FXCM is a Forex and CFD broker, and this is ranked (Rank 3) as the Best forex broker by tradingcritique.com. Here in this article, tradingcritique.com gives you the FXCM Broker review for the year 2023. This Broker review will improve your trading knowledge about FXCM Groups and Markets. Our Trading Critique Experts provide complete details about FXCM regulations with a detailed product guide.
- Minimum Deposit: $50
- Max Leverage: 1:400
- Trading Commissions: 0
- Regulated by: FCA, ASIC, FSCA
- Financial instruments: Forex trading, CFD trading on Commodities, Shares, Indices, Cryptocurrencies
- Customer support: 24/5
- Deposit Fees: Yes
FXCM (https://www.fxcm.com/za/) is well known by another name called Forex Capital Markets. It was founded in 1999, and it is headquartered in the United Kingdom. Brendan Callan is the CEO of this company. It is one of the London-based Forex and CFD broker.
FXCM is a Zero commission broker, so it is best for beginner stage traders. They provide a lot of trading instruments with advanced trading platforms. The available trading platform in FXCM is MetaTrader 4 and it also provides Social Trading.
FXCM is authorized and licensed by several jurisdictions. The minimum deposit amount starts from $50, and the maximum leverage is up to 400:1. They provide Live chat and Expert Advisors Chat options for customer service and they are available 24/5.
FXCM does not provide services to some country’s regions, such as residents from the United States, Canada, European Union, Hong Kong, Australia. The United States Market has banned FXCM service due to defrauding complaints.
Regulation and Trustability
FXCM is approved and authorized by several financial jurisdictions like Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Financial Sector Conduct Authority (FSCA).
FXCM Markets is a subsidiary of FXCM Groups. So, FXCM Markets is not regulated and not subject to the FXCM Groups regularities.
Table 1: The regulations of FXCM
Country | Regulations | Company name | Registration details |
---|---|---|---|
United Kingdom | Financial Conduct Authority (FCA) | Forex Capital Markets Limited https://www.fxcm.com/markets/ | Registration Number: 217689 |
Australia | Australian Securities and Investments Commission (ASIC) | FXCM Australia Pty. Limited https://www.fxcm.com/au/ | AFSL 309763. FXCM AU ACN: 121934432 |
South Africa | Financial Sector Conduct Authority (FSCA) | FXCM South Africa (PTY) Ltdhttps://www.fxcm.com/za/ | Registration Number: 46534 |
Recent Awards
FXCM is receiving awards since 2010. It is a multi-Award-winning forex broker and they provide consistent service. FXCM received awards related to Forex, CFD, Trading, Customer Support, Platforms, etc.
Table 2 : Awards received for the Excellency of FXCM for various domains
Awards | Awarded by |
---|---|
BROKER OF THE YEAR 2021 | ULTIMATE FINTECH AWARDS |
BEST FX PLATFORM 2021 | PERSONAL WEALTH |
BEST ZERO COMMISSION BROKER 2021 | ADVFN INTERNATIONAL FINANCIAL AWARDS |
BEST CUSTOMER SERVICE 2021 | ULTIMATE FINTECH AWARDS |
BEST FOREX TRADING PLATFORM – GLOBAL 2020 | GLOBAL FOREX AWARDS |
BEST ONLINE TRADING APP 2020 | COMPARE FOREX BROKERS |
BEST TRADING TOOLS AND RESEARCH 2020 | SHARES AWARDS |
FXCM liquidity providers
FXCM offers competitive spreads and Enhanced Execution via Liquidity providers. Liquidity providers are the main reason for the availability of better spreads for various trading instruments in FXCM. FXCM’s Liquidity providers are the major financial institutions, global banks, and other market makers.
Some of the FXCM liquidity providers are listed below,
- Barclays Bank, PLC
- Citadel Securities LLC
- Deutsche Bank AG
- FASTMATCH INC
- XTX Markets Limited
- UBS AG
- HC Technologies LLC
Enhanced Execution Features in FXCM are,
- There are no re-quotes
- It has stop/limit restrictions
- Orders can execute up to 88% at the best price or requested price.
Investments, Products, and Instruments
FXCM has the most comprehensive market assets with high liquidity. The leverage and spreads are suitable for all types of traders. They provide several currency pairs, different types of commodities trading, most popular indices, stocks, etc.
Image 3 : Different types of trading instruments available in FXCM explained with their features
Trading types | Features to trade in FXCM | |||||
---|---|---|---|---|---|---|
Forex | Over-The-Counter (OTC) Forex trading Forex trading has deep liquidity Large-size trading in the Forex market. There are no limits for forex trading, and you can buy/sell high volume or buy/sell low volume at any time. Maximum of Leverage – 400:1 Spreads are tightest Reduced pricing for high volume investors Trading Hours 24/5 | |||||
Major Currency pairs are EUR/USD USD/JPY GBP/USD USD/CHF EUR/GBP | Minor Currency Pairs AUD/USD USD/CAD NZD/USD | |||||
Shares | Stocks CFD Trading Zero commission You can control your trade size in the range of 1/10. They offer to trade top international share CFDs at a low margin from the countries like the UK, US, AU, EU. Required Margin for market entry – 5% Trading Platforms – Trading Station, MetaTrader 4, API FXCM Share CFDs: | |||||
Tesla Motors Inc GameStop Amazon.com Zoom Google (Alphabet Class C) Apple Boeing Netflix NVIDIA | Alibaba Microsoft JP Morgan Chase Bilibili Pfizer Inc (US) British American Tobacco Afterpay BHP Group | |||||
Indices | CFD Indices trading Riskless and flexible trade on Global indices Indices have a low trade commission Spread is the transaction cost Indices trading for all kinds of trading accounts. The popular Indices available in FXCM: | |||||
GER30 US30 SPX500 NAS100 ESP35 FRA40 JPN225 | – DAX Index Future – E-Mini Dow Future – E-Mini S&P 500 Future – E-Mini Nasdaq 100 Future – IBEX35 Index Future – CAC40 Index Future – Nikkei 225 Dollar Future | |||||
Commodities | Commodities CFD trading Zero commission Faster executions Transaction charge is low FXCM commodities are, Spot Silver Spot Gold WTI Light Sweet Crude Oil Future Brent Crude Future Natural Gas Future Copper Future | |||||
Cryptocurrencies | Cryptocurrency CFD trading FXCM’s Cryptocurrency open position is $100 The required margin is $25 for each. Leverage up to – 4:1 Available Cryptocurrencies in FXCM are, Bitcoin Ethereum Litecoin Bitcoin Cash Stellar Lumens | |||||
Forex Baskets | Currencies are grouped in Forex Basket Trading Instruments – Yen, USD, & emerging markets indices Maximum Contract Size – 200 Trading Hours: Opening time – Sundays at 5:00 PM ET and 5:15 PM ET Closing time – Fridays around 4:55 PM ET The Different types of FXCM Forex Baskets available are, The Index Basket – Minimum stop distance for USD – 3 pip JPYBasket – The Yen Index – Minimum stop distance – 3 pip Embasket – The Emerging Markets Index – Minimum stop distance – 5 pip | |||||
Stock Basket | Stocks are grouped under the FXCM Stock basket Stocks are grouped according to specific sectors Stocks from different sectors are grouped under the stock baskets listed below, | |||||
FAANG Biotech Cannabis Esports & Gaming (Esports) China Tech (Chn. Tech) China Ecommerce (Chn. Ecomm) Big China Tech (Atmx) | Travel & Hospitality (Travel) US Banks (US.Banks) US Automotive (US.Auto) US E-Commerce (US.Ecomm) Casinos Airlines Work From Home | |||||
The different stocks under some FXCM Stock baskets are listed below, | ||||||
BIOTECH AbbVie, Inc. Amgen Inc. Gilead Sciences, Inc. Bristol-Myers Squibb Co. Vertex Pharmaceuticals Inc. | FAANG Facebook Inc. Amazon.com Inc. Apple Inc. Netflix Inc. Alphabet Inc. Class C (Google) | |||||
CANNABIS Tilray Inc. GW Pharmaceuticals PLC Canopy Growth Corp Aurora Cannabis Inc. Cronos Group Inc. Innovative Industrial Properties Inc. | The different Hyatt Hotels Corporation Marriott International Inc. Hilton Hotels Corporation Booking Holdings Inc. TripAdvisor Inc. | |||||
CASINOS MGM Resorts International Wynn Resorts, Limited Caesars Entertainment Inc. Las Vegas Sands Corp. Draftkings Inc. | US Automotive (US.AUTO) Ford Motor General Motors Tesla Inc. Stellantis NV (Chrysler, Fiat, Peugeot) Harley-Davidson Inc. | |||||
China Ecommerce (CHN.ECOMM) Alibaba Trip.com JD.com, Inc. Pinduoduo Inc. Tencent Music Entertainment Group | US Banks (US.BANKS) JPMorgan Chase & Co. Bank of America Corp Wells Fargo & Co. Citigroup Inc. Capital One Financial Corp. | |||||
China Tech (CHN.TECH) Baidu NetEase iQIYI Bilibili | US E-Commerce (US.ECOMM) Etsy Inc. Wayfair Inc. Shopify Inc. Walmart Inc. Ebay Inc. Amazon.com Inc. |
FXCM Popular Instruments
FXCM provides trade world’s most popular instruments with flexible trading hours. You can trade all the products in the FXCM Trading Station platform anywhere.
FXCM Popular Instruments are,
- EUR/USD
- Gold Trading
- Trading Crude Oil
- Bitcoin
FXCM Leverage and Margin
FXCM provides good leverage and margin options for its clients. Check the below image for more details.
Spread costs
FXCM provides a competitive spread on CFD instruments and currency pairs. They offer trade volume-based on deep discounts for Active Traders on spread costs. The spread cost is different between the bid price and the ask price of two currencies pair or any other asset you place your trade.
FXCM Order Execution
Order execution is the main thing for every trade. FXCM provides the best transparent order execution for their clients. They use superior technology for order execution which increases the speed of execution. This reduces slippage and reduces any loss that may incur during the minute time lag that happens while you place orders. It gives the best experience for trading.
Features of Enhanced FXCM order executions are,
- FXCM using Superior Technologies
- Global Broker with Size & Strength
- Price Improvement
- Effective Spreads
- Slippage Statistics Report
- Execution Speed – 18 milliseconds
Trading Platform
FXCM provides advanced award-winning trading platforms, like MetaTrader 4 and Social trading platforms to its clients. The FXCM trading platforms are designed to perform well on Mobile, Desktop, and Web. All the trading platforms are incorporated with all kinds of markets assets.
- Trading Station
- MetaTrader 4
- NinjaTrader
- ZuluTrade
- TradingView PRO
- Speciality Platforms
- FXCM Trading Apps
- FXCM Algo Trading
Trading Station
Trading Station is an FXCM’s advanced trading platform that works on iOS, Android, and Mac. Trading Station is the trading platform created by FXCM. Trading Station is more customizable and User friendly. They provide access to trading News, Calendars, Education, and Research sections. It exclusively provides HTML5 Web trading features.
Trading Stations Features:
- FXCM News
- Economic Calendar
- FXCM’s top trading tools
- Trade from Chart
- FXCM cloud
- Trading analytics
- Customizable price alerts
- Expandable FXCM charts view
- Compare Instruments with price overlays
- Automated Strategies
- Trader Sentiment indicators
- Real Volume Indicators
MetaTrader 4
MetaTrader 4 (MT4) is the best trading platform for trading markets worldwide. MT4 is developed based on MetaQuotes Software. Generally, the MT4 software package provides several specific order types, custom indicators, tools for technical analysis, and trade automation.
MT4 also offers a free demo account with a maximum number of features to practice the trade. FXCM’s MT4 platform is available on Google Play Store and Apple App Store.
MetaTrader 4 features in FXCM
- 30 built-in indicators
- 2,000+ free custom indicators
- 700+ purchasable indicators
- 2,100 technical indicators
- 1,700+ trading robots
- Set SL/TP Pre-Execution
- Precious lot sizes
- Partially Close Positions
- Hedging
- Maximum deviation
- Free Practice Account
- MT4 VPS
- Expert Advisors
- Real-time automatic copy trade
- News and alerts
- MQL4 programming language
NinjaTrader
FXCM provides NinjaTrader 8 with an advanced charting option. NinjaTrader is developed by the NinjaScript programming language. It has a customizable array option so you can create and manage your workspace.
NinjaTrader-8 features in FXCM
- Advanced trade management
- Markets analyzer
- 100+ technical indicators
- Advanced alerts
- Charting
- Advanced analytics
- Advanced Charting options
- Pre-loaded charts along with Drawing tools
- Multiple time frames
- Custom indicators
- Chart trader
- Automated Trading
- Order entry
- Customizable trailing stops
- Create Your Own Workspace
- Free Demo Account
- Minute, second and tick intervals
ZuluTrade
ZuluTrade is the largest social trading platform, and it is fully automated. It offers Social trading and Copy trading options. It monitors and protects your funds via ZuluGuard, and then it also creates a protection shield based on your capital investment.
Trading Instruments available in ZuluTrade are,
- Shares
- Forex
- CFDs
- Cryptocurrencies
FXCM collects a monthly fee of 30 USD for ZuluTrade. It is a web-based trading platform and is also available as a mobile app. You can control trade on your mobile app (iOS and Android).
ZuluTrade features in FXCM
- Social Trading
- Copy Trading
- Advanced Algorithms
- Dedicated Trading Desk
- Demo Account
- Trader Program for registered clients
- Automated Trading
- Pre-Loaded Strategies
- Advanced Backtesting
- Web and Mobile
TradingView Pro
FXCM provides Tradingview PRO Promotion for their clients. This promotion offer is suitable for new and existing clients. They offer this promotion free for one year.
Eligibility for TradingView PRO
- Must be over 18 years old
- Must be an account holder subject to FXCM’s business terms.
- For new clients, The initial deposit amount is 300 CCY
- For Existing clients, top up your account in the amount of 300 CCY
- You have to maintain the minimum trading volume of 500,000 from the TradingView PRO promotion activation for up to 3 months.
Capitalise Al
FXCM has an Artificial Intelligence (AI) trading option. This strategies gives more features and simplifies your trading time. You have to provide your ideas in simple English, and the technology will execute your ideas.
Features in Capitalize.AI
- Market Order
- Limit Order
- Dynamic Entry Price
- Cut Losses, Maximize Profits
- Build Signals
- Trailing Stop Loss
- Correlation To Index
- MACD Indicator
- Set Trades Size In USD
- Exit At A Specific Timing
- Moving Average Indicator
Speciality Platforms
FXCM offers third-party trading platforms. It is fully integrated with FXCM’s trading functions and operations.
Table 4: Specialty Platforms Features in FXCM
FXCM Specialty Trading Platforms | Features of FXCM Specialty Platforms |
---|---|
QuantConnect | Code in Python, C# and F# Tick, second and minute data back to 2007 Fast track coding by working on community templates Download free data and code in Visual Studio From coding to living in seconds with a free VPS |
MotiveWave | Market Scanners Systematic Trading Development Backtesting Optimization (genetic and exhaustive) Reply and walk-forward testing Unique Technical Analysis tools |
AgenaTrader | Open 3,000 charts at the same time Set up OCO, If-Done, and ORO orders with a few clicks Save complex order combinations into templates Extended alerting via price, time, indicator and signals Market replay DOM and QuickTrader (Chart DOM) |
Sierra Chart | Multi-asset Automated trading Advanced charts Multiple data sources Server-side OCO and bracket orders ChartDOM |
SeerTrading | Automated trading using R Quantitative analysis Server deployment Multiple systems on the same account Multi-asset Backtesting, visualization, and optimization |
NeuroShell Trader | Point-and-click strategy creation Trading Strategy wizard Prediction wizard Robust back-testing Multiple time frame analysis Apply models to multiple instruments |
FXCM Algo Trading
FXCM offers Algo (Algorithmic) Trading with trading services and award-winning tools. Algo Trading provides the best education courses for FXCM traders. They also provide the best instrumental articles and videos. It provides various trading resources like API Trading, Forex Python, Market data, Apps, etc.
FXCM Algo Trading Educational courses are,
- Momentum Trading in FX
- Python for Trading: Basic
- Getting started with Algorithmic Trading
- Intro to Machine Learning for Trading
- Python for Trading
- Crypto Trading Strategies: Intermediate
- Crypto Trading Strategies: Advanced
API Trading
An Application Programming Interface (API) trading is a combination or group of protocols, definitions, and tools for building application software. They offer four-count of Free APIs along with a direct interface of FXCM.
FXCM Free Application Programming Interface are,
- Rest API
- Fix API
- Java API
- ForexConnect API
FXCM Trading websites
FXCM provides trading globally with different websites in different languages. Most of the websites are available in the English language for different countries.
Table 5: Multilingual trading websites of FXCM segregated continent wise
No | FXCM Trading Websites | Countries | Website Language |
---|---|---|---|
1. | FXCM (Main) | Global | English |
Continent 1 – EUROPE | |||
2. | FXCM UK | United Kingdom | English |
3. | FXCM EU | Cyprus | English |
Continent 2 – ASIA | |||
4. | FXCM ישראל | Israel | Hebrew |
5. | FXCM 香港 | Hong Kong | Traditional Chinese |
Continent 3 – AUSTRALIA | |||
6. | FXCM Australia | Australia | English |
Continent 4 – AFRICA | |||
7. | FXCM South Africa | South Africa | English |
Continent 5 – NORTH AMERICA | |||
8. | FXCM Canada | Canada | English |
Forex Python
Account Types
FXCM provides two types of trading accounts with Forex and CFD trading as a base. We know that FXCM is a Zero commission broker. The Demo account is also available for all kinds of trading platforms.
You should create different trading accounts while using trading platforms like NinjeTrader, TradingView, etc. But for Trading Station, MT4 and ZuluTrade trading platforms you can use the same FXCM log in.
FXCM Account types
- Forex CFD Trading Account
- Active Trading Account
- FXCM Professional account
- Spread betting account (Only UK)
Forex CFD Trading Account
FXCM is a Contract For Difference (CFD) account with the price movement of Stocks, Indices, Commodities, and Currency.
Forex account is the Retail trading account available in FXCM. This account is much suitable for Beginners in trading and novice traders. Low spread costs will help you make more trades with the best trading strategies.
The maximum leverage is 400:1 for forex trading and 200:1 for trading with Commodities and Indices. For CFD trading, they offer Award-winning 24/5 customer support, Webinars, and real-time instructions.
FXCM CFD trading features
- Low spread costs
- Access to leverage
- Multi-asset platform
- Trade rising and falling markets
- Flexible CFD trading
- Low fees
- No stamp duty
- 24/5 markets
- Free demo account
- Real-time instructions
Active Trading Account
FXCM’s Active trading account is suitable for High-Volume Investors. They provide competitive monthly cash rebates for Active Trader, and this is eligible for high-volume traders. This offer is available for limited instruments, like forex, commodities, and indices. It has contained five tiers. When you reach the fifth tier, they offer a rebate for $25 per million traded.
FXCM offers experienced personal managers to the active trade account holders. This account is best suited for experienced traders.
Benefits of Active Trading Account
- Rebate Pricing
- Dedicated Support
- Expedited Processing Request
- API Trading
- Institutional Derived Trade Ideas
- Custom Solutions
FXCM Professional account
FXCM provides a professional trading account for professional traders. This trading is suitable for derivative traders and experienced traders. The primary qualification is that the trader must have previously worked in the financial sector.
Eligibility for Professional Trader,
- You must have traded significant amounts of leveraged derivatives in the last four quarters.
- You must have a financial instrument portfolio that exceeds 500,000 euros.
- You must have worked in the financial sector for at least one year in a professional position requiring knowledge of Derivatives Trading.
You must have at least two of the above three conditions to pursue a professional trade.
Spread betting account (Only UK)
FXCM provides a Spread Betting trading account for UK clients. Spread Betting is the gateway for entering the financial market. It is one of the tax-free and high-profit trading in rising or falling markets. They offer Spread Betting along with the following assets, such as Commodities, Currency Pairs, Shares, and Indices.
Benefits of Spread Betting
- Tax-free Profits
- No stamp duty to pay
- No commission
- Trade on rising and falling markets
- Open higher market positions using leverage
- 100+ financial instruments
- 24/5 trading hours
VPS Hosting
Virtual Private Server (VPS) Hosting is a third-party trading service. You can enhance your trading platform into VPS hosting. It will increase your trading speed, provide internet stability, shows real-time trading accurately. FXCM does not provide a warranty for third-party service, like VPS hosting. VPS has two types, and they are LIQUIDITYCONNECT.COM and BEEKSFX.COM.
Benefits for VPS Hosting
- Flexibility
- Dedicated Server
- Remote Access
Benefits for VPS Hosting
liquidityconnect.com | beeksfx.com | |
---|---|---|
Memory | 2,560 MB | 2,560 MB |
Disk Space | 100 GB | 100 GB |
OS | Windows Server 2012 R2, 64 Bit | Windows Server 2012 R2, 64 Bit |
FXCM Demo Account
Demo Account is nothing, but it is a practice account for reducing the trading fear. FXCM provides a free demo account with $20,000 in virtual funds. You can access and trade all kinds of FXCM’s markets assets. Also, you can able to use trading tools and options.
FXCM Pro (For Institution)
FXCM PRO is a division of the FXCM group along with institutional brokerage and trading services. FXCM Group is based on a Jefferies Company. Globally they run twenty years in the Forex market. This website is only for FXCM’s professional clients.
FXCM PRO Institutional provides and explains the following services,
- API Solutions
- Prime Brokerage
- Wholesale
- Connectivity
- Market Data
- News & Events
The Market Data contains Details of Forex and CFD price feed and trading products. This institution gives FXCM’s whole data related to platforms, services, symbols, etc.
FXCM Institutional Market Data contains,
- Overview
- FX Price Feed
- CFD Price Feed
- Premium Data Products
- The sentiment (SSI)
- Trade Tape (Order Flow)
- Volume
- Symbols
Fees, Commissions, and Bonus
FXCM‘s minimum deposit amount is 50CCY (CCY – Currency), which means 50 units of the base currency.
You can deposit funds in FXCM via,
- Debit/Credit Card
- Bank Wire
- Skrill
- Union Pay
- Neteller
Currently, they offer for initial deposit above $1000, and you will receive the bonus amount of $10. The maximum deposit time duration is up to five business days. If the account is inactive for 12 months, FXCM charges an Inactivity fee of up to 50 units of the base currency.
FXCM withdrawal fee is 0 for all kinds of transaction methods, except wire transfer. They charge $40 for withdrawal while using the bank wire transaction method. You can withdraw as much of your funds as you want, and there is no limitation for withdrawal. If your account were in an inactive state for 6 months continuously, FXCM will close your account.
Active Trader Rebate Program
Friends and Family Referral promotion
FXCM offers a bonus amount for friends and family member referrals. The referral bonus amount depends on your initial fund and trading volume. The minimum initial deposit fund is $300. This bonus amount is available for both traders and recommended people.
Eligibility for the FXCM referral program,
- You must be a customer of FXCM.
- You must have FXCM Active Trading account.
- The qualified referrer must have a direct and/or personal relationship with the FXCM customer.
- Be over 18 years of age.
- The referrer must be a natural person.
Trading Hours
FXCM Trading hours depend on trading instruments. They provide various trading hours for all kinds of available trading instruments.
Education and Research
FXCM answers all kinds of questions via video from the video library. They offer a demo account for all types of trading accounts and trading platforms. Features like Economic Calendar, Market Scanner, Live Forex Charts, Markets Data Signals are available in FXCM.
FXCM also provides 14 days of free signals for a live account. They conduct a free trading workshop for registered users. FXCM offers trading guides and trading tools.
Some FXCM Trading Guides are,
- What is Forex?
- Learn Forex Trading
- Successful Traders
FXCM Trading Tools:
- FXCM PLUS
- FXCM Apps
- Market Scanner
- Trading Signals
FXCM researches Charts, Indicators, Instruments, Trading signals, etc and gives ample information to its clients. From the FXCM news section, you can find related news about world markets, Currency pairs, forex, etc.
FXCM tutorial videos and video gallery is excellent in providing answers for Demo Account, Account Opening, Trading, Deposit, Withdrawals, etc. through its presentation.
Customer Support
FXCM offers customer support via Experienced Advisers. They were available for 24/5 with multilingual language support. FXCM support their customers via Email, Live Chat, WhatsApp, and Phone lines. FXCM has 40+ countries’ local office phone numbers which are toll-free.
The FAQ page gives relevant answers to the questions. On the top right corner of the FXCM homepage, you can check the support section that gives answers to relevant queries about FXCM.
In a Nutshell
- FXCM was authorized and regulated by FCA, B.V.I FSC, ASIC, FSCA.
- The market assets available in FXCM are Commodities, Shares, Indices, Cryptocurrencies , and Forex. You can indulge in Forex trading and CFD trading.
- They provide advanced and award-winning trading platforms are MetaTrader 4, ZuluTrade, NinjaTrade, and Trading Station.
- FXCM account types are Forex CFD Trading Account, Active Trading Account, FXCM Professional account, and Spread betting account (Only UK). They also provide a free demo account.
- The minimum deposit amount is 50 units of the base currency.
- The minimum deposit amount is 50 units of the base currency.
- They do not collect any trading commissions.
- FXCM provides 24/5 client support with Expert Adviser.
- Education related to trading tools and trading Guides are also available in FXCM.
- Restricted Regions – United States, Canada, European Union, Hong Kong, Australia.