FXCM logo

No Regulation

Score

2

FXCM

United Kingdom flag

United Kingdom

Above 20 years, No Regulatory License, No License

Regulation

2

License

2

Image

Business

2

Software

Risk Control

2

2

Scam

Licenses

Basic Information

Registered Region

United Kingdom flag

United Kingdom

Contact Number

4001-200880

Operating Period

Above 20 years

Company Website

https://www.fxcm.com/

FXCM is a retail forex broker that was founded in 1999. The company is headquartered in London, UK, but has offices and affiliates in a number of other countries, including Australia, Germany, France, Italy, Greece, Hong Kong, Japan, South Africa, and the United States.

The company provides online trading services in forex, contracts for difference (CFDs), and other financial instruments. FXCM offers various trading platforms including Trading Station, TradingView Pro, MT4, and Capitalise AI.

 

MT4 Leading
Broker

 

Market Instruments
FXCM offers trading in five major classes of tradable assest, including forex, shares, commodities, indices, and cryptocurrencies, which provides traders with varying interests and strategies a broader portfolio.

 

Accounts
FXCM seems to only offer a single live account type. Their website does not reveal specific info on account types.

However, it offers demo account options. FXCM’s demo account, elaborately, provides a realistic trading experience with access to live market prices across multiple asset classes. Traders can receive $20,000 in virtual funds to practice executing buy and sell orders on FXCM’s user-friendly trading platform, available 24/5. This risk-free environment enables traders to hone their strategies and gain confidence before transitioning to a live funded account.

 

Leverage
FXCM offers several leverage options for trading Forex (FX) and Contracts for Difference (CFDs), depending on the account equity.

For equity less than $5,000, traders can access up to 1000:1 leverage for both FX and CFDs.

Accounts with equity between $5,000 and $50,000 are eligible for up to 400:1 leverage on both FX and CFDs.

Accounts with equity greater than $50,000 can leverage up to 100:1 for FX and up to 200:1 for CFDs.

 

Trading Platforms
FXCM offers four different trading platforms for traders to choose from, Trading Station, MT4, Capitalise AI, and TradingView Pro. All are available on desktop, web and mobile devices.

 

Trading Platform Supported Available Devices Suitable for
Trading Station Desktop, Web, Mobile /
MT4 Desktop, Web, Mobile Beginners
CapitaliseAI Desktop, Web, Mobile /
TradingView Pro Desktop, Web, Mobile /
MT5 / Experienced traders

 

Deposits & Withdrawals
FXCM welcomes several payment methods, including Bank Transfer, Visa, MasterCard, Google Pay, Neteller, and Skrill.