Trading Experience
“FXCM LTD provides a very competitive trading offering for both beginner and professional traders. Clients can choose from various accounts and have access to an impressive range of trading features, platforms and research and education material.”
From our observations, FXCM LTD provides a very competitive offering with its low trading costs and broad market accessibility. Clients can choose to trade a variety of markets covering Forex, Share CFDs, Indices CFDs & Commodity CFDs and Cryptocurrencies** through a choice of platforms including the broker’s flagship Trading Station platform, MetaTrader 4 and NinjaTrader as well as a variety of specialised platforms.
Clients have multiple account options to suit their trading style and can choose between Spread Betting, CFD Trading or Active Trader if the volume requirements are met. All accounts excluding Active Trader are also commission-free and this includes individual share trading.
The broker does also provide a great range of additional trading features in FXCM Plus and FXCM Apps, as well as extensive educational resources and market research articles, videos, and webinars.
FAQ
Is FXCM LTD regulated?
Yes, by the UK’s Financial Conduct Authority (FCA).
Where is FXCM LTD based?
FXCM is based at 20 Gresham Street, 4th Floor, EC2V 7JE, London, United Kingdom.
How does FXCM LTD make money?
FXCM makes money mainly through spreads, commissions and swaps on certain asset classes.
How do I deposit in FXCM LTD account?
Funds can be deposited into a trading account via debit/credit cards, bank wire transfers, Skrill, Neteller, Rapid Transfer and Klarna.
What is the min. deposit for FXCM LTD?
There is no minimum deposit for FXCM LTD but this could vary according to location and account type.
How do I withdraw money from FXCM LTD?
Withdrawals can be made from FXCM via credit or debit card, bank wire transfer, SEPA, BACs, Neteller and Skrill.
What is the max leverage in FXCM LTD?
Retail clients have maximum leverage of 1:30.
How do I open an account with FXCM LTD?
An account can be opened at the click of a button on the FXCM website and can be done in just a few steps.
Does FXCM LTD use MetaTrader?
Yes, MetaTrader 4.
Conclusion
“Forex Capital Markets Limited (FXCM LTD) is authorised and regulated by the UK’s Financial Conduct Authority (FCA) and offers Spread Betting*, CFD and Forex Trading accounts to trade on a range of markets including Forex, Share CFDs, Indices CFDs, Commodity CFDs and Cryptos** across its flagship Trading Station Platform, MetaTrader 4, NinjaTrader and ZuluTrade.”
FXCM is an award-winning broker founded in 1999. It is a Leucadia Company which is the former name of Jefferies Financial Group Inc. Forex Capital Markets Limited (FXCM LTD) is an entity of the FXCM Group and is regulated by the UK’s Financial Conduct Authority (FCA) and as such the focus of the review covers only the services offered on the UK website.
The broker offers Spread Betting*, CFD and Forex Trading accounts to trade on a range of markets including Forex, Shares, Indices, Commodities, Crypto**, Forex Baskets and Stock Baskets across its flagship Trading Station Platform for Desktop, Web and Mobile as well as the MetaTrader 4, NinjaTrader and ZuluTrade platforms.
Clients can select from four main account types covering Spread Betting, CFD Trading and Active Trader*** which provide access to very competitive spreads on different instruments. Trading is commission-free**** on all account types excluding the Active Trader account which is commission-based but with tighter spreads. Demo accounts are also available.
There are some great trading features available such as Trading Signals, FXCM Plus and FXCM Apps which provides traders of all experience levels access to cutting edge trading tools. Deposits and withdrawals can be made through a variety of payment methods including via debit/credit card, bank wire, Skrill and Neteller. Both deposits and withdrawals are fee-free except withdrawal by wire which incurs a fee.
FXCM provides an impressive range of research and educational materials available which include Daily Market Analysis, News, Live Webinars, Trading Guides, Market Insight Articles and more. The broker also offers multilingual customer support 24/5 via Live Chat, Telephone, Email, SMS and WhatsApp.
- Tons of research and education material.
- Impressive Trading Station platform.
- Great trading features available to suit all types of traders.
* FXCM UK offers tax exempt spread betting accounts exclusively to UK residents. Residents of other countries are NOT eligible. Spread betting is not intended for distribution to, or use by any person in any country and jurisdiction where such distribution or use would be contrary to local law or regulation. The UK tax treatment of your financial betting activities depends on your individual circumstances and may be subject to change. Spread Betting accounts offer spread plus mark-up pricing only. Spreads are variable and are subject to delay.
** Cryptocurrency products are only available to Professional and Eligible Counterparty Clients.
*** Active Trader accounts offers spreads plus mark-up pricing or spreads plus commission pricing depending on your equity level and trading volume.
**** When executing customers’ trades, FXCM can be compensated in several ways, which include, but are not limited to: spreads, charging fixed lot-based commissions at the open and close of a trade, adding a markup to the spreads it receives from its liquidity providers for certain account types, and adding a markup to rollover, etc.
***** The UK tax treatment of your financial betting activities depends on your individual circumstances and may be subject to change in the future, or may differ in other jurisdictions.
****** Leverage is a double-edged sword and can dramatically amplify your profits. It can also just as dramatically amplify your losses. Trading foreign exchange/CFDs with any level of leverage may not be suitable for all investors.
*******The Trading Signals do not constitute and should not be regarded as an investment advice. You act on the signals entirely at your own risk.
******** Spreads are variable and are subject to delay. The spread figures are for informational purposes only. FXCM is not liable for errors, omissions or delays for actions relying on this information.
