FXCM Review: Pros, Cons, And How It Compares | 2023 Update
This FXCM review has been updated for 2023 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about FXCM to give you the most comprehensive guide available.
FXCM is a leading broker that was founded in 1999. They have around 219 staff that help the company provide Financial Markets Access, to 10,000+ clients through MT4, Mirror Trader, Web Trader, NinjaTrader, Tablet & Mobile apps.
FXCM Guide – Read our In-Depth FXCM Review
FXCM Rating: 6.18 / 10
This FXCM review page contains information about investing with FXCM. It is intended for educational purposes only and should never be considered financial advice. comparebrokers.org is not a brokerage or advisory service. We do not recommend or advise that investors buy or sell securities or stocks.
All of the information about the brokers you see reviewed on comparebrokers.org come from our partners, some of whom we have an affiliate relationship with. These partners do not control the content on the page beyond providing us with datapoints to ensure that (as far as possible) the information in our database is accurate. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to their users. Our proprietary rating algorithm takes all of the datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones for their needs.
Please note that due to regulations, the content in this review of FXCM does not apply to users in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
This FXCM review contains the most recent information about FXCM.
If you're a new entrant in the world of online trading and brokerages, so many details will no doubt be perplexing for you. Getting into the world of trading online demands expert analytical skills and thorough understanding. You will get proficient at all the concepts of online trading and brokers as you keep trading. For starters, you have to choose the ideal agent who'll consistently be transparent with you.
In this fast-paced universe of financial markets and online trading, you will need guidance to make sensible decisions. A professionally lead investment online broker could assist you in minimising any potential losses and maximising any profits. FXCM is one such broker that will assist you. It is important that you learn all you can about any broker before you trust them with your money.
FXCM Guide for 2023 – Brief Summary
| FXCM Telephone: | |
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| FXCM Address: | |
| Year Founded: | 1999 |
| Regulated By: | Financial Conduct Authority (FCA) |
| Hedquarters: | United States |
| Minimum Deposit: | $1 |
| Number Of Clients: | 10,000+ FXCM users and traders |
| FXCM LinkedIn: | |
| FXCM Facebook: | |
| FXCM Facebook Likes: | 0 |
| FXCM Twitter: | @ |
| FXCM Twitter Followers: | 0 |
| FXCM Instagram: | |
| FXCM Instagram Followers: | 0 |
| FXCM Youtube: | |
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Losses can exceed deposits |
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Our full FXCM review for beginners covers all you will need to learn about trading with FXCM. A good agent can take your first investments and help to protect it from losses but also give you a platform that can help to provide you positive profits. If you would like to earn profits, you must trade with a broker service that contrasts with your investment objectives.
Of course, there's absolutely no sure-fire way to guarantee profits; therefore, you must carefully assess your agent before you choose them. It is a frequent misconception that all agents are the same, but that is not true. Wrong judgment, initially, can set your investments at risk.
FXCM is a trading partner that has forged its way successfully to the brokerage world. In this review, we've attempted to collate a number of the vital facets of FXCM. This guide will help you to learn whether FXCM is a great match for your own investments or not. We've tried to breakdown all of the features and fees for your advantage.
Who are FXCM?
FXCM is a online trading broker with its headquarters in United States and provides a range of tools for online trading. Since its inception in 1999 they have emerged as a leading player in the field of online trading. FXCM includes an extremely aggressive and full-featured trading website that's focused on forex, indices, metals, sharesand commodities.
Over the past 24 years, FXCM has grown into one of the best online brokers available to the public.
After being founded in 1999, their client base has become as large as 10,000+ clients.
FXCM is a favourite for many traders . Our FXCM account review found that they're a professional alternative for online trading options. They are most appropriate for investors who are searching for an assortment of assets. Social and easy to use trading options are the core at FXCM.
Technology plays a substantial role in FXCM. They offers trading on MT4, Mirror Trader, Web Trader, NinjaTrader, Tablet & Mobile apps. FXCM is honest, transparent, and a well-regulated broker by the Financial Conduct Authority (FCA). Their outstanding variety of resources will be beneficial for most traders. Third-party partnerships also provide in-house research.
The educational section at FXCM is very enlightening for new dealers as it permits them to get a closer look in the financial markets. FXCM caters to all types of traders and are a must-have broker for almost any well-diversified approach to trading.
Benefits of online trading with FXCM in 2023
Trading with FXCM comes with numerous benefits. These benefits are what sets FXCM apart from all other online brokers. You should check all of the benefits listed so you have a better comprehension of FXCM.
The agent goes to great lengths to comprehend what traders want. Consequently, the service, fast, and convenient. The broker also gives a variety of platforms for all kinds of traders. FXCM helps to ensure that the individual needs of all traders are met to the best of their capabilities.
FXCM also features excellent trading conditions that are available to all and not just an elite group of institutional customers. The tight spreads and quick executions are a great advantage for all traders. The technology embraced by FXCM is among the highest caliber, ensuring that it's fast, dependable, and efficient.
FXCM acknowledges the importance of owning a fast order execution. A fast implementation will allow users to exchange without worrying about slippage safely. It will also help the traders to grab any opportunities.
FXCM has over 100 trading instruments to support all types of traders. These instruments are lively and suitable for both new and seasoned traders. All traders can put aside all their worries when trading with FXCM.
FXCM Overview
Year Founded: 1999
Regulated By: Financial Conduct Authority (FCA)
Hedquarters: United States
Minimum Deposit: $1
Number Of Clients: 10,000+
Losses can exceed deposits
If you feel that FXCM is not right for you then at the bottom of this FXCM review you will find a lot of alternatives to FXCM.
What you should know about trading with FXCM
FXCM is a dynamic platform that offers various procedures of trading. These tools cover the financial markets substantially. The Majority of the brokerage platforms provide fewer methods than FXCM
If you would like to exchange with FXCM, you'll need a minimum deposit of $1. This deposit is compulsory if you want to begin trading using FXCM. This 2023 FXCM review will direct you easily about trading with them.
FXCM is as flexible as any other broker platform. FXCM is great for traders that want a manageable selection of low-cost services. The programs provided by FXCM are third party, white-label offerings. All traders may pick from MT4, Mirror Trader, Web Trader, NinjaTrader, Tablet & Mobile apps
Along with everything, FXCM has multiple benefits to new and verteran traders and should be investigated. There's no minimum time over which a transaction has to be kept open. The brokers offer premium customer service which rewards customers with benefits.
Many unethical brokers attempt to pressurise customers into bigger financing for superior services. FXCM, on the other hand, is much more concentrated on trading volume. Dealers can expect trading conditions to be just, honest and transparent. The more lots traded by the user, the more advantages will become available.
FXCM accounts are available globally and provides outstanding service wherever they have customers. There are some select few countries where FXCM accounts are not available. Traders in the following countries cannot open or use a FXCM account:
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is FXCM Safe To Trade With In 2023?
Launched in 1999, FXCM has been open for 24 years, they are headquarted in United States
FXCM is regulated by Financial Conduct Authority (FCA). These figures have rules that mandate that trading platforms have steps in place to keep investor's resources procured. This usually means that FXCM users do not need to be worried about their money as it's segregated and safely stored in established banks. SSL encryption secures every user's personal information as well.
You are able to make use of a choice for 2 Factor Authentications (2FA) with FXCM for heightened safety. An SMS with the verification code will be sent to your mobile phone. You will be required to input this code to log into your accounts.
Another concern with fiscal brokers is in respect to security might be manipulation of trading. This is highly disadvantageous for users on those platforms. Nonetheless, this is more widespread in the case of Market Maker brokers who compete with users on the stage.
FXCM Risk Disclaimer
Losses can exceed deposits
Pro's & Con's Of Trading With FXCM
Every online trading platform will have some ups and downs, and no FXCM review would be complete without having a balanced approach. This FXCM review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
FXCM Pro's
FXCM is regulated by Financial Conduct Authority (FCA).
FXCM has been trading for 24 years.
FXCM offers customer support over the phone.
FXCM provides customer support over email.
FXCM gives access to customer support over livechat.
FXCM has a low minimum deposit requirement.
FXCM doesn't charge withdrawal fees.
FXCM doesn't charge inactivity fees.
FXCM has over 100 employees.
FXCM allows scalping.
FXCM allows hedging.
You can trade metals with FXCM.
You can trade energies with FXCM.
FXCM Con's
FXCM is not highly rated by us. FXCM hasn't won any awards. FXCM doesn't offer guaranteed stop loss. FXCM doesn't offer negative balance protection. You can't trade Cryptocurrencies with FXCM. FXCM doesn't offer social trading. FXCM doesn't offer copy trading. FXCM doesn't allow commodity trading.Compare Brokers Similar To FXCM
Regulation And Licencing In More Detail
FXCM is regulated by Financial Conduct Authority (FCA).
FXCM, as a company, has a strong set of rules for ensuring honest trading onto its platform. For information encryption purposes, it provides an industry-standard secure socket layer (SSL).
In accordance with the organization's privacy regulations, customer information is to not be shared with any other institutions or individuals. Including credit history and other financial information.
FXCM Awards
At the time of writing this FXCM review, and despite FXCM’s impressive offering, the company has surprisingly not garnered any awards to date.FXCM Trading Platforms
FXCM are a reputable brokerage that has been trading for over 24 years. They offer a large range of options in their customer accounts.
In the following table we take the main parts of any great online trading platform and compare FXCM against freetrade, and easyMarkets.
FXCM MetaTrader 4 (MT4)
MetaTrader 4 also known as MT4 is one of the top trading platforms on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to cover all your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.
The MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements.
You can start using the MetaTrader 4 platform with FXCM in multiple formats including through an online web platform, or through a downloadable application for Windows PC's and Mac's. FXCM MetaTrader 4 is compatible with the latest macOS. FXCM allows traders to trade on mobile devices through Android and iOS devices.
Metatrader 4 Webtrader and FXCM
MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators.
Trading With FXCM MetaTrader 4 On iOS Devices
You can download the FXCM app or also trade with FXCM through the MetaTrader 4 application on the Apple app store.
Download the FXCM MetaTrader 4 Program free of charge from Apple's App Store. FXCM customers have instant access to the Financial markets, with the ability to completely manage a Portfolio on the go.
Trading With FXCM MetaTrader 4 On Android Devices
Andorid mobile devices and tablets are used by millions of people globally. FXCM provides its clients access to the MetaTrader 4 platform on Android supported devices so that their 10,000+ customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android FXCM MetaTrader 4 application enables traders to make the most of multiple advanced trading features which enables them to monitor and trade quickly on the go, simply and securely.
Minimum Deposit Required
The minimum deposit you must deposit to begin on FXCM is $1. This is an adequate amount for people just beginning. It's possible to make more advanced residue as you cooperate. But, ensure you understand how to make the most of your money before investing in larger sums.
Commission And Fees Explained
FXCM is an online brokerage platform, and most online brokerages charge lower prices than traditional brokerages tend to charge. The reason for this is that the companies of online brokerages are scaled better. That is, an online broker isn't necessarily affected by the amount of clients they have.
However, this doesn't mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to earn money. There are mainly three different types of penalties for this objective.
The first kind of fees to look out for are trading charges. When you make an actual trade, like purchasing a stock or an ETF, you're billed trading charges. In such cases, you are spending a spread, financing speed, or a commission. The kinds of trading fees and the prices vary from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the other hand, a spread refers to the difference between the buying and selling price. Financing or overnight prices are people that are charged when you maintain a leveraged position for longer than a day.
Apart from trading fees, online brokers also charge non-trading fees. These are dependent on the actions you undertake in your account. They're charged for services like depositing cash, not trading for long periods, or withdrawals.
In general, FXCM does not charge high fees in comparison to other online agents. For operations other agents charge for, they either do not charge a broker fee, or they charge a smaller amount. This is beneficial for those who regularly trade, such as weekly or daily trading.
But, non-trading fees billed by FXCM are relatively lower. As a result, you're charged more for non-trading activities on your trading accounts, such as withdrawal and deposits. These aren't related to the purchase and sale of resources.
This FXCM review breaks down each of the applicable non-trading charges for you in detail.
Compare Broker Fees Of FXCM
FXCM Withdrawal Fees Explained
FXCM doesn't charge withdrawal fees.Withdrawal of cash is possible at any time from the FXCM account. It's possible to withdraw sums up to the sum of your account balance, keeping aside the perimeter utilized. 1 thing to keep in mind is that you don't necessarily have to have any money in your account.
In addition, the withdrawn money will be transferred directly to the account you use to create deposits. Thus, if you used a credit card for deposits, the withdrawn money is going to be sent to the cardFXCM will ask you to offer other withdrawal methods if your details have changed since your deposit.
There is a minimum withdrawal amount. In the event you are withdrawing cash in different currencies from USD, a conversion fee is also applicable. The conversion fee will depend on the currency you're choosing to withdraw in.
FXCM Inactivity Fees Explained
FXCM doesn't charge inactivity fees so you are free to pop in and out of your account as needed
Even if no fees are implied by FXCM, it's best for you to close the account if you're inactive. Inactivity fees aren't only charged by brokerage firms but also many financial services.
For other trading platforms, the inactivity fee depends upon the type of account you have selected. The inactivity fee is subjected to many conditions and needs to be revealed clearly by the agent beforehand.
FXCM Deposit Fees Explained
When you move money in your trading account by the bank account, a deposit fee can be billed by the broker. Most brokers do not charge too much money for this operation.
FXCM doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed
Depositing cash into the FXCM trading platform is simple. You simply have to finish a single-user profile questionnaire to begin depositing money into your trading account. You will have to provide an identity proof and evidence of residency to deposit large amounts.
Compare FXCM Vs Other Broker Deposit Methods
What Can You Trade With FXCM in 2023?
Note: FXCM offers a lot of different trading instruments due to regulatory restrictions in some countries. Trading instruments offered may differ depending on the country of residence of the client.
FXCM has a wide variety of over 100 instruments available for you to trade with.
If trading forex pairs is of interest to you then FXCM offer over 50 currency pairs.
Compare FXCM, freetrade & easyMarkets below.
FXCM Trading App Review
Note: FXCM's mobile app has a lot of functionality and is being developed all the time. The table below was correct at the time of writing this FXCM broker review.
Understand the capabilities of the mobile apps of FXCM, freetrade & easyMarkets below.
Trading Education Available At FXCM
Understand the trading resources available with FXCM, freetrade & easyMarkets below.
FXCM Customer Support
As part of our FXCM broker review we looked at the customer service options as well as response times. on the FXCM trading platform problems solution effectiveness. FXCM provides support in a wide range of languages including English, and Chinese
FXCM Live Chat Support
We tested the livechat experience with FXCM and it works well. We made a request to FXCM livechat through their app and website and received a response within 20 seconds. Sometimes , there was no response.
We tested communicating with FXCM support in a variety of languages across multiple countries. FXCM were successful in resolving customers' concerns.
FXCM Phone Support
We called FXCM and the call was answered very promptly. We were able to have the call answered within less than 5-10 minutes.
The FXCM phone support team was able to effectively address our queries and problems via phone. We tested the multi-lingual FXCM team by calling in varying languages. FXCM made efforts to ensure all of our questions were answered.
Overall, the phone support from FXCM was okay.
FXCM Email Support
We sent several emails to FXCM and the response times were all outstanding. The fastest email response time from FXCM was 2 hours and the slowest response was 12 days! Sometimes there was no response. Response times to support may differ for you with FXCM, however, we've had the experience of sending 10 emails at varying times.
The team was able to resolve and answer our queries. Average email support from FXCM was outstanding.
Alternatives To FXCM
If, after studying this FXCM review, they do not meet your requirements check out these FXCM alternatives.
We've scoured the web to find the best alternatives to FXCM. Click the hyperlinks below to learn more.
Frequently Asked Questions
Can I try FXCM before I buy?
Absolutely! you can most certainly try FXCM before you buy. FXCM provides demo accounts for the ease of new traders. You can use this feature to build your faith in the machine as well as yourself and your trading strategies.
If you register for a demo account with FXCM, you may set out with a decent amount of virtual currency. It is to establish a sense of safety and confidence in you until you choose to invest your own money.
With a virtual FXCMdemo account, you are able to experiment in any way, to whatever length you wish. You might also start positions, examine different trading strategies, and more.
FXCM shows on its official site that you are able to exchange real time stocks in a demo account.
Is FXCM safe?
It is possible to drop all your worries since we believe that FXCM is completely safe to use. It is in compliance with the principles of Financial Conduct Authority (FCA).
Even so, FXCM doesn't have assured stop-loss protection.
Why does FXCM ask for my passport?
The reason that FXCM asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, FXCM has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, FXCM must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with FXCM?
The process to start trading with FXCM is super simple. You need to begin by signing up on the FXCM website. It will require you to fill in details pertaining to the credibility and security of your account. You will probably also have top go through the standard KYC (Know Your Customer) checks but FXCM are normally pretty quick with this.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with FXCM is $1. You should have a good {understanding of|hold over} the {details|nuances} of online trading before you set out and trade with real money as losses can exceed deposits.
If you are confident of your knowledge and understanding, you can open an account with FXCM.
The best way to kickstart your trading career with FXCM is to open a demo account facility before risking any real money
What funding methods do FXCM accept?
There are a number of methods to fund your accounts with FXCM. The process is effortless and quick, with various payment methods at your fingertips.
You can use credit or debit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal can be at your disposal for depositing money. You have to bear in mind that PayPal isn't available in all country. The monies FXCM accepts for deposit are USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD.
Other deposit techniques you can embrace are Neteller, Skrill, Rapid Transfer, and iDeal. Besides online banking, wire transfer is an opportunity as well, though it takes about 4-7 days.
Is my money safe with FXCM?
Yes, your money is safe and protected with FXCM. As you know, FXCM works with good conformation to regulations. It's established lots of steps to guard all of its investors.
FXCM protects its clients' personal and sensitive data under SSL encryption. Your capital will be retained highly secure in top-tier banks.
If you want to further safeguard your accounts, you can enable Two-Step Verification also. It takes an SMS confirmation for you to get your account.
Is FXCM trading good?
Yes, trading via FXCM is a pleasant and good experience indeed. It's an excellent and intuitive platform with helpful features for your ease. In addition, you can even obtain access to a huge selection of educational resources and assistive material to kickstart your trading expertise.
If you remain skeptical, it is possible to open a eToro demo account and evaluate the credibility of the platform for yourself.
Which Countries do FXCM support?
FXCM operates around the globe. However, due to regulations FXCM can't accept clients resident in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is FXCM legit?
FXCM is a legit company headquarted in United States since 1999. They are regulated by Financial Conduct Authority (FCA). FXCM is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is FXCM a good broker?
FXCM is an excellent broker, and its own users can vouch for it. The highlight of the platform is its quick order execution on transactions.
You will find the clean design of this platform along with the commendable features that are pleasant to work with.
Is FXCM a trustworthy broker?
Yes, FXCM is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can affirm to their trustworthy nature.
What is the minimum deposit for FXCM?
The minimum deposit to open a live account with FXCM is $1
How long do FXCM withdrawals take?
Normally, withdrawal of money from FXCM is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for a withdrawal from FXCM to show in your bank account and withdrawls are available in any of the following currencies.
USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD
Is FXCM regulated?
FXCM are regulated by Financial Conduct Authority (FCA)
Is FXCM a market leading broker?
FXCM is currently among the industry leaders. It has over 10,000+ registered users and over 24 years of expertise on its record. They are among the world's top trading platforms and a prominent figure in the Fintech revolution.
It majorly owes this status to its incredible platform and wide selection of resources plus tools so you can put money into capital markets.
Is FXCM a con?
No, FXCM is not a con. They are regulated by Financial Conduct Authority (FCA) and must adhere to their rules. Thus, it is safe to say that FXCM is not a scam.
Can you make money with FXCM?
Through FXCM, several traders earn a lot of money. However, just like all online brokers, it is important to note that traders can also lose money. In particular, Losses can exceed deposits
This can look like a little number, but within the year, this adds to a substantial number of gains. While FXCM provide you all the tools to earn money, they can't guarantee that you will profit.
Does FXCM have fees?
Yes. To begin trading using FXCM, you need to deposit $1. Particular commissions while trading additionally applies. Any processing fees from your bank will have to be incurred by you.
When was FXCM founded?
FXCM was founded in 1999 in United States. FXCM is regulated by Financial Conduct Authority (FCA).
How many people use FXCM?
FXCM is a worldwide recognised broker with 10,000+ clients.
Where is the FXCM head office?
FXCM has its head office in United States
Does FXCM offer negative balance protection?
No. FXCM does not offer negative balance protection. If your balance is unfavorable, FXCM indicates that you promptly contact customer services. For this, you can correct any imbalances in your account.
Does FXCM offer guaranteed stop loss?
FXCM, regrettably, does not offer guaranteed stop loss. FXCM provides an opportunity to its dealers to close their trades at their specified price. Apart from that, FXCM doesn't offer guaranteed stop loss.
Does FXCM allow scalping?
Yes, FXCM does permit scalping. Many traders throughout the world choose FXCM due to their services that are trading. They offer trading on MT4, Mirror Trader, Web Trader, NinjaTrader, Tablet & Mobile apps which let this.
Does FXCM allow hedging?
Yes, FXCM does allow hedging.
Can you trade energies with FXCM?
Yes, you can trade energy stocks with FXCM
Can you trade agricultural shares with FXCM?
No, unfortunately you cannot trade agricultural stock with FXCM
Can you trade cryptocurrency with FXCM?
No, unfortunately you cannot trade cryptocurrency with FXCM
Can you trade metals with FXCM?
Yes, you can trade metals with FXCM
Can you trade UK Shares with FXCM?
No, unfortunately you cannot trade UK shares with FXCM
Can you trade US Shares with FXCM?
No, unfortunately you cannot trade US shares with FXCM
Can you trade Japanese Shares with FXCM?
No, unfortunately you cannot trade Japanese shares with FXCM
Can you trade German Shares with FXCM?
Yes, you can trade German shares with FXCM
Does FXCM accept bank transfers?
Yes, FXCM accepts bank transfers for depositing money.
Does FXCM accept credit cards?
Yes, FXCM accepts credit cards for depositing money.
Does FXCM accept PayPal?
No, FXCM does not accept PayPal.
Does FXCM accept Skrill?
No, FXCM does not accept Skrill.
Does FXCM accept Payoneer?
Yes, FXCM accepts Payoneer for depositing money.
Payoneer is an American financial services company that provides online money transfer, digital payment services and provides customers with working capital.
Account holders can send or receive funds via an ewallet, virtual bank account number in local currency, or a reloadable prepaid MasterCard debitcard. Money received can then be withdrawn to a bank account or used online / at points of sale with the Payoneer debit card. This company is a specialist in cross-border B2B transactions. It provides cross-border transactions in 200 countries and territories and more than 150 local currencies, with its cross border wire transfers, online payments, and refillable debit card services.
Payoneer is used by companies like Airbnb, Google, Amazon and Upwork to send large-scale payouts all over the globe. It's also used by eCommerce platforms like Rakuten, Walmart, Wish.com, and freelance marketplaces like Fiverr, Envato, and works in conjunction with ad networks to link these companies with publishers based out of their headquartered countries.
Payoneer is a content creator and works with Pond5, iStock, Pond5 and other companies as well as the freelance market.
Payoneer has a customer care team with 320 employees who support 4 million customers in 70 languages, operating in 150 different currencies.
The company launched a service in October 2019 that allows small and medium-sized companies to send money anywhere in the world fast and cheaply.
Does FXCM accept Neteller?
No, FXCM does not accept Neteller.
Does FXCM offer Live Chat customer support?
Yes, FXCM offers customer support through live chat.
Does FXCM offer phone customer support?
Yes, FXCM offers customer support over the telephone.
Does FXCM offer email customer support?
Yes, FXCM offers customer support through email.
What languages can FXCM communicate in?
FXCM has the ability to communicate and support customers who speak: English, and Chinese
Does FXCM have a wikipedia page?
No, FXCM does not have an official wikipedia page.
Does FXCM offer demo accounts?
Yes, FXCM offers virtual portfolio accounts so you can learn their systems before risking any real capital. New traders can open a virtual portfolio account in order to better understand the areas of Forex trading and test out some of the company’s features before risking a live account.
Compare FXCM To All Our Other Brokers