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FXCM offer a wide range of trading options across their spread betting, forex and CFDs products. With FXCM you can trade 24 hours a day, 5 days a week, there are no re-quotes and a host of other benefits such a wide choice of charting packages.
FXCM Spread Betting
When spread betting with FXCM:
- There are no commission fees.
- There are no brokers' fees.
- You can spread bet on a wide range of markets including indices, forex and commodities.
- There are no re-quotes.
- You can trade 24 hours a day from Sunday evening to Friday evening (UK time).
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- FXCM display all rolling charges in the same price window as the dealing price. Therefore you can see how much you will pay or receive on rolling spread bets (trades that are kept open overnight).
- There is no conflict of interest. When you place a trade, FXCM hedge your bet by opening a trade in the underlying market. So if you buy the FTSE 100 index then FXCM will take the corresponding position in the index.
FXCM Spread Betting Account
A look at the FXCM spread betting account:
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| Online Application |  |
| Deposit Account | |
| Typical Minimum Stake | £1 |
| Minimum Account Opening Deposit | £2k |
| Stop Loss | |
| Guaranteed Stops |  |
| 24 Hour Trading | |
| Candlestick Charts | |
| Web Platform | |
| Demo Account | |
| FSA - Authorised and Regulated | |
Spread betting may also be available with other companies - notes.
FXCM Forex Trading
FXCM is well known in the forex markets for its No Dealing Desk forex trading service.
With FXCM clients benefit from the company’s large network of forex price providers. These price providers enable FXCM to offer competitive pricing on the major forex pairs.This means you benefit from:
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Tight Spreads
- Numerous global banks provide FXCM with prices. This competition allows FXCM to provide clients with tight spreads
- To help tighten spreads further FXCM offers fractional-pip-pricing
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No Dealing Desk Forex
- There is no conflict of interest between you and FXCM. The price providers, namely the banks, cannot see where you have placed your stop or limit orders
- Fast trading - there is no dealer intervention
- Using prices from multiple providers reduces the potential for market manipulation
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No Restrictions on Trading
- Clients can place orders anywhere, even inside the 'spread'
- Clients can trade during breaking news
- Clients are allowed to scalp the market
FXCM Mobile Trading
FXCM also provided a mobile trading platform where clients can:
- See real-time prices
- Place new orders
- Open and close trades
- See real-time charts
FXCM CFD Trading
FXCM also offers CFD trading where clients can take advantage of:
- Commission free trading on indices
- Buying and Selling indices
- No re-quotes on indices trades
- Trading other markets such as metals and crude oil
The FXCM mobile platform is available for iPhone, BlackBerry, Android and Windows based mobiles.
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FXCM - Award Winning
A look at some of FXCM's more recent achivements:
- 2010 FX Traders Choice Awards: Best FX Broker 'Europe'
- 2010 What Investment Magazine Readership Awards: Best FX Provider
- 2010 MoneyAM Online Finance Awards: Winner Best Online FX Broker
FXCM Charts
FXCM provide clients a range of charting and technical analysis packages such as Marketscope which is built into FXCM’s Trading Station II platform. With Marketscope this is:
- Trading Directly from Charts
- Create and Close Orders by clicking on the charts
- Monitor Trades/Orders - they appear as dotted lines on the charts
- Manage Orders - drag and drop orders to new levels
- Indicators
- Apply more than 30 popular indicators such as RSI, MACD and Moving Averages
- Download more than 600 custom indicators
- Draw trend lines such as Fibonacci lines
- Price Alerts / Indicator Alerts
- Set Price Alerts: receive alerts for when markets hit certain price levels
- Set Indicator Alerts: receive indicator alerts for when indicators such as Moving Average Crossovers are generated
FXCM - Spread Betting Markets Review
A review of some of the most popular spread betting markets covering the typical in-hours spread sizes and stakes.
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| FTSE 100 daily - spread size | 1 |
| Dow Jones daily - spread size | 4 |
| DAX 30 daily - spread size | 1 |
| Indices - minimum stake | £1 |
| Indices - more markets available | |
Index spread betting may also be available with other companies - notes.
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| Euro/Dollar daily - spread size | 2.6 |
| Sterling/Dollar daily - spread size | 2.8 |
| Forex - minimum stake | £1 |
| Forex - more markets available | |
Forex spread betting may also be available with other companies - notes.
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| Gold - spread size | 5 |
| Brent Crude Oil - spread size | 5 |
| Commodities - minimum stake | £1 |
| Commodities - more markets available | |
Commodities spread betting may also be available with other firms - notes.
The above 'Typical Spreads' for FXCM were derived from the weighted average spread for: 1 June 2011 to 30 June 2011.
About FXCM
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 Limited ("FXCM LTD") is an indirect operating subsidiary of FXCM Holdings, LLC.
FXCM contact details:
FXCM
Northern & Shell Building
10 Lower Thames Street
8th Floor
London
EC3R 6AD
Phone: 0808 234 8789
Official website: FXCM
Leveraged spread betting, CFD trading and forex trading carry a high degree of risk and may not be suitable for all investors. Before deciding to trade you should consider your investment objectives and level of experience. Do not invest with money you can not afford to lose. You can lose more than your initial investment. Seek advice from an independent financial advisor if you have any doubts.
FXCM UK is a trading name of Forex Capital Markets Limited which is authorised and regulated by the Financial Services Authority, Firm registration number 217689.
FXCM UK offers spread betting exclusively to UK and Ireland Residents. Residents of other countries are NOT eligible. Spread betting is not intended for distribution to, or use by any person in any country and jurisdiction where such distribution or use would be contrary to local law or regulation.
FXCM Account:
Spread Betting, CFDs and Margined Forex are leverage investment products, they carry a high level of risk. You can lose more than your initial stake. Ensure you only invest using capital you can afford to lose; before making any trades make sure that you fully recognise the risk. Spread Betting, CFDs and/or Margined Forex might not always be suited to all investors. Seek independent financial advice where necessary.
Forex Capital Markets Limited is authorised and regulated in the UK by the Financial Services Authority, reference number 217689.
FXCM - edited by MJ, 11 May 2012.
For related pages and articles see:
FXCM - review last updated: 11 May 2012
FXCM - FXCM offer forex trading, spread betting and CFDs. With an FXCM account there are tight spreads, 24 hour trading, no re-quotes, automated dealing, a wide range of charting packages and ...more: FXCM.
Speculative Sentiment Index - review last updated: 29 August 2011
The Speculative Sentiment Index (SSI) is a unique tool for forex traders from FXCM that reveals where the forex crowd are positioned, whether they are buying or selling, and where they are exiting or entering. The Speculative Sentiment Index is ...more: Speculative Sentiment Index.
Trading the Dow Jones FXCM Dollar Index - review last updated: 26 August 2011
The US dollar is the world's foremost currency and the standard against which other currencies are measured. FXCM has collaborated with Dow Jones Indexes, a leading full-service index provider, to develop the Dow Jones FXCM Dollar Index. FXCM will ...more: Trading the Dow Jones FXCM Dollar Index.
FXCM 2011 Q2 Results and New Dividend - review last updated: 17 August 2011
FXCM a leading online provider of foreign exchange, or FX, trading and related services, has announced results for the quarter ended June 30, 2011, including increased revenues. Its board of directors has also declared a quarterly dividend of ...more: FXCM 2011 Q2 Results and New Dividend.
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With spread betting you can lose more than your original stake or investment. Spread betting carries a high level of risk to your capital so please familiarise yourself with the risks that are involved and, before trading, ensure that spread betting matches your investment objectives. Seek independent advice where necessary.
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* Based on current UK tax law. Tax law may change and can differ depending on your personal circumstances.
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