FXCM Broker

FXCM Broker Review

FXCM is one of the pioneering brokerages for retail international forex business.  Founded in 1999 in the United States, FXCM UK LTD opened its offices in the United Kingdom in 2003, crossed the 100,000 account threshold in 2007 and quickly became one of the top forex brokers in the world.

Founded as FXCM Holdings, LLC and now known as FXCM Group, the company maintains headquarters in New York City, as well as satellite offices around the globe in the UK, Germany, France, Italy, Greece, China, Japan, Hong Kong and Australia, all of which are licensed and strictly overseen by their respective country’s financial regulatory agencies. 

The broker does not offer stocks, futures or options trading, although international clients do have access to trading Contract for Difference (CFD) assets.  This primary focus on forex trading makes FXCM a superb choice for traders interested in trading predominantly foreign assets.

FXCM Broker Platforms

In addition to its own proprietary trading platform, FXCM uses several platforms, including FXCM Active Trader, Trading Station Gateway, Trading Station II, Mobile Trading Station II and the well known and very popular MetaTrader 4 (MT4) trading platform that is very intuitive, user friendly and completely customization. 

FXCM Broker Trading Station

Trading Station is FXCM’s proprietary software that was created using 10 years of valuable customer feedback and trading data to formulate a functionally efficient platform to meet the needs of today’s currency traders, novice or experienced.  

When traders use Trading Station, they get a convenient and user friendly trading platform that is available via desktop for Windows or Mac, the internet and mobile apps. 

Mirror Trader

For those who want more trading information and solutions, The company allows traders to use Mirror Trader, which operates flawlessly with FXCM’s trading platform to provide hundreds of professionally designed trading strategies that investors can copy (or “mirror) with no additional maintenance or performance fees.    

Ninja Trader

Ninja Trader provides traders with advanced charting features, market analyses and trading strategies.  Zulu Trade enables traders to automatically copy or mirror other people’s trades, which enables newbies to rely on the knowledge and expertise of more seasoned traders, reduces research time and completely eliminates emotional factors often involved with trading financial assets.

FXCM Broker Account Types 

FXCM offers 3 types of trading accounts to its clients, which are Standard, Mini and Active trader accounts. The brokerage also offers traders a free demo trading account which is available for up to 30 days and comes with $50,000 of virtual money for practicing trading on the market platform. 

Standard Accounts

The Standard account is ideal for experienced traders who want to leverage all the advantages of currency trading.  An initial deposit of $5000 is required to open a standard account which offers spreads as low as 0.5% and access to FXCM’s entire catalog of approximately 39 popular currency pairs (including exotics and crosses).  Standard accounts offer leverage of up to 1:200 for non US clients and 50:1 for US based traders, as well as access to DOM data.  

Mini Accounts

The Mini account requires a minimum deposit of $50,000 with lot sizes of $1,000 and access to 21 pairs of the most popularly traded currency pairs, including the EUR/USD. Mini accounts include free trading services like “Client-Only Trading Signals” to assist traders with learning the market and improving trading strategies.  Exclusive to the FXCM Mini account is a monthly contest that awards lucky winning traders with $10,000 in prize money.  

Active Trader

The Active Trader account requires a minimum $25,000 deposit and includes the acclaimed “No Dealing Desk Execution” feature, as well as elite pricing for higher volume trading that saves up to 50% on trading costs.  No Dealing Desk Execution is a model created by FXCM with asset pricing data initiated by its liquidity providers that include financial institutions, global banks, prime brokerages and others who provide financial assets for trade with no markups.  In the case of clients of certain intermediaries, sometimes trades are subject to a markup.  This enables traders to trade on currency rates provided directly by those liquidity-providing financial institutions, which enables FXCM to offer low variable spreads on major currency pairs and promotes efficiency and market pricing competition.

FXCM Broker Login

For login to FXCM broker you can visit the broker website, After sign up you can check your email and do FXCM login.

FXCM Broker Complaints

FXCM complaints or withdrawal problems can submit in the comments below of the FXCM review by ForexSQ, If you have any FXCM withdrawal problems, complaints or you have good experience with this brokerage then please submit your honest review and let other traders know about it.

FXCM Broker Leverage

The FXCM UK leverage starts from 1:1 up to maximum 1:200, However the broker provides high leverage trading but if you are a newbie forex trader then avoid to use high leverage as it will increase to lose all of your capital.

FXCM Broker Margin Requirements

FXCM margin requirements is fixed, The amount of margin that you are required with FXCM to put up for each currency pair varies by the leverage. For example, If you use 50:1 leverage then you may be required to put up €200 to hold a €10,000 position.

FXCM Broker Regulation

The FXCM broker is regulated broker by FCA in UK :

Forex Capital Markets Limited “FXCM UK LTD” is authorized and regulated in the UK by the Financial Conduct Authority (FCA) with registration number 217689.

FXCM Broker Address

The FXCM UK contact address is: Northern and Shell Building, 10 Lower Thames Street, 8th Floor, London EC3R 6AD, UK.