FXCM review
Regulation, trading conditions, fees, platforms and user experiences
Also known as Forex Capital Markets
- Editorial score
- 8.0/10How we scored FXCM
- User rating
- No user ratings yet
- Regulatory status
- FCAASICCySECFSCA (South Africa)
- Country
- United Kingdom
- Established
- Established 1999
- Website
- fxcm.com
FXCM may have a commercial relationship with 88 Forex Brokers. Paid placement is labelled separately and does not allow payment alone to determine the editorial score.
FXCM is a forex and CFD broker associated with United Kingdom. This profile reviews its regulatory records, trading conditions, platforms, fees and available user reports.
FXCM is workable, with clear compromises. Regulated by FCA (217689); ASIC (AFSL 309763); CySEC (392/20); FSCA (FSP 46534), offering Trading Station, TradingView, MetaTrader 4. What follows is drawn from the broker's own published material and covers the things that decide the account you end up with: who oversees them, what trading actually costs, and where the compromises sit.
FXCM at a glance
- Broker name
- FXCM
- Established
- 1999
- Headquarters
- London, United Kingdom
- Legal entities
- Stratos Markets Limited
- Regulatory status
- Regulated
- Minimum deposit
- $50
- Maximum leverage
- 1:400
- Trading platforms
- MetaTrader 4, TradingView, Proprietary platform
- Markets offered
- Forex, Commodities, Indices, Shares, Cryptocurrency CFDs
- Account types
- Standard, Active Trader, Professional, Corporate, Islamic/Swap-Free, Demo
- Demo account
- Available
- Islamic account
- Available
- Customer support
- Live chat, email, phone, WhatsApp/SMS in supported regions, 24/5
- Official website
- fxcm.com
Our view of FXCM
FXCM stands out for an FCA licence, 27 years of operating history, raw spreads from 0.0 pips and a low minimum deposit of $50. The main issues to consider are an inactivity fee. Its suitability depends on the legal entity available in your country, the protection attached to that entity and whether its pricing and platform range match how you intend to trade.
Who FXCM may suit
FXCM may suit traders looking for a tier-one licence behind the account, raw spreads with a commission, a small first deposit and copy trading.
What stands out
- An FCA licence
- 27 years of operating history
- Raw spreads from 0.0 pips
- A low minimum deposit of $50
- MetaTrader 4
- TradingView
- Copy trading
- Automated trading support
- API access
- Negative balance protection
- A compensation scheme
What to consider
- An inactivity fee
What traders report about FXCM
There are not enough eligible ratings to publish an aggregate user rating for FXCM.
- Open cases
- 0
- Broker responded
- 0
- Resolved
- 0
- Unresolved
- 0
Community metrics describe the published dataset and do not establish that every client will have the same experience.
Read all reviewsView complaintsWrite a reviewSubmit a complaint
How FXCM scored
The editorial score is calculated from the broker information and assessment criteria described in our scoring methodology. It is separate from user ratings and sponsored placement.
Category scores may be unavailable where there is not enough reliable information. The overall score should not be treated as a guarantee of safety, performance or suitability.
Read the full editorial reviewCompare FXCM with other brokers