FXCM is one of the leading platforms for FX and CFD trading. They offer global traders the most innovative trading tools for the best trading experience. They let clients access mobile trading as well to help them execute the orders in one click and trade using real-time charts. The best thing about FXCM is its educational courses on forex trading and how to use trading tools. Their innovative technology, quality pricing and transparency in execution make them apart from other brokers.
20+ Years Of Experience In Helping Fx And Cfd Traders Make The Best Trade Decision
- Excellent Technology
- High Level Of Transparency
- Quality Pricing
Pros / Cons
- Quick Trade Execution
- Highly Regulated
- Forex Trading Demo Available
- Awarded For Excellent Brokerage And Trade-Related Services
- The most popular trading platform MetaTrader 5, is not available on FXCM
FXCM Company Information
FXCM offers online forex exchange trading, CFD trading and other related services. Established in 1999, the purpose of FXCM has remained unchanged. Their main objective is still to make brokerage easier, simple and quick for FX and CFD traders. FXCM is a part of Leucadia Company which is further the merchant banking arm of Jefferies Financial Group. This affiliation with Jefferies and Leucadia has been very beneficial for FXCM. FXCM works in the traders’ best interests by committing to offer them an extraordinary trading experience.
FXCM accepts customers from most countries worldwide. However, there are some exceptions, such as residents from the USA, Japan, Hong Kong, Cuba, Russia, and South Korea.
FXCM Trading Platforms
Trading Station Web
The trading station web 2.0 is a newly built platform for Mac-friendly HTML5. Not only is it more organized and cleaner to view, but it also offers user-friendly features that make it the best trading platform out of all. News and Economic Calendar are integrated into the platform so that you don’t miss a thing.
FXCM Mobile App
If you need to trade on the go, FXCM’s mobile app is the best option. The mobile app is the most convenient way to access the forex market quickly. It helps to manage trade beautifully irrespective of the kind of smartphone that you use.
Trading Station VPS
You can truly enhance your trading experience by signing up for VPS hosting rather than using your home computer. There are many benefits of using a virtual private server, such as you can continue to have your Expert Adviser run even if the computer is turned off. You can also access your account remotely even if the trading station is not installed.
FXCM MetaTrader 4
Many of the FX and CFD traders trust FXCM’s MT4 platform as there are no trading restrictions involved, and scalping strategies are also allowed. You also get Expert Advisors and a Virtual Private Server with the MT4 account.
The most recent version of NinjaTrader (8th version) is available at FXCM. The platform offers many trading tools and promotes automated trading capabilities. Hence, one can create trading strategies from scratch using it.
TradingView is a social network for traders to get recent updates on forex and stock markets. You can use TradingView regularly if you need help executing your demo or wish to do live trading with FXCM.
Trading Accounts- FXCM
There are different kinds of trading accounts available at FXCM. You can choose any based on your needs and objectives.
CFD Trading Online
CFD trading lets you trade the price movements of currency, stock and commodities such as gold and oil without actually purchasing the underlying product. When you trade CFDs with FXCM, you enjoy the exclusive advantages that only a global leader is able to offer.
Spread Betting Online
If you are a UK resident, Spread Betting is the best way to enter the financial markets. You get the opportunity to enjoy tax benefits as well as earn considerable profits from rising and falling markets, all without actually owning the asset. In case you are interested in trading forex currency pairs, it is a good option to choose spread betting with FXCM.
Demo Trading Account
If you are a novice to trading forex and CFD, you can open a practice account with 50,000 worth of virtual money and start trading forex, bitcoin, gold and CFDs without any risk.
FXCM Trading Tools
FXCM offers various trading tools, add-ons, technical indicators, and automated trading robots for algorithmic trading. They are also accompanied by a technical support team that helps traders in all ways possible.
FXCM Trading Instruments
FXCM is a client-specific brokerage firm that keeps traders over and above everything else. FXCM helps them to trade various instruments, including Forex, CFDs, commodities, shares and currency.
FXCM Contact And Customer Support
The team of FXCM is always available 24*5 to help traders. They are known for their excellent customer service and have been awarded the same regionally as well as internationally. They strictly follow all the regulations and standards so that there is no sense of doubt when you trade in the global markets. You can always reach the customer support team of FXCM through chat, phone and email.
Account Opening With FXCM
Whether you are new to forex trading or an experienced investor, FXCM can help you get customized accounts keeping in mind all your needs and requirements. Opening an account with FXCM is easy. You just have to visit their website and click on the ‘open an account’ tab in the top right corner. Next, you need to fill out personal information. You can also open a demo account with FXCM if you wish to practice before starting to trade.
You can log in to MYFXCM with your live account’s username and password and click on “Deposit Funds”. There are many funding options available such as Credit or Debit Card, Bank Wires, Skrill, Neteller and more.
Yes, it is easy to open a demo account with FXCM. It has virtual funds worth 55,000 for new traders to practice before they start trading with a live account.
FXCM has offices in the major countries of the world, including the UK, EU, Australia, South Africa, Canada and Israel.
The quickest way to open a live account is to apply online. Once you have opened and funded your live account online, you can start trading within one or two business days.
Yes, FXCM has no restrictions for traders when it comes to hedging, automated trading, and news trading and hedging. You can turn on hedging by choosing “Hedging Functionality” from “Account Settings”.
FXCM is an award winning platform useful for both novice and technical traders to explore the most powerful tools such as Real Volume, Market Depth, and Trader Sentiment that can customize the trading experience.