Forex Broker

FXCM review


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 : Cassonte | Date 2015-08-06
I am wondering if I can withdraw few of my profits today via Paypal.
Author of FXCM : tony2004 | Date 2015-07-23
I think OZ Robot better than FXCM. First time, I used FXCM. FXCM seems to be very critical & many times give fake signals to me. Then I got the information about OZ Robot click here: (http://po.st/myozrobot ) from my friend. After knowing the service of OZ Robot, I analyzed and just $280 invests it. Now OZ Robot gives me a much better profit than FXCM across my desire. The FXCM give me 10%-15% profit beside OZ Robot gives me 65%-80% profit till now. Nowadays, in only 3 days my profit is 2865+. OZ Robot has a great customer support also. To you know more detail information; or 14 Days free Trial. Please go to this site: http://po.st/myozrobot
Author of FXCM : Salter | Date 2015-07-19
FXCM is terrible. I've been with them for almost three years and their system wet down three times (way too many), causing interruption to me and rest of the FXCM customers. I lost money this way several times. Just recently, they raised cost of the spread for micro account. I had standard account before but switched to micro to keep the spread cost lower. I'm so upset! They are one of the biggest currency brokers out there but they are highly unethical. Do not open your account with them because you will lose money.
Author of FXCM : mamamdIfti | Date 2015-07-15
They never answered my queries until now. I thought they had a very responsive supports that are always available 24/7. Very costly to deal with them. Imagine you need to deposit $2000 just to open an account and they had no other promotions to offer.
Author of FXCM : banoy_wenks | Date 2015-06-09
I'm planning to move to another broker next week because this company gives me headache. All my orders got a delayed execution since Monday.
Author of FXCM : Worley | Date 2015-05-07
I was introduced to FXCM by my friend. At first I was attracted to their advanced and beautiful platform. Then, I realized there was one way trade only. Always, there have no connections and requotes. Now I am with two other brokers so far I am satisfied. Not as bad as FXCM!
Author of FXCM : lupto 874 | Date 2015-04-27
The reason why I decided to withdraw all my money is because this broker never processed my withdrawal request without delays. It took me one week to get my money. I am planning to look for another broker that suits my needs.
Author of FXCM : Ocasio | Date 2015-04-07
Stay well away, they are total scam. I cannot recall how many times I've been recently scammed by FXCM. I've got screen shots and charts and feeds from various brokers to prove, they will stop you out although the price next reached it. Their software will freeze up all too often, at times when it's going against your position. The software will freeze up not allowing you to close your positions, orders will be filled at huge slips although the price wasn't volatile, and at volatile times it will take out your orders with huge slips. Sum up, do not risk your money with this broker, stay well away!
Author of FXCM : maykes | Date 2015-04-05
The trading contests of this company are useless because the leverage and lots to be used are already set.
Author of FXCM : Ron | Date 2015-04-01
FXCM are an untrustworthy broker. The connection and execution is terrible, I have been stopped out of trades prematurely numerous times with no compensation offered by FXCM. Auto updates on the MT4/Meta quotes platform cut me from three swing trades only yesterday, after a call to FXCM they tell me this sort of error happens occasionally!! It’s unbelievable. If this is the case where is my bloody compensation! Customer service is dreadful and the audit form investigation team is automated. Greedy and unstable broker.
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