Forex Capital Markets is regulated by the Financial Conduct Authority and NFA. Forex Capital Markets have provided Forex trading services since 1999.
| Overall | Spreads | Support | Reputation |
|---|---|---|---|
| Good 71 | Good 83 | Very Good 100 | 1 Fine FXCM were fined £4,000,000 in 2014 for breaches of Pinciple 6 and Principle 11 of the FCA'sPrinciples of Business. |
| Spreads The spread is the difference (in pips) between the buy price and the sell price. Example: If the current buy price of EURUSD is 1.0004 and the sell price is 1.0003, there is a 1 pip spread. Therefore, the lower the spread the better. The numbers below are the lowest spreads for various instruments. | |||
|---|---|---|---|
| Forex | 0.4 | ||
| Commodities | 0.002 | ||
| Indices | 0.06 | ||
| Shares | N/A |
| Fees | |||
|---|---|---|---|
| Inactivity fee | No | ||
| Commission | 0.08% per share charge per side | ||
| Commission (SB) | None | ||
| Deposit fee | No | ||
| Withdrawal fee | Yes | ||
| Markets offered | |
|---|---|
| Forex | |
| Bitcoin | |
| Majors | |
| Indices | |
| US Stocks | |
| UK Stocks | |
| Penny stocks | |
| Energies | |
| Metals | |
| Agriculturals | |
| FTSE | |
| Dow Jones | |
| Dax | |
| Nikkei | |
| ETFs | |
| IPO |
| Account information | ||
|---|---|---|
| Scalping | ||
| Hedging | ||
| Demo | ||
| Micro account | ||
| Standard account | ||
| Zero spread account | ||
| VIP account | ||
| Managed account | ||
| Islamic account | ||
| Min trade | 8 pence per point for spread betting/ CFD | |
| Max trade | 50,000 lots | |
| Min deposit | 500 | |
| Margin | ||
| Forex | 0.005 | |
| Indices | 0.005 | |
| Commodities | 0.005 | |
| Stocks | 0.1 | |
| Leverage | ||
| Forex | 1:200 | |
| Indices | 1:200 | |
| Commodities | 1:200 | |
| Stocks | 1:10 | |
| Bonuses |
|---|
| None |
| Payment & Withrawals | |
|---|---|
| Credit cards | |
| Wire transfer | |
| Bank transfer | |
| Online bank transfer | |
| American Express | |
| PayPal | |
| Neteller | |
| Skrill | |
| Bitcoin | |
| Payment processing time | |
| 1 working day | |
| Withdrawal processing time | |
| 3- 5 business days | |
| About Forex Capital Markets | |
|---|---|
| Excluded countries | |
| Services | |
| Address | |
| NY, USA | |
| Contact email | |
| Send email | |
| Contact phone number | |
| US residents: 1 212 897 7660 Non US: 1 212 897 7661 | |
| Regulated by | |
| Financial Conduct Authority, NFA | |
| Live chat | |
| Website | https://www.fxcm.com/ |
Since 1999, Forex Capital Markets (AKA FXCM) have become one of the most popular forex brokers, with over 220,000 active accounts. In 2014 alone, their retail trading volume exceeded $4 trillion. If you are looking for a reputable broker with low spreads, FXCM are a great option.
Forex, Spread betting and CFD trading are leveraged products which carry a high level of risk to your capital. You can lose more than your initial deposit so you should ensure spread betting, CFD trading meet your investment objectives and, if necessary, seek independent advice.
Forex Capital Markets Alternatives
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Plus500 VS Forex Capital Markets
IG VS Forex Capital Markets
Avatrade VS Forex Capital Markets
IC Markets is regulated by ASiC. IC Markets have provided Forex trading services since 2007.
| Overall | Spreads | Support | Reputation |
|---|---|---|---|
| Good 66 | Good 82 | Poor 20 | Good Plus500 were fined £205,128 in 2012 for a failure to report the FSA reportable transactions in a timely and accurate matter. |
| Spreads The spread is the difference (in pips) between the buy price and the sell price. Example: If the current buy price of EURUSD is 1.0004 and the sell price is 1.0003, there is a 1 pip spread. Therefore, the lower the spread the better. The numbers below are the lowest spreads for various instruments. | |||
|---|---|---|---|
| Forex | 0.1 | ||
| Commodities | 0.3 | ||
| Indices | 0.4 | ||
| Shares | N/A |
| Fees | |||
|---|---|---|---|
| Inactivity fee | No | ||
| Commission | Yes | ||
| Commission (SB) | Yes | ||
| Deposit fee | Yes | ||
| Withdrawal fee | No | ||
| Markets offered | |
|---|---|
| Forex | |
| Bitcoin | |
| Majors | |
| Indices | |
| US Stocks | |
| UK Stocks | |
| Penny stocks | |
| Energies | |
| Metals | |
| Agriculturals | |
| FTSE | |
| Dow Jones | |
| Dax | |
| Nikkei | |
| ETFs | |
| IPO |
| Account information | ||
|---|---|---|
| Scalping | ||
| Hedging | ||
| Demo | ||
| Micro account | ||
| Standard account | ||
| Zero spread account | ||
| VIP account | ||
| Managed account | ||
| Islamic account | ||
| Min trade | 0.01 lot | |
| Max trade | None | |
| Min deposit | $200 | |
| Margin | ||
| Forex | 1 | |
| Indices | 0.005 | |
| Commodities | 1 | |
| Stocks | 0 | |
| Leverage | ||
| Forex | 1:500 | |
| Indices | 1:200 | |
| Commodities | 1:500 | |
| Stocks | 0 | |
| Bonuses |
|---|
| None |
| Payment & Withrawals | |
|---|---|
| Credit cards | |
| Wire transfer | |
| Bank transfer | |
| Online bank transfer | |
| American Express | |
| PayPal | |
| Neteller | |
| Skrill | |
| Bitcoin | |
| Payment processing time | |
| Varies | |
| Withdrawal processing time | |
| Varies | |
| About IC Markets | |
|---|---|
| Excluded countries | |
| Afghanistan, Guinea, Conakry, Sierra Leone, Botswana, Iran, Syria, Burma (Myanmar), Iraq, Togo, Cambodia, Lesotho, Yemen, Cote d'Ivoire (Ivory Coast), Liberia, Zimbabwe, Cuba, Libya, Tanzania, Democratic Republic of Congo, Mali, Bolivia, Former Liberian Regime of Charles Taylor, Niger, Angola, Gambia, Nigeria, Antigua and Barbuda, Ghana, North Korea, Kyrgyzstan, Guinea, Bissau, Senegal, Namibia | |
| Services | |
| Address | |
| Sydney, Australia | |
| Contact email | |
| Send email | |
| Contact phone number | |
| no | |
| Regulated by | |
| ASiC | |
| Live chat | |
| Website | http://www.icmarkets.com/ |
IC Markets is an online forex trading service provider. They are a trusted broker who are regulated by the ASIC. To open an account with IC Markets, minimum deposits start from $200.
With IC Markets you can trade Forex, indices, commodities and CFD with a maximum leverage up to 1:500. If you like to trade on the go, IC Markets have iPhone, iPad and Android apps so you can trade from anywhere on your phone.
IC Markets offer MetaTrader 4, MetaTrader 4 iPhone, MetaTrader 4 Android, MetaTrader 4 Apple Mac, cTrader, cTrader Web, cTrader Mobile, cTrader cAlgo, cMirror, MetaTrader 5, MAM/PAMM, Myfxbook Autotrade, FIX API, Trading Servers, ZuluTrade, Signal Trader, Web Trader platforms to make your trades and support 91 different languages.
They also offer traders a micro account for traders who want to start with smaller accounts. The spreads offered by IC Markets for the most popular instruments are: 1 EUR/USD, 1 FTSE 100, 42 GOLD,1 GBP/USD, 1 DOW/JONES, 0.04 Crude Oil, see all the spreads here.
For more information about trading with IC Markets, we have put together an indepth IC Markets review with all the pros and cons about this broker.
Forex, Spread betting and CFD trading are leveraged products which carry a high level of risk to your capital. You can lose more than your initial deposit so you should ensure spread betting, CFD trading meet your investment objectives and, if necessary, seek independent advice.
IC Markets Alternatives
ETX Capital VS IC Markets
Core Spreads VS IC Markets
Plus500 VS IC Markets
IG VS IC Markets
Avatrade VS IC Markets
Avatrade is regulated by Central Bank of Ireland, ASIC (Australia), FSA (Japan), FSB (South Africa) and BVI. Avatrade have provided Forex trading services since 2006.
| Overall | Spreads | Support | Reputation |
|---|---|---|---|
| Very good 92 | Very Good 91 | Very Good 100 | Very Good Plus500 were fined £205,128 in 2012 for a failure to report the FSA reportable transactions in a timely and accurate matter. |
| Spreads The spread is the difference (in pips) between the buy price and the sell price. Example: If the current buy price of EURUSD is 1.0004 and the sell price is 1.0003, there is a 1 pip spread. Therefore, the lower the spread the better. The numbers below are the lowest spreads for various instruments. | |||
|---|---|---|---|
| Forex | 0.8 | ||
| Commodities | 0.002 | ||
| Indices | 0.1 | ||
| Shares | 0.1 |
| Fees | |||
|---|---|---|---|
| Inactivity fee | Yes | ||
| Commission | None | ||
| Commission (SB) | None | ||
| Deposit fee | No | ||
| Withdrawal fee | No | ||
| Markets offered | |
|---|---|
| Forex | |
| Bitcoin | |
| Majors | |
| Indices | |
| US Stocks | |
| UK Stocks | |
| Penny stocks | |
| Energies | |
| Metals | |
| Agriculturals | |
| FTSE | |
| Dow Jones | |
| Dax | |
| Nikkei | |
| ETFs | |
| IPO |
| Account information | ||
|---|---|---|
| Scalping | ||
| Hedging | ||
| Demo | ||
| Micro account | ||
| Standard account | ||
| Zero spread account | ||
| VIP account | ||
| Managed account | ||
| Islamic account | ||
| Min trade | 0.01 lot | |
| Max trade | None | |
| Min deposit | €/£/$100 | |
| Margin | ||
| Forex | 0.05 | |
| Indices | 0.005 | |
| Commodities | 0.005 | |
| Stocks | 0.05 | |
| Leverage | ||
| Forex | 1:400 | |
| Indices | 1:200 | |
| Commodities | 1:200 | |
| Stocks | 1:20 | |
| Bonuses |
|---|
| Up to $15,000 deposit bonus |
| Payment & Withrawals | |
|---|---|
| Credit cards | |
| Wire transfer | |
| Bank transfer | |
| Online bank transfer | |
| American Express | |
| PayPal | |
| Neteller | |
| Skrill | |
| Bitcoin | |
| Payment processing time | |
| Varies | |
| Withdrawal processing time | |
| Varies | |
| About Avatrade | |
|---|---|
| Excluded countries | |
| US | |
| Services | |
| Address | |
| Dublin, Ireland | |
| Contact email | |
| Send email | |
| Contact phone number | |
| (44) (0) 8005200423 | |
| Regulated by | |
| Central Bank of Ireland, ASIC (Australia), FSA (Japan), FSB (South Africa) and BVI | |
| Live chat | |
| Website | http://www.avatrade.com/ |
Since 2006, Avatrade have attracted over 20,000 traders to their platform. While their spreads are not the most competitive, they do offer traders a range of great features, such as guaranteed stop losses, the ability to hedge / scalp, and low margins.
For more information about trading with AvaTrade, we have put together an indepth AvaTrade review with the pros and cons about this broker.
Forex, Spread betting and CFD trading are leveraged products which carry a high level of risk to your capital. You can lose more than your initial deposit so you should ensure spread betting, CFD trading meet your investment objectives and, if necessary, seek independent advice.
AvaTrade Alternatives
ETX Capital VS Avatrade
Core Spreads VS Avatrade
Plus500 VS Avatrade
IG VS Avatrade
Avatrade VS IronFX