FXCM

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Note: The following information has not been updated by the vendor since 03/05/15.

Address:	55 Water St. FL 50
	New York, NY 10041
Phone # for sales:	(212) 897-7660
Additional Phone #:	888 50 FOREX (36739)
Fax:	(212) 897-7669
Website:	www.fxcm.com
Click link to request additional product information.
E-mail address:	info@fxcm.com

CATEGORY: BROKERAGES

General Information | Account Information | Features | Additional Comments

General Information TOP

Brokerage name: FXCM

Minimum account size: $2000-$3000

Base commission rates: Bid/Ask Spread

Brief explanation of margin rates, if applicable:

Forex Capital Markets (FXCM) is a leading global forex broker that caters to both retail and institutional markets. Founded in 1999, FXCM is one of the largest brokers, regulated by several of the world's most respected financial authorities. At the heart of FXCM's client offering is No Dealing Desk forex trading execution.* Under this system, 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. This model eliminates any conflict of interest between broker and trader by ensuring that there is no dealer intervention in trades. Spreads at FXCM are variable and change based on market liquidity as well as the currency pair. They also have fractional pip pricing. Spreads are as low as 1 pip. *This information is substituted with the following material in "Types of trading accounts offered"

This brokerage has been in business for: 10-15 years

Primary type of broker: Forex

Brief description of services offered:

N/A

Account Information TOP

Types of trading accounts offered:

On-Line Discount Broker

Customers online account information is updated: Up to the minute

Types of trades offerered:

Cash markets
Forex

Other trade types: Spot Foreign Exchange (Forex)

Types of quotes offered to customers:

Real-Time

Execution methods offered:

Online Broker(trade desk)
Broker

Exchanges covered: N/A

Setup or initial costs to set up an account: N/A

Features TOP

Types of services offered to customers:

Technical Analysis
Fundamental Analysis
Basic -charts & graphs
Advanced- charts & graphs (technical indicators, ability to change parameters, etc.)
Trading software- charts & graphs (create trading systems, scan and sort based on technical criteria)
Head line news
Unique proprietary stories and news coverage
Portfolio management
Wireless (quotes, alerts, execution, etc.)

Ways customers can access their trading account:

Internet
Telephone

Allow stop, limit, and stop limit orders? Yes

Charge extra for stop, limit, and stop limit orders: No

Offer 24 hour customer support: Yes

Offer tax planning advice: No

Additional Comments TOP

Special features included in the service are:

Economic Calendar: a complete release schedule of news events coming out of the G-10 countries, with sort and filter capabilities to rank each by their importance and impact on specific currencies. Forum: The DailyFX forum is a serious online forum that avoids the "market noise" and irrelevant personal commentary that plague many forex blogs and forums. DailyFX continues to keep the DailyFX forum the place where real traders go to talk about serious trading. Mobile Alerts: Now you can start receiving market-moving economic data on your mobile phone. http://www.dailyfx.com/calendar/mobile_alerts/ Rollover Calendar: Know beforehand how many days of rollover will be applied to any particular trading day on any trading pair, and when a national holiday will affect rollover. http://www.dailyfx.com/calendar/rollover_calendar/ Trading the News LIVE: Trade news events live with the DailyFX Analysts. An Analyst will answer your questions and give up-to-the-minute commentary on news events as they happen. http://forexforums.dailyfx.com/trading-news-live-coverage-dailyfx-analysts/

This broker's service is better than the competition in these areas:

Education is a major area of emphasis at FXCM. Over the years, the FXCM Education Department has developed several beginner to expert-level currency trading courses, enrolling almost a thousand new traders each month. FXCM recently added 15 free instructional videos to its Web site. DailyFX.com, FXCM's free news Website, is one of the world's leading news and information sources for the currency trading community. With a wide international audience, it attracts over 8 million page views a month. DailyFX analysts produce 30 articles and reports every day on the latest changes in the currency market, and provid timely technical analyses and a close examination of promising chart formations. DailyFX also attempts to predict market moves and explains economic, political, and technical factors driving the market.

Types of security precautions taken for customers:

Regulation FXCM Holdings LLC includes firms registered and regulated regulated by several of the world's most respected financial authorities. United States: Commodity Futures Trading Commission (CFTC) and National Futures Association Member (NFA) United Kingdom: Financial Services Authority(FSA) Dubai: Dubai Multi Commodities Centre (DMCC) Hong Kong: Securities and Futures Commission (SFC) Australia: Australian Securities and Investments Commission (ASIC) France: Registered with the Comite des Etablissements de credit et des entreprises d'investissement (CECEI) as the branch of Forex Capital Markets Ltd. Italy : Commissione Nazionale per le Societa e la Borsa (CONSOB) Germany: Bundesanstalt fuer die Finanzdienstleistungsaufsicht (BaFin)

Communications during systems failures has been assured through:

We have a fully redundant 24 hour phone trading facility, including a backup center situated at a remote location. Please note FXCM Micro in its discretion may or may not offset individual transactions unlike transactions in most FXCM Standard accounts. For additional information, click here. Without proper risk management, Currency Trading has a high degree of leverage which can lead to large losses as well as gains. Risk Warning: Currency trading involves substantial risk of loss, read full disclosure.

The major plans for upgrading the current level of trading service are as follows:

N/A

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