This FXCM review was conducted by the team of www.Forextrading.biz for those who want to know about the FXCM UK broker. You will know about FXCM trading station and how to... more" />

FXCM Review

This FXCM review was conducted by the team of www.Forextrading.biz for those who want to know about the FXCM UK broker. You will know about FXCM trading station and how to open free FXCM demo account in this FXCM reviews.

FXCM Review By ForexTrading.Biz

FXCM Holdings, LLC, at present known as the FXCM Group, was recorded among the wildest growing companies by Inc. 500 List of America’s Fastest Increasing Companies 3 years in a row. The headquarters of FXCM Group is in New York, with offices around the world in places such as the Japan, U.K., France, Hong Kong, Australia and Italy. It is licensed and regulated in each of them. The broker is also an openly traded company on the Nasdaq Exchange.

FXCM Trading Accounts

FXCM offers several account types intended for expert traders as well as for those who are new to the FOREX marketplace. The standard 100K account is perfect for expert traders wishing to leverage the complete advantages of FX trading. Opening a standard account needs an initial deposit of $2,000, and provides 50:1 leverage for US-based traders and leverages of up to 1:200* for all brokers who are outside of the United States.

The standard account at FXCM essentials a minimum deposit of 2,000 USD.

The broker also provides a training account, which is presented for 30 days and loaded with $50,000 demo money. The Platforms for all account types are equal, though a separate username and password essentials to be used for each kind of account.

The benefit of Trading Forex online is having the prospect to deal with no Dealing Desk. By this option, traders mainly trade on rates provided openly by the banks, which permits the broker to provide low variable spreads. Typical spreads for the broker traders are 3.1 pips for GBP/USD and 2.6 pips for EUR/USD, with equally competitive spreads for other main currency pairs.

Trading Platforms and Features

In addition to its exclusive platform, The broker uses the prevalent MT4 trading platform. The environment is instinctive and user friendly to use, and can be modified according to the users preferences. The products presented are stop loss & take profit, day trading, as well as entry orders and trailing stop / limit orders. A hedging feature is presented in No Dealing Desk accounts for customers of FXCM UK. In late 2016 the broker moreover added a DOM indicator, permitting “no dealing desk” customers to see up to 5 levels of depth and liquidity for 17 of the most traded currency pairs.  The “At Best” feature, small for At Best Price, allows being filled at the best rate streamed to the broker at that moment from all financial institutions and international banks they work with. This feature, as different to the standard “At Market Range”, avoids situations in which the price you planned to make the order at has expired.

The broker at this time provides the FXCM App Store which is a developed and professional trading app for the MT4 platform. The broker is nowadays providing $225 worth of apps for free while you open a live account and deposit as a minimum of $2000. Some apps comprised are- Breakout2, Automatic Trend lines Indicator and 24 Hour Trend Locators. These apps will make your life simpler and more fun when you’re on the go. There are also recurrently free apps provided in their App Store such as indicators, Forex news, various utilities for your trading and more.

Analysis data and Charting tools are presented either from a website, outside to the trading platform, or can be added on to the platform by means of plug-ins, which essential to be downloaded as well.

The broker now provides a toolbar to be downloaded to your browser, which delivers immediate access to FOREX market news and currency rates, and allows setting alerts for when the marketplace reaches desired rates. The brokerage also provides free mobile Forex trading through apps for most smartphones and its new Android tablet and iPad application.

The broker offers 24/7 customer support, containing during the weekends while the market is closed. A Multi-lingual staff talking over 20 languages is always available, through International toll frees calls, e-mail and chat. VIP support is presented to Gold accounts trading with over 25,000 dollars. The FXCM review page at “ForexSQ” include all information about the broker trading platform.

There are a few tools presented to you if you are just getting to know the market and FX Trading position. Manuals for using FX Trading Station are presented in several formats, as well as walk through videos that deliver an overview of the platform’s foremost features. A support illustrative will introduce you to the system either phone or through chat. To become familiar with the FOREX market, The broker provides premium resources and educational courses to help traders acquaint themselves with the markets, as well as an online “Power Course” is presented for 19.99 dollars.

Conclusion of FXCM UK Review

If you want to open free FXCM demo account you can visit “TopForexBrokers.comFXCM broker review page. Forex traders who are considering for a bit of additional support can also take advantage of the web-based Mirror Trader which runs perfectly with the broker, permitting traders to automatically copy others in the expectations of increasing their profits, Wikipedia says. You can download FXCM broker Google Android app or iTunes IOS application for mobile trading.

The broker is a strong and large company, with a large international user base, large financial assets and high liquidity. This allows them to provide attractive rates, innovative features and tools, and high standards of customer support. We trust that these all make the broker the best choice for Forex traders at all levels, no matter where they be present in.

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