Is FXCM still a reliable FX broker? - futures io
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Is FXCM still a reliable FX broker?

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Is FXCM still a reliable FX broker?

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  #1 (permalink)
Amsterdam, The Netherlands
Experience: Intermediate
Platform: Ninjatrader
Broker: IB
Trading: EUR/USD
Posts: 19 since Oct 2011
Thanks: 17 given, 23 received

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?


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  #3 (permalink)
Legendary Market Wizard
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They took a beating in the Swiss Franc move.

Lots of discussion on this subject in


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Please use the existing thread.


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June 23, 2015

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