FXCM – A Leading CFD, and Forex Provider
Who is FXCM?
FXCM Inc. (NYSE: FXCM) is a leading provider of forex trading, CFD trading, and related services. FXCM Australia Pty. Limited is headquartered in Sydney with knowledgeable professionals who provide exceptional customer service around the clock. We are regulated in Australia and several other jurisdictions around the world. FXCM provides fast and reliable execution on our award-winning platform, MT4 and other specialty platforms. Whether you are new to online trading or have experience trading and investing, FXCM has customisable account types and services for all levels of retail traders.
Fair and Transparent Execution
Since 1999, FXCM has set out to create the best online trading experience in the market. We pioneered the No Dealing Desk forex execution model, providing competitive, transparent execution for our traders.
Award-Winning Customer Service and Reliability
With top-tier trading education and powerful tools, we guide thousands of traders through the foreign exchange and CFD markets, with 24/7 customer service. FXCM’s reliable execution engines handle an average 550,000 trades (25.6* billion in volume) every day across our retail and institutional clients. Discover the FXCM advantage.
1 In some instances, accounts for clients of certain intermediaries are subject to a markup.
Spreads: Static spreads are time-weighted Standard account averages based on tradable FXCM prices from 1 January 2016 to 31 March 2016. Live spreads apply to Standard accounts, are variable, and are subject to delay. Spread figures are for informational purposes only. FXCM is not liable for errors, omissions or delays, or for actions relying on this information.
Commissions: Commissions are charged at the open and close of trades in the denomination of the account.
Compensation: When executing customers' trades, FXCM can be compensated in several ways, which include, but are not limited to: charging fixed lot-based commissions at the open and close of a trade, adding a markup to the spreads it receives from its liquidity providers for certain account types, and adding a markup to rollover. Under the Dealing Desk execution model, FXCM may act as a dealer and may receive additional compensation from trading.
Mini Accounts: Mini accounts offer 18 CFD instruments and up to 21 currency pairs (GBP/AUD is only available on AUD denominated accounts). Mini accounts default to dealing desk execution where price arbitrage strategies are prohibited. FXCM determines, at its sole discretion, what encompasses a price arbitrage strategy. Mini accounts utilising prohibited strategies may be switched to No Dealing Desk execution. Mini accounts with equity less than 10,000 CCY have 400:1 forex leverage; between 10,000 and 20,000, have 200:1; more than 20,000, have 100:1 leverage and No Dealing Desk execution. See Execution Risks.