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FXCM Review

FXCM

FXCM believes in making our financials transparent so that clients and potential traders know about the performance and health of FXCM as a company. FXCM strongly believes all traders should be asking his or her broker some pivotal questions regarding the company’s financial stability. FXCM’s financials are audited by Ernst & Young, which is one of the top four ranked accounting firms in the world.

FXCM today remains in a strong competitive position. As of November 8, 2016:

  • Adjusted Q3/16 revenues of $61.4 million
  • Adjusted EBITDA from continuing and discontinued operations of $6.4 million
  • $227.6 million in operating cash
  • $725 million in customer equity
  • 177,818 active retail FX accounts
  • Regulatory capital surplus of $90.9 million
Broker Name FXCM
Year of Established 2009
Country USA
Regulators NFA Number: 0308179
Trading Platform MetaTrader 4 (MT4)
Website Language English, Italian, Spanish, Portuguese, German, Arabic, Chinese, Russian
Bass Currencies USD
Minimum Deposit 300
Maximum Leverage 1:500
Minimum Spreads 0.3
Swap Free Acc Yes
Acc Funding Methods Visa Debit/Credit, MasterCard Debit/Credit, Skrill, NETELLER, FasaPay, BPay, POLi, Bank WIre Transfer
Acc Withdrawal Methods Visa Debit/Credit, MasterCard Debit/Credit, Skrill, NETELLER, FasaPay, BPay, POLi, Bank WIre Transfer
Type of Brokers ECN /STP
Mini Accounts Yes
VIP Accounts Yes
Segregated Acc Yes
Islamic Accounts Yes
Managed Accounts Yes
Free Demo Acc Yes
Mobile Trading Yes
Web Trading Yes
Hedging Scalping Yes
News Trading Yes
No Deposit Bonus No
Welcome Bonus Yes
Other Bonus Yes
Telephone No +1 212 201 7300
Fax Number
E-Mail & Skype info@fxcm.com
Address 55 Water St., 50th Floor, New York, NY 10041 USA

FXCM’s regulatory capital position is as strong as it has been in recent years:

  • Minimum regulatory capital requirements for continuing operations (US, UK & Australia) and discontinued operations is $60.3 million
  • FXCM however, has regulatory capital of $151.2 million, a surplus of $90.9 million.

While all traders have access to FXCM’s 24/7 Live Support and online education materials, we introduced the Standard and Active Trader account service levels to cater to your individual needs.

ACCOUNTS DETAILS

Standard Premium
$50 min $20,000 min
1K Minimum Lot Size 1K Minimum Lot Size
up to 400:1 Leverage on Forex up to 100:1 Leverage on Forex
up to 200:1 Leverage on CFDs up to 200:1 Leverage on CFDs
21 Forex Pairs 39 Forex Pairs
Spreads Only Spreads Only
Dealing Desk Forex Execution No Dealing Desk Forex Execution
Desktop, Web, Mobile Desktop, Web, Mobile
$10,000 Monthly Contest No Trading Restrictions
Market Depth
Find Out More Find Out More

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