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FXCM

Average Customer Rating: (based on 54 reviews)

(2.9 stars vs. 3.3 category average)

Your Rating: (write review)

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Recommendations by Profile:

Casual Trader
7 of 19 		37%
Intermediate Trader
13 of 21 		62%
Expert Trader
7 of 14 		50%
All Traders 27 of 54 50%

Recommendations by Usage Length:

A month or less
2 of 9 		22%
1 - 3 months
6 of 19 		32%
3 - 6 months
6 of 10 		60%
6+ months
13 of 16 		81%
All Traders 27 of 54 50%

Characteristics:

Pros:
Low spreads, Easy-to-use platform, Good customer support, Fixed spreads, Solid trading platform, Good transaction reporting, Web-based platform, Mobile platform
Cons:
Hard to-use platform, Spread widens frequently, Poor customer support, Poor charting software, Unstable platform, Slow cash withdrawal process

Description:

Forex Trading Firm

Single Review: (view all 54 reviews)

jhanpip
jhanpip

Casual Trader

They play tricks

8/3/2009

1 of 2 customers found this helpful (50%)

Pros:
None
Cons:
None
Bottom Line:
No, I would not recommend this to a friend
Quote:
I wouldn’t recommend the $25 live account at FXCM to anybody. You’ll just find your trades getting manipulated until you lose all your money in that account. It seemed that FXCM has invented an ingenious way of stealing money from their traders. They play tricks and use magic in their price charts. If you want proof of dishonesty, compare the FXCM’s chart with other charts and you’ll see that nothing tallies.
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