What happened to FXCM?
filed for bankruptcy on December 11, 2017. The operating company, known as FXCM Group, is now owned by Jefferies Financial Group, which changed its name from Leucadia National Corporation in 2018. Global Brokerage shareholders lost over 98% of their investment since January 2015.
Is FXCM a good broker?
FXCM is regulated in three tier-1 jurisdictions, making it a safe broker (low-risk) for trading forex and CFDs. In our testing, FXCM earned Best in Class (top 7) for its Platforms and Tools, Education, Professional Trading, Algorithmic Trading and Social Copy Trading.
What is the minimum deposit for FXCM?
The minimum deposit at FXCM is $50.
|
FXCM |
Forex.com |
| Minimum deposit |
$50 |
$100 |
How much does FXCM cost?
Snapshot of FXCM platform
| Feature |
Description |
| Spread fee - AUD/USD |
$0.03 per $1,000 |
| Education and resources |
Yes |
| Does it offer fixed spreads? |
No |
| Leverage |
1:1 - 30:1 on the standard account |
8 more rows
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Dec 15, 2021