Overview

Average Spreads: Time-weighted average spreads are derived from tradable prices at FXCM from April 1,2017 to June 30,2017. The spread figures are for informational purposes only. FXCM is not liable for errors, omissions or delays or for actions relying on this information.

Commissions: Commission-based pricing is available on Standard and Active Trader account types. Commissions are charged at the open and close of trades in the denomination of the account.

Compensation: When executing customers' trades, FXCM can be compensated in several ways, which include, but are not limited to: charging fixed lot-based commissions at the open and close of a trade, adding a markup to the spreads it receives from its liquidity providers for certain account types, and adding a markup to rollover. Under the Dealing Desk execution model, FXCM may act as a dealer and may receive additional compensation from trading.

Mini Accounts: Mini accounts offer 18 CFD instruments and up to 21 currency pairs. FXCM may decide at its sole discretion to add or remove any CFD instruments and 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 settings may also be switched to No Dealing Desk execution at the sole discretion of FXCM in some instances. Mini accounts offer spreads plus mark-up pricing. Spreads are variable and are subject to delay. Mini accounts with equity less than 10,000 CCY have up to 400:1 forex leverage; between 10,000 and 20,000 CCY, up to 200:1 forex leverage; more than 20,000 CCY may be switched to a Standard account with up to 100:1 forex leverage, No Dealing Desk execution, and commission based pricing.

Standard and Active Trader Accounts: Standard and Active Trader accounts offer 18 CFD instruments on 200:1 leverage and up to 39 currency pairs on 100:1 leverage. FXCM may decide at its sole discretion to add or remove any CFD instruments currency pairs. Standard and Active Trader accounts default to a Low Spreads + Commission pricing structure and No Dealing Desk execution. Spreads are variable and are subject to delay. Standard and Active Trader accounts with equity below 10,000 CCY may be switched to a Mini Account.

Target spreads in UK100, GER30, FRA40 and AUS200 may widen when the respective exchange is closed.