August 2026 Verified Payouts Tracked: $54.8M+ across 18 Prop Firms
FX

Fxcm

🇬🇧Global Multi-Regulated Broker

Advanced Online Forex and CFD Trading with Institutional Liquidity

4.5 / 5.01200 Verified ReviewsEst. 1999London, United Kingdom
Open Live Account
EUR/USD Spread0.2 pips
GBP/USD Spread0.4 pips
Commission$3.00 / side ($6.00 round turn)
Max Leverage1:30 (Retail FCA/ASIC) | 1:400 (Professional)
Min Deposit$50
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Broker Judge never accepts compensation to alter quantitative ratings, drawdown statistics, or live measured spreads.

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Live Measured Spreads & Trading Costs (8 Assets)

Real-time measured spreads on Raw ECN vs Standard account types for Fxcm.

Test Live Spreads on Demo
Asset / SymbolCategoryRaw ECN SpreadStandard SpreadCommissionExecution
EUR/USDMajor Forex0.2 pips1.2 pips$3.00 / sideNo Dealing Desk (NDD)
GBP/USDMajor Forex0.4 pips1.5 pips$3.00 / sideNo Dealing Desk (NDD)
USD/JPYMajor Forex0.3 pips1.3 pips$3.00 / sideNo Dealing Desk (NDD)
AUD/USDMajor Forex0.3 pips1.4 pips$3.00 / sideNo Dealing Desk (NDD)
XAU/USD (Gold)Precious Metal0.35 pts0.65 pts$3.00 / sideNo Dealing Desk (NDD)
US30 / Dow JonesGlobal Index2.4 pts4.0 pts$0 (Zero)No Dealing Desk (NDD)
BTC/USD (Crypto)Crypto CFD$30.00$50.00$0 (Zero)No Dealing Desk (NDD)
US OIL / CrudeCommodities0.03 pts0.05 pts$0 (Zero)No Dealing Desk (NDD)

Trading Account Models Breakdown

Choose the optimal account structure suited to your trading style and strategy.

Recommended for Scalpers0.0 Pips

Raw Spread (ECN)

Direct institutional liquidity with zero markup on bid/ask quotes.

Commission:$3.00 / side ($6.00 round turn)
Min Deposit:$50
Platforms:MT4, MT5, cTrader
All-Inclusive Pricing0.8 Pips

Standard (STP)

Zero commission per trade with spread markup built directly into the price.

Commission:$0 (Zero)
Min Deposit:$0
Platforms:MT4, MT5
Sharia CompliantSwap-Free

Islamic Account

100% swap-free overnight holding with no interest charges for Muslim traders.

Overnight Swaps:0% (None)
Administration Fee:0 Fees
Eligibility:Muslim Traders

About Fxcm & Server Infrastructure

FXCM is a leading international provider of online foreign exchange trading, CFD trading, and related services. Founded in 1999, the company's mission is to provide global traders with access to the world's largest and most liquid markets by offering innovative trading tools, robust execution quality, and strict regulatory oversight. Client funds are held in segregated accounts with top-tier global banking institutions.

Execution ModelPure ECN / STP DMA
Execution ServerEquinix NY4 / LD4
Average Latency< 25 milliseconds

Supported Ecosystem

Platforms:
Trading StationMetaTrader 4TradingViewCapitalise.aiMobile Apps
Tradeable Markets:
ForexIndicesCommoditiesCryptocurrenciesShares CFDsBasket Indices
Deposit & Withdrawal Methods:
Bank WireCredit/Debit CardSkrillNetellerUnionPay

Regulation & Safety Standards

Regulatory Authorities: FCA (UK), ASIC (Australia), FSCA (South Africa), CySEC (Cyprus)
Segregated Client AccountsTier-1 Australian & UK Banks
Negative Balance ProtectionGuaranteed (100%)
Copy / Social TradingSupported
US Clients AcceptanceNot Accepted

Pros & Cons Analysis

Long-standing industry reputation since 1999
Advanced proprietary Trading Station platform with algorithmic support
Direct integration with TradingView
Extensive educational and market research resources
Non-trading fees can apply for prolonged inactivity
Spreads on standard accounts are wider compared to dedicated raw ECN alternatives

Frequently Asked Questions about Fxcm

What are the typical EUR/USD spreads on Fxcm?

Fxcm offers raw spreads starting from 0.2 pips on ECN/Raw accounts with transparent commission pricing.

What is the minimum deposit required by Fxcm?

The minimum deposit to start trading with Fxcm is $50.

Is Fxcm safe and regulated?

Yes, Fxcm is authorized and regulated by tier-1 authorities: FCA (UK), ASIC (Australia), FSCA (South Africa), CySEC (Cyprus), with client funds held in segregated tier-1 bank accounts.

What trading platforms does Fxcm provide?

Fxcm supports Trading Station, MetaTrader 4, TradingView, Capitalise.ai, Mobile Apps.

Are scalping and automated Expert Advisors (EAs) allowed on Fxcm?

Yes, Fxcm permits all trading styles including high-frequency scalping, news trading, hedging, and automated EA bots with no restrictions.

Verified Trader Reviews

Real withdrawal tests and execution reviews for Fxcm.

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Independent Review Guarantee

Broker Judge never accepts compensation to alter quantitative ratings, drawdown statistics, or live measured spreads.

Side-by-Side Matrix →