Home/Brokers/FXCM

FXCM

Average

One of the oldest retail forex brokers. Pivoted to NDD model after regulatory issues. Solid execution but spread-only pricing reduces cost transparency.

Execution Quality Benchmarks

Fill Ratio
96.7%
Avg Latency
50ms
Avg Slippage
0.4 pip
Reject Rate
1.2%

Fill Ratio vs Industry Average

FXCM96.7%
Industry Average97.0%

Strengths

  • 25+ years operating history
  • FCA regulated
  • No dealing desk since 2017

Limitations

  • Spread-only model
  • Higher effective cost
  • Past regulatory issues

Broker Specifications

HeadquartersLondon, UK
Established1999
Execution ModelNDD/STP
RegulationFCA, ASIC
Min Deposit$50
CommissionNone (spread only)
Spread From0.2 pips
Max Leverage1:400
MT5 SupportYes
Min Lot0.01

Data disclaimer: Execution metrics are based on our standardized testing methodology using 0.01 lot market orders on major pairs during London/NY overlap. Real-world execution may vary based on account type, lot size, session, and market conditions. This profile is not a recommendation. No affiliate relationships exist with any broker listed.

Back to Broker IndexWhat is NDD?