The range of educational resources available is large and will provide both novice and more experienced traders a solid base of knowledge regarding the financial markets, trading and the use of the trading platform.
“FXCM provides a very competitive, simple and transparent offering for both beginner and advanced traders to trade via Spread Betting and CFD accounts, as well as on Active Trader for low spreads. The broker also provides a wide range of trading platforms, features and resources.”
From our observations, FXCM provides a simple, transparent trading offering suitable for both beginner and advanced traders. Users can choose from a variety of accounts such as Spread Betting accounts, CFD trading accounts and Active Trader accounts for lower spreads.
The broker also offers a wide range of trading platforms such as its own advanced, feature-rich, proprietary trading platform called Trading Station for Desktop, Web and Mobile. Users can also trade on MetaTrader 4 and NinjaTrader as well as on a variety of specialised platforms.
Both beginner and advanced traders will enjoy access to the trading features provided in FXCM Plus and FXCM Apps, as well as the extensive educational resources and trader research articles, videos and webinars.
Is FXCM regulated?
Yes, by the UK’s Financial Conduct Authority (FCA).
Where is FXCM based?
FXCM is based at 20 Gresham Street, 4th Floor, EC2V 7JE, London, United Kingdom
How does FXCM make money?
FXCM makes money mainly through spreads and swaps on its tradable asset classes and commissions on certain trading accounts.
How do I deposit in FXCM account?
Funds can be deposited into a trading account via credit and debit cards, bank wire transfers, Skrill, Neteller, Klarna and Rapid Transfer.
What is the min. deposit for FXCM?
The minimum deposit is $50.
How do I withdraw money from FXCM?
Withdrawals can be made from FXCM via credit or debit card, bank wire transfer, Neteller and Skrill.
What is the max leverage in FXCM?
The maximum leverage offered by FXCM is 30:1.
How do I open an account with FXCM?
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 use MetaTrader?
Yes, MetaTrader 4.
“FXCM is a Spread Betting, CFD and Forex trading broker regulated by the UK Financial Conduct Authority (FCA), offering the ability to trade on Forex, Forex Baskets, Indices, Commodities and Crypto on its own proprietary Trading Station platform for Desktop, Web and Mobile, as well as on MetaTrader 4, NinaTrader and ZuluTrade.”
FXCM was founded in 1999 and is now part of the Leucadia Company which is the former name of Jefferies Financial Group Inc. The broker is regulated by the UK Financial Conduct Authority under the name Forex Capital Markets Limited, offering strong regulatory oversight and client fund security. Client funds are segregated from company funds and the company is part of the Financial Services Compensation Scheme.
The broker offers Spread Betting and CFD trading accounts for retail and professional clients to trade on multiple asset classes including Forex, Forex Baskets, Indices, Commodities and Crypto. Users are also offered the Active Trader account for elite pricing and dedicated support.
Users can trade on FXCM’s proprietary Trading Station platform for Desktop, Web and Mobile, as well as on MetaTrader 4, NinjaTrader and ZuluTrade. The broker also offers connections to speciality platforms such as QuantConnect, MotiveWave, AlgoTerminal, Sierra Chart and others.
Both beginner and advanced traders may find the broker’s online trading research and education of use which are in the form of News Articles and Live Webinars. FXCM also offers FXCM Market Insights and a range of Trader Tools such as FXCM Plus, FXCM Apps, an online Market Scanner and Live Trading Signals.
- Spread Betting and CFD Trading accounts available.
- Active Trader accounts offer lower spreads.
- Impressive FXCM Trading Station platform for Desktop, Web and Mobile.
- Advanced trading features through FXCM Plus and FXCM Apps.