User Reviews
Nice mobile implementations for iOS.
"I really like their iPad app, which I use mostly to trade. The charts are customizable and learning curve is short. I also use and like their Java Mac version."
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"I have been a loyal FXCM trader for oevr a year and oevrall I was pretty content (even though there were some shady practices such as giving me alimit price of 100 pips when gap up in my favor occured at 190 pips while two days later stopping me out at a full gap up price of 90 pips while my stop Read more...
FXCM app is really a great help to still be able to get my feel for the market and trade no matter where I am. A simple and easy to use platform that links all charts to 3 separate websites with good execution and the money is processed very fast without issues. Service could use a little work thoug Read more...
It's also worth noting they were fined in 2014 by the Financial Conduct Authority for withholding profits of £6 million from UK clients and failing to tell the FCA that the US authorities are investigating another part of FXCM for the same misconduct. http://www.fca.org.uk/news/fca-fines-fxcm-uk-4 Read more...
One of the worst and unfortunately the biggest forex broker. Trades against clients and spreads blow out to take you out. They got sued for passing bad slippage to clients and pocketing the good slippage. Just avoid forex all together.
"I really like their iPad app, which I use mostly to trade. The charts are customizable and learning curve is short. I also use and like their Java Mac version."
"Trades are filled just fine, unless your trade around news which is consistent with all of the other brokers that I've used. Money is processed very fast and without issue. Overall if you want something that's just ""OK"", then FXCM will tick that box."
tendency to blow out spreads up to 100 pips - they are dealing against you - you will lose
FXCM was exactly what you would expect out of a huge broker/dealer. Their softwares were good and their mobile trading was great but they definitely didn't care about you as a person or your success. I had a couple bad fills that happened away from the bid/ask and they basically told me that's the Read more...
"FXCM has a class action suit against them for allegedly systematically bilking clients out of their account money through an elaborate scheme of fraudulent tricks. Please read the full details at the below link. The original legal document is also available to download. Comments on the below page s Read more...
So I decided to test out my stock strategies on the charts of different currency pairs. Took about 15 minutes to open an account, sign a crap load of disclosures, and finally got it funded. Started very small to test the waters (FXCM Micro accounts only need a $25 deposit), after 2-3 days the mone Read more...
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