Preferred Brokers
- Website:
- www.fxcm.com www.fxcmmicro.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 world’s largest international banks. FXCM receives and is able to pass on the benefits of size, better prices, and better execution to our clients.
FXCM's discount brokerage division, FXCM Micro, allows traders to experience the excitement of the forex market with as little as $25.
FXCM’s top tier product, Active Trader, offers a level II type trading environment with 5 levels of market depth for a liquidity view seen by market makers. Short-term traders have the advantage of seeing actual liquidity available at individual price levels.
Spreads
| EUR/USD | 0.9 – 2.3 |
| USD/JPY | 0.5 – 2.9 |
| USD/CHF | 1 – 3.8 |
| USD/CAD | 1 – 4.8 |
| GBP/USD | 0.8 – 3.7 |
| EUR/JPY | 0.6 – 3.9 |
Essentials
| Free Demo | Yes |
| Broker Type | NDD- Standard Accounts |
| Trading Platform | FX Trading Station II , Active Trader, MT4, Forex System Selector |
| Mini Forex Trading | Micro Accounts |
| Minimum Account Size | $25 |
| Minimum Trade Size | 1K Micro lot size |
| Maximum Leverage | 400:1 |
Awards Won
Special Offers
* Please note FXCM Micro in its discretion may or may not offset individual transactions unlike transactions in most FXCM Standard accounts.† Without proper risk management, currency trading has a high degree of leverage which can lead to large losses as well as gains.
Key Features
- No Dealing Desk Execution.*
- Trade on rates provided to FXCM by multiple global banks.
- Spreads as Low as 1 Pip.
- Trade Currency From Charts.
- One-Click Order Executionthe spread.
- Real Time Audible Price Alerts.
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