FXCM - Forex Broker information, rating, reviews
 | FXCM 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. 20 Gresham Street, 4th Floor, London EC2V 7JE |
The FXCM group of companies (FXCM Group) is a leading provider of online foreign exchange (forex) trading, CFD trading, spread betting and related services.
FXCM is committed to offering a diverse suite of innovative trading tools, market news, and education to the trading community. 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.
FXCM broker was established in 1999. 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 MetaTrader4 trading station. The minimum deposit is £300 (only applicable to FXCM LTD clients) for a standard account with maximum leverage 30:1 (only applicable to FXCM LTD retail clients), and pip spread on majors approximately ranging from 1.3 to 1.5.
FXCM provides traders with access to numerous services, such as trading analytics, API trading, FXCM Apps and programming services.
For the novice traders FXCM offers education to the trading community via trading tutorials, webinars and much more. The broker’s multilingual client support team works on 24/7, five days a week basis and is always ready to solve any customer’s problem fast and effectively. The funds depositing and profit withdrawal are possible through multiple payment systems and are fulfilled in no time.
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. Gresham Street, 4th Floor, London EC2V 7JE |
| Headquarters | London |
| Free phone | +44 (0) 207 903 6192 |
| 24 hour support | |
| Partnership programs | |
| Expert advisors | |
| Free education | |
| Forex contests, competitions | |
| Mobile trading | |
| Automated trading | |
| Demo account | |
| Swaps | |
| 24 hour trading | |
| Commissions | |
| Digits after the dot in quotes | 5 |
| Minimum position size | 1k minimum lot size |
| Spread Type | variable |
| Pip spread on majors | 1.3-1.5 |
| Leverage | 30 |
| ECN, $ | |
| Standard account, $ | 300 |
| Mini account, $ | N/A |
| Popular payment methods | Debit/Credit Card, Paper Cheque, EFT & Bank Wire (electronic funds transfer), Skrill |
| Account currencies | EUR, USD, GBP, AUD, CHF, JPY, CAD |
| Other instruments | Indices, Commodities, Treasury, Forex |
| Languages | English, Spanish, French, German, Arabic, Chinese, Italian, 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 |
FXCM materials
UK economic data for July will be released this week. The first set of such data, post referendum and the Brexit Impact. The CPI figures (YoY and MoM) and the Core CPI (YoY) will be released at 09:30 GMT+1 on Tue 16th August...
Forex ReviewsWe give you a $50,000 practice account to help you get comfortable trading forex on our platform, along with a free forex trading guide. Try it now!
Featured brokersGerman consumer confidence will rise in February from a 7-month low, according to the GFK survey. The survey result was reported at 5.8, slightly higher than an expected 5.7 and better than January's revised 5.7 survey result...
Forex ForecastsThough its recent gains have been particularly reserved, the Dow Jones FXCM Dollar (ticker = USDollar) managed to fourth consecutive daily advance through Monday's close...
Forex ForecastsThe British Pound broadly underperformed in overnight trade, down against its top counterparts. The selloff followed comments from incoming Bank of England Governor Mark Carney...
Forex ForecastsThe European Central Bank is in focus as it releases details of next week's first 3-year LTRO repayment. The central bank gave lenders the option to return the money early when it conducted the repo operations. Repayments will be held weekly on the last business day starting January 30...
Forex ForecastsFXCM Rating
Current Rating: 79 %, 21 %
Traders Rating: 
FXCM latest reviews
Have been trading with FXCM for several months by now. All in all I'm quite satisfied. I don't get huge profits so far, but I'm still learning the industry.
The FXCM demo account is one of the best things about this broker. I've had lots of fun using it. I didn't make any money of course but it's been a blast.
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
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.
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!