FXCM - Open Discussion Board





Broker discussion area

trader

April 22, 2009

I´m using FXCM for a month already, and I can´t complain about them, from 100 scalping transactions made last month I only had problem with 1. they allow you to use EA´s and their customer service is A++, they also have live chat with technicians that will guide to to resolve your problem.


trader

May 29, 2009

Hi BrokerGuru,

Do you know FXCM ActiveTrader ?
It looks like an ECN, but i'm still doubt it. What do you think, is it just another gimmick like interbankfx?

here the link = http://www.fxcm.com/active-trader.jsp

Thanks for your efforts,


BrokerGuru

May 29, 2009

FXCM£14: Welcome to FXCM's Live Chat Feature. How may I help you?

BG: Is ActiveTrader an ECN platform? thank you.

BG: I mean true ECN

FXCM£14: We offer straight through processing

FXCM£14: to be a true ECN clients would need to be able to provide liquidity to each other which is not avaliable on the Activer trader platform yet.

BG: thank you, I appreciate it.


saro

November 25, 2009

i am new to the field.just I chose fxcm which has been rated as 1 that means stay away . could i have your more explanation please.
saro


BrokerGuru

November 29, 2009

FXCM is a large broker, where all novice and experienced traders trade, but I'm sure they have lots of novice accounts, which explains why sometimes the feedback can be negative (lack of trading experience from traders).
You can read the first few comments from the page:
How to choose a Forex broker? where I described the guidelines on filtering reviews.

However, let's not close our eyes and plug our ears.
There is a reason why traders so far have pulled only 1 star for FXCM, a better explanation is reviews themselves: http://www.100forexbrokers.com/reviews-ratings/fxcm

I hope we'll get an improvement on the rating as more traders leave their feedback.


trader

November 30, 2009

So does FXCM allow scalping?


BrokerGuru

November 30, 2009

yes, FXCM claims to allow scalping.


BrokerGuru

December 24, 2009

FXCM does not have a dealing desk, but FXCM Micro does. Here is a link that might be helpful to some.
http://www.forexmicrolot.com/mission-statement.jsp


trader

November 24, 2010

Dear FXCM, why does your bucket shop tradestation take so long to initialize and takes forever to enter and exit a trade. And your tradestation always d/c or hang on me. If you are still giving proxy change as an excuse. You had better wake up your idea. And stop giving excuses like liquidity issues when u increase your normal spread for EUR/USD to 3 pips on normal conditions.

A true business is not built on lies and deception. Very soon retribution will hit you.



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