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I had errors when I tried to exit trades with FXCM

I traded with FXCM for several months.

First, their customer support was very fast and efficient. Always a nice, knowledgable person on the othe end of the line.

I got money out with no problem whatsoever.

The funny thing was I had errors when I tried to exit trades from time to time and it ended up being why I quit them. Never knew if I was getting "played". It doesn't make sence for a broker to try to drain your account. Anyway, too many of these losing trades where I knew what to do, did it, and got errored into a loss.

I'm in the USA and the trading takes place in the UK. That may have had something to do with the errors, I don't know. I'm not ready to say they were scamming me.

Wheelo, Forexrealm 2010-02-16

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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