Open an Account
Opening an account with FXCM takes 3 easy steps:
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1
Fill out the form below to get started
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2
Complete the application on our secure server
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3
Log in to your new account, deposit, and trade
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Need more details before opening your account?
Let
us walk you through your options
Step 1
Review our account types, then complete the form on the right.
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Mini
For Smaller Accounts
$50 min up to 400:1 on FX 200:1 on CFDs 21 Forex Pairs 18 CFD instruments Dealing Desk Spreads OnlyThe Mini Account is ideal for new traders with trading costs all added within the spread.
Open Mini Account -
Standard
ACCLAIMED EXECUTION
$10,000 min 100:1 on FX 200:1 on CFDs 39 Forex Pairs 18 CFD instruments No Dealing Desk Spread + CommissionThe Standard Account offers Low Commission pricing similar to stocks.
Open Standard Account -
Active Trader
Elite Pricing
$25,000 min 100:1 on FX 200:1 on CFDs 39 Forex Pairs 18 CFDs instruments No Dealing Desk Volume-Based PricingReduced commissions are available to high-volume traders.
Open Active Trader Account
- The Mini Account is ideal for new traders with trading costs all added within the spread.
- The Standard Account offers Low Commission pricing similar to stocks.
- Reduced commissions are available to high-volume traders.
Step 2
You will then be directed to a secure website. Fill out the application.
Step 3
You will be provided with a username and password upon completing the application. Log in to the myfxcm client portal, deposit funds, and start trading.
- The Mini Account is ideal for new traders with trading costs all added within the spread.
- The Standard Account offers Low Commission pricing similar to stocks.
- Reduced commissions are available to high-volume traders.
Learn about Supporting documentation
FXCM AU 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.
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.
Standard and Active Trader Accounts: Standard and Active Trader accounts offer 18 CFD instruments on 200:1 leverage and 39 currency pairs on 100:1 leverage. Accounts default to a Low Spreads + Commission pricing structure. 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.
Execution Disclaimer: FXCM aggregates bid and ask prices from a pool of liquidity providers and is the final counterparty when trading forex on FXCM's dealing desk and No Dealing Desk (NDD) execution models. With NDD, FXCM's platforms display the best-available direct bid and ask prices from the liquidity providers. In addition to the spread, the trading cost with NDD is a fixed lot-based commission at the open and close of the trade. While generally NDD accounts offer spreads with no markups, in some circumstances, FXCM may add a markup to NDD spreads. This may occur due to, but not limited to, account type, such as accounts opened through a referring agent. With dealing desk execution, FXCM can act as the dealer on any or all currency pairs. Backup liquidity providers fill in when FXCM does not act as the dealer. FXCM’s dealing desk has fewer liquidity providers than NDD. There are many other factors to consider when choosing an execution model (such as conflict of interest, trading style or strategy). See Execution Risks. Note: Contractual relationships with liquidity providers are consolidated through the FXCM Group, which, in turn, provides technology and pricing to the group affiliate entities.
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.
FXCM offers many different platforms to suit your trading needs. FXCM recommends our Flagship Trading Station platform for most traders. Compare Platforms