Min Deposit
$50
Spread From
1.2 pips
Max Leverage
1:400 (international) / 1:30 (UK)
Founded
1999
About FXCM
FXCM is a long-standing forex and CFD broker offering its own Trading Station platform alongside MT4, with a strong focus on algorithmic trading support through in-house APIs and third-party integrations.
Account Types & Pricing
| Account | Min Deposit | Spread | Commission | Leverage |
|---|---|---|---|---|
| Standard | $50 | 1.2 pips | None | 1:400 (international) / 1:30 (UK) |
| Raw/ECN | $200 | 0.0 pips | $3.5 per lot side | 1:400 (international) / 1:30 (UK) |
| VIP/Pro | $2000 | 0.0 pips | Reduced/rebated | 1:400 (international) / 1:30 (UK) |
Pros
- + Robust API for algorithmic trading
- + Established track record since the 1990s
- + Good range of educational content
Cons
- - Past regulatory history in the US
- - Standard spreads wider than raw-spread competitors
Frequently Asked Questions
Is this broker regulated?
Yes, this broker is regulated by one or more recognized financial authorities. Always verify the specific regulated entity that will hold your account before depositing funds.
What is the minimum deposit?
The minimum deposit varies by account type. See the pricing tiers above for account-specific minimums.
What trading platforms are supported?
This broker supports the platforms listed above, typically including MetaTrader 4 and/or MetaTrader 5 alongside any proprietary web or mobile apps.
Can I open a demo account?
Most brokers, including this one, offer a free demo account funded with virtual currency so you can test strategies risk-free before trading live.
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