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Is FXCM still a reliable FX broker?


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Is FXCM still a reliable FX broker?

  #1 (permalink)
 SuperSaan 
Amsterdam, The Netherlands
 
Experience: Intermediate
Platform: Ninjatrader
Broker: IB
Trading: EUR/USD
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I am considering opening an account at FXCM. However, I am a bit reluctant since I heard on the news that they were in financial problems in January. I checked their stock and it really plunged from 17 to now 1.5 USD.

What will happen with my money when they go bankrupt? And how likely is it they will?

Thanks!

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 SMCJB 
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They took a beating in the Swiss Franc move.

Lots of discussion on this subject in

and

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 Big Mike 
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Please use the existing thread.



Mike

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