Company Name: Forex Capital Markets, LLC (FXCM)
FXCM -Online Currency Trading Free $50,000 Practice Account
Website Address: http://www.fxcm.com
Year of company's foundation: 1999
Year of company's forex division foundation: 1999
Description: Founded in 1999, FXCM is one of the largest and most financially strong forex brokers.
Regulated by: CFTC (US), NFA Member (US), FSA (UK), SFC (HK), ASIC (AUS), FSA/CECEI (France), DMCC (Dubai), CONSOB (Italy), BaFin (Germany).
Client base: Over 150,000 live accounts trade through platforms offered by FXCM.
Leverage: 200:1*
* Without proper risk management, this high degree of leverage can lead to large losses as well as gains.
Commissions: Bid /Ask Spread Standard accounts AND Lower Commissions For High-Volume Traders with Active Trader accounts
Pip spread on majors: As low as 1 pip (View spreads)
Business Nature: NDD**/STP
Standard Trading Account: Yes
Minimum account size for Regular Account: $2,000
Mini Trading Account: Yes
Minimum account size for Mini Account: $25
Micro Trading Account: Yes
Minimum account size for Micro Account: $25
Services: FXCM specializes in self-traded forex accounts with options available for all levels of trading experience. Micro accounts begin at only $25 and offer 1K lot sizes. Benefits include trading directly from Charts, Positive Rolls at All Margin Levels, Up to 200:1 Leverage and free access to real-time proprietary trading signals. Non-USD denominated accounts are available. Please keep in mind that without proper risk management, this high degree of leverage can lead to large losses as well as gains.
FXCM Gold Account, FXCM Managed Account, System Selector,..)
Languages: English, Arabic, Chinese, Farsi, French, German, Hebrew, Italian, Japanese, Korean, Portuguese, Russian, Spanish
Self Trading Forex Accounts
- Standard Forex Account: 10k lot sizes with no re-quote trading. (for all countries)
- Micro Account: Entry level product for traders to explore and learn the forex market. Can be opened with as little as $25 and can trade $1 K lot sizes. (for all countries)
- MetaTrader 4: Free VPS hosting, faster order execution speed and no re-quotes and all EAs (including scalping EAs). (not traded in the U.S.)
- Active Trader Account: Lower commissions for high-volume traders with a No Dealing Desk execution. Up to 10 levels of market depth and has a Web-based trading platform. (for all countries)
- CFD Account: Trade Oil, Gold, Silver and Stock Indices. (not traded in the U.S.)
- Spread Betting Account: No re-quotes, never pay debit balance and no capital gains taxes for UK residents. (not traded in the U.S.)
- Mobile TSII Trading Platform: Trade forex and CFD with your phone, access charts and monitor streaming prices with no re-quote trading on global indices. (for all countries, no CFD in U.S.)
24 Hour trading: Yes
Free demo accounts: Micro , Standard , Active Trader , CFD , Spread Bet , Forex System Selector , MT4
Live support chat: Yes at http://www.fxcm.com
Education Programs: Forex Trading Education - FX Power Course/ Trading the Majors/ Day Trading Course
Headquarters: Financial Square 32 Old Slip, New York, NY 10005.
Country: United States
Phone: +1.212.897.7660
Fax: +1.212.897.7669
E-mail: info@fxcm.com
Toll Free Phone (U.S.): 1 888 50 FOREX (36739)
Toll-free (International): Find Number
* Please note FXCM Micro in its discretion may or may not offset individual transactions unlike transactions in most FXCM Standard accounts.
Risk Warning: Currency trading involves substantial risk of loss, read full disclosure. |
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