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FXCM fees

Cost is where brokers in the same regulatory bracket actually differ. The full fee record for FXCM, from the database.

Facts last checked . Read the full FXCM review.

What it costs to trade

Spread from
0.0 pips
EUR/USD spread
Approx. 1.2 pips, Standard
GBP/USD spread
Approx. 1.4 pips, Standard
Commission
$0 Standard; commission applies to Active Trader pricing
All-in cost, EUR/USD
Approx. 1.2 pips, Standard
Spread type
Variable
Overnight swap
Both: overnight financing may be charged or credited
Inactivity fee
$50/year after 12 months inactivity
Deposit fee
None internally for standard methods
Withdrawal fee
Card withdrawals generally free; bank-wire fees may apply
Currency conversion
Conversion at applicable exchange rate

What this means

Cost is where brokers in the same regulatory bracket actually differ.

A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

FXCM lists a minimum deposit of $50. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Questions about FXCM fees

What is the EUR/USD spread at FXCM?

FXCM records an average EUR/USD spread of approx. 1.2 pips, Standard on a variable pricing model.

Does FXCM charge commission?

FXCM's commission is $0 Standard; commission applies to Active Trader pricing. A commission account usually pairs with a tighter spread, so the two have to be read together.

Does FXCM charge an inactivity fee?

FXCM's inactivity fee is recorded as $50/year after 12 months inactivity.

Fees at brokers under the same regulator

More about FXCM