FXPCM Review: Is FXPCM A Good Broker For You?

FXPCM Review: Is FXPCM A Good Broker For You?

Trading in the foreign exchange market and using leverage involve considerable risks and may cause a partial or complete loss of funds. Potential traders need to be assured that the broker company they chose can offer the necessary support and help whenever they may need it. Currenex is a platform for those traders who prefer to make money with the currency exchange rates difference.

TRADING ENVIRONMENT

Apart from a comparative analysis of forex brokers, the web resource contains an honest rating of forex brokers which are ranked entirely on the grounds of your votes. By ForexRating, you can judge a degree of trust that traders put in a particular forex broker. Potential traders need to do as much as possible research about speculative trading before commencing to do it and while trading.

FXPCM Accounts

Before starting to trade, potential clients of FXPCM should avail themselves of all possible information and trading skills needed to be successful in the world of forex and commodity trading. The customer support team can be reached in real time by phone through telephone, email, live chat or complete the return a call option from the website. Equity, or stock indices, are actual stock market indexes which measure the value of a specific section of a stock market. They can represent a specific stock market or a specific set of the largest companies of a nation.

Kenya Stock Exchange

However, the Trading Station software for mobile phones or tablets lacks a watch list. Keep in mind that the instruments you select to be shown are synchronized on all your devices. The fees at FXPCM are not high, but they are also not the lowest in the industry. Comparing its fees with other brokers is very difficult, so we have decided to simplify it for our readers.

• The broker also provides a forum where members can chat and share information and their experience.
• It is an old name on the market and therefore, it is well known among traders.
• It does not state on the website how much virtual money is provided that sport real-time prices and trading conditions.
• Before starting to trade, potential FXPCM clients should arm themselves with all possible information and trading skills needed to be successful in the world of forex and commodity trading.
• My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Customer support at FXPCM

Cost and fees depend on different factors, like spread and margins, and FXPCM clients may also experience different fee structures according to their country or place of residence. Our sales and operations representatives can assist customers with any inquires at all times of the day in many different languages, such as English, Arabic, Chinese, Indonesian, and Russian. FXPCM’s customer support team can be reached in real-time by live chat, telephone, email, or a return call option from the website. This involves the trading of gold, silver, and other precious metals as hard commodities that are contract-based tradable.

• Leverage enables a trader to get a much larger exposure to the market the person is trading than the amount deposited to open the trade.
• Soft commodities have been traded for centuries and plays a major role in portfolio diversification and risk management.
• Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want.
• Margin is the collateral to cover any credit risks that may arise during trading operations.
• It is actual stock market indexes that measure the value of a specific section of a stock market.
• This does not make it a safe broker to trade with and your money is not safe and secure.
• FXPCM has the reputation of being one of the oldest forex services providers with Jefferies Financial Group, which is the prime shareholder.

Compare FXPCM Vs FXCM: Which is the Better Forex Broker in 2025?

The offer gives interesting choices for traders to explore other markets that may be proven beneficial for them and to diversify their trading portfolios. In conclusion, deciding the better broker eventually comes down to your consideration. If you are an active trader, it is better to choose a broker with a variable spread that is generally lower than the fixed one. For the trading platform, MetaTrader 4 is the standard choice for every trader.

This broker has also been regulated by Dubai Gold and Commodities Exchange 114 and SCA (UAE) 204. Unfortunately, when writing this review nothing could be found on most of these links especially the important ones like the economic calendar. Nowhere on the website does FXPCM state the name of the company behind it. They claim to have offices in UAE, CANADA, UK, and Mauritius and to be regulated in UAE. Currenex connects more than 70 global banks to a superior electronic trading network, making it one of the deepest fxpcm liquidity pools in Forex.