The minimum deposit amount required to register an FXCM live trading account is $50 USD. This minimum deposit is equivalent to R750.00 ZAR at the current exchange rate between the US Dollar and the South African Rand at the time of writing.
| 🔎 Broker | 🥇 FXCM vs | 🥈 Plus500 vs | 🥉 XM |
| 💰 Min Deposit | $50 USD | €100 | $5 |
| R750 ZAR | R1600 ZAR | R75 ZAR | |
| 🚀 Open an Account | 👉 Click Here | 👉 Click Here (CFD Service. Your capital is at risk) | 👉 Click Here |
Min Deposit USD 50 Regulators FCA Trading Platform MT4, NinjaTrader, Trading Station Crypto Yes Total Pairs 42 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
FXCM Minimum Deposit – 8 Key Point Quick Overview
- ☑️ FXCM Overview
- ☑️ FXCM Minimum Deposit
- ☑️ How to Open an FXCM Account – A Step by Step Guide
- FXCM Deposit and Withdrawal
- FXCM Customer Reviews
- FXCM Pros and Cons
- Conclusion
- Frequently Asked Questions
FXCM Overview
FXCM is a UK-based broker that offers CFD trading on shares, stock indices, forex, commodities, and cryptos to a global market. FXCM has offices in a wide variety of global locations, including Berlin and Sydney with more than 130’000 customer accounts registered worldwide.
FXCM Minimum Deposit
The minimum deposit amount required to register an FXCM live trading account is $50 USD. This minimum deposit is equivalent to R750.00 ZAR at the current exchange rate between the US Dollar and the South African Rand at the time of writing.
| 🔎 Account Type | 🥇 Standard | 🥈 Active Trader |
| 💰 Minimum Deposit | $50 USD - $300 USD | $25'000 USD (Account Balance) |
| - | R750 ZAR - R4500 ZAR | R370'000 ZAR |
| 🚀 Open an Account | 👉 Click Here | 👉 Click Here |
How to Open an FXCM Account – A Step by Step Guide
1. Step 1: Start-Process.
Click on either blue Open Account button located on the FXCM homepage in order to start the process. Once this step has been completed, the applicant will be met with an explanation page with a larger Open Account Button. Click the button to continue.
2. Step 2: Apply Now.
The applicant must now select their country of residence plus their preferred platform for trade.
3. Step 3: General Information.
The following step is for the applicant to complete a selection of general information, including their preferred account option.
4. Step 4: Personal Information.
The applicant will be required to complete a Personal Information section, including citizenship, date of birth, and more.
5. Step 5: Contact and Employment Information.
The fifth step in the application process is to complete both contact and employment information, followed by questions in regards to the applicant’s trading history.
6. Step 6: Security and Referral
The final set of questions to complete will be concerning security measures plus a referral.
7. Step 7: Terms and Conditions
The account applicant must now carefully read, consider and ensure that they understand FXCM’s terms and conditions. Once they are secure in their choice to open an FXCM live trading account, they can now click on Finish.
FXCM Deposit and Withdrawal
FXCM clients will have access to the client service portal through their live trading account credentials. FXCM offers a range of secure funding options including Credit/Debit Cards, Bank Wire transfers plus Skrill, and Neteller. In regards to withdrawals, withdrawal requests are submitted online. A withdrawal request can be submitted online by selecting your withdrawal method and clicking “Submit”.
FXCM Customer Reviews
Great Experience.
When I needed their help, the customer service was awesome! – Stan
Very Good Service.
Great Service received from FXCM. Timely Support, Low spread, and an excellent overall experience. – Abigail
Highly Recommend!
This is my first experience with a financial broker and I can’t recommend FXCM enough. Excellent! – Donna
FXCM Pros and Cons
| ✅ Pros | ❌ Cons |
| Easy Account Setup | Limited Product Portfolio |
| Good Technical Tools | High Withdrawal Fees |
Min Deposit USD 50 Regulators FCA Trading Platform MT4, NinjaTrader, Trading Station Crypto Yes Total Pairs 42 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
Conclusion
Overall, The minimum deposit amount required to register an FXCM live trading account is $50 USD / R750 ZAR.
You might also like: FXCM Review
You might also like: FXCM Account Types Overview
You might also like: FXCM Demo Account – Step by Step
You might also like: FXCM Fees and Spreads
You might also like: FXCM Sign up Bonus
Frequently Asked Questions
Are my deposits safe with FXCM?
Yes, FXCM is well-regulated and provides negative balance protection for retail clients under selected regulated entities.
How does the minimum deposit of FXCM compare to similar brokers?
The FXCM minimum deposit amount of $50 USD / R750 ZAR can be seen as fair, as same tier providers require minimum deposit amounts of up to €100 Euros / R1600 ZAR.
What are the deposit methods for FXCM?
FXCM offers a range of secure funding options including Credit/Debit Cards, Bank Wire transfers plus Skrill, and Neteller.
What are the deposit currencies for FXCM?
The deposit currency for FXCM will be dependent on the base currency a trader has chosen to select for their FXCM live trading account.
How long does a withdrawal from FXCM take?
The execution speed of an FXCM Withdrawal will depend on the withdrawal option selected. Execution speed can range from instant up to 1-2 Business Days.
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