FXCM Review

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GENERAL INFORMATION
Broker NameFXCM
Broker TypeForex
CountryUnited Kingdom
Operating Since1999
RegulationFATCA-Foreign Account Tax Compliance Act
Address0 Gresham Street, 4th Floor, London EC2V 7JE, United Kingdom
Broker StatusRegulated
CS Phone1800 1110 1237
CS Emailinfoasia@fxcm.com
LanguagesEnglish, China,Dutch, French,Itaqlian, Spanish, Bahasa, Malaysian, Vietnamese,Hebrew, Greek,
Availability24/5
Trading PlatformsTrading Station, Metatrader4
WEB TERMINAL
Trading Platform TimezoneN/A
Demo AccountYes
Mobile TradingYes
Web based tradingYes
BonusesN/A
Other Trading InstrumentCryptocurrency
ACCOUNTS
Minimum Deposit50
Maximal Leverage1 is to 400
Spread Variable1.6 pips
Scalping AllowedN/A
FXCM Broker Reviews
Comments Rating 2.1 (46 reviews)
FXCM belongs to the generation of brokers who keep themselves updated with the latest trends in the market. That’s what good brokers do.

FXCM has been brokering trades for almost two decades (and we’re sure it’s up for a longer haul). Surviving the industry for that long tells you that this broker knows what to do for clients. Years and years of experience solidified FXCM’s performance.

It offers a lot of notable features, but the most remarkable among them is its own trading platform called “Trading Station.” Of course, it also offers the MetaTrader4, but why stick to one choice, right?
Let’s take a more detailed look at its features.

FXCM’s Notable Feature/s: Trading Station


FXCM offers the MT4 trading which is already excellent by itself. This broker adds a boost to your trading experience by offering its very own platform – the so-called “Trading Station.”

Trading Station offers many advanced functionalities that FXCM traders love. You can use it on the web through a desktop computer, or you can install it on your mobile. There are tons of things you can do with Trading Station.

For instance, Trading Station Desktop provides more advanced tools. Technical traders can take advantage of robust analytical tools and automated trading capabilities. FXCM’s Trading Station also sports:
• Pre-loaded trading strategies.
• Advanced back-testing functions
• Strategy, History, and Analysis Tools

Trading Station is also compatible with mobile devices, whether it runs on Android or iOS. This means trading is easier even when you’re on the go. You can also:
• View live streaming rates
• Place and manage orders
• Access charts
• Analyze news and reports.

Of course, if you don’t think you’re ready to try a new trading platform, good ol’ MT4 is also available. It’s downloadable on the FXCM website.

For those who are unfamiliar, MT4 is the trading standard for forex traders. You can basically do your trades over the platform whenever you want and wherever you are.

What do we think?


FXCM is notably secure and up-to-date.
It’s always in the loop with the latest market developments, giving FXCM clients a head start whenever they trade. We think you’ll never miss a beat when it comes to market developments, new trade technologies, and strategies.

More importantly, you’re secure with this broker. The two decades it has spent in the market is something not many other online brokers can achieve. Longevity means they’re stable.
Additionally, this broker is under the wings of Leucadia Investments. In case you don’t know, Leucadia is also the name of Jefferies Financial Group. It’s a public financial services company in New York and among top names in Wall Street. Need we say more?

Overall, FXCM is an excellent broker where you can entrust your money. You can rest assured your funds are safe. Efficient trading platforms, up-to-date services, and secure trading—this is what makes a great broker.
FXCM
  • Support
    (3)
  • Platform
    (3)
  • Spreads
    (3.5)
  • Trading Instrument
    (4)
Overall
3.4

For more news updates, visit our homepage now and see our latest news article. Want to learn more about trading? Visit our education page now and learn for FREE!

47 Comments

  1. Hayley Salter December 11, 2019
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