FXCM - Forex Capital Markets reviews

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FXCM - Forex Capital Markets reviews

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Average: 2.4 based on 11 reviews

FXCM - Forex Capital Markets

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Website: http://www.fxcm.com

FXCM claims to provide the following advantages:

No Dealing Desk execution
Spreads as Low as 1 Pip, trade inside the spread
up to 200:1 leverage
$2,000 minimum to open an account
(For accounts opening under $2,000,
please visit www.fxcmmicro.com)
No Trading Restrictions
- Trade during breaking news
- Scalp the market
- Rollover transparency—all amounts are displayed in advance
Hedging capabilities
Trailing stops
Choose your base currency: USD, EUR, JPY, GBP, AUD, CAD

FXCM - Forex Capital Markets is regulated and audited by:
FXCM is a registered Futures Commission Merchant (FCM) with the Commodity Futures Trading Commission (CFTC) and is a member of the National Futures Association (NFA).
US - Forex Capital Markets, LLC - NFA # 0308179
Canada - FXCM Canada Ltd. - PartyID # 182963
London - Forex Capital Markets Ltd. - FSA # 217689
Hong Kong - FXCM Asia Ltd. - SFC CE # AIM232

Traded with FXCM?
Were you satisfied with the quality of FXCM broker services?

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REVIEWS & RATINGS


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

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

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

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

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

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

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

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

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

SLOW DEPOSIT AND SLOW ON EVERYTHING.


Tim Gebert, USA April 13, 2009	1 year Total 3 months with this Broker

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.