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FXCM slips you like crazy, their MT4 paltform is buggy

These guys slip you like crazy, and their MT4 paltform is buggy, so buggy that the price moves past your stop and it still doesn't stop it out for a few minutes - and this is during non news time.

During news, good luck, my stop wasn't guaranteed and was filled at the worst possible price.

Other times, your closing price on MT4 is not guaranteed, as it actually checks the price on their FXCM platform, so what you see, is not what you get!!!

This is an example of a failed MT4 implementation.

Anon, forexpeacearmy.com 2009-08-01

FXCM Forex Capital Markets review

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

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)

Trader's rate 3.6
Editor's rate 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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