Moreover they offer 20,000 USD in their demo account as virtual money to start trading for learning. But their virtual money & demo account will be expire after 30 days of inactivity. They are popular for their reliable and user friendly trading platform which rarely hang while opening or closing the trade. Their spread is not the lowest, but it is still very competitive as compared with other brokers. It is also a great option for active traders who benefit from an abundance of technical analysis tools, including over 150 analytical tools and a wealth of customisable charts and drawing tools.
- It turned out that there was a mixup with my banking information.
- There are no push notifications and real-time alerts on the Android version, which are available on most other great mobile trading apps.
- So markets are open but your servers don’t start till 6 am GMT time?
- If you are looking for the best possible spreads, then Active Trader is the best choice.
- To verify the availability of any features or markets within your country of residence, please contact the broker directly.
They can also access avant charting tools, and use FXCM’s Real Volume indicator. By providing access to these diverse assets, FXCM empowers traders to diversify their portfolios. If you’re interested in discovering more regulated brokers like City Index and FXCM, schedule a free consultation with us today.
FXCM Overall Rating
To open an account click on the ‘open an account button and fill out your country of residence, email address, account type, and platform type. If you are looking for copy trading then activate the ZuluTrade platform. And in case you want to trade with an automated trading strategy then NinjaTrader has got you covered. Along with the most popular MT4 for desktop, mobile, or web the broker has given choices to select high-tech platforms like ZuluTrade and NinjaTrader.
Tools & Features
The service was fantastic.I have dealt with FXCM several times since 2014, and always their service is second to none. Also their Trading Station is in my opinion lightyears ahead of other platforms. All of the content on BrokerNotes.co is researched, fact-checked, and edited by members of our editorial team. Our ratings and rankings are driven by our independent data collection.
I lost connection to my trading station, and connected with a gentleman in support called Joseph. He managed to understand and fix my problem within a few seconds, no mess no fuss. Our rigorous data validation process provides our readers with quality data they can trust. All websites and web-based platforms are tested using the latest version of the Google Chrome browser. Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running the latest version of macOS to test trading on the go. Tradingview is a third party software which is available through FXCM.
FXCM users have access to a basic pack of tools plus a great selection of technical analysis tools. The charting tools are outstanding and very customizable with more than 50 available indicators. FXCM (Forex Capital Markets) is a forex broker founded in 1999 in New York, currently based in London, UK. The company was banned in the U.S. because of fraud charges. Global Brokerage, Inc. the previous parent company of FXCM filed for bankruptcy in late 2017. Our primary goal at The Tokenist is to simplify the word of financial decision-making, so that investing is not only easy – but also fun.
FXCM Regulation & Safety of Funds
This is a trusted reviewing site which requests you to provide real information for your claim here. FXCM is a regulated broker & they are also regulated with the South African regulator FSCA. We found them to be very trusted in terms of the regulations.
FXCM Range Of Markets (CFDs & Forex)
Steven Hatzakis is the Global Director of Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. FXCM is also a great option for beginners, due to its wide range of educational materials and easy-to-use platforms, including its latest integration with TradingView. Are you curious about finding more regulated brokers like ST Global Markets and FXCM? By joining FXCM’s Forex Affiliate Program, individuals and businesses can capitalize on these vast offerings.
Here are some more details in regard to the FXCM minimum deposit and the deposit methods that are available to you as a trader with FXCM. Also, you only need the most basic of details including your name, email, country, and a mobile number in order to open an FXCM demo account, the process could not be easier. When it comes to FXCM awards, they have won more than 25 over the years. This includes picking up an award for having the best trading tools in 2020.
A vital part of any trader’s experience, a broker’s trading platform can make or break any trading experience. Check out our visual breakdown below to get an idea of how FXCM’s status as a Highly Trusted broker compares to the average Trust Score label in our database of 60+ forex brokers. These are the same fxcm canada review you will find as available on their website. Thanks to the global presence of the broker, they also have in excess of 20 numbers you can call from around the world to access customer service. Besides telephone, you can also contact FXCM customer service through the website-based live chat, and email.
What Extra Trading Services does FXCM Offer?
A trader can withdraw even CAD 1 from their trading account. FXCM primarily offers only two types of accounts; these are the Retail account and the Active Trader account. The Retail account is meant for beginners and individual traders while the Active Trader account is meant for high-volume traders and institutional traders.
FXCM is the best broker
There are no account minimums, enabling traders of all sizes to start their forex trading journey as they see fit. FXCM offers users a near-flawless educational experience that includes training videos, webinars, written content, as well as a demo account with £50,000 of virtual money. The company offers a bundle of great basic forex training lessons, and a considerable video archive full of well-produced, high-quality video lessons. The broker’s intuitive and easy-to-navigate website provides all the information you’ll need to open an account and begin trading in several markets. You can also open a demo account to test the broker’s services and platforms before committing any funds. You can choose from among several excellent trading platforms and can access copy trading through FXCM’s social trading platform and automated trading via FXCM Apps and MetaTrader4 (MT4).
No Rollover fees campaign makes FXCM easily the best CFD broker. I saved over $10,209 in rollover fees trading with FXCM for almost 2 years now. It makes a massive difference in these rough markets where instead of 5% P.A for overnight holdings you are paying 0%. We sincerely apologize for the inconvenience you’ve experienced with our services on TradingView.
This will enable them to benefit from a fruitful partnership with a reputable broker. FXCM has a range of dynamic and rewarding affiliate programs. These allow affiliates to earn substantial commissions for every qualified client they refer. We highly appreciate you being a customer and helping to share the word about us. Our team is always happy to help, so if you ever need anything else, do not hesitate to let us know. Your trust and strong support have made our day, Cec Collins!
When comparing the spreads to other brokers, FXTM at first glance appears to have only average spreads. FXCM standard spreads generally fall in the midrange when compared with other brokers with the most competitive spreads on offer appearing to be for AUDUSD and AUDJPY currency pairs. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time.