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
Platforms
Restricted Countries
Australia
Canada
Cyprus
Czech Republic
France
United States