Thursday, September 02, 2010
   
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FXCM Reviews * FXCM Rating - Forex Brokers Reviews

 

Rating:9.5

 

FXCM is a retail forex broker regulated in the US, the UK, Hong Kong, Australia, France, Dubai and Canada. In the US, FXCM is a registered FCM with the CFTC, and is a member of the NFA (ID # 0308179). FXCM provides No Dealing Desk trading execution†, eliminating any conflict of interest between broker and trader, and ensuring that there is no dealer intervention in trades. No Dealing Desk trades are executed back to back with one of the world’s premier banks or financial institutions, which compete to provide FXCM with bid and ask prices, providing spreads as low as 1 pip.

FXCM's discount brokerage division, FXCM Micro, allows traders to experience the excitement of the forex market with as little as $25.

FXCM’s top tier product, Active Trader, offers a level II type trading environment with 10 levels of market depth for a liquidity view seen by market makers. Short-term traders have the advantage of seeing actual liquidity available at individual price levels.

 

FXCM offers live support 24-hours-a-day, 7 days a week via phone, IM, and e-mail.

Sign up for a free $50,000 practice account.

*Without proper risk management, this high degree of leverage can lead to large losses as well as gains.

Please note FXCM Micro in its discretion may or may not offset individual transaction unlike transactions in most FXCM Standard accounts.

Products Offered

  • Self-Trading Forex Accounts
  •  
    • Standard 10K accounts
    • Micro
    • MetaTrader 4
    • Active Trader Account
    • CFD Account
    • Spread Betting Account
    • Mobile TSII
  • Segregated accounts through FXCM-UK (an FSA regulated entity)
  • Automated Trading
    • Forex System Selector
  • Non-USD Forex Trading Accounts
    • Euro
    • Pound
    • CAD
    • JPY
    • AUD
    • NZD
  • Trading From Charts
    • Placing trades directly from the charts
  • No Dealing Desk
    • Transparent and fair execution. Every trade is executed back to back with one of the world's premier banks or financial institutions, which compete to provide FXCM with bid and ask prices. The best spreads available to FXCM are streamed to you with a small markup, which is generally one pip or less for major currency pairs.
  • Fractional Pip Pricing
    • FXCM offers prices in tenths of a pip to provide lower spreads for popular currency pairs.
  • MetaTrader 4
    • All of the features of MetaTrader 4, plus the benefits of trading with one of the largest and most financially strong Forex Dealer Members.
  • $50,000 Practice Trading Account
    • You can test and evaluate trading strategies with no risk. You can access FXCM's Client Services staff 24 hours a day, 7 days a week, 365 days a year.
  • Forex News

o    DailyFX.com, FXCM’s free news Web site, is one of the world’s leading news and information sources for the currency trading community. With a wide international audience, it attracts over 4 million page views a month. DailyFX analysts produce 10 to 20 articles and reports every day on the latest changes in the currency market, providing timely technical analyses and a close examination of promising chart formations. DailyFX.com also attempts to predict market moves, explaining economic, political, and technical factors driving the market.

*Without proper risk management, this high degree of leverage can lead to large losses as well as gains.

† Please note FXCM Micro in its discretion may or may not offset individual transaction unlike transactions in most FXCM Standard accounts.

Languages: English, Arabic, Chinese, Farsi, French, German, Hebrew, Italian, Japanese, Korean, Portuguese, Russian, Spanish,

24 hour trading: Yes

Free demo account: Micro Demo Account, Regular Demo Account , Active Trader Demo

Live support chat: Forex Sales, Customer Service, Forex Market

Headquarters: Financial Square, 32 Old Slip, New York, NY 10005

 

 

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FXCM Promotions

FXCM King of the Micro Enter the Forex Trading Competition

FXCM has announced that its “King of the Mini” contest has undergone a make over and will now be known as “King of the Micro”FXCM Micro is the discount brokerage division of FXCM, and as...
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FXCM Gives Away Free Seminars

Do you have any trading questions and no one to answer them? Sign up for free forex trading seminars with FXCM. From Monday till Friday you can benefit from trading discussions with professionals....
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FXCM Updates

FXCM Has Acquired ODL

Friday, 14 May 2010

ODL broker is to be acquired by US-based FXCM broker that caters to both retail and institutional markets. ODL's strong UK and European businesses will provide an excellent complement to FXCM's...
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FXCM Forex Trading EXPO in La Vegas

Monday, 01 February 2010

Join FXCM at the Rio for this three day Forex Trading Extravaganza - Fore Trading Expo 2010. Location: Las Vegas, Nevada Date: Sunday, MAY 2 – Tuesday, May 4, 2010 FEATURED...
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FREE VPS Hosting on MT4 Accounts

Monday, 11 January 2010

FXCM provides an additional benefit for Metatrader 4 traders – free VPS hosting. It allows trader to eliminate the dependence on their home computer and improve the trading experience. The...
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FXCM Launches Net Stop & Limit Orders for US

Monday, 30 November 2009

FXCM broker announces a return of a great trading feature to FXCM Trading Station – Stop and Limits. FXCM has designed a new set of stop and limit orders which comply with the FIFO rules...
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FXCM Forex Broker - Trade the News LIVE

Sunday, 13 September 2009

FXCM forex broker invites traders to trade with DailyFX analysts who will take questions and provide analysis before, during, and after the news event. Live coverage starts fifteen minutes before the...
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fxcm reviews
General Information

BrokerFXCM

Trading Platforms : Trading Station II, MetaTrader 4, Active Trader, Forex System Selector 

Established : 1999

Languages : Spanish, French, Chinese, Russian, Portuguese, German, Italian, Arabic

Account Options

Accounts : Demo, Mini, Micro

Bonus : n/a

Demo Account : Yes

Min. initial DepositMicro - $25; Standard - $2,000; MT4 - $2,000; Active Trader - $25,000

Payment Options : Credit/Debit card, Online Check, Bank Wire, Paper Check

Trading Options

Spread : from 1 pip

Leverage : 1:200

Currency Pairs : 32

Extra Fee : None

Support Information

Email : sales@fxcm.com

Phone :

+ 1-212-897-7660

Toll-free (USA): 1 888-50-FOREX (36739)

Fax: 212-897-7669

Online Support : Yes