Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

Feature	Detail
Registered Country/Region	Cayman Islands
Found	2004
Regulation	LFSA
Market Instrument	Forex, Indices CFDs, Commodities, and Cryptocurrencies
Account Type	X leverage account and Innovative Liquidity Connector account
Demo Account	yes
Maximum Leverage	1:400
Spread (EUR/USD)	Floating around 0.3 pips
Commission	X Leverage account: no; Innovative Liquidity Connector account: $5 per lot
Trading Platform	MT4, MT5, cTrader and Currenex
Minimum Deposit	$100
Deposit & Withdrawal Method	bank wire transfers, credit cards, Skrill, Neteller, STICPAY, Fasapay, etc.

General Information

Tradeview is an online ECN broker based in the Cayman Islands, founded in 2004. Tradeview is a regulated brokerage firm operating in the Cayman Islands and regulated in Malaysia.The company offers Straight Through Processing (STP) and holds a full license for MT4/5, providing traders with access to various financial markets. Tradeview allows trading in cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and XRP, as well as major stock market indices and commodities like gold, silver, and crude oil. The brokerage offers two trading account options: the X leverage account and the Innovative Liquidity Connector account, catering to different types of traders.

Tradeview supports multiple trading platforms, including Metatrader 4, Metatrader 5, cTrader, and Currenex. These platforms offer advanced features, charting capabilities, and a wide range of technical indicators. The company also provides a comprehensive trading platform, an economic calendar, and educational resources such as a glossary and financial blogs.

Tradeview offers various payment methods, including bank wire transfers, credit cards, and alternative options. However, there have been concerns raised by customers, including difficulties with fund withdrawals, server errors, suspicious trading practices, and lackluster customer support. Some users have also reported discrepancies in payment methods and fees.

Here is the home page of this brokers official site:

Pros and Cons

Tradeview, a regulated brokerage based in the Cayman Islands, offers a diverse range of market instruments, including cryptocurrencies, stock market indices, commodities, and currency pairs. However, there are some drawbacks to consider. The spread values for trading are not provided in the available information, and there is a lack of detailed information on leverage, margin requirements, trading hours, and specific contract specifications. Additionally, there is limited information on trading fees, commissions, and the features and advantages of certain account types and trading platforms. There have been concerns raised by customers regarding difficulties in withdrawing funds, server errors, abnormal trading practices, and poor customer support. These factors indicate a need for further research and caution before engaging with Tradeview as a trading platform.

Pros	Cons
Diverse range of market instruments	Spread values not provided in the table
Access to multiple trading platforms	Lack of detailed information on the Innovative Liquidity Connector account
Demo account available for practice trading	Limited information on account features
Opportunity for traders with limited funds	Limited information on the specific features and capabilities of the trading platforms
Wide range of deposit options	Bank wire withdrawal fee
No fees for most withdrawal methods	Fees for Skrill and Neteller
	Reviews highlighting concerns related to withdrawal issues,

Is Tradeview Legit？

Based on the information provided, Tradeview Ltd is regulated by the Cayman Islands Monetary Authority (CIMA) with license number 585163. However, the provided information indicates that Tradeview Ltd has exceeded its business scope regulated by CIMA and has received a risk alert from WikiFX. The alert suggests that Tradeview Ltd is operating with a license that does not cover its current business activities.

Market Instruments

Tradeview currently offers investors trading in Forex, Indices CFDs, Commodities, and Cryptocurrencies like Litecoin, Bitcoin, Ethereum, Ripple and more.

Cryptos:

Tradeview offers several cryptocurrencies for trading, including BTCUSD (Bitcoin to US Dollar), BTCJPY (Bitcoin to Japanese Yen), ETHUSD (Ethereum to US Dollar), LTCUSD (Litecoin to US Dollar), and XBNUSD (XRP to US Dollar). These instruments allow traders to speculate on the price movements of various cryptocurrencies.

Indices:

Tradeview provides trading opportunities in different indices such as GDAXI (German DAX 30), NDX (NASDAQ 100), AUS200 (Australian 200), FCHI (French CAC 40), SPXm (S&P 500 mini), and WS30 (Dow Jones Industrial Average). Traders can take positions based on the performance of these stock market indices.

Commodities:

The commodities available for trading on Tradeview include GOLD (Gold), SILVER (Silver), CRUDE (Crude Oil), NGAS (Natural Gas), GOLDEUR (Gold to Euro), and UKOIL (UK Brent Crude Oil). Traders can speculate on the price fluctuations of these commodities

Pros and Cons

Pros	Cons
Diverse range of market instruments	Spread values not provided in the table
Opportunity to trade popular cryptocurrencies	Lack of information on leverage, margin requirements, and trading hours
Access to major stock market indices	Limited information on specific commodity contracts
Ability to trade in commodities	Limited information on cryptocurrency trading pairs
Wide selection of currency pairs	No information on trading fees or commissions

Account Types

There are two trading account options available at Tradeview: the X leverage account and the Innovative Liquidity Connector account. The minimum deposit to open an X leverage account is $100, which sounds quite reasonable for most regular traders to have a try.

Tradeview also offers a free live demo account where users can trade across MT4, MT5, cTrader and CurreneX platforms. Users can learn to trade in real-time, and practice trading strategies with technical indicators while avoiding money risks.

How to Open an Account？

To open an account with Tradeview, follow these steps:

1. Go to the Tradeview website.

2. Look for the “Open Account” button on the homepage and click on it.

3. On the account types page, you will see different options. To start with a demo account, click on the “Demo Account” option. If you want to open a live trading account, proceed to the next step.

4. Select the type of account you want to open. Tradeview offers three options: “Individual Application,” “Joint Account Application,” and “Corporate Account Application.” Choose the one that suits your needs and click on it.

5. Fill out the basic information form. Provide accurate details such as your name, email address, phone number, country of residence, and desired account currency.

6. Next, you need to choose a trading platform. Tradeview offers several platforms, such as MT4, MT5, cTrader, and Currenex. Select the platform you prefer for trading.

7. Select the currency type for your account. You can choose between USD (United States Dollar) and EUR (Euro).

8. Proceed to fill in the primary account holder information. This includes personal details like your full name, date of birth, residential address, and occupation.

9. Read and review the Individual Agreement carefully. This document outlines the terms and conditions for opening and using an individual trading account with Tradeview. Make sure you understand and agree to the terms before proceeding.

10. Once you have completed all the required information, click on the “Submit” or “Open Account” button to submit your application.

After submitting your application, Tradeview may require additional documentation to verify your identity and address. This typically includes providing a copy of your identification documents (such as a passport or driver's license) and proof of address (such as a utility bill or bank statement). Make sure to follow any instructions provided by Tradeview to complete the verification process.

Leverage

Leverage differs for each account. For ILC (Innovative Liquidity Connector) accounts, the maximum trading leverage is 1:100 while on X Leverage accounts, it is up to 1:400. The minimum trade size is 0.1 lots on the ILC account and 0.01 lots on the X leverage account.

It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spreads & Commissions

All spreads with Tradeview are a floating type and scaled with the asset class. For example, the EUR/USD spread is floating around 0.3 pips. There is no commission on the X Leverage account, while the Innovative Liquidity Connector account has to pay a commission of $5 per lot.

Trading Platform

Traders are free to choose from four different trading platforms, Metatrader4, Metatrader5, cTrader, and Currenex, depending on their trading experience and trading needs.

Tradeview offers four trading platforms to choose from: Metatrader 4, Metatrader 5, cTrader, and Currenex. These platforms provide traders with advanced tools and features to enhance their forex trading experience.

Metatrader 4 (MT4) is a widely recognized platform in the forex industry. It offers a user-friendly interface, extensive charting capabilities, and a wide range of technical indicators. Traders can execute trades, set up automated trading strategies, and access a vast marketplace of third-party plugins and expert advisors.

Metatrader 5 (MT5) is the successor to MT4 and offers enhanced features and functionality. It provides an improved trading environment, additional order types, advanced analytical tools, and more options for customization. MT5 also allows traders to access various financial markets, including cryptocurrencies.

cTrader is a powerful and innovative trading platform known for its advanced order execution capabilities and comprehensive charting tools. It provides direct market access (DMA) and enables traders to execute trades quickly. cTrader also offers a range of features such as depth of market (DOM), detachable charts, and customizable layouts.

Currenex is a platform designed specifically for institutional and professional traders. It offers deep liquidity, fast order execution, and advanced trading tools. Currenex provides access to a wide range of currency pairs and allows for high-volume trading.

Pros	Cons
User-friendly interface of MT4 and MT5	Limited information on the specific features and capabilities of the platforms
Extensive charting capabilities on MT4 and MT5	No information on the features and advantages of cTrader and Currenex
Access to a wide range of technical indicators on MT4 and MT5	Lack of details on the execution speed and order types offered by each platform
Availability of third-party plugins and expert advisors on MT4	Limited information on the customization options and tools provided by each platform
Direct market access and advanced order execution on cTrader	Insufficient information on the platform's compatibility with different devices and operating systems
Currenex platform tailored for institutional and professional traders	No information on the pricing structure or fees associated with using the platforms

Trading Tools

Tradeview offers two trading tools that provide valuable features and functionality for traders. These tools are designed to assist traders in making informed decisions and executing their trading strategies.

Trading Platform: Tradeview provides a comprehensive trading platform that allows traders to access various financial markets and instruments. The platform offers a user-friendly interface with advanced charting capabilities, real-time market data, and a range of order types for executing trades. Traders can analyze price movements, monitor positions, and implement trading strategies directly from the platform. The trading platform is accessible on desktop computers, as well as mobile devices, enabling traders to stay connected to the markets at all times.

Economic Calendar: Tradeview offers an economic calendar, which is a vital tool for traders to stay updated on important economic events and their potential impact on the financial markets. The economic calendar provides a schedule of upcoming economic indicators, such as GDP releases, interest rate decisions, employment reports, and more. Traders can use this information to anticipate market movements, identify trading opportunities, and manage their risk accordingly. The economic calendar offered by Tradeview is comprehensive and provides relevant data for various regions and countries.

Pros and Cons

Pros	Cons
Comprehensive trading platform	Limited information on contract specifications
User-friendly interface	Lack of information on trading fees
Advanced charting capabilities	Limited availability of trading tools and indicators
Real-time market data	Limited customization options for the trading platform

Trading Hour

Tradeview opens on Sunday at 5 pm EST and closes on Friday at 4:55 EST. Each market is subject to specific trading hours. Forex, Indices and commodities markets are open 24/5 from Monday to Friday. Trading hours for each market can also be viewed on MT4 and MT5 platforms.

Deposit & Withdrawal

Tradeview supports bank wire transfers, credit cards, Skrill, Neteller, STICPAY, Fasapay, and many other deposit and withdrawal methods.

Note that losses can exceed the initial amount invested. Third-party payments will NOT be accepted. All deposits MUST be from the original account owner.

Withdrawals are only released via the same method in which the payment was originally submitted. Tradeview does not charge fees for withdrawals. However, a hefty $35 is charged with the bank wire option and a 1%-1.5% fee for Skrill and Neteller. To submit a request for withdrawals, users have to complete a form on the website with supporting documentation.

Educational Resources

Tradeview offers some educational materials in the form of a glossary list. They also have a website called Surf Up!, which is dedicated to educating about the FX market. The website is updated with daily news and regular financial blogs.

Trading Hours

Tradeview operates during specific trading hours, which are as follows: The trading week starts on Sunday at 5 pm EST and ends on Friday at 4:55 pm EST. The Forex, Indices, and commodities markets are open 24 hours a day, five days a week, from Monday to Friday. For more detailed trading hour information, users can refer to the MT4 and MT5 platforms provided by Tradeview.

Customer Support

Tradeview provides customer support services through various channels. Traders can reach out to their customer service desk 24/5 via instant web chat. Additionally, there is a 'contact us' form available for submitting inquiries, and the support team responds to these queries via email. For direct assistance, traders can contact Tradeview by telephone at the provided numbers. Tradeview is also active on popular social media platforms such as Facebook, Twitter, LinkedIn, and Instagram. Their physical address is located at 4th Floor Harbour Place, 103 South Church St, PO Box 1105.

Reviews

The reviews on WikiFX about Tradeview suggest several concerns and issues raised by customers. One user reported difficulties in withdrawing funds, encountering server errors, and expressing suspicions about the legitimacy of the platform. Another user mentioned experiencing forced liquidation and losses due to abnormal quotations and insufficient margin. Additionally, a customer complained about the broker converting their EURO deposit to RUB without their knowledge and the lack of response from customer support. Another review accused Tradeview of charging BitPay fees but paying clients via Uphold, resulting in delayed transactions and potential losses. Finally, a customer claimed that Tradeview took several days to process their BTC transaction, charged BitPay fees despite using Uphold, and suggested the company intentionally delayed transactions when the Bitcoin price was rising. These reviews highlight concerns related to withdrawal issues, abnormal trading practices, poor customer support, and potential discrepancies in payment methods and fees.

Conclusion

In conclusion, Tradeview has both advantages and disadvantages to consider. On the positive side, Tradeview offers a diverse range of market instruments, including cryptocurrencies, stock market indices, and commodities, providing traders with various trading opportunities. They also offer multiple trading platforms, such as Metatrader 4, Metatrader 5, cTrader, and Currenex, each with its own set of features. Additionally, Tradeview provides educational resources to help users learn about the FX market. However, there are several concerns raised by customers, including difficulties with fund withdrawals, server errors, suspicions about the platform's legitimacy, forced liquidation, and potential discrepancies in payment methods and fees. It is important for potential traders to carefully evaluate these factors before deciding to engage with Tradeview.

Frequently Asked Questions (FAQs)

Q 1:	Is Tradeview regulated？
A 1:	Yes. It is regulated by LFSA.

Q 2:	At Tradeview, are there any regional restrictions for traders？
A 2:	Yes. The services and products offered by Tradeview are not being offered within the United States (US) and are not being offered to US Persons, as defined under US law. The information on this website is not directed to residents of any country where FX and/or CFD trading is restricted or prohibited by local laws or regulations.

Q 3:	Does Tradeview offer demo accounts？
A 3:	Yes.

Q 4:	Does Tradeview offer the industry-standard MT4 & MT5？
A 4:	Yes. Tradeview supports MT4, MT5, cTrader and Currenex.

Q 5:	What is the minimum deposit for Tradeview？
A 5:	The minimum initial deposit to open an account is $100.

Q 6:	Is Tradeview a good broker for beginners？
A 6:	Yes. Tradeview is a good choice for beginners because it is regulated well and offers various trading instruments with competitive trading conditions on the leading MT4 and MT5 platforms. Also, it offers demo accounts that allow traders to practice trading without risking any real money.

FXCM Review Summary in 10 Points
Founded	1999
Headquarters	London, UK
Regulation	FCA, ASIC, CYSEC, FSCA
Market Instruments	currency pairs, precious metals, commodities, global stock indices, treasury bonds
Demo Account	Available
Leverage	1:30-1:400
EUR/USD Spread	1.3 pips
Trading Platforms	Trading Station, TradingView Pro, MetaTrader 4, ZuluTrade, Capitalise AI
Minimum deposit	$50
Customer Support	24/5 phone, email, and live chat
Promotions	Yes

What is FXCM？

FXCM is a retail forex broker that was founded in 1999. The company is headquartered in London, UK, but has offices and affiliates in a number of other countries, including Australia, Germany, France, Italy, Greece, Hong Kong, Japan, South Africa, and the United States.

The company provides online trading services in forex, contracts for difference (CFDs), and other financial instruments. FXCM offers various trading platforms including the popular MetaTrader 4 (MT4), Trading Station, TradingView Pro, ZuluTrade, Capitalise AI. The broker provides customer support in multiple languages and offers educational resources and market analysis tools to help traders make informed trading decisions.

What Type of Broker FXCM is？

FXCM is a retail forex and CFD broker that operates as a No Dealing Desk (NDD) broker. This means that FXCM does not take the opposite side of clients' trades and instead uses Straight Through Processing (STP) to send client orders to liquidity providers in the interbank market. This model is designed to provide traders with faster execution and more transparent pricing. FXCM also offers commission-based pricing, as opposed to spreads, which may appeal to traders who prefer a more transparent fee structure.

Pros & Cons

FXCM is a well-established and reputable forex broker with over two decades of experience in the industry. Its strengths include its comprehensive educational resources, a wide range of trading instruments and platforms, and a global presence. FXCM also offers competitive pricing and flexible account options, making it accessible to traders of all levels.

However, FXCM's weaknesses include limited deposit and withdrawal options, high fees for certain services, and the potential for slippage during periods of high volatility. Some traders have also reported issues with customer support, particularly in non-English speaking regions.

Pros	Cons
• Regulated by FCA and ASIC	• US clients are unaccepted
• Commission-free trading available on Standard accounts	• Limited product offerings beyond forex and CFDs
• Multiple trading platforms to choose from, including MetaTrader 4 and Trading Station	• Limited educational resources compared to some other brokers
• Competitive spreads on forex pairs	• Limited research and analysis tools
• No deposit or withdrawal fees	• Limited customer support availability on weekends
• Low minimum deposit requirement	• Limited payment options

It's worth noting that the pros and cons listed above are not exhaustive and may not necessarily apply to every trader's individual experience with FXCM.

Overall, FXCM can be a good choice for traders who prioritize education and a diverse range of trading options, but it may not be the best fit for those who require a specific deposit or withdrawal method, or who prioritize low fees above all else.

Is FXCM Safe or Scam？

FXCM is a legitimate broker with a long-standing reputation in the industry. The company is regulated by top-tier financial authorities, such as the FCA in the UK, the ASIC in Australia, CYSEC in Cyprus and FSCA in South Africa, which ensures that it operates under strict financial and ethical guidelines. FXCM also has a solid track record of handling client funds in a secure and responsible manner.

However, like any broker, there are potential risks involved in trading, such as market volatility and the possibility of losses. It's important to carefully evaluate the risks and benefits before deciding to trade with any broker.

How are you protected？

FXCM provides negative balance protection and offers its clients access to segregated accounts, providing additional security measures. More details can be found in the table below:

Protection Measure	Detail
Regulation	FCA, ASIC
Segregated Funds	Yes
Investor Protection	Up to £85,000
Negative Balance	Yes
Financial Audit	Yes
Insurance	No

Note: The table only includes a few of the many safety measures that FXCM employs to protect its clients.

Our Conclusion on FXCM Reliability:

FXCM is a well-regulated and reputable broker with a long-standing history in the industry. The company is regulated by top-tier financial authorities and has multiple licenses, demonstrating a commitment to client protection.

However, FXCM has faced regulatory penalties in the past and the company's reputation was negatively impacted. Overall, while FXCM has had some past issues, the broker has taken steps to address them and appears to be a reliable choice for traders.

Market Instruments

FXCM offers investors a diverse range of tradable instruments, including currency pairs, precious metals, commodities, global stock indices, treasury bonds, as well as a forex basket, a stock basket, CNH, and other popular products.

Account Types

There are two types of accounts: Regular Accounts and Premier Accounts. Regular accounts have a minimum deposit of $50 and allow investors to trade up to 39 popular currency pairs and the entire CFD range.

The Premier Account is designed for high-volume investors and requires, firstly, an FXCM account or a new account, a total USD notional trading volume of $10 million per natural month. The account offers investors a range of benefits: exclusive support, premium services, and tailor-made trading solutions.

Leverage

FXCM offers different leverage levels based on the jurisdiction of the client and the type of trading account. In general, FXCM offers leverage up to 1:400 for forex trading, and up to 1:200 for CFD trading on certain instruments. It's important to note that high leverage increases the potential for both profits and losses, so traders should use it with caution and have a good risk management strategy in place.

It's also worth noting that different regulatory bodies have different restrictions on leverage. For example, in the United States, the maximum leverage for forex trading is limited to 1:50, while in Europe, it's limited to 1:30 for retail clients. Traders should always check the specific leverage restrictions for their jurisdiction and account type before trading.

Spreads & Commissions

The spreads are 1.3 pips for EUR/USD, 2.3 pips for EUR/GBP, and 1.8 pips for AUD/USD. The Premier account offers investors a cashback offers. If a client trades EUR/USD pair and reaches $300 million in notional volume for the month (for the fifth step), then the cashback amount is $25/million, for a total cashback amount of $7,500. The cashback for equity index CFD products ranges from $1 to $3 per million USD.

Below is a comparison table about spreads and commissions charged by different brokers:

Broker	EUR/USD Spread	Commission
FXCM	1.3 pips	$25/1M traded
IG	0.6 pips	No
Oanda	0.9 pips	No
Pepperstone	0.0 pips	AUD $3.5 / side / 100k traded
XM	0.6 pips	No
Plus500	0.6 pips	No

Note: Spreads can vary depending on market conditions and volatility.

Promotions

FXCM provides rebates through three channels: Rebate Program, Friends and Family, Accounts Promotions. Account promotions, particularly, gives traders most benefits. To benefit from these promotions, traders simply need to open an account and register for the promotion by filling out the designated form. Upon account activation, making a deposit within 24 hours qualifies traders for the highest bonus of 5%, while those depositing within one month of activation can enjoy a 2-3% bonus. The bonus amount is then credited to the trader's account within 14 business days of the deposit, enabling them to boost their trading capital right from the start.

Trading Platforms

FXCM offers a comprehensive platform suite designed ffor various trading needs:

Trading Station: Proprietary advanced platform

TradingView Pro: Powerful charting and analysis

MetaTrader 4: Industry-standard user-friendly platform

ZuluTrade: Social trading, copy successful strategies

Capitalise AI: AI-powered automated trading and portfolio management

Overall, FXCM's trading platforms offer a range of advanced features and tools that can appeal to traders of all levels and styles.

Broker	Trading Platform
FXCM	Trading Station, TradingView Pro, MetaTrader 4, ZuluTrade, Capitalise AI
IG	IG Trading, MetaTrader4
Oanda	Oanda Trade, MetaTrader4, Oanda Web Trading
Pepperstone	MetaTrader4, MetaTrader5, cTrader, Pepperstone Webtrader
XM	MetaTrader4, MetaTrader5
Plus500	Plus500 WebTrader, Plus500 Windows Trader

Deposits & Withdrawals

FXCM welcomes several payment methods, including online banking payments, bank transfers, and other payments. The minimum single deposit for CUP is $100, and the minimum deposit for a credit card or wire transfer is $50. Besides, traders can withdraw funds once a month for free.

Minimum deposit requirement

The minimum deposit requirement for FXCM varies depending on the account type and the region of the client. For example, in the UK and some other regions, the minimum deposit for a Standard account is £300 or equivalent in another currency, while for the Mini account, it is £50 or equivalent.

However, in some other regions, such as the US, the minimum deposit for a Standard account is $5,000, while for the Mini account, it is $50. It is important to check the minimum deposit requirement for the specific account type and region before opening an account with FXCM.

FXCM minimum deposit vs other brokers

	FXCM	Most other
Minimum Deposit	$50	$100

FXCM Money Withdrawal

To withdraw funds from your FXCM account, you need to follow these steps:

Step 1: Log in to your FXCM account on the FXCM website.

Step 2: Click on the “MyFXCM” menu and select “Withdraw.”

Step 3: Select the account you wish to withdraw from and choose your withdrawal method.

Step 4: Enter the amount you wish to withdraw and provide any additional information that may be required for your chosen withdrawal method.

Step 5: Review and confirm your withdrawal request.

Step 6: Once your withdrawal request has been processed, you will receive an email confirmation with details of the transaction.

It's important to note that the time it takes for your funds to be withdrawn will depend on the withdrawal method you choose and the processing times of your bank or payment provider.

Fees

Apart from spreads and commissions, FXCM also charges overnight fees. Overnight fees, also known as swap fees, are charged for positions that are held overnight.

FXCM does not charge any deposit fees, but there are withdrawal fees depending on the withdrawal method used. For example, bank wire withdrawals are subject to a $40 fee, while credit card withdrawals are subject to a 1.8% fee.

Inactivity fees may also be charged if an account is inactive for a certain period. For example, FXCM charges an inactivity fee of $50 per year if there are no trades or open positions for 12 months.

It is important to review the fee schedule on FXCM's website before opening an account to ensure a full understanding of the fees associated with trading.

See the fee comparison table below:

Broker	Deposit Fee	Withdrawal Fee	Inactivity Fee
FXCM	Free for most methods	Free for most methods	$50/year
IG	Free	Free	$18/month
Oanda	Free	Free	$10/month
Pepperstone	Free	Free for Australian bank transfer, $20 for international wire transfer	$0
XM	Free	Free	$5/month after 90 days of inactivity
Plus500	Free	$10	$10/quarter

Please note that these fees may be subject to change and may vary depending on your location and account type. It's always a good idea to check with the broker directly for the most up-to-date information.

Customer Service

FXCM offers customer support via phone, email, and live chat 24/5 during market hours. They also have a FAQ section on their website to provide answers to common questions. FXCM provides localized support in various languages and countries, and they have a team dedicated to handling account-related inquiries.

In addition, they offer remote assistance through TeamViewer to assist clients with any technical issues they may encounter. Overall, FXCM is known for their responsive and helpful customer support.

Pros	Cons
• 24/5 customer support through phone and chat	• No 24/7 customer support
• Multilingual support	• No local office in some countries
• Comprehensive FAQ section on the website	• No dedicated account manager
• Personalized support for VIP clients	• Some clients report slow response times for inquiries

Note: The above information is based on general feedback from clients and may not be applicable to every individual experience.

Education

FXCM offers a range of educational resources to help traders improve their knowledge and skills. Some of the educational resources available on the FXCM website include:

• Webinars: Live and recorded webinars covering a variety of trading topics, including market analysis, technical analysis, and trading strategies.

• Video library: A collection of videos covering various trading topics, including trading psychology, chart patterns, and trading platforms.

• Trading guides: In-depth guides on various trading topics, including Forex trading, stock trading, and trading psychology.

• Forex news: Daily updates on market news and analysis from FXCM's team of experts.

• Trading signals: Trading signals based on technical analysis and market trends.

Conclusion

In conclusion, FXCM is a well-established and reputable broker that offers a range of trading instruments and account types with competitive spreads and commissions. The broker's trading platforms are user-friendly and offer advanced features for traders of all levels. Additionally, FXCM provides educational resources and excellent customer support, including 24/5 support in multiple languages.

However, FXCM does have some drawbacks, including the lack of negative balance protection and the high inactivity fee. The broker is also not available in all countries, which may limit accessibility for some traders. Overall, FXCM is a reliable and trustworthy broker that can meet the needs of both beginner and experienced traders.

Frequently Asked Questions (FAQs)

Q 1:	Is FXCM regulated？
A 1:	Yes. It is regulated by FCA and ASIC.

Q 2:	Does FXCM offer demo accounts？
A 2:	Yes.

Q 3:	Does FXCM offer industry-standard MT4 & MT5？
A 3:	Yes. It offers MT4 and Trading Station.

Q 4:	What is the minimum deposit for FXCM？
A 4:	The minimum initial deposit to open an account is $50.

Q 5:	Is FXCM a good broker for beginners？
A 5:	Yes. It is a good choice for beginners because it is regulated well and offers various trading instruments with competitive trading conditions on the leading MT4 platform. Also, it offers demo accounts that allow traders to practice trading without risking any real money.