FXCM: reviews and profiles

Company FXCM (Forex Capital Markets Ltd.) was established in 1999. Since 2001, the company is creating a portal DailyFX.com and mediates on term transactions on the stock exchange (FCM). The site DailyFX.com daily published 20 articles of analysis and information, as well as reports on the latest developments of the currency market. In 2002, the company is registered in the Office of Financial Services, in the same year opened an office in the UK. Already in 2007, the number of trading accounts was up 100,000 on the platforms of FXCM Holdings LLC. Offices in Australia and France began their work in 2008. Since 2009, introduced trade contracts for difference (CFD). The group of companies consists of FXCM FXCM Futures LLC, FXCM Holdings LLC, Forex Trading LLC, Forex Capital Markets LTD, Forex Capital Markets LLC, FXCM Canada LLC and FXCM Asia LTD. FXCM not once received awards: Release Shares «Best Currency Broker", according to FX Week «The best trading platform for forex clients," and according to Technical Analysis of Stocks & Commodities «The best specialist in the field of foreign exchange trading."

 

Company FXCM has branches around the world :

International Office:

  • New York (International HQ)
  • Plano
  • San Francisco
  • Hong Kong
  • London
  • Tokyo
  • Paris
  • Sydney

Regional representative of FXCM around the world:

  • Russia
  • USA
  • United Kingdom
  • Japan
  • Argentina
  • Australia
  • Austria
  • Bahamas
  • Bermuda
  • Brazil
  • Canada   
  • China
  • Colombia
  • Costa Rica
  • Cyprus
  • Finland
  • France
  • The Dominican Republic
  • Germany
  • Greece
  • Hong Kong
  • Hungary
  • Israel
  • Iceland
  • Italy
  • Korea
  • Luxembourg
  • Mexico
  • New Zealand
  • Panama
  • Peru
  • Poland
  • Singapore
  • South Africa
  • South Korea
  • Spain
  • Sweden
  • Switzerland
  • Taiwan
  • Thailand
  • Venezuela

License of FXCM:

FXCM is a registered member of the National Futures Association (NFA) as a mediator and the Commodity Futures transactions (FCM). Headquartered in the U.S., in New York. The company's work is regulated by authoritative bodies in the world, the Financial Services Authority. The company is licensed NFA (US), CFTC (US), SFC (Hong Kong), ASIC (Australia), CONSOB (Italy), FSA (UK), DGCX (Dubai), BaFIN (Germany), APC (French), DMCC (AE), AMF (France), CECEI (FR). Company registration number - 217689. The company is not registered in the offshore zone.


PositionParagraphsPoints
LeagueLeague 1
Year of creation1999125
RegulatorsBaFin - 10
NFA - 70
FSA - 70
150
Broker Awards0
Local Branches11
Branches worldwide4284
PR in the media00
Rating vote Rector Masterforex-V Academy2.20132.00
Rating vote Academy students Masterforex-V2.2066.00
Rating vote of Internet users1.9019.00
The number of positive reviews online traders12
Number of non-payment of profit traders00
Number of traders claims2-4
Spread EUR / USD2.602
Spread GBP / USD2.702
Spread USD / CHF2.602
Spread EUR / GBP2.700
Spread GBP / JPY4.105
Traders contests, monthly prize ($ 1,000 = 1 point)0.00.0
General points: 586.00

method of calculating the rating forex brokers >>>

Voting and feedback traders in the forex broker rating about FXCM:

  • students Masterforex-V Academy
  • Internet users

Trading platform of FXCM:

  • Metatrader 4;
  • FX Trading Station 2.0 ;
  • Active Trader;
  • Trading Station Gateway;
  • Trading Station II Mobile;
  • FXCM Strategy Trader;
  • MirrorTrader

Education forex and stock trading :

FXCM runs training courses on trade CFD and forex markets. For several years, the company has developed many training courses for students at different levels (beginners - the pros). On the Web site of 15 free training videos can be found.

Trading:

Trading instruments brokerage FXCM:

  • more than 20 currency pairs Forex;
  • CFD on stock indices (US30, SPX500, NAS100, UK100, GER30, ITA40, ESP35, FRA40, etc.);
  • trade in precious metals (gold, silver)
  • oil (USOil, UKOil).

 

Trading conditions of FXCM:

  • Standard Account (10K) (deposit of $ 2000, leverage up to 1:200, minimum transaction $ 10,000);

- Micro account (deposit from $ 50, leverage up to 1:400, the minimum transaction size of $ 1000);

- A free account (up to 30 days with a demo money $ 50,000);

  • spreads from 1 point;
  • hedging positions;
  • Direct trade from the charts;
  • Configure Notification of Price;
  • Trade in one click;
  • orders inside the spread;
  • no need to compensate on the negative balance;
  • Rollover any positive margin;
  • monthly contests;

 

Deposit / Withdrawal FXCM:

- Credit and debit cards;

- An international bank transfer.

 

Advantages of:

  • good work platform FX Trading Station 2.0;
  • good source of education and new products

Disadvantages of:

  • problems with the terminal and requotes;
  • Problems with the withdrawal of funds;
  • Deterioration of the micro accounts.

The presence of the "black list brokers":

  • Students of Masterforex-V Academy claimed that they did not receive their profits, but the company FXCM is not included in the black list forex brokers.

 

News about brokerage FXCM:

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