FXCM overview
In short: FXCM Review – FXCM (Forex Financial Markets), originally known as Forex Financial Markets, is a consumer foreign currency brokerage that allows users to…
FXCM (Forex Financial Markets), originally known as Forex Financial Markets, is a consumer foreign currency brokerage that allows users to trade on the currency market. FXCM allows individuals to bet on the foreign exchange market and provides CFD betting on major financial indicators and commodities such as metals and hydrocarbons. Its headquarters are in London.
FXCM has been a key platform for online foreign currency (forex) betting, CFD buying and selling, spread gaming, and associated services since 1999. FXCM is regulated by the FCA, ASIC, SFC, CONSOB, BaFin, and ACP. Indexes, commodities, treasuries, and forex can be traded on the FXCM Trade Station Computer, FXCM Active Trader, MetaTrader4, NinjaTrader, and ZuluTrade platforms.
FXCM is committed to offering a diverse set of current trading platforms, market news, and instructional materials.
FXCM is committed to offering the trading community a diverse array of innovative trading platforms, economic data, and training. FXCM's extensive network of forex financial intermediaries enables it to provide consumers with competitive spreads on currency pairings. Consumers can engage in smartphone trading, one-click trade fulfillment, and attempting to trade via true graphs. FXCM's U.K. affiliate, Forex Financial Markets Limited, also provides CFD instruments with virtually no re-quote dealing, allowing customers to sell oil, platinum, bullion, and market indexes alongside fx on a single platform.
Before you open an account, check the broker's licence in the official FCA Financial Services Register.
FXCM Review: FAQ
Is FXCM Review worth a look?
FXCM (Forex Financial Markets), originally known as Forex Financial Markets, is a consumer foreign currency brokerage that allows users to trade on the currency market.
What should traders know about FXCM Review?
FXCM allows individuals to bet on the foreign exchange market and provides CFD betting on major financial indicators and commodities such as metals and hydrocarbons.
Who is FXCM Review best for?
FXCM has been a key platform for online foreign currency (forex) betting, CFD buying and selling, spread gaming, and associated services since 1999.
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FXCM features & services
| Company | FXCM |
|---|---|
| Address | Clarendon House, 2 Church Street, Hamilton, HM 11, Bermuda. |
| Headquarters | United Kingdom |
| Registration | https://www.fxcm.com/markets/ |
| Expert advisors | Yes |
| Bonuses, promotions | $300 Forex Welcome Bonus |
| Trading by phone | $25 Forex Welcome Bonus |
FXCM was established in 1999. The FCA in the United Kingdom, ASIC in Australia, the SFC in Hong Kong, and CONSOB in Italy are the three key financial agencies that license and monitor the company's operations.
The firm's trading solutions include FXCM Trading Stations Windows, FXCM Trade Station Smartphone, FXCM Active Rider, FXCM web dealing stations, and MetaTrader4 trade depot. A typical account has a £300 refundable security (only applicable to FXCM LTD clients), a performance and eventually of 30:1 (only applicable to FXCM LTD retail customers), and pip spreads on majors ranging from 1.3 to 1.5.
FXCM provides users with a variety of features, such as trading data, API trade, FXCM Applications, and coding capabilities.
FXCM provides trade education to new traders through trade classes, seminars, and other means. The trader's multicultural customer service is available 24 hours a day, five days a week. five days a week and is always available to handle any customer's concern quickly and effectively. Depositing funds and withdrawing profits are both possible through numerous payment channels and are completed quickly.
In our study of 23 international regulators across 39 brokers, FXCM was deemed low-risk, having an overall Trust Rating of 96 out of 99. With a Trust Rating of 92 out of 99, OANDA is regarded as poor.
FXCM trading conditions 2027
| Spread type | Variable |
|---|---|
| Maximum leverage | 1:500* |
| ECN / STP | 500 |
| Standard account | 1000 |
| Mini account | 10 |
| Payment methods | Wire Transfer, Credit Card, Debit Card, Perfect Money, WebMoney, Neteller, Skrill , Paypal, MoneyBookers, MasterCard , Cashu and More |
| Account currencies | USD, AED, EURO, AUD, GBP, CHF, JPY, NZD, CAD, CAD and More |
| Available assets | Forex, Cryptocurrencies, Metals, Commodities, Spot, Oil, CFDs, Indexes, Shares, Indices |
| Languages | English, Spanish, French, German, Arabic, Chinese, Italian, Greek and More |
| Platforms | MT5 for PC, MT4 for PC, MT4 Web Trader, MT4 for Multi Terminal, MT5 for Android, MT5 for iPhone, MT4 for Android, MT4 for iPhone. MT5 for Android, MT5 for iPad, MT4 for Android, MT4 for iPad |
| Broker type | ECN/STD |
| Regulation | FCA, UK |
| Founded | 1999 |
| Copy trading | Yes |
| Bitcoin trading | Yes |
FXCM reviews from traders
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Miroslav Todorovic 😂😂😂😂😂★★★★★
The Live chat is Awesome The Live chat is Awesome. The agent on the end of the call was quick, and answered my questions. However, the solution to my problem is that I have to a wait a few more days. It's ok though, now that I know the agent has marked for urgent attention to the relevant departments.
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Obrey Falz Maiba★★★★★
I found FXCM to be dependable broker. I have tried many broker but often come back to FXCM. Their spreads are not the lowest but I always get my money back when withdrawal and like using their platform. I have decided to stick with FXCM now and not bother trying other brokers. They seem to be best out there
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Getahun Temesgen★★★★★
Good broker with competitive spreads. If you are in Europe there are better broker but in US they are one of the best you can use. Try to get the metatrader 4 rather than metatrader 5 download as there are more forex robots available
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Emilia Viktorova Ilieva★★★★★
FXCM Good forex broker, reliable. Support helps, but spreads are wider than other brokers, especially CFDs Stocks huge spread, so sad for me. The FXCM Live chat is Awesome. The agent on the end of the call was quick, and answered my questions. Great service, quick response. I highly recommend FXCM Forex Broker to deal with.