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  FXCM
www.fxcm.com
admin
21-02-2009
You can view reviews and rate this broker below, (FXCM) from 0 to 5.

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  #10 (permalink)  
By Jason Rogers on 14-12-2009, 19:24
Default

Quote:
Originally Posted by padman View Post
Swap charges so I am told are very high compared to other brokers. I had a demo account to check this but they never put swap charges on my demo account. I emailed asking why and NEVER got a answer

You can see the swap/rollover amounts in the demo. It's listed in the dealing rates window. Please see the amounts listed under RollS and RollB. It will show you the amount of swap/rollover earned or payed when selling (RollS) and buying (RollB).
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  #11 (permalink)  
By southside on 15-12-2009, 19:50
Member reviews
Spread / Commission
80%80%80%
4
Execution Speed
80%80%80%
4
Deposit / Withdrawal
80%80%80%
4
Customer Service
60%60%60%
3
Scalping Policy
60%60%60%
3
EA Compatibility
60%60%60%
3
Average 70%
Default So Far so Good

I have been with the for a little over two months, and am happy with them so far.
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  #12 (permalink)  
By C1jake on 15-01-2010, 00:02
Member reviews
Spread / Commission
80%80%80%
4
Execution Speed
100%100%100%
5
Deposit / Withdrawal
100%100%100%
5
Customer Service
60%60%60%
3
Scalping Policy
80%80%80%
4
EA Compatibility
20%20%20%
1
Average 73%
Default fxcm

Great spreads on micro acct and have had no problems
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  #13 (permalink)  
By premierpips on 16-04-2010, 05:53
Member reviews
Spread / Commission
40%40%40%
2
Execution Speed
0%0%0%
0
Deposit / Withdrawal
100%100%100%
5
Customer Service
100%100%100%
5
Scalping Policy
0%0%0%
0
EA Compatibility
0%0%0%
0
Average 40%
Default

I've had slippages of over 70 pips on their mt4 platform and execution delays of over 2-3 minutes. when i raised an issue with their support, they responded immediately but resolution of the issues took over a month. FXCM accepted over email that there was a problem with their MT4 feed and platform. ultimately all problematic trades were reversed and i've closed the account.

the interesting part is that the FXCM representative said that their MT4 platform operates as an MM and recommended that I switch to their Trade Station platform which offers STP. But I donot like TS, hence decided to look for other brokers.

Overall, FXCM's customer support is great, but actual execution drags them down. After all for traders, execution is primary. You wouldn't want to raise issues with support all the time.

My account was a standard live account.
Last edited by premierpips; 16-04-2010 at 05:56..
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