Forex Capital Markets (NYSE: FXCM) Broker Review


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    Visit BrokerRisk Warning: Your capital may be at risk


    💻 Demo Account: Yes
    ⚖ Allows Hedging: Yes
    🔪 Allows Scalping: Yes
    🏢 Headquarters: New York, NY
    📅 Founded: 1999
    📈 Trading Platform(s): MetaTrader4, Active Trader, Trading Station II, Trading Station Gateway, Mirror Trader
    📜 Regulating Authority(s): FCM, CFTC, RFED, NFA, FSA, SFC, ASIC, FSA/ACP, CONSOB
    💰 Minimum Deposit: $100
    📣 Maximum Leverage: 100:1

    Visit Forex Capital Markets (NYSE: FXCM)
    Risk Warning: Your capital may be at risk

    $100
    Minimum Deposit
    100:1
    Maximum Leverage
    1999
    Founded

    Our Review of Forex Capital Markets (NYSE: FXCM)

    Forex Capital Markets (NYSE: FXCM)
    Forex Capital Markets (FXCM) is one of the oldest and most recognized names in the online currency trading space. As an American company, FXCM is listed in the New York Stock Exchange and is regulated by the United States Securities and Exchange Commission (SEC). Although FXCM got its start as a developer of technologies to facilitate online trading, the company is known for its retail brokerage services.
     
    Aside from its U.S. operations, the company also keeps a presence in a number of European and Asian jurisdictions. Over the last few years, FXCM has faced tight regulatory scrutiny as a result of its acquisition of Refco, a forex broker that went through complex bankruptcy proceedings. These days, FXCM is a highly competitive broker in terms of spreads. The bulk of its business consists of no-dealing trading desk transactions, which typically priced at three pips and lower. Going through the dealing desk will save some traders one pip on most currency pairs, and active traders can take advantage of even lower spreads.
     
    FXCM offers its very own Trading Station platform in desktop, mobile and Web versions. In addition to the proprietary Trading Station, FXCM customers can choose from other platforms such as MetaTrader 4 and ZuluTrade. Promotions and bonuses at FXCM are periodic and are typically in the $50 range for new accounts.


    Visit Forex Capital Markets (NYSE: FXCM)'s Website

Company Information
Broker's Name
Forex Capital Markets (NYSE: FXCM)
Headquartered in
New York, NY
Year Founded
1999
Regulating Authority
FCM, CFTC, RFED, NFA, FSA, SFC, ASIC, FSA/ACP, CONSOB
US Clients Accepted
Yes
Telephone Number
1 212 897 7660
Fax Number
1 212 897 7669
E-Mail Address
info@fxcm.com
Account Options
Type of Broker
No Dealing Desk
Commission
Yes
Mini Account
Yes
VIP Account
No
Segregated Account
Islamic Account (Swap Free)
No
Demo Account
Yes
Institutional Accounts
Yes
Managed Accounts
Yes
Maximum Leverage
100:1
Minimum Deposit
$100
Deposit Options
Credit Cards, Debit Cards, bank Wires, ACH, Paper Check
Withdrawal Options
Credit Cards, Debit Cards, bank Wires, Paper Check
More Instruments
Metals
Yes
Oil
No
Gold
No
Indices
Yes
Stocks
No
Commodities
Yes
ETFs
No
CFDs
Yes
Trading Platform
Platform Type
MetaTrader4, Active Trader, Trading Station II, Trading Station Gateway, Mirror Trader
Platform Languages
English, Arabic, Chinese, French, German, Hebrew, Italian, Japanese, Portuguese, Russian, Spanish, Urdu
OS Compatibility
Microsoft Windows
Streaming News Feed
Yes
Charting Package
Yes
Trading Signals
Yes
Automated Trading
Yes
Trade From Charts
Yes
Market Commentary
Yes
E-mail Alerts
Yes
Mobile Alerts
Yes
Scalping
Yes
Hedging
Yes
Trailing Stops
Yes
Guaranteed Stop Loss
Yes
Guaranteed Limit Orders
No
Guaranteed Fills
No
Interest on Margin
No
One-Click Execution
OCO Orders
Yes
Mobile Trading
Yes
Web-Based Trading
Yes
Customer Service
Customer Support Languages
Greek, Turkish, Scandinavian, Italian, Portuguese, Chinese, Spanish, French, Russian, German, English, Arabic, Hebrew, Chillian
Customer Service Hours
24-
Place Trades Over the Phone?
Yes
Bonuses & Rewards
No Deposit Bonus
No
Bonus for First Deposit
No
Is the Bonus Based on the Volume of the Transaction?
No
Other Bonuses
No


English
Our Rating: 
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Broker Type: 
Forex

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