Forex Global Broker

History of FXCM Group

The FXCM Group is a leading provider of online foreign exchange (FX) trading, CFD trading, spread betting and related services. Founded in 1999, the company's mission is to provide global traders with access to the world's largest and most liquid market by offering innovative trading tools, hiring excellent trading educators, meeting strict financial standards and striving for the best online trading experience in the market. Clients have the advantage of mobile trading, one-click order execution and trading from real-time charts. In addition, FXCM offers educational courses on FX trading and provides trading tools, proprietary data and premium resources. FXCM Pro provides retail brokers, small hedge funds and emerging market banks access to wholesale execution and liquidity, while providing high and medium frequency funds access to prime brokerage services via FXCM Prime. FXCM is a Leucadia Company.

What it means to be a Leucadia Company

Beginning in January 2015, through a series of transactions, Leucadia Investments has become the majority economic owner of FXCM. Leucadia Investments is part of the merchant banking arm of Jefferies Financial Group. FXCM has benefited from the scale and breadth of the Jefferies family of companies. Firmly committed to FXCM's success, Leucadia/Jefferies Managing Director, Jimmy Hallac, is the Chairman of FXCM Group, while Rich Handler and Brian Friedman, Jefferies' CEO and President respectively, both sit on the FXCM Board of Directors. Our customers, employees and stakeholders benefit greatly from the Leucadia/Jefferies affiliation.

Who is Leucadia? Financial Size and Strength

Leucadia is the former name of Jefferies Financial Group Inc. (NYSE: JEF) and part of its merchant banking business. Jefferies operates the only independent full-service global investment banking firm headquartered in the U.S., together with an established merchant banking business with a proven track record. Jefferies engages in investment banking, sales and trading and asset management through Jefferies Group LLC and diverse other businesses in its merchant banking portfolio.

The FXCM and Leucadia/Jefferies Partnership

Providing insight, expertise and execution to investors, companies and government entities, Jefferies provides FXCM with prime brokerage services. The FXCM and Jefferies relationship is another way that the Leucadia/Jefferies relationship helps FXCM improve the service we provide our clients. Learn More

You're at the Heart of what we do

FXCM is committed to building a better brokerage for our traders, our goal is to provide you with the ultimate trading experience. We are constantly looking to provide innovative technology solutions, quality pricing, and transparent execution that will help our traders navigate and trade the financial markets. FXCM also offers dedicated 24/5 customer support, with global offices in London, New York, Hong Kong, Sydney, and more.

FXCM Group's Liquidity Providers and Prime Brokers

FXCM Group's liquidity providers include global banks, financial institutions and other market makers. FXCM Group currently has a number of liquidity providers, including but not limited to: – Barclays Bank, PLC – Citadel Securities LLC – Citibank N.A. – Deutsche Bank AG – FASTMATCH INC – XTX Markets Limited – UBS AG – Morgan Stanley & Co., LLC – Commerzbank - HC Technologies LLC. FXCM Group also has a number of Liquidity providers that stream pricing through the FastMatch Electronic Communication Network. FXCM Group's Prime Brokers include Citibank N.A. and Jefferies Financial Services, Inc.

How Do Liquidity Providers Compete?

Each liquidity provider streams through a direct feed of executable buy and sell prices to FXCM. FXCM's Price Engine selects the best buy price and the best sell price, which result in the best available spread. FXCM's spreads are transparent and some of the lowest in the industry. FXCM is the counterparty to all trades that a client undertakes. In no way does a liquidity provider act as the manufacturer or counterparty in the context of any transaction with a client.

Liquidity Providers Competition

Liquidity providers are also ranked by their order rejection rate, spreads, and latency. FXCM constantly evaluates and monitors the ranking of our liquidity providers and takes any appropriate actions if necessary aiming to provide best available price to our clients. Through assessing our liquidity providers' execution performance together with our internal risk management framework, FXCM may offset multiple trades in blocks. By holding ourselves and our liquidity providers to such high standards, we strive to provide the best possible customer experience.

What Do Liquidity Providers See?

When a trader places an order, FXCM hedges the position immediately. For example, a buy order in the example above would go to liquidity provider #2. To the liquidity provider, all orders appear as Market Orders from FXCM and contain no information about the trader. Since your stops, limits, and your entry orders are invisible to these price providers, we create an environment free of price manipulation. When we combine this with no re-quote trading you have the opportunity to confidently trade all market conditions, even during key news events.

FXCM Group Awards

Since inception, the FXCM Group has gained industry-wide recognition. This is accentuated by a long list of awards and accolades for provision of brokerage and trade-related services.

The forex and CFD marketplaces are international venues, including participants from every corner of the globe. In order to provide premium forex/CFD market access to customer accounts worldwide, the FXCM Group has built a vast infrastructure of associates and third-party affiliates capable of enhancing the trading experience.

Since 1999, the FXCM Group has been on the leading-edge of the forex market. From technological proficiency to the creation of common sense solutions, FXCM has garnered many acknowledgements and accolades while promoting the advancement of the forex and CFD.