FXCM review
4.6

FXCM review

FXCM, founded in 1999, maintains regulatory licenses from four Tier-1 regulators (ASIC, CIRO, FCA, and EU MiFID) and two Tier-2 regulators, ensuring a secure trading environment and high standards of investor protection.

Regulatory Strength

FXCM, founded in 1999, maintains regulatory licenses from four Tier-1 regulators (ASIC, CIRO, FCA, and EU MiFID) and two Tier-2 regulators, ensuring a secure trading environment and high standards of investor protection.

A Glimpse into the FXCM.com Advantage

  • Diverse Asset List: With over 440 tradeable symbols, including forex pairs, cryptocurrencies, and CFDs on indices and commodities, FXCM offers traders ample opportunities for portfolio diversification across various markets.
  • Competitive Fees: FXCM provides competitive pricing with $0.00 commissions and low spreads, making it an attractive option for active traders seeking cost-effective trading solutions.
  • Advanced Trading Tools: Traders benefit from a suite of advanced trading tools, including the proprietary Trading Station platform, MetaTrader 4, and ZuluTrade for social copy trading, empowering traders with comprehensive market analysis and execution capabilities.
  • Regulatory Compliance: FXCM’s adherence to top-tier regulations ensures transparency, accountability, and investor protection, instilling trust and confidence among traders.
  • Educational Resources: FXCM offers comprehensive educational resources, including webinars, videos, articles, and trading guides, catering to traders of all experience levels and enhancing their trading knowledge and skills.
  • Award-Winning Platforms: FXCM’s platforms, including Trading Station and MetaTrader 4, have earned accolades for their stability, functionality, and user-friendly interfaces, providing traders with optimal trading experiences.

Pros and Cons – Weighing the Advantages and Disadvantages

Pros
  • Competitive fees with $0.00 commissions and low spreads.
  • Advanced trading tools and educational resources for traders of all levels.
  • Award-winning platforms offering stability and ease of use.
Cons
  • $500 minimum deposit required for the ThinkZero account.
  • Limited payment methods available for UK traders.
  • Scarce bonus offers or promotions.

FXCM review Details

Restricted Countries
Currency pairs
a diverse range of assets, advanced trading platforms, and competitive fees.. : FXCM, with its extensive regulatory compliance, diverse asset list, competitive fees, and advanced trading tools, presents a compelling option for traders seeking a reliable and trustworthy broker. Whether you're a novice or an experienced trader, FXCM offers the tools and resources necessary to succeed in the dynamic world of forex and CFD trading.
4.0
Trust & Safety
4.0
Platform & App
4.0
Non-trading Fees
5.0
Customer Service
4.6 Overall Rating

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FXCM review
4.6/5