FXCM CFD & Forex Trading Apps on Google Play
Trading Station is an FXCM proprietary platform and therefore not used by other brokers. Through our dedicated global 24/5 customer support and individual client feedback, we aim to ensure that we are constantly building a better brokerage for our traders. Trading Station keeps up with the pre-loaded Marketscope, which is a free professional charting package allowing for a long list of indicators, up-to-date price alerts, and trading right from the chart. In addition to the Real Volume indicators, Trading Station from FXCM has other tools, such as those for drawing trend lines, using price overlays, and identifying Fibonacci levels.
There are enough educational tools to give beginners a head start, particularly when combined with the demo account. The research tools and speakers can appeal to more experienced traders. FXCM is one of the forex platforms with the longest histories, providing a reputation of reliability. It is regulated within multiple jurisdictions and offers users the choice of four core trading platforms plus eight specialty platforms. Apart from all those options, there are numerous advanced tools available.
Other than the issues with former U.S. clients, FXCM has not faced any other investigations or issues in recent years. Overall, the platform is recognized for its support of over a dozen languages, ease of use, and strong reputation. There are abundant support resources online and on the FXCM website for ZuluTrade, MetaTrader 4, and NinjaTrader, as all three are used by numerous forex brokers. You will also find plenty of support for FXCM’s Trading Station and forex trading in general in the education section. This includes trading guides, speakers, a video library, and a live classroom. The proprietary Trading Station platform has intuitive functionality with easy-to-use dynamic charts.
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- With offices in over 10 countries, FXCM offers its clients access to the world’s most liquid markets.
- There is also an extensive FAQ page with sections for general questions, various product info, and trading information covering the majority of the enquiries you may have.
- We hold a strong belief that resilience is an important indicator of the long-term success of our people.
- To achieve this, we promote an open-door policy that ensures that both people and ideas have direct access to those who may champion their cause.
- Resilient people confidently rise to the occasion despite challenges or significant changes to the business.
FXCM is committed to providing its clients with the best possible trading experience, and its fxcm broker review customer service team is available 24/5 to assist with any questions or concerns. FXCM offers a good selection of markets, but some other platforms do offer more. You can use FXCM to trade forex, cryptocurrency CFDs, indices, or gold.
Our priorities are largely determined by what our clients want to trade and what additional tools they want to integrate to our platform. Our people are agile and thrive in an environment of fast changing industry trends and business conditions to meet the demands of our customers. Past experiences and newly acquired skills provide the confidence for our people to forge ahead. The mobile application is as easy to use as the web version of FXCM, which is complete with the option to bring dynamic charts to full screen for convenience.
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The only issue with Trading Station is that it is built on Adobe Flash, which can lead to the need for Flash updates as well as some support issues. You also cannot use the research function within the platform, requiring traders to go between the platform and a browser. To make up for this, the platform is available in your choice of 14 languages.
Stratos Global LLC (“FXCM”) is incorporated in St Vincent and the Grenadines with company registration No. 1776 LLC 2022 and is an operating subsidiary within the Stratos group of companies. FXCM is not required to hold any financial services license or authorization in St Vincent and the Grenadines to offer its products and services. Because of the range of platforms offered by FXCM, there are options that are simple enough for beginners in addition to choices that have the features and tools experienced traders seek. The MT4 platform does not allow FXCM to include commissions in pre-trade margin calculations on client’s pending orders. You should therefore ensure that you have reserved sufficient buffer usable margin before opening new trades.
The only downside is a lack of customization in the applications, and there is no additional security, just the login password. You can use the mobile version of MT4 or download the mobile application for Trading Station for full functionality. We value a meritocracy where the most capable people and ideas have an opportunity to succeed. To achieve this, we promote an open-door policy that ensures that both people and ideas have direct access to those who may champion their cause.
FXCM Exclusive OffersUp to $11,500 in Bundle Bonuses
Gain complimentary EAs (Expert Advisors) and access to a Virtual Private Server (VPS)¹ through your MT4 account. Access TradingView Live Trading Integration with FXCM to trade directly from your TradingView charts.
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Diversity is woven into the fabric of our company as we rely on very different teams of people to enrich FXCM with new perspectives, collaborative solutions, and unconventional ways of thinking. Although we sit on six continents, we come together each day to work as one. We start with a focus on customers where specialised expertise, attention to detail, and follow through are seen as important aspects of all of our interactions. 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. Explore potent built-in tools such as Real Volume, Market Depth, and Trader Sentiment.
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There are dozens of other tools as well, including automated strategies. To assist with these strategies, the platform includes equity and balance charts, trade histories, detailed performance summaries, and visual representations of the trades plus a strategy optimizer. These are all best for advanced traders due to the limited information available on their use. FXCM was founded in the United States, but as of 2017, it left the U.S. market. This process involved existing holdings and U.S. clients being reorganized under Global Brokerage, a company with an ownership interest in FXCM. In late 2017, Global Brokerage filed for Chapter 11 bankruptcy, but FXCM Group is not involved.
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- The only downside is a lack of customization in the applications, and there is no additional security, just the login password.
- FXCM offers a good selection of markets, but some other platforms do offer more.
- FXCM is regulated by the FCA (Financial Conduct Authority) in the U.K., which includes default insurance of up to GBP 50,000 for FXCM and up to GBP 85,000 if the custodial bank fails.
- Apart from all those options, there are numerous advanced tools available.
- To make up for this, the platform is available in your choice of 14 languages.
Individual self-traded clients cannot open Percent Allocated Money Management (PAMM) accounts, but these are available for referring and introducing brokers. Active traders with high volumes receive discounted pricing of up to 60 percent less on spreads, dedicated support, and institutional-derived trade ideas. Despite originally opening in the U.S., FXCM is not currently available to U.S. clients, although it is available in a range of other markets worldwide. Since 2015, Leucadia has been the majority economic owner of the broker, adding to the platform’s scale. FXCM is regulated by the FCA (Financial Conduct Authority) in the U.K., which includes default insurance of up to GBP 50,000 for FXCM and up to GBP 85,000 if the custodial bank fails.
FXCM offers many tools for both research and education, each of which has its own dedicated section of the website. Some of the research tools include market news, charts, a market scanner, an economic calendar, market data signals, and trading signals. In terms of education, FXCM offers a live classroom, trading guides, speakers, and a video library.
Withdrawals via cards do not have fees, but there is a $40 fee for bank wire withdrawals. This also tends to be the quickest method, taking about 3-5 business days. The average spread for EUR/USD is 1.3, and users can view an updated list of average spreads on the “Spread Costs” page. Keep in mind that these are averages, so the spread may be higher or lower at any given point. There is no Zero or ECN account that charges a commission, so all account holders with FXCM are charged spreads.
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. FXCM strives to connect with our clients and deliver a wide range of products enhancing our clients’ trading experience. Deposits by debit or credit card typically take 1 business day, although it can be less. A bank wire deposit can take 1 or 2 business days for domestic transfers and 3-5 business days for international ones. The minimum deposit for debit/credit cards is $50, with a maximum of $10,000 per transaction or up to $20,000 per calendar month.