Why FXCM?
Why we recommend FXCM
Why FXCM? Because FXCM is one of the largest and strongest Forex Dealer Members. They were awarded Best Forex Solution Provider in 2007 by Financial Bridges magazine, Best Currency Broker from Shares, best Retail Foreign Exchange Platform from FX Week and Best Foreign Exchange Specialist from Technical Analysis of Stocks & Commodities.
FXCM offers spreads as low as 1 pip, a multitude of trading tools and 24/7 client service, including over 500 professionals on hand to help you out at anytime. They offer a lot of FREE information to get you started, access to services with an array of technical and fundamental analysis tools, and educational courses, some of which cost less then twenty dollars. Plus, if you just want to mess around and simply test your trading skills without a serious commitment, you can open a Free Demo Account with absolutely no risk.
FXCM Specs:
Founded in 1999, FXCM is one of the largest and most financially strong forex brokers. Over 90,000 live accounts trade through FXCM's trading platforms. Over $200 billion in notional volume is traded each month on FXCM trading platforms. The FXCM Group has over $120,000,000 US in firm capital. Regulated in the United States, Canada, the United Kingdom, and Hong Kong. Segregated Accounts are available through FXCM LTD, an FSA regulated entity.
RISK DISCLOSURE:
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
To open a FXCM demo MT4 broker account, please complete this online application.
To open a FXCM live MT4 broker account, please click here and look for the FXCM link and complete the online application. With this link you get cash back in the form of rebates on all of your trades whether they are winners or losers. You get $7.00 back for every standard lot you trade. So if you trade 100 lots a month...you get $700.00 back every month! This extra money can help offset your losses.
By the way, if you are interesting in knowing my results using managed accounts, email me at Managed Forex Results.