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FXCM LLC will only conduct business with a client for whom it considers such business to be appropriate and in assessing appropriateness, will rely on the information provided by the client in his/her/their application form. For this reason, it is essential that you immediately advise us in writing if there is subsequently an adverse change in the information you have provided.
Notice: This product summary should be read in conjunction with our Terms of Business. While every effort has been made to ensure the accuracy of this guide, this information is subject to change, often without notice, and therefore is for guidance only. If you ever have any questions please contact FXCM directly.
Risk Warning: Trading foreign exchange on margin carries a high risk to your capital. You may win or lose many times your original stake. Only trade with money you can afford to lose. Make sure you fully understand the risks involved and take advice if necessary. Foreign exchange trading may not be suitable for all customers.
FXCM offers many different platforms to suit your trading needs. FXCM recommends our Flagship Trading Station platform for most traders. Compare Platforms
Compare FXCM Account Service Level
|Standard||Active Trader||Private Client Group|
|Balance||$2000 or greater||$25,000 or greater||$150,000 or greater|
|FX Lot Size||1,000||1,000||1,000|
|24/7 Live Support|
|Free VPS Service|
|Dedicated Service Team|
|Free Bank Wires***|
|FXCM Apps and Programming Credit*||$600||2% of Deposit|
|1-1 Calls with DailyFX Analysts|
|Available Account Types|
* Credit only available towards FXCM developed Apps.
** The minimum deposit to open a Corporate Account/Trust/Partnership/LLC/IRA is 10,000 CCY.
*** Up to 2 free bank wires per calendar month.
Execution Disclaimer: Under FXCM's No Dealing Desk (NDD) execution model, FXCM is the final counterparty to all transactions. The quotes that are displayed on FXCM's platforms are the best available direct bid and ask quotes received from liquidity providers. In some circumstances, depending on account type, a markup will be added to the spread. Aside from the spread between bid and ask prices, the only trading cost is a fixed lot-based commission applied by FXCM at both the open and close of the trade.
For more information, see our Execution Risks. Please note that contractual relationships with liquidity providers are consolidated through the firm's U.S. affiliate, Forex Capital Markets, LLC. Forex Capital Markets, LLC maintains agreements with multiple price providers and in turn provides technology and pricing to the group affiliate entities.
An Individual account gives access to one client. All FXCM joint accounts will be registered as Joint Tenancy with Right of Survivorship (JTWROS). This means that account proceeds may be paid or delivered to either joint account holder during the lifetime of both or to the survivor after the death of one of them. Please see the Client Agreement for more information. Our business accounts (Corporate, Partnership, Trust and LLC) allow for multiple users and require additional legal documentation during the application process. Additional users must complete an application. Business accounts require a minimum deposit of $10,000.