Forex broker FXCM

3.6
4 reviews
PAYMENT SYSTEMS
  • Deposit
  • Withdrawal

General information FXCM

Founded in: 1999 year
Headquarters: USA
Offices in the country:
Australia, United Kingdom, Germany, Hong Kong, Greece, Italy, USA, France
Minimum Deposit: 0 $
Website: www.fxcmrussian.com
Website languages:
English, Arabic, Vietnamese, Greek, Hebrew, Bahasa Indonesia, Spanish, Italian, Chinese, German, Filipino, French
Execution model:
NDD
Deposit currency : USD, EUR, GBP, AUD, CHF, CAD, NZD
Support languages: English
Regulated by:
ASIC (Australia) license №AFSL 309763
FCA (United Kingdom) license №217689
Mobile trading: iOS, Android
Types of offered accounts:
Unlimited Demo accounts, Standard accounts, Micro accounts
Affiliate program: No

About FXCM

The FXCM (Forex Capital Markets) is a truly experienced broker that renders professional services on the Forex market for more than 15 years. It is noteworthy that this company was the first that offered its users all conditions for carrying out a full-optioned online trading in the end of 90s. The FXCM always tended to provide the most profitable trading terms and guarantee the total fund safety for its customers. Nowadays the broker has official offices and commercial locations in almost all large cities (London, Dubai, Paris, Sidney, etc.).

The brokerage company FXCM is licensed by several authoritative, financial regulatory bodies. The broker obtained a permission to conduct activity from the National Futures Association (NFA) and from the Commodity Futures Trading Commission (CFTC). Moreover, the FXCM broker regularly wins various prestigious awards in such categories, as The Best Forex Brand, The Best Proprietary FX Platform and many others. The broker’s annual retail customer trading volume is $250 billion. See more details on the brokerage company’s important news and events here.

The beginning traders are able to assess the educational content quality, which is available for free on the FXCM company’s website. You can take a full course of training from studying the basics up to obtaining more in-depth knowledge to carry out successful and lucrative trading on the Forex market. The users may enjoy using an entire library full of free literature. Moreover, the brokerage company Forex Capital Markets regularly holds Forex webinars with respectable experts featuring. In case you wish to test the acquired knowledge, you can start risk-free trading via demo account. If you wish to participate actively in the life of a broker to go FXCM webinars.

The FXCM analytics section includes a wide range of tools for conducting technical analysis, making different charts, and obtaining information about the most efficient and actual trading signals. We recommend to study in detail FXCM analysis. The clients may also subscribe for a free newsletter containing market research, reviews, news, and other contents from DailyFX.com. Furthermore, you are always free to use convenient and functional calendar of the most significant economic events. Pay attention to the FXCM review.

We can submit the following terms of the broker FXCM as competitive advantages with full confidence:

  • - extremely tight spreads. Thus, this broker ideally matches users preferring automated trading and scalping strategy;
  • - no additional charging, just quotes and a transparent pricing model;
  • - no conflict of interest between clients and the broker;
  • - all deals amounts are shown in advance;
  • - the widest range of attractive and on-demand trading instruments (popular currency pairs, CFD, gold, silver, oil, indices, shares and many other instruments);
  • - hedging;
  • - standard, mobile and Web platforms.

The absence of bonuses, promotions and other means of trading, that used to encourage and attract clients, are definitely the FXCM broker’s shorting. We recommend inspecting traders’ testimonials carefully subjected to the collaboration with the FXCM. Discover current FXCM promotions. You can view opinions and recommendations from independent users on this page of the Topbrokers.com web portal. It is worthwhile adding that you are free to leave your own testimonial if you wish. Actual FXCM news you can read here.

Trading accounts of FXCM

  • Standart
  • Mini
  • Active Trader
Trading platforms: FXCM Trading Station, MetaTrader 4, NinjaTrader, Meta Trader 4 Mobile, Zulutrade
Minimum Deposit : 5000 $
Deposit currency :
USD - US Dollar
EUR - Euro
GBP - British Pound
AUD - Australian Dollar
CHF - Swiss Franc
CAD - Canadian Dollar
NZD - New Zealand Dollar
Trading instruments:
Forex 1:100
Number of currency pairs: 37
  • AUD/CAD
  • AUD/CHF
  • AUD/EUR
  • AUD/JPY
  • AUD/NZD
  • AUD/USD
  • CAD/CHF
  • CAD/EUR
  • CAD/JPY
  • CHF/JPY
  • EUR/JPY
  • EUR/NOK
  • EUR/NZD
  • EUR/SEK
  • EUR/TRY
  • EUR/USD
  • GBP/AUD
  • GBP/CAD
  • GBP/CHF
  • GBP/JPY
  • GBP/NZD
  • GBP/USD
  • NZD/CAD
  • NZD/CHF
  • NZD/JPY
  • NZD/USD
  • TRY/JPY
  • USD/CAD
  • USD/CHF
  • USD/CNY
  • USD/JPY
  • USD/MXN
  • USD/NOK
  • USD/SEK
  • USD/TRY
  • USD/ZAR
  • ZAR/JPY
CFD's 1:10
Amount of assets : 57
  • Indices
  • Commodity
Metals 1:200
  • Gold
  • Silver
Energy sources 1:200
  • Oil
  • Gas
Stop Out:
100 %
Minimum position size:
0.01
Max. number of orders:
Execution type:
Instant Execution
Swap Free:
No
VIP Account:
No
Spread type:
Floating
Decimal places:
5 decimal places
Margin Call:
100 %
Speed ​​of execution:
0.2 sec.
Commission:
No
Phone trading:
No
Trading platforms: FXCM Trading Station, MetaTrader 4, NinjaTrader, Meta Trader 4 Mobile, Zulutrade
Minimum Deposit : 0 $
Deposit currency :
USD - US Dollar
EUR - Euro
GBP - British Pound
AUD - Australian Dollar
CHF - Swiss Franc
CAD - Canadian Dollar
NZD - New Zealand Dollar
Trading instruments:
Forex 1:100
Number of currency pairs: 37
  • AUD/CAD
  • AUD/CHF
  • AUD/EUR
  • AUD/JPY
  • AUD/NZD
  • AUD/USD
  • CAD/CHF
  • CAD/EUR
  • CAD/JPY
  • CHF/JPY
  • EUR/JPY
  • EUR/NOK
  • EUR/NZD
  • EUR/SEK
  • EUR/TRY
  • EUR/USD
  • GBP/AUD
  • GBP/CAD
  • GBP/CHF
  • GBP/JPY
  • GBP/NZD
  • GBP/USD
  • NZD/CAD
  • NZD/CHF
  • NZD/JPY
  • NZD/USD
  • TRY/JPY
  • USD/CAD
  • USD/CHF
  • USD/CNY
  • USD/JPY
  • USD/MXN
  • USD/NOK
  • USD/SEK
  • USD/TRY
  • USD/ZAR
  • ZAR/JPY
Metals 1:200
  • Gold
  • Silver
Energy sources 1:200
  • Oil
  • Gas
Stop Out:
100 %
Minimum position size:
0.01
Max. number of orders:
Execution type:
Market Execution
Swap Free:
No
VIP Account:
No
Spread type:
Floating
Decimal places:
5 decimal places
Margin Call:
100 %
Phone trading:
No
Trading platforms: FXCM Trading Station, MetaTrader 4, NinjaTrader, Meta Trader 4 Mobile, Zulutrade
Minimum Deposit : 25000 $
Deposit currency :
USD - US Dollar
EUR - Euro
GBP - British Pound
AUD - Australian Dollar
CHF - Swiss Franc
CAD - Canadian Dollar
NZD - New Zealand Dollar
Trading instruments:
Forex 1:100
Number of currency pairs: 37
  • AUD/CAD
  • AUD/CHF
  • AUD/EUR
  • AUD/JPY
  • AUD/NZD
  • AUD/USD
  • CAD/CHF
  • CAD/EUR
  • CAD/JPY
  • CHF/JPY
  • EUR/JPY
  • EUR/NOK
  • EUR/NZD
  • EUR/SEK
  • EUR/TRY
  • EUR/USD
  • GBP/AUD
  • GBP/CAD
  • GBP/CHF
  • GBP/JPY
  • GBP/NZD
  • GBP/USD
  • NZD/CAD
  • NZD/CHF
  • NZD/JPY
  • NZD/USD
  • TRY/JPY
  • USD/CAD
  • USD/CHF
  • USD/CNY
  • USD/JPY
  • USD/MXN
  • USD/NOK
  • USD/SEK
  • USD/TRY
  • USD/ZAR
  • ZAR/JPY
CFD's 1:200
Amount of assets : 47
  • Indices
  • Commodity
Metals 1:200
  • Gold
  • Silver
Energy sources 1:200
  • Oil
  • Gas
Stop Out:
100 %
Minimum position size:
0.01
Execution type:
Market Execution
Swap Free:
No
VIP Account:
No
Spread type:
Floating
Decimal places:
5 decimal places
Margin Call:
100 %
Phone trading:
Yes

Contacts of FXCM

Headquarters
United States of America , New York Уотер-стрит, 55 show on the map
Branch
United Kingdom , London Lower Thames Street, Northern and Shell Building 10 show on the map
+44 20 7398 4051 Local number
Branch
Germany , Берлин Nürnberger Straße , 13 show on the map
+49 (0)30 / 801 9722-0 Local number
Branch
Australia , Сидней Kent Street , Suite 1402 show on the map
1800 109 751 Hotline
Branch
France , Paris Avenue Franklin D.Roosevelt , 35 show on the map
0800 90 95 44
Branch
Italy , Леньяно Via Francesco Crispi, 17 show on the map
+39 0331 884001
Branch
Greece , Athens Vouliagmenis Ave, 98 show on the map
+30 210 9690 406/8
Branch
Japan , Токио 1-5-1 Otemachi, Chiyoda-ku , 1-5-1 show on the map
+81-3-5219-1281
Branch
Hong Kong , Hong Kong, China 28 Yun Ping Road, Causeway Bay, 28 show on the map
+85234709038 Local number

Recent reviews of FXCM

Vlad Vasiliev 24 April 2017

Advantages: All-round excellent service

Disadvantages: Checkered past

Comment: I know all about FXCM's troubles as Wallace mentioned before and they have probably settled even more quietly, but this is the best time to use FXCM. They're desperately looking for new clients now and they will not try any funny business. Speaking as someone who has been using their services for a month only, excellent broker, so far

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Gregory Szabo 18 April 2017

Advantages: Many instruments to trade

Disadvantages: Negative public perception

Comment: I'm giving 3 stars because I'm no longer trusting of this broker, even though I've been with them for several years. Of late, I've noticed increased slippage and losses, and this has nothing to do with the easter holidays. It's making me suspicious and I'm thinking of switching brokers.

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James Kirkland 23 March 2017

Comment: I'm not sure about this broker, hear they were fined by CFTC, anyone still using them?

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Wallace Jones 08 April 2017

Yeah, this broker has had has a lot of problems with regulators. I know some people who use FXCM and they say they are good broker, but there are better brokers.

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FXCM webinars and seminars

18:5501 AUGUST, 2017
Webinar: “Traits of Successful Traders” - FXCM

FXCM is working with some experts that are committed in teaching about any Forex-related matters. It is never easy to find succes ...

participate

FXCM is often compared with

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