Using a free demo account to trade in the financial markets can be a good way to get started. There are a few factors to consider when looking for a demo account, including how much you can trade, the fees, and the ability to access customer support.
Demo account
Whether you’re a beginner or an experienced trader, a demo account can help you learn the ins and outs of the forex market. This is particularly useful if you aren’t sure which trading platform is right for you.
FXCM’s proprietary Trading Station platform provides a great set of tools to make your trades easier. It also offers an intuitive interface that makes it easy for beginners to navigate.
You’ll also find some helpful educational resources on the FXCM website. These include an economic calendar, a tutorial video, and a FAQ page. It’s also worth checking out FXCM’s social media presence. You can also contact them through different channels, including email, phone, and WhatsApp.
FXCM is also an award-winning company. It was founded in 1999 in New York City and has moved its headquarters to the United Kingdom. The firm provides CFDs on several markets, including major stocks.
Fees
Founded in 1999, FXCM is one of the most well-known forex trading brokers in the industry. In addition to offering excellent trading platforms, the company also provides a wide variety of educational resources to help traders of all experience levels learn more about the currency market.
FXCM offers a variety of platforms to choose from, including ZuluTrade, FXCM Trading Station, MT4, and a host of third-party platforms. In addition, the company hosts free and paid plugins to suit the needs of all traders.
The company’s website offers a wealth of information on how to open an account, begin trading, and learn more about the market. The site also offers a demo account, which allows users to test the company’s platforms before signing up for a live account. This demo account includes a PS50,000 practice credit.
Leverage
Whether you’re an experienced trader or an aspiring trader, you’ll find that FXCM has a lot to offer you. They have multiple platforms, a wide range of trading instruments, and excellent research tools to help you make informed decisions. Traders can also access algorithmic trading features.
The standard account allows traders to trade in the forex market 24 hours a day, seven days a week. FXCM does not charge commissions for trading, but spreads vary from market to market. If you’re interested in trading in a larger variety of markets, you may want to choose a broker that offers commissions.
FXCM also offers a demo account that allows you to practice with virtual money. You can also get support via phone and email. There is also a comprehensive video library for learning how to trade.
Crypto trading
Whether you’re looking for a new broker, or just want to find out more about how to trade cryptos, FXCM offers some services to help you make informed trading decisions.
The company is regulated by various financial regulatory bodies. In addition, it has a clean bill of health and a reputation for being a safe and reliable broker.
As a financial services provider, FXCM is also licensed in Australia and South Africa. Its parent company, Jefferies Financial Group, is listed on the New York Stock Exchange and has a merchant banking background. This allows the company to offer a wide range of services and products, from forex to CFDs on shares.
The company offers two main trading platforms, including FXCM Trading Station and FxPro. In addition, they offer several other APIs that can be purchased.
Customer support
Whether you are a beginner or an experienced trader, you need reliable customer support to keep you on track. FXCM provides high-quality customer service that is available around the clock.
FXCM offers CFD trading, spread betting, and Forex. It is a regulated broker with offices in Europe and Asia. Its parent company, Jefferies Financial Group, has a background in merchant banking and is listed on the New York Stock Exchange.
FXCM has a wide range of educational materials to help you become a better trader. It also offers a range of research tools and economic calendars to help you stay up to date with current trends.
FXCM provides a demo account for new users to test out the trading platform and strategies. This is a great option for beginners, as they can see how well their trading strategies work before they make a real deposit.
