Operating since 2010 from Saint Vincent Vincent and the Grenadines, FXM Capital is an online financial services provider that gives traders the opportunity to trade multiple financial instruments across five asset classes — Forex currency pairs, stocks, indices, commodities, and cryptocurrencies — via the MetaTrader 5 trading platform. They also provide some helpful trading tools and educational resources. The broker offers multiple account options with a required minimum deposit of $250 and a leverage of up to 1:500 whilst charging no commission on trades.
FXM Capital Review Introduction
In this FXM Capital 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 FXM Capital.
FXM Capital Platforms & Tools
FXM Capital provides traders with the MetaTrader 5 trading platform, which is a leading trading platform that is widely used by forex/CFD traders globally. The platform has an intuitive and simple interface, and it offers 4 execution methods: Request, Market, Instant, and Exchange. The MT5 platform also has advanced tools for technical and fundamental analysis. There are Expert Advisors available to support automated trading and signal copying.
The broker provides the MT5 platform as a desktop application for Windows and Mac computers; a WebTrader that runs directly on most modern web browsers, such as Chrome, Safari, Firefox, and Edge; and a mobile app that can be downloaded from Google Play and Apple stores with Android and iOS devices respectively.
The broker has some standalone trading tools in addition to the tools built into the MT5 platform. They include Economic Calendar, Currencies Strength, and more.
FXM Capital Research & Education
FXM Capital provides clients with educational resources in the ‘Knowledge’ section of its website, which contains articles, a glossary of trading terms along with their detailed explanations, and an FAQ section that answers clients’ most common questions.
FXM Capital Trading Accounts
There are a variety of different account types available to FXM Capital’s clients to meet their individual trading needs. They include Basic ($250), Advanced ($5,000), and Premium ($25,000) Accounts. No commissions are charged on trades.
FXM Capital Account Funding
Traders can deposit and withdraw funds to and from their trading accounts using any of the following payment methods:
- Bank transfer
- Credit/Debit Cards – such as Visa, MasterCard
Some payment methods may not be available in some specific countries, whereas the transaction processing time is dependent on the payment method used.
FXM Capital Customer Service
The broker offers a customer support team that is available to respond to clients’ queries via telephone and email.
FXM Capital Regulation
FXM Capital is owned and operated by BG Investment Limited, a company established under the law of Saint Vincent and the Grenadines (registration number: 25897 IBC 2017). However, there is no regulatory information on the broker’s website at the moment.
FXM Capital Review Summary
Overall, FXM Capital is an online trading broker that operates from Saint Vincent and the Grenadines, offering online trading of multiple financial instruments via the MetaTrader 5 trading platform. They also provide traders with some useful trading tools, educational resources, and a customer support team. However, they are not regulated at the moment, which is a deterrent to potential traders.
It is worth mentioning that some of the trading products and services in this FXM Capital review may differ or not be available to traders in some countries due to regulations. As broker’s terms can change over time, please verify all information is up to date directly from the FXM Capital 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.