FXCM Forex Review 2026

Name: FXCM Forex Review 2026
Item: FXCM
Rating: 4.1
Author: Adam Peters

Our Ratings

4.1

out of 5

Safety & Regulation

4.5

Fees & Costs

3.8

Markets & Products

3.3

Platforms & Execution

4.6

Deposit & Withdrawal

4.1

Trading Tools & Research

3.3

Account Opening

5.0

Customer Service

4.1

Education

4.6

Key Facts

Regulation

FCA, CySEC, ASIC, FSCA, ISA

Broker Type

STP, Market Maker

Min. Deposit

$50

Platforms

Web, Mobile, Desktop, Trading Station, TradingView, MetaTrader 4 (MT4), Capitalise AI

Negative Balance Protection

Yes

Max Leverage

1:30 (FCA), 1:30 (CySEC), 1:30 (ASIC)

Demo Account

Yes

Spreads From

0.8 pips

VISIT FXCM Compare all broker reviews

63% of retail FX and CFD accounts lose money.

FXCM - At a Glance

Company & Overview

Established: 1999
Headquarters: 110 Bishopsgate, 17th Floor, London EC2N 4AY, United Kingdom
International Offices: United Kingdom, Cyprus, Germany, Australia, Canada, Isreal, South Africa
Publicly Traded: No
Broker Type: STP, Market Maker
Regulation: FCA (United Kingdom), CySEC (Cyprus), ASIC (Australia), FSCA (South Africa), ISA (Israel)
Segregated Client Funds: Yes
Negative Balance Protection: Yes
Retail accounts are topped back to zero after a stop out, however volatile the market. Professional clients must pay in to clear a negative balance themselves. Applied per account, so funds elsewhere are not touched.
Banking License: No
Languages: English, French, Chinese, Dutch, Italian, Spanish, Greek, Indonesian, Malay
Customer Support: Live Chat, Email, Phone, SMS, WhatsApp
Customer Support Hours: 24/5

Account Types

Demo Account: Yes
Swap Free Account: Yes
Joint Account: Yes
Corporate Account: Yes
Managed Account: No
PAMM / MAM Trading: No
Social / Copy Trading: No

Account Conditions

Minimum Deposit: $50
Payment Methods: Bank Transfer, Credit Card, Debit Card, Paypal, Apple Pay, Google Pay, Skrill, Neteller, Rapid Transfer, China Online Payment, Cryptocurrency
Account Currencies: USD, GBP, EUR
Maximum Leverage: 1:30 (FCA), 1:30 (CySEC), 1:30 (ASIC)
Bonuses: Yes
Contests: No

Trading Conditions

Markets & Products: Forex, CFDs, Spread Betting
Currency Pairs: 40+ FX pairs
Minimum Lot Size: 0.01
Maximum Lot Size: 500
Decimal Pricing: 5 decimals
Order Types: Market, entry, limit and stop orders. Stop loss, take profit and trailing stop. OCO orders supported on Trading Station. Range orders and at-best execution available.
Execution Type: STP, market maker
Margin Call Level: 50% margin level
Stop Out Level: 50% of entry margin (liquidation margin)
Hedging: Yes
Scalping: Yes

Fees & Costs

Spread Type: Variable
Spread From: 0.8
Commission: No Commission
Overnight / Swap Fees: Yes
Deposit Fee: No
Withdrawal Fee: Varies
Free by card. Bank wires cost up to USD 40 on some accounts. Card withdrawals are limited to what you deposited by that card.
Currency Conversion Fee: Yes
Account Maintenance Fee: No
Inactivity Fee: Yes
Up to 50 units of your account currency a year, after 12 months without a trade. Charged on each idle account separately, and capped at whatever is left in it.
Custody Fee: No

Platforms & Tools

Trading Platforms: Web, Mobile, Desktop, Trading Station, TradingView, MetaTrader 4 (MT4), Capitalise AI
Mobile App: Yes
API Access: Yes
VPS Hosting: Yes
Automated Trading: Yes

How FXCM's costs compare

Spread from (major pairs)0.8 pips

Catalogue median: 0.8 pips across 49 brokers · lower is cheaper

Minimum deposit$50

Catalogue median: $10 across 49 brokers · lower is more accessible

The marker is the median of every active broker we rate, computed from the same structured data as the reviews. Headline from-spreads are the broker's advertised best case; your account type and instrument change them.