FXCM remains as one of the most reputable and highly-respected Forex brokers in the world, and their commitment to their traders comes through in their top-notch trading platforms and their low spreads. While the Forex market has over 4 trillion dollars traded daily, retail traders who are just getting started in Forex trading do not have a lot of capital to invest.
In fact, putting aside capital, new Forex traders should not be investing large sums of money in Forex before they have some experience under their belts. A beginner Forex trader should try to keep risk low and trade on a low flame for as long as they can afford to.
This means they cannot possibly lose more than that as a result of trading. FXCM now also offers the ability to trade micro CFDs, putting most of the major global stock indices within reach of the micro trader. The site has various resources to learn the market including webinars, videos, and self study tools.
The one thing that struck me as a little strange is that if FXCM Micro is a service that caters to new traders, you would think they would the best customer support possible including email, phone, as well as real time chat. In terms of the platform itself, it is a downloadable application that is compatible with PC only. For Mac users, there is a Java-based trading platform. Please note that trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors.
FXCM is offering a few free apps for those that open a live account. Apps include indicators and trend locators among others. The app store is easily accessible for download on the FXCM website. Registration is required to ensure the security of our users. Login via Facebook to share your comment with your friends, or register for DailyForex to post comments quickly and safely whenever you have something to say.
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Finding a Forex broker has never been so easy! Disadvantages Mediocre Customer Support. Sara Patterson Review Date: Top Online Forex Brokers. Free Forex Trading Courses Want to get in-depth lessons and instructional videos from Forex trading experts? Sign up to get the latest market updates and free signals directly to your inbox. Enter your email address here:More...