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FXCM

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6.4
(117 Reviews)

Founded: 1999 Min Deposit: 50 USD

Headquarters: England, United Kingdom Max Lev: 1 : 400

Score
Business Scope
8.2
Trading Cost
6.5
Trading Platforms
6.3
Support
6.6
Licence Status

operate with both strict & offshore licenses

CySEC 392/20
FCA 217689
ASIC 309763
Authorised
Authorised
Authorised
Contact
+44 2073984050
info@fxcmmarkets.com
https://www.fxcm.com
Good Reputation
Multilingual Support
Good Customer Service
Fast Order Execution
Market Execution
Multi-regulation
Strict Regulation
Multiple Trading Instruments
Islamic Account
Low Minimum Deposit
Bernhard Krebs
2022-11-24
The broker's trading platform is easy to understand and its customer support is helful.It has the best software in the trading world.
mannan
2023-02-05
Do not use their Mt4 platform for live trading. It is unstable.
FXEnjoyment
2022-12-12
I have been trading with FXCM for nearly 6 months and think they are an excellent broker. Their offer tight spreads and fast execution. I have been impressed by the quality of service I have received so far.
Mbulelo Trevor Tshabalala
2022-10-19
Customer support is quite good and helpful,deposit and withdrawal are very fast.But they have minor problems with entry set and sometimes have slippage.Hope it can be improved.
Account & Cost Deposit & Withdrawal Company & Service Broker News Related Complaints Reviews

Deposit and Withdrawal

7.0

Good

fast deposit

Features

Fast Deposit
Low Minimum Deposit

See more
See more

Company and Service

8.8

Very Good

Multi-language and many branch offices

Features

Multilingual Support
Quick Response
Good Reputation
Profile
Headquarters Address
20 Gresham Street, 4th Floor, London EC2V 7JE, United Kingdom
Founded 1999
Broker Type
MM/DD
Time Zone GMT
Credit Profile No information
Trading Platforms
MT4
Mac,  Windows,  iOS,  Android,  Webtrader
Contact
No Data
Others
Website Language
Arabic,  Chinese(Simplified),  Chinese(Traditional),  Dutch,  English,  French,  Greek,  Hebrew,  Indonesian,  Italian,  Malay,  Portuguese,  Spanish,  Tagalog,  Vietnamese
Customer Service By
Phone,  Email,  Live Chat,  Facebook,  Twitter,  Youtube,  SMS message,  RSS Feed
Supported Language
Arabic,  Chinese(Simplified),  Chinese(Traditional),  Dutch,  English,  French,  Greek,  Hebrew,  Indonesian,  Italian,  Malay,  Portuguese,  Spanish,  Tagalog,  Vietnamese

Broker News

FXCM Cyprus Appoints Constantina Konia as Compliance Officer 2024-02-06
Constantina Konia will serve as FXCM Cyprus Compliance Officer/Anti-Money Laundering Compliance Officer.
FXCM's New Sister Trading Platform Tradu Announces Vice President and Group CFO Appointments 2023-11-24
Bobby Nachev has assumed the role of Vice President at Tradu, and Maryke Faulkner is the platform’s Group CFO now.
FXCM UK Trading Figures for 2022 Show Comprehensive Revenue Rise 2023-10-09
FXCM UK's 2022 comprehensive income rises.

Related Complaints

Q&A Complaints

Does FXCM allow scalping?

Vlado Shah
Peru
2023-09-27
ANSWER Yes, FXCM does allow scalping. FXCM welcomes scalping strategies because of its No Dealing Desk (NDD) forex execution. You can open and close trades in any amount of time, even if you want to close the trade seconds after opening it.For more details, you can contact their customer support team.
See more

is fxcm still in business

Arthur Logunov
Fiji Islands
2023-08-25
ANSWER Yes, FXCM is still in business. It is a forex trading platform, headquartered in the UK, under strict regulations by several financial regulatory bodies, such as the Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), and the Australian Securities and Investments Commission (ASIC).FXCM is an online forex trading and CFD broker, offering various instruments such as forex, stocks, and Crypto for trading. It is suitable for various types of traders with educational courses on Forex trading and trading tools.On BrokersView, FXCM scores 7.9 out of 10 (as of Aug. 25, 2023) with 67 reviews from its clients. It is labeled as a broker with good customer service, fast order execution, and negative balance protection.
See more

Overall Score

6.4
117 Reviews

Cost 6.5

Platforms 6.3

Deposit & Withdrawal 7.0

Customer Support 6.6

Indicates the average level of Brokers

Keywords for selection
Low Spreads Low Swap Fee Deposit/Withdrawal Problems Fast Execution Do Not Recommend Recommend Reliable & Reputable Satisified Unstable Server Connection Good/Professional Customer Support

117 Reviews

Sort by
FXEnjoyment
0-6 months Standard Account Morocco
I have been trading with FXCM for nearly 6 months and think they are an excellent broker. Their offer tight spreads and fast execution. I have been impressed by the quality of service I have received so far.
2022-12-12
7
Reply
Mbulelo Trevor Tshabalala
0-6 months Standard Account Slovakia
Customer support is quite good and helpful,deposit and withdrawal are very fast.But they have minor problems with entry set and sometimes have slippage.Hope it can be improved.
2022-10-19
4
Reply
mannan
0-6 months Standard Account Poland
Do not use their Mt4 platform for live trading. It is unstable.
2023-02-05
1
Reply
Bernhard Krebs
0-6 months Standard Account Thailand
The broker's trading platform is easy to understand and its customer support is helful.It has the best software in the trading world.
2022-11-24
1
Reply
Sunday
Not used yet Latvia
I was a new trader and was looking around for a good broker.After doing some research and analysis,I decided to choose FXCM. After I gained some experience I still feel FXCM is the best to use.It is is properly regulated and absolutely safe and trustworthy.Besides they are well known and stable.They have everithing a trader needs.
2022-12-28
2
Reply
Md Abul Kasem
0-6 months Standard Account Cyprus
Don't trust this broker.I had many problems with them, that's why I stopped trading with them.
2023-02-04
1
Reply
Mike N
0-6 months Standard Account Australia
Excellent broker.The operation is very convenient, I like it very much.
2022-12-27
1
Reply
Abdur Rahman
0-6 months Standard Account Finland
FXCM has no problem, they can meet my withdrawal request in the shortest working day.
2022-11-19
1
Reply
mandla shabangu
0-6 months Standard Account Austria
I have accounts at four brokers,FXCM is the best one.I have not had much problems with FXCM.
2022-09-23
1
Reply
Theresa
1-3 years Standard Account Norway
I have been profitable for three months!
2022-09-23
1
Reply

1-10 of 117 comments

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.