COM has a broad range of educational content for all traders from beginner through advanced levels. Traders can also join live, free-to-watch webinars aimed at various skill levels. Join the social media communities to learn from fellow traders and share views. 

Best for: Volume traders in contracts for difference (CFDs) and forex

Mobile app: Yes

MetaTrader 4 (MT4) compatability: Yes

MetaTrader 5 (MT5) compatability: Yes

Year founded: 2001

Headquarters: New York City

Instruments: Forex and CFDs for stocks, indices, commodities and cryptocurrencies

Total currency pairs: 80+

Minimum initial deposit: $100

Regulators: is part of the publicly traded company StoneX Group Inc. (NASDAQ: SNEX). It is regulated by four tier-1 regulators

Active trader or VIP discount: Yes


  • 2022 Best in Class winner in two divisions — Investment Offering and Mobile Trading.
  • is safe and secure. Parent company StoneX is publicly traded. is registered with four tier-1 regulators.  
  • Traders can leverage by up to 1:50.
  • Comprehensive range of currency pairs.
  • Easy-to-use advanced financial charts available through TradingView along with more than 90 technical indicators.
  • Excellent learning platform.


  •  Offers only forex and metals trading, not stocks and bonds.

Read Benzinga's Full Review

What Is FXCC?

FXCC is an online broker for CFD and forex traders. Investors using the platform can trade in more than 70 foreign currency pairs and eight of the most-traded cryptocurrencies. FXCC also offers spot precious metal and crude oil trading along with stocks from 12 leading market indices. 

FXCC requires no deposit and charges no commissions. Tight spreads help investors to optimize profits. Spreads are transparent and shared in real-time. The company offers a 100% bonus on investor deposits of up to $2,000. 

The MT4 platform boasts a range of technical indicators and charting tools to help traders plan investment strategies. Use automated trading to avoid missing opportunities. 

The platform contains some excellent back-to-basic training for beginners along with intermediate and advanced educational facilities. A demo account allows new traders to practice trading without risking their own funds.

FXCC works off an electronic communication network (ECN), connecting market participants with funders. The ECN enables instant trading and direct contact with traders and funders. FXCC charges no trading commissions, and spreads are tight. 

Best for: New traders

Accepts U.S clients: No

Mobile app: Yes

MetaTrader 4 (MT4) compatability: Yes

MetaTrader 5 (MT5) compatability: No

Year founded: 2010

Headquarters: Port Vila, Vanuatu

Instruments: Forex, cryptocurrencies, commodities, CFDs, Indices

Total currency pairs: 70+

Minimum initial deposit: None

Regulators: Regulated by Cyprus Securities and Exchange Commission (CySEC) for EU investors. Others will deal with Central Clearing registered as an international company regulated by the Republic of Vanuatu

Active trader or VIP discount: No


  • 100% first deposit bonus of up to $2,000
  • No minimum deposit
  • Generous leverage with a maximum 1:500 (subject to local regulations)
  • ECN/STP (straight-through processing) access to markets
  • Free virtual private network (VPN) access
  • No commission and tight spreads
  • Extensive range of investment products


  • Not available to U.S. investors
  • Limited U.S. asset availability
  • No MetaTrader5

Read Benzinga's Full FXCC Review

Comparative Charges

Take a look at how and FXCC compare in price:

PIP (percentage in point) RateFOREX.comFXCC
PIP rate USD/EURO0.10.1
PIP rate USD/GBP0.120.1
PIP rate USD/JPY0.070.07 Research Offerings

  • Forex calendar
  • More than 90 market indicators
  • Mobile charting and market analysis
  • Multiple news channels and written content customizable to currency pairs

FXCC Research Offerings

  • Economic calendar
  • Forex news
  • Technical data analysis
  • Charts
  • Traders’ blogs

Choosing the Best Forex Broker

If you’re looking for a low-cost broker, you won’t do much better than FXCC’s no commission, low spread fee structure. The company also requires no deposit and offers generous leverage, reducing the barriers to market entry. New traders can learn as they go using the extensive library of training materials and the demo model. Still, FXCC isn’t an option if you live in the U.S.

For the die-hard currency trader, the app offers 80-plus currency pairs. Traders can use MT4, MT5 or the proprietary web-based or desktop trading app. Active traders can qualify for volume discounts. New traders can benefit from demo trading and the carefully designed educational platform.      

Frequently Asked Questions


Is FXCC regulated?


FXCC is regulated by Cyprus Securities and Exchange Commission (CySEC)


Is FXCC an ECN broker?


FXCC is an ECN trader so users can make quick trades and communicate with market participants and fund providers.


Which trading platform is better: FXCC or


Which trading platform is best for you depends on your investment needs. If you live in the U.S., trading on FXCC isn’t an option. is one of the best forex trading platforms and FXCC has a broad range of assets you can choose from.

Get a Forex Pro on Your Side, registered with the Commodity Futures Trading Commission (CFTC), lets you trade a wide range of forex markets with low pricing and fast, quality execution on every trade. 

You can also tap into:

  • EUR/USD as low as 0.2 with fixed $5 commissions per 100,000
  • Powerful, purpose-built currency trading platforms
  • Monthly cash rebates of up to $9 per million dollars traded with’s Active Trader Program

Learn more about’s low pricing and how you can get started trading with