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FXCM

Most trustedEst. 1999 · FCA #217689

Forex specialist with Trading Station and API access for systematic traders. Below is our full breakdown of how FXCM scores across the six factors that matter most to UK spread bettors.

79/100
BTS Score · rank #8 of 15
BTS Score79/100
Founded1999
Min deposit£50
FTSE 100 spreadfrom 1 pt
RegulationFCA #217689
Tax statusTax-free (UK)
Scorecard

How FXCM scores

Each category rated 0–10, then weighted into the overall BTS score.

Spreads
8.5
Platform
8.0
AI Tools
8.4
Markets
5.8
Education
7.5
Regulation
9.0

Strengths

✓Excellent forex spreads (from 0.2 pips Active Trader)
✓Strong API access (REST + FIX)
✓Trading Station backtesting engine
✓Active Trader volume discounts
✓FXCM Apps marketplace
✓Low minimum deposit (£50)

Trade-offs

–Very limited market range (400 instruments)
–Primarily forex-focused
–No share spread betting
–Platform feels dated vs CMC/IG
–Past regulatory issues (NFA ban in US)
–Limited index and commodity coverage
Trading platforms
Trading StationMetaTrader 4TradingViewZuluTrade
Head to head

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