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Trading CFDs carries a high risk of losing money rapidly. Confirm this broker's current loss-rate disclosure and regulated entity before opening an account. Read the full risk disclosure.
Last updated: ·Reviewed by BrokaBoy Research Team
Some figures on this page are taken from broker-published information and have not yet been checked against current terms. Confirm details on the broker's website.
FXCM
Long-running CFD broker with strong charting tools
Overview
FXCM: Long-running CFD broker with strong charting tools. Fees, spreads and leverage shown here are industry-typical placeholder figures, not verified live data - check them against FXCM's current terms before making any financial decision.
FXCM supports Forex, Indices, Commodities, Shares, Crypto across 3 platforms, and offers Standard, Active Trader accounts to cover most trader profiles. Regulation is held with ASIC, FSCA, FCA.
With spreads starting from 0.2 pips and leverage up to 1:400, it's positioned for traders getting started who value fxcm and fxcm review.
Pros & Cons
- Deep charting and automation tools
- Regulated in the UK and Australia
- Transparent pricing data
- No MetaTrader 5
- Past US regulatory history
- Inactivity fees apply
Platforms & tools
Regulation & safety
Fees breakdown
Illustrative summary - confirm current pricing on FXCM's own website.
Variable
Varies by account type
Overnight swap charges apply on positions held past rollover.
Most withdrawal methods are free; third-party fees may apply.
Opening an account with FXCM
- 1Open the account application on the broker site
- 2Verify your identity with ID and proof of address
- 3Fund the account with a supported method
- 4Download the platform and start on a demo first
FAQ
What is the minimum deposit at FXCM?+
FXCM lists a minimum deposit of $50 to open a live trading account. Confirm the current amount on the broker's website, as it can vary by account type and region.
Is FXCM regulated?+
FXCM holds licences with ASIC, FSCA, FCA. The protections you get depend on the regulator and entity you sign up with - see each regulator's page on BrokaBoy for details.
What is the maximum leverage at FXCM?+
FXCM advertises maximum leverage of 1:400, depending on the instrument and your jurisdiction. Retail leverage may be lower under local regulation.
What are FXCM's spreads and fees?+
FXCM advertises spreads from 0.2 pips. Varies by account type Overnight swap charges apply on positions held past rollover.
Which trading platforms does FXCM support?+
FXCM supports MetaTrader 4, Trading Station, TradingView across Standard, Active Trader account types.
How do I open an account with FXCM?+
Open the account application on the broker site Verify your identity with ID and proof of address Fund the account with a supported method Download the platform and start on a demo first
User reviews
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Ready to open a FXCM account?
Confirm the current account terms and pricing on the broker's website.
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