FXCM

Wed 31 December, 2008FX Guy

fxcm

FXCM is one of the net’s largest Forex Brokers both in terms of number of clients and capital it posseses.  An average of $350 billion in volume every month is traded on FXCM’s trading platform, and FXCM is one of the most well-capitalized Forex Dealer Members. FXCM is in fact one of the longest running online Forex brokers. Consequently, FXCM has maintained strong relationships with many of the worlds largest international banks. FXCM receives and is able to offer these advantages to its clients:  better prices, and better execution, tighter spreads, and ease of use.  Forex is traded via an over-the-counter market with no centralized exchange, meaning not everyone enjoys the same prices or quality of execution as those using FXCM do. In reality, the world’s biggest banks usually provide better prices and execution to institutions with the largest trade volume and the most solid financial statements, namely brokers like FXCM.

FXCM Broker Features

  • SPREADS AS LOW AS 1 PIP
  • NO DEALING DESK
  • RATES ARE PROVIDED TO FXCM BY MULTIPLE TOP TIER BANKS
  • EARN POSITIVE ROLLS, REGARDLESS OF YOUR MARGIN LEVEL
  • PLACE ORDERS INSIDE THE SPREAD
  • NO DEBIT BALANCES
  • HEDGING IS ALLOWED
  • Traders receive competitive bid/ask prices provided to FXCM by multiple global banks.
  • Trade news events with NO restrictions on order placement.
  • Scalp the market with NO restrictions on order placement.
  • Benefit from positive carry trades, regardless of your margin level.
  • Margin Watcher feature that ensures you never pay debit balances…ever!
  • Automated Trading Signals for Multiple
  • Currency Pairs
  • Live Entry/Exit Prices
  • Fast and Reliable Stops & Limits
  • Short-term & Medium-term time frames

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FXCM stays ahead of the curve when offering it’s clients information about trading.  When news breaks, FXCM passes it along to you, most of the time with professional analysis and interpretation. FXCM scans and alerts you if  certain technical formations appear up to 8 times a day!

FXCM Trading Platform

fxcm_trading_platform

As of January 2008, there is over $700 million in customer capital trading on all FXCM platforms.  There are over 100,000 live accounts trading from almost 200 countries, with an average of 4,000,000 trades each month via its trading platforms.  FXCM’s customer support is available in over a dozen languages to maxmize their reach of service.

Registered with the CFTC as a Futures Commission Merchant, FXCM has received numerous awards in the past few years from the Forex and investment community such as Best Currency Broker from Shares, Best Retail Foreign Exchange Platform from FX Week and Best Foreign Exchange Specialist according to Technical Analysis of Stocks & Commodities.

Please share your experiences with FXCM in the comments below if you have any.  Your comments are welcomed and greatly appreciated.

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FXCM, 3.6 out of 10 based on 24 ratings
 

2 Responses to “FXCM”

  1. BloodyHarry
    Says:

    Pretty sweet broker. They eliminated their dealing desk last year and the spreads have been better ever since. FXCM is a broker you can trust because they are quite established and “aren’t going anywhere” anytime soon.


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