FXCM – Review 2022
FXCM is a leading provider of online currency trading, CFDs, and related services. They are specializes in providing market access to retail and professional traders. Founded in 1999 with head office in London. Since January 2015 Leucadia Investments, who is part of the merchant banking division of Jefferies Financial Group. (NYSE: JEF), became the majority owner. They have subsidiaries in several countries including Australia and South Africa, they also have an offices network in different cities around the world such as Berlin and Sydney.
Type of broker
Why trade with FXCM?
Forex Capital Markets (FXCM) is an award-winning broker that has gained acknowledgement throughout the industry. It has a long list of awards and recognitions for its performance as a broker and services related to trading.
The FXCM group has companies registered and regulated by many of the most respected regulatory organizations in the world. It is authorized and regulated by the FCA – Financial Conduct Authority of the United Kingdom, although its subsidiaries are also regulated in accordance with the requirements of the countries where they are located, such as South Africa and Australia. It offers Spread Betting, CFD and Forex Trading accounts in various markets, including Forex, Share CFD, Indices CFD, Commodity CFD and Cryptos on its different platforms, Trading Station, MetaTrader 4 and NinjaTrader among others.
It operates with a significant number of client accounts which can select from various types of accounts, and access to very competitive spreads on different instruments. Trading is commission free on almost all types of accounts. Deposits and withdrawals can be made through a variety of payment methods which facilitates the operation. It has excellent business functions easily adaptable to all types of traders. All this makes them a competitive offer with low negotiation costs and wide accessibility to the market.
DEMO accounts are also available and are very useful for beginning traders, in addition they offer a large number of educational materials and resources as well as research. Among them you can find market analysis, news, seminars, guides, among others. In short, it is a very competitive offer for traders who want to invest with currencies and CFDs whether they are beginners or professionals.
Regulation: FCA (UK), ASIC (AU), CySEC (CY), JSC (JO), EFSA (EE)
Regulation: FCA (UK), ASIC (AU), SySEC (CY), FSAS (SC)
Regulation: FCA (UK), CSSF (LU), SCB (BS)
Regulation: FCA, SySEC, FSCA, FSC
Regulation: CFTC, NFA, IIROC, FCA, MAS, ASIC, MFSA, FSC
Regulation: CFTC, NFA, FCA, MAS, BaFin, ASIC, BMA
Regulation: CFTC, NFA, FCA, CIMA, SySEC, FSA, ASIC, IIROC