With its head office in Saint Vincent and the Grenadines, FCMarkets is an online trading broker that provides traders with seamless access to the global financial markets: forex, commodities, indices, metals, and shares. The broker was launched in 2007 and operates the STP execution model, which offers access to the interbank markets. They provide traders with the right trading resources, such as the MT4 trading platform, useful trading tools, educational resources, and the services of a reliable client support team. The broker’s other essential features are low spreads from 1 pip, zero commissions, leverage of up to 1:400, demo account, and more. The minimum deposit required to start trading is $500.
FCMarket Review Introduction
In this FCMarket review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers, including FCMarket.
FCMarket Platforms & Tools
FCMarket’s traders are allowed to buy and sell the available financial markets using the MT4 trading platform. It is an advanced trading platform that was launched in 2005 and has since grown to become the choicest trading platform among forex and CFD traders. The MT4 trading platform is replete with various helpful trading tools and advanced trading capabilities, such as technical analysis tools, drawing tools, expert advisors, and more. The broker makes the MT4 trading platform available as a desktop application for Windows and Mac computers, WebTrader that runs directly on modern web browsers without needing to download or install any additional software, and a mobile app that is designed for smartphone devices running on Android and iOS.
To ensure traders get an enhanced trading experience, the broker makes available a good range of useful trading tools, including the Digital Currency Exchanger, Atomic Clock Software, and an economic calendar that shows the schedule of market events and their expected impacts on the financial markets.
FCMarket Research & Education
There is a good selection of educational resources on the broker’s website. They are designed to improve clients’ overall trading skills. The learning resources include forex tutorials, learning articles, an FAQ section, and a glossary that shows the various trading terminologies and their detailed explanations.
FCMarket Trading Accounts
The broker offers traders a standard live trading account that requires a minimum deposit of $500. A demo account is also available to help traders test out their trading strategies risk-free before implementing them on the live account.
FCMarket Account Funding
The following payment methods are accepted at FCMarket for account deposits and withdrawals:
- Bank Wire Transfer
- Credit Card: Visa, Mastercard, Visa Electron
- Online Payment Processors: Neteller, Skrill, and more
FCMarket Customer Service
The broker provides traders with a knowledgeable client support team who are available 24/5 from 4:00 am to 09:00 pm GMT (Monday to Friday) and can be reached via email.
FCMarket is registered and licensed by Saint Vincent and the Grenadines Financial Services Authority (SVG FSA).
FCMarket Review Summary
FCMarket is an online financial services provider that allows traders to buy and sell multiple financial assets using the MT4 trading platform. Their clients benefit from various competitive trading conditions, such as demo account, leverage of up to 1:400, zero commissions, spreads from 1 pip, and more. The minimum deposit required to begin trading is $500. The broker is regulated by the SVGFSA.
It is worth mentioning that some of the trading products and services in this FCMarket review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the FCMarket broker website, which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.