Overview of FXCM Trading
FXCM broker is one of the largest forex brokers in the United States of America. This forex broker usually advertises on various local cable channels more frequently as they are currently aiming for the domination of the traders based out of US initially. FXCM broker is actually operated by a company called Gain Capital. This is also known across the world as one of the leading Forex brokers.
FXCM broker is mainly known for their integrity, regulatory compliance, and convenient use for the trader at any levels. The site is fully packed with information, and it is one of the best FX websites on the internet for the traders who are at any levels novice and expert. Forex.com offers their customer with variable offers and bonuses periodically.
FXCM brokers supports importantly 2 kinds of forex trading platforms while providing their services to the customers. The platforms like MetaTrader 4, FOREXTrader PRO are supported by the broker.
Couple of trading accounts FXCM offers to their customers. The traders can opt for any account between a standard account or a Premium account for the forex trading. Standard account requires £/$500 as minimum initial deposit. But the brokers recommend their customers to deposit $3000 so that they will be able to access the premium range of trading tools. For premium account, the brokers require a maximum amount of £/$25,000 for opening forex trading account with the broker.
Commission & Spreads
Generally all the online brokers charge commission their customers, FXCM dont charge anything for their services from their customers. Generally FXCM earns by posting a spread on to the top of the prices which the traders earn from the forex trading market. Generally these are variable and usually competitive. Usually they start from as low as 1.2 pips for the major and important pairs like the EUR/GBP.
FXCM brokers are often committed to assist their clients in succeeding the forex trading market. Hence they provide their clients with a 24/5 basis assistance. They have a team who provides support and can be contacted by various means like Email, Fax, Live Chat and Telephone.