Forex Brokers - Forex Capital Markets, LLC (FXCM) Review

Forex Capital Markets, LLC (FXCM)

Company Name: Forex Capital Markets, LLC (FXCM)
Website Address: www.fxcm.com
Year of company's foundation: 1999
Year of company's forex division foundation: 1999
Regulated by : CFTC (U.S.), NFA Member (U.S.), FSA (UK), SFC (HK), ASIC (AUS), FSA/ACP Registered (France), CONSOB (Italy), BaFin (Germany)

Leverage: Maximum of 50:1*
Commissions: Bid /Ask Max
Pip spread on majors: As low as 1 pip on major currency pairs**
Regular Account: Yes
Minimun account size for Regular Account: $2,000
Mini Account: Yes
Minimun account size for Mini Account: $50                                                                       Trading Platform: FX Trading Station II, Active Trader, Mobile TSII

Disclosure: *Without proper risk management, a high degree of leverage can lead to large losses as well as gains.  ** FXCM strives to provide traders with tight, competitive spreads; however, there may be instances when market conditions cause spreads to widen beyond the typical spreads.

Services: Services: Founded in 1999, FXCM is a global forex broker, and is regulated in the United States, the United Kingdom, Hong Kong, Australia, Italy, Germany and France. FXCM offers a wide variety of products and services, providing No Dealing Desk Forex trading execution.  FXCM offers 24-hour online forex and CFD trading†. FXCM’s No Dealing Desk Forex Execution eliminates any conflict of interest between broker and trader, ensuring that there is no dealer intervention in trades. No Dealing Desk trades are executed back to back with one of many banks or financial institutions, which compete to provide FXCM with bid and ask prices, providing spreads as low as 1 pip on major currency pairs**.
Key benefits to trading with FXCM include mobile trading, one-click order execution ,trading directly from charts, positive rolls at all margin levels, flexible leverage* and free access to real-time proprietary trading signals. FXCM Ltd’s CFD product allows traders to trade oil, gold, silver and stock indices, along with forex on one platform. In addition to currency trading, FXCM offers educational courses on forex and CFD trading, and provides free news and research through DailyFX.com.

As a result of FXCM’s average monthly trading volume, FXCM has obtained close banking relationships with some of the most aggressive price providers. FXCM’s trading platforms have been tested in all market conditions. FXCM Micro, a division of FXCM offering self-service accounts, allows traders to experience the excitement of the forex market with as little as $50.
Languages: English, Arabic, Chinese, Farsi, French, German, Hebrew, Italian, Japanese, Korean, Portuguese, Russian, Spanish
24 Hour trading: Yes
Free demo account: Standard , Active Trader ,  CFD  , Spread Bet , Forex System Selector , MT4
Live support chat: Forex Sales, Customer Service, Forex Market
Headquarters: Financial Square 32 Old Slip, New York, NY 10005.
Country: United States
Phone: +1.212.897.7660
Fax: +1.212.897.7669
E-mail: info@fxcm.com

† Please be advised that CFD accounts are not available to residents of the U.S. or its territories.

*Trading foreign exchange with any level of leverage may not be suitable for all investors and can dramatically amplify your losses as well as your gains.