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☑️NEW FXCM Reviews: SCAM or LEGIT?

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What is FXCM?

FCXM is an international Forex and CFD broker established in 1999 with more than 130.000 active trading accounts and an annual trading volume of £2.8 trillion that aims to give you the best trading education and experience by offering access to the global markets. It also gives you the possibility to sign up for a free practice account to test your strategies and knowledge.

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The company is London-based and has received many awards for her innovative technology and advanced tools such as:
  • Best FX Provider by Personal Wealth,
  • Best online FX Provider by Money Am 2013
  • Largest Forex Provider by Investment Trends 2012
  • Best Forex Broker Of The Year by UK Forex Awards 2013
  • Best technical tools by BrokerChooser 2019
  • Best Customer Support by FXEmpire 2017
Are there any hidden fees to register?

It's completely free to open an individual or joint trading account, but for Corporate, Trust and Partnership accounts you will need to pay a one time fee of 300.00 CCY.
P.S. CCY is the base currency of your card.

What are the trading platforms that FCXM offers?

The most popular platforms are Trading Station and MetaTrader 4(MT4) but there are also other ones that you can use like NinjaTrader and ZuluTrade.

Is there a mobile application for FXCM?

Yes, there is. You can get the application on your App Store if you are an iPhone user or on your Play Store if you are an Android user.

Educational Program

FCXM provides education for beginner traders to start learning Forex basics by presenting trading guides that will improve your skills, a video library with dozens of helpful videos that will make your experience much easier, and live classrooms with archived webinars and upcoming ones that you can register for.

What methods are available to deposit?

You can deposit funds in your FCXM account in five ways and the processing time can vary depending on the payment processor that you deposit with;
  • Debit/Credit card (one business day or less)
  • Bank Wire (one to five business days to process depending on your country)
  • Skrill (within one business day)
  • Union Pay
  • Neteller (within one business day)
How to contact FXCM?

Customer support is available 24 hours a day, 5 days a week to answer any inquiries that you might have in the fastest way possible. You can get in touch with the company via their live web chat or via email:
General Inquiries: [email protected]
Specific Inquiries: [email protected]
If you want to call them by phone you can check the list of their international offices and free phone numbers.
 
In conclusion, the services that FXCM provides are impressive.
I'm enthusiastic about the high standard of the education center on the platform, especially the function of the demo account with which real money trading can be simulated 1 to 1.

FXCM offers transparent trading with high liquidity. The broker also acts as a liquidity provider itself and offers an institutional service. The fact that FXCM is part of a listed company also gives me a high level of trustworthiness

The spreads are accordingly low and the broker guarantees good trading conditions. With these factors, this forex broker will be able to provide successful trading service to all of its clients around the world. I highly recommend FXCM to any new or seasoned trader looking to switch Forex brokers.
 

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