Advantages: Social trading is allowed, low trading fees, great research offering
Disadvantages: None
Comment: I chose this broker because it provided social trading, and as you may know, it can be a challenge to find such a broker. I was surprised with the educational materials there, and it actually helped me take my trading skills to a new level.
As for the disadvantages, I haven't found any, and that's why I highly recommend turning to this broker, low trading fees there are pretty attractive.
Advantages: Good broker
Disadvantages: None
Comment: I’m an algorithmic trader, and FXCM gives me full API support. Their customer service has been helpful for any api help I need. My previous broker was Oanda, but they activated my account and didn’t allow me to continue using algorithmic trading because I was profiting consistently. I’m glad I’ve found FXCM. Lastly, there’s no delay in withdrawal.
Advantages: Many instruments to trade
Disadvantages: Negative public perception
Comment: I believe that FOREX trading is a nightmare... I have been reading about almost all the #1 rated FOREX trading platforms and they all suck... When money is involved in any type of business, you are intitled to getting your money stolen if you dont have first hand on your accountband with FORESX trading you are at the mercy of individuals you dont know... and the only res^ponse you will get is that FOREX trading is high risk and you are the loser.
Advantages: No problems with withdrawals, helpful customer support
Disadvantages: I haven't found them
Comment: I know that broker over 2 years and can't say anithing bad about it. In my view, there are really good trading conditions and also very smart customer support. This broker works since 1999 and I think it is a proof of it's reliability.
Advantages: Good apps and support
Disadvantages: Not happy with execution time
Comment: Got used to FXCM for almost eight years and since then I did not find the better app than FXCM Trading Station. The FXCM’s Marketscope is a genius tool, which I find very handy. In those old days, I just used the trading station in a demo mode to watch trends on a daily basis, but I could not afford the first deposit – 50K USD. These days it is not a problem, but I am not happy with execution time comparing to others. As for the rest, FXCM is good at all. I would particularly like to mention their friendly support, very informative website and no problems with depositing or withdrawals.
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
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.
Comment: I'm not sure about this broker, hear they were fined by CFTC, anyone still using them?
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.