FXCM is a retail forex broker regulated in the US, the UK, Hong Kong, Australia, France and Canada. In the US, 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 any conflict of interest between broker and trader, and ensuring 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.*
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 5 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.
Sign up for a free $50,000 practice account.
*Without proper risk management, this high degree of leverage can lead to large losses as well as gains.
† Please note FXCM Micro in its discretion may or may not offset individual transaction unlike transactions in most FXCM Standard accounts.