Forex Capital
Forex Capital Markets, or FXCM, is the leading Forex broker in the world. In the past several years, many foreign exchange brokers have been closed or bought out due to tightening federal regulations. Forex Capital Markets has bought many of the struggling brokers, and they now service more than 150,000 live trading accounts.
Forex Capital Markets’ trading platform is the very first trading platform I ever used. In fact, after all these years, I still have a trading account with them because of all the benefits they provide. Their trading software is very intuitive and consistently gets rated by customers as the most user friendly trading platform. If you like to trade with MetaTrader, FXCM also offers that option.
Forex Capital Markets was one of the first foreign exchange brokers to introduce mini accounts. This meant that you did not have to trade full standard lots, and you could open an account with just a few hundred dollars. FXCM was also one of the first to offer micro accounts which you can now open for as little as $25. They still offer micro accounts today, so you can start trading live in the foreign exchange for less than dinner for two at a restaurant.
The reason that Forex Capital Markets is so popular is because they focus on what their customers want. For example, they have completely free Forex courses that teach you just about anything need to know about the Forex. FXCM also offers professional commentary and insight on specific currencies several times a day. This means that professional Forex traders give their trading advice and “predict” the markets absolutely free. So if you are thinking about entering a trade, just jump over to the insight platform and see if you agree with what the professionals think.
And this isn’t all. FXCM also has trading programs that provide live signals based on different trading strategies. So if you are a long-term trader who likes to trade breakouts in the market, they have a trading strategy for that. If you are a short-term trader that wants to trade with the trend, they have trading strategies for that style of trading. Each trading strategy has a running total so you can see which one has been most profitable over the short and long term.
Finally Forex Capital Markets also provides an automated Forex trading system. FXCM gives you over 40 back-tested trading systems. You can even adjust current trading systems or create your own from scratch.
This is what I mean by FXCM caring about their customers. It is no wonder that they are the most popular foreign exchange broker in the world.