Forex Rates & Spreads

FXCM – A Leading Forex Broker

What is Forex?

Forex is the market where all the world's currencies trade. The forex market is the largest, most liquid market in the world with an average daily trading volume exceeding $1.9 trillion. There is no central exchange as it trades over the counter. Forex trading allows you to buy and sell currencies, similar to stock trading except you can do it 24 hours a day, five days a week, you have access to margin trading, and you gain exposure to international markets. FXCM is a leading forex brokerage.

Fair and Transparent Execution

Since 1999, FXCM has set out to create the best online forex trading experience in the market. We pioneered the No Dealing Desk forex execution model, providing competitive, transparent execution for our traders.

Award-Winning Customer Service

With top-tier trading education and powerful tools, we guide thousands of traders through the foreign exchange market, with 24/7 customer service. Discover the FXCM advantage.

1 No Re-quote Policy: FXCM maintains a no re-quote policy. Circumstances exist based on order size, trading pattern, and market conditions where individuals may not receive execution at the requested rate. Orders are executed at the next available rate within the trader's parameters, subject to market conditions. The difference between the requested rate and final execution price may be more or less advantageous based on the market activity and available liquidity.

Spreads & Commissions: Dynamic live streaming spread figures shown are from FXCM’s Best Bid/Best Offer pricing engine. Static historical spread figures are time-weighted averages derived from tradable prices at FXCM from 1 April 2015 to 30 June 2015. Spreads are variable and during normal market hours are subject to delay. FXCM strives to provide traders with tight, competitive spreads; however, there may be instances when market conditions cause spreads to widen well beyond the spreads displayed here.

Advertised spreads & commissions apply to Standard Accounts. Some accounts, such as Mini Accounts and those for clients of certain intermediaries, are subject to a markup. Accounts set to a commission structure will be charged in the currency denomination of the account.

The figures above are provided for information purposes only, and are not intended for trading purposes or advice. FXCM is not liable for any information errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein.

Mini Accounts: Mini accounts offer 18 currency pairs and 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 utilizing prohibited strategies or with equity surpassing 20,000 CCY may be switched to No Dealing Desk execution. See Execution Risks.