NexusFi: Find Your Edge


Home Menu

 





Is FXCM still a reliable FX broker?


Discussion in Brokers

Updated
      Top Posters
    1. looks_one Quick Summary with 1 posts (0 thanks)
    2. looks_two SMCJB with 1 posts (2 thanks)
    3. looks_3 Big Mike with 1 posts (1 thanks)
    4. looks_4 SuperSaan with 1 posts (1 thanks)
    1. trending_up 3,032 views
    2. thumb_up 4 thanks given
    3. group 1 followers
    1. forum 3 posts
    2. attach_file 0 attachments




Closed Thread
 
Search this Thread

Is FXCM still a reliable FX broker?

  #1 (permalink)
 SuperSaan 
Amsterdam, The Netherlands
 
Experience: Intermediate
Platform: Ninjatrader
Broker: IB
Trading: EUR/USD
Posts: 20 since Oct 2011
Thanks Given: 17
Thanks Received: 23

I am considering opening an account at FXCM. However, I am a bit reluctant since I heard on the news that they were in financial problems in January. I checked their stock and it really plunged from 17 to now 1.5 USD.

What will happen with my money when they go bankrupt? And how likely is it they will?

Thanks!

Started this thread
Thanked by:

Can you help answer these questions
from other members on NexusFi?
Trade idea based off three indicators.
Traders Hideout
ZombieSqueeze
Platforms and Indicators
Better Renko Gaps
The Elite Circle
Increase in trading performance by 75%
The Elite Circle
Pivot Indicator like the old SwingTemp by Big Mike
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Just another trading journal: PA, Wyckoff & Trends
26 thanks
Diary of a simple price action trader
26 thanks
Tao te Trade: way of the WLD
23 thanks
My NQ Trading Journal
16 thanks
HumbleTraders next chapter
9 thanks
  #3 (permalink)
 
SMCJB's Avatar
 SMCJB 
Houston TX
Legendary Market Wizard
 
Experience: Advanced
Platform: TT and Stellar
Broker: Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,048 since Dec 2013
Thanks Given: 4,381
Thanks Received: 10,205


They took a beating in the Swiss Franc move.

Lots of discussion on this subject in

and

Thanked by:
  #4 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,440 since Jun 2009
Thanks Given: 33,207
Thanks Received: 101,599

Please use the existing thread.



Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal
Thanked by:

Closed Thread



Last Updated on June 23, 2015


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts