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Rating: 7/10
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FXCM Ratings
Overall Rating:
7.0/10
Forex Software:
9/10
Assets Variety:
8/10
Customer Support:
8/10
Bonus & Promos:
3/10
FXCM Info
Established:
1999
Headquarters:
London, UK
Phone:
44 7537 432259
Email:
info@fxcm.co.uk
Link:
Leverage:
30:1
Platform:
Trading Stations, MT4, Ninja Trader
Banking Options:
Tradable Currencies:
Other Instruments:
Practice Accounts:
check   yes
Tournaments:
cross   no
Mobile App:
check   yes
Social/Copy Trading:
cross   no
FXCM or Forex Capital Market was founded in 1999, and it is a UK based Forex broker. Over the 20 years, it has become one of the world's most famous and largest forex brokers. It is regulated by UK Financial Conduct Authority, making it safe and low risk for Forex trading.


Trading Software

The FXCM trading software is easy to use and navigate around. For new users, there are frequently asked questions and answers on one section of the site. Moreover, the platform comes with a knowledge and information centre that provides new users with trading strategies. Video tutorials, webinars, seminars and online classrooms are also available. For new users, it is advisable to open a demo account for free practice as they learn more about Forex to avoid risking their money.

Trading Station platform: The platform is available for mobile, desktops and web.

MetaTrader 4: The MT4 platforms are available to hundreds of forex brokers. It is available for Windows OS and a mobile app for both iOS and Android. It is a global community for traders, making it a better solution for both retail and professional users.

Ninja Trader: The Ninja Trader platform consists of numerous FXCM features that offer traders with various tools. Through NinjaScripts, one can easily create strategies and indicators from scratch. Additionally, this platform includes automated trading capabilities.


Banking Methods

The various depositing methods include;
- Debit and Credit cards, which are processed within the same day
- Bank wire, which takes one to five days to process depending on the location of the client.
- Skrill
- Neteller
- Klarna
- Rapid Transfer


Customer Support

Besides Phone and 24/5 Live Chat options, other ways to seek assistance from the broker is through Emails and SMS messages. On the site, there are educational materials as well as a breakdown of topics where one can find answers to their inquiries.
Reviewed by: Dan

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    FXCM Screen Shot
  • FXCM screen shot
    FXCM Screen Shot
FXCM Welcome Bonus
Deposit Bonus Information:   (Updated: 08/25/2020)
FXCM doesn't offer a bonus to customers. Regulatory restrictions in the UK and Europe disallow them from doing so. These regulations block bonuses and promotions to clients.

"FXCM" User Comments

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check   1000:1 Leverage
check   Practice Accounts Available
check   MT4, Mobile Trader, Web Trader Platform
100%
up to
$30000
check   Binary Options Leverage
check   Practice Accounts Available
check   Binomo Platform
80%
up to
$4000
check   500:1 Leverage
check   Practice Accounts Available
check   MT4, MT5, WebTrader Platform
0%
up to
$0
check   500:1 Leverage
check   Practice Accounts Available
check   MT4, MT5, cTrader Platform
%
up to
$
check   Returns up to 90% Leverage
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check   Short Term, High/Low, One Touch Platform
30%
up to
$10000
check   30:1 Leverage
check   Practice Accounts Available
check   MT4, WebTrader Platform
0%
up to
$0

Review Definitions

The following index gives a detailed explanation of the Forex Broker Ratings and Bonus Offers in the reviews seen above.

Forex Broker Ratings

Forex Software
The quality of the Forex software and website.

Assets Variety
The variety of trade options and intstruments available.

Customer Support
This is a rating of how quickly the forex site processes withdrawal requests, plus how quick and helpful their support services are.

Bonus & Promos
This rating should consider the frequency, relative value, and organization of bonuses and promotions.

Bonus Offers

Match Bonus
What percentage of your initial deposit the broker will give you as a bonus.

Free Bonus
The free bonus the site will give you with no deposit required.