FXCM UK

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Founded: 1999
License: ASIC, FCA
Markets: Currencies, Metals, Energies, Indices
Instruments: CFDs, Spread Betting
Trading platform: MT4, Trading Station
Min deposit: $50
Leverage: 1:200
About:

FXCM LLC is a well-recognized and registered Futures Commission Merchant (FCM) and Retail Foreign Exchange Dealer (RFED) and a member of National Futures Association (NFA). As one of the leading providers of Forex trading and related services, FX CM became the first FX broker listed on the New York Stock Exchange. Founded in 1999, FXCM Forex broker has been continuously improving its services.

FXCM has an impressive network of Forex liquidity providers, including major financial institutions and banks, prime brokers, etc. Therefore, FXCM FX broker is capable of offering competitive spreads on currency pairs. FXCM traders note quick execution of all orders and appreciate prices the company offers. Most of expert FXCM reviews highlight the company's transparency in all fields whether it is product line, customer service or partnership.

FXCM has representative offices across the globe, including the US, Hong Kong, Italy, Germany, Japan, Australia and FXCM UK. With affiliates located in large financial centers of the world the company provides Forex traders with exceptional products and services.

FXCM offers a wide range of platforms to meet requirements of traders of different levels. Clients can choose between Trading station platforms (web, mobile and desktop) and 3d Party platforms (FXCM Metatrader, Mirrortrader, Zulutrade and Ninjatrader). FXCM MT4 is an upgraded version of the most popular trading platform – it is integrated seamlessly with No dealing Desk FX execution. However, traders have an option to try out a risk-free demo account to verify platforms' functionality and work out their trading strategy.

Other important benefits are:

— Financial standards (FCMs are required to meet financial standards and submit financial reports)
— Transparency of business practices (NFA follows formal proceedings against FCMs; so traders can easily find out whether a broker has problems with regulators or clients)
— In case of dispute with FCM, investors can appeal to the NFA or the CFTC for problem-solving.

FXCM broker is the winner of numerous awards, including “2013 Best Retail Broker Northern America” from Global Financial Market Review; “2013 Customer Service”, “2013 Overall Clients Satisfaction”and “2013 Online Education Materials” from Investment Trends; “2013 Best Sell-Side Analysis Contributor: DailyFX” from FX Street and many others.

Location: UK
* - Our website does not bear any responsibility for erros in the provided information. Please visit the official website of a considered broker to get the most recent data on trading conditions.
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Last reviews
19.02.2014 Robert

Ive worked with lots of brokers and FXCM is really cool: 1) nice, user-friendly website; 2) profess... onal customer support; 3) withdrawal procedure easy and effective though takes a few days; 4) in most cases I get price improvement, which is very nice
Their NDD spreads are wider though, but execution is worth it, plus very often spreads are compensated through price improvement.
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