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FXCM

🇬🇧 United Kingdom • Est. 1999

★★★★ 4.1 / 10
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FXCM is one of the most recognized names in forex trading, founded in 1999. Despite industry changes, FXCM remains a popular broker for retail traders, particularly through its Trading Station platform.

The broker offers forex, indices, commodities, crypto CFDs, and shares. FXCM provides MT4, its proprietary Trading Station, and NinjaTrader for advanced trading strategies.

FXCM is regulated by the FCA, ASIC, CySEC, and FSCA. The broker's market research and analysis tools are industry-leading, providing traders with daily commentary, webinars, and trading signals.

Ratings Breakdown

Account Conditions
4/10
Trading Settings
4.1/10
Tools & Resources
4.3/10
Trust
4.3/10
Customer Service
4/10
User Experience
4.1/10

Pros

  • Long-established brand (since 1999)
  • FCA regulated
  • Multiple platform choices
  • Excellent market research
  • Trading Station advanced platform
  • Commission-free standard account

Cons

  • US clients limited to forex only
  • Inactivity fees
  • Withdrawal fees on bank wires

Key Details

RegulationFCA, ASIC, CySEC, FSCA
Minimum Deposit$50
PlatformsMT4, Trading Station, NinjaTrader, Mobile
LeverageUp to 1:30
AssetsForex, Indices, Commodities, Crypto CFDs, Shares
SpreadsFrom 0.2 pips

Funding

Deposit MethodsCredit/Debit Cards, Bank Wire, PayPal, Skrill, Neteller
Withdrawal MethodsCredit/Debit Cards, Bank Wire, PayPal, Skrill, Neteller

Support

24/5 Phone, Chat, Email

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