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FXCM Forex

FXCM Forex trading review by Currency trading experts, all about FXCM Forex platform, Finding out how to open free demo FXCM Forex Account, For more information about FXCM Forex Broker you can also visit FXCM review by ForexSQ.com forex trading website, The TopForexBrokers.com ratings forex brokers, or Fxstay.com currency trading investing company and get all information you need to know about the FXCM Forex Broker.

What is FXCM Forex Trading Broker

FXCM is one of the pioneering brokerages for retail international forex business.  Founded in 1999 in the United States, FXCM UK LTD opened its offices in the United Kingdom in 2003, crossed the 100,000 account threshold in 2007 and quickly became one of the top forex brokers in the world.

The broker does not offer stocks, futures or options trading, although international clients do have access to trading Contract for Difference (CFD) assets.  This primary focus on forex trading makes FXCM a superb choice for traders interested in trading predominantly foreign assets.

FXCM Forex Trading Features

FXCM’s trading platform provides one-click day trading and stop loss orders that include limit, entry and trailing stop orders.  FXCM’s trading platform includes a hedging feature available to clients using “No Dealing Desk” accounts and a Depth of Market (DOM) indicator was added to the platform in 2016 providing up to 5 levels of depth and liquidity on 17 of the most popularly traded pairs of currency. 

FXCM Forex Trading Platforms

In addition to its own proprietary trading platform, FXCM uses several platforms, including FXCM Active Trader, Trading Station Gateway, Trading Station II, Mobile Trading Station II and the well known and very popular MetaTrader 4 (MT4) trading platform that is very intuitive, user friendly and completely customization. 

FXCM Forex Trading Station

Trading Station is FXCM’s proprietary software that was created using 10 years of valuable customer feedback and trading data to formulate a functionally efficient platform to meet the needs of today’s currency traders, novice or experienced.  

Mirror Trader

For those who want more trading information and solutions, The company allows traders to use Mirror Trader, which operates flawlessly with FXCM’s trading platform to provide hundreds of professionally designed trading strategies that investors can copy (or “mirror) with no additional maintenance or performance fees.    

Ninja Trader

Ninja Trader provides traders with advanced charting features, market analyses and trading strategies.  Zulu Trade enables traders to automatically copy or mirror other people’s trades, which enables newbies to rely on the knowledge and expertise of more seasoned traders, reduces research time and completely eliminates emotional factors often involved with trading financial assets.

FXCM Forex MT4 Download

The FXCM trading platform has been upgraded to allow flawless integration of the very popular MT4 trading platform.  The upgrade added more features to enhance clients’ MT4 trading activities, including eliminating third party bridges and account syncingthe ability to set Stop Loss and Take Profit (SLTP) orders while opening a new trade, no trade restrictions with NDD Execution, scalping and all other strategies are permitted with NDD execution, allows for partial closing of orders and eliminates restrictions on placing SLTP or Pending Orders.

FXCM Forex App

The FXCM Apps is free for both Android and IOS, You can download the FXCM App for Android from Google Play and download FXCM App for iPhone from Apple app store.

FXCM Forex Account Types 

FXCM offers 3 types of trading accounts to its clients, which are Standard, Mini and Active trader accounts. The brokerage also offers traders a free demo trading account which is available for up to 30 days and comes with $50,000 of virtual money for practicing trading on the market platform. 

Standard Accounts

The Standard account is ideal for experienced traders who want to leverage all the advantages of currency trading.  An initial deposit of $10.000 is required to open a standard account which offers spreads as low as 0.5% and access to FXCM’s entire catalog of approximately 39 popular currency pairs (including exotics and crosses).  Standard accounts offer leverage of up to 1:200 for non US clients and 50:1 for US based traders, as well as access to DOM data.  

Mini Accounts

The Mini account requires a minimum deposit of $50with lot sizes of $1,000 and access to 21 pairs of the most popularly traded currency pairs, including the EUR/USD. Mini accounts include free trading services like “Client-Only Trading Signals” to assist traders with learning the market and improving trading strategies.

Active Trader

The Active Trader account requires a minimum $25,000 deposit and includes the acclaimed “No Dealing Desk Execution” feature, as well as elite pricing for higher volume trading that saves up to 50% on trading costs.  No Dealing Desk Execution is a model created by FXCM with asset pricing data initiated by its liquidity providers that include financial institutions, global banks, prime brokerages and others who provide financial assets for trade with no markups.

FXCM Forex Demo Account

When clients open an online trading account, they are able to use a free FXCM demo account for up to 30 days that comes loaded with $50,000 of virtual money for traders to use for practicing currency trading before actually risking real money in a real world trading market.

FXCM Forex Minimum Deposit

The FXCM Minimum Deposit for Mini account is $50, Standard Account is $10.000 and minium deposit for FXCM ActiveTrader accounts is $25.000.

FXCM Forex Spreads

With some accounts (spread betting and Mini accounts), you pay only the spread to trade forex. So you never have to anticipate commissions down the road. With spreads-only trading, your platform calculates your transaction costs automatically using this formula:

( Spread ) x ( Pip Cost ) x ( Number of Lots Traded ) = Total Cost

FXCM Forex Commissions

On FXCM low-spreads-plus-commissions accounts (Standard and Active Trader CFD trading accounts), FXCM charges competitive commissions to trade forex. Commissions are based on instrument and trade size, and start as little as £0.03 per 1K lot.

With spreads-plus-commissions trading, your platform calculates your transaction costs automatically using this formula:

( Reduced Spread ) x ( Pip Cost ) x ( Number of Lots Traded ) + ( Round-Turn Commissions ) = Total Cost

FXCM Forex Login

For login to FXCM broker you can visit the broker website, After sign up you can check your email and do FXCM login.

FXCM Forex Leverage

The FXCM UK leverage starts from 1:1 up to maximum 1:200, However the broker provides high leverage trading but if you are a newbie forex trader then avoid to use high leverage as it will increase to lose all of your capital.

FXCM Forex Margin Requirements

FXCM margin requirements is fixed, The amount of margin that you are required with FXCM to put up for each currency pair varies by the leverage. For example, If you use 50:1 leverage then you may be required to put up €200 to hold a €10,000 position.

FXCM Forex Review Conclusion

For more information about FXCM Forex Broker you can also visit FXCM review by ForexSQ forex trading website in daily base.

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FXCM Account

FXCM Account types review by forex trading experts, all about FXCM Account opening, Finding out how to do FXCM Account login, For more information about FXCM Broker you can also visit FXCM review by ForexSQ.com forex trading website, The TopForexBrokers.com ratings forex brokers, or Fxstay.com currency trading investing company and get all information you need to know about the FXCM Forex Broker.

FXCM Account Types 

FXCM offers 3 types of trading accounts to its clients, which are Standard, Mini and Active trader accounts. The brokerage also offers traders a free demo trading account which is available for up to 30 days and comes with $50,000 of virtual money for practicing trading on the market platform. 

Standard FXCM Accounts

The Standard account is ideal for experienced traders who want to leverage all the advantages of currency trading.  An initial deposit of $5000 is required to open a standard account which offers spreads as low as 0.5% and access to FXCM’s entire catalog of approximately 39 popular currency pairs (including exotics and crosses).  Standard forex accounts offer leverage of up to 1:200 for non US clients and 50:1 for US based traders, as well as access to DOM data.  

Mini FXCM Accounts

The Mini account requires a minimum deposit of $50,000 with lot sizes of $1,000 and access to 21 pairs of the most popularly traded currency pairs, including the EUR/USD. Mini accounts include free trading services like “Client-Only Trading Signals” to assist traders with learning the market and improving trading strategies.  Exclusive to the FXCM Mini account is a monthly contest that awards lucky winning traders with $10,000 in prize money.  

Active Trader FXCM Account

The FXCM Active Trader account requires a minimum $25,000 deposit and includes the acclaimed “No Dealing Desk Execution” feature, as well as elite pricing for higher volume trading that saves up to 50% on trading costs.  No Dealing Desk Execution is a model created by FXCM with asset pricing data initiated by its liquidity providers that include financial institutions, global banks, prime brokerages and others who provide financial assets for trade with no markups.  In the case of clients of certain intermediaries, sometimes trades are subject to a markup.  This enables traders to trade on currency rates provided directly by those liquidity-providing financial institutions, which enables FXCM to offer low variable spreads on major currency pairs and promotes efficiency and market pricing competition.  

Active Trader accounts allow investors to observe the flow of FXCM activities and exploit lower spreads in exchange for smaller commissions.  Traders are also able to view up to 10 levels of DOM data that enables identification of possible support or resistance issues and gives the trader a huge advantage during market analyses and trade execution.  

Active Trader account holders also enjoy dedicated customer support services provided by an account relationship Manager and expert backup office team of professional traders, financial analysts and advisors. 

Demo FXCM Account

When clients open an online trading account, they are able to use a free FXCM demo account for up to 30 days that comes loaded with $50,000 of virtual money for traders to use for practicing currency trading before actually risking real money in a real world trading market.

PAMM FXCM Account

The FXCM broker also offers PAMM Accounts for traders who want to trade in certain markets but have little experience with which to research, formulate and place successful trades.  FXCM PAMM Accounts are managed by professional investors who usually have expertise in the fields of finance, marketing or other related fields.  

FXCM Account Types review

For more information about FXCM Broker you can also visit FXCM review by ForexSQ forex trading website in daily base.