FXCM was listed among the fastest growing companies by Inc. It is regulated and licensed in each of them. FXCM was in the news a great deal during the years of and following an extremely sharp movement in the value of the Swiss Franc, primarily against the Euro.
The firm also sold off many of its less core business activities, notably including a major website. The standard 5K account is ideal for experienced traders wishing to leverage the full advantages of FX trading.
FXCM also offers two training accounts, which are available for 30 days. Platforms for all account types are identical, however a separate username and password needs to be used for each type of account. The advantage of Trading Forex online is having the possibility to deal with no Dealing Desk. With this option, traders basically trade on rates provided directly by the banks, which enables FXCM to offer low variable spreads. The environment is user friendly and intuitive to use, and can be customized according to the users preferences.
These apps will make your life easier and more fun when you're on the go. There are also regularly free apps provided in their FXCM App Store such as Forex news, different utilities for your trading, indicators, and more.
Charting tools and analysis data are available either from a website, external to the trading platform, or can be added on to the platform by plug-ins, which need to be downloaded as well. FXCM now offers a toolbar to be downloaded to your browser, which provides instant access to FOREX market news and currency rates, and enables setting alerts for when the market reaches desired rates.
The brokerage also offers free mobile Forex trading via apps for most smartphones and its new iPad and Android tablet application. A Multi-lingual staff speaking over 20 languages is available at all times, via International toll frees calls, chat and e-mail. There are a few tools available to you if you are just getting to know the market and FX Trading station.
A support representative will introduce you to the system either via chat or over the phone. Forex traders who are looking for a bit of extra support can also take advantage of the web-based Mirror Trader which runs flawlessly with FXCM, allowing traders to automatically copy others in the hopes of increasing their profits. FXCM is a large and strong company, with a large world-wide user base, high liquidity and large financial assets.
This enables them to offer attractive rates, innovative tools and features, and high standards of customer support. We believe that these all make FXCM an excellent choice for Forex traders at all levels, no matter where they reside.
Report Broker Scams Forex Widgets. Due to strict US regulation many brokers aren't able to accept traders with US citizenship. See our list of recommended brokers that do accept US traders. Top Online Forex Brokers. Advantages Tight spreads, as low as 0.
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