FXCM Logo
FXCM Logo
Forex Capital Markets

FXCM

Composite Score
7.8 /10
CX Score
8.1 /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.

90 Likeliness to Recommend

100 Plan to Renew

82 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.

+97 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 84

Currency Exchange Market Management

88

Currency Conversion

88

Multi Currency

86

Stock Management

85

Banking Risk Management

85

Analytics and Reporting

83

Currency Quotes

83

Collateral Management

82

Portfolio Management

82

Trade Management

81

Margin Management

80

Vendor Capability Ratings

Average 82

Ease of Customization

86

Ease of IT Administration

85

Ease of Implementation

85

Quality of Features

85

Availability and Quality of Training

84

Usability and Intuitiveness

84

Vendor Support

81

Product Strategy and Rate of Improvement

81

Ease of Data Integration

80

Business Value Created

78

Breadth of Features

77

FXCM Reviews

Mukesh K.

  • Role: Information Technology
  • Industry: Engineering
  • Involvement: IT Development, Integration, and Administration
Validated Review
Verified Reviewer

Submitted Apr 2024

Productive and Easy to use

Likeliness to Recommend

9 /10

What differentiates FXCM from other similar products?

FXCM offers zero-commission trading for CFDs, shares, and forex, backed by potent tools like Real Volume and Trader Sentiment. With tailored platforms for all levels.

What is your favorite aspect of this product?

Real-time execution coupled with 99.99999% accuracy ensures seamless trade processing, minimizing transaction failures and maximizing trading efficiency for optimal performance in the stock market.

What do you dislike most about this product?

Real-time functionality and strong internet access are essential in stock market software, ensuring timely execution of trades and analysis for competitive advantage and minimizing missed opportunities.

What recommendations would you give to someone considering this product?

Done your research to make sure that it is suitable for you and your company.

Pros

  • Helps Innovate
  • Reliable
  • Trustworthy
  • Efficient Service
  • Role: Information Technology
  • Industry: Banking
  • Involvement: End User of Application
Validated Review
Anonymous Reviewer

Submitted Dec 2023

Easy to navigate interface. Trade-commision free.

Likeliness to Recommend

8 /10

Pros

  • Helps Innovate
  • Reliable
  • Saves Time
  • Acts with Integrity

Chibunna O.

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

Submitted Jun 2025

FXCM Review from a Real Trader

Likeliness to Recommend

8 /10

What differentiates FXCM from other similar products?

FXCM stands out for its tight spreads and solid execution speed, which is great for forex scalpers and day traders. They also offer a ton of educational resources—way more than most brokers—so it’s good for beginners trying to learn the ropes.

What is your favorite aspect of this product?

I love the one-click trading feature—no lag when entering/exiting trades, which is clutch during fast-moving markets.

What do you dislike most about this product?

The fees can sneak up on you. They push you toward their "active trader" program, and if you’re not careful, commissions eat into profits. Also, customer support can be slow if you’re not a high-volume trader.

What recommendations would you give to someone considering this product?

If you’re serious about forex and want a reliable broker with good tools, FXCM is solid. But if you’re just dabbling or trade other assets (like crypto or stocks), there are better (and cheaper) options out there.

Pros

  • Security Protects
  • Helps Innovate
  • Continually Improving Product
  • Reliable