It provides a good trading experience for all kinds of investors, be it beginners or advanced traders. Since Friday evening after the recent market “crash” i have not been able to log into myFXCM.com to fund my account. This is very concerning as funding my account is vital to my trading strategy especially when the market is experiencing excessive declines and margin is required. No communication has been forthcoming from FXCM and no indication of a fix has been suggested either.

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Trading in Forex involves a significant risk of loss and may not be suitable for every investor. The use of CFDs, which are complex due to leverage, often results in retail accounts experiencing losses. It is crucial that you familiarize yourself with the specific aspects and all the risks related to trading in foreign exchange before starting. The content provided on Broker Insight Hub is intended solely for informational purposes.

Trade FXCM MetaTrader 4 on iOS Devices

• I have no doubt at all that you might have seen the same sort of thing.
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Costs are in-line and tariffs improve considerably for those trading sufficient volumes to qualify for an account upgrade. Looking past the headline bid-offer spreads it is also clear to see that the quality of the execution was very high with the firm able to boast about impressive slippage data reports. The abundance of trading platforms on offer means traders score very highly in this category. By offering Trading Station, MetaTrader 4 and NinjaTrader FXCM have pretty much covered all bases.

In our 2025 Annual Awards, FXCM finished Best in Class for its excellent Platforms and Tools. The range of products available to you will depend on which global entity under the FXCM Group houses your trading account. The following table summarizes the different investment products available to FXCM clients. FXCM offers users a near-flawless educational experience that includes training videos, webinars, written content, as well as a demo account with £50,000 of virtual money.

Numerous regulatory violations

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Beginner traders are encouraged to register with the Mini account, which requires a minimum deposit of $50. This account type adopts a market maker model and has spreads starting from 1.5 pips. While the mini-account pricing is not the best in the industry, the comprehensive educational resources and tools that this broker provides make it a good fit for beginners. Additionally, consider overnight fees or swaps as part of your trading costs if you pursue swing or long-term trading strategies.

Although traders have had great success with FXCM, trading on the financial markets with FXCM is not a get-rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading, your chance of success will greatly increase. When fxcm canada review selecting a broker such as FXCM, one of the most critical factors to consider is the broker’s regulatory body and regulatory status.

If you trade a notional amount of over $10 million per month, you qualify for a rebate for the trades you placed that is credited directly to your trading account the following month. You can choose from among several excellent trading platforms and can access copy trading through FXCM’s social trading platform and automated trading via FXCM Apps and MetaTrader4 (MT4). If you want to trade assets other than forex, FXCM also offers CFD trading in shares, metals, oil, commodities, indices and cryptocurrencies. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

The workshops take place at FXCM’s offices in all the jurisdictions of operations. Regarding non-trading fees, FXCM charges an inactivity fee of $50 for accounts that remain dormant for more than a year. This is considerably low but still significant for long term investors.

FXCM commissions and fees summary

Commission fees can vary depending on the type of financial asset being traded and the FXCM trading account level held by the trader. For traders who appreciate advanced trading tools and quality market research, FXCM is a winner – especially for algorithmic trading. Though its range of tradeable markets is growing, it remains fairly narrow.

• You should take the security of your personal information seriously and check SSL encryption is enabled on the FXCM trading platform to protect you on PC and mobile FXCM platforms.
• The site contains features that are extremely useful for beginner traders, including an extensive educational resource.
• By effectively managing risk, you can increase your chances of success in the markets.
• Those whom choose to blame their broker usually walk away from forex.

According to ForexBrokers.com, FXCM’s trust score is 95, making it highly trusted. Checking through the exact terms and conditions is always recommended but the firm appears to see stringent compliance and customer protection as selling points. Taking the UK operation as an example, FXCM LTD is authorised and licensed by the Financial Conduct Authority (FCA). It also offers clients Negative Balance Protection and segregation of client funds in accordance with FCA money rules. FXCM offer exceptionally extensive educational and training support. They even have to break the offering down into two sections, ‘Knowledge’ and ‘Insights’.

There are only 39 currency pairs to choose from, as well as 14 Stock Index CFDs and 10 Commodity CFDs. We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews.

The regulatory framework is hard to beat and the customer support is of a very high level. The trading experience, and choice of three state-of-the-art platforms is what will appeal to many. Customers can easily upgrade to automated, VPS trade executions and can tap into the deepest pools of market liquidity.

FXCM’s pricing for forex trading is slightly higher than the industry average. FXCM is currently owned by the reputable Jefferies Group, formerly known as Leucadia National Corporation. The brokerage is regulated by multiple regulatory bodies to include the Financial Conduct Authority (FCA) and the  Australian Securities & Investment Commission (ASIC). FXCM (Forex Capital Markets) is a forex broker founded in 1999 in New York, currently based in London, UK.

FXCM’s slippage was reported as +87% positive or zero in its July 2021 Slippage Statistics. The broker is the winner of FXEMPIRE Best Customer Support Award 2018 and 2017. FXCM provides 24/5 customer service via phone, live chat, and email.