FXCM Review

These bodies ensure the platform follows adequate financial requirements. We will break our previous table to evaluate this broker. FXCM integrates with eFXplus, a FinTech app that simulates FX strategies, trade positions, quant models, forecasts, and insights from major banks.

Competitive Spreads for Active Traders

FXCM provides access to many educational resources with a dedicated section to help you learn https://forex-review.net/fxcm-review/ to trade successfully. Note that this program has different requirements, depending on which entity holds your account. FXCM has two account types that are extremely easy to open. The good news is that many of them appeal to novice and experienced investors. FXCM is a leading broker that has been around since 1999. So, we highlighted several criteria that should matter to every investor, regardless of their interests and experience.

Instant Funding

We allow traders from all over the world including US, Asia, Africa, Europe & Australia. IFA is backed by FXCM®, worlds largest regulated CFD forex trading broker. Becoming a funded trader got easier!

Additional Resources

Read our MetaTrader 4 review to learn more about this amazing platform. For those interested in competitive trading conditions and top-tier regulation, FxPro could be the right option for you. Read our IC Markets review for more on this trusted broker. However, after one year of inactivity, the platform will charge you a $50 inactivity fee.

Withdrawals via wire transfer, on the other hand, require a $40 fee, which is comparable to transfer fees charged by other major brokers. Of course, this can be risky as you are relying on independent traders to essentially manage your positions for you. Additionally, Trading Station offers over 50 indicators and nearly 20 drawing tools in addition to price overlays and real-time alerts. This platform uses Marketscope, a professional charting package, to allow users to trade directly from charts and easily edit orders.

• Besides the rebate program, users can access different bonuses that get updated regularly.
• These seminars offer insights from experts that are sure to help beginners and advanced traders become more knowledgeable.
• At TopBrokers, we understand that choosing a broker can feel a bit risky.
• FXCM is very old and reliable broker, with many licenses.
• Additionally, Trading Station offers over 50 indicators and nearly 20 drawing tools in addition to price overlays and real-time alerts.

Compare Brokers

First and foremost, FXCM offers incredibly competitive spreads and commission rates by default. FXCM offers 24/5 customer support available through phone, e-mail and live chat. These add-ons, alongside countless others that are offered through the app store, can be used to upgrade FXCM’s trading platforms as you see fit. The Webinar Archives contain recorded live classroom sessions on different topics, such as trading psychology, intro to automated strategies, and understanding price action.

Trading Station

Its different trading tools and platforms provide an excellent opportunity for research with a wide range of charting and analytical tools. Forex Capital Markets has moderate fees compared to other brokers. FXCM is a comprehensive broker that allows investors to trade more than 400 CFDs, forex, cryptocurrencies, fractional shares, indices, and commodities. FXCM provides investors access to many trading platforms in multiple markets. You can trade almost 400+ types of CFDs, forex, cryptocurrencies, shares, indices, and commodities in various markets. At the same time, experienced investors can monetize their trading strategies by sharing their knowledge.

The Funded Trader

If you notice any patterns around when it happens or have additional details, feel free to let us know through any of our support channels – fxcm.com/uk/help/ Of course, customer service is an important consideration when choosing a broker. Moreover, FXCM offers in-person seminars every Wednesday after 6 pm at its head office in the United Kingdom. Withdrawals completed via credit/debit card do not incur any fees. FXCM customers also have the option of trading through the MetaTrader 4 mobile app.

Previously they were having ICmarket as broker which… This month trader clear is still on 112 from last 6 months. We're thrilled to hear that you find our brokerage reliable and that you're satisfied with our leverage, tight spreads, and competitive pricing. Dear Trader, Thank you for taking the time to share your experience! I like that it is compatible with trading view platform We're glad to hear you enjoy the platform and find the research tools valuable.

• These features give novice and seasoned traders confidence in FXCM.
• Easy to setup on the platform and executing trade orders speed is generally good.
• I like that it is compatible with trading view platform
• However, sometimes the process takes a few days to get your account up and running.
• Moreover, FXCM offers in-person seminars every Wednesday after 6 pm at its head office in the United Kingdom.

As MetaTrader 4, or MT4, is one of the most common forex trading platforms, it’s no surprise that FXCM offers it alongside its own flagship platform. These benefits, among others, are tailored to meet the unique needs of more active and demanding traders. First, Active Traders are eligible for active trader pricing, which provides generous discounts on commissions and significantly tighter spreads. All things considered, FXCM’s commissions and fees remain competitive with other major forex brokers, such as FOREX.com and FxPro.

QT Funded

There are plenty of tools you can use to assist your trading system Moreover, its bank withdrawal fees can turn off some users. FXCM offers multiple educational resources, including articles, tutorials, live classes, and webinars. Using this demo account will give you confidence in your trading skills and help you become a better investor.

We wanted to have a bias-free evaluation of this popular broker. Deciding whether it’s the right broker for you can be a little tricky.

Copying of materials is allowed only with the presence of an active link to a source page TopBrokers.com would like to remind you that the data contained in this website is not necessarily real-time nor accurate. At TopBrokers, we understand that choosing a broker can feel a bit risky.

Other than that, its a wonderful experience. Very good and reputable broker, with best history in FX industry Great platform to use.

As all our challenges are publicly displayed and email notifications come direct from ICMarkets. I had a terrible experience with this Forex Prop Firm. Fantastic prop firm without a doubt.

It allows beginner traders to learn from experts and follow in their footsteps. All FXCM traders can access TradingView, which provides technical analysis and charting options. These features give novice and seasoned traders confidence in FXCM.

It supports many trading platforms that you can learn by reading our FxPro review for more information. It supports many trading platforms and provides fast execution speeds. IC Markets offers low spreads and massive educational resources with free deposit and withdrawal options.