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FXCM Review | A Broker review by AnalystFX

FXCM Review

FXCM Review

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At a Glance:

Type of Broker: NDD

Country of origin: United States

Founded in: 1999

Regulation: FSA, SFC, FCM

Minimum Deposit: $2000

Min. lot size: 0.01

Max. Leverage: 1:50

Spreads: from o.1 pips

 

About FXCM

FXCM is one of the largest New York based FX dealers available to retail traders. As such, it is a well-known and trusted name in the Forex trading game. The company is even listed on the NYSE, assuring that it is going to be around for many years to come. The FXCM brand is trusted by both retail traders and professionals alike.

FXCM Review table :

Broker Information

Trading Information

Legal NameFXCMPlatform TypeMetaTrader 4, MetaTrader4 Mobile
Websitehttp://www.fxcm.com/Platform LanguagesMulti-lingual
HeadquartersUnited StatesOS CompatibilityMac OS , iOS , Windows , Android
Founded in1999Social TradingNo
RegulatorsFCM, NFA, FSA, SFC, FCMTrading SignalsYes
US ClientsYesAutomated TradingYes
Contact Number+1 212 897 7660Trade From ChartsYes
Email:info@fxcm.comBinary Option TradingNo

Account Information

E-mail AlertsNo
Minimum account size$2000Mobile AlertsNo
Maximum account sizeTrailing StopsYes
Minimum position size0.01 lotGuaranteed Stop LossNo
Spread type

 

FixedGuaranteed Limit OrdersNo
Spread on EUR/USDpips 0.1Guaranteed FillsNo
Leverage up to1:50ScalpingAllowed
Trading instrumentsCurrency, Gold & silverHedgingAllowed
Trading platformsMetaTrader 4Expert advisorsAllowed
Digits after dot4Interest on MarginNo
Margin call level100%One-Click ExecutionYes
Stop-out level20%OCO OrdersNo
Minimum distance to stop/limit orders,pips 2

Deposit and Withdraw

Number of currency pairs38Deposit MethodACH , Bank Wire Transfer , Credit Card , Debit Card
Mini AccountYesWithdraw MethodBank Wire Transfer , Credit Card , Debit Card
VIP AccountYesDeposit TimeInstant
SWAP free AccountYesAverage Withdraw Time
Segregated AccountYes

Customer Service

Demo AccountYes24 Hours SupportYes
Institutional AccountsYesCustomer Support LanguagesEnglish, Italian, Spanish, German, Russian, French, Portuguese, Greek, Hebrew, Turkish, Arabic, Chinese, Danish, Norwegian, Swedish

Support Services

Phone SupportYes
Managed AccountsYesLive Chat SupportYes
Market NewsYes

Bonus & Promotion

Market UpdateYesNo Deposit BonusNo
Educational ProgramYesDeposit BonusNo

 

Did you like the review of FXCM ? Ready to start trading with FXCM?

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