How to Open an Account with FXCM

Digital Registration Process with KYC Validation

Opening an account with FXCM is done 100% online. In less than 20 minutes, the user completes their personal information, verifies their email, and uploads two documents: one for identity (passport or ID) and one for address (bill or bank statement).

Minimum Deposit and Accepted Methods

To start trading, a minimum deposit of $50 is required. Funding methods include credit or debit card, bank transfer, and Skrill. Accounts can be in USD, EUR, GBP, or other currencies depending on the user's region.

Multi-Platform and Mobile Access

Once activated, the account can be used from Trading Station (proprietary platform), MetaTrader 4, NinjaTrader, or ZuluTrade. There is also an official mobile app for tracking and executing orders in real time.

• Online registration in 10–20 minutes

• Mandatory verification with document and ID

• Minimum deposit: $50 USD

• Multiple currencies and payment methods

• Mobile app and advanced platforms

Available Assets and Trading Platforms

Diversification in CFDs with Competitive Spreads

FXCM allows trading in over 40 currency pairs, stock indices, commodities, and cryptocurrency CFDs. The spreads are tight, starting from 0.2 pips in major pairs like EUR/USD. The structure is entirely spread-based, with no direct trade commissions.

Robust Platforms for Every Type of Trader

Trading Station is FXCM's proprietary platform, known for its fast execution, customizable charts, and advanced tools. MT4 is ideal for those who prefer to trade with EAs, while NinjaTrader and ZuluTrade enable social trading and automated strategies.

• More than 40 currency pairs and CFDs

• Crypto CFDs available in select regions

• Low spreads from 0.2 pips

• Trading Station, MT4, NinjaTrader, and ZuluTrade

• Mobile app for quick monitoring and trades

Fees, Regulation, and User Experience

Competitive Costs with Some Restrictions

FXCM does not charge explicit trading commissions, as their model is 100% spread-based. However, withdrawals under $100 incur a $40 fee for bank transfers. There are no inactivity fees, and margins are tight for standard accounts.

International Regulation and Protected Funds

The broker is regulated by authorities such as the FCA (UK), ASIC (Australia), and FSCA (South Africa). This ensures client fund segregation, negative balance protection, and clear compliance policies.

Customer Support and Educational Resources

FXCM offers 24/5 support via chat, email, and phone, with assistance in multiple languages. It also provides basic educational tools and online seminars, although it does not include a demo account for cryptocurrencies.

• No trading commissions (spreads only)

• Withdrawal fee of $40 if under $100

• Regulated by FCA, ASIC, and FSCA

• Balance protection and segregated funds

• 24/5 support with educational resources