FXCM is a retail forex broker regulated in the US, the UK, Hong Kong, Australia, France, Dubai and Canada. In the US, FXCM is a registered FCM with the CFTC, and is a member of the NFA (ID # 0308179). FXCM provides No Dealing Desk trading execution†, eliminating any conflict of interest between broker and trader, and ensuring that there is no dealer intervention in trades. No Dealing Desk trades are executed back to back with one of the world’s premier banks or financial institutions, which compete to provide FXCM with bid and ask prices, providing spreads as low as 1 pip.
FXCM's discount brokerage division, FXCM Micro, allows traders to experience the excitement of the forex market with as little as $25.
FXCM’s top tier product, Active Trader, offers a level II type trading environment with 10 levels of market depth for a liquidity view seen by market makers. Short-term traders have the advantage of seeing actual liquidity available at individual price levels.
FXCM offers live support 24-hours-a-day, 7 days a week via phone, IM, and e-mail.
Sign up for a free $50,000 practice account.
*Without proper risk management, this high degree of leverage can lead to large losses as well as gains.
† Please note FXCM Micro in its discretion may or may not offset individual transaction unlike transactions in most FXCM Standard accounts.
Products Offered
Self-Trading Forex Accounts
Standard 10K accounts
Micro
MetaTrader 4
Active Trader Account
CFD Account
Spread Betting Account
Mobile TSII
Segregated accounts through FXCM-UK (an FSA regulated entity)
Automated Trading
Forex System Selector
Non-USD Forex Trading Accounts
Euro
Pound
CAD
JPY
AUD
NZD
Trading From Charts
Placing trades directly from the charts
No Dealing Desk†
Transparent and fair execution. Every trade is executed back to back with one of the world's premier banks or financial institutions, which compete to provide FXCM with bid and ask prices. The best spreads available to FXCM are streamed to you with a small markup, which is generally one pip or less for major currency pairs.
Fractional Pip Pricing
FXCM offers prices in tenths of a pip to provide lower spreads for popular currency pairs.
MetaTrader 4
All of the features of MetaTrader 4, plus the benefits of trading with one of the largest and most financially strong Forex Dealer Members.
$50,000 Practice Trading Account
You can test and evaluate trading strategies with no risk. You can access FXCM's Client Services staff 24 hours a day, 7 days a week, 365 days a year.
Forex News
DailyFX.com, FXCM’s free news Web site, is one of the world’s leading news and information sources for the currency trading community. With a wide international audience, it attracts over 4 million page views a month. DailyFX analysts produce 10 to 20 articles and reports every day on the latest changes in the currency market, providing timely technical analyses and a close examination of promising chart formations. DailyFX.com also attempts to predict market moves, explaining economic, political, and technical factors driving the market.
*Without proper risk management, this high degree of leverage can lead to large losses as well as gains.
† Please note FXCM Micro in its discretion may or may not offset individual transaction unlike transactions in most FXCM Standard accounts.
Languages: English, Arabic, Chinese, Farsi, French, German, Hebrew, Italian, Japanese, Korean, Portuguese, Russian, Spanish,
24 hour trading: Yes
Free demo account: Micro Demo Account, Regular Demo Account , Active Trader Demo
Live support chat: Forex Sales, Customer Service, Forex Market
Headquarters: Financial Square, 32 Old Slip, New York, NY 10005
