This includes an economic calendar, live forex charts, and the latest market news. If you prefer social or copy trade, then Zulu Trader might be your preferred choice of the trading platform. This type of trading allows you to copy the trades of experienced traders, making it a great choice for beginner traders wanting to learn the trading strategies of successful traders. The feature gives users the ability of traders to share ideas and strategies and help other traders. Zulu Trader has over 1 million users, making it one of the larger social trading communities available.

See all Forex pairs

Looking at our database, the average forex broker offers 6 of the 11 features variables we track in the commissions & fees category, and has average spreads of 1.04 when trading the EUR/USD. FXCM offers 9 of the 11 features, while offering average spreads of 0.74 which helped contribute to the broker ranking #24 out of 62 brokers in this category. Clients have the advantage of mobile trading, one-click order execution and trading from real-time charts. In addition, FXCM offers educational courses on FX trading and provides trading tools, proprietary data and premium resources. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points.

1. You can check the performance of your portfolio and individual Traders inside ZuluTrade platform.
2. More, the mobile app offers a top bar statistics toggle which users can tap to switch on or off — this is the simplified equivalent of the top bar on the desktop platform.
3. It is scalable, light and robust and is compatible on any Java-compliant operating system.
4. When choosing a broker, regulation is one of the first things that I look for.
5. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process).
6. On the other hand, FXTM clients can get access to a wider selection of FX pairs and more stocks to trade.

Ninja Trader ✔

MotiveWave specializes in Elliot Wave, Fibonacci, Gann and Ratio analysis and also allows for systematic trading using Java. REST (Representational State Transfer) API is a web-based API using a Websocket connection that was developed with algorithmic trading in mind. Developers and investors can create custom trading applications, integrate into the platform, back test strategies and build robot trading. FXCM has implemented a Secured Socket Layer (SSL) on all its websites and platforms. The SSL encryption protects data transmission between the clients’ workstations and FXCM’s servers so that hackers are kept out of the loop. This is very important because identity thieves and internet fraudsters might attempt to steal important user info such as credit card details, verification documents and users’ accounts.

FXCM Tradingview

This is available to all clients who choose to trade on the MT4 platform. The free VPS is provided to high volume traders who have traded up to 500K per month in the last 3 months. FXCM has partnered with two renowned VPS providers to bring this service to its clients. I have my own VPS from a third-party provider that I find to be an invaluable tool for running my automated systems around the clock on multiple instances of the MT4 platform. This way I can test how they perform on different brokers without needing my own computer constantly running. It is worth mentioning that you can get a free VPS from other brokers including IC Markets.

Trading Platforms at FXCM

Withdrawals via cards do not have fees, but there is a $40 fee for bank wire withdrawals. This also tends to be the quickest fxcm broker method, taking about 3-5 business days. Card withdrawals may take between 5 business days and a billing cycle.

To learn more about country-specific regulations and restrictions (and to discover our data-based picks for the best brokers by country), check out our country guides. Remember – there’s a difference between trading U.S. stocks as CFDs (tradeable instruments that track the price of an underlying security or asset) and being able to own the underlying stock. If you purchase a U.S. stock, you own the actual shares; if you purchase or trade a CFD, you don’t own the asset itself. According to our database, 91% of forex brokers allow you to trade U.S. stocks as a CFD, while only 28% allow you to own the stock itself. Yes; in case you were wondering, 77% of the brokers reviewed on BrokerNotes.co offer copy trading.

Provided that your account is fully verified, withdrawals via wire transfer may take 3-5 days, while all other methods may take up to 24 hours. FXCM offers seven different payment methods which are also accepted as valid withdrawal methods. The full list of withdrawal options include Credit/Debit cards, wire transfer, e-wallets, BPay, Skrill, Union Pay, Neteller, and POLi. More, the top bar shows which trading server traders are connected to, as well as a customizable layout setting. FXCM.com has a very clear step-by-step breakdown of each deposit method with screenshots to which traders can refer to when making their first deposits.

Although it took a while to get to the bottom of the technical issues I was having after the FXCM app was updated, eventually the problem was resolved. Vanya Gencheva and Joseph David both helped to get upscale the problem and the Techies have now solved it and I can trade again. Customer satisfaction is our top priority, and we’re delighted that we could meet your expectations.If you ever need anything else or have any questions, please don’t hesitate to reach out to us. We truly appreciate your kind words and are delighted to hear that you’ve had a satisfactory experience with FXCM. We look forward to serving you and meeting your expectations in the future. We’re thrilled to hear that you had a satisfying experience with FXCM.

Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. Experienced Australian forex traders that require a very specific niche forex platform https://forexhero.info/ should consider FXCM. Those that require high leverage or are looking for low spreads/fees should review our best Australian forex broker comparison table and a provider like Pepperstone for advanced traders. While FXTM supports more base currencies and offers more payment options, both brokers cover the most popular online payment methods. Both forex brokers aim to offer secure and easy ways to fund your trading account.

Some of these are free, while others are paid applications and tools. When it comes to trading techniques, FXCM is very open in what is allowed. They are a very algo-friendly broker who provide for a range of extra tools to accommodate algo traders.

The difference in price is the profit or loss, minus any broker fees. This is the mobile version of the proprietary Trading Station platform. The trading apps can be downloaded from the Google Play store or Apple store. The Trading Station Mobile platform lets retail traders quickly and easily access the forex market. Trades can be placed and managed on the go through its simple, intuitive interface, which was designed from the ground up to function beautifully on mobile devices.