Preferred Brokers
- Website:
- www.fxcm.com
- Location:
- New York, USA
- Email:
- info@fxcm.com
- Phone:
- +1 212 897 7660
- Regulated By:
- NFA/CFTC (US), FSA (UK), BCSC (BC), SFC (CH)
- Founded:
- 1999
FXCM
Summary
Founded in 1999, FXCM is one of the largest and most financially strong forex brokers. FXCM is one of the oldest and largest capitalized retail online Forex brokers. As a result, FXCM has built strong execution relationships with many of the worlds largest international banks. FXCM receives and is able to pass on the benefits of size, better prices, and better execution to our clients.
Spreads
| EUR/USD | 2 |
| USD/JPY | 3 |
| USD/CHF | 4 |
| USD/CAD | 5 |
| GBP/USD | 4 |
| EUR/JPY | 4 |
Essentials
| Free Demo | Yes |
| Broker Type | ECN |
| Trading Platform | FX Trading Station II |
| Mini Forex Trading | Yes |
| Minimum Account Size | $300 |
| Minimum Trade Size | 1 lot (10k) |
| Maximum Leverage | 200:1 |
Awards Won
Key Features
- Trade on rates provided to FXCM by multiple global banks.
- No dealer intervention in trades.
- FXCM's $350 billion in monthly volume drives price competition.
- Fractional pip pricing facilitates the tightening of spreads even further.
- Place entry orders anywhere—even inside the spread.
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