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FXCM review

FXCM


On-line since: 1999
Country of origin: USA
Regulation: Registered with the Commodity Futures Trading Commission (CFTC) and is a member of the National Futures Association (NFA). Also regulated by the official regulators in UK, Canada, Hong Kong, Australia and France
Payment options: On-line checks, bank wire, paper checks and credit cards
Minimum account size: $2,000
Minimum lot size: 1 lot
Leverage: 1:100 and 1:200
Spreads: 2-3 pips on EUR/USD

About the company:

FXCM Company is one of the leading online Forex brokers. Company’s clients are residents of more than 150 countries. International representation offices and branches of FXCM Company are located in all major financial centers of the world and it allows its clients to get high quality and efficient service. 

FXCM is under the control of regulatory bodies which have authority worldwide. Thus, activity of regional office FXCM in London (Holding LLC) is regulated by the Financial Service Authority (FSA) in the UK.

FXCM 8/10 (votes 4108)
Author of FXCM : marc | Date 2012-03-22
Dropped these thieves after a few weeks. Joining the class-action law suit against these thieves!
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Author of FXCM : xteria | Date 2011-12-31
I've been with FXCM for about 2 years and they have been not bad. I had many problems when I was using MT4 though them, so, I changed to their Trading Station platform. I wouldn't completely trust any broker, so, I have in the account what I need for margin and keep the rest in the bank.
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Author of FXCM : sharkey | Date 2011-12-20
This company obviously has drawbacks: when high volatility pending orders might fail to work. FxMicro platform becomes uncontrollable: it shows errors when downloading information about open positions. In this case you cannot move stop loss smoothly to protect your profit received on high volatility. It takes them quite a while to check the documents for account activation for real trading. In general FxMicro (Marketscope 2.0) platform for micro trading (from $50) is pretty intellectual – it was a nice surprise, however graphic analysis often shifts from timeframe change.
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