Forex Capital Markets

FXCM

7.1 /10

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.

84 Likeliness to Recommend

100 Plan to Renew

77 Satisfaction of Cost Relative to Value

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Emotional Footprint Overview

+93 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
Efficient Service

Feature Ratings

Average 80

Currency Quotes

Banking Risk Management

Margin Management

Stock Management

Currency Exchange Market Management

Analytics and Reporting

Multi Currency

Currency Conversion

Collateral Management

Portfolio Management

Trade Management

Vendor Capability Ratings

Average 79

Availability and Quality of Training

100

Breadth of Features

100

Business Value Created

100

Ease of Customization

100

Ease of Data Integration

100

Ease of Implementation

100

Ease of IT Administration

100

Quality of Features

100

Usability and Intuitiveness

100

Vendor Support

100

Product Strategy and Rate of Improvement

FXCM Reviews

Ranjeet Y.

Role: Information Technology
Industry: Engineering
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted Apr 2024

easy to use

Likeliness to Recommend

9 /10

What differentiates FXCM from other similar products?

FXCM provides traders with access to a wide range of financial markets, including forex, commodities, indices, and cryptocurrencies.

What is your favorite aspect of this product?

one aspect of FXCM that many users appreciate is its no dealing desk (NDD) execution model.

What do you dislike most about this product?

i don't have any dislike

What recommendations would you give to someone considering this product?

Regularly monitor your trading performance, analyze your trades, and adjust your strategies as needed

Pros

Continually Improving Product
Reliable
Saves Time
Respectful

Role: Information Technology
Industry: Banking
Involvement: End User of Application

Validated Review

Anonymous Reviewer

Submitted Dec 2023

Easy to navigate interface. Trade-commision free.

Likeliness to Recommend

8 /10

Pros

Helps Innovate
Reliable
Saves Time
Acts with Integrity

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

9 /10

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

FXCM

What is FXCM?

Company Details

Need Assistance?

FXCM Ratings

84 Likeliness to Recommend

100 Plan to Renew

77 Satisfaction of Cost Relative to Value

Emotional Footprint Overview

+93 Net Emotional Footprint

How much do users love FXCM?

Pros

Feature Ratings Average rating of all product features, some of which may not be shown below

Currency Quotes Includes currency comparisons and real-time currency rates.

Banking Risk Management Includes stress tests, anti-money laundering, risk monitoring, and alerts.

Margin Management Includes position tracking, real-time data updates, and pre-trade margin and limit checks.

Stock Management Includes stock trading, stock ranking, stock charting, and stock analysis.

Currency Exchange Market Management Includes market analysis, market graphics, and market indicators.

Analytics and Reporting Includes historical & real-time dashboard visualizations, detailed & summary reporting and easy data extraction for data analysis.

Multi Currency Includes multi-currency accounting, multi-currency transactions, and multi-currency reporting.

Currency Conversion Includes currency calculator, real-time market rates, and currency exchange.

Collateral Management Includes collateral tracking, valuations, and settlements.

Portfolio Management Includes portfolio composition, investment strategizing, portfolio risk management, and market development and trend analysis.

Trade Management Includes forex trading, real-time trading, trade processing, and automated trading.

Vendor Capability Ratings Average rating of all vendor capabilities, some of which may not be shown below

Availability and Quality of Training Effective and readily available training enables users to get the most out of the software you've chosen. Use this section to make sure your vendor's training programs and materials measure up.

Breadth of Features Users prefer feature rich software that enables them to perform diverse series of tasks. This data expresses user satisfaction with the product's breadth of features.

Business Value Created Software needs to create value for employees, customers, partners, and, ultimately, shareholders. This data expresses user satisfaction - or lack thereof - with the product's business value.

Ease of Customization Don't get bogged down in a difficult customization; use this data to make sure you can easily achieve the functionality you need for your particular situation.

Ease of Data Integration Use this data to determine whether the product will cause headaches or make data integration easy.

Ease of Implementation Successfully implementing new software is necessary to realize its full value and promote end user adoption. This data indicates whether or not the product is easy to implement.

Ease of IT Administration This data indicates whether IT personnel will be able to resolve issues and perform configurations efficiently and effectively.

Quality of Features Feature quality is just as important as quantity. Use this data to determine if this product will do what you're purchasing it to do, easily, intuitively, reliably, and effectively.

Usability and Intuitiveness End user learning curves cost the organization money. Pay attention to your end users' technical ability to determine how important UX is in your purchase.

Vendor Support The importance of vendor support will vary for each organization depending on internal capabilities, but there will always be issues that only the vendor can resolve.

Product Strategy and Rate of Improvement Vendors who don't stay on top of emerging needs and trends won't enable you to meet your business goals. Use this data to separate innovators from imposters.

FXCM Reviews

Ranjeet Y.

easy to use

Likeliness to Recommend

Pros

Easy to navigate interface. Trade-commision free.

Likeliness to Recommend

Pros

Somendra K.

Simple GUI Interface

Likeliness to Recommend

Pros

Cons

Feature Ratings

Currency Quotes

Banking Risk Management

Margin Management

Stock Management

Currency Exchange Market Management

Analytics and Reporting

Multi Currency

Currency Conversion

Collateral Management

Portfolio Management

Trade Management

Vendor Capability Ratings

Availability and Quality of Training

Breadth of Features

Business Value Created

Ease of Customization

Ease of Data Integration

Ease of Implementation

Ease of IT Administration

Quality of Features

Usability and Intuitiveness

Vendor Support

Product Strategy and Rate of Improvement