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Forex Capital Markets

FXCM

8.5 / 10

Category

What is FXCM?

FXCM Inc., is a world-wide provider of foreign exchange trading (currency trading) and related services to retail and institutional customers. FXCM, founded in 1999, was the first forex broker to list on the New York Stock Exchange.

Company Details


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FXCM Ratings

Real user data aggregated to summarize the product performance and customer experience.
Download the entire Product Scorecard to access more information on FXCM.

85 Likeliness to Recommend

100 Plan to Renew

79 Satisfaction of Cost Relative to Value


Emotional Footprint Overview

+91 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love FXCM?

0% Negative
0% Neutral
100% Positive

Pros

  • Helps Innovate
  • Reliable
  • Performance Enhancing
  • Unique Features

Feature Ratings

Average 83

Currency Quotes

94

Banking Risk Management

88

Margin Management

86

Currency Exchange Market Management

85

Analytics and Reporting

85

Portfolio Management

84

Currency Conversion

81

Stock Management

79

Trade Management

79

Collateral Management

77

Multi Currency

75

Vendor Capability Ratings

Average 81

Ease of Implementation

91

Availability and Quality of Training

86

Usability and Intuitiveness

86

Breadth of Features

85

Ease of Customization

85

Product Strategy and Rate of Improvement

82

Quality of Features

80

Business Value Created

79

Ease of Data Integration

75

Ease of IT Administration

71

Vendor Support

71

FXCM Reviews

Somendra K.

  • Role: Information Technology
  • Industry: Utilities
  • Involvement: IT Development, Integration, and Administration
Validated Review
Verified Reviewer

Submitted Jan 2023

Simple GUI Interface

Likeliness to Recommend

89

What differentiates FXCM from other similar products?

Well I was able to realize a Profit Of $4,000 after two months of use . I must say it's a really effective and efficient Forex Broker for both experts and Beginners

What is your favorite aspect of this product?

was allowed to open a demo account, with which I learned to manage risks of profits or losses, when...

What do you dislike most about this product?

A very good company in terms of service

What recommendations would you give to someone considering this product?

is ideal because it has hundreds of financial instruments to negotiate online

Pros

  • Performance Enhancing
  • Transparent
  • Helps Innovate
  • Unique Features

Cons

  • Slower Product Innovation

Tjhin F.

  • Role: Finance
  • Industry: Finance
  • Involvement: End User of Application
Validated Review
Verified Reviewer

Submitted Aug 2022

a good place to learn trading

Likeliness to Recommend

67

What differentiates FXCM from other similar products?

one of the advantage of FXCM is good education about trading and market analysis, its good for beginner, support some special platform for experienced trader: quant connect, motive wave, agena trader, sierra chart, seer trading, neuroshell trader and strategy quant.

What is your favorite aspect of this product?

the long term of demo account, the competitive comisision fee and spread..high leverage

What do you dislike most about this product?

especially demo account, after used for more than 6 months , the price start requote after instant click price market... this is very annoying...

What recommendations would you give to someone considering this product?

for beginner who want to learn about trading, my suggestion is try the fxcm demo account first, practise and exercise until give consistent profit, dont rush put your money in real account before your demo account show consistent profit..

Pros

  • Efficient Service
  • Effective Service
  • Caring
  • Respectful

MD. MUKUL S.

  • Role: Sales Marketing
  • Industry: Finance
  • Involvement: IT Leader or Manager
Validated Review
Verified Reviewer

Submitted Feb 2022

Best trading platform

Likeliness to Recommend

78

What differentiates FXCM from other similar products?

FXCM has too many innovative features from other vendors. We can Trade CFDs, Shares, and Forex with the Best Zero Commission Broker. You can explore powerful, preloaded tools like Real Volume, Market Depth, and Trader Sentiment.

What is your favorite aspect of this product?

The best part of FXCM is customizing your experience Download indicators, create watch lists, and custom layouts to adapt the platform for your strategy. It will give you a new trading experience.

What do you dislike most about this product?

It requires a heavy internet connection to load the interface unless you can't use it.

What recommendations would you give to someone considering this product?

I recommend FXCM to everyone who needs a platform to trade. It's a safe and secure platform. You can Trade here CFDs, Shares, and Forex with the Best Zero Commission Broker.

Pros

  • Reliable
  • Trustworthy
  • Effective Service
  • Inspires Innovation