He is the Global Director of Online Broker Research for Reink Media Group, leading research fxcm broker review efforts for ForexBrokers.com since 2016. Steven is an expert writer and researcher who has published over 1,000 articles covering the foreign exchange markets and cryptocurrency industries. He has served as a registered commodity futures representative for domestic and internationally-regulated brokerages. Steven holds a Series III license in the US as a Commodity Trading Advisor (CTA).
- FXCM is committed to providing its clients with the best possible trading experience, and its customer service team is available 24/5 to assist with any questions or concerns.
- Average spreads at FXCM are more favorable for active traders or clients residing in the EU, U.K., or Australia.
- Thanks to its combined offering of both Trading Station and MetaTrader 4 (MT4), FXCM delivers a reliable, feature-rich mobile experience for forex traders.
- With its headquarters in London, Stratos Markets Limited (“FXCM”) has grown to have multiple international offices and is licensed in several major regulatory hubs globally.
MT4 FOREX BROKER: YOUR NEXT TRADING PARTNER AWAITS!
FXCM is also a great option for beginners, due to its wide range of educational materials and easy-to-use platforms, including its latest integration with TradingView. This one details the top five forex oscillators used in technical analysis. FXCM’s in-house education is above average, and primarily takes the form of articles, videos, and content produced for its FXCM YouTube channel.
Residents of American Samoa are not eligible to apply for an FXCM live trading account. Residents of afghanistan are not eligible to apply for an FXCM live trading account. Residents of India are not eligible to apply for an FXCM live trading account.
Life at FXCM
- Residents of Central African Republic are not eligible to apply for an FXCM live trading account.
- You will then be directed to our secure server to complete the online application.
- While minimum balance requirements could incentivize some traders to utilize the educational resources, I think it’s better to make the content free for all clients.
- With Trading Station Desktop, automated strategies are added with just a few clicks.
- Residents of Zimbabwe are not eligible to apply for an FXCM live trading account.
- FXCM is an excellent choice for algorithmic forex traders thanks to its wide array of related platform options that provide advanced charting tools and support automated trading strategies.
Gain complimentary EAs (Expert Advisors) and access to a Virtual Private Server (VPS)¹ through your MT4 account.
FXCM is not required to hold any financial services license or authorization in St Vincent and the Grenadines to offer its products and services. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. Steven Hatzakis is a well-known finance writer, with 25+ years of experience in the foreign exchange and financial markets.
Residents of iran are not eligible to apply for an FXCM live trading account. Residents of guam are not eligible to apply for an FXCM live trading account. Residents of cuba are not eligible to apply for an FXCM live trading account.
Trading Station Desktop
The Trading Station Mobile platform lets retail traders quickly and easily access the forex market. Trades can be placed and managed on the go through its simple, intuitive interface, which was designed from the ground up to function beautifully on mobile devices. Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA). ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry.
Trading Station Mobile
Residents of Vanuatu are not eligible to apply for an FXCM live trading account. Residents of United States are not eligible to apply for an FXCM live trading account. Residents of Ukraine are not eligible to apply for an FXCM live trading account. Residents of Turkey are not eligible to apply for an FXCM live trading account. Residents of Timor-Leste are not eligible to apply for an FXCM live trading account.
FXCM APPS
For this reason, it is essential that you immediately advise us in writing if there is subsequently an adverse change in the information you have provided. You will then be directed to our secure server to complete the online application. Ultimately, our rigorous data validation process yields an error rate of less than .1% each year, providing site visitors with quality data they can trust. An overview of the different kinds of research articles, market analysis, and news on the FXCM website. “I found the ability to select execution type by order to be more favorable than having the execution method separated by account type like FxPro does.”
Now you can copy trades automatically from successful traders in real time. Whether trading Forex, Stock Indices or Commodities, FXCM would like to thank you for your ongoing commitment over these past two decades. As our industry continues to change, we look forward to being able to provide you with the same customer support and ultimate trading experience that have driven us right from day one. All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor.
Led by Steven Hatzakis, Global Director of Online Broker Research, the ForexBrokers.com research team collects and audits data across more than 100 variables. We analyze key tools and features important to forex and CFD traders and collect data on commissions, spreads, and fees across the industry to help you find the best broker for your needs. Trading Station Web 3.0 offers an incredible trading experience, with an intuitive user interface and powerful features to keep you trading at your best. It has a fresh modern look and a cleaner user interface, along with exciting new features that make this our best web-based platform yet. If you are looking for a reliable and trustworthy forex broker, FXCM is the perfect choice. With its global presence, award-winning customer service, and wide range of products and services, FXCM is the perfect partner for any trader.
Finally, some of FXCM’s educational content is only available if your balance exceeds certain minimum thresholds. While minimum balance requirements could incentivize some traders to utilize the educational resources, I think it’s better to make the content free for all clients. Motivation can instead be inspired by creating interactive courses that feature quizzes and incorporate progress tracking. It’s worth mentioning that your trading account balance must meet a threshold to access certain educational content.
Residents of Syria are not eligible to apply for an FXCM live trading account. Residents of Sudan are not eligible to apply for an FXCM live trading account. Residents of St Helena are not eligible to apply for an FXCM live trading account.
Platform Comparison
We also review each broker’s regulatory status; this research helps us determine whether you should trust the broker to keep your money safe. As part of this effort, we track 100+ international regulatory agencies to power our proprietary Trust Score rating system. MT4 Mobile and MT4 Web are platforms created and supported by MetaQuotes Software Corp. FXCM is an independent legal entity and is not affiliated with MetaQuotes®. Explore potent built-in tools such as Real Volume, Market Depth, and Trader Sentiment.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Comparison is based on the average FXCM Group spreads of the period April 1, 2022 to June 30, 2022. Trading Station Desktop opens up a world of potential opportunities with custom indicators, strategy optimization, strategy backtesting, and robust charting for serious traders. Only Active Trader clients subject to tier pricing on spread costs receive a free VPS. In December 2010, FXCM completed an initial public offering and began trading on the New York Stock Exchange under the ticker symbol, FXCM. Share prices started at $14 with 15,060,000 shares for a total share capital of $211 million.242526 In its IPO prospectus, FXCM described its no dealing desk trade execution.
Yes, based on your detected country of FI, you can open an account with this broker. FXCM is widely recognised as a premier brokerage for both retail and institutional clientele. At FXCM, speed of execution is recognised as being vital for our clients and we are committed to continuously obtaining the best possible outcome for client orders. Our strategy is to continue advancing our brokerage making it easier, quicker, and more fulfilling for all parties who interact with FXCM.
Residents of South Korea are not eligible to apply for an FXCM live trading account. Residents of Somalia are not eligible to apply for an FXCM live trading account. Residents of Singapore are not eligible to apply for an FXCM live trading account.
