Online Currency Trading

If you are looking to get into online currency trading and you want a good site to use, you might want to consider using FXCM.co.uk.  This is an eye catching site with plenty of different aspects to look at, so let’s see what else we can find out.

Where is the site’s home page

You can see it here: FXCM

Can you open a practice account first?

Yes you can.  When you look at the home page you will see a large graphic stretching across the upper portion of the page.  Glance underneath that and on the left hand side there is an invitation to open a Free FXCM Practice Account.

This will give you the chance to see how everything works without investing any money up front.  Make sure you select the option on the right hand side, which is for UK investors only.  This has the advantage of incurring no Capital Gains Tax.

Is it good for beginners who are just getting to grips with the currency markets?

Yes. They also have a well thought out video to introduce you to the process.

The website will also provide you with lots of different charts you can use to work out which currencies you want to buy and sell.  You can still use information gained from elsewhere of course, but it is good to know the site is comprehensive enough to provide you with these.  There are both free and premium charts as well, depending on what you need.

In conclusion

If you are new to online trading, FXCM.co.uk could be the only place you need to go to in order to get started. We give it the maximum 5 stars.