Is FXCM legal in Australia?

Is FXCM legal in Australia?

The Companies That Make Up the FXCM Group Are Regulated In Several Jurisdictions: FXCM Australia Pty. Limited is the holder of an Australian Financial Services Licence (number 309763) which was issued by the Australian Securities and Investments Commission (“ASIC”) in Australia.

Does FXCM allow clients?

FXCM allows people to speculate on the foreign exchange market and provides trading in contract for difference (CFDs) on major indices and commodities such as gold and crude oil. It is based in London. The company was banned from United States markets for defrauding its customers.

What is the difference between Oanda and FXCM?

FXCM and OANDA both offer copy trading. Both FXCM and OANDA offer MetaTrader 4 (MT4). OANDA provides traders 71 currency pairs (e.g., EUR/USD) compared to FXCM’s 42 available pairs. Forex pairs aside, FXCM offers traders access to 276 CFDs while OANDA has 124 available CFDs, a difference of 152.

How many clients does FXCM?

FXCM operate more than 130,000 global customer accounts and have received a variety of prestigious industry awards.

Is Oanda more accurate than FXCM?

Is FXCM better than OANDA? In our analysis of 23 international regulators across 50 brokers, FXCM is considered low-risk, with an overall Trust Score of 93 out of 99. OANDA is considered low-risk, with an overall Trust Score of 89 out of 99.

Why trade with FXCM?

Access powerful tools: Trading Signals, volume data, trader sentiment and more. FXCM Celebrates it’s 20th anniversary and says thank you for continuing to trade with us. Around the world, FXCM offices provide Forex, Cryptocurrency Trading and CFD trading services. We’re here for you.

Is FXCM owned by Jef?

About FXCM. FXCM is a leading provider of online FX and CFD trading and is part of Leucadia (NYSE:JEF), a diversified holding company.

How much does it cost to join FXCM?

Join FXCM traders around the world. At the beginning of the month (between 1st and 15th), a fee equal to 30 units of the base currency (3,000 JPY, 240 HKD) will be debited from any of your FXCM Account (s) to cover the VPS cost for each subscription.

What do the spread figures mean on FXCM?

The spread figures are for informational purposes only. FXCM is not liable for errors, omissions or delays, or for actions relying on this information. “At FXCM, we’ve been serving our clients for over 20 years. In that time, the world of Forex trading has changed a lot.” Watch our video to learn more about FXCM’s history.