FXCM: Click for a special offer
FXCM is one of the biggest providers of online forex and CFD trading, spread betting and related services worldwide. It is a top US broker in terms of both retail trading volume & client deposits, registered with the Commodity Futures Trading Commission (CFTC) and a member of the National Futures Association (NFA).
FXCM takes regulation, investor protection and financial transparency very seriously— as a global publicly traded company, regulated in several jurisdictions, it meets stringent requirements and financial standards. What is more, it offers excellent trading conditions on an array of platforms.
Regulation: CFTC (US), FCA (UK), ASIC (Australia), and AMF (France)
Online since: 1999
Trading model: NDD (Dealing desk on Mini accounts)
Trading platforms: Trading Station (proprietary), MetaTrader 4, and NinjaTrader; Copy trading available through ZuluTrade and Mirror Trader
Min. Deposit: $50
Min. Trade size: 0.01 (micro lots)
Max. Leverage: 1:400 (1:50 for US clients)
Bonus: No
Website: www.fxcm.com
Cost of trading
Spread:
– averaged 1.5 pips on EUR/USD on commission free accounts
– averaged 0.5 pips on EUR/USD on commission-involving ones
Commission: 1.8 – $4/£1.8 – £3 per standard lot (per side), depending on trading volume
Latest news about FXCM
Possible GLBR delisting from NASDAQ will not affect FXCM’s clients
In response to questions from its customers, FXCM Group issued a press release on Monday to clarify its relations to both Global
FXCM finalizes FastMatch deal, to repay part of debt to Leucadia
FXCM Group, the remaining UK and Australia-regulated units of Global Brokerage announced it has finalized the sale of its FastMatch share to the
Gain Capital got FXCM’s US clients for $7 mln
Gain Capital, the largest US retail forex broker, has paid $7 million for the clients of its former rival FXCM US after
FXCM still owes Leucadia $122.1 mln in principal balance
Leucadia National Corporation (NYSE: LUK), which loaned the then-US forex broker FXCM $300 million in January 2015, reported that it it recovered the full
FXCM trading volume continues recovery in June
FXCM Group, the remaining UK and Australia-regulated units of Global Brokerage, released a report on its June trading metrics, showing that the
FXCM statistics reveal 31.55% positive slippage for the 5 months ended on May 31
Major forex brokerage FXCM disclosed spread and slippage statistics on Wednesday, according to which 31.55% of all orders received positive slippage in
FXCM UK does not expect any sanctions by FCA, plans to launch new platforms
After the dramatic exit of FXCM from the US market in February, there have been concerns in the forex industry whether other
Ex-FXCM Inc. reports Q1 loss, warns of default in case of eventual delisting
It appears that the bad news for Global Brokerage Inc. (NASDAQ:GLBR), formerly known as FXCM Inc., have no end. After the dramatic exit
Leucadia got back most of cash investment in FXCM, marks down $130 mln to adjust value
Leucadia National Corporation (NYSE: LUK), which loaned the US forex broker FXCM $300 million in January 2015, reported that it has nearly recovered
FXCM’s trading volume falls to $225 bn in Mar 2017, active accounts drop by double digit
FXCM Group reported a consolidated trading volume of $225 billion in March, which is the first month when the broker completely stopped