FXCM Active Trader Platform: Shows Market Liquidity and Gives You the Speed to Exploit It
- Minimum: $25,000 deposit OR trade more than 10M per month in notional volume
Why Trade With a Limited View of the Market?
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.
- Up to 10 Levels of Market Depth
- View Available Liquidity at Each Price Level
1-Click Market Orders with the option to pre-set stops/limits
- Ideal for scalping and short-term trading
1-Click Entry Orders
FXCM's Active Trader is an agency/external execution platform, with commissions determined by trading volume.
FXCM's Active Trader platform is designed to offer spreads approximately 1 pip lower than a typical FXCM Standard account.
The combined transaction costs of the Active Trader platform (spreads + commissions) should be substantially lower than the transaction costs (spreads) available to the typical FXCM Standard account.
FXCM Active Trader rewards clients for higher volumes with lower commissions.
Low Commissions
Commission fee per side per 100K lot
| For an account trading more than |
Fee per side per 100K lot |
|
| 10M / Month |
$5 |
|
| 100M / Month |
$3.5 |
|
Note: Commissions are negotiable based on trading volume
Typical Spread for Major Currencies*
|
EUR / USD: 0.7 PIPS |
GBP / USD: 1.8 PIPS |
|
USD / JPY: 1.2 PIPS |
USD / CHF: 1.8 PIPS |
|
Cost Savings Example: If You Trade 100K Lot EUR/USD
|
Traditional FXCM Platform |
Active Trader Platform |
|
| EUR / USD Spread |
2.3 PIPS = $23 |
0.7 PIPS = $7 |
|
| Commission |
$0 |
($5 X 2 Sides) = $10 |
|
| Transaction Cost |
$23 |
$17 |
|
Market Depth Display
Multiple banks compete to provide liquidity to FXCM's Active Trader platform. The platform displays the total available liquidity up to 10 best available price levels.
- Transparent Execution: Before trading, you should know the price at which a market order can be filled based on available liquidity.
- Short-Term Market Direction Indicator: If the amount of liquidity is heavily tilted towards either the bid or ask side, this indicates that short-term prices may be moving towards the side with less liquidity.
- Short-Term Trading Strategy: Learn how to use market-depth information for short-term trading. View Video
Web-Based Trading
- No Download.
- Mac and Firewall Friendly.
API
The Active Trader platform supports a FIX API.
API Documentation