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. 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
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FXCM
Practice Trading Forex Risk Free

We 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!

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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.

Serge   5 August, 2018  

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.

Edna   12 July, 2018  

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   15 June, 2018  

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.

Vovk   9 June, 2018  

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  
  


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