FXCM Trading Review

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FXCM Trading Review 2017-10-21T14:17:51+00:00

FXCM Trading Review

FXCM is a world leader in currency trading, CFDs and other related services. A team of experienced professionals, based in Paris is at your disposal to meet you. FXCM is regulated by the AMF as well as in several jurisdictions around the world. We offer fast and reliable execution on the industry-award-winning MT4 platform, as well as on our other platforms. Whether you are a beginner or a confirmed trader, you will find a solution tailored to your level among the different services offered by FXCM.

History of FXCM

Since 1999, FXCM has been providing the best possible trading experience in the various financial markets. Pioneer of the No Dealing Desk execution model on Forex, FXCM offers its clients a seamless execution at competitive prices.

Customer service recognised and reliable

Using advanced trading and education tools, as well as 24-hour customer service, we lead thousands of traders in the currency and equity markets. The reliable FXCM technology allows us to manage an average of 550,000 trades (25.6 billion in volume) issued by our individual and institutional customers. Discover all the FXCM benefits. Discover all the FXCM benefits.

Spreads and commissions:

These displayed spreads show the best prices for the purchase and sale of the FXCM offer. They are the result of weighted averages from market prices at FXCM from April 1, 2017 to June 30, 2017. Spreads are variable and may change. FXCM strives to provide traders with competitive spreads; however, there may be cases where market conditions result in widening spreads beyond the spreads shown here. Commissions are applied in the currency of the account name. FXCM assumes no responsibility for errors, inaccuracies or omissions and does not warrant the accuracy or completeness of any information, text, graphics, links or other materials contained in this documentation.

The spreads and commissions displayed may differ for certain types of accounts. Existing accounts will be submitted to the new commission after notification by FXCM. Some account types, such as Mini Accounts and customer accounts of certain intermediaries are subject to a mark-up. Accounts subject to a commission structure will be remunerated in the currency of the account name.

The above information is provided for information purposes only and does not constitute investment advice. FXCM assumes no responsibility for errors, inaccuracies or omissions and does not warrant the accuracy or completeness of any information, text, graphics, links or other materials contained in this documentation.

Compensation:

When FXCM carries out its clients’ trades, the company can be compensated in several ways, including, but not limited to, fixed batch commissions for the opening and closing of a position. This adds a mark-up to the spreads received by liquidity providers on certain types of accounts and also adds a mark-up to the rollover. Under the Dealing Desk execution model, FXCM can act as a dealer and can receive additional offsets from trading.FXCM Trading Review.

Mini Accounts:

They offer 18 instruments on CFDs and 21 currency pairs, and are defaulted to the Dealing Desk execution where price arbitrage strategies are prohibited. FXCM determines, in its sole discretion, what a price arbitrage strategy includes.

  • Mini Accounts using prohibited policies could be transferred to the No Dealing Desk runtime model.
  • Experienced traders can trade Mini accounts with a leverage of 200: 1. Forex traders who are new to Forex and CFDs with a leverage of 50: 1 by default.
  • Mini accounts with a capital of less than 20,000 units in the denomination currency of your account enjoy a 200: 1 leverage on Forex.
  • Those whose capital is above 20,000 units benefit from a 100: 1 leverage and switch to a No Dealing Desk execution model.