Company Name:
Forex Capital Markets, LLC (FXCM)
Website Address:
www.fxcm.com
Year of company's foundation: 1999
Year of company's forex division foundation:
1999
Regulated by: :
CFTC (U.S.), NFA Member (U.S.), FSA (UK), SFC (HK),
ASIC (AUS), FSA/CECEI (France), DMCC (Dubai), CONSOB
(Italy)
Client base: More than 150,000 live accounts are traded via
trading platforms offered by FXCM.
Leverage: 100:1*
Commissions: Bid /Ask Max
Pip spread on majors: As low as 1
pips
Regular Account: Yes
Minimun account size for Regular Account:
$2,000
Mini Account: Yes
Minimun account size for Mini Account:
$25
Trading Platform:
FX Trading
Station
Disclosure:
*Without proper risk management, this high degree of leverage can lead to
large losses as well as gains.
**
FXCM strives to
provide traders with tight, competitive spreads; however, there may be
instances when market conditions cause spreads to widen beyond the typical
spreads. †
Please note FXCM Micro in its discretion may or may not offset individual
transaction unlike transactions in most FXCM Standard accounts.
Services:
Services: Founded in 1999, FXCM is one of the
largest and most financially strong forex brokers,
and is regulated in the United States, the United
Kingdom, Dubai, Hong Kong, Australia, Italy, and
France. FXCM offers a wide variety of products and
services, providing No Dealing Desk trading
execution† to over 150,000 live accounts trading
through multiple platforms offered by FXCM. FXCM’s
No Dealing Desk Execution† eliminates any conflict
of interest between broker and trader, 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**.
Key benefits to trading with FXCM include trading
directly from charts, positive rolls at all margin
levels, flexible leverage* and free access to
real-time proprietary trading signals.
FXCM has
a trading volume of, over $365 billion worth of
transactions monthly and, as a result, FXCM has
obtained close banking relationships with some of
the world’s largest and most aggressive price
providers. FXCM’s trading platforms have been tested
in all market conditions, and routinely handle about
300,000 trades per day, averaging 8,000,000 orders
executed each month.
FXCM's discount brokerage
division, FXCM Micro, allows traders to experience
the excitement of the forex market with as little as
$25..
Languages: English, Arabic,
Chinese, Farsi, French, German, Hebrew, Italian,
Japanese, Korean, Portuguese, Russian, Spanish
24 Hour trading: Yes
Free demo account:
Mini 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.
Country: United States
Phone: +1.212.897.7660
Fax: +1.212.897.7669
E-mail:
info@fxcm.com