FXCM

FXCM Trading Overview

FXCMThere are not many brokers who manage to adhere to the strict regulations of the United States when it comes to forex trading, but FXCM is a USA based forex broker that has continued to dominate ever since it was established. It is a broker operated by an organisation known as Gain Capital and has been prominent in the field of forex trading.

Some of the aspects that make FXCM broker popular are their convenience, reliability, regulatory compliance and integrity. You can expect all of these at FXCM broker. Besides, the official FXCM website is rich with information and is considered as a quality forex website on the internet for traders of all experience levels. Traders can also expect a lot of bonuses and promotional offers at FXCM.

Trading Platforms

There are two different primary trading platforms that enable smooth forex trading at FXCM. These are FOREXTrader Pro and MetaTrader 4.

Account Types

There are two different trading accounts the traders can choose from at the time of registration with FXCM. With a minimum deposit of $500, traders gain a Standard Account. However, it is recommended to deposit an amount of $3000 as that would enable a number of exclusive trading tools and features. For a premium account, FXCM requires you to deposit at least $25,000 in order to start a forex trading account.

Commission & Spreads

FXCM is one of the very few brokers out there who do not charge their customers any fees at all for providing services. FXCM makes its money by posting spreads over the prices which traders earn via the forex trading market. Most of the times, these are competitive and inconstant. They normally begin from as little as 1.2 pips for big pairs such as EUR/GBP.

Customer Support

FXCM brokers wish to make sure their customers are fully satisfied and do not face any kind of inconvenience, which is why they provide a 24/5 based customer service. You can opt for either fax, live chat, email or telephone in order to reach out for the customer support team.