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FXCM

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FXCM
www.fxcm.com
Published by admin
21-02-2009
Default FXCM

You can view reviews and rate this broker below, (FXCM) from 0 to 5.

(0 is the worst rating, 5 is the best rating)
Member rating
Spread / Commission
60%60%60%
3.00
Execution Speed
71.2%71.2%71.2%
3.56
Deposit / Withdrawal
75%75%75%
3.75
Customer Service
66.6%66.6%66.6%
3.33
Scalping Policy
54.2%54.2%54.2%
2.71
EA Compatibility
47.6%47.6%47.6%
2.38
9 users rated 62% average
  #1  
By upwards on 12-03-2009, 14:40
Member reviews
Spread / Commission
60%60%60%
3
Execution Speed
100%100%100%
5
Deposit / Withdrawal
80%80%80%
4
Customer Service
100%100%100%
5
Scalping Policy
80%80%80%
4
EA Compatibility
100%100%100%
5
Average 87%
Default

Good broker, happy with their service. My friend personally recommends FXCM (I traded for a few days on his account).

I'll be opening an account with them in a few weeks time.
Last edited by upwards; 12-03-2009 at 14:42..
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  #2  
By bernbeach on 27-04-2009, 12:27
Member reviews
Spread / Commission
40%40%40%
2
Execution Speed
80%80%80%
4
Deposit / WithdrawalN/A
Customer Service
80%80%80%
4
Scalping PolicyN/A
EA Compatibility
60%60%60%
3
Average 65%
Default FXCM

Excellent. Spread/Rates are not competitive. Too expensive
Bern
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  #3  
By bernbeach on 27-04-2009, 12:29
Member reviews
Spread / Commission
40%40%40%
2
Execution Speed
80%80%80%
4
Deposit / WithdrawalN/A
Customer Service
80%80%80%
4
Scalping PolicyN/A
EA Compatibility
60%60%60%
3
Average 65%
Default recommendable broker

:) As I mentioned: very good except the spreads
Bern
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  #4  
By dave on 26-08-2009, 00:46
Member reviews
Spread / Commission
100%100%100%
5
Execution Speed
100%100%100%
5
Deposit / Withdrawal
40%40%40%
2
Customer Service
60%60%60%
3
Scalping Policy
80%80%80%
4
EA Compatibility
40%40%40%
2
Average 70%
Default

using fxcm for 2 years and I never had any problem



trader dave
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  #5  
By C1jake on 14-09-2009, 01:20
Member reviews
Spread / Commission
80%80%80%
4
Execution Speed
100%100%100%
5
Deposit / Withdrawal
100%100%100%
5
Customer Service
60%60%60%
3
Scalping Policy
80%80%80%
4
EA Compatibility
20%20%20%
1
Average 73%
Default FXCM Micro

Just my 2 cents but no problems with FXCM's micro trading platform.
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  #6  
By forexwonder on 13-10-2009, 02:19
Default

I'll be using this broker with micro account and will update.
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  #7  
By cpsuperb on 06-11-2009, 01:19
Default

i hv been using FXCM micro, very good... other FXCM account, spreads are expensive
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  #8  
By padman on 06-11-2009, 07:45
Member reviews
Spread / Commission
0%0%0%
0
Execution Speed
0%0%0%
0
Deposit / Withdrawal
0%0%0%
0
Customer Service
0%0%0%
0
Scalping Policy
0%0%0%
0
EA Compatibility
0%0%0%
0
Average 0%
Default

Swap charges so I am told are very high compared to other brokers. I had a demo account to check this but they never put swap charges on my demo account. I emailed asking why and NEVER got a answer :(
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  #9  
By pipchaser on 07-11-2009, 15:50
Member reviews
Spread / Commission
40%40%40%
2
Execution Speed
80%80%80%
4
Deposit / Withdrawal
100%100%100%
5
Customer Service
40%40%40%
2
Scalping PolicyN/A
EA CompatibilityN/A
Average 65%
Default FXCM problems

I have been using FXCM micro for about two years,,went with their UK subsidary firm to alleviate the new NFA FIFO rule...I have 3 occasions wher my order was stopped out when the actual price wasn't even close. The live chat rep always indicated it was due to the spread, the last order (11/4/09) the price never came within 20 pips of my SL or 10 pip trailing SL, so I will be closing the account and trying MBtrading mt4..
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  #10  
By Jason Rogers on 14-12-2009, 20:24
Default

Quote:
Originally Posted by padman View Post
Swap charges so I am told are very high compared to other brokers. I had a demo account to check this but they never put swap charges on my demo account. I emailed asking why and NEVER got a answer :(

You can see the swap/rollover amounts in the demo. It's listed in the dealing rates window. Please see the amounts listed under RollS and RollB. It will show you the amount of swap/rollover earned or payed when selling (RollS) and buying (RollB).
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  #11  
By southside on 15-12-2009, 20:50
Member reviews
Spread / Commission
80%80%80%
4
Execution Speed
80%80%80%
4
Deposit / Withdrawal
80%80%80%
4
Customer Service
60%60%60%
3
Scalping Policy
60%60%60%
3
EA Compatibility
60%60%60%
3
Average 70%
Default So Far so Good

I have been with the for a little over two months, and am happy with them so far.
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  #12  
By C1jake on 15-01-2010, 01:02
Member reviews
Spread / Commission
80%80%80%
4
Execution Speed
100%100%100%
5
Deposit / Withdrawal
100%100%100%
5
Customer Service
60%60%60%
3
Scalping Policy
80%80%80%
4
EA Compatibility
20%20%20%
1
Average 73%
Default fxcm

Great spreads on micro acct and have had no problems
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  #13  
By premierpips on 16-04-2010, 05:53
Member reviews
Spread / Commission
40%40%40%
2
Execution Speed
0%0%0%
0
Deposit / Withdrawal
100%100%100%
5
Customer Service
100%100%100%
5
Scalping Policy
0%0%0%
0
EA Compatibility
0%0%0%
0
Average 40%
Default

I've had slippages of over 70 pips on their mt4 platform and execution delays of over 2-3 minutes. when i raised an issue with their support, they responded immediately but resolution of the issues took over a month. FXCM accepted over email that there was a problem with their MT4 feed and platform. ultimately all problematic trades were reversed and i've closed the account.

the interesting part is that the FXCM representative said that their MT4 platform operates as an MM and recommended that I switch to their Trade Station platform which offers STP. But I donot like TS, hence decided to look for other brokers.

Overall, FXCM's customer support is great, but actual execution drags them down. After all for traders, execution is primary. You wouldn't want to raise issues with support all the time.

My account was a standard live account.
Last edited by premierpips; 16-04-2010 at 05:56..
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  #14  
By davidvictoria on 08-10-2013, 19:20
Default Re: FXCM

They are very genuine broker and I hadnít found any problem with them. They have low spreads, nice leverage, multiple account options according to your need.
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  #15  
By baldwinbarrett on 25-10-2013, 18:07
Member reviews
Spread / Commission
100%100%100%
5
Execution Speed
100%100%100%
5
Deposit / Withdrawal
100%100%100%
5
Customer Service
100%100%100%
5
Scalping Policy
80%80%80%
4
EA Compatibility
100%100%100%
5
Average 97%
Default Re: FXCM

Good broker, happy with service. I am personally recommends FXCM.Great Trader.
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