Score

8.14 /10
Good

FXCM

Australia

15-20 years

Regulated in Australia

Market Making(MM)

MT4/5 full license

Regional Brokers

High potential risk

Benchmark

AA

Influence

AA

Influence

E

Open Account
Website

Score

License Index9.16

Business Index9.07

Risk Management Index0.00

Software Index9.75

Regulatory Index9.13

The WikiFX Score of this broker is reduced because of too many complaints!

Benchmark

AA

Influence

AA

Influence

E

Website
Open Account

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open for free

Broker Information

More

Company Name

FXCM AUSTRALIA PTY LIMITED

Company Abbreviation

FXCM

Platform registered country and region

Australia

Company website

Twitter

Facebook

YouTube

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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WikiFX Risk Alerts
Previous Detection : 2022-09-28
  • The number of the complaints received by WikiFX have reached 14 for this broker in the past 3 months, please be aware of the risk and the potential scam!

WikiFX Verification

FXCM · Benchmark
Average transaction speed(ms)
465.9
The highest transaction speed(ms)
203
The highest speed of opening positions(ms)
203
The highest speed of closing position(ms)
219
The lowest speed of opening positions(ms)
781 Great
The lowest speed of closing position(ms)
1953
Ranking: 31 / 120
Test user 455
Transactions 2,165
Ocuppied margin $1,196,145 USD
Data Source WikiFX Data provide
Updated: 2022-08-31 23:08:00
Pyramid scheme complaint
Expose

    Total Margin Trend

    • VPS Region
    • User
    • Products
    • Closing time
    • Hongkong
    • 419***
    • NAS100
    • 09-27 18:38:57
    • Singapore
    • 180***
    • NAS100
    • 09-27 18:38:54
    • Tokyo
    • 170***
    • EURUSD
    • 09-27 18:00:58

    Stop Out

    0.76%

    Stop Out Symbol Distribution

    6 months

    Sources

    News

    NewsFXCM Inc. and Drew Niv Are Requesting A Review Of The Summary Judgment Order

    According to the plaintiffs, the truth about this financial relationship was revealed three years after it ended on February 6, 2017, when news broke that FXCM had settled with the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA) regarding its relationship with Effex.

    WikiFX
    2022-09-22 16:29
    FXCM Inc. and Drew Niv Are Requesting A Review Of The Summary Judgment Order

    NewsThe 5 Best Copy Trading Forex Brokers in August

    Copy trading platforms are important in the forex industry. Anything traders invests in will be replicated in the user’s own portfolio-paving the way for a passive trading experience. In today’s article, we will list 5 best copy trading forex brokers in August. And you should not miss it.

    WikiFX
    2022-08-19 17:07
    The 5 Best Copy Trading Forex Brokers in August

    NewsFXCM Made Spreads Adjustments on Major Currency Pairs Down By 54%  

    The Forex Capital Markets (FXCM) Group, a provider of online forex and contracts for difference (CFD) trading services, announced spread reductions on key currency pairs and indices on its platform on Monday.

    WikiFX
    2022-07-26 12:31
    FXCM Made Spreads Adjustments on Major Currency Pairs Down By 54%  

    NewsChecking FX Brokers’ FCA Licenses in A Few Seconds

    As forex trading becomes more popular, more fraudulent brokers are beginning to lurk in this profitable market. Before one aims to make profits from the forex market, it is important to have the skills to identify fraudulent brokers. In today’s article, WikiFX will show you how to verify a broker’s regulatory status in just a few clicks.

    WikiFX
    2022-07-13 16:38
    Checking FX Brokers’ FCA Licenses in A Few Seconds

    NewsIlies Larbi, a Former FXCM Employee, Has Launched a New Cryptocurrency Exchange, Ouinex

    Larbi was most recently the Global Head of Retail Partnerships. He held that position for the last year and a half. He began his career at FXCM in 2007 as an FX Sales associate and worked his way up to senior management.

    WikiFX
    2022-05-10 10:52
    Ilies Larbi, a Former FXCM Employee, Has Launched a New Cryptocurrency Exchange, Ouinex

    NewsGlobal Brokerage Sees Total Net Revenues of $31.11M during Q1 2022

    Global Brokerage Inc., owner of FXCM, an online Forex trading and CFD broker, released on Wednesday its unaudited financial results for the first quarter of 2022.

    WikiFX
    2022-05-05 09:49
    Global Brokerage Sees Total Net Revenues of $31.11M during Q1 2022

    NewsWikiFX' Global Market and Broker Outlook for CFD/Forex Trading in 2022

    According to WikIFX, retail CFD/Forex Trader numbers and volumes remain at record levels with over of 8.5 million traders (excluding Japan) being active in the market as continued volatility and hedging requirements create demand for OTC derivative products.

    WikiFX
    2022-04-04 15:16
    WikiFX' Global Market and Broker Outlook for CFD/Forex Trading in 2022

    NewsNon-Farm Payroll

    The dollar index, which measures the greenback against a basket of six rivals, was steady at 94.327 after rallying 0.51% overnight. That lifted it into the positive for the week, adding 0.20%.

    WikiFX
    2021-11-05 15:32
    Non-Farm Payroll

    NewsFXCM UK Generates $4.9 Million Profit in 2020 with Volatility Boost

    The revenue of the broker in the period came in at $15.46 million

    WikiFX
    2021-07-28 10:32
    FXCM UK Generates $4.9 Million Profit in 2020 with Volatility Boost
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    United States
    ※ The content of this website abides with local laws and regulations.
    You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
    consumer hotline:006531290538
    Official Email:support@wikifx.com;
    Mobile Phone Number:234 706 777 7762;61 449895363
    Telegram:+60 103342306
    Whatsapp:+852-6613 1970;+44-7517747077
    License or other information error corrections, please send the information to:qawikifx@gmail.com
    Cooperation:fxeyevip@gmail.com