Broker Review
← Back to Brokers
Open Account at FXCM
Open Account at FXCM
FXCM
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
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
| Regulation | FCA, ASIC, CySEC, FSCA |
|---|---|
| Minimum Deposit | $50 |
| Platforms | MT4, Trading Station, NinjaTrader, Mobile |
| Leverage | Up to 1:30 |
| Assets | Forex, Indices, Commodities, Crypto CFDs, Shares |
| Spreads | From 0.2 pips |
Funding
| Deposit Methods | Credit/Debit Cards, Bank Wire, PayPal, Skrill, Neteller |
|---|---|
| Withdrawal Methods | Credit/Debit Cards, Bank Wire, PayPal, Skrill, Neteller |
Support
24/5 Phone, Chat, Email
User Reviews
No reviews yet. Be the first to share your experience!
