Q: What’s the minimum deposit on FXCM?
A: There is a $50 minimum to trade for outside-of-UK accounts and a EUR 300 minimum for UK and EU accounts.
Q: How do I copy-trade on FXCM?
A: If you’re familiar with the MT4 then it’s easy to add the Expert Advisors plugin on the FXCM website, but you’re also able to open a ZuluTrade account with your FXCM funds already available. Contact FXCM for more information.
Q: Does FXCM offer options?
A: FXCM only offers currency pairs for regular, margin, or spread-betting, as well as a variety of CFD instruments, but no options or underlying instruments.
Q: Does FXCM offer Islamic accounts?
A: Yes, interest-free accounts in accordance with Islamic standards are available.
Q: How do I avoid the rollover fee?
A: Traders will incur rollover fees for overnight and weekend positions, but they can be avoided by closing positions before 5pm EST on each trading day.
Spreads are variable and are subject to delay. The spread figures are for informational purposes only.
Leverage is a double-edged sword and can dramatically amplify your profits. It can also just as dramatically amplify your losses. Trading foreign exchange/CFDs with any level of leverage may not be suitable for all investors.
Compensation: When executing customers' trades, FXCM can be compensated in several ways, which include, but are not limited to: spreads, charging fixed lot-based commissions at the open and close of a trade, adding a markup to the spreads it receives from its liquidity providers for certain account types, and adding a markup to rollover, etc.