Who Trades With FXCM?

Since the late 1990s, FXCM has given individual and institutional global traders the opportunity to access the world's largest market: forex. A prominent name in online forex trading, FXCM is recognised as an innovative leader in providing in brokerage services.

A wide variety of market participants utilise FXCM's resources to facilitate their forex trading operations. As of January 2015, FXCM provided service to 220,000 active customer accounts worldwide, producing an annual retail trading volume valued at US$3.9 trillion. In addition, FXCM has worked with more than 700 institutional clients over the course of the past decade.

No matter the level of experience, size or location, FXCM has the tools and resources necessary to make success in the marketplace a possibility.

What Is A Retail Trader?

In forex, a retail trader is an individual who actively trades currencies for his or her personal account. Retail traders embrace the challenge of active trading and aspire to achieve profit through risking their own capital. They come in all varieties, ranging from the battle-tested veteran trader to those entering the market for the first time. FXCM offers market access, cutting-edge technology and educational materials to all levels of trader sophistication.

Individuals just starting out in forex have a lot to learn about global currencies and how they are traded. Many educational materials are made available by FXCM to anyone looking to expand his or her forex trading knowledge base:

FXCM affords many different trading options to the retail trader based upon that trader's distinct wants and needs. To provide market access to all individuals interested in trading forex, FXCM offers several unique account types. Each account designation has parameters specifically designed for beginner, intermediate and advanced retail traders:

  • Mini: Low capital requirements limit risk while providing new traders the ability to interact with the forex market live.
  • Standard: Ideal for the intermediate retail trader, standard accounts offer lower spreads and commission structure coupled with superior order execution.
  • Active Trader: Active trader accounts cater to the seasoned retail trader. Custom programming solutions, premium research and reduced trading costs offer value to sophisticated forex traders.

No matter if one is a scalper, swing trader, day trader or long-term investor, FXCM has the technology and market connectivity needed to efficiently facilitate any retail trading operation.

What Is An Institutional Trader?

Institutional traders engage in the active trading of financial instruments on behalf of a group of clients. These forex traders manage customer capital through the implementation of various strategies and approaches within the global currency market.

There are numerous designations assigned to institutional traders, many of which access the forex market through FXCM:

  • Retail brokers
  • Proprietary firms (prop firms)
  • Small and medium hedge funds
  • Small and regional emerging market banks

FXCM works side by side with institutional traders and investors via FXCM Pro. Access to sophisticated technology, discounted cost structures and lines of credit coupled with ultra-low market access and trade-related latencies are of substantial importance to the institutional trader. In order to address these needs, FXCM offers solutions through FXCM Core and FXCM Prime.

International Trading Services

Forex is a global marketplace, with traders interacting within the market remotely on a daily basis. In the current digital environment, all one needs to participate in trading activities is internet connectivity and a personal computer. In order to assure the availability of service, support and market access to an internationally dispersed clientele, FXCM has an extensive global infrastructure in place.

FXCM has offices in the prominent financial centers of the world, with many partners and affiliates available to provide customer service to the retail trader:

  • FXCM U.K.: London, United Kingdom
  • FXCM Germany: Berlin, Germany
  • FXCM Australia: Sydney, Australia
  • Friedberg Direct: Toronto, Canada
  • FXCM Israel: Tel-Aviv, Israel
  • FXCM South Africa: Johannesburg, South Africa

In addition, the offices in the following locales specialise in providing service and support to the institutional forex trader:

  • Forex Capital Markets Ltd: London, United Kingdom

Any opinions, news, research, analyses, prices, other information, or links to third-party sites are provided as general market commentary and do not constitute investment advice. Friedberg Direct will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.


Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, Friedberg Direct, FXCM or its affiliates takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of Friedberg Direct and FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the Friedberg Direct's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed here.**

Past Performance: Past Performance is not an indicator of future results.

Spreads Widget: When static spreads are displayed, the figures reflect a time-stamped snapshot as of when the market closes. 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.

Order Execution Only

Order Execution Only

Regulatory Documents:
IIROC Brochure: How Can I Get My Money Back, How IIROC Protects Investors, IIROC Complaints Brochure, CIPF Brochure, CIPF Coverage Policy, IIROC Order Execution Only Bulletin, Conflict Disclosure Statement, Covid-19 and Cyber Security - Tips for Investors, Relationship Disclosure Information Document

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.

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