FXCM Review
FXCM is a leading provider of online foreign exchange (FX) trading, CFD trading, spread betting and related services. Founded in 1999, the company's mission is to provide global traders with access to the world's largest and most liquid market by offering innovative trading tools, hiring excellent trading educators, meeting strict financial standards and striving for the best online trading experience in the market.
Clients have the advantage of mobile trading, one-click order execution and trading from real-time charts. In addition, FXCM offers educational courses on FX trading and provides trading tools, proprietary data and premium resources. FXCM Pro provides retail brokers, small hedge funds and emerging market banks access to wholesale execution and liquidity, while providing high and medium frequency funds access to prime brokerage services via FXCM Prime. FXCM is a Leucadia Company.
Typical Spread on Majors - Live
| EUR/USD | 0.4 |
| GBP/USD | 0.8 |
| USD/JPY | 0.4 |
- Company Info
- Swap Comparison
- Volume Comparison
| Headquarters | London, United Kingdom |
| Type of Broker | Market Maker & ECN/STP |
| Founded | 1999 |
| Regulated By | Regulated By ASIC (Australia), FCA (UK), ACP (france), AMF (France) |
| Offices In | Australia, France, Germany, Greece, Italy, United Kingdom, United States, Hong Kong, Israel, Canada, South Africa |
| Supported Languages | English, French, Italian, Hebrew, German, Spanish, Chinese, Arabic, Greek, Russian, Vietnamese, Mandarin, Slovak, Czech, Portuguese, Maylaay, Thai, Hindi, Tagalog, Cantonese, Bulgarian, Afrikaans |
| ESMA Regulation ? | This broker is regulated within the E.U and may be subject to ESMA's new Forex and CFD trading restrictions. To find out more about these restrictions, please see this article |
| Currencies Swap | |||
|---|---|---|---|
| Short | Long |
Type
| |
| Swap Chart for EURUSD for different FX Brokers |
|---|
| Change Currency | ||||
|---|---|---|---|---|
| Volume | ||||
| AUDCAD | 54 | |||
| AUDCHF | 111 | |||
| AUDJPY | 132 | |||
| AUDNZD | 204 | |||
| AUDUSD | 122 | |||
| CADCHF | 56 | |||
| CADJPY | 88 | |||
| CHFJPY | 144 | |||
| EURAUD | 166 | |||
| EURCAD | 62 | |||
| EURCHF | 74 | |||
| EURGBP | 124 | |||
| EURHUF | 8 | |||
| EURJPY | 164 | |||
| EURNOK | 207 | |||
| EURNZD | 186 | |||
| EURSEK | 1 | |||
| EURTRY | 46 | |||
| EURUSD | 72 | |||
| GBPAUD | 177 | |||
| GBPCAD | 93 | |||
| GBPCHF | 142 | |||
| GBPJPY | 172 | |||
| GBPNZD | 200 | |||
| GBPUSD | 333 | |||
| NZDCAD | 106 | |||
| NZDCHF | 126 | |||
| NZDJPY | 161 | |||
| NZDUSD | 179 | |||
| TRYJPY | 7 | |||
| USDCAD | 63 | |||
| USDCHF | 165 | |||
| USDHUF | 18 | |||
| USDJPY | 107 | |||
| USDNOK | 182 | |||
| USDSEK | 112 | |||
| USDTRY | 1 | |||
| XAUUSD | 100 | |||
| XAGUSD | 53 | |||
| BTCUSD | 122 | |||
| BCHUSD | 93 | |||
| ETHUSD | 113 | |||
| LTCUSD | 120 | |||
| Volume Chart |
|---|
- Account Details
| Account Currencies | USD, EUR, GBP, CAD, NZD, CHF, AUD, JPY |
| Minimum Deposit | $50 |
| Traders from USA Allowed | No |
| Clients Funds Segregated | Yes |
| Interest on Margin | Yes |
| Islamic Accounts | Yes |
| ECN / STP Accounts Offered | Yes |
| Commission on STP or ECN | $0.04/1k Lot per side |
| VIP Accounts Offered | Yes |
| VIP Account Requirements | $25,000 minimum deposit or $10 in million trades per month |
| Mini Accounts Offered | Yes |
| PAMM / MAM Solutions | Yes |
| API Solutions | Yes |
| Mobile Trading | Yes |
| Web Based Trading | Yes |
| Funding Methods | Wire Transfer, Check, ACH |
| Withdrawal Methods | Wire Transfer, Check, ACH |
- Platform Details
| Platforms Offered | MetaTrader 4, NinjaTrader, Trading Station Desktop, Trading Station Web, Trading Station Mobile, ZuluTrade |
| NO of Pairs | 39 |
| Pricing Digits | 5 |
| Trade off Charts | Yes |
| One-click Execution | Yes |
| Email Alerts | Yes |
| Mobile Alerts | No |
| MetaTrader Server Time | GMT + 0 |
| Demo Account Expiry | Non-Expiring |
| VPS Offered | Yes |
| Free VPS Conditions | Free with all accounts |
- Trading Details
| Dealing Desk | Yes |
| Maximum Leverage | 400:1 |
| Minimum Contract Size | 0.01 |
| Execution | Market Execution |
| Hedging | Yes |
| Scalping | Yes |
| Scalping Restrictions | No |
| Option of OCO | Yes |
| Option of FIFO | Yes |
| Liquidity Providers | 10+ |
| Negative Balance Protection | Yes |
- Additonal Instruments
| CFD's | Yes |
| Metals | Yes |
| Oil | Yes |
| Stocks | Yes |
| Indices | Yes |
| Spread Betting | Yes |
- Currencies Swap
| Short | Long | Type  |
|
| AUDCAD | 0.00 | 0.00 | 0 |
| AUDCHF | 0.00 | 0.00 | 0 |
| AUDJPY | 0.00 | 0.00 | 0 |
| AUDNZD | 0.00 | 0.00 | 0 |
| AUDUSD | 0.00 | 0.00 | 0 |
| CADCHF | 0.00 | 0.00 | 0 |
| CADJPY | 0.00 | 0.00 | 0 |
| CHFJPY | 0.00 | 0.00 | 0 |
| EURAUD | 0.00 | 0.00 | 0 |
| EURCAD | 0.00 | 0.00 | 0 |
| EURCHF | 0.00 | 0.00 | 0 |
| EURGBP | 0.00 | 0.00 | 0 |
| EURHUF | 0.00 | 0.00 | 0 |
| EURJPY | 0.00 | 0.00 | 0 |
| EURNOK | 0.00 | 0.00 | 0 |
| EURNZD | 0.00 | 0.00 | 0 |
| EURSEK | 0.00 | 0.00 | 0 |
| EURTRY | 0.00 | 0.00 | 0 |
| EURUSD | 0.00 | 0.00 | 0 |
| GBPAUD | 0.00 | 0.00 | 0 |
| GBPCAD | 0.00 | 0.00 | 0 |
| GBPCHF | 0.00 | 0.00 | 0 |
| GBPJPY | 0.00 | 0.00 | 0 |
| GBPNZD | 0.00 | 0.00 | 0 |
| GBPUSD | 0.00 | 0.00 | 0 |
| NZDCAD | 0.00 | 0.00 | 0 |
| NZDCHF | 0.00 | 0.00 | 0 |
| NZDJPY | 0.00 | 0.00 | 0 |
| NZDUSD | 0.00 | 0.00 | 0 |
| TRYJPY | 0.00 | 0.00 | 0 |
| USDCAD | 0.00 | 0.00 | 0 |
| USDCHF | 0.00 | 0.00 | 3 |
| USDHUF | 0.00 | 0.00 | 0 |
| USDJPY | 0.00 | 0.00 | 0 |
| USDNOK | 0.00 | 0.00 | 0 |
| USDSEK | 0.00 | 0.00 | 1 |
| USDTRY | 0.00 | 0.00 | 0 |
| XAUUSD | 0.00 | 0.00 | 0 |
| XAGUSD | 0.00 | 0.00 | 0 |
| BTCUSD | 0.00 | 0.00 | 0 |
| BCHUSD | 0.00 | 0.00 | 0 |
| ETHUSD | 0.00 | 0.00 | 0 |
| LTCUSD | 0.00 | 0.00 | 0 | Compare Swap rates from other Brokers |
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