It comprises of daily trading signals, technical analyser and trading analytics. FXCM is also a great option for beginners, due to its wide range of educational materials and easy-to-use platforms, including its latest integration with TradingView. FXCM offers a limited selection of CFDs, and its offering of exchange-traded securities was recently discontinued. In addition to the native Signals market on MetaTrader, FXCM offers the ZuluTrade platform for copy trading . People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.

All FXCM traders can access the client-service portal via their live trading account login details. As we have already discussed, FXCM provides access to a variety of trading platforms, and as a result, you can trade via the Trading Station, MT4, or ZuluTrade mobile fxcm review trading app. Trading Station is FXCM’s proprietary CFD and forex trading platform that supports advanced analytical tools and customizable charts. Trading Station is compatible with iOS and Android mobile devices and is available as a web and desktop app.

Customer Service

It is very easy to use with a fully customisable user interface that makes trading online a breeze. Keep in mind, when you trade on FXCM’s MT4 platform, the execution, trading features, and settings may vary from that of the flagship Trading Station platform. I like how the broker offers free MT4 EAs and apps that can automate part or all of your strategy, saving you crucial time in technical analysis. FXCM offer many different platforms to suit your trading needs, including the popular MetaTrader 4 platform and their very own proprietary Trading Station. When you open an account with FXCM, you can choose to trade from any platform which is great. It means you can seamlessly access and manage your account across all platforms depending on what is most convenient for you at the time.

• Transparency gives their clients a level of assurance and trust that the broker is meeting the client’s expectations when it comes to trading.
• Since its launch in 2007 it has become home to over 20 million traders worldwide.
• Prices come directly from a number of different liquidity providers and the FXCM matching algorithm displays the best bid and offer prices available at any given time.
• We encourage you to contact our team directly for the progress.

FXCM’s web trading platform is extremely customizable, provides a wide range of order types and has a great search function. We also compared FXCM’s fees with those of two similar brokers we selected, Forex.com and Pepperstone. This selection is based on objective factors such as products offered, client profile, fee structure, etc. Non-trading fees include charges not directly related to trading, like withdrawal fees or inactivity fees. Trading guides – a learning course covering all topics about forex.

They offer traders the possibility to customize trading platforms, and FXCM grants a free $99 plugin. Sierra Chart is a professional trading platform for the financial markets, compatible with many externally available trading services. Designed as a platform for professional traders, this multi-asset platform comes equipped with extensive functionality. Everything’s included, from the built-in 130 indicators and 14 chart types to advanced automated trading support via AgenaScript(C#).

The platform can deliver alerts via audio, email, or push notification to a mobile device. FXCM can cater to sophisticated traders with a broad range of advanced platforms and tools. Automated trading solutions often require a VPS service to operate effectively around the clock. FXCM offers two VPS solutions, charged at $30 or a currency equivalent per month. Traders who exceed $500K notional trading volume for three consecutive months will get the fee reimbursed.

The search function works well.You can search by typing in the name of the product, while there is also a categorized breakdown, for e.g. major currency pairs. FXCM’s desktop platform has great customizability and a good variety of order types. You can only withdraw money to accounts that are registered under you name. Trading Forex and CFDs with leverage poses significant risk of loss to your capital. Withdrawal can be done by card, Bank Wire or Skrill, Neteller and in Australia by Electronic Funds Transfer and Union Pay. While there are no withdrawal requirements, there are fees when using Bank Wire and Union Pay.

How to deposit money to FXCM account?

Your review means a lot to us, and we are delighted to hear about your positive experience. If you get stuck during the process, you can always reach out to FXCM’s customer support. At FXCM, customer support can be reached via live chat, phone and email. To avoid high conversion fees, consider opening a multi-currency account at a digital bank. Based on the H4 chart analysis, we can see that the price has broken below our ascending trendline and is currently at a support level. We plan to sell if the price closes below and wait for a pullback.

The selection of instruments is good, yet some market instruments like options and futures are missing. Also, the selection of the instruments might vary based on the entity you are registered with. Our experts find FXM a highly reputable broker since it’s authorized and regulated by some of the most rigorous regulators FCA and ASIC. It is considered low risk since these regulators offer compensation schemes and secure transactions. FXCM Overall Ranking is 7.9 out of 10 based on our testing and compared to other brokers due to its great conditions, see our Ranking below compared to other popular and industry Leading Brokers.

Our Top Platform, Built For You

It allows the client to build and test their algorithms directly via FXCM platforms. The Active Trader account uses a tiered commission structure which means the more you trade, the lower your commission cost will be. Our forex comparisons and broker reviews are reader supported and we may receive payment when you click on a link to a partner site. I have dealt with FXCM several times since 2014, and always their service is second to none. Also their Trading Station is in my opinion lightyears ahead of other platforms. Thanks a great deal for your positive review, Maroulla C. Antoniadou!

As a trader, you want pricing certainty and execution certainty. FXCM list statistic regarding their performance when it comes to execution and slippage. Transparency gives their clients a level of assurance and trust that the broker is meeting the client’s expectations when it comes to trading. FXCM to deliver on the client’s requirement of fast order execution with no slippage, competitive pricing and no re-quotes. I find the FXCM trading station platform of excellent performance and efficient to use without any problems. We’re really happy you loved your experience all the way and cannot wait to service you again anytime soon.

Novice traders can take advantage of FXCM’s extensive educational and research resources, as well as its video library that covers a wealth of trading topics. We know it’s hard to compare trading fees for forex brokers. So how did we approach the problem of making their fees clear and comparable? We compare brokers by calculating all the fees of a typical trade for selected products.

I want to trade options, are they available at FXCM?

The company’s portfolio includes CFDs of indices, commodities, forex and cryptocurrencies. Overall, we ranked FXCM Deposits and Withdrawals 8 out of 10. The fees are either very https://forex-review.net/ little or no fees at all depending on the entity. On top of that, the range of funding methods is quite wide. In January 2015, Leucadia has become the economic owner of FXCM.

When choosing a broker, regulation is one of the first things that I look for. I would always prefer to use a regulated broker as it gives me the peace of mind that they will operate in an honest and transparent manner. I am pleased to see that FXCM is regulated in multiple jurisdictions which means that I wouldn’t have any problems using them for my day trading activities.

You may discover that there are hidden fees, or that withdrawal times are longer than you anticipated. We check these factors and others so you know what to expect when trading with this broker. Traders tend to underestimate customer support, but it might be a crucial feature in moments of crisis. In our rating, we check the contact methods available, how accessible a live agent is and how helpful the responses are.