Open a Mini Account. Want to learn more? Use the Trading Analytics app to identify trends and track trading performance. Mini accounts offer 18 CFD instruments and up to 21 currency pairs.
Mini accounts default to Dealing Desk execution where price arbitrage strategies are prohibited. FXCM determines, at its sole discretion, what encompasses a price arbitrage strategy.
Mini accounts utilising prohibited strategies may be switched to No Dealing Desk execution. Mini accounts offer spreads plus mark-up pricing.
Spreads are variable and are subject to delay. Experienced traders can trade Mini Accounts with up to Mini accounts with equity greater than 20, CCY may be switched to a Standard account with 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 may not be suitable for all investors.
When executing customers' trades, FXCM can be compensated in several ways, which include, but are not limited to: Under the Dealing Desk execution model, FXCM may act as a dealer and may receive additional compensation from trading.
In addition to the spread, the trading cost with NDD is a fixed lot-based commission at the open and close of the trade. This may occur due to, but not limited to, account type, such as accounts opened through a referring agent.
With dealing desk execution, FXCM can act as the dealer on any or all currency pairs. Backup liquidity providers fill in when FXCM does not act as the dealer. There are many other factors to consider when choosing an execution model such as conflict of interest, trading style or strategy. Contractual relationships with liquidity providers are consolidated through the FXCM Group, which, in turn, provides technology and pricing to the group affiliate entities.
Overview What is Forex? Overview What Are Indices? Overview Why Trade Commodities? Improve performance Use the Trading Analytics app to identify trends and track trading performance.More...