CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
It is our mission to provide increasing levels of quality pricing, transparency and execution services so that we can provide you with the best trading experience. We are committed to execution quality and transparency. That's why we provide execution statistics to provide that transparency our traders want.
The below statistics and highlights are based on historical data obtained from the FXCM Group.
Over 87% of orders have zero or positive slippage.
FXCM Group 2020 Highlights
63.54% of all orders had NO SLIPPAGE.
23.78% of all orders received positive slippage.
12.69% of all orders received negative slippage.
66.86% of all limit and limit entry orders received positive slippage.
54.10% of all stop and stop entry orders received negative slippage.
Over 87%1 of all orders receive positive slippage or zero slippage, this means those trades were executed at the rate client clicked on or better with FXCM. This effectively lowers your spread at execution. Possibly get executed at prices better than displayed spreads.
The effective spread is a better measure of trading costs because it captures Price Improvements. Know your trading costs and ask your broker about their effective spreads.
View our historical chart to see the difference between the displayed spread and effective spreads.
Note: Rollover occurs at 17:00 ET every day. Spreads can widen specifically during this time.
Fast trade execution2 is critical to any traders success in the forex and CFD marketplace. FXCM provides speed in addition to price and access to liquidity.
Average Execution Speed
0.0180.018 seconds or 18 milliseconds
Good Till Canceled Market Orders
0.0260.026 seconds or 26 milliseconds
This defines the amount of time we receive the order until execution. This excludes internet latency and post trade booking.
Quality of Execution
FXCM EU is committed to continuously obtaining the best possible outcome for client orders. It is essential for us to enable our clients and the public to evaluate the quality of FXCM EU's execution practices and to identify the top five execution venues where client orders are executed in terms of trading volumes.
We monitor the effectiveness of our order execution arrangements and regularly assess whether our available execution venues continue to provide the best possible results for client orders. Please be advised that FXCM EU is the counterparty to all client orders. Please refer to our Execution Policy and the Best Execution Publications below for further details.
On a quarterly basis FXCM publishes execution data. See reports
FXCM uses Jefferies Financial Services Inc (JFSI) as a prime broker for FX trading. FXCM pays JFSI a prime broker fee for the prime broker services. Leucadia Investments has become the majority economic owner of FXCM. Leucadia Investments and JFSI are both part of Jefferies Financial Group.