FXCM has a long history of being a leader in Forex and CFDs. It was established in 1999. For three consecutive years, it was considered one of the most fast-growing companies in the USA. It is the broker with a global reach and quite popular in Australia, France, the UK, and Italy. However, starting in 2017, the platform no longer operates in the USA and concentrates its efforts on the international markets, especially in European countries. It is regulated under several jurisdictions, however, the main regulator is the FCA.
Fouded
1999
Min deposit
50$
Min withdrawal
50$
Withdrawal fee
no
Inactivity fee
no
Min bet
0.01 lots
Max. leverage
1:400
Withdrawal of funds
1-3 working days
Asset type
Forex, CFDs, Cryptos, Commodities, indices
Regulated
FSCS, FCA
Deposit with credit card
Visa, Mastercard, Maestro
Depositing with electronic wallet
Bank Wire, Neteller, Skrill, Klarna, Rapid Transfer
Withdrawal
Bank Wire, VISA, MasterCard, Neteller, Skrill
Avalaible plamform
MT4, WebTrader, IOS, Android
Company registration
FXCM 20 Gresham Street, 4th Floor, London EC2V 7JE, United Kingdom
Availability
FXCM accepts traders from Australia, Thailand, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait
Contacts
info@fxcm.co.uk
+44 (0)207398 4050
Pros
Fast and straightforward account opening
Good technical research tools
High quality educational content
Cons
Limited product portfolio
Poor mobile platform
Poor website trading platform
Top 5 brokers
Alpari
- Foundation: 1998
- Leverage: up to 1:1000
- Min.Deposit: 5$
- Min withdrawal: 15$
eToro
- Foundation: 2007
- Leverage: up to 1:1000
- Min.Deposit: 200$
- Min withdrawal: 50$
easyMarkets
- Foundation: 2001
- Leverage: up to 1:400
- Min.Deposit: 25$
- Min withdrawal: 50$
IG
- Foundation: 1974
- Leverage: up to 1:50
- Min.Deposit: 250$
- Min withdrawal: 100$
Plus500
- Foundation: 2008
- Leverage: up to 1:300
- Min.Deposit: 100$
- Min withdrawal: 100$