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Is FXCM still a reliable FX broker?
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Is FXCM still a reliable FX broker?

  #1 (permalink)
Elite Member
Amsterdam, The Netherlands
 
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Posts: 19 since Oct 2011
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Is FXCM still a reliable FX broker?

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!

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Market Wizard
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They took a beating in the Swiss Franc move.

Lots of discussion on this subject in
https://futures.io/brokers-data-feeds/13731-fxcm-review.html
and
https://futures.io/brokers-data-feeds/26336-fxcm-s-suhail-afzal-brad-gleason-ask-me-anything-ask-me-anything.html

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Please use the existing thread.

https://futures.io/brokers-data-feeds/13731-fxcm-review.html

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