FXCM (FXC Markets) Review
FXCM is one of the largest brokerage companies in the world (more than 150 countries). This is a group of companies specializing in the development of online trading on Forex.
Offices are open in all major financial centers. FXCM provides its customers with only high-quality service and efficient support. Forex Capital Markets is registered and licensed as FCA (217689).
Trading Conditions
The company offers two types of accounts, this is a standard and micro account. The first can be used by players with different levels of training who want to take advantage of the excellent execution of transactions and excellent services.
Micro account (for beginners):
- min. spread;
- min. deposit: $ 25;
- min. transaction volume: $1 000;
- shoulder up: 1:400.
Standard account (for all):
- spread up: 1 point;
- min. deposit: $ 2 000;
- min. transaction amount: $10 000;
- shoulder: 1:200;
- trading operations are performed in the No Dealing Desk Forex Execution mode.
Trading Platforms
Trading Station is developed by FXCM. It includes several types of orders, a selection of pre-loaded indicators and advanced charting applications. Available options for trade automation. Access to Fores is possible through the website, web application and mobile devices.
Distinctive features of Trading Station:
- real-time market quotes (without dealers);
- possibility of LAMM and PAMM control;
- notifications about executed deals and history tracking are available;
- access to information on interest and exchange rates in real time;
- analytical groups of macroeconomics and foreign exchange markets from SEB analytical groups;
- possibility of opening a transaction within the spread;
- installation of a moving stop order;
- possibility of hedging transactions;
- opening deals with one click;
- and much more
ZuluTrade – a unique platform for people who want to use a mostly automated approach. The proposed options are subscribed to individually developed strategies by the developers of various independent traders around the world.
MetaTrader 4 – a leading platform supporting access to the forex, futures and CFD markets. FXCM offers MT4 users free hosting of Virtual Private Server (VPS1), as well as expert programming services to automate trading through the application.
FXCM Liquidity Providers
FXCM’s liquidity providers include global banks, financial institutions and other market makers. Currently, services are provided by suppliers (not the entire list): Barclays Bank, Citadel Securities LLC, Citibank NA, Deutsche Bank AG, FASTMATCH INC, XTX Markets Limited, UBS AG, Morgan Stanley & Co., LLC and Jefferies Financial Services, Inc. The company also a number of Liquidity providers that stream pricing through the FastMatch Electronic Communication Network.
Training and risk
Training is one of the best among numerous brokers. It is completely free, and provides the following types of material:
- Video.
- Webinars.
- Trading analytic’s by experienced traders.
- Various requests.
It does not give a 100% guarantee that the trade will always be successful. Broker provides only a knowledge base.
Risk Warning: risk and risk of loss due to the aforementioned means. Products may not be suitable for all investors. This must always be remembered.
