It also offers dedicated 24/5 customer support with global offices in London, Melbourne, and more. The breadth of platforms and available tools means that experienced traders are best served by FXCM’s emphasis on incorporating value-added services and resources. Powered by ZuluTrade, a leading social trading platforms, FXCM gives you direct access to view and copy the trading strategies of others. You can join the thousands of people who now trade in this hassle-free way with this broker.
Commissions and fees
Overall, FXCM broker is considered a trustworthy and safe broker with a trust score of 96 out of 99. Whereas, tire 2 and tire 3 regulators indicate average and low trust. When making a deposit into your account with a credit card or debit card (Visa or MasterCard) there is a minimum of $50 per deposit and a limit of $30,000 per month for all FXCM clients. FXCM has a knowledge section that consists of research or market analysis tools and education.
FXCM review – Customer Services and Support
FXCM is also a great option for beginners, due to its wide range of educational materials and easy-to-use platforms, including its latest integration with TradingView. The trading system is very easy to navigate around, and is simple enough for beginners. A broker-neutral service, executing strategies while minimizing market impact, reducing transactions costs, and monitoring risk. We understand that bots and FAQ pages may not always provide the personalized assistance you need. If you have any more questions or concerns in the future, please don’t hesitate to reach out, and we’ll be here to help.
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Set everything up I needed straight away, educated me on platforms. We deeply apologize for any inconvenience you’re experiencing Sasha Abid Khan. Your withdrawal request is currently under review by our dedicated team. Your satisfaction is our priority, and we appreciate your patience.
Also, there are articles explaining the roles of G20, OPEC and IMF. A glossary of over 45 relevant trading terms is available on the website. Forex trading ‘A to Z course’ is available to account holders upon request. The video library contains easy to understand videos on platform use, forex introduction, order types and mobile platform tutorials. Overall, there is more than enough content for everyone to learn something new. FXCM offers a decent selection of tradable assets, excellent pricing and high-quality customer service that few other online brokers can match.
MetaTrader 4’s reputation and reliability make it a sound choice for all traders. FXCM is especially proud of their own Trading Station II (not to be confused with another platform TradeStation). It was built based on the feedback from FXCM traders and trading data accrued from over 10 years to meet the needs of their clients.
Their foundations are typically rooted in technical and fundamental analysis, or as a hybrid of both methodologies. Novice and experienced traders alike frequently look to trading signals for guidance on whether to buy or sell in the live market. FXCM offers forex signals applicable to 40 individual currency pairs. No matter if you are trading the majors, minors, crosses, or select exotics, you will never be without fresh trade ideas. The FXCM Plus Exclusive Trading Signals service is free for Live Accounts, or available courtesy of a complementary 14-day trial. Trading signals can be used in isolation or as a complement to nearly any strategy.
All CFD option is commission-free, which means costs are included in the spread. An FXCM dealing desk determines the best execution means which can result in FXCM acting as a market maker or using a dealing desk. Because of this discovery, im now quite hesitant and unimpressed to pursue fxcm as my broker. In addition to a YouTube channel and a complete library of trading videos, you can get a better idea of FXCM’s offerings from a tutorial video situated on its website. You can always rely on our team to answer any questions and provide more information, so if you ever find yourself in need, do not hesitate to contact us. It’s was a great experience in terms of how fast they identify the problem and quickly give different solutions.
Further, FXCM’s group entities are also regulated by the tier-1 financial authorities Financial Conduct Authority of the UK and the Australian Securities and Investment Commission of Australia. FXCM’s operations in Canada are overseen by the IIROC of Canada, which is the relevant regulatory authority in the company. Further, FXCM’s group entities are regulated in the UK, in Australia, in Cyprus, and in Bermuda. Use our country selector tool to view available brokers in your country.
Your feedback is important, and we’re committed to improving our service.Thank you for bringing this to our attention. If you ever need assistance again, don’t hesitate to reach out. Step 5) Set a password for your account, check the boxes to accept the terms and condition then click ‘Continue’. Next review the information you have provided and click ‘Submit’.
I’ve been demo trading for months now and i have discovered that i really like scalping as my trading style. I’m impressed with tradingview’s platform especially the part where you could just input the risk you wanted to provide and the lot size would be https://traderoom.info/ automatically computed. For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings.
- Calls can be made in any language that supports a standard HTTP.
- Also, MetaTrader 4 users can automate their trading using “expert advisor” or EA software they can program themselves or obtain from third parties.
- To learn more about country-specific regulations and restrictions (and to discover our data-based picks for the best brokers by country), check out our country guides.
- The feature gives users the ability of traders to share ideas and strategies and help other traders.
- Please note that due to FCA regulation, UK retail traders are not able to trade cryptocurrencies with UK brokers.
- For 20 years FXCM has delivered unquestionable customer care services 24/5 and has received several regional as well as international awards.
These are Bitcoin, Etherium, Litecoin, Ripple, and Bitcoin Cash ABC. The customer service representatives are very professional and respond quickly. Users can contact customer support via email, live chat, and phone. The demo account and the lessons are great if you are a beginner at forex trading and you want to practice with virtual money. There’s a market scanner feature that uses technical indicators to show traders when it’s a good opportunity to buy/sell.
An FXCM Trading Station account with a $5,000 minimum balance is required. If you want to start practicing without making a deposit, you can open up a free demo account. This lets you assess the broker’s research and educational resources and practice trading. FXCM provides customer service via toll-free numbers around the world in 42 countries in North and South America, Asia, the Middle East and Europe. The broker’s multilingual phone service and the live chat feature on its website are available 24 hours a day, 5 days a week. However, users can only trade a limited selection of forex and CFDs, and the mobile and desktop platforms are lacking in usability when compared to the competition.
Browse from a range of proficient traders with proven trading record, find a Trader to match your risk appetite and simply Follow their strategy. You can check the performance of your portfolio and individual Traders inside ZuluTrade platform. Just keep in mind that there is no guarantee on how the trading signals will perform and historical performance fxcm canada review is no reflection of what will happen in the future. I actually prefer to maintain control over my own trading as I think this is the best way to learn from your mistakes and become a better trader. I also feel like some of the ZuluTrade strategies are quite high risk, utilising potentially dangerous grid trading and martingale money management.
Overall, FXCM’s research is a touch above the industry average and will satisfy most forex traders, though it’s not as rich or diverse as what’s offered by the best brokers in this category. BrokerNotes.co provides unbiased forex broker reviews and ratings to help traders and investors find the best broker for their needs. All content is researched, fact-checked, and edited by our research team and all ratings and rankings are based on the team’s in-depth product testing. FXCM offers 24/5 award-winning customer services with customer support contactable via live chat, email, phone and even SMS text message.