To date, nearly 165,000 active accounts have been opened through the FXCM platforms. FXCM Holdings, LLC is a forex broker that is regulated in the Forex capital markets, UK, Hong Kong, Australia, Italy and France.
CFTC and is a member of the NFA. FXCM provides “No Dealing Desk” execution, which eliminates any conflict of interest between the broker and the trader, and ensures that no intermediary will intervene in your trading. Transactions are made directly with some of the largest banks, which are competing to offer the best spreads. Traders also have the opportunity to trade using their mobile phones, to cover their positions using “hedging”, to execute their orders in a single click and to trade directly on charts in real time. FXCM’s CFD instruments allow traders to buy and sell oil, gold, silver and stock indices on the same platform. In addition to forex trading, FXCM offers educational courses on forex and CFD trading and provides free news and analysis through their DailyFX. Please note that CFD accounts are not available to residents of the United States or its territories.
Currency trading involves a high level of risk and is not suitable for all investors. Please note that FXCM Micro may possibly not be able to offset individual transactions unlike transactions that are made on standard FXCM accounts. Warning: Trading currencies can be extremely risky and is not suitable for all investor profiles. As a firm, FXCM is dedicated to providing traders with superior order execution, education and customer service. This dedication is a primary contributor to the firm attracting over 150,000 live accounts that trade through multiple platforms offered by FXCM. Dealing desk firms make money on client losses and this leads to a conflict of interest.