FXCM – Forex Broker Review

fxcm
FXCM – Forex Broker Review

Information :

FXCM Inc. (NYSE: FXCM), is a main world-wide provider of foreign exchange trading and related services to retail and institutional customers. FXCM was founded in the year 1999 and represents the first Forex broker that acts on the New York Stock Exchange.

FXCM provides mobile trading, one-click order execution, and trading from real-time charts. The basic advantage for client is the No Dealing Desk forex execution. Market participants would have the benefit of large network of forex liquidity providers that include global banks, financial institutions, prime brokers and other market makers. This gives the chance to the broker to offer competitive spreads on major currency pairs. FXCM’s markup is included in the price, which may vary based on account type and liquidity provider.

FXCM has international offices in major countries like America, England, Hong Kong, Dubai, Paris, Italy, Germany, Greece, Australia, and Japan.

Regulation and financial transparency is essential for FXCM, which also means that this Forex broker has strict financial standards, including capital adequacy requirements.

Trading Platforms :

  • FXCM Trading Station
  • Metatrader 4
  • Trader (Currenex)
  • Mirror Trader

Spreads :

EURUSD GBPUSD USDJPY USDCHF USDCAD AUDUSD NZDUSD EURCHF EURGBP EURJPY
Average Spread 2.4 2.4 2.2 2.3 2.3 2.3 2.5 2.4 2.2 3.0
Min Spread 1.2 1.2 0.6 1.6 1.7 1.4 1.4 0.9 1.6 1.2
Max Spread 2.8 2.9 2.6 2.9 2.8 2.7 2.9 3.1 2.7 3.6

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