FXPCM Broker Review: Is it a Scam or a Legit Broker? Tech Idea Limited

Some of the popular options are FasaPay, Neteller, PayPal, Skrill, Ukash, UnionPay, WebMoney, Western Union, Wire transfer, YooMoney. By understanding the features and benefits of each platform, you can select the one that best aligns with your trading goals. Yes, FXPCM offers a trading environment for both beginner and advanced traders. Equity or stock indices can represent a specific set of the largest companies of a nation or they can represent a specific stock market.

How do you make a deposit and withdrawal with FXPCM?

• Somehow, remember that different instrument has different trading conditions.
• FXPCM offers trading in spot currencies, metals, oils, soft commodities, indices, stocks, indexes, and cryptocurrencies.
• It also comes under the regulation of FCA (United Kingdom) and ASIC (Australia).
• CFD trades on other markets have no commission but do wrap a spread around the market price of a certain instrument.

It is actual stock market indexes that measure the value of a specific section of a stock market. FXPCM offers new clients a welcome bonus of 10% which is immediately withdrawable. In addition, it offers a cashback rebate of up to 55% of the spreads to all clients and a WebMoney bonus of 10%. The bonus usually compensates traders for choosing a certain broker, since once the account is active, the trader will have the same expenses as any other. The bonus usually only starts giving some expenses back to the trader once the person has proved himself as an active trader. The broker also provides a training video to assist traders with opening an account.

In the world of forex broker companies, it counts much for the company’s reputation if it has been honored with awards from esteemed organizations or publications. Before starting to trade, potential FXPCM clients should arm themselves with all possible information and trading skills needed to be successful in the world of forex and commodity trading. Our sales and operations representatives can assist customers with any inquires at all times of the day in many different languages, such as English, Arabic, Chinese, Indonesian, and Russian. EOS is geared to the needs of high-frequency traders, who require ultra-low latency platforms to trade productively and probably. EOS is the new DGCX technology platform and provides the ability to offer contracts in multiple currencies including UAE dirhams. In the future, the new platform will also allow DCCC, a fully owned clearing corporation of DGCX, to provide multi-currency settlement facilities.

The only indication on the website is that funds sent via wire transfer usually take between 1 to 3 working days. Traders should note however that depending on a specific bank service it may take several days for the money to be available in a client account. This can be useful, but it is essential to discern what the conditions are to really benefit from a bonus. You can create trend-lines with the smallest details thanks to the possibility to zoom in the position. However, the Trading Station software for mobile phones or tablets lacks a watch list.

London Stock Exchange

• These trading platforms are offered in several languages which include English, Arabic, Chinese, Indonesian and Russian.
• Potential traders need to do as much as possible research about speculative trading before commencing to do it and while trading.
• For the most accurate and up-to-date information on available payment methods and their specific terms, please refer to the official FXPCM website or contact their customer support.
• As with currency exchange markets, commodity markets offer trading in contract-based tradable goods.
• Traders are given access to a very big list of currency pairs and other assets.

These trading platforms are offered in several languages which include English, Arabic, Chinese, Indonesian and Russian. Currenex is a platform for those traders who prefer to make money with the currency exchange rates difference. Leveraged product trading magnifies a trader’s potential profit – but of course, also increases the potential loss. This facility enables traders to get a larger exposure to the market than the amount they deposited to open a trade.

Cost and Fees, Commissions and Spreads

This association increases the trust factor fxpcm of JFG as the firm is listed on the NY Stock Exchange. It also comes under the regulation of FCA (United Kingdom) and ASIC (Australia). FXPCM is known to levy additional charges in case of inactivity for 30 days in any of their trading platforms. He is sure that this is the best company based on his experience due to good customer support and quick servers.

Currenex connects more than 70 global banks to a superior electronic trading network, making it one of the deepest liquidity pools in Forex. One of the most important advantages of the MT4 through FXPCM lies in its security. The software has got some unique features that make it the best in the industry.

Trading Platforms

As for such accounts as Elite, Zero Spread, ECN Pro, and Digital Currencies, the company charges a fee of $ 16 per standard lot. The cost of trading depends on different factors like commissions, spreads, and margins. The process to open a demo or live account can be started from links on the company homepage. Swap-free accounts are also offered to clients of the Muslim faith in accordance with Sharia Law on finance. According to research recently done, FXPCM is an established forex broker company in the United Arab Emirates (UAE). That is why we have prepared this FXPCM review to see the real truth about this broker.

These demo accounts are free to open and can be used by traders for a period of 30 days. It usually took less than an hour during work time for a support agent to answer us. The answers were quite professional and solved most of the requests in the first two messages. More information on all the choices can be found on the official FXPCM website in the “Products” section. The main shareholder of the Forex Capital Market is the Jefferies Financial Group which is listed on the NY Stock Exchange.

They provide a total of 60 indicators with ultra zooming features to read the position accurately. Lack of a watch list on mobile platforms is an important thing to consider. Customer support becomes vital when dealing with investment and it stands as one of the main features of forex brokers. The FXPCM website language is displayed in English and other languages like Russian, Arabic, Chinese, Indonesian serving international traders.

This does not make it a safe broker to trade with and your money is not safe and secure. As with currency exchange markets, commodity markets offer trading in contract-based tradable goods. Some companies provide their own proprietary platform, while others prefer well-known platforms.

The platform includes various execution technologies, unlimited charting quantity, a large number of Forex technical indicators, line studies, custom indicators and scripts, and much more. If FXPCM’s website itself does not provide enough means, a trader should explore other information sources to obtain that skills and knowledge. This involves the trading of gold, silver, and other precious metals as hard commodities that are contract-based tradable.

Besides lots of currency pairs, FXPCM also offers some instruments you would like to trade on, such as Forex, Gold & silver and CFD for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose. Besides lots of currency pairs, FXPCM also offers some instruments you would like to trade on, such as Crypto for your best choice. Besides lots of currency pairs, FXPCM also offers some instruments you would like to trade on, such as Forex and Gold & silver for your best choice.