FXCM's Active Trader account is designed for high-volume investors. When trading is more than a hobby, treat yourself to our very best. Active Trader benefits include dedicated support, premium services and custom solutions. High-volume traders are eligible for discounted pricing.
Designed with the dedicated trader in mind, the Active Trader account represents FXCM's highest level of service and furnishes customers with many unique features:
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FXCM's Active Trader account is designed for high-volume investors. You can get deep discounts on your spread costs based on the volume you trade.
Finding ways to improve your trading experience while lowering spread costs is where Active Trader really shines.
With all FXCM account types, you pay only the spread to trade indices and commodities. Our enhanced index CFDs allow you to trade without stop and limit restrictions or re-quotes.
This is the average discount across our major pairs: EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, EUR/JPY and GBP/JPY.
Monthly trading volume is the sum of all trades in terms of notional volume in USD for a given month. For example, if you trade 50,000k EUR/USD in one month at a rate of 1.20, your notional volume would be approximately 60,000,000 units of currency. As your monthly trading volume is above 50 million, as long as your account equity is above $25,000 for a given month, the commission per side per million would be $30 for trading in major currency pairs. The commission can be reduced to $25 per side per million for trading in major currency pairs if your monthly trading volume is above 150 million. If your trading volume is above 500 million, please contact FXCM. For the commission rate on other non-major currency pairs, please refer to standard rate card for details.
Commissions: Commission-based pricing is available on 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, Friedberg Direct can be compensated in several ways, which include, but are not limited to: spreads, 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, etc.
Intermediary Markup: In some instances, accounts for clients of certain intermediaries are subject to a markup.
Average Spreads: Time-weighted average spreads are derived from tradable prices at Friedberg Direct from October 1, 2020 to December 31, 2020. Spreads are variable and are subject to delay. The spread figures are for informational purposes only. Friedberg Direct is not liable for errors, omissions or delays or for actions relying on this information.
Active Trader Accounts: Active Trader accounts offers spreads plus mark-up pricing or spreads plus commission pricing depending on your equity level and trading volume.
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/CFDs with any level of leverage may not be suitable for all investors.
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The relationship between Friedberg Direct and FXCM was formed with the purpose to allow Canadian residents access to FXCM's suite of products, while maintaining their accounts with a regulated Canadian firm. All accounts are opened by and held with Friedberg Direct, a division of Friedberg Mercantile Group Ltd., a member of the Investment Industry Regulatory Organization of Canada (IIROC). Friedberg customer accounts are protected by the Canadian Investor Protection Fund within specified limits. A brochure describing the nature and limits of coverage is available upon request or at www.cipf.ca.