FXCM Review, Rating and Comparison

Overview

FXCM Trading Accounts

Rank
7.7/10
Based on 60 Reviews
Position in Rating
3
Since 06 August, 2015
Vote
Company Reviews
«I Trust» 0% (0) Standart 100% (60) «Scam Alert» 0% (0)
Official Name
FXCM
Headquarters
55 Water St., 50th Floor New York, NY 10041 USA
Offices in
United Kingdom, Australia, Greece, Canada, Hong Kong, United States of America, Japan, Germany, France, Italy
Year founded
1999
Official Website
Official e-mail
Phone numbers
+12128977660
+16463550839

FXCM - one of the largest Forex brokers in the world, started its activities in 1999. The company is regulated by the UK Financial Services Authority (FSA) and executed within strict financial standards, including the requirement set out sufficient capital. FXCM provides its clients its own trading platform - FX Trading Station - which allows customers to conduct transactions on the interbank financial markets in No Dealing Desk mode, selecting quotes from leading banks.

 

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Detailed Information

Min. Position Size, lot:
1000
Min. Account Size, $:
2000
Max. Leverage
1:50
Spread:
0.1
Payment Options:
Bank Wire Transfer, Visa \ MasterCard
Regulation:
ASIC, BaFin, FCA, FSA, NFA, CFTC
US Traders:
Allowed
Demo Platforms:
MetaTrader 4, Own platform
Account Currency:

USD, EUR, GBP, AUD, CAD, CHF, DKK, JPY, NZD, PLN, SGD, CCK, HKD, HUF, MXN, NOK, SEK, TRY, ZAR, HRK, XAU, XAG, RUB

Website Languages:
English, Spanish, Russian, German, Portuguese, French, Arabic, Japanese, Indonesian, Chinese, Italian
Support Languages:
English, Spanish, German, Portuguese, French, Arabic, Japanese, Indonesian, Chinese, Italian
Support Methods:
Callback, Phone, Email, Live chat
Trading Server Timezone:
GMT
VPS for Traders:
Free MT4 Virtual Private Server (VPS) Hosting.
Standard
Active Trader
Private Client Group
Min. Position Size, lot:
1
Min. Account Size, $:
2000
Maximum leverage, 1:
400
Spread Type:
Fixed
Typical spread on EUR/USD, pips:
0.2
Min. spread on EUR/USD, pips:
0.2
Trading Instruments:
Forex — 1:400
Gold & silver — 1:400
CFD — 1:400
Oil — 1:400
Trading Platforms:
MetaTrader 4, Own platform
Digits after the decimal point in quotes:
5
Margin Call Level, %:
100
Stop-out Level, %:
100
Additional Features:
  • Swap Free
  • VIP
  • Telephone dealing
  • Scalping
  • Expert advisors
Min. Position Size, lot:
1
Min. Account Size, $:
25000
Maximum leverage, 1:
200
Spread Type:
Variable
Typical spread on EUR/USD, pips:
0.7
Min. spread on EUR/USD, pips:
0.1
Trading Instruments:
Forex — 1:200
Trading Platforms:
MetaTrader 4, Own platform
Digits after the decimal point in quotes:
5
Margin Call Level, %:
100
Stop-out Level, %:
100
Additional Features:
  • Swap Free
  • VIP
  • Telephone dealing
  • Scalping
  • Expert advisors
Min. Position Size, lot:
1
Min. Account Size, $:
150000
Maximum leverage, 1:
400
Spread Type:
Variable
Typical spread on EUR/USD, pips:
2.5
Min. spread on EUR/USD, pips:
1.0
Trading Instruments:
Forex — 1:400
Gold & silver — 1:400
CFD — 1:400
Oil — 1:400
Trading Platforms:
MetaTrader 4, Own platform
Digits after the decimal point in quotes:
5
Margin Call Level, %:
100
Stop-out Level, %:
100
Additional Features:
  • Swap Free
  • VIP
  • Telephone dealing
  • Scalping
  • Expert advisors

FXCM Reviews

avatar
16 October, 2018

Jeremmy from Canada

10

I read some bad reviews about FXCM that made me think maybe they are not a reliable broker. But now I trade with FXCM on the live account for 6 months and have no problems at all. I think maybe bad reviews from people who joined this broker when they just entered the market. I didn’t detect the problems they mentioned in their reviews. Execution always fast, spreads are low and withdrawals are smooth. I satisfied with this brokerage.

avatar
10 October, 2018

Clerk from Croatia

8

I like everything here, and completely satisfied with the work of this broker and recommend it to my friends, already almost everyone with whom i communicate on trading topics have moved here to trade, by the way I have my own bonus program, any third-party services are no longer needed

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10 October, 2018

Julio from Italy

10

this broker is normal, everything is done steeply from a personal account, ending with trading conditions and other services.

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10 October, 2018

Lily Juan from France

9

I trade stocks and options. Recently I decided to try myself in forex. Contrary to the unregulated market and a different nature, he still opened an account with hycm. Drawing parallels with stock brokers, this one is no worse. Using seminars and analytics, it turned out to make up to 40% of the profit starting January. The market is certainly different, but if there is a good broker and a profitable system, then the result is guaranteed. In addition, trading signals from a broker can also be a good support to reinsure the risks of their own inexperience.

avatar
09 October, 2018

Cony Menkin from Serbia

9

My opinion is positive, but there is no meta platform, which I used to on the previous platform. But I discovered CFD, I trade on a premium account, I get up to 50% of the transaction. Everything is real.

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14 September, 2018

Timo-Jaakko from Israel

9

I work on the exchange brings only pleasure. The broker fulfills his duties and has not forced me to doubt during their time with them to doubt their reliability, which I consider a good indicator.

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13 September, 2018

Lionel from Canada

9

Hello! I had a small profit, I worked on normal work. But it all went very different when I linked my life with FXCM. With this broker I earn good money and no longer think where to get money for the life that I want.

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06 September, 2018

Tommy from Norway

8

I want to leave a tip for beginning traders. I advice all guys FXCM because where i just didnt trade wasnt convenient and the withdrawal of funds takes a long time and here everything is excellent support service responds quickly and efficiently in general all with a bang! No problems whatsoever!

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14 August, 2018

Stanislaw Bass from Russian Federation

9

A normal company. I like the analyst there more. Forecasts are not 100%, but they are at the top level. Indicators are many different. And the support is good. I myself started trading when a friend from Kazakhstan heavily financed them, so im not looking for another broker.

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13 August, 2018

Vernon from Iceland

9

All can cooperate with this broker. Everything is legal and there is great hope that one's rights can be defended. The platform is normal trading, analysts are also literate, the company even participates in different programs. The training process is set well, constantly master classes, meetings, serious analytical materials are provided on an ongoing basis.

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