February 26, 2014: FXCM.uk fined by the FCA. Click here to read about it in the FPA's forums, along with FXCM's response.
October 3rd, 2011: FXCM fined by the CFTC. Click here to read about it in the FPA's forums, along with FXCM's response.
Related sites include FXCM-Markets.com, FXCMBullion.com.
|Minimum Trade Size:||0.01|
|Minimum to Open Live:||$50|
|Address:||20 Gresham Street, 4th Floor, London EC2V 7JE, United Kingdom|
|Contact:||email@example.com, +44 20 7398 4050|
|Regulators:||ASIC #AFSL 309763, CySEC #392/20, FSCA #46534, FCA #217689|
|Prohibited countries:||Show all >>|
|Trading platforms:||MT4, NinjaTrader, FXCM Trading Station|
|Web Trading:||✅ Yes|
|Mobile Trading:||✅ Yes|
|Cryptocurrencies:||(3) Bitcoin, Litecoin, Ethereum|
|CFD:||(25+) Gold, Silver, Other Precious Metals, Stock Indexes, Oil, Other Commodities|
|News Trading:||✅ Yes|
|Deposit Methods:||Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Neteller, Skrill|
|Withdrawal Methods:||Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Neteller, Skrill|
Recent User Reviews of FXCM
I want my money back
FXCM is a Scam
why 3 stars only ?
because they act as market maker so there is a dealing desk thats why trader may have conflict with broker interest
Pretty good broker
No deposit and withdrawal fees are always good to see and the customer service is very helpful.
Never trust them
They locked my account, closed all of opened trades... and now i can’t withdraw my money what is more than $3000....
They have really bad support too...
I will change broker...
Never trust that **** company
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Frequently Asked Questions
How good is FXCM?
Please come back often as broker services are very dynamic and can improve or deteriorate rapidly.
Additionally, we'd recommend to check recent FXCM community discussions: https://www.forexpeacearmy.com/community/tags/fxcm/
How do I open FXCM account?
- Select your country of residence and desired trading platform to get started.
- You will then be directed to FXCM server to complete the online application.
- Log in to the MyFXCM client portal, deposit funds, and start trading.
What is FXCM?
Is FXCM regulated?
- Forex Capital Markets Limited ("FXCM LTD") is authorised and regulated in the UK by the Financial Conduct Authority (FCA) with registration number 217689.
- FXCM Australia Pty. Limited ("FXCM AU") is regulated by the Australian Securities and Investments Commission (AISC), AFSL 309763.
- FXCM South Africa (PTY) Ltd Ltd is an authorized Financial Services Provider and is regulated by the Financial Sector Conduct Authority (FSC) under registration number 46534.
Why did FXCM get banned?
74.74% of retail investor accounts lose money when trading CFDs with FXCM.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.