FXPCM Review

FXPCM
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FXPCM is a well-established broker since 2007. FXPCM has headquarters in Canada, Mauritius, United Arab Emirates and United Kingdom. They are generally well-suited for FXPCM to provide their Forex/CFD trading services to global clients.

This broker has also been regulated by Dubai Gold and Commodities Exchange 114 and SCA (UAE) 204.


Company Information

Website
www.fxpcm.net

Established
2007

Country
Canada, Mauritius, United Arab Emirates and United Kingdom

Regulation
Dubai Gold and Commodities Exchange, 114
SCA (UAE), 204

Features

Trading by telephone

Account Information

Apart from the forex demo account, this broker offers Elite, Zero Spread, Digital Currencies, Micro and Mini. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by FXPCM is up to 1:500. Meanwhile, you can open an account with a starting capital of $100.

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Minimum Deposit

$100

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Maximum Leverage

1:500

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Spread

Fixed

If you want to look for a more simple explanation regarding this broker's account type(s), take a loot at the following chart:



Minimum Deposit $10000

Minimum Position 1 lot

Spread Fixed

Scalping

Expert Advisors

Hedging

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Instruments Traded

Besides lots of currency pair, FXPCM also offers some instruments you would like to trade on, such as Forex, Gold & silver and CFD for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for Elite account, FXPCM specifically provides it with the following instruments and leverage:


Forex

Forex
1:100

Gold & silver

Gold & silver
1:100


Minimum Deposit $100

Minimum Position 0.01 lot

Spread Fixed

Scalping

Expert Advisors

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Instruments Traded

Besides lots of currency pair, FXPCM also offers some instruments you would like to trade on, such as Forex and Gold & silver for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for Zero Spread account, FXPCM specifically provides it with the following instruments and leverage:


Forex

Forex
1:200

Gold & silver

Gold & silver
1:200


Minimum Deposit $100

Minimum Position 0.01 lot

Spread Fixed

Scalping

Expert Advisors

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Instruments Traded

Besides lots of currency pair, FXPCM also offers some instruments you would like to trade on, such as Cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for Digital Currencies account, FXPCM specifically provides it with the following instruments and leverage:


Cryptocurrencies

Cryptocurrencies
1:50


Minimum Deposit $100

Minimum Position 0.01 lot

Spread Fixed

Scalping

Expert Advisors

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Instruments Traded

Besides lots of currency pair, FXPCM also offers some instruments you would like to trade on, such as Forex and Gold & silver for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for Micro account, FXPCM specifically provides it with the following instruments and leverage:


Forex

Forex
1:500

Gold & silver

Gold & silver
1:200


Minimum Deposit $2000

Minimum Position 0.1 lot

Spread Fixed

Scalping

Expert Advisors

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Instruments Traded

Besides lots of currency pair, FXPCM also offers some instruments you would like to trade on, such as Forex and Gold & silver for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for Mini account, FXPCM specifically provides it with the following instruments and leverage:


Forex

Forex
1:200

Gold & silver

Gold & silver
1:100

Payment Methods

FasaPay : Known as an e-payment for retail forex traders, FasaPay does not require a huge amount of fee, giving it a competitive edge among any other e-payments in the forex brokerage industry. Instant process is also featured as one of its advantages.

Wire transfer : Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.

WebMoney : WebMoney is one of the major online wallet services which many people use to send money around the world. For this reason, there is a large number of forex brokers that accept WebMoney today. Like other online payment services today, WebMoney is supported by mobile applications to make transactions more efficient.

Skrill : Mostly, all forex brokers provide Skrill as an online payment service option. Fast, easy, and safe transactions are the main reasons why traders using this method. Traders can use Skrill to fund their trading accounts with either payment cards, bank wire transfers, or directly from a Skrill e-wallet account.

PayPal : Online payment was not a thing back in the early 2000s, but PayPal has been in the market since 1999 and thus deserves to be regarded as one of the first e-payment services in the world. The US-based company is popular across many online platforms, including forex brokers.

Neteller : Like PayPal, Neteller is one of the most popular online payment services today. Due to this popularity, nearly all forex brokers accept Neteller as a payment method for their clients' fund deposit and withdrawal. Although the Neteller system is available almost all over the world, it remains particularly popular in Europe.

FXPCM also provides payment with YooMoney, Western Union, UnionPay and Ukash




Trading Platforms

Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.

Hereby, FXPCM offers you MetaTrader 4.

Customer Support

Do you have any question or find any trouble related to FXPCM? If you do, you should reach FXPCM's support to get the information that you need. Here is the detail of the broker's customer support:

Website Languages

Arabic
Chinese
English
Indonesian
Russian

Office
Support

Email
Support

Call
Support

Chat
Support




FAQ About FXPCM


Is FXPCM a good broker?

A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if FXPCM is a good broker for you or not by reviewing the criteria. In general, FXPCM provides trading service in Forex , Gold & silver , CFD and Cryptocurrencies . As for the payment methods, you can choose between FasaPay, Neteller, PayPal, Skrill, Ukash, UnionPay, WebMoney, Western Union, Wire transfer and YooMoney. The customer support is available via Callback, Email, Forum, Live chat, Office, Phone and Skype.


What is the minimum deposit for FXPCM?

The starting capital in FXPCM is $100.


Is FXPCM regulated?

FXPCM is regulated by Dubai Gold and Commodities Exchange 114 and SCA (UAE) 204. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.


Is FXPCM legit?

FXPCM is a brokerage company offering trading services for clients since 2007 with offices in Canada, Mauritius, United Arab Emirates and United Kingdom.


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