• Wide range of product offerings
  • TradingView charts built into web platform
  • Regulated by FCA (U.K.) & CFTC, NFA (U.S.)
  • Offers protection for U.K./E.U. client accounts
  • Rebates for high-volume traders
  • No account protection for U.S. clients
  • No guaranteed stop losses for U.S. clients
  • Problem with credit card withdrawal
  • Desktop platform not user-friendly

Reviewed broker:

Operated by: the broker is a subsidiary of GAIN Capital Holdings.

Regulation: US Commodity Futures Trading Commission CFTC, National Futures Association NFA, FCA (UK), ASIC (Australia), ILLROC (Canada), SFC (Hong Kong), FFAJ (Japan)

2017, FXCM reached a settlement related to charges by the National Futures Association (“NFA”) and the Commodity Futures Trading Commission (“CFTC”) to withdraw from the US market. A non-binding letter of intent has been signed with GAIN Capital Holdings (owner of the retail brand to transfer all accounts at no expense to the customer. No date has been set for the transition yet.

Location: USA

Representative offices: US, UK, Canada, Japan, and Australia

USA Traders: allowed

Established in 1999

Trading instruments: Forex, Indices, Stocks, Crypto, Commodities, Bullion

Execution type: Market Maker

Latest awards: 2022 Dubai Forex Expo Best HNW Service

Trading Conditions and Features

Base currency: EUR, USD, GBP, PLN, CHF’s account opening is seamless and fully digital, with a low minimum deposit. On the other hand, account verification takes around 2 business days, which is not the fastest on the market.

Clear & competitive pricing

Maximize your potential with straightforward pricing and exceptional trade executions.

Real time market analysis

Stay ahead of price action with access to actionable market insights, real time trade signals and more.

Quality execution on every trade

Many brokers claim to have superior execution, but do they have the numbers to back it up? We do.

Transparent, competitive pricing

Get the most out of every trade with our clear, competitive pricing. No complicated schemes, no small print.

No commissions

The cost of trading is reflected in the spread.

Web-based interface: yes

Download interface: yes

Currency pairs: 50

Maximum leverage: 1:50 (for USA traders) , 1:200

Real-time charting: yes

Pattern recognition Autochartist: yes

Minimum trade size: 0.01

1 click trading: yes

Advanced order types: OCO, if/then, trailing stops

Demo account: available, but limited, however can be renewed upon request

Segregated accounts for client funds: no

Islamic swap-free accounts: no

Managed accounts: available

Spread types: variable

Educational material: yes

Trading signals: yes

Scalping: allowed

Hedging: not allowed

Automated trading: available

VPS Hosting – Expert Advisor VPS hosting is ideal for clients who wish to run their EAs around the clock during trading hours, without managing them on their own computers.

API trading: yes 

Negative protection: does not offer “negative balance protection” for U.S. clients. This means that U.S. traders with negative account balances are on the hook for more money than they initially deposited into their accounts.

Stop loss orders GSLO: does not offer guaranteed stop loss orders (GSLO) for U.S. clients.

Standard trading account

Ideal for traders looking for the traditional trading experience, our standard account offers competitive spreads, advanced trading platforms, and all our markets.

Variable spreads as low as 0.8

Technical insights, market buzz and analyst views

Fully integrated calendar, Reuters news, research and account management

Performance Analytics, a tool that analyzes your past trading behavior to produce helpful insights

MT4 and MT5 trading account with MetaTrader combines exclusive tools with tight spreads and superior execution.

Variable spreads as low as 1.0

Technical insights, market buzz and analyst views

Fully integrated calendar, Reuters news, research and account management

Added technical indicators, timeframes, and the ability to trade stock CFDs exclusively on MT5

Trade on a new, improved MetaTrader while maintaining your access to the unique advantages of

  • Explore 500+ markets including stocks via CFDs, FX, commodities, & indices
  • Utilize enhanced charting with more timeframes, indicators, and tools
  • Expand your portfolio with intuitive market search and groupings

RAW Spread Account

For traders looking to access truly tight spreads – FX majors as low as 0.0 – with low commissions.

$5 USD commission per $100k USD traded

All the great features offered by our other types of accounts, but with the additional benefit of significantly reduced spreads

Trading Platform

MetaTrader 4 and Metatrader 5

Experience MT4 at its best with reliability, integrated insights and account management features.

  • Integrated Reuters news and global market research
  • Free EA hosting capabilities
  • Web and mobile trading support

Use MT5? Get exclusive tools with

  • FX BlueGet a suite of over 20 apps including custom indicators and nine expert advisors, such as the Sentiment Trader.
  • Integrated Reuters news Unlike most  MetaTrader platforms, you’ll have free access to integrated Reuters news.
  • Seamless experience Tap into the platform’s features in real-time and with no third-party bridges.


Trade your account with TV’s suite of renowned charts, exclusive trader tools, and ideas directly from their industry-favorite site —

  • Trader CommunityGet ideas and feedback on your strategies, follow your favorites, join live streams, choose from thousands of custom indicators, and much more with the largest social community of traders.
  • Industry-leading technical analysisTrade directly from the charts by dragging and dropping entry and exit points, choose from over 80 default indicators as well as custom indicators custom built using PineScript.
  • ScreenerScan all markets quickly and easily to identify opportunities based on technical oscillators, performance, volatility, trend ratings, price changes, and more.
  • Dynamic alertsIf you can think of a situation, you can set an alert on it. Is a market reaching a support or resistance? MACD crossing a key level? Ensure that you never miss out. You can also choose how you want them to be sent to you – text, email, and push notifications are all available.
  • Market dataEasily spot unique opportunities by overlaying equities and commodity markets over your FX charts with access to several exchanges and thousands of markets. Compare the pricing of markets you are trading against other markets, like oil and EUR/USD to track all the movement easily.
  • Mobile AppAccess TradingView from their iPhone or Android mobile app so you never miss an opportunity.

Payment methods within

The minimum initial deposit is $100 or currency equivalent. 

Payment methods include credit cards, wire transfer, Skrill and Neteller

Customer Service

Online chat: available

Email support: yes

Phone representatives: yes

Educational Material and Promotions

Education: steaming market commentary, market research and review, trading central, reuters news, economic calendar, Tutorials for Beginner, Intermediate and Advanced traders, Platform Tutorials, fundamental and technical analysis

Promotion: during our review we were unable to find any promotional bonus offers from the broker.

How was the rating of performed compared to other brokers? 

This 2024 Forex Broker Review  has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on FX broker performance and features. 

Overall our online review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online or you find inaccurate details  broker review please get in touch with us and the changes will be applied. 

© 2007 – 2024 Trading financial instruments carries high level of risk to your capital with the possibility of losing more than your initial investment. This site will not be held liable for any loss or damage in result from using the information within the site including forex Broker reviews 2024, market analysis, trading signals, learning resources and comparison tables. The data within this website is not necessarily real-time nor accurate and do not represent the recommendations of the employees. Currency trading is not suitable for all investors. Before deciding to trade currency or any other financial instrument please consider consider your investment objectives, level of experience, and risk appetite. While we do our best to provide up-to-date information, we strongly encourage you to verify it directly with the broker of your choice.