FXCM - Forex Broker information, rating, reviews
Forex Capital Markets, LLC
FXCM Voters Rating: 83 %, 17%
Traders Rating:
4
FXCM licenses and regulations: CFTC, FCA, ASIC, SFC, CONSOB, NFA, BaFin, ACP
FXCM website
Trading software: FXCM Trading Station Desktop/Web/Mobile, FXCM Active Trader, Mirror Trader, MetaTrader4, NinjaTrader, ZuluTrade
Headquartered: 55 Water St. FL 50, New York, NY 10041
Forex Capital Markets, LLCÂÂ is a leading online provider of foreign exchange (forex) trading and related services to retail and institutional customers world-wide.
At the heart of FXCM's client offering is No Dealing Desk forex trading. Clients benefit from FXCM’s large network of forex liquidity providers enabling FXCM to offer competitive spreads on major currency pairs. Clients have the advantage of mobile trading, one-click order execution and trading from real-time charts. FXCM's U.K. subsidiary, Forex Broker Capital Markets Limited is also a provider of CFD products with no re-quote trading and allows clients to trade oil, gold, silver and stock indices along with forex on one platform.ÂÂ
FXCM broker was established in 1999 and is headquartered in New York, United States of America. FXCM forex is one of the oldest and most stable and reliable investment companies operating currently on the international financial markets.ÂÂ The company’s operation is licensed and regulated by the following major financial regulators: CFTC and NFA in the United States ofÂÂ America, FCA in the United Kingdom, ASIC in Australia,ÂÂ SFC in HongÂÂ Kong, CONSOB in Italy Autorité de Contrôle Prudentiel (ACP) in France and authorized in Germany by the Bundesanstalt für Finanzdienstleistungsaufsicht.ÂÂ The broker offers forex trading on a wide range of trading platforms such as FXCM Trading Station Desktop, FXCM Trading Station Mobile, FXCM Active Trader, FXCM web trading station, Mirror Trader and the most popular in the world MetaTrader4 trading station. Each active trader will find the software which will suit exactly to them with the broker forex.ÂÂ The minimum deposit is $2000 for a standard account with leverage approximately 50:1 and pip spread on majors approximately ranging from 0.2 to 1.5.
In addition, FXCM offers educational courses on forex trading and provides free news and market research through DailyFX.com. FXCM provides its’ customers with all kinds of financial data on a daily basis, including technical analysis, market overviews and financial newsfeeds necessary for taking a considered trading decision and commit a profitable trade.
For the novice traders FXCM forex broker offers free services of its’ Educational Center providing customers with a lot of learning courses, trading tutorials, book, webinars and much more. The broker’s multilingual client support team works on 24/7 basis and is always ready to solve any customer’s problem fast and effectively. The funds depositing and profit withdrawal are possibly through multiple payment systems and are fulfilled in no time.ÂÂ
On the Forex Capital Markets’ profile page at our site you can read FXCM reviews by other traders as well as write your personal FXCM review of your personal experience with the broker in our broker rating. To add a review you need to login to the site.
FXCM Trading information
| WWW | http://www.fxcm.com/ |
|---|---|
| Address | 55 Water St. FL 50, New York, NY 10041 |
| Headquarters | New York |
| Free phone | +1 212 897 7660 |
| 24 hour support | |
| Trust management | |
| Partnership programs | |
| Expert advisors | |
| Free education | |
| Bonuses, Promotions | |
| Forex contests, competitions | |
| Mobile trading | |
| Automated trading | |
| Daily analysis | |
| Demo account | |
| Swaps | |
| 24 hour trading | |
| Accepts US traders | |
| Commissions | |
| Digits after the dot in quotes | 5 |
| Minimum position size | 0.01 |
| Spread Type | variable |
| Pip spread on majors | 0.2-1 |
| Leverage | 50 |
| ECN, $ | |
| Standard account, $ | 2000 |
| Mini account, $ | 2000 |
| Other payment methods | |
| Popular payment methods | Credit Cards, Wire Transfer, Check, ACH |
| Account currencies | EUR, USD, GBP, AUD, CHF, JPY, CAD |
| Other instruments | Stocks, Metals, Oil |
| Other languages | |
| Languages | English, Spanish, French, German, Russian, Arabic, Korean, Chinese, Portuguese, Italian, Turkish, Greek |
| Platforms | FXCM Trading Station Desktop/Web/Mobile, FXCM Active Trader, Mirror Trader, MetaTrader4, NinjaTrader, ZuluTrade |
| Broker type | Broker |
| Regulation | CFTC, FCA, ASIC, SFC, CONSOB, NFA, BaFin, ACP |
| Foundation | 1999 |
FXCM Reviews and Comments
It's definitely that broker I want to stay with in a long run. Company survived after swiss franc super extreme volatility last year caused by unexpected policy of Swiss National Bank. The number of FX brokers reported huge losses and bankruptcies but not this one. FXCM survived and keep on working till now. So it is a very good sign of stable company. In case when you have profitable strategy and generate positive returns, this broker is number one I would recommend.
I am trading in forex with FXCM. It offers the particular conditions for active trader. I enjoy this special account! Here I get help from a manager trained in a special way, who provides an individual support presenting the products and tools of the broker, recommending techniques. Moreover he promises to promote my withdrawals and all processing connected with it. Real-time feedback from experts is available here. I can count on privileges as to commissions, which make almost 55 % less compared to the standard amount. Satisfied!
I agree that this Forex trading platform is easy to understand and its customer support is helful. So, if you know how political and economic events in different countries affect the price of the currency and your trading opportunities, you can count on success within this broker. It offers the large leverage level so if there is no amount needed to trade I still can deal. This broker offers really good trading conditions. There are no stop and limit restrictions on popular indices here so I can take advantage of market volatility.
FXCM has good trading conditions and always was a reliable broker. But now their reputation is more and more crushing down. A lot of problems with a platform and SL hunting made me change this broker to another one. Fortunately, I found really good ECN broker and now my trading are on the next level. If you are looking for a broker that you can trust with your money, I am ready to help.
FXCM Forex News
September 7, 2016FXCM Launches New Forex Market Depth Indicator
FXCM Inc., a leading online provider of forex trading, Contract for Difference (CFD), and related services, announces today the launch of the Forex Market Depth Indicator exclusively for its flagship Trading Station platform...
March 2, 2016
FXCM Reports Spread Data for 2015
FXCM Inc., a leading online provider of foreign exchange (FX) trading and related services, today reported its worldwide average spread data on a few of its top currency pairs...
January 26, 2016
FXCM Integrates CFD Pricing Into FlexTrade's Technology
FXCM Inc. with FlexTrade Systems Inc. today announced the integration of FXCM's CFD pricing into FlexTrade's technology. FXCM through FXCM Pro focuses heavily on its wholesale business, which services brokers, funds, and emerging market banks...
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July 15, 2015
FXCM Reports Monthly Metrics for June 2015
FXCM Inc. today announced certain key customer trading metrics for June 2015 for its retail and institutional foreign exchange business...
January 13, 2015
FXCM to Present at the 15th Annual CJS Securities "New Ideas for the New Year" Investor Conference
FXCM Inc. (NYSE:FXCM) today announces that Chief Executive Officer, Drew Niv and Chief Financial Officer...