- يونيو 29, 2021
- Posted by: ForexTradeOn
- Category: HYCM BROKER review
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Introduction
FXCM is a forex and CFD broker that was originally founded in the US. in 1999. After about 10 years, there was an acquisition in 2010 and its headquarters moved from NYC to London in the UK. FXCM has over 200,000 traders worldwide and is regulated by top-tier financial authorities like FCA, the Financial Conduct Authority and CySEC, the Cyprus Securities and Commission Exchange. FXCM has no commissions on shares and low trading fees as well as non-trading fees.
Sources
FXCM has great research and analysis tools whether on their platform, or the MT4 trading platform. Those tools help you trade smartly and analyze your performance easily and create new strategies.
Tools
Trading ideas
FXCM has a great trading signals tool that helps you get a great look at the market trends and take the chance of buying and selling products at their peak times. This tool is available under the name of ‘Market Scanner’ and there’s another tool called ‘Trading SSignals’ in the FXCM Pro program.
FXCM – Research – Market Scanner
Fundamental data
Unfortunately, there’s no fundamental data available on FXCM broker.
Charting
FXCM offers a great charting tool that helps you get an overview of the market, search for market trends, discover trading patterns of some products and predict its peak times within a timeframe with a variety of indicators.
FXCM – Research – Charts
Newsfeed
If you like keeping up with market news, FXCM provides you a great News Feed of the market to never miss any important update.
FXCM – Research – Newsfeed
Economic Calendar
FXCM provides an economic calendar tool that helps you track financial events and get a good idea of the market.
FXCM – Research – Economic Calendar
Heatmaps
The Heatmap is a good tool provided by FXCM that helps you track the market movements visually at a glance.
FXCM – Research – Heatmaps
Other tools
FXCM also has a subscription service called ‘FXCM Plus’. This service is free to try for the first 14 days, then you can pay for it if you like it. The service has a collection of other good tools and features like:
- Trade ideas on 40 currency pairs
- Suggested prices to enter each trade
- Analysis with stop and limit (take profit) orders