FXCM vs MG FOREX
A side-by-side look at FXCM and MG FOREXusing the data we hold on each — score, regulators, platforms, minimum deposit, spreads and leverage. Blank fields mean we have nothing verified on record, not a “no”.
MG FOREX
Score 7.6Competitive forex and CFD trading for beginners and pros alike
FXCM vs MG FOREX: the short verdict
FXCM carries the higher overall score of the two — 9.4 against MG FOREX's 7.6. FXCM lists more regulators than MG FOREX (4 to 1), including ASIC, CySEC and FCA. MG FOREX sets no minimum deposit, where FXCM asks for $50. Both run on MetaTrader 4. FXCM additionally lists Proprietary platform and Web-based; MG FOREX lists MetaTrader 5. MG FOREX is the longer-established of the two, trading since 1992 against 1999 for FXCM.
Side-by-side comparison
| Feature | FXCM | MG FOREX |
|---|---|---|
| Min Deposit | $50 | $0 |
| Raw Spread | 0.2 pips | 100$ |
| Max Leverage | Varies by jurisdiction and account type | 400:1 |
| Regulations | ASIC, CySEC, FCA, +1 others | FCA |
| Platforms | MetaTrader 4, Proprietary platform, +1 others | MT4, MT5 |
| Islamic Acc | No | No |
| Copy Trading | No | Yes |
| Overall rating | 9.4 | 7.6 |
This comparison is an independent directory listing, not financial advice or a recommendation. Trading forex and CFDs carries a significant risk of loss. Always verify a broker's regulatory status with the official authority before depositing.
Related comparisons
Other head-to-heads involving FXCM and MG FOREX.
Still deciding?
Browse the full directory and filter brokers by regulator, platform and deposit.