Is FXCM still a reliable FX broker?

Discussion in Brokers

Updated June 23, 2015

Top Posters

Big Mike with 1 posts (1 thanks)
SuperSaan with 1 posts (1 thanks)
Quick Summary with 1 posts (0 thanks)
SMCJB with 1 posts (2 thanks)

3,749 views
4 thanks given
1 followers

Closed Thread

Search this Thread

Is FXCM still a reliable FX broker?

June 22nd, 2015, 02:43 AM	#1 (permalink)
SuperSaan Amsterdam, The Netherlands Elite Member Experience: Intermediate Platform: Ninjatrader Broker: IB Trading: EUR/USD Posts: 20 since Oct 2011 Thanks Given: 17 Thanks Received: 23	I am considering opening an account at FXCM. However, I am a bit reluctant since I heard on the news that they were in financial problems in January. I checked their stock and it really plunged from 17 to now 1.5 USD. What will happen with my money when they go bankrupt? And how likely is it they will? Thanks!

Thanked by:

Can you help answer these questions
from other members on NexusFi?

Wood Mackenzie Drops $200 Oil Forecast -- Airspace Expir …

Prediction Markets & Event Contracts

CME Launches Bitcoin Volatility Futures June 1 -- First …

Cryptocurrency

Warsh Opens Today, Hormuz June 19 -- WTI Below $80, Fran …

Prediction Markets & Event Contracts

April 2026 Jobs Report: +115k vs +65k Expected

Traders Hideout

Trump Media to sell instant access to market-moving soci …

Traders Hideout

Best Threads (Most Thanked)
in the last 7 days on NexusFi

NexusFi site changelog and issues/problem reporting

8 thanks

Darmok and Jalad at Tanagra

1 thanks

June 22nd, 2015, 11:32 AM

#3 (permalink)

SMCJB

Houston TX

Legendary Market Wizard

Experience: Advanced

Platform: TT Stellar & Tradestation

Broker: Primarily Advantage Futures

Trading: Primarily Energy but also a little Equities, Fixed Income, Metals, U308 and Crypto.

Frequency: Many times daily

Duration: Never

Posts: 5,241 since Dec 2013

Thanks Given: 4,586

Thanks Received: 10,532

They took a beating in the Swiss Franc move.

Lots of discussion on this subject in

FXCM review
Please share your thoughts (good or bad) about FXCM if you are or have been a customer of FXCM directly.

Forex Trading | Currency Trading | Forex Broker | Forex | FXCM (

Thx,
Mike

and

FXCM's Suhail Afzal and Brad Gleason - Ask Me Anything (AMA)
Suhail Afzal is a Brand Ambassador at FXCM and Brad Gleason is a Senior Automated Trading Tech at FXCM, and both gentlemen will be monitoring this thread so that they may answer any questions that you post here relating to the products and services offered …

Thanked by:

Jason Rogers, SuperSaan

June 23rd, 2015, 11:46 AM

#4 (permalink)

Big Mike

Manta, Ecuador

Site Administrator
Developer
Swing Trader

Experience: Advanced

Platform: Custom solution

Broker: IBKR

Trading: Stocks & Futures

Frequency: Every few days

Duration: Weeks

Posts: 50,669 since Jun 2009

Thanks Given: 33,669

Thanks Received: 102,577

Please use the existing thread.

FXCM review
Please share your thoughts (good or bad) about FXCM if you are or have been a customer of FXCM directly.

Forex Trading | Currency Trading | Forex Broker | Forex | FXCM (

Thx,
Mike

Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread

Thanked by:

Closed Thread

Last Updated on June 23, 2015

NexusFi

About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Downloads - Top

no new posts