FXCM
Chris Cammack December 3, 2019 01:37 PM
FXCM may appeal to high-volume traders who appreciate a wide platform choice and an extensive suite of advanced trading tools. However, its fixed leverage, high trading costs, high currency conversion fees, and high interest rates may deter some traders. A well-regulated broker, FXCM offers an average number of financial instruments compared to other brokers, including Forex, commodities, indices, share CFDs, and cryptocurrencies. FXCM's single account has a minimum deposit of 50 USD and average spreads of [fxs-broker-property identifier="eur_usd_spread_smallest_account"] pips (EUR/USD), which is wider than other brokers. Clients with a notional trading volume of more than 10 million USD per month are eligible for rebates, dedicated customer support, free VPS services, and free access to multiple APIs. FXCM 's range of trading platforms includes MT4, various advanced specialty platforms, and FXCM's award-winning proprietary platform, Trading Station. It also offers numerous trading tools, including various API tools, TradingView, Zulutrade, and a host of FXCM apps.