My experience with FXCM has been nothing short of a nightmare. If you're thinking about using this broker, stay away!
I initially deposited €50 as a test, which took days to process, followed by a week to withdraw just €5 to my Wise account. After this test finally went through, I trusted them with a larger deposit. Big mistake.
After depositing all my euros into FXCM, I immediately requested a withdrawal to my Wise account. It took more than a week for them to come back with a ridiculous email telling me that, despite my previous withdrawal via SEPA, the funds had to be returned to my PayPal account because my initial deposit was from there. This was never mentioned during my initial test. And now, they're telling me to wait another 5 business days —basically another week—before I see my money in PayPal!
FXCM played games with my funds for over a month . It’s clear they’re holding onto people’s money unnecessarily, forcing them to wait for basic transactions that should take a fraction of the time. This clunky platform and their poor communication have caused nothing but headaches and delays.
Do yourself a favour—avoid FXCM at all costs! if you need help to withdraw your funds reach out to FOSTERBOON . O RG, they provide the best recovery service.
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