| Company Name: |
Forex Capital Markets, LLC |
| Website Address Text: |
http://www.fxcm.com/ |
| Headquarters address and phone number: |
Financial Square
32 Old Slip, 10th Floor
New York, NY 10005
USA |
| Country: |
United States of America |
| Phone Number: |
+1 212 897 7660 |
| Other offices countries: |
USA, UK, Germany, France, Greece, Italy, Hong Kong, Australia, Chile, Japan, Tel-Aviv, Lebanon, Istanbul, International Offices |
| Year of company's foundation: |
1999 |
| Year of company's forex division foundation: |
1999 |
| Client base: |
Retail and Institutional |
| Business Nature: |
Broker, No Dealing Desk Execution (Forex) |
| Regulated by: |
CFTC in the US (NFA Member# 0308179)
FSA in the UK (Firm registration #217689)
ASIC in Australia (AFSL #309763)
SFC in Honk Kong (SFC CE #AIM232)
CONSOB in Italy (#76)
Authorized in Germany by the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin #122556) |
2. ACCOUNTS
| Leverage: |
Maximum 50 to 1* |
| Pip spread on majors: |
EUR/USD: |
Variable, typical 2.6 |
| GBP/USD: |
Variable, typical 3.1 |
| USD/JPY: |
Variable, typical 2.4 |
| USD/CHF: |
Variable, typical 3.4 |
| AUD/USD: |
Variable, typical 2.7 |
| EUR/CHF: |
Variable, typical 3.8 |
| EUR/GBP: |
Variable, typical 2.9 |
| USD/CAD: |
Variable, typical 3 |
| Commissions description: |
No Commissions** |
| Fractional pip pricing: |
Yes |
| Mobile trading: |
Yes |
| Free demo account: |
Yes |
| URL Open Demo account: |
http://www.fxcm.com/free-forex-trading-demo.jsp |
| Duration: |
The free practice account is live for 30 days, and then automatically expires. |
| Description: |
Free Practice Trading Account
- The FXCM Practice Account provides unlimited Live Quotes and Real-Time Charts.
- You can test and evaluate trading strategies with no risk.
- You can access FXCM's Clients Services staff 24 hours, 7days a week, 365 days a year.
- Live Buy/Sell Prices
- $50,000 in Practice Money
- Get FXCM's New to Forex Trading Guide with Practice Account
|
| Demo Regular Account Size: |
50,000 USD |
| Regular Account: |
Yes |
| URL Open Real account: |
http://www.fxcm.com/open-forex-account.jsp |
| Minimum account size for Regular Account: |
$2,000 |
| Micro Account: |
Yes |
| Minimum account size for Micro Account: |
$50 USD |
| Accounts denominated in non-USD currencies: |
EUR, GBP, CAD, NZD, CHF, AUD, YEN (200,000) |
| Segregated Accounts: |
Yes |
| Payment methods: |
Credit Card, Debit Card, Bank Wire, Paper Check, ACH |
| Services: |
FXCM representatives are available 24 hours a day, 7 days a week |
| 24 Hour trading: |
Monday Through Friday |
| Hedging Facilities: |
No |
| Order Types: |
Market Order, Close Order, Entry Order, Stop Order, Limit Order, OCO Order |
| FIFO Rule: |
Yes |
| Scalping: |
Yes |
| Scalping Policy: |
N/A |
| Swap Free Accounts (Shariah Law): |
N/A |
| PAMM: |
Yes |
| PAMM description: |
|
3. PLATFORM
FXCM Inc. (NYSE: FXCM) is a global, online provider of foreign exchange (forex) trading and related services to retail and institutional customers world-wide. Founded in 1999 and headquartered in New York, NY, FXCM has operating subsidiaries regulated in a number of jurisdictions, including the United States, the United Kingdom (where regulatory passport rights have been exercised to operate in a number of European Economic Area jurisdictions, including Italy, France, Germany, and Greece), Hong Kong, Japan, and Australia.
| Platform Name: |
FXCM Trading Station Desktop |
| Platform Description: |
The Forex Trading Station Desktop is our proprietary flagship technology platform, also named FX Week's "Best Retail Trading Platform" for 2009 and 2010. Trading Station Desktop combines power and functionality and is accessible through a user-friendly interface. A Windows-based platform with a wide variety of customization options for users to choose from, including a choice of sixteen languages.
- No Dealing Desk Forex execution
- Fractional pricing - in one-tenth of a pip
- 24-hour tight bid and ask spreads
- Live streaming prices for more than 24 currency pairs
- Trade from Charts
- One-Click Trading
- Customization
- +600 Custom Indicators
- Automated Trading
|
| Trading from charts: |
Yes |
| EA Compatibility |
No Restrictions |
| Platform Video Tour |
Trading Platform Video Tour |
| Platform Video Tour |
http://www.fxcm.com/forex-software-preview.jsp |
| Platform Name |
FXCM Trading Station Mobile |
| Platform Description: |
The Trading Station Mobile Platform is available for iPhone, BlackBerry, Android, and Windows Mobile.
- VIEW LIVE STREAMING RATES-View live streaming rates and spreads on-the-go.
- PLACE MARKET AND ENTRY ORDERS-Place market and entry orders with only a few clicks.
- MANAGE LIVE TRADES AND ORDERS-View real-time P/L. Close all or a portion of live trades.
- MONITOR BALANCE AND MARGIN LEVELS-View balance, equity and margin levels - all on one screen.
- ACCESS AND ANALYSE CHARTS, NEWS AND REPORTS-Streaming news and real-time charts provide actionable trading information.
|
| Trading from Charts |
Yes |
| EA Compatibility |
No Restrictions |
| Platform Video Tour |
Yes |
| Platform Video Tour URL: |
http://www.youtube.com/user/ForexCapitalMarkets#p/u/59/nbQef1AOe2s |
| Platform Name: |
FXCM Active Trader |
| Platform Description |
Active Trader provides a three-dimensional market view: Price, Available Liquidity, and Market Depth. Active Trader gives you the same type of view as a market maker.
- Minimum: $50,000 deposit OR trade more than 10M per month in notional volume
- Up to 10 levels of market depth
- View Available Liquidity at Each Price Level
- One-Click Market Orders with the option to pre-set stops/limits
- Ideal for scalping and short-term trading
|
| Trading from charts: |
Yes |
| EA Compatibility: |
No Restrictions |
| Platform Video Tour: |
Yes |
| Platform Video Tour URL: |
http://blip.tv/fxcm/fxcm-active-trader-platform-tour-4023679 |
| Platform Name: |
FXCM Strategy Trader |
| Platform Description |
Strategy Trader is an all-in-one automated trading solution, allowing you to code, backtest, optimise and trade from one platform. Strategy Trader is compatible with any non-hedging, Standard or Micro account.
- Free Grid Strategy Trader EA (stEA)
- Place Trades on Tick Data
- No Out Trades, Off Quotes or Account Syncing
- Use Your Trading Station II Login
|
| EA Compatibility: |
No Restrictions |
| Trading from charts: |
Yes |
| Platform Video Tour: |
Yes |
| Platform Video Tour URL: |
http://www.fxcm.com/automated-forex-trading.jsp |
| Platform Name: |
FXCM Trading Station Web |
| Platform Description |
Trading Station Web is an online forex trading platform designed to offer similar features and a similar trading experience to FXCM's award winning desktop platform, Trading Station Desktop. Can now be used with any Trading Station account login.
- No Downloading or Installation Required
- Works on Mac computers
- Accessible from behind most personal and corporate firewalls
- Trade Directly From Charts
- No Dealing Desk Forex Execution
|
| Trading from charts: |
Yes |
| EA Compatibility: |
No Restrictions |
| Platform Video Tour: |
N/A |
| Platform Video Tour URL: |
http://www.fxcm.com/web-based-forex-platform.jsp
|
| Platform Name: |
Mirror Trader |
| Platform Description |
- Remove the Emotion and Guesswork from Trading
- Create a Customized Portfolio from over 40 Back-Tested Systems
- Automate Your Trading to Capture Opportunities 24 Hours a Day
- Web-Based Automated Trading Platform - View Performance Anywhere
|
| Trading from charts: |
Yes |
| EA Compatibility: |
No Restrictions |
| Platform Video Tour: |
Yes |
| Platform Video Tour URL: |
http://blip.tv/fxcm/forex-system-selector-4085965 |
| Platform Name: |
MetaTrader4 |
| Platform Description |
- Accepting All EAs, Including Scalping EAs
- FREE† VPS Hosting: Have your trade robot always on to capture trading opportunities 24/7
- Parallel Processing: Faster order execution speed especially during news events
- Programming Services unit to build EAs on demand and support EA developers
|
| Trading from charts: |
Yes |
| EA Compatibility: |
No Restrictions |
| Platform Video Tour: |
Yes |
| Platform Video Tour URL: |
http://www.fxcm.com/media/flash/open-MT4-Benefits-BT-05202009.swf |
4. Support
| FreePhone: |
+1 212 897 7660 |
| Fax: |
1 888 50 FOREX (36739) |
| E-mail: |
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
|
| E-mail average response time: |
30 Minutes |
| Live chat: |
Yes |
| Live Chat Links: (Max. 4 links) |
Customer Service: http://www.fxcm.com/faq.jsp |
| Forex Sales: http://www.fxcm.com/client-update-center.jsp |
| Technical Support: http://www.fxcm.com/contact-fxcm.jsp |
| |
| Languages: |
English, Spanish, French, German, Russian, Arabic, Korean, Chinese, Portuguese, Italian, Scandinavian, Turkish, Greek |
| Dealing Desk Support: |
Yes |
| Dealing Desk Support Hours: |
Sunday 5:15 ET to Friday 4:pm ET
|
| Technical Support: |
Yes |
| Tech Support Hours: |
24/7 |
| FAQ |
Yes |
5. EXTRA SERVICES
| Educational Programs: |
Yes |
| Educational Programs Description: |
Free Live Webinars
FXCM LLC offers all possible resources to become a better trader and improve your trading strategies. Over 15 hours of live instructors help.
- Graphical analysis of many pairs of currencies, indices and commodities
- Learn how to identify support and resistance levels in real time.
- Learn how to identify trade set ups based on SSI real time.
- Each session is led by an analyst and followed by questions/answers with the public.
- For more information, Webinars
Live FXCM Currency Trading Expo
- Beginner and Advanced Workshops Tracks
- Free Forex Educational Workshops
- Special Workshop Series and Guest Speakers
- For more information, Trading Expo
DailyFX Forum
- Interact with other traders and discuss the market
- Share what you're learning with the trading community
- Post questions and receive answers from the DailyFX staff.
- For more information, DailyFX Forum
DailyFX+ Trading Course
- Learn to Read Charts and Time the Market
- Learn to Identify Trends
- Identify important Political/Economic Events
- 60 Video Lessons for you to choose from
- Over 15 Hours of Live Instructor Help Webinars each week
- Community Forums to get feedback, ask questions, and share what you're learning
- Optional Homework Assignments to test your knowledge and understanding
- Learn more, Trading Course
New to Forex Guide
- Learn how to trade Forex and the top elements you need to become a Forex trader.
- More information, Free Guide
|
| Educational Programs link: |
http://www.fxcm.com/forex-trading-course.jsp |
| News service: |
Yes , DailyFX.com |
| Research: |
Yes, DailyFX.com |
| Awards: |
Yes, http://www.fxcm.com/awards.jsp |
* Leverage is a double-edged sword, and can dramatically amplify your profits. It can also just as dramatically amplify your losses. Trading foreign exchange with any level of leverage maynot be suitable for all investors.
** FXCM is compensated by the bid/ask spread.” “FXCM may also receive compensation for order flow from its liquidity providers.
About the Company:
FXCM Inc. (NYSE: FXCM) is a global online provider of foreign exchange (forex) trading and related services to retail and institutional customers world-wide.
At the heart of FXCM's client offering is No Dealing Desk forex trading. Clients benefit from FXCM's large network of forex liquidity providers enabling FXCM to offer competitive spreads on major currency pairs. Clients have the advantage of mobile trading, one-click order execution and trading from real-time charts. FXCM's U.K. subsidiary, Forex Capital Markets Limited, also offers CFD products with no re-quote trading and allows clients to trade oil, gold, silver and stock indices along with forex on one platform. In addition, FXCM offers educational courses on forex trading and provides free news and market research through DailyFX.com.
FXCM Inc., a publicly traded company listed on the New York Stock Exchange (NYSE: FXCM), is a holding company and its sole asset is a controlling equity interest in FXCM Holdings, LLC. Forex Capital Markets, LLC ("FXCM LLC") is a direct operating subsidiary of FXCM Holdings, LLC. All references on this site to "FXCM" refer to FXCM Inc. and its consolidated subsidiaries, including FXCM Holdings, LLC and Forex Capital Markets, LLC. |
