Friday, February 23, 2007

Many people said that fxcm forex broker is very good,but also many others said that its not,which one is right -

i trade at fxcm demo account and i find it very good but after hearing many people say that it is a bad broker ,i started to think that it is good now only because it is a demo account and when i open a real account ,it will be bad .but also i heared people say that it is good .....so i am so confused ,which should i believe Hi! Try www.forexpeacearmy.com or www.elitetrader.com for a rating of FXCM. I′am an account holder there. But it′s true that they or anything is freezing the account sometimes. But in general I′am happy with them. Forex trading-http://tradingsforex.info/ Overall I m glad with them, but trading during news is not easy. You can check for reviews about them on Forextopten.com and Forexpeacearmy.com Hi, I demo on FXCM for months but opened a live account with another broker. I am now switching back to FXCM and just opened a live account. FXCM is good in terms of the ease of execution and the tight stop loss. I also used IBFX. In terms of spreads, FXCM seems to be pretty tight for GBP/USD, USD/CAD and I love the setup your Stop Loss and Stop Limit for market entries. The whole user experience for FXCM is awesome and they have a segregated accounts when you deposit your funds in FXCM UK. Hope this helps and enjoy your trading... The reason for what you are seeing is because FXCM is one of the largest brokers in the world, so there are obviously people who don t like them. They are not the best and not the worst. They are highly regulated which is good but their platform has some problems due to scalability issues... You can try searching online for reviews of the broker, check with the Better Business Bureau if they re in the US, or check consumer review sites like Consumer Reports to see if they have any info. You can browse the finance and investment areas of about.com as well to see what people say about all the various brokers. You can find information on other brokers on websites such as www.forex-potential.com if you decide to go with another broker, or if you re looking for a different simulation software/website to try before you dive into the real thing. Forex trading does take a lot of skill to master, but the potential gains are amazing. Good luck with your investments!

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