FXCM
Established forex broker with Trading Station and API access
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.
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
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* 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?
What is FXCM's Trading Station?
Does FXCM offer API access?
What platforms does FXCM offer besides Trading Station?
Popular Strategies to Try
Concrete example trades you can replicate after opening your account at FXCM.
Long Straddle · Tesla
Tesla Inc.
Highly volatile — no clear direction · highly volatile mover
Long Straddle · NVIDIA
NVIDIA Corporation
Highly volatile — no clear direction · volatile stock
Covered Call · Apple
Apple Inc.
Neutral to mildly bullish · calm stock
Covered Call · SAP
SAP SE
Neutral to mildly bullish · calm stock
Cash-Secured Put · Amazon
Amazon.com Inc.
Neutral to mildly bullish · medium-volatility stock
Iron Condor · S&P 500 ETF
SPDR S&P 500 ETF
Neutral / Sideways · calm stock
Iron Condor · Nasdaq-100 ETF
Invesco QQQ ETF (Nasdaq-100)
Neutral / Sideways · calm stock
Bull Call Spread · Palantir
Palantir Technologies Inc.
Bullish · highly volatile mover
Bull Call Spread · MicroStrategy
MicroStrategy Inc.
Bullish · highly volatile mover
Bear Put Spread · Coinbase
Coinbase Global Inc.
Bearish · highly volatile mover
Butterfly Strategy · Microsoft
Microsoft Corporation
Neutral — stock expected to stay near the center strike · calm stock
Bull Call Spread · NVIDIA
NVIDIA Corporation
Bullish · volatile stock
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