FXCM Reviews Read Customer Service Reviews of www fxcm.com

I always recommend traders to check for regulation and verify it with the regulator by checking the provided license with their database. I reviewed FXCM to evaluate if this broker delivers on its client-first, trader-driven mission statement. Capitalise AI, its latest addition, allows traders to automate strategies using an intuitive, code-free environment. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Customer Support

Most traders will easily satisfy it by sending a copy of their ID and one proof of residency document, satisfying regulatory KYC/AML requirements. A simple online application form handles new account applications. I recommend traders read and understand the terms and conditions before accepting incentives. Traders must trade 5.0 standard lots monthly for free access. The Market Scanner allows traders to select a series of technical indicators and returns buy and sell recommendations based on the input. The fast order executions and deep liquidity further support demanding trading requirements.

Step 2: Login and deposit funds to start online trading with FXCM

I have spoken to various staff over the course of setting up my account, and they are always really helpful, friendly and patient. You would an account manager assigned right away where you could contact in case of any issue. Looking forward to the journey ahead on this highly reputable platform. Setting up my account has been a long process on my end.

FXCM Compared to Other Brokers

Understand the capabilities of the mobile apps of FXCM, Startrader & freetrade below. The table below was correct at the time of writing this FXCM broker review. FXCM has a wide variety of over 100 instruments available for you to trade with. FXCM doesn’t charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed Most agents do not charge too much money for this operation. The inactivity fee is subjected to many circumstances and should be disclosed clearly by the broker beforehand.

Great support team

It’s essential to be vigilant and rigorous in your FXCM broker selection to protect your hard-earned money. A professionally lead investment online broker could help you in minimising any potential losses and maximising any profits. Getting into the area of trading online demands expert analytical skills and thorough understanding. This FXCM review has been updated for 2026 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. So, to start trading stocks without paying a penny in commissions, simply follow the link below and open an eToro account in less than 10 minutes today! Since its launch in 2007 it has become home to over 20 million traders worldwide.

Does FXCM offer phone customer support?

Withdrawal of cash is possible at any moment from the FXCM account. This FXCM review breaks down each of the relevant non-trading fees for you in detail. But, non-trading fees billed by FXCM are relatively lower.

Can you make money with FXCM?

Likewise, limit orders are more likely to experience positive slippage. Deeper discounts are available depending on the volume you trade per month at FXCM and the applicable discount or rebate tier. In the U.K., for example, a $25,000 account balance with at least $50 million (or 500 lots) of monthly volume will see the commission per side drop to $2.5 ($5 round-turn).

All content on comparebrokers.org is intended for educational purposes only and should never be considered financial advice. Several traders throughout the world select FXCM due to their services that are trading. Through FXCM, many traders make a great deal of money. They are among the world’s top trading platforms and a prominent figure in the Fintech revolution. The best way to kickstart your trading career with FXCM is to open a demo account facility before risking any real money

FXCM is a dynamic platform that provides various procedures of trading. It will also help the traders to catch any opportunities. The tight spreads and quick executions are a fantastic advantage for all traders. FXCM ensures that the individual needs of all traders are met to the best of their ability. These benefits are what sets FXCM apart from the rest of the online brokers. The educational department at FXCM is quite insightful for new dealers as it permits them to have a closer look in the financial markets.

• So, let’s take a look at the markets and products you can access when trading with FXCM.
• FXCM offers a diverse range of platforms and tools, catering to different trader preferences and strategies in fact proposing one of the best selections of software with great performance.
• Should traders require assistance, they may call the toll-free numbers provided, use messaging app WhatsApp, e-mail the support team, engage via live chat, or contact the trading desk.
• FXCM has an online application form, which is the standard operating procedure.
• Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here.
• 1 thing to remember is that you don’t necessarily need to have any cash in your account.

As for the liquidation margin, otherwise referred to as the minimum required margin, this is typically set to 50% of the entry margin, which means that if your account equity drops below this set level, all open positions will be closed. To find the exact amount of required margin to open a position, simply check under the MMR column on the Trading Station platform. Simply put, you can open and close positions without having to worry about trading commissions. Let’s take a look at the trading and non-trading fees charged by FXCM in the following tables. Therefore, if Bitcoin is trading at $30,000 then 1 contract of BTC/USD would be priced at $300. When investing in crypto CFDs with FXCM, the trading fees are included in the spread and there are no commission fees when opening and closing positions.

With commission-free stock CFD trading, you can invest as much as you can afford with fractional share trading with minimum trade sizes of 1/10th of a share. Additionally, you can access the top-rated and popular MetaTrader 4 platform and the advanced functionality of automated robo-advisors otherwise referred to as Expert Advisors. Because CFD trades involve a contract to exchange the difference between the opening and closing price of the trade, investors can trade on both bullish and bearish markets. Perhaps the most attractive feature of contracts for difference trading is that investors have access to leverage. If you are looking to open an account with FXCM we recommend reading this thorough broker review beforehand. FXCM’s broad global footprint and strong regulatory compliance make it a reliable choice for traders worldwide.

It is recommended that all FXCM users call the trading desk if they cannot access the internet, they fail to receive a confirmation when placing an order online, or they cannot connect to the FXCM servers. The FXCM web trading platform offers a user-friendly and intuitive interface making navigating through the different features a breeze. When it comes to fractional crypto trading, FXCM’s minimum trade sizes are made to give traders the flexibility to regulate their exposure to a particular asset. In keeping with its strong reputation as a free trading platform, you can trade cryptocurrency CFDs commission-free with zero exchange fees as the trading costs are built into the spread. FXCM clients also have the opportunity to choose from top-rated online platforms such as Trading Station, and MetaTrader 4. So, let’s take a look at the markets and products you can access when trading with FXCM.

Commission And Fees Explained

FXCM traders can access copy trading through selected platforms and integrated tools. FXCM is an excellent choice for algorithmic forex traders thanks to its wide array of related platform options that provide advanced fxcm broker review charting tools and support automated trading strategies. Our product testing extends to the quality and availability of educational content, market research resources, and the accessibility and capabilities of mobile platforms and trading apps.

• The company launched a service in October 2019 that allows small and medium-sized companies to send money anywhere in the world fast and cheaply.
• The inactivity fee is subjected to many circumstances and should be disclosed clearly by the broker beforehand.
• Top-tier financial authorities regulate all operations.
• Dear Andy Taunton,Thank you for sharing your experience!

Its robust platform options and transparent practices make it a reliable choice for traders seeking a secure, supportive environment to grow their skills and portfolios. FXCM provides traders with its proprietary Trading Station, the MT4 trading platform and ZuluTrade. FXCM ranks among the most competitive brokers industry-wide, especially for high-volume traders using algorithmic trading solutions. All trading platforms fully support algorithmic trading, and FXCM provides four free APIs to developers on top of a wide selection of third-party plugins. Should traders require assistance, they may call the toll-free numbers provided, use messaging app WhatsApp, e-mail the support team, engage via live chat, or contact the trading desk.

Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. The demo account simulates actual market conditions with real-time data and a similar environment as a live account. For forex and CFDs trading, FXCM earned Best in Class honors in our 2025 Annual Awards across multiple categories, including Platforms & Tools, Copy Trading, Algo Trading, and Professional Trading. 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. That said, I’d like to see FXCM expand its educational video content beyond platform tutorials and archived webinars. I found the Insights section rich, yet more focused on educational content than up-to-the-minute market developments.

This helps traders reduce costs compared to directly trading physical securities. You can trade forex, indices, or commodities with tight spreads, flexible leverage, and the ability to go long or short in various market conditions. Trading CFDs with FXCM gives traders the flexibility to speculate on forex, stock indices, and commodities without owning the underlying assets.

While MT5 is known for its advanced charting tools, additional order types, and a wider range of timeframes, FXCM only provides the MT4 platform along with its proprietary Trading Station. Additionally, FXCM provides a Free VPS for traders who meet the 500k average trade volume, allowing seamless and fast execution, especially for automated strategies. MT4 also offers a web-based version, retaining the full functionality of the desktop platform. Additionally, FXCM minimizes non-trading costs, with no fees on most deposits and withdrawals, though specific charges apply for wire transfers and inactive accounts.

Traders should review the broker’s guidelines to confirm the availability of their preferred payment method in their region. FXCM offers a variety of funding options designed for quick and secure transactions, including credit/debit card payments, wire transfers, and e-wallets. FXCM offers a good selection of tradable assets mainly focusing on the most popular assets and instruments selection, including cryptocurrencies like Bitcoin, Ethereum, Ripple, and Litecoin. However, the availability of specific instruments may depend on your account type and the regulatory entity governing your account. For residents of the UK and Ireland, FXCM also provides Spread Betting, which allows tax-efficient trading on price movements without owning the underlying assets. It also offers automated features, with a scripting language for creating custom strategies.