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FXCM Ratings
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Forex Software:
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London, UK
44 7537 432259
Trading Stations, MT4, Ninja Trader
Banking Options:
Tradable Currencies:
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Practice Accounts:
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Mobile App:
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Social/Copy Trading:
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FXCM or Forex Capital Market was founded in 1999, and it is a UK based Forex broker. Over the 20 years, it has become one of the world's most famous and largest Forex brokers. It is regulated by UK Financial Conduct Authority, making it safe and low risk for Forex trading.

The FXCM offers Forex, Spread Betting, and CFD products to retail, institutional and professional clients across the world. This broker allows clients to trade on different asset classes such as Forex, Indices, Forex Baskets, and Crypto.

Trading Software

The FXCM trading software is easy to use and navigate around. For new users, there are frequently asked questions and answers on one section of the site. Moreover, the platform comes with a knowledge and information centre that provides new users with trading strategies. Video tutorials, webinars, seminars and online classrooms are also available. For new users, it is advisable to open a demo account for free practice as they learn more about Forex to avoid risking their money.

To get started in the trading software, one needs to open an account. The broker provides a range of trading platforms for users to choose from. They include its own Trading Station platform and other third-party platforms that include MetaTrader4, Ninja Trader and ZuluTrade, that offers Social Trading.

1. The Trading Station platform
The platform is available for mobile, desktops and web. Here is a comparison when trading with different platforms.

Trading Station Desktop

- Allows clients to execute multiple orders.
- Once can see real-time pricing.
- Allows traders to execute directly from the chart

Trading Station Web

- Access to charts on multiple screens
- You get customized trading analytics.
- Get live FXCM news

Trading Station Mobile

- Ability to trade on a mobile trading app.
- Available for Android and iOS users.
- Ability to trade on several assets.
- Users can see real-time prices directly from a mobile phone.

2. MetaTrader 4

The MT4 platforms are available to hundreds of Forex brokers. It is available for Windows OS and a mobile app for both iOS and Android. It is a global community for traders, making it a better solution for both retail and professional users.

3. Ninja Trader

The Ninja Trader platform consists of numerous FXCM features that offer traders with various tools. Through NinjaScripts, one can easily create strategies and indicators from scratch. Additionally, this platform includes automated trading capabilities.


The FXCM does not provide any promotions to clients. This is due to the various regulatory restrictions. These restrictions do not permit European brokers to give out promotions or bonuses.

Depositing Methods

FXCM offers clients the ability to deposit funds and withdraw through a variety of methods. All the users have access to a service portal that requires them to log in through their correct credentials. In the portal, users can find their account and withdraw funds. According to the AML requirements, when making payments, users should ensure that their account name matches with the payment processor.

Trading Instruments and Assets

FXCM provides clients with the ability to trade on a variety of financial instruments and assets. They include;

- Forex pairs such as AUD/CAD, EUR/JPY, USD/CHF etc.
- CFDs
- Cryptocurrencies such as Bitcoin and Ether.
- Commodities that includes gold, oil and copper.
- Global Stock Indices such as AUS200, CHN50, UK100, GER30 etc.

Customer Support

The customer support for FXCM is impressive. The broker provides users with 24/5 customer support services. For trading related queries, users have access to a direct line to the FXCM trading desk. You can reach customer service through phone and live chat. Additionally, the broker offers toll-free phone numbers across a broad selection of countries.
Other ways to seek assistance from the broker is through Emails and SMS messages. On the site, there are educational materials as well as a breakdown of topics where one can find answers to their inquiries.

FXCM is an excellent broker for Forex traders. It provides users with a transparent and simple trading experience for both new and advanced traders. With the wide range of trading platforms, users can enjoy algorithmic trading and have access to advanced tools as well as extensive educational resources. Join the FXCM today and start trading.

Reviewed by: ZAR Forex

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We are people who believe that online trading is a great opportunity for South Africans and other people around the world to make money. Both Forex and Binary Options markets are viable alternatives, and the choice is purely a matter of a trader’s personality. However, it is imperative to seek the necessary education and develop a reliable strategy for analyzing the markets and determining the right decision to take at any given point in time.