- Min Deposit $100 or equivalent
- 2,000+ Tradable Assets
- Max Leverage: 30:1 , 300:1 professional clients
- Official Partner Atlético de Madrid
FXCM (Foreign Capital Markets) is an online trading platform for the foreign exchange market, commodities such as crude oil and gold, as well as CFDs on major indices. It was founded in 1999 in Ney York and it operated under the name Leucadia National Corporation until 2018. Today it sits under the FXCM Group, it’s owned by Jefferies Financial Group and it’s based in London.
CFD trading fees are low on FXCM. E.g., for a $1,000 long position held for a week, the fees are:
|S&P 500 index CFD fee||Europe 50 index CFD fee||Apple CFD fee|
Forex trading fees are high on FXCM. E.g., for a $10,000 30:1 long position held for a week, the fees are:
|Account Fee||Deposit Fee||Withdrawal Fee||Inactivity Fee|
|$0||$0||$0 for credit/debit cards, but $40 for bank transfers||$50 per year after one year of inactivity|
Your FXCM account can be in one of these 4 currencies: GBP, USD, EUR or CHF.
FXCM charges withdrawal fees on bank transfers. The actual amount depends on when the country where the account is based.
|Bank transfer||$25 in the UK and US and $40 outside the UK or US||€15 in the UK, France, Germany and Italy and €30 outside those countries.||£15 in the UK and £30 outside the UK|
|Credit/Debit card & Electronic wallets||None||None||None|
You can easily open an FXCM account online, using your email address. Then you get two options: you can either try out the platform using play money with a demo account or you can start trading directly with a live account. Once you deposit funds, you’ll need to verify your identity by uploading a copy of your passport or ID and your residency by uploading a copy of a utility bill or bank statement. The whole process should take about a day.
The FXCM platform is multilingual with 16 languages: Arabic, Chinese, English, French, German, Greek, Hebrew, Hungarian, Italian, Japanese, Korean, Polish, Portuguese, Russian, Spanish, Turkish.back to menu ↑
FXCM offers free forex trading signals with all live accounts and you can also benefit from them during the free 14-day trial. FXCM’s forex trading signals apply to 39 currency pairs.back to menu ↑
FXCM offers customer support over live chat and email, the agents are quick to respond and knowledgeable. There’s also a phone support service which is available in 42 countries.back to menu ↑
|Financial Conduct Authority (FCA)||217689||Forex Capital Markets Limited|
|Australian Securities and Investments Commission (ASIC)||309763||FXCM Australia Pty|
|Financial Sector Conduct Authority of South Africa (FSCA)||46534||FXCM South Africa (PTY) LTD|