FXCM

Description of the FXCM Broker

FXCM is one of the leaders in the Forex and CFD brokerage market with 21 years of experience. During this time, the company has received dozens of awards, developed numerous offices worldwide, and established a successful partnership with Leucadia. FXCM offers its clients services without commissions, spreads from 0.0002 points, leverage up to 1:400, fast order execution in 0.027 seconds, extensive educational materials, and 4 platforms to choose from.

Information about FXCM

FXCM is owned by FXCM Markets Limited and registered in Bermuda. The organization has been operating successfully since 1999. The company does not disclose information about licenses, stating that it is not obligated to hold a license for financial and brokerage services. For client communication, there are web chat, two emails, and company office addresses in various cities worldwide. Additionally, there are over 20 mobile lines available for feedback.

Trading Conditions at FXCM

The broker trades foreign currency in the Forex market, as well as contracts for differences for stocks, indices, commodities, and cryptocurrencies. FXCM does not provide separate accounts or tariffs. Several popular trading platforms are available:

  • Trading Station. A platform with a news section, cloud storage, charts, indicators, and automated trading capabilities.
  • MetaTrader 4. A platform with a mobile app, scalping, micro-lots, hedging, and a demo account.
  • ZuluTrade. A platform for copying trades of other traders.
  • TradingView. A social network for sharing opinions and analytics.
  • Capitalise.ai. A platform with artificial intelligence for technical analysis.

Depositing and Withdrawing Funds at FXCM

FXCM allows account funding through bank cards, transfers, Skrill, UnionPay, and Neteller. The minimum deposit amount is $50, and the withdrawal fee for bank transfer is $40.

Conclusion

FXCM stands out in the market with its longevity, awards, absence of hidden commissions, and favorable conditions. Before making a final decision, it is recommended to study the company information, read reviews, and consult with trading experts.