Got margin call after 4$ drawdown. my account is 25$. who would expect for them to just steal money like that. Best advice from me.. you have other options. Please read review of other brokers.

- Reviewed by FXhunter, July 17, 2010. Rating = 1/10

Never use this one if you work with MT4. Gonna lose your money. Scam!!!

- Reviewed by animassen, June 19, 2010. Rating = 1/10

Great broker, good spreads, good execution. Good closeout.

- Reviewed by DAVEDFOX, June 7, 2010. Rating = 9/10

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2010/11 FXCM Micro Ratings
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2009/10 FXCM Micro Reviews

May 1, 2009 - Apr 30, 2010

I love Fxcm micro. They explicitly explain why the customer service is top notch for micro accounts. I manage my trades very well. I traded from $300 to $2150 in one month and then from $2150 to $12700 the following month. I don't have a problem with fxcm micro.

- Reviewed by nojob, April 18, 2010. Rating = 8/10

I cannot believe what a big broker how this give spreads in majors on the 2.5 pips and likely more of 3!!!!!! I don't see advantages to trade with FXCM for now.

- Reviewed by fxismylife, March 22, 2010. Rating = 4/10

Once you start making money with them say goodbye to your hard earned money. They don't care about micro customers as live chat and phone support is only for standard accounts...wow. Worst customer service I have experienced in a forex broker. Don't trust this bucket shop. Thought they might have changed their ways but it's still the same crappy fxcm we all know and love.

- Reviewed by Pips, February 6, 2010. Rating = 1/10

FXCM collects interest at the roll over time but they don't pay it. In a market run the desk locks you out of taking a position so money is lost there. 6 times I've been closed out of what would have been profitable trades by mysterious margin calls even though I was no where near the point of a legitimate margin call. The FXCM employees are thieves and will rob you blind.

- Reviewed by Sean Coast, January 28, 2010. Rating = 1/10

When it works it's fine. The problem with fxcm is their really atrocious 'customer service' and frequent outages. If you speak to 4 or 5 different customer service people for whatever problem or question, you will get 5 or 6 different stories. They seem to be clueless, and it seems as if they really couldn't care less what the customer thinks. Not good. Never expect a straightforward answer to your questions. Perhaps they hire idiots to sound polite on the phone, but the result is they seem like liars and cheats.

- Reviewed by nyhitrader, January 23, 2010. Rating = 5/10

Absolutely ok. Loss money at one time due to system failure, they refunded back the full amount. Just wished they used MT4 for micro.

- Reviewed by Aarasu, December 12, 2009. Rating = 8/10

Good.

- Reviewed by yilomka, October 23, 2009. Rating = 9/10

FXCM is the greediest, the most dishonest and the lack of technological advancement there is in the whole wide trading industry. Nothing works right. Orders are Lagging, pips are taken away for no reason. The spreads get ridiculous, and basically every single trade is a total rip off and a waste of time. Their customer support is just useless. Everyone is busy chasing something other than trying to fix the issues and correct their technological doom which WILL get the out of business sooner or later! Brokers like this should be punished!

- Reviewed by Tom_Ace, August 27, 2009. Rating = 1/10

It's just fine.

- Reviewed by Lovie, June 26, 2009. Rating = 10/10

Did not believe those scam stories till it happened to me 2 days consecutively. On both occasions, my account is close to the level where they will close out all your trades due to insufficient margin. Prices on both days spike up to evoke closure of all my trades and the price that triggered the closure of my trades happen to be the highest price for that period.Prices reversed quickly after that. Highly suspicious. Not sure whether to file a complaint since my account is only about %100 each time and not sure whether the authorities can do anythng about it. I am convinced now to put my money elsewhere ( likely to be Oanda ). Avoid FXCM.

- Reviewed by nk, June 3, 2009. Rating = 1/10

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2009/10 FXCM Micro Ratings
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2008/09 FXCM Micro Reviews

May 1, 2008 - Apr 30, 2009

Very low spreads, best in town for small accounts under 7k.

- Reviewed by BJ, April 24, 2009. Rating = 10/10

This is the worst company we have dealt with. They are a dealing desk of sorts, and they do take the other side of your trade, but won't tell you this. I could just tell when I would place a trade there WAS manipulation in the spread. STAY AWAY!!!!

- Reviewed by mitchfx, April 2, 2009. Rating = 1/10

Service was ok, however spreads were not as competitive as other places. Was mainly there because of Kathy and Boris but has since moved on. Still a big fan of MT4.

- Reviewed by SeekingFXreturns, February 24, 2009. Rating = 5/10

Spreads are not stable.

- Reviewed by FXyoga, February 12, 2009. Rating = 8/10

Great platform but spread is not consistent. Huge spreads. And execution may be quick with the 1 click buy sell exit( sweet) but I know they gap the spread to close stops and hit your entry orders. Scammish I think.

- Reviewed by fxsucker, January 10, 2008. Rating = 2/10

Undoubtedly the worst experience of mylife. I have been unable to close a trade where I was making even a few cents profit. The software is slow and unresponsive. The charts are slow as compared to other live accounts. I would recommend flushing cash down the garbage disposal as a better alternative.

- Reviewed by Lori, December 3, 2008. Rating = 1/10

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2008/09 FXCM Micro Ratings
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