Updated Jan 19 2023
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Overview | |
FXCM is a global brokerage headquartered in the U.K that specialises in both retail and institutional trading with a comprehensive API offering. **The below information is provided based on FXCM EU LTD. For other FXCM entities, please go to the corresponding FXCM website for more information. TheTradingBible.com is acting in a capacity of marketing affiliate for FXCM EU LTD. |
Freedom Finance is an equities broker founded in 2008 belonging to the parent group Freedom Holding Corp (a publicly traded company on NASDAQ exchange). Their specialty is providing access to more than 1 million stocks, ETFs, bonds, futures and options worldwide along with IPOs. |
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Licenses | |
Financial Regulation Regulated Top-tier Licenses 2 Other Licenses 2 Provided by |
Financial Regulation Regulated Top-tier Licenses 2 Other Licenses 1 Provided by |
🏛 Financial Regulators | |
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The Good | |
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The Bad | |
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Status | |
Operational | Operational |
Recent News | |
No fresh news at the moment. Check again soon! |
No fresh news at the moment. Check again soon! |
Key Data | |
⌛ Account Opening Time | |
1 day | 1 day |
📋 Documents Required | |
All documents must be under the account holder's name. |
All documents must be under the account holder's name. |
📍 Year Founded | |
1999 | 2008 |
💳 Minimum Deposit Range | |
$50 | 0 |
💰 Payment Methods | |
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💵 Account Base Currencies | |
4 - EUR GBP, USD, CHF. | 3 - EUR, USD, GBP. |
🗽 Available to U.S Citizens | |
No | No |
❌ Restricted Countries | |
RU, US, CA, JP, SK, BE and more. |
SY, IR. |
📊 STP Account | |
No | No |
📊 DMA Account | |
No | Yes |
📊 ECN Account | |
No | No |
Banking License | |
No | Yes |
Debit Card | |
No | No | Assets |
📚 Assets Type | |
CFDs | Equities |
Total Asset Offering | |
447 | 1,411,284 |
Exchange Access | |
0 | 0 |
📙 Real Stocks | |
0 | 58,571 |
📙 Stock CFDs | |
341 | 0 |
📘 Currency Pairs | |
0 | 0 |
📘 Currency Pair CFDs | |
41 | 0 |
📗 Commodities | |
0 | 0 |
📗 Commodities CFDs | |
14 | 0 |
📕 Indices | |
0 | 0 |
📕 Indices CFDs | |
19 | 0 |
📔 ETFs | |
0 | 1,500 |
📔 ETFs CFDs | |
0 | 0 |
💸 Cryptocurrencies | |
0 | 0 |
💸 Cryptocurrency CFDs | |
22 | 0 |
📒 Bonds | |
0 | 191,959 |
📒 Bonds CFDs | |
10 | 0 |
📓 Options | |
0 | 1,153,234 |
📓 Options CFDs | |
0 | 0 |
📗 Futures | |
0 | 6,020 |
📗 Futures CFDs | |
0 | 0 | Trading Experience |
📈 Minimum Stock Trade Size | |
1 Share | 1 Share |
📉 Minimum ETFs Trade Size | |
Unavailable | 1 ETF |
📈 Minimum Crypto Trade Size | |
1 Unit | Unavailable |
📉 Minimum FX Trade Size | |
$1,000 (0.01 Lots) | Unavailable |
📈 Minimum Commodities Trade Size | |
Varies by Commodity (Eg: 1 Troy ounce of Gold) | Unavailable |
📉 Minimum Bonds Trade Size | |
Unavailable | 1 Contract |
📈 Minimum Futures Trade Size | |
Unavailable | 1 Contract |
📉 Minimum Options Trade Size | |
Unavailable | 1 Contract |
💪 Retail Leverage | |
30 | 3 |
💪 Professional Leverage | |
400 | Unavailable |
✍ Customisable Leverage | |
No | No |
🎲 Deleveraged Trading | |
No | Yes |
🎓 Demo Account | |
Yes | No |
📱 IOS App | |
Yes | Yes |
📱 Android App | |
Yes | Yes |
📺 MetaTrader 4 | |
Yes | No |
📺 MetaTrader 5 | |
No | No |
📺 cTrader | |
No | No |
💻 Web trader | |
Yes | Yes |
💻 TradingView Platform | |
Yes | No |
💻 Proprietary Platform | |
Yes | Yes |
📊 Multi-chart Tools | |
Yes | No |
👬 Copy Trading | |
Yes | No |
👫 Social Trading | |
Yes | No |
🔑 Guaranteed Stop-loss | |
No | No |
🔨 Trailing Stop-loss | |
Yes | No | Fees |
💰 Inactivity Fee | |
50 units of the account's base currency yearly after 1 year of inactivity. |
None |
💰 Deposit Fees | |
Yes on bank transfer withdrawals depending on location (from $10 to $40 on local currency). |
Yes, 7€ for bank transfers. |
💰 Withdrawal Fees | |
None | Yes, up to 2.5% for credit / debit cards. |
💰 Commissions | |
None | Yes and the vary per account: In their all inclusive USD account they charge,
In their Smart in EUR account they charge,
In their Fix in EUR account, they charge,
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Spreads |
📈 EUR/USD | |
Dynamic - From 1.2 Pips | Unavailable |
📉 SP500 | |
Dynamic - From 58 Pips | Unavailable |
📈 GOLD | |
Dynamic - From 41 Pips | Unavailable |
📉 TSLA (Stock CFD) | |
Dynamic - From $1.04 | Dynamic - Market Spread |
📈 XLK (ETF - CFD) | |
Unavailable | Dynamic - Market Spread |
📉 BTC | |
Dynamic - From $51 | Unavailable | Research and Analysis |
⭐ Watchlists | |
Yes | Yes |
🔭 Stock Screener | |
No | No |
🗓 Economic Calendar | |
Yes | Yes |
📜 Integrated Newsfeed | |
Yes | No |
📡 Reuters Feed | |
No | No |
📡 Educational Content | |
Yes | No |
📡 Live Chat Support | |
Yes | No |
📡 Video Tutorials | |
No | No |
📡 Account Management | |
No | No |
📡 Webinars | |
No | No |