Happy Holidays from FXCM

Date Trading Hours Customer Service Hours
December 24, 2014 Close at 2 pm EST Close at 3 pm EST
December 25, 2014 Closed Closed
December 26, 2014 Open at 1 am EST Open at 12 am EST
December 31, 2014 Closed at 2 pm EST Close at 3 pm EST
January 1, 2015 Closed Closed
January 2, 2015 Open at 1 am EST Open at 12 am EST

Please be aware that during the holidays rollovers may be larger than normal due to illiquid markets. FXCM's customer service is typically available 24 hours a day, seven days a week. The Trading Desk opens Sundays between 5:00 and 5:15 ET and closes Fridays at 4:55 pm ET.

Margin Requirements

What is margin? Margin can be thought of as a good faith deposit required to maintain open positions. This is not a fee or a transaction cost, it is simply a portion of your account equity set aside and allocated as a margin deposit. Keep in mind that trading on margin can both positively and negatively affect your trading experience as both profits and losses can be dramatically amplified. You can keep track of your Used and Usable margin in the Accounts Window of the Trading Station.

VideoAccounts Window (1:06)

SMART MARGIN WATCHER: MANAGE YOUR TRADING ACCOUNT SMARTER

FXCM is committed to increasing customer profitability. We know that our traders are right more than 50% of the time, however many traders lose more money on losing trades than they make on winning trades.2 FXCM believes that the Smart Margin Watcher feature, one of the newest Trading Station features, can help you stay ahead of Margin Calls and ultimately put you in a better position to trade.

The Smart Margin Watcher was designed to monitor your positions and ALERTS you if the market goes against your trades and your account equity drops below your margin requirements.

VideoSmart Margin Watcher (1:54)

Essentially the Smart Margin Watcher can give you a buffer between your Margin Warning and liquidation, allowing you to either deposit more funds or close out of positions to potentially avoid a margin call. To disable FXCM's Smart Margin feature on your account, log into MyFXCM.com and select "Change-Margin Request". Please note that the Smart Margin Watcher is only available on FXCM LLC Trading Station accounts at this time.

Margin/Leverage FAQs

How does FXCM calculate margin?

By default FXCM LLC offers a maximum of approximately 50:11 leverage (or 2% margin) on its forex trading accounts. Margin requirements (per 1K lot) at FXCM are determined by taking a percentage of the notional trade size plus a small cushion. A cushion is added to help alleviate daily/weekly fluctuations.

Please note that margin requirements are subject to change without notice based on price fluctuations and will be adjusted up or down in increments of $1. We believe that margin requirements will not change more than once a month. See the table below for margin requirements on an FXCM LLC Account using a 1K lot size. Up-to-date margin requirements are displayed in the "Simplified Dealing Rates" window of the Trading Platform by currency pair.

Currency Pairs
$6 Margin $9 Margin $20 Margin $22 Margin $24 Margin $28 Margin $32 Margin $36 Margin $38 Margin $50 Margin $70 Margin $125 Margin
NOK/JPY HKD/JPY USD/JPY CAD/JPY CHF/JPY EUR/USD EUR/CHF GBP/USD TRY/JPY USD/MXN EUR/PLN USD/RUB
SEK/JPY USD/CHF CAD/CHF CHF/SEK EUR/GBP GBP/JPY USD/PLN EUR/TRY
ZAR/JPY USD/CAD CHF/NOK EUR/JPY GBP/CHF USD/CZK EUR/HUF
USD/DKK EUR/AUD GBP/CAD USD/ZAR EUR/CZK
USD/SEK EUR/CAD GBP/NZD USD/SGD
USD/NOK EUR/SEK GBP/AUD USD/HKD
NZD/USD EUR/NOK GBP/SEK USD/CNH
NZD/JPY EUR/NZD USD/ILS
NZD/CHF EUR/DKK USD/HUF
NZD/CAD USD/TRY
AUD/USD SGD/JPY
AUD/CAD
AUD/JPY
AUD/NZD
AUD/CHF

1 Leverage: 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.

2 According to a 2011 study in "Traits of Successful Traders" conducted by the DailyFX research team.