Computing and Internet
FXCM.com Review FXCM Forex Capital Markets Review
Last Updated (Friday, 07 August 2009 21:02) Written by Administrator Friday, 07 August 2009 20:54
What does the website offer?
FXCM stands for FOREX capital markets. It is one of the best-known trading platforms for online FOREX trading. You can trade many different currencies including USD, EUR, GBP, CHF, JPY, and CAD. Especially for private traders, they offer a so-called micro account with a minimum opening of $25 and free trading signals. A micro account is offered exclusively to private investors and has limited functionality e.g. no live chat or phone support. But its design reduces the costs for its users.
Who can trade on their platform?
FXCM is offered for users in different countries. For a better usability, the website is translated into different languages. The platform is used by private traders as well as professional traders. Recently, the trade volume on all accounts is $500 billion per month. They work together with the largest and most successful banks worldwide. You can trade at any time without restrictions with full transparency.
What are the benefits of the website?
To start in the online trading community, the user must open an online trading account. FXCM offers different accounts for its users. Newcomers can start with a test account where they can trade with virtual money. The usage of the demo account is free of charge but losses and gains are also completely virtually.
Conclusion