# FXCM Brokerage information **URL:** \ **Category:** Trading and Markets\ **Created:** [February 6, 2017, 9:28pm UTC](https://forums.collective2.com/t/fxcm-brokerage-information/9233 "2017-02-06T21:28:14Z")\ **Posts on this page:** 7\ **Page:** 1
**Author:** ![BBTC](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/bbtc/32/1487_2.png) [@BBTC](https://forums.collective2.com/u/BBTC)\ **Post date:** [February 6, 2017, 9:28pm UTC](https://forums.collective2.com/t/fxcm-brokerage-information/9233/1 "2017-02-06T21:28:14Z")
Hi, I used to have IB for forex system. May I know what is your experience when using FXCM, especially the margin, slippage and commissions please. I heard some people complaint about spread issue at FXCM ---
**Author:** ![doug\_brobst](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/doug_brobst/32/238_2.png) [@doug\_brobst](https://forums.collective2.com/u/doug_brobst)\ **Post date:** [February 7, 2017, 2:16am UTC](https://forums.collective2.com/t/fxcm-brokerage-information/9233/2 "2017-02-07T02:16:14Z")
No direct experience. You might want to review this. [http://www.marketwatch.com/story/fxcm-banned-by-cftc-after-taking-positions-against-clients-2017-02-06](http://www.marketwatch.com/story/fxcm-banned-by-cftc-after-taking-positions-against-clients-2017-02-06) ---
**Author:** ![8dae\_yun](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/8dae_yun/32/1487_2.png) [@8dae\_yun](https://forums.collective2.com/u/8dae_yun)\ **Post date:** [February 7, 2017, 2:28am UTC](https://forums.collective2.com/t/fxcm-brokerage-information/9233/3 "2017-02-07T02:28:08Z")
Yes you are right, I just spoke with FXCM agent, she said, FXCM will close their office at US and they will not take US resident. What a shame, I can not follow forex system ---
**Author:** ![doug\_brobst](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/doug_brobst/32/238_2.png) [@doug\_brobst](https://forums.collective2.com/u/doug_brobst)\ **Post date:** [February 7, 2017, 2:37am UTC](https://forums.collective2.com/t/fxcm-brokerage-information/9233/4 "2017-02-07T02:37:52Z")
There’s [Forex.com](http://Forex.com), which is owned by Gain Capital ---
**Author:** ![t-devGROUP](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/t-devgroup/32/10991_2.png) [@t-devGROUP](https://forums.collective2.com/u/t-devGROUP)\ **Post date:** [February 7, 2017, 3:08am UTC](https://forums.collective2.com/t/fxcm-brokerage-information/9233/5 "2017-02-07T03:08:10Z")
This is the official press release from the CFTC regarding the FXCM news this afternoon. It was also just announced that all U.S. FXCM accounts will be sold or moved to [Forex.com](http://Forex.com) which is GAIN Capital. U.S. residents will be able to follow C2 Forex strategies at GAIN Capital. [http://www.cftc.gov/PressRoom/PressReleases/pr7528-17#PrRoWMBL](http://www.cftc.gov/PressRoom/PressReleases/pr7528-17#PrRoWMBL) ---
**Author:** ![8dae\_yun](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/8dae_yun/32/1487_2.png) [@8dae\_yun](https://forums.collective2.com/u/8dae_yun)\ **Post date:** [February 7, 2017, 3:24am UTC](https://forums.collective2.com/t/fxcm-brokerage-information/9233/6 "2017-02-07T03:24:10Z")
Thank you Rod for the info. For anyone who use Gain Capital, do you mind to share your experience regarding slippage, commission, spread and margin please and how satisfy you use Gain Capital , Thanks ---
**Author:** ![DavidStephens](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/davidstephens/32/6369_2.png) [@DavidStephens](https://forums.collective2.com/u/DavidStephens)\ **Post date:** [February 7, 2017, 2:21pm UTC](https://forums.collective2.com/t/fxcm-brokerage-information/9233/7 "2017-02-07T14:21:34Z")
So now FXCM is gone. Is it just me or does it seem like they are rapidly closing the doors on forex trading for the little guy?