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ForexBrokerRating.com
Adam Peters
Written by Adam Peters
Broker Analyst
Updated
FXCM logo

FXCM Forex Review 2026

Key Facts
Regulation
FCA · CySEC · ASIC+1 more
Broker Type
STP, Market Maker
Min. Deposit
$50
Platforms
Web, Mobile, Desktop, Trading Station, TradingView, MetaTrader 4 (MT4), Capitalise AI
Fees
Low
Max Leverage
1:1000
Demo Account
Yes
Inactivity Fee
-

Our Ratings
4.3
out of 5
Safety & Regulation4.6
Fees & Costs4.6
Platforms & Execution4.5
Education4.6

63% of retail FX and CFD accounts lose money.

FXCM - At a Glance

Company & Overview
Headquarters
125 Old Broad Street, 9th Floor, London EC2N 1AR, United Kingdom
International Offices
United Kingdom, Cyprus, Germany, Australia, Canada, Isreal, South Africa
Broker Type
STP, Market Maker
Regulation
FCA (United Kingdom), CySEC (Cyprus), ASIC (Australia), FSCA (South Africa)
Segregated Client Funds
Yes
Negative Balance Protection
Yes
Languages
English, French, Chinese, Dutch, Italian, Spanish, Greek, Indonesian, Malay
Customer Support
Live Chat, Email, Phone, SMS, WhatsApp
Account Types
Demo Account
Yes
Swap Free Account
Yes
Joint 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
1:1000
Bonuses
Yes
Contests
No
Trading Conditions
Markets & Products
Forex, CFDs, Spread Betting
Minimum Lot Size
0.01
Maximum Lot Size
500
Decimal Pricing
5 decimals
Hedging
Yes
Scalping
Yes
Fees & Costs
Spread Type
Variable
Spread From
0.8
Commission
No Commission
Platforms & Tools
Trading Platforms
Web, Mobile, Desktop, Trading Station, TradingView, MetaTrader 4 (MT4), Capitalise AI
API Access
Yes
VPS Hosting
Yes

Pros & Cons

Pros

  • Strong global regulatory framework
  • Parent company is publicly listed on the stock exchange
  • Fast and easy account opening
  • Demo account for practise trading
  • Multiple fast and secure payment methods
  • Low minimum deposit
  • Negative balance protection
  • Low forex trading fee
  • Low CFD trading fee
  • No deposit and withdrawal fee
  • User-friendly web, mobile and desktop platform
  • Supports, TradingView, MT4, and Capitalise AI
  • Quality educational resources

Cons

  • Limited product offering
  • No integrated social, copy, and PAMM trading feature

FXCM alternatives

63% of retail FX and CFD accounts lose money.