FXCM MT4 platform is freezing

Well, I already opened an account with FXCM using their MT4 platform through Boston Technologies.

The hard fact is that I would consider it the worst of the worst I ve ever tested & tried in my forex trading experience. The problems started just a week after fine & smooth trading with them. Problems I encountered were from system freezing while trading and when I am in a trade, deleting stop loses, and deleting pending orders.

b koori, forexfxctory.com 2009-07-31

FXCM Forex Capital Markets review

FXCM Review: Real FXCM UK spread on MT4 forex trading account

 

Website: www.fxcm.com 

Headquarters:

55 Water St. FL 50, New York, NY 10041

Country: United States

Regulated by:
USA: CFTC, NFA # 0308179

US: CFTC and NFA (NFA Member# 0308179) 

UK: FCA (Firm registration #217689)

Australia: ASIC (AFSL #309763)

Hong Kong: SFC (SFC CE #AIM232)

Italy: CONSOB (#76)

Germany: BaFin (#122556)

France: Registered with the ACP, as the branch of Forex Capital Markets Ltd.

Trader's rate 4
Editor's rate 4.9

 

FXCM Basic Account:

minimum deposit: $50

minimum lot size: 1k (micro lot)

maximum leverage: 1:200 (1:50 in US)

 

FXCM Premium Account:

minimum deposit: $2000

minimum lot size: 1k

max leverage: 1:200  (1:50 in US)

 

FXCM Active Trader Account:

minimum deposit: $25 000

minimum lot size: 1k

max leverage: 1:200  (1:50 in US)

 

FXCM Dealing models:

STP (NDD) on Metatrader, FXCM Trading Station

ECN on Active Trader platform

 

FXCM Spread:

Variable spread, from 0 pip on EUR/USD

Commission: $4 per standard lot traded 

 

FXCM Deposit/Withdrawal methods

Bank Wire, Credit card,  Paper Cheque, ACH 

 

FXCM Trading Platforms:

FXCM Trading Station, Metatrader, Active Trader (Currenex), Mirror Trader, Ninja Trader

 

Extra Services:

Signals from Zulutrade and Tradency

 

Website: FXCM.co.uk



FXCM is probably the biggest forex broker on the global market (or at least one of the biggest): currently it has with more than 203,000 active tradable accounts and 203,000 people can't be wrong now, can they? 

 
You are probably wondering how did we get this data and the answer to that is simple: FXCM gave it to us – and to anyone else interested. In order to maintain transparency of operations, the company has introduced FXCM Financials – a site where anyone can see the broker's balance sheets, income statements, EBITDA details, customer equity, etc. 
 
By now you must have guessed that transparency and investor protection are super important for FXCM. The broker is registered with the FSA (UK), the NFA (USA), SFC (Hong Kong), ASIC (Australia), FSA (Japan), and ACP (France). 
 
With a minimum initial deposit requirement of $50 and leverage of up to 1:400 for Micro accounts, FXCM is a good broker for beginners. It also offers a huge selection of educational resources such as trading tutorials, video library, articles, analyses, forums, webinars, etc. Most of these are found on the DailyFX site, maintained by FXCM. 
 
The broker offers two sets of spreads, depending on whether you opt in for a dealing desk or no dealing desk account. The DD spreads are significantly lower, while the NDD spreads levitate around the industry averages. Price improvement (e.g. positive slippage) is available. 
 
Traders can choose between three account types – Basic, Premium and Active Trader – and three platforms: FXCM Trade Station, Metatrader 4 (MT4), and Active Trader. Automated trading is available through ZuluTrade and Mirror Trader. 
 
FXCM customers who want to recommend the broker to their friends and family are encouraged to do so, and are then rewarded through the broker's Refer-A-Friend program.