FXCM Review
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
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.
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 - At a Glance
Trading Conditions
- Broker Type
- STP, Market Maker
- Minimum Deposit
- $50
- Maximum Leverage
- 1:1000
- Spread Type
- Variable
- Spread From
- 0.8
- Commission
- No Commission
- Decimal Pricing
- 5 decimals
- Minimum Lot Size
- 0.01
- Maximum Lot Size
- 500
- Hedging
- Yes
- Scalping
- Yes
- Assets Offered
- Forex, CFDs, Spread Betting
Account Types
- Demo Account
- Yes
- Swap Free Account
- Yes
- Managed Account
- No
- PAMM / MAM Trading
- No
- Joint Account
- Yes
- Social / Copy Trading
- No
- Bonuses
- Yes
- Contests
- No
Platforms & Tools
- Trading Platforms
- Web, Mobile, Desktop, Trading Station, TradingView, MetaTrader 4 (MT4), Capitalise AI
- One Click Trading
- Yes
- OCO Orders
- Yes
- Trailing Stop Loss
- Yes
- API Access
- Yes
- VPS Hosting
- Yes
Company
- Regulation
- FCA (United Kingdom), CySEC (Cyprus, Europe), ASIC (Australia), FSCA (South Africa)
- Segregated Client Funds
- Yes
- Negative Balance Protection
- Yes
- Headquarters
- 125 Old Broad Street, 9th Floor, London EC2N 1AR, United Kingdom
- International Offices
- United Kingdom, Cyprus, Germany, Australia, Canada, Isreal, South Africa
- 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
- Languages
- English, French, Chinese, Dutch, Italian, Spanish, Greek, Indonesian, Malay
- Customer Support
- Live Chat, Email, Phone, SMS, WhatsApp