Introduction
FXPCM.net is a website that provides information on forex and binary options trading. The website includes broker reviews, regulation information, platform comparisons, and instrument ratings.
About FXPCM
FXPCM is an online trading broker that offers access to the global financial markets. The company is headquartered in Cyprus and is regulated by the Cyprus Securities and Exchange Commission (CySEC). FXPCM offers a range of trading platforms, including the popular MetaTrader 4 (MT4) platform, as well as a range of tradable instruments including forex pairs, CFDs, indices, metals and energies. The company also offer Islamic accounts and 24/5 customer support.
FXPCM Regulations
FXPCM is a global provider of online foreign exchange (FX) trading, offering access to major markets around the world. The company is one of the few brokers that are regulated in multiple jurisdictions, including the UK, Australia and New Zealand.
The FXPCM Group is authorised and regulated by the Financial Conduct Authority (FCA) in the United Kingdom. The company’s FCA registration number is 579202.
In Australia, FXPCM is regulated by the Australian Securities and Investments Commission (ASIC). The company’s ASIC registration number is 409535.
In New Zealand, FXPCM is a registered Financial Service Provider (FSP), with registration number FSP238465.
The company provides two main types of accounts: standard account and pro account. The standard account requires a minimum deposit of $250 and offers leverage up to 1:200. The pro account requires a minimum deposit of $25,000 and offers leverage up to 1:500. Both account types offer commission-free trading on over 50 currency pairs.
FXPCM Platforms
FXPCM.net provides a variety of platforms for its clients to trade on, including the MetaTrader4 (MT4), WebTrader, and Mobile Trader platforms. The MT4 is one of the most popular trading platforms in the world and is available for both desktop and mobile devices. The WebTrader platform is an online trading platform that can be accessed from any web browser. The Mobile Trader platform is designed for trading on mobile devices and can be downloaded from the App Store or Google Play.
FXPCM also offers a range of different account types to suit the needs of its clients. The Standard account offers spreads from 1 pip, leverage up to 1:500, and a minimum deposit of $100. The ECN account offers spreads from 0 pips, leverage up to 1:500, and a minimum deposit of $500. The VIP account offers spreads from 0 pips, leverage up to 1:200, and a minimum deposit of $50,000.
FXPCM provides its clients with a wide range of instruments to trade on, including major & minor currency pairs, metals, energies, indices, and cryptocurrencies. It also offer access to a wide range of markets, such as Forex, CFDs on shares & indices, commodities & energies, precious metals & cryptocurrencies.
FXPCM Instruments
When it comes to instruments, FXPCM offers a good variety of options for its clients. The most popular ones are Forex pairs, but the broker also supports Commodities, Indices, Stocks and Cryptocurrencies. For those who want to diversify their portfolios, this is definitely a good choice.
The spreads offered by FXPCM are very competitive, starting at just 0.0 pips for the EUR/USD pair. leverage goes up to 1:500 and the minimum trade size is just 0.01 lots. There is no commission charged on trades.
Overall, we were quite impressed with the instrument offering of FXPCM. The only thing that could be improved is the addition of more exotic currency pairs and perhaps some CFDs on stocks or indices outside of the Europe/US markets.
FXPCM Ratings
The forex and CFD broker FXPCM is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 202/13. The company is also a member of the Investor Compensation Fund (ICF).
FXPCM offers its clients the MetaTrader 4 (MT4) trading platform for desktop, web and mobile devices. The broker provides traders with a wide range of tradable instruments including major, minor and exotic currency pairs, precious metals, energies, equity indices and cryptocurrencies.
FXPCM’s spreads are variable and start from as low as 0.0 pips on the EUR/USD pair with leverage up to 1:500. The minimum deposit required to open an account is $100.
Overall, we rate FXPCM as a good choice for forex and CFD trading with a trusted regulator, competitive spreads and a good selection of tradable assets.
Conclusion
Overall, we found FXPCM.net to be a reliable and trustworthy broker. They are well-regulated by multiple financial authorities, offer a variety of platforms and instruments for trading, and have generally positive customer reviews. We would recommend them as a good choice for both beginner and experienced traders alike.