Fxcm spread betting reviews
FXCM excels when it comes to the trading experience, as users can open positions via the browser-based platform or mobile app. Interestingly. Overall FXCM are worth using. But their website interface need to be updgraded. Also their spread could be have better offer. (0) Reply. FXCM's competitive dealing spreads will help keep your trading costs down, and active traders can receive monthly rebates that further reduce. MT4 FOREX TUTORIAL VIDEOS
How FXCM regulated? According to FCA regulations, the broker must follow strict financial standards, including capital adequacy requirements, present transparency of business practices accordingly, as well as to keep clients funds under protection while held in segregated accounts. For the globally presented offices, each of them as a branch of Forex Capital Markets Limited, follows country financial authority and licensed accordingly.
In simple words, leverage is a credit shoulder that is given by the broker towards your trading account with a purpose to multiply the trading size of your positions. In fact, leverage can dramatically increase your potential gains, but in reverse may increase your losses too, thus you should use leverage very smartly, do not jump into high leverage levels but define the correct size to each instrument.
Accounts There is a single account at FXCM you are able to trade all range of trading instruments that are included into the offering. The demo account is held open for 30 days, which is plenty of time to see whether you would like FXCM as a broker. The fact that it has support staff available 24 hours a day, seven days a week, every day of the year is a tremendous plus for those who have heavy daily work schedules and can only find time at night for their trading.
FXCM is one of the largest groups offering spread betting, even though a great deal of its business is centred on the Forex markets. The spreads are good, and the trading platform is easy to use and available for spread betting only, or for trading the other financial instruments that it offers as well. It even offers the software in ZIP form, and split into sections for traders on a dial-up connection — which situation is not generally recommended for a daily trader, but could work for a swing trader.
We rate FXCM good value for spread betting and definitely worth a test drive of the free practice account. Social: TopTradr is a companion app to FXCM trading activity -the algorithm analyzes trades from a risk reward perspective with members being ranked according to their score, combining performance, risk reward and consistency — identifying the good traders versus the lucky ones. TopTradr is also a social community, with trade alert, following and sharing features that foster communication.
New traders can follow the best traders to improve their performance, while experienced traders compete for prizes at the top of the leaderboard. Toptradr aims to build a community of profitable, risk responsible traders that will learn from each other in a transparent and open environment.
Mobile Trading: Yes. This application allows users to check live streaming prices and spreads for more than 56 currency pairs whilst on the move. The app also comes with 45 chart indicators, realtime newsfeeds, and live charts which support pinch and zoom functionality.
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