FXCM

4.0(980 reviews)

Established forex broker with Trading Station and API access

FCA RegulatedSince 1999

Trust Score

Very Good

Ready in 2 minutes

* External link. BeInOptions receives no compensation from this broker. All information is for educational purposes only and does not constitute investment advice.

50 €

Min. Deposit

Instruments

FCA

Regulation

Platforms

Key Features

Forex

Forex trading available

CFDs

CFDs trading available

Indices

Indices trading available

Commodities

Commodities trading available

Crypto

Crypto trading available

Trading Station

Trading Platform

MT4

Trading Platform

TradingView

Trading Platform

FXCM API

Trading Platform

Advantages

Proprietary Trading Station platform
API access for algorithmic trading
Low minimum deposit
Active Trader account with tight spreads

Disadvantages

Limited product range
No BaFin regulation
Less well-known in Germany

Ready to Trade with FXCM?

Discover FXCM and start your trading journey today.

Open Free Account Now

Ready in just 2 minutes

* External link. BeInOptions receives no compensation from this broker. All information is for educational purposes only and does not constitute investment advice.

About FXCM

FXCM was founded in 1999 in London and is an FCA-regulated forex and CFD broker with over 25 years of experience in currency trading. The product range includes forex, CFDs, indices, commodities, and cryptocurrencies. FXCM is particularly known for its proprietary Trading Station, which offers advanced charting tools and technical analysis. Additionally, API access for algorithmic trading is available. FXCM caters to forex traders and algorithmic traders who need professional tools and API access. The minimum deposit is low at 50 euros, and the Active Trader account offers tight spreads from 0.2 pip. On the Standard account, spreads start from 1.3 pip. However, the product range is more limited than competitors, there is no BaFin regulation, and the broker is less well-known in Germany. For tech-savvy forex traders interested in automated trading, FXCM is a specialized solution.

FXCM FAQ

What is the minimum deposit at FXCM?

The minimum deposit at FXCM is 50 euros. This is one of the lowest entry amounts among established forex brokers.

What is FXCM's Trading Station?

Trading Station is FXCM's proprietary trading platform with advanced charting tools, over 60 pre-installed indicators, backtesting features, and an integrated strategy builder for automated trading.

Does FXCM offer API access?

Yes, FXCM provides comprehensive API access for algorithmic trading. Traders can develop and automatically execute their own trading strategies through the FXCM API.

What platforms does FXCM offer besides Trading Station?

Besides Trading Station, FXCM also offers MT4 and TradingView. The FXCM API also enables the development of custom trading solutions.