Reviews of the best Forex brokers on the market.

FXCM

FXCM Review

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Review of: FXCM

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Rating:
4

Summary:

FXCM was established in 1999 and is headquartered in New York where it possesses NFA license. Besides that, FXCM broker is regulated by FSA, ASIC, SFC Moreover, even more regulations apply to FXCM since it is a company listed on New York Stock Exchange. All in all, FXCM provides all of the reasons to be a most trustworthy forex broker.

We are happy to review FXCM (Forex Capital Markets) – indisputable market leader in foreign exchange brokerage services.

FXCM was established in 1999 and is headquartered in New York where it possesses NFA license. Besides that, FXCM broker is regulated by FSA, ASIC, SFC Moreover, even more regulations apply to FXCM since it is a company listed on New York Stock Exchange. All in all, FXCM provides all of the reasons to be a most trustworthy forex broker.

The main advantages of FXCM is that dealing desk is not present on all types of accounts, great stability, low spreads and a great set of trading platforms. On top of this, the educational material of FXCM is considered to be of a top-tier quality.

As for the software, FXCM provides an outstanding web platform and FXCM innovative desktop trading platform alongside with MetaTrader4, mobile trading platforms and Active Trader platform. Also, FXCM provides two types of automated trading platforms – Strategy Trader and Mirror Traders. On top of this, FXCM allows full integration of automated trading in MT4.

All in all, it can be clearly said that FXCM is a great, reliable and transparent forex broker. Trading with FXCM is suitable for the traders of all kind, beginners, professionals and even institutions.

The main criticism of FXCM would be the lack of promotional campaigns. The main reason for such a lack is quite simple, FXCM is considered to be the best and the largest broker, thus there is a little reason for attracting people with bonuses and gifts while providing the best services in the industry. So if you are looking for an outstanding broker, we would strongly recommend you to start trading with FXCM. However, if you are more interested in receiving deposit bonuses and other promotions, it is recommended to try other licensed brokers within your region.

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