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FXCM reviews




Average: 2.6 based on 15 reviews
2.57143
FXCM - Forex Capital Markets
FXCM - Forex Capital Markets Forex broker reviews

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  • Website: www.fxcm.com
    www.fxcm.co.uk
    www.forextrading.com.au
  • Year since: 1999
  • Headquarters: New York, United States
  • Company registration: US - Forex Capital Markets, LLC
  • Regulation: US - Forex Capital Markets, LLC - NFA # 0308179, CFTC;
    Canada - FXCM Canada Ltd. - PartyID # 182963
    London - Forex Capital Markets Ltd. - FSA # 217689
    Hong Kong - FXCM Asia Ltd. - SFC CE # AIM232

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REVIEWS & RATINGS

Rating interpetation

UK, Phil

October 25, 2011



1 year Total
3 months with this Broker
1


what a pile of pooh! They are big and quick to get your business, but customer service/sales rep appalling. They were rigid in their approach to client's demands. Rep not courteous nor professional. No worthy of any trader's hard earned cash!


mondy- cairo

July 8, 2011



6month Total
2 month live with this Broker
2


i think just big name


Serbia Quix

February 27, 2011



3 years Total
2 years with this Broker
4


Briliant broker. Support is so so fast and efective. Dozen of issues due server problems solved very quickly and every single cent of lose was beck on balance..even bonus coupons like a act of good faith . Depositing could be faster, and withdrawal oportunities wider.

USA, Jerry

December 27, 2010



4 years Total
2 years live with this Broker
5


FXCM is an excellent broker. They have no dealing desk. They are well regulated and honest. They have fair spreads. Deposits and withdrawals are fast and easy. (I use my debit card). Customer service is as quick as a phone call away. What more do you want? I think the cry babies who leave most of the negative comments don't have a clue about the currency market and should place their money in a local bank and stay out of the forex market.

Yousef, UAE

August 20, 2010



5 years Total
5 months LIVE with this Broker


I have been working with some other brokers. this broker is very relyable broker and help you to make profit.


fxtrader, US

May 11, 2010



2 years Total
1 year live with this Broker
2


I run multiple live accounts on two different servers, this broker delays trades so you don't end up with the advertised spread, they delete trades outright and make you fight trades everyday wasting valuable time over and over again. Big company, big cheats.

Katie

April 21, 2010



8months Total
3 months demo with this Broker
1


NO idea why anyone would pick this broker. They are known to be very bad.

Nick, UAE

April 10, 2010



1 year Total
1month demo + 2 month live with this Broker
5


FX Trader platform is excellent. Much better than MT4 (but most of the platforms are better than MT4, right?)
Good spreads.
Reliable execution.

DanM

February 10, 2010



1 Year Total
3 Months with this Broker
4


The support was very good and helpful. Their Trading Station platform has some nice features like trading directly from the charts. Analysis tools were pretty good if a bit buggy at times, daily pivots don't work. Does not allow to automatically scale in/out and out of positions but generally a good quick platform to work from.

Mark, United States

January 11, 2010



4 years Total
5 months with this Broker
5


If your charts are at least 1H, or better 4H, like mine, FXCM is a good choice. No problems for me in executing my plan and my trades.
Can't say anything about short term strategies, it's not my type of trading.
Had no problems with withdrawals.

Dee, Singapore

January 8, 2010



2 years Total
1 year Demo / 9 months Live with this Broker
3


Mine is from UK. I have no problem with this broker. I have more than doubled my account in 3 months' time and withdrawal is no problem and quick as I funded using debit card (tied to my bank account) and withdrawal is also back to my debit card and the funds went into my bank account in 3 days' time. Very quick and efficient.

The 24 hours chat line is also quite good and had served me quickly, even when it was 4am their time. No complaints so far for the UK branch.


Hugh, Indonesia

September 2, 2009



3-year Total
1-year with this Broker
1


they email other people account id (Timothy Charles from malaysia) and password to me. I could view that person account information, such as: bank name, bank account #, balance, address. Can u imagine that? For me this is not a joke at all.

Inil, Malaysia

July 24, 2009



3 years Total
1 year Demo, 1 year Live with this Broker
1


Stay away from this broker, software provided not user friendly, always and always very very slow in everything, sometime its refresh (look like freeze) a few minutes, back online again just for a few second, eventhough you use broadband or other fast internet line you use, the problem is still there, no outside EA or indicator can be use (self indicator) are allowed. Totally crap. One minute you see your trade is in profit condition, suddenly the software refresh for few minutes and came back again and they you go you are in loss situation, and this happen to me many times, no support no nothing...keep and stay away from this broker

PATRICK, USA

May 25, 2009



1 YEAR Total
6 MONTHS with this Broker
1


SLOW DEPOSIT AND SLOW ON EVERYTHING.

Tim Gebert, USA

April 13, 2009



1 year Total
3 months with this Broker
1


My experience with FXCM has not been good; their feed showed a spike in the market that did not show up on the DeutcheBank feed. Slow in closing a trade (a pop-up window asked for confirmation, which cost dozens of pips) and they duplicated losses which they admitted was their mistake. . . and never refunded the money after promising to do so.