FXCM is a leading global provider of foreign exchange (currency) trading and related services to retail and institutional customers. Founded in 1999, FXCM was the first forex broker to list on the New York Stock Exchange (NYSE: FXCM).
THE FXCM ADVANTAGE
Trade on FXCM’s award-winning Trading Station and take advantage of mobile and web platforms, one-click order execution and trading from real-time charts. However, the heart of our business is our No Dealing Desk forex execution. Our large network of forex liquidity providers, including global banks, financial institutions, prime brokers and other market makers, allows us to offer competitive spreads on major currency pairs. Serious traders expect orders to be filled quickly, at the best price available, and nothing less. This is what FXCM delivers. When the No Dealing Desk receives your order, we fill at the best available price streamed from our liquidity providers.
One of the advantages of our No Dealing Desk execution is that we make money on a per trade basis, so we benefit from successful traders. Therefore, we focus heavily on providing educational services to help you become better traders. Through DailyFX.com, we offer free news and market research, on-demand educational videos, live instructor sessions, and ongoing trading support by the course instructors.
We are regulated and have offices in a number of global jurisdictions including the United States, the United Kingdom, Hong Kong, France, Italy, Germany, Greece, and Australia. With offices, partners and affiliates in the world’s major financial centers, we are uniquely positioned to provide exceptional service to forex traders around the world. View FXCM’s International Offices.
We take regulation and financial transparency very seriously—we meet strict financial standards, including capital adequacy requirements. As a vocal advocate of financial services regulation and increased investor protection, our companies are registered with and regulated by some of the most respected regulatory bodies in the world. The U.S. regulatory framework is widely regarded as one of the best in the world for investor protection. View FXCM’s Financials.
We have received numerous awards from the forex trading and investment community, including Best Retail Broker North America from Global Financial Market Review (2013), Customer Service, Overall Client Satisfaction and Online Education Materials from Investment Trends (2013), Best Sell-Side Analysis Contributor: DailyFX from FXstreet.com (2013), Best Proprietary FX Platform from Forex Magnates (2012) and more. View FXCM’s Awards and Accolades.
Top Rated Forex Brokers – 2016
With hundreds of Forex brokers to choose from, selecting the right one can be both challenging and time consuming. To ease the process, we’ve tested and reviewed dozens of the top Forex brokers and compiled our findings into thorough Forex brokers reviews. But don’t just take our word for it – each Forex broker review also includes feedback from real traders, so that you can make a comfortable, informed decision.
When researching the best online Forex brokers there are many aspects to consider. Regulated brokers are certainly the most secure and for this reason alone we only recommend regulated entities as our top Forex brokers. However, among those with regulation you’ll also want to look at their spreads, leverage and asset offerings. You can do this quickly and easily by reading our Forex broker reviews and checking our Forex broker ratings. But don’t take our word for it alone – we encourage you to test out a few of our top Forex brokers using their free demo accounts so that you can feel entirely confident that you’ve chosen the best Forex broker for your specific needs.
Finding the Best Forex Broker – FAQ
Finding the best forex broker for your needs takes some research. Hundreds of online brokerage firms now compete for your account, so plenty exist to choose from. Check out our recommended top list above, or read our FAQ below with excellent points to consider before choosing your broker, or see this extensive five step guide on how to choose a forex broker.
Finding the best forex broker that has a fast execution capability, a reliable trading platform and which can be trusted with your account deposit might be the first things you will want to assure yourself of. Other sweeteners can include account opening bonuses and other features like mobile trading and SMS market alerts.
Basically, you want a forex broker you can trust to handle your money and your trades so that you can get on with the business of trading forex without worries. Anyway, to make the process of finding a broker simpler, the list above covers most of the key comparison points between forex brokers so that you can be better prepared for a successful search.
In the end of this page you will find many more brokers that did not make the top list, you can still read our reviews of them and give your comments on them or share your experience from them.
But first we will go through some of the criteria and features you should look for when searching for the best forex broker for you.