FXCM Review 2025

Excellent choice of trading platforms with dedicated support for algorithmic trading
Deep liquidity, transparent order executions, and monthly slippage statistics
Low-cost commission-based cost structure with a volume-based rebate program
Quality research and education via FXCM Plus
Somewhat limited asset selection

FXCM Editor’s Verdict

FXCM remains one of the most competitive choices for traders especially those looking for algorithmic trading solutions. Besides its proprietary Trading Station, FXCM offers MT4 and ZuluTrade. Capitalise AI, its latest addition, allows traders to automate strategies using an intuitive, code-free environment. FXCM also presents six specialty platforms for algorithmic traders and fully supports API trading. FXCM Plus provides clients with quality research, while beginner traders receive valuable educational content. I reviewed FXCM to evaluate if this broker delivers on its client-first, trader-driven mission statement. Does FXCM maintain trading conditions beneficial to traders?

Ratings

Overall

Fees

Deposit and withdrawal

Asset selection

Ease of account opening

Regulation and security

Overview

A competitive choice for algorithmic traders and scalpers

Headquarters

Regulators

Tier 1 Regulator(s)?

Owned by Public Company?

Year Established

Execution Type(s)

Minimum Deposit

Negative Balance Protection

Trading Platform(s)

Average Trading Cost EUR/USD

Average Trading Cost GBP/USD

Average Trading Cost WTI Crude Oil

Average Trading Cost Gold

Average Trading Cost Bitcoin

Retail Loss Rate

Minimum Raw Spreads

Minimum Standard Spreads

Minimum Commission for Forex

Funding Methods

Islamic Account

Signals

US Persons Accepted?

Managed Accounts