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After a month of trading with fxcm mt4, I have to give up.
Too much and too many slippage. Order excution time vary from 1 to 15 seconds. When my order took 8 seconds to filled, I called fxcm support and I was told that it is normal for fxcm mt4 to fill order within 10 seconds!!!
The staff there also explained to me that bt mt4 works like a bridge to their trade station. so under mt4, order from mt4 --> trade station --> market --> trade station --> report back to mt4, so there is an extra time for a round trip between mt4 and trade station (in trade station, order goes directly to market). I felt like a second class client by using mt4
So with 10 seconds order excution is acceptable under mt4, I decided to give up.
Headquarters:
Financial Square 32 Old Slip, New York, NY 10005.
Country: United States
Regulated by:
USA: CFTC, NFA # 0308179
Canada : PartyID # 182963
Hong Kong: SFC CE # AIM232
Great Britain: FSA # 217689
Branches:
FXCM UK
FXCM Australia
FXCM Japan
FXCM Asia (Hong Kong)
3.6
4.5
FXCM Micro Account:
minimum deposit: $25
minimum lot size: 1k (micro lot)
maximum leverage: 1:400
FXCM Standard Account (10k):
minimum deposit: $2000
minimum lot size: 10k
maximum leverage: 1:200
FXCM Dealing models:
STP (NDD) on Metatrader, FXCM Trading Station
ECN on Active Trader platform
FXCM Spread:
Variable spread, from 0.7 pip on EUR/USD
FXCM Deposit/Withdrawal methods
Bank Wire, Credit card, Paper Cheque
FXCM Trading Platforms:
FXCM Trading Station, Metatrader, Active Trader (Currenex), Mirror Trader
Extra Services:
Signals from Zulutrade and Tradency
Website: FXCM.co.uk
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