Stratos Global LLC (“FXCM”) is incorporated in St Vincent and the Grenadines with company registration No. 1776 LLC 2022 and is an operating subsidiary within the Stratos group of companies. FXCM is not required to hold any financial services license or authorization in St Vincent and the Grenadines to offer its products and services. Because of the range of platforms offered by FXCM, there are options that are simple enough for beginners in addition to choices that have the features and tools experienced traders seek. The MT4 platform does not allow FXCM to include commissions in pre-trade margin calculations on client’s pending orders. You should therefore ensure that you have reserved sufficient buffer usable margin before opening new trades.
The only issue with Trading Station is that it is built on Adobe Flash, which can lead to the need for Flash updates as well as some support issues. You also cannot use the research function within the platform, requiring traders to go between the platform and a browser. To make up for this, the platform is available in your choice of 14 languages.
A Single Account. Multiple Markets.
Withdrawals via cards do not have fees, but there is a $40 fee for bank wire withdrawals. This also tends to be the quickest method, taking about 3-5 business days. The average spread for EUR/USD is 1.3, and users can view an updated list of average spreads on the “Spread Costs” page. Keep in mind that these are averages, so the spread may be higher or lower at any given point. There is no Zero or ECN account that charges a commission, so all account holders with FXCM are charged spreads.
EA разкри Star Wars Zero Company – нова тактическа стратегия от създателите на XCOM
The only downside is a lack of customization in the applications, and there is no additional security, just the login password. You can use the mobile version of MT4 or download the mobile application for Trading Station for full functionality. We value a meritocracy where the most capable people and ideas have an opportunity to succeed. To achieve this, we promote an open-door policy that ensures that both people and ideas have direct access to those who may champion their cause.
- Explore potent built-in tools such as Real Volume, Market Depth, and Trader Sentiment.
- You can use FXCM to trade forex, cryptocurrency CFDs, indices, or gold.
- There are abundant support resources online and on the FXCM website for ZuluTrade, MetaTrader 4, and NinjaTrader, as all three are used by numerous forex brokers.
- The research tools and speakers can appeal to more experienced traders.
MT4 VPS
There is a total of 39 currency pairs available with FXCM, including majors and commodity pairs. While this selection is reasonable, it is somewhat disappointing for a broker that has specialized in forex since 1999; most other forex brokers have the same number of or more pairs. That being said, FXCM does offer the forex pairs that most traders will be interested in, so only advanced and professional traders are likely to feel the lack of choices. There are also 12 indices to choose from, seven commodities, the BUND treasury fund, and one cryptocurrency CFD, BTC/USD. There are two major types of accounts offered by FXCM, Standard Accounts with minimum deposits of $50 and Premium Accounts with a minimum of $20,000. You can also open an Islamic (interest-free) account by submitting a form.
If you are looking for a reliable and trustworthy forex broker, FXCM is the perfect choice. With its global presence, award-winning customer service, and wide range of products and services, FXCM is the perfect partner for any trader. FXCM offers one of the best selections of platforms for traders to choose from. Its flagship platform, Trading Station, is available as a web, desktop, or mobile platform, or you can use MetaTrader 4, NinjaTrader, or ZuluTrade.
Our priorities are largely determined by what our clients want to trade and what additional tools they want to integrate to our platform. Our people are agile and thrive in an environment of fast changing industry trends and business conditions to meet the demands of our customers. Past experiences and newly acquired skills provide the confidence for our people to forge ahead. The mobile application is as easy to use as the web version of FXCM, which is complete with the option to bring dynamic charts to full screen for convenience.
- Some of the research tools include market news, charts, a market scanner, an economic calendar, market data signals, and trading signals.
- Our people are agile and thrive in an environment of fast changing industry trends and business conditions to meet the demands of our customers.
- Other than the issues with former U.S. clients, FXCM has not faced any other investigations or issues in recent years.
- In terms of education, FXCM offers a live classroom, trading guides, speakers, and a video library.
- Trading Station is an FXCM proprietary platform and therefore not used by other brokers.
Get free access to TradingView Platform with FXCM
Even just the proprietary platform, Trading Station, has advanced features that set it apart. FXCM will be best for beginners to intermediate traders or experienced traders who do not feel limited by its relatively low number of forex pairs. Experienced traders who think FXCM has sufficient instruments will find no shortage of tools to help them with analysis and charting. FXCM is a global leader in forex, Cryptocurrency Trading and CFD services. With offices in over 10 countries, FXCM offers its clients access to the world’s most liquid markets.
MT4 Mobile and MT4 Web are platforms created and supported by MetaQuotes Software Corp. FXCM is an independent legal entity and is not affiliated with MetaQuotes®. Now you can copy trades automatically from successful traders in real time. Whether you are a novice trader or a seasoned professional, FXCM has the tools and resources you need to succeed. Join the worldwide community of FXCM traders today and experience the difference that FXCM can make. The amount you withdraw to a debit/credit card cannot exceed the amount originally deposited.
There are enough educational tools to give beginners a head start, particularly when combined with the demo account. The research tools and speakers can appeal to more experienced traders. FXCM is one of the forex platforms with the longest histories, providing a reputation of reliability. It is regulated within multiple jurisdictions and offers users the choice of four core trading platforms plus eight specialty platforms. Apart from all those options, there are numerous advanced tools available.
Trading Station is an FXCM proprietary platform and therefore not used by other brokers. Through our dedicated global 24/5 customer support and individual client feedback, we aim to ensure that we are constantly building a better brokerage for our traders. Trading Station keeps up with the pre-loaded Marketscope, which is a free professional charting package allowing for a long list of indicators, up-to-date price alerts, and trading right from the chart. In addition to the Real Volume indicators, Trading Station from FXCM has other tools, such as those for drawing trend lines, using price overlays, and identifying Fibonacci levels.
There are dozens of other tools as well, including automated strategies. To assist with these strategies, the platform includes equity and balance charts, trade histories, detailed performance summaries, and visual representations of the trades plus a strategy optimizer. These are all best for advanced traders due to the limited information available on their use. FXCM was founded in the United States, but as of 2017, it left the U.S. market. This process involved existing holdings and U.S. clients being reorganized under Global Brokerage, a company with an ownership interest in FXCM. In late 2017, Global Brokerage filed for Chapter 11 bankruptcy, but FXCM Group is not involved.
Other than the issues with former U.S. clients, FXCM has not faced any other investigations or issues in recent years. Overall, the platform is recognized for its support of over a dozen languages, ease of use, and strong reputation. There are abundant support resources online and on the FXCM website for ZuluTrade, MetaTrader 4, and NinjaTrader, as all three are used by numerous forex brokers. You will also find plenty of support for FXCM’s Trading Station and forex trading in general in the education fxcm broker review section. This includes trading guides, speakers, a video library, and a live classroom. The proprietary Trading Station platform has intuitive functionality with easy-to-use dynamic charts.
Recente reacties