FXCM Canada

FXCM Canada review by forex experts, all about FXCM Canada broker like how to do FXCM Canada login or how to open free FXCM Canada demo account with FXCM Canada trading broker, In this FXCM Canada review you will know all about FXCM Canada trading station and how do FXCM Canada MT4 download or is FXCM Canada app for Android and iPhone is fee. You will also know about FXCM Canada contact address and phone number. At the end of this FXCM Canada review if it helps you then help our team by share it please, For more information about FXCM UK Broker you can also visit FXCM review by ForexSQ.com forex trading website, The TopForexBrokers.com ratings forex brokers, or Fxstay.com currency trading investing company and get all information you need to know about the FXCM Canada Forex Broker.

FXCM Canada Review

Founded as FXCM Holdings, LLC and now known as FXCM Group, the company maintains headquarters in New York City, as well as satellite offices around the globe in the Canada, UK, Germany, France, Italy, Greece, China, Japan, Hong Kong and Australiaall of which are licensed and strictly overseen by their respective country’s financial regulatory agencies. 

The broker does not offer stocks, futures or options trading, although international clients do have access to trading Contract for Difference (CFD) assets.  This primary focus on forex trading makes FXCM a superb choice for traders interested in trading predominantly foreign assets.

FXCM Canada Trading Platforms

In addition to its own proprietary trading platform, FXCM uses several platforms, including FXCM Active Trader, Trading Station Gateway, Trading Station II, Mobile Trading Station II and the well known and very popular MetaTrader 4 (MT4) trading platform that is very intuitive, user friendly and completely customization. 

FXCM Canada Trading Station

Trading Station is FXCM’s proprietary software that was created using 10 years of valuable customer feedback and trading data to formulate a functionally efficient platform to meet the needs of today’s currency traders, novice or experienced.  

When traders use Trading Station, they get a convenient and user friendly trading platform that is available via desktop for Windows or Mac, the internet and mobile apps. 

Mirror Trader

For those who want more trading information and solutions, The company allows traders to use Mirror Trader, which operates flawlessly with FXCM’s trading platform to provide hundreds of professionally designed trading strategies that investors can copy (or “mirror) with no additional maintenance or performance fees.    

Ninja Trader

Ninja Trader provides traders with advanced charting features, market analyses and trading strategies.  Zulu Trade enables traders to automatically copy or mirror other people’s trades, which enables newbies to rely on the knowledge and expertise of more seasoned traders, reduces research time and completely eliminates emotional factors often involved with trading financial assets.

FXCM Canada MT4 Download

The FXCM trading platform has been upgraded to allow flawless integration of the very popular MT4 trading platform.  The upgrade added more features to enhance clients’ MT4 trading activities, including eliminating third party bridges and account syncingthe ability to set Stop Loss and Take Profit (SLTP) orders while opening a new trade, no trade restrictions with NDD Execution, scalping and all other strategies are permitted with NDD execution, allows for partial closing of orders and eliminates restrictions on placing SLTP or Pending Orders. The upgrade also provides investors with better risk management by enabling more precise lot sizes and better control of when and how much of a position traders want to close trades.  

Clients of FXCM can follow the simple instructions on its website for quickly and easily downloading the MT4 trading platform for use in their forex trading activities.

FXCM Canada App

The FXCM Apps is free for both Android and IOS, You can download the FXCM App for Android from Google Play and download FXCM App for iPhone from Apple app store.

FXCM Canada Account Types 

FXCM offers 3 types of trading accounts to its clients, which are Standard, Mini and Active trader accounts. The brokerage also offers traders a free demo trading account which is available for up to 30 days and comes with $50,000 of virtual money for practicing trading on the market platform. 

Standard Accounts

The Standard account is ideal for experienced traders who want to leverage all the advantages of currency trading.  An initial deposit of $5000 is required to open a standard account which offers spreads as low as 0.5% and access to FXCM’s entire catalog of approximately 39 popular currency pairs (including exotics and crosses).  Standard accounts offer leverage of up to 1:200 for non US clients and 50:1 for US based traders, as well as access to DOM data.  

Mini Accounts

The Mini account requires a minimum deposit of $50,000 with lot sizes of $1,000 and access to 21 pairs of the most popularly traded currency pairs, including the EUR/USD. Mini accounts include free trading services like “Client-Only Trading Signals” to assist traders with learning the market and improving trading strategies.  Exclusive to the FXCM Mini account is a monthly contest that awards lucky winning traders with $10,000 in prize money.  

Active Trader

The Active Trader account requires a minimum $25,000 deposit and includes the acclaimed “No Dealing Desk Execution” feature, as well as elite pricing for higher volume trading that saves up to 50% on trading costs.  No Dealing Desk Execution is a model created by FXCM with asset pricing data initiated by its liquidity providers that include financial institutions, global banks, prime brokerages and others who provide financial assets for trade with no markups.  In the case of clients of certain intermediaries, sometimes trades are subject to a markup.  This enables traders to trade on currency rates provided directly by those liquidity-providing financial institutions, which enables FXCM to offer low variable spreads on major currency pairs and promotes efficiency and market pricing competition.

FXCM Canada Demo Account

When clients open an online trading account, they are able to use a free FXCM demo account for up to 30 days that comes loaded with $50,000 of virtual money for traders to use for practicing currency trading before actually risking real money in a real world trading market.

FXCM Canada PAMM Account

The FXCM broker also offers PAMM Accounts for traders who want to trade in certain markets but have little experience with which to research, formulate and place successful trades.  FXCM PAMM Accounts are managed by professional investors who usually have expertise in the fields of finance, marketing or other related fields. 

FXCM Canada Login

For login to FXCM broker you can visit the broker website, After sign up you can check your email and do FXCM login.

FXCM Canada Complaints

FXCM complaints or withdrawal problems can submit in the comments below of the FXCM review by ForexSQ, If you have any FXCM withdrawal problems, complaints or you have good experience with this brokerage then please submit your honest review and let other traders know about it.

FXCM Canada Leverage

The FXCM UK leverage starts from 1:1 up to maximum 1:200, However the broker provides high leverage trading but if you are a newbie forex trader then avoid to use high leverage as it will increase to lose all of your capital.

FXCM Canada Margin Requirements

FXCM margin requirements is fixed, The amount of margin that you are required with FXCM to put up for each currency pair varies by the leverage. For example, If you use 50:1 leverage then you may be required to put up €200 to hold a €10,000 position.

FXCM Canada Regulation

The FXCM broker is regulated broker by ASIC in Australia:

FXCM Australia PTY Limited “FXCM AU” is regulated by the Australian Securities and Investments Commission (ASIC), AFSL 309763. FXCM AU ACN: 121934432.

FXCM Canada Contact Address

The FXCM Australia contact address is:  Suite 1402, Level 14, 383 Kent Street, Sydney, NSW 2000

FXCM Canada Phone Number

The FXCM Phone Number in Australia is: 1800 109 751

FXCM Canada Live Chat

The FXCM Live Chat is also available for support clients, To use FXCM Live Chat simple visit the broker’s website and click on the Contact on the top then chose “FXCM Live Chat”.

FXCM Canada Review Conclusion 

You must note that do not invest the amount you can not afford to lose it even the broker is regulated, Its because the online leveraged trading is too risky.

At the end if this FXCM Canada Review helps you then share it please, For more information about FXCM Broker you can also visit FXCM review by ForexSQ forex trading website in daily base.  

Comments are closed.