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Forex Capital Markets

FXCM

Composite Score
7.8 /10
CX Score
8.0 /10
Category
FXCM
7.8 /10

What is FXCM?

FXCM Inc., is a world-wide provider of foreign exchange trading (currency trading) and related services to retail and institutional customers. FXCM, founded in 1999, was the first forex broker to list on the New York Stock Exchange.

Company Details


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FXCM Ratings

Real user data aggregated to summarize the product performance and customer experience.

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

89 Likeliness to Recommend

100 Plan to Renew

84 Satisfaction of Cost Relative to Value


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Emotional Footprint Overview

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

+96 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love FXCM?

0% Negative
0% Neutral
100% Positive

Pros

  • Helps Innovate
  • Reliable
  • Performance Enhancing
  • Efficient Service

Feature Ratings

Average 86

Currency Quotes

90

Currency Exchange Market Management

90

Analytics and Reporting

90

Banking Risk Management

88

Stock Management

87

Margin Management

87

Collateral Management

87

Currency Conversion

85

Portfolio Management

83

Multi Currency

82

Trade Management

80

Vendor Capability Ratings

Average 85

Usability and Intuitiveness

91

Ease of Implementation

89

Availability and Quality of Training

87

Ease of Customization

86

Product Strategy and Rate of Improvement

85

Quality of Features

84

Ease of IT Administration

84

Ease of Data Integration

83

Vendor Support

81

Business Value Created

80

Breadth of Features

79

FXCM Reviews

Tjhin F.

  • Role: Finance
  • Industry: Finance
  • Involvement: End User of Application
Validated Review
Verified Reviewer

Submitted Aug 2022

a good place to learn trading

Likeliness to Recommend

7 /10

What differentiates FXCM from other similar products?

one of the advantage of FXCM is good education about trading and market analysis, its good for beginner, support some special platform for experienced trader: quant connect, motive wave, agena trader, sierra chart, seer trading, neuroshell trader and strategy quant.

What is your favorite aspect of this product?

the long term of demo account, the competitive comisision fee and spread..high leverage

What do you dislike most about this product?

especially demo account, after used for more than 6 months , the price start requote after instant click price market... this is very annoying...

What recommendations would you give to someone considering this product?

for beginner who want to learn about trading, my suggestion is try the fxcm demo account first, practise and exercise until give consistent profit, dont rush put your money in real account before your demo account show consistent profit..

Pros

  • Efficient Service
  • Effective Service
  • Caring
  • Respectful

MD. MUKUL S.

  • Role: Sales Marketing
  • Industry: Finance
  • Involvement: IT Leader or Manager
Validated Review
Verified Reviewer

Submitted Feb 2022

Best trading platform

Likeliness to Recommend

8 /10

What differentiates FXCM from other similar products?

FXCM has too many innovative features from other vendors. We can Trade CFDs, Shares, and Forex with the Best Zero Commission Broker. You can explore powerful, preloaded tools like Real Volume, Market Depth, and Trader Sentiment.

What is your favorite aspect of this product?

The best part of FXCM is customizing your experience Download indicators, create watch lists, and custom layouts to adapt the platform for your strategy. It will give you a new trading experience.

What do you dislike most about this product?

It requires a heavy internet connection to load the interface unless you can't use it.

What recommendations would you give to someone considering this product?

I recommend FXCM to everyone who needs a platform to trade. It's a safe and secure platform. You can Trade here CFDs, Shares, and Forex with the Best Zero Commission Broker.

Pros

  • Reliable
  • Trustworthy
  • Effective Service
  • Inspires Innovation

Susan D.

  • Role: Sales Marketing
  • Industry: Other
  • Involvement: Business Leader or Manager
Validated Review
Verified Reviewer

Submitted Jul 2021

Amazing variety of features and always reliable!

Likeliness to Recommend

10 /10

What differentiates FXCM from other similar products?

The customer support is beyond knowledgeable which is preferred over courtesties/niceties. More features and customization than any other product.

What is your favorite aspect of this product?

How user friendly it is and how quickly our team got onboard with it.

What do you dislike most about this product?

Wide array of features but some hiccups in how the customizations work together, but not a major pain point.

What recommendations would you give to someone considering this product?

Do your research to make sure it works best for you and your organization.

Pros

  • Continually Improving Product
  • Reliable
  • Performance Enhancing
  • Enables Productivity
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