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FXCM

About Company

Overview

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Review

Summarization

THIS SERVICE IS NOT AVAILABLE IN YOUR REGION

Unproved

Unproved

FXCM

United States

1999 (26 Years)

0 Reviews

No Review

Not enough to calculate score

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0.00

Traffic & Engagement

3.33

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Security Information

ASIC

Unproved

Licenses No: AFSL 309763

CySEC...

Regulated

Licenses No: 392/20

FCA

Regulated

Licenses No: 217689

FSCA

Unproved

Licenses No: 46534

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

Security Information

ASIC

Reject

Licenses No: AFSL 309763

CySEC...

Regulated

Licenses No: 392/20

FCA

Regulated

Licenses No: 217689

FSCA

Reject

Licenses No: 46534

News

TrustFinance Intelligence Agency

Research date: May 28, 2025

The 2024 Broker Awards results have been announced, celebrating outstanding brokers in various categories including Global competition, Asset competition, and Local competition. Key winners include easyMarkets as Broker of the Year and Interactive Brokers as Best Multi-asset broker. New categories were introduced this year to recognize brokers' customer relations and regional performance. The awards emphasize trader participation in evaluating broker performance, and TradingView encourages continued engagement for future awards.

The 2024 Broker Awards results have been announced, celebrating outstanding brokers in various categories including Global competition, Asset competition, and Local competition. Key winners include easyMarkets as Broker of the Year and Interactive Brokers as Best Multi-asset broker. New categories were introduced this year to recognize brokers' customer relations and regional performance. The awards emphasize trader participation in evaluating broker performance, and TradingView encourages continued engagement for future awards.

The website provides a comprehensive guide on the best Forex brokers in Panama, detailing their features, minimum deposit requirements, and regulatory statuses. It highlights six brokers: CMC Markets, AvaTrade, FXCM, Interactive Brokers, Tickmill, and IC Markets, each evaluated based on their offerings for local traders, account types, and trading platforms. The content also discusses the legality of Forex trading in Panama, which is governed by the Superintendency of Capital Markets, and emphasizes the growing popularity of Forex trading in the region.

The website provides a comprehensive guide on the best Forex brokers in Panama, detailing their features, minimum deposit requirements, and regulatory statuses. It highlights six brokers: CMC Markets, AvaTrade, FXCM, Interactive Brokers, Tickmill, and IC Markets, each evaluated based on their offerings for local traders, account types, and trading platforms. The content also discusses the legality of Forex trading in Panama, which is governed by the Superintendency of Capital Markets, and emphasizes the growing popularity of Forex trading in the region.

FXCM UK experienced a modest 11% decrease in revenues for 2022, totaling $10.7 million, but saw a significant increase in profitability, with net profits reaching $861K. The company attributes its financial performance to the trading volume of its clients and market volatility. Despite the revenue decline, retail trading volumes increased by 3.2%. FXCM UK, which is now fully owned by Jefferies Financial Group, has undergone restructuring following the UK's exit from the EU, impacting its ability to service EU clients directly.

FXCM UK experienced a modest 11% decrease in revenues for 2022, totaling $10.7 million, but saw a significant increase in profitability, with net profits reaching $861K. The company attributes its financial performance to the trading volume of its clients and market volatility. Despite the revenue decline, retail trading volumes increased by 3.2%. FXCM UK, which is now fully owned by Jefferies Financial Group, has undergone restructuring following the UK's exit from the EU, impacting its ability to service EU clients directly.

FXCM is a leading online foreign exchange and CFD trading provider, offering various trading platforms and educational resources. They provide access to multiple markets, including Forex, shares, indices, commodities, and cryptocurrencies, with features like low spreads and enhanced execution. FXCM also offers promotions such as free upgrades to TradingView plans based on account deposits. The site emphasizes the importance of understanding trading risks and provides customer support options. Overall, FXCM aims to enhance the trading experience through a combination of technology and education.

FXCM is a leading online foreign exchange and CFD trading provider, offering various trading platforms and educational resources. They provide access to multiple markets, including Forex, shares, indices, commodities, and cryptocurrencies, with features like low spreads and enhanced execution. FXCM also offers promotions such as free upgrades to TradingView plans based on account deposits. The site emphasizes the importance of understanding trading risks and provides customer support options. Overall, FXCM aims to enhance the trading experience through a combination of technology and education.

The website provides comprehensive information on online brokers, including comparisons, reviews, and guides on choosing the right broker for trading needs. It discusses the advantages and disadvantages of using online brokers, emphasizing the importance of selecting a reputable and regulated platform. The content also highlights essential factors to consider when choosing an online broker, such as technology, customer service, research tools, and fees. The site aims to assist both novice and experienced traders in making informed decisions about their trading journey.

The website provides comprehensive information on online brokers, including comparisons, reviews, and guides on choosing the right broker for trading needs. It discusses the advantages and disadvantages of using online brokers, emphasizing the importance of selecting a reputable and regulated platform. The content also highlights essential factors to consider when choosing an online broker, such as technology, customer service, research tools, and fees. The site aims to assist both novice and experienced traders in making informed decisions about their trading journey.

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FXCM Review: Is FXCM any good?

FXCM Broker Overview and General Information

FXCM is a major British Forex broker, part of Jefferies Financial Group Merchant. Founded in 1999, FXCM has offices in the UK, Germany, Australia, France, Italy, Greece, Hong Kong and South Africa. It also has partners around the world, including Canada and Israel. In addition to Forex trading, FXCM also offers CFDs on stocks, commodities and cryptocurrencies. For more information, visit the FXCM website.

Licenses that FXCM Broker holds

All services and products accessible through the website www.fxcm.com/th are provided by Stratos Global LLC, registered at Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines. And if you ask whether FXCM is good or not, you have to start by considering the licensing factor first. The broker has the following licenses:

Australian Securities and Investments Commission (ASIC) License No. AFSL 309763 under Stratos Trading Pty. Limited
Financial Sector Conduct Authority (FSCA) License No. 46534 under STRATOS SOUTH AFRICA (PTY) LTD.
FXCM EU LTD is a Cyprus Investment Firm (“CIF”) registered with the Cyprus Department of Registrar of Companies (HE 405643) and is authorised and regulated by the Cyprus Securities and Exchange Commission (“CySEC”) under license number 392/20.
Financial Conduct Authority (FCA) License No. 217689 under Stratos Markets Limited.

 ⚠️Warning: The Financial Conduct Authority (FCA) has issued a regulatory licence number 217689 warning that Stratos Markets Limited has been the subject of regulatory or disciplinary action which may have occurred in the past or may have affected its current regulatory activities and that due diligence is advised before investing.

Products and services from FXCM Broker

FXCM offers a wide range of trading products including indices, commodities, forex, stocks and cryptocurrencies.

Commodities
Trade major commodities such as gold, silver, crude oil and natural gas. Commodity trading allows investors to diversify their portfolios and profit from commodity price fluctuations effectively.
Forex
A wide range of Forex trading services, including major, minor and exotic currency pairs to trade. With competitive spreads and fast order execution, traders can confidently speculate on the movements of the Forex market.
Stocks
Traders can invest in shares of leading companies from around the world through FXCM. Stock trading allows investors to access global stock markets and take advantage of stock price movements to increase their profit potential.
Index
Invest in leading indices from major global markets such as the S&P 500, NASDAQ, FTSE 100 and DAX 30. Indices trading allows traders to speculate on the movement of stock indices effectively.
Cryptocurrencies
Cryptocurrency trading services include Bitcoin, Ethereum, Litecoin, and Ripple. Cryptocurrency trading allows traders to access the crypto market and speculate on cryptocurrency price fluctuations 24 hours a day.

FXCM Trading Platforms and Tools

FXCM offers a variety of trading platforms, including MetaTrader 4, Trading Station, and NinjaTrader. There is also ZuluTrade for copy trading. These platforms come with advanced technical analysis and graphical tools to help traders analyze the market and make better trading decisions.

FXCM Trading Platform Features Comparison Table

	Trading Station	Metatrader 4	ZuluTrade
1K Micro Lots	✔️	✔️	✔️
Automatic Trading	✔️	✔️	✔️
Pre-Loaded Strategy	✔️	✔️	✔️
Advanced Backtesting	✔️	✔️
Trading via charts	✔️	✔️
One-click trading	✔️	✔️
Email/SMS notification	✔️	✔️
Customizable indicators	✔️	✔️
Desktop	✔️	✔️
Web and Mobile	✔️	✔️	✔️
Copy Trading			✔️

Considerations:

Trading Station and MT4 lack Copy Trading feature
Zulutrade does not have many features like Trading Station and MT4, but it does allow Copy Trading.
Some users have reported frequent slippage, where orders may not be executed at the desired price and orders may sometimes be delayed in execution.

FXCM Broker Account Types

FXCM broker offers only two account types to choose from: Standard Account and Active Trader Account.

Standard Account

Minimum deposit: $50
Leverage: Up to 30:1 (depending on jurisdiction)
Spread: Variable Spread
Trading platforms: MT4, Trading Station, NinjaTrader, ZuluTrade
Instruments: Forex, CFDs on indices, commodities, cryptocurrencies and more.

Consider: No dedicated support or special benefits like premium research and API trading

Active Trader Account

Minimum deposit: $25,000
Leverage: Up to 30:1 (depending on jurisdiction)
Spreads: Spreads are lower than standard accounts.
Commission: Reduced commission rates
Trading platforms: MT4, Trading Station, NinjaTrader, ZuluTrade
Instruments: Forex, CFDs on indices, commodities, cryptocurrencies and more.
Additional benefits: Dedicated support, Premium research, API trading

 Considerations: This account type is suitable for experienced traders with large sums of money, it may not be suitable for beginners or traders with limited budgets.

Pros and Cons of FXCM

Pros :

Broker has been operating for over 30 years
You can follow market analysis from brokers.

Cons :

The spread is quite expensive.
Live Chat does not support Thai language.
The minimum deposit is quite high, not suitable for beginners.
There are few account types to choose from.
There are few products to trade.
Leverage is quite low compared to other brokers in the market.
It takes a long time to withdraw money, it may take 3 days or more.
MT5 is not supported

Office location and contact channels

Location 20 Gresham Street, 4th Floor, London EC2V 7JE, United Kingdom.

Contact channels:

WhatsApp : +44 7537 432259
info@fxcmmarkets.com
Live chat website

FXCM Broker Overview Summary

Overall, FXCM is a good choice for investors who want a copy trading service and features that are convenient for investors. However, FXCM has faced legal issues and penalties from financial regulators in the past, which has caused some investors to be concerned about the company's credibility. In addition, withdrawals take a long time, up to 3-4 days or more. With these limitations, investors should study the information and understand the risks that may occur before investing every time in order to choose a service that best meets and aligns with their needs and risk tolerance.

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FXCM Review Compare spreads, fees, trading platforms, deposit and withdrawal conditions and more with real user reviews to help you decide which broker suits your needs.