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FXCM or Swissquote (MIGBank) ?

So you probably want to choose one of FXCM and Swissquote (MIGBank). Let us help you by giving some important information about them.

FXCM has launched in 1999 while Swissquote (MIGBank) has been founded in 2003. FXCM has been settled in USA while Swissquote (MIGBank) is located in Switzerland. Worth-noting that FXCM is regulated under NFA, CFTC, RFED, FSPR while the regulations for Swissquote (MIGBank) include: FINMA. You should take into consider that the minimum deposit for opening an account in FXCM is $2000 and it is $2000 for Swissquote (MIGBank). Also the maximum leverage FXCM is offering to its clients is 1:200 and it is 1:500 for Swissquote (MIGBank).

Broker #1
Broker #2

Company Details:
Broker NameFXCMSwissqoute (MIGBank)
Founded in:19992003
Accept US Clients:YesNo
Support Languages:English, Arabic, Chinese, French, German, Hebrew, Italian, Malay, Portuguese, Russian, Spanish, Thai, OthersEnglish, Arabic, Bahasa, Chzeck, French, German, Hungarian, Italian, Japanese, Korean, Malay, Portuguese, Russian, Slovak, Spanish, Others
Trading Conditions:
Min Deposit:$2000$2000
Max Leverage:1:2001:500
Min Trade Size:1 Micro Lot (1,000)1 Micro Lot (1,000)
Platforms:MT4 (MetaTrader 4), MirrorTrader, ZuluTrader, NinjaTraderMT4 (MetaTrader 4), MT5 (MetaTrader 5)
Gold | Silver:
EA Trading:YesYes
4 Digit Account:NoYes, No
Spread Type:Variable SpreadVariable Spread
Mobile Trading:YesYes
Web Trading:YesYes
Account Options:
Broker Type:NDDSTP
SWAP Free (Islamic):YesYes
Cent Account (Nano):NoNo
Micro Account:NoYes
PAMM Account:YesYes
Deposit Currencies:USD, EUR, GBP, JPY, CHFUSD, EUR, GBP, JPY, CHF, PLN, AUD, SGD, CAD, Others
Deposit Methods:Visa/Master Card, Wire Transfer, OthersPayPal, Visa/Master Card, Wire Transfer, Others
Withdrawal Methods:Visa/Master Card, Wire Transfer, OthersPayPal, Visa/Master Card, Wire Transfer, Others
Demo Expire:4 Weeks in case of not using30 Days
Rebate Service:
No Deposit Bonus:NoNo
Welcome Bonus:NoNo
Deposit Bonus:NoNo
Forex Contest:NoYes, On Demo Account
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