FXCM
FXCM, also known as Forex Capital Markets, is a retail foreign exchange broker. It allows people to speculate on the foreign exchange market and provides trading in co...
Tags:Forex BrokerBasic Information
Full Company Name: Forex Capital Markets Limited (FXCM)
Country: United Kingdom
Founded: 1999
Minimum Deposit: $50
Trading Platforms: MetaTrader 4 (MT4), Trading Station, NinjaTrader
Minimum Trade Size: 0.01 lots
Business Model: No Dealing Desk (NDD)
Deposit Methods: Supports multiple funding options, including credit cards, debit cards, bank wire transfers, and e-wallets (such as Skrill, Neteller)
Server Time Zone: GMT+2 (Daylight Saving Time applicable)
Email: [email protected]
Phone: +44 (0)20 7398 4050
Headquarters Address: 20 Gresham Street, 4th Floor, London, EC2V 7JE, United Kingdom
Regulatory Information
- Financial Conduct Authority (FCA)
- License Number: 217689
- Regulatory Details: Forex Capital Markets Limited is regulated by the FCA, ensuring its operations comply with UK financial regulations.
- Australian Securities and Investments Commission (ASIC)
- License Number: 309763
- Regulatory Details: FXCM Australia Pty. Limited is regulated by ASIC, ensuring its operations in the Australian market are legal and compliant.
- Financial Services Agency (FSA) Japan
- License Number: 157
- Regulatory Details: FXCM Japan Securities Co., Ltd. is regulated by the FSA, ensuring its operations in Japan comply with local financial regulations.
Account Types
| Account Type | Standard Account | Active Trader Account | Professional Account |
|---|---|---|---|
| Minimum Deposit | $50 | $25,000 | Varies |
| Spreads | From 1.3 pips | From 0.2 pips | From 0.2 pips |
| Commission | None | $3 per $100,000 traded | $3 per $100,000 traded |
| Tradable Instruments | Forex, Commodities, Indices, Cryptocurrencies | Forex, Commodities, Indices, Cryptocurrencies | Forex, Commodities, Indices, Cryptocurrencies |
| Trading Platforms | MT4, Trading Station, NinjaTrader | MT4, Trading Station, NinjaTrader | MT4, Trading Station, NinjaTrader |
| Leverage | Up to 1:30 (retail clients) | Up to 1:100 | Up to 1:100 |
| Order Execution | Market Execution | Market Execution | Market Execution |
| Swap-Free Option | Not available | Not available | Not available |
| Hedging Margin | 50% | 50% | 50% |
| Margin Call Level | 100% | 100% | 100% |
| Stop-Out Level | 50% | 50% | 50% |
| Minimum Trade Lot Size | 0.01 lots | 0.01 lots | 0.01 lots |
| Maximum Trade Lot Size | No limit | No limit | No limit |
| Maximum Number of Positions | No limit | No limit | No limit |
