FXCM Reviews

Review Date: 1-May-2008

From: Warren

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Review: Good technology and security. Trading on the news with them is a nightmare.

Review Date: 9-Apr-2008

From: Van

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Review: I'm using the FXCM demo account and I'm delighted with the platform, info and customer support they offer. I even took one of their courses but unfortunately these courses aren't much helpful.

Review Date: 28-Feb-2008

From: George

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Review: The fractional spreads are a good improvement. Unfortunately, the slippage during volatility continues to be a tradition on FXCM.

Review Date: 11-Feb-2008

From: Tom

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Review: FXCM customer support goes from extremely good to extremely bad. When they're trying to sell you something (usually a course) or trying to convince you to open a real account, they are all nice and helpfully. When you're a customer and suffer a slippage that affects you, they kick you out of the chatroom. That's not honesty.

Review Date: 27-Jan-2008

From: Lawrence

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Review: FXCM is probably one of the most secure forex brokers. Execution fills are bad (during volatility), the trading platform is good and the customer support is average.

Review Date: 9-Jan-2008

From: Richard

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Review: One of the safest brokers to use. With so many scams on Forex I can't even understand why people open accounts in offshore brokers. FXCM is regulated. I also love the platform and support staff.

Review Date: 12-Dec-2007

From: Mallory

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Review: IMO FXCM is a safe broker. The support team is good and the spreads and executions are decent.

Review Date: 30-Nov-2007

From: Zack

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Review: It seems everywhere I go I see bad reviews about FXCM. It seems people lose money because they don't know how to trade and decide to blame their broker. FXCM execution during news is not good. No question about it. However, there's no broker on the market that can guarantee fills during high volatility periods. At least, FXCM is a safe and regulated broker. Most of their competitors can't say the same. Besides this, they offer plenty of information, charts and a good trading platform for free. And the customer support is one of the best in the market.

Review Date: 12-Nov-2007

From: Peter

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Review: FXCM is much better than they used to be. They no longer trade against their customers and they probably are one of the safest brokers to open a real account.

Review Date: 28-Oct-2007

From: Thomas

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Review: I had bad experiences with FXCM, and reading other people's comments I realized I wasn't the only FXCM victim. They manipulate prices, they execute limit orders as they were market orders (with huge slippage) and they won't be there to solve your problems. If I could I would give them zero stars.

Review Date: 25-Oct-2007

From: Chuck

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Review: When I used the demo account I was delighted with FXCM. When I opened a real account I found out the real FXCM. Execution is terrible and when you have any serious problem and visit the support department chat, they kick you out of the chat room.

Review Date: 18-Oct-2007

From: Barry

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Review: Trade with them at your own risk! FXCM trades against you and they will only stop when you lose all the money on your account!

Review Date: 5-Oct-2007

From: William

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Review: Their "trading signals" appear to be always wrong. The trading platform is great but that doesn't help much when they don't execute orders during high volatility periods.

Review Date: 17-Sep-2007

From: Paul Yard

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Review: They have a good platform, good tools and good customer support. The bad thing about FXCM is the execution, which makes your job much harder.

Review Date: 11-Sep-2007

From: Tim Brown

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Review: If you're just starting on forex, you can use FXCM, if you don't trade during news. The problem is this: without news, there's not much volatility, and when the news come out, FXCM can't fill them, so they get useless. I don't give 1 star because FXCM can be useful for beginners. But for everyone else, FXCM is not a good choice.

Review Date: 4-Sep-2007

From: Jason T.

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Review: I'm new to forex, and just opened an account with FXCM. So far I'm happy with them, specially with their support staff.

Review date: 30-Aug-2007

From: Herbert J.

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Review: They are a good broker for beginners. Good tools, spreads and even education. The only bad thing about FXCM is that once in awhile, it seems the price moves in their platform, just to hit your stop loss, and then, reverses and moves on the direction of the trade. If it's not manipulation, at least it seems.

Review Date: 28-Aug-2007

From: Frederick M.

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Review: Trade on the news with FXCM, and they will eat you alive! Contact the support team when you feel they have robbed you, and they will kick you out of the chat room. Don't even think in using these guys!

Review FXCM now.