Compared with other forex brokers, FXCM give more serious touch on their marketing aspects. They provide some attractive (or I can say it ’some of the most wanted ‘) forex trading tools for their client at no cost. To mention some: forex signals, daily market commentary and automated-trading platform.

The automated trading platform (or they named it Forex System Selector platform) allow you to build an automated trading based on some backtested trading systems. Some of the backtested trading system have been very popular around such as Pip Boxer and Team-Aphid-Daily. I believe this feature attracts more client to FXCM.

FXCM said that they would start offering metatrader as an alternative of their FXCM Trading Station II in early 2008. I have no idea whether this fx broker has done it yet or not. However, the plan shows that this forex broker is quite responsive to markets (I mean their target customer) demands.

Forex Capital Markets, LLC (FXCM) was founded on 1999. They offer leverage up to 200 : 1. Minimum spreads offered is as low as 1 pip spreads, however they also state that their frequent spreads for Eur/Usd is 2 pips and for Gbp/Usd is 3 pips.

FXCM offer both standard and mini account. The minimum deposit for Standard account is US$ 2,000 and for Mini account is US$ 300. I don’t know what the leverage for the mini account is. Obviously, trading US$ 300 with 200:1 leverage is really too tight and irrational.

FXCM Postal Address

Headquarters
Financial Square 32 Old Slip
New York, NY 10005.
United States
Phone: +1.212.897.7660
Fax: +1.212.897.7669
E-mail: info@fxcm.com
Free Phone: 888-503-6739

I don’t have personal experience with this forex broker. If you have any experience with this fx broker, please kindly share and discuss FXCM here.