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Broker: FXCM

Overall Rating: 9.3 out of 10 


Accepts USA Traders: Yes 

Trading Platforms : FXCM Trading Station Desktop, FXCM Trading Station Mobile, FXCM Active Trader, FXCM Trading Station Web, Mirror Trader, MetaTrader 4

Established : 1999

Languages : Spanish, French, Chinese, Russian, Portuguese, German, Italian, Arabic, English, Italian, Japanese, Korean, Scandinavian, Turkish, Greek

Accounts : Demo, Basic, Premium, Active Trader, CFD, Segregated

Bonus : at the time of the review, no promotions available

Demo Account : Yes

Min. initial DepositMicro - $25; Premium - $5,000; MT4 - $2,000; Active Trader - $25,000

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

Spread : from 1 pip

Max. Leverage : 1:50 (for US traders), up to 1:200

Currency Pairs : up to 50

Extra Fee : None


fxcm forex broker reviewReviewed broker: FXCM

Company: Global Brokerage Inc. (Forex Capital markets LLC)

Established in 1999

Location: UK

Regulation: FCA (UK), ASIC (Australia), ISA (Israel), FBS (South Africa)

Note:  2017 – Forex Capital Markets LLC in USA has been banned by US National Futures Association NFA, license withdrawn from US Commodity Futures Trading Commission CFTC

USA traders: not allowed

Trading instruments: forex, commodities, CFDs, Indices

No dealing desk execution NDD: yes, but not for all accounts. Mini account has dealing desk execution

Maximum leverage: 1:100

Currency pairs: 39

Demo account: yes

Islamic swap free accounts: no

Account types: mini, standard, active trader

Minimum deposit requirement: $50

Payment methods: credit cards, wire transfer

Trading platforms: MetaTrader 4, Trading Station, NinjaTrader

Special features: the broker offers programming services for trading skripts, custom expert advisors, metatrader 4 programming

Spread types: floating

Spreads start from 1.8 pips

Commission on trades: yes (for standard and active trader accounts), starting from $8

Trading signals: available

Educational material: available

Scalping: allowed

Hedging: allowed

Automated trading: yes

VPS services: yes

One click trading: yes

API trading: available with FIX, JAVA and ForexConnect

Customer support: email, phone

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