fx brocker : fxcm



FXCM is one of the largest (over $100 million in firm capital) and best known forex brokers in the business. Featuring straight-through processing, multiple trading platforms including the popular MetaTrader 4 (MT4), FXCMs own downloadable FXCM Trading Station or Active Trader, as well as a Java platform that is compatible with Macs. Each platform has its own advantages, depending on your trading style. 

 
MT4 is preferred by automated system traders and those already familiar with it, while FXCM Trading Station is generally preferred by serious discretionary traders because of some excellent features such as one-click order execution, partial fills and server-side trailing stops (that is, your platform does not have to be running for trailing stops to be valid). Since FXCM uses straight-through processing for all orders, there are no restrictions on trading style: orders can be placed anywhere (even inside the spread), scalping is fair game, and trading is available during news times (although spreads will most likely widen). All in all, FXCM is among the very few forex brokers that can be recommended to anyone. Smaller account holders can now be accommodated by FXCM's sister broker FXCM Micro, although order processing there is not straight through and orders may or may not be offset or held in-house.
FXCM is now publicly traded on the New York Stock Exchange (NYSE), making it one of the most transparent and accountable forex brokers in the world.


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Subjective Ratings:

Charting: Four and Half star Charting Rating
Execution:Five star Execution Rating
User-friendliness:Four star User-friendliness Rating
Customer support:Four star Customer Support Rating
Transaction costs (spreads):Four star Transaction Costs (spreads) Rating
Rollover interest rates:Four star Rollover interest rates Rating
Withdrawal processing:Four and Half star Withdrawal processing Rating
Platform Functionality:Five star Platform Functionality Rating
Platform Reliability:Four star Platform Reliability Rating
Average rating:Four and Half star Average Rating

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