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 |
Relevant Navigation
PhillipCapital is a global financial institution with a presence in 15 countries. It offers a wide range of services including broking in securities, futures and foreign exchange, commodities, contract for difference, securities borrowing and lending, funds management, exchange traded funds, unit trusts, banking, insurance, private equity, research, corporate finance, property, factoring, leasing and commercial lending.
