FXCM

Forex Capital Markets

Details

BrokerForex Capital Markets
Website URLhttps://www.fxcm.com/
Founded1999
HeadquartersUnited States
Support Number08082348789
Support Typesemail , telephone
Languages16 languages supported
Trading Platformmetatrader 4 | proprietary platform | web platform
Minimum 1st Deposit50$
Minimum Trade Amount0.01
BonusNo bonus
Leverage1:200
Spreadfloating
Free Demo Account Open Demo
Regulated Yes
RegulationRegulated By: ASIC, FCA
Fees Yes
Account TypesMini account , Standard account , Active Trader Account
Deposit MethodsWire Transfer , Credit/Debit Card , Web Pay
Withdrawal MethodsWire Transfer , Credit/Debit Card , Web Pay
Number of Assets100+
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes
Overall Score

Brief description

Forex Capital Markets or FXCM is one of the leading online brokers, with almost 20 years of experience in the retail brokerage industry. The company was founded in 1999 and given the fact that it managed to survive until now, you can figure out yourself that they managed to satisfy their clients’ needs.

Even though the company was established in the US and the US market had been one of their main focus, on January 27th 2017, FXCM ceased its operations in the US and it seems like the focus will be on the European markets.

FXCM had been awarded by various financial publications for its achievements and contributions it had along the way. Since 2004 to 2010, the company was between the fastest growing companies in America four times and it was voted by FX Week as being the broker with the best retail platform, in 2009 and 2010.

Trading Platforms

When it comes to trading platforms, the key features of FXCM is its proprietary trading platform, also called Trading Station. With over 10 years of developments, Trading Station managed to receive various awards and we must confess that it really offers some additional features, as compared with the metatrader 4 platform. It is also available in three different versions: for desktop, mobile and web platform. It offers a handful of tools that can also help you analyze your trading performance.

FXCM also has available the metratrader 4, which is the standard in the forex industry. Among other features it supports automated trading, it comes with comprehensive charting packages and a huge variety of technical indicators.

Customer Service

When it comes it customer support, FXCM offers its assistance for clients, 24 hours a day, 7 days a week, via email of phone. Unfortunately, they do not have live chat support, but the fact that they are available during weekend is a big advantage.

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