Trade currencies in the largest market in the world with more than $5 trillion in daily trading volume. Featuring robust depth and maximum liquidity, the forex is a premier destination for active traders around the globe.
Forex, also known as foreign exchange, FX or currency trading, is a decentralized global market where the world buys and sells currency. The forex market is the largest, most liquid market in the world with an average daily trading volume exceeding $6.6 trillion. Learn More
The foreign currency exchange offers an abundance of potential opportunities for veteran traders as well as those new to the markets. If you are searching for a target-rich environment for active trading, look no further than the forex.
With no set exchange hours, you can trade currencies 24 hours a day, 5 days a week.
You can trade forex with leverage (30:1 for major currency pairs)1
Deep liquidity makes it easier to get in and out of trades at any time, even in large sizes.
Remember that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
The majors and the commodity pairs are the most liquid and most widely traded currency pairs in the forex market. These pairs and their combinations (EUR/JPY, GBP/JPY and EUR/GBP) make up the vast majority of all trading on the forex. Due to the fact they attract the largest volume of buyers and sellers, spreads are typically the tightest.
However, there are other currency pairs that allow you to take advantage of macroeconomic events in specific international markets, such as the USD/MXN (US Dollar/Mexican Peso).
The international currency trade furnishes participants with an unparalleled collection of opportunities. Given the depth and liquidity of the forex, it is possible to implement almost any viable strategy with maximum efficiency. From short-term intraday approaches to multi-session swing trading plans, profiting from periodic exchange rate fluctuations can become not only possible but probable.
Perhaps the single most beneficial attribute of the forex is flexibility. Unlike in more conventional trading modules such as stocks, forex trading profits are not limited only to buying low and selling high. You are able to make money from being either long or short a specific market, increasing the number of potential trading opportunities exponentially.
Whether your outlook on a currency is bullish or bearish, you have the ability to capitalise upon the idea - buy low and sell high or sell high and buy low.
Despite the flexibility, there is no guarantee that trading will result in profits or not result in losses.
As it pertains to any business ― active trading or otherwise ― profit is the difference between gains and losses minus operating expenses. The beauty of forex trading is that quantifying profit is straightforward because expenses are limited, and gains and losses are easily accounted for.
The best way to manage profit is through regularly referencing your trading platform. Software suites such as Trading Station and Metatrader 4 calculate gains and losses on a pip-by-pip basis. As the market moves, your account balance is updated automatically via the functionality of your platform.
At the end of the day, making money is the goal of any trader. With FXCM, you will always know your P&L, freeing up time for active trading.
One of the largest advantages to trading forex is the minimal amount of capital necessary to get started. Retail traders with limited resources are afforded access to the same markets as institutional participants. In fact, Deposit €300 and trade most of the products.
Conventional financial wisdom suggests that it takes a lot of money to participate in the markets. That is the beauty of the forex ― you don't need to be a millionaire to trade. Utilize the potential of your risk capital.
Of course, as you gain experience in the markets, your goals and resources will often change. In order to cater to the needs of the evolving trader, FXCM offers a variety of account types. Rest assured that no matter your resources and trade-related objectives, FXCM can furnish an alternative designed to enhance your trading experience in the forex market.
FXCM is a global leader in the provision of forex and CFD market access. If you are an active trader or a newcomer anxious to get started, our award-winning service suite stands ready to help you achieve your goals in the marketplace.
In addition to these perks, all live account holders enjoy access to Free Live Trading Signals courtesy of FXCM PLUS. Featuring proprietary signals and analytics, FXCM PLUS has everything you need to maximize your performance in the ultra-competitive forex environment.
If you are an active trader, you can be eligible for different tier pricing. Learn More
Before you start trading, you should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
With FXCM you pay only the spread to trade forex. Reduced pricing is available to high-volume investors.
It is our mission to provide you with the best trading experience. Explore our quality pricing, transparency and execution services.
Our proprietary trading platform provides powerful analytics tools for chart traders and straightforward capabilities for new traders.
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 appropriate for all investors.
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