TradeFCM Journal (Broker out of business)
| Journal status: closed TradeFCM out of business |
TradeFCM Profile
Website
tradefcm.com
Year
2002
Country
UK
Branches
1
Regulation
not regulated
Registration
no
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
...
Broker type
DMA, ECN marketing
Dealing book
A+B hybrid book
Tier
3
Execution speed
10 ms
LPs total
...
LPs quality
...
LPs names
...
TradeFCM Accounts
ECN
Minimum Deposit
2000 $
Leverage
1000 : 1
Minimum Lot
0.01 lots
EURUSD spread
0.1 pips
Commission
0 $/lotRT
Volume
20 lots
Margin Call
40 %
Stop Out
30 %
Execution
Market
Spread
floating
Scalping
...
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Skrill, Neteller, PayPal
Base currency
USD, EUR, GBP
Segregated accounts
yes
Interest on margin
no
Inactivity fee
after ... months
| Update broker |
Is TradeFCM safe?
- Investor protection: no
- Regulation: not regulated
- Registration: no
- Publicly traded: no
- Segregated account: yes
- Guaranteed Stop Loss: no
- Negative Balance Protection: yes
Is TradeFCM trusted?
- Information transparency: limited
★★ - Customer service: virtually non-existent
★ - TradeFCM website: uninformative, updated
★★ - TradeFCM popularity (by visitor count): least visited
★
How TradeFCM works
Tightspreads - from 0.1 points on Mini and Classic accounts and from 0.0 points on ECN accounts
https://tradefcm.com/company/why-tradefcm/
Raw ECN spread starting from 0 pip.
https://tradefcm.com/account/professional-account/
4.1. The Company provides Market Execution on all the trading instruments. The Company applies ECN/STP model to orders’ execution, that is, all the Client’s positions are offset to the interbank liquidity providers. In some cases the orders may fail to be offset, or the Company may solely decide not to offset an order or a group of orders.
4.5.4. In case the Client uses an Autotrading Software performing over 30 requests per minute the Company reserves a right to ban such Expert Advisors or cBots;
7.3.7 The Company may at its discretion change the leverage of any account under circumstances different from the cases described in the Agreement should it be deemed necessary or appropriate.
4.5.4. In case the Client uses an Autotrading Software performing over 30 requests per minute the Company reserves a right to ban such Expert Advisors or cBots;
7.3.7 The Company may at its discretion change the leverage of any account under circumstances different from the cases described in the Agreement should it be deemed necessary or appropriate.
https://tradefcm.com/customer-agreement/
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