Website: www.fxcm.com Forex Capital Markets Forex Capital Markets, Financial Square 32 Old Slip, 10th Floor, New York, NY 10005 USA
FXCM is a retail forex broker regulated in the US, the UK, Australia, Italy, France, Dubai and Hong Kong. In the U.S., 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 conflict of interest between broker and trader, and ensure 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.* All live customers receive full access to proprietary trading signals and market analysis.
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 up to 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.
FXCM Products Offered
- Self-Trading Accounts - CFD Account - Oil, Gold, Stock Indices - Spread Betting Accounts - Automated Trading - Forex System Selector - Trading From Charts - No Dealing Desk - Fractional Pip Pricing - MetaTrader 4
A software download installs the FXCM Trading Station. A separate install is required for the charting application. Very simple and easy to use and understand with live streaming rates. When viewing the application one gets the feeling of a mature desktop application which has developed considerably from earlier versions.
Trade and Execution
Very fast trade executions, very fast with an option of single or double click execution.
Stop and limits can easily be placed as can use of highly customizable trailing stops.
Charting
First class charting application which logically opens up in a new window, as opposed to trying to display all information into one view as with most other platforms.
Nearly every feature one could require is available in the charting application.
New Marketscope 2.0 charts are built into the Trading Station.
• Place trades directly from the charts—no more toggling. • Premium level charts—free for clients. • Save your work—charts, multiple layouts, and templates. • Professional analysis tools—Fibonacci lines, pivot points, and over 30 of the most popular indicators in forex. • All the customization you expect from a professional charting package.
News and Market Research
Trading Signals
FXCM (www.fxcm.com), in cooperation with DailyFX.com (www.dailyfx.com) announced the multi-lingual release of their forex Trading Signals in English, Spanish, Arabic, French, Russian, Chinese, and Japanese.
Exclusively available to FXCM’s live clients through the DailyFX+ Web site, forex Trading Signals offer highly interactive trading alerts that update automatically in real time, 24 hours a day, on a dynamic basis. The Trading Signals track six technical strategies across fourteen currency pairs, consisting of two focused on range-bound markets, two on breakout, and two on momentum strategies.
The new signals are designed to be extremely user-friendly. Red and blue arrows indicate the market direction toward which the strategy expects price action to turn. Six boxes allow traders to display their favorite currency pairs (and they are saved on your browser, which is nice) to view the entire system in a single glance.
High quality and very well regulated solution from along with Oanda, one the leaders in the retail market.
All features and trading support you could wish for are provided. Only downside is the spreads are not as competitive as you can get on Oanda for example, though on the plus side they do tend to give a consistent spread of pips even during breaking news events.
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