Forex Pricing - FXCM

Forex Pricing

FXCM offers a transparent pricing model, made up of low, competitive commissions and super-tight spreads. You trade on the direct quotes we receive from our liquidity providers with no hidden markups, and our transparent commissions now start as low as $0.03 per 1k lot.

Commissions

On Standard accounts, FXCM charges a low, competitive commission to trade forex. Unlike many other forex providers, we do not markup the spreads, so there are no hidden charges or hidden fees when trading with FXCM. Commissions are based on instrument and trade size, and start as little as $0.03 per 1k lot.

COMMISSION SCHEDULE 1
AUD/USD
Trade Size 1,000 10,000 100,000 1,000,000
Per Side $0.03 $0.30 $3.00 $30.00
Round Turn $0.06 $0.60 $6.00 $60.00
COMMISSION SCHEDULE 2
EUR/USD - GBP/USD - USD/JPY - USD/CHF - EUR/JPY - GBP/JPY
Trade Size 1,000 10,000 100,000 1,000,000
Per Side $0.04 $0.40 $4.00 $40.00
Round Turn $0.08 $0.80 $8.00 $80.00
COMMISSION SCHEDULE 3
AUD/CAD - AUD/CHF - AUD/JPY - AUD/NZD - CAD/CHF - CAD/JPY - CHF/JPY - EUR/AUD - EUR/CAD - EUR/CHF - EUR/GBP - EUR/NOK - EUR/NZD - EUR/SEK - EUR/TRY - GBP/AUD - GBP/CAD - GBP/CHF - GBP/NZD - NZD/CAD - NZD/CHF - NZD/JPY - NZD/USD - TRY/JPY USD/CAD - USD/CNH - USD/MXN USD/NOK - USD/SEK - USD/TRY - USD/ZAR - ZAR/JPY
Trade Size 1,000 10,000 100,000 1,000,000
Per Side $0.06 $0.60 $6.00 $60.00
Round Turn $0.12 $1.20 $12.00 $120.00

Commissions shown above represent accounts with a base currency of AUD.

Spreads

The table below shows FXCM's average spreads for Standard Accounts. Our spreads are extremely low due to healthy competition in our vast network of global banks, financial institutions and other market makers that make up our renowned No Dealing Desk. You trade on the exact bid/ask quotes that stream from our liquidity providers.

Pair Spread Pair Spread
 
AUD/CAD 1.6 GBP/CHF 2.3
AUD/CHF 1.3 GBP/JPY 2.0
AUD/JPY 0.9 GBP/NZD 4.6
AUD/NZD 1.8 GBP/USD 1.1
AUD/USD 0.6 NZD/CAD 2.1
CAD/CHF 1.4 NZD/CHF 1.8
CAD/JPY 1.0 NZD/JPY 1.5
CHF/JPY 1.7 NZD/USD 0.9
EUR/AUD 1.5 TRY/JPY 2.6
EUR/CAD 1.5 USD/CAD 0.9
EUR/CHF 0.9 USD/CHF 0.8
EUR/GBP 0.7 USD/CNH 6.4
EUR/JPY 1.1 USD/JPY 0.5
EUR/NOK 39.7 USD/MXN 47.3
EUR/NZD 3.1 USD/NOK 26.8
EUR/SEK 28.8 USD/SEK 22.4
EUR/TRY 27.7 USD/TRY 14.8
EUR/USD 0.4 USD/ZAR 83.8
GBP/AUD 2.7 ZAR/JPY 0.5
GBP/CAD 3.0  

TRANSACTION COSTS

Two components make up your total transaction costs when trading forex with an FXCM Standard Account: our low commissions and tight spreads.

How to Determine Transaction Cost for Standard Accounts

Say for example that you want to trade a 1K lot of AUD/USD. Simply add the commission to open and close a 1K AUD/USD trade ($0.03 + $0.03 = $0.06) with the value of the spread (0.4 pips X $0.11) = $0.044.

1k AUD/USD trade example

Example Spread

To find the value of the spread, multiply the spread and the pip cost (displayed in the Simple Dealing Rates window of FXCM's trading platform).

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.

Average Spreads: Time-weighted average spreads are derived from tradable prices at FXCM from July 1, 2016 to Sept 30, 2016. Spreads are variable and are subject to delay. The spread figures are for informational purposes only. FXCM is not liable for errors, omissions or delays or for actions relying on this information.

Commissions: Commission-based pricing is available on Standard and Active Trader account types. Commissions are charged at the open and close of trades in the denomination of the account.

Intermediary Markup: In some instances, accounts for clients of certain intermediaries are subject to a markup.

Your browser is out of date!

Update your browser to view this website correctly. Update my browser now

×