Is FXCM a fair Forex Broker?
FXCM is a Forex Broker offering Forex Trading services via MetaTrader 4 (Mobile, Web, Desktop), TradingView, NinjaTrader and TradingStation trading platforms. Regarding orders execution model, FXCM is a hybrid broker - both a-book and b-book broker (market maker). FXCM offers trading of currencies, spread betting (FXCM LTD clients only) and CFDs of indices, cryptocurrencies and commodities. FXCM is regulated by the FCA (UK), FSCA (South Africa) and the ASIC (Australia).
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.42% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.