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I've never had spread higher than 3 pip with FXCM

I have been using FXCM for over a year now and have had no problems at all.

They allways pay, have good spreads. I usually just trade either eur/usd or gbp/usd, and never had a spread higher than 3 pip.

If I was going to say something negative is that the trading software is requires a bit of power from the computer, and tends to hang a bit if you have a slow prosessor. But this is a typical problem I have had on my old computer with any system e.g metatrader, fxnet and others.

So if your going to have your computer on studying the market, get a good computer and a good internet connection.

And the most st*pid thing I have ever read is that the broker makes more money if you lose? The broker isn't making any money on losing trades, it's just losing the money you deposited and traded on Bad trades! the only thing they make money on is the pip spread + interest on bad trades. but if your trade is a winner you get interest on the good trades.

That is one of the main reasons I use fxcm, because they give people a fair deal.

Jan Hansen, Forexrealm 2009-10-30

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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