FXCM

FXCM's award winning Trading Station platform can take advantage of mobile trading, one-click order execution, and trading from real-time charts. Company is a global provider of forex trading offering large network of Forex liquidity institutions.

Overview

FXCM is one of the largest and most advanced Forex brokers on the web. It was founded in 1999 and since then it has turned into the favorite choice of millions of traders who are looking for a reliable, user-friendly and modern broker.

FXCM's services are available to customers from around the entire world and the company is regulated by the following regulatory bodies: NFA, CFTC, SFC, ASIC, CONSOB, FCA, DGCX, BaFIN, ACP and AMF. Their website is available is over 10 languages, including Arabic, Russian, Hebrew, English, German and more.

Platforms & Features

Traders using FXCM's services can choose from a long list of trading platforms. The most popular trading platform available is MetaTrader 4, but there are several other choices such as Mirror Trader, Zulu Trade, Ninja Trader and the unique web, mobile and desktop Trading Station platforms.

One of the most popular features offered by FXCM is the unique educational center that can help beginner, intermediate and expert traders improve their skills. FXCM is preferred by so many people due to several other reasons: low spreads on major currency pairs, good leverage conditions and opportunity to use an unlimited demo account.

Trading Assets

On FXCM's trading platforms you'll have access to a wide list of currency pairs, including the most popular ones such as the EUR/USD, USD/CHF, USD/JPY and more. Keep in mind that apart from Forex trading, their platforms also support trading of CFDs (Gold, Silver, Crude Oil, etc.) Take a look at FXCM's website in order to find out more details about the available assets.

Reliability

In terms of reliability, FXCM is one of the best Forex brokers you can find. Their services have been used by millions of people through the years and there are very few complaints regarding this company. The main reasons for this are the excellent trading system, website and platforms, as well as the user-friendly and knowledgeable support staff that is ready to provide assistance 24/7.

Depositing/withdrawing money is easy and quick, and can be done via one of the following methods: credit/debit card, wire transfer, ACH and paper check. FXCM are also well-known for requiring a very low minimum deposit of just $50. You can choose between 8 account currencies (AUD, JPY, CHF, NZD, USD, CAD, EUR and GBP).

Bonus Offers

The only promotion offered by FXCM at the moment is the referral program. Thanks to it, traders can receive a bonus for every friend or family member that they refer to FXCM's services. If you refer someone to register an account with FXCM, both you and the referral will get a $100 trading bonus! Keep in mind that this bonus isn't available for withdrawal unless certain requirements are met.

Deposit Methods

Withdrawal Methods

Minimum Deposit

$50

Supported Languages

  • Arabic
  • German
  • Greek
  • English
  • Spanish
  • French
  • Hebrew
  • Italian
  • Japanese
  • Russian
  • Turkish
  • Chinese (Mandarin)

Regulators

  • ACP (France)
  • DGCX (Dubai)
  • CFTC (USA)
  • ASIC (Australia)
  • NFA (USA)
  • FCA (UK)
  • CONSOB (Italy)
  • SFC (Hong Kong)
  • BaFIN (Germany)
  • AMF (France)

Account Currencies

  • USD - United States Dollar
  • AUD - Australian Dollar
  • NZD - New Zealand Dollar
  • EUR - Euro
  • JPY - Japanese Yen
  • GBP - British Pound
  • CHF - Swiss Franc
  • CAD - Canadian Dollar

Platforms

  • Trading Station II Mobile
  • FXCM Strategy Trader
  • FXCM Trading Station Web
  • Ninja Trader
  • Active Trader
  • Trading Station II
  • Mirror Trader
  • Trading Station Gateway
  • MetaTrader 4
  • FXCM Trading Station
  • ZuluTrade

Spreads

EUR/USD2.70
GBP/USD2.80
USD/JPY2.50

Leverage

Currencies200:1

Additional Properties

Demo AccountsYes
HedgingNo
ScalpingYes
Retirement AccountsNo
US PlayersYes
Arabic PlayersYes