FXCM - Forex Broker information, rating, reviews

FXCMFXCM website
Status
Regulation FCA, ASIC, SFC, CONSOB, BaFin, ACP
Trading software FXCM Trading Station Desktop/Web/Mobile, FXCM Active Trader, MetaTrader4, NinjaTrader, ZuluTrade
Headquartered Forex Capital Markets Ltd. Northern & Shell Building, 10 Lower Thames Street, 8th Floor, London EC3R 6AD

Forex Capital Markets, LLC 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.ВВ 

FXCM broker was established in 1999. FXCM forex is one of the oldest and most stable and reliable investment companies operating currently on the international financial markets. The company’s operation is licensed and regulated by the following major financial regulators: FCA in the United Kingdom, ASIC in Australia, SFC in Hong Kong, CONSOB in Italy Autorité de Contrôle Prudentiel (ACP) in France and authorized in Germany by the Bundesanstalt für Finanzdienstleistungsaufsicht. 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 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. 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. 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.ВВ 

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 Forex Capital Markets Ltd. Northern & Shell Building, 10 Lower Thames Street, 8th Floor, London EC3R 6AD
Headquarters London
Free phone +44 (0) 207 903 6192
24 hour support
Partnership programs
Trust management
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, MetaTrader4, NinjaTrader, ZuluTrade
Broker type Broker
Regulation FCA, ASIC, SFC, CONSOB, BaFin, ACP
Foundation 1999
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Current Rating: 77 %, 23 %


Traders Rating:


FXCM latest reviews

Very disappointed of FXCM after regulators revealed some sort of scam with liquidity providers made by broker. You can find information on internet about this fraud. Mostly all liquidity providers had no access to interbank liquidity. Thus, fxcm has provided fake information. FXCM had a share and mutual interest using such a bad practice. No Tier-1 liquidity providers were found at all. Since that, all US customers were transferred to forex.com. I don't know if there is some way to work with new company... However, fxcm is not that good firm as it was for so many years. This is fact!

AllisWong   20 March, 2017  

It's well known company and has a huge amount of credibility. Don't read this bullshit about frauds and money withdrawal delays. Never ever within my experience I had problems with delays, off quotes or transferring money to my paypal or bank account. Just think how many people complain on bad service but lost money only because of their greed and fear? Broker works perfectly, trading platform is one of the best you can find among others and it is regulated

derek_one   31 December, 2016  

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.

Steve   1 July, 2016  

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!

Christos   23 June, 2016  

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.

IndieKid   3 June, 2016  
  


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