FXCM forex broker review and detailed information

FXCM forex broker review and detailed information

How does FXCM compare with its competitors? Check out also our comprehensive and fully interactive comparison of forex brokers. If you do not know what the terms in the following tables mean, read the tutorial about forex brokers first.

FXCM forex broker logo

Basic information about FXCM

WebsiteVisit FXCM
TypeNo dealing desk (NDD)
Regulated byNFA, CFTC
CountryUSA
Established in1999
Live chatyes

Trading terms

Commission (pips)0.00-0.00
Fixed spreadno
Variable spreadyes
Spread on majors (pips)2.7-3.6
Leverage200:1
Minimum deposit (USD)50
Minimum trade size (USD)10000
Accepts scalpingyes

Available features

Number of currency pairs30
Precious metals (gold & silver)no
Oilno
Stocks, Indices, and/or CFDsno
Hedgingyes
Trailing stopyes
Free automated tradingyes
MetaTrader 4yes
Mobile tradingno

Forex account

Demo accountyes
Interest on unused balanceno
Islamic swap-free accounts
Accepts U.S. citizensyes
Payment by Bank wireyes
Payment by Credit cardyes
Payment by PayPalno
Payment by checkyes
Other payment options
Account in USDyes
Account in Euroyes
Account in GBPyes
Account in CHFno
Account in JPYyes
Account in AUDyes
Account in CADyes
Account in NZDyes
Account in CZKno
Account in DKKno
Account in HKDno
Account in ILSno
Account in NOKno
Account in PLNno
Account in RMBno
Account in RURno
Account in SEKno
Account in SGDno
Account in ZARno

Languages

Arabicyes
Chineseyes
Czechno
Dutchno
Englishyes
Frenchyes
Germanyes
Greekno
Hebrewno
Indonesianno
Italianyes
Japaneseno
Koreanno
Malaysianno
Polishno
Portugueseyes
Russianyes
Spanishyes
Turkishno

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FXCM customer reviews

Are you a satisfied customer? Or you want to share a scary story? Tell the world about your real-life experience with this forex broker! While writing your review, please also specify for how long time you have been trading with them and what trading style you use (for example news trading, grid trading, scalping, etc.). Readers with a similar trading strategy will pay more attention to your comment. Only genuine broker reviews will be published; posts promoting a website and generic comments will be removed.



Tara Rose
2012-09-29
I have been using FXCM for over a year now. I am extremely satisfied with their customer service. I requested a transfer (withdrawal) of $400.00 out of my account around 2:00 pm on Friday afternoon and Saturday morning my money was in my checking account. I am sure the spreads are tighter with other ECNs but I have absolute faith in this company. I have found their platform to be one of the easiest platforms to read and figure out. I did try the Meta4 but went back to their platform.

FXCM is a registered Futures Commission Merchant and Retail Foreign Exchange Dealer with the Commodity Futures Trading Commission and is a member of the National Futures Association. I wouldn't do business with anyone that were not members of these two organizations.


lisahenry
2011-06-09
Good Stuf! FXCM are globally recognised for their trading services and are one of the top Forex brokers out there today.


sonny
2011-04-21
i am using their platform.The best platform so far.


Reidyk
2010-04-24
I'm using MT 4 account and is well working.I can recommend.


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