Forex broker general information
FXCM, with its $100 million capital, is one of the largest and most popular Forex brokerage company in the industry. It features several trading platforms, simple processing and much more. The company is now publicly listed on the New York Stock Exchange, which makes is an accountable and transparent Forex broker on the global arena.
FXCM offers the MetaTrader 4 platform along with its own FXCM Trading Station and Java version that can be used on a Mac. Based upon your trading style, each and every platform offers its own set of advantages.
When it comes to FXCM’s own trading platform, the FX Trading Station, it would have to be downloaded onto your computer system. It offers an intuitive and user-friendly environment. It can be customized based upon your preferences. The various features at your service include day trading, trailing stop, entry orders, limit orders, and stop loss and take profit.
If you have a No Dealing Desk1 account, the platform also offers a hedging feature. It has a unique feature known as “At Best” that gets filled for the best streamed rate for FXCM at the current moment from the leading financial institutions and banks that have links with them. Contrary to the “At Market Range” feature, this would prevent situations where the expected price for making the order expires.
In addition, FXCM offers the most popular and most widely used platform, the MT4. FXCM makes it possible to trade on MetaTrader 4 with No Dealing Desk execution, tight competitive spreads for the leading currency pairs or re-quotes. They accept all the EAs and even the Scalping EAs. As there is No Dealing Desk Forex Execution, there is no intervention of the dealer. The feature of parallel processing ensures that there is quicker execution speed for orders.
FXCM offers a special bonus $50 free accounts to traders with other Forex firms when they sign-up for their FXCM Micro account.
FXCM is perhaps the most popular Forex broker on the social world. It has probably more fans on its Facebook page and more followers on twitter than almost any other Forex broker has. This gives a clear indication how large, popular and trustworthy this broker is.
Once you have created an account with FXCM, it would be a simple task to deposit funds. The different payment methods offered include credit and debit cards, wire transfers and paper checks. If you are from the U.S., you can also use electronic checks.
FXCM offers round the clocks customers support service throughout the week. They offer multi language customer support in more than 20 languages. Through chat, email and international toll-free numbers. Gold trading account holders would be able to enjoy VIP support.
FXCM ranks among the largest and the most reputed Forex brokers at a global level. They offer a number of trading platforms to suit to the trading style of different types of traders. Additionally, they offer 24X7 customer support service, which is unique in itself.