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I'm an early-intermediate trader when it comes to forex. Played with FXCM demo, now first day with live account. I used Forex.com before. FXCM resources are much more comprehensive, and I'm happy with the service at this point.
I had no issues trading today even during news events.
I love their charting software (was using MT4 which sucks in comparison, and I'm not interested an EA at this time).
Stops were properly executed.
Courteous service helping me get account setup.
All around I hope this continues because not having to worry about broker issues makes it more fun to trade. Not sure if the no dealing desk is fully truthful, but I was on a dealing desk before and did ok (as a novice), so either way I think I'll be good. I'm recommending this broker. I'll check in again every few months with experiences.
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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