Forex Pricing

Across our trading accounts, you can find the right forex pricing model for your trading needs. Our goal is to give you the lowest trading costs possible.

Spreads

With Mini accounts, all costs are included in the spread. So you never have to anticipate commissions down the road. With spreads-only trading, your platform calculates your transaction costs automatically using this formula:

( Spread )
x ( Pip Cost )
x ( Number of Lots Traded )
= Total Cost

Commissions

On our low-spreads-plus-commissions accounts (Standard and Active Trader CFD trading accounts), we charge competitive commissions to trade forex. Commissions are based on instrument and trade size, and start as little as $0.03 per 1K lot.

With spreads-plus-commissions trading, your platform calculates your transaction costs automatically using this formula:

( Reduced Spread )
x ( Pip Cost )
x ( Number of Lots Traded )
+ ( Round-Turn Commissions )
= Total Cost

Active Trader Pricing

Reduced pricing is available to high-volume investors who open an FXCM Active Trader account. You can get deep discounts on your trading costs based on the volume you trade.

Find out which trading account is best for you. Compare trading costs

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.

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.

Mini Accounts: Mini accounts offer 18 CFD instruments and up to 21 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 offer spreads plus mark-up pricing. Spreads are variable and are subject to delay. Mini accounts with equity less than 10,000 CCY have 400:1 forex leverage; between 10,000 and 20,000, 200:1; more than 20,000, 100:1 leverage and No Dealing Desk execution.