Treasury Trading

No Commissions*

Why Trade Treasuries with FXCM?

Start Small

Control and scale your position sizes with small contract sizes. Micro-contract sizes give you the flexibility to risk less per trade.

Leverage

Trade the most popular Treasury products in the world with leverage. See Margin Requirements. However, remember that trading on margin is risky as it can significantly increase your losses as well.

Short Trading

CFD traders can go long or short with a simple click of a button, and speculate on both the rise and fall of Treasury products.

Platform of Choice

Trade on Trading Station, MT4 or via API.

Most Popular Shares AU Shares Forex Stock Baskets Forex Baskets Cryptocurrencies Indices Commodities Treasuries

Most Popular

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Instrument Price 24h % 1Y Range
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Get Started!

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1. by submitting the online application.

2

2. Fund your account and place your first trade.

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3. Explore our treasuries offering in the trading platform.

Not ready to open an account?
Get a feel for the platform by signing up for a Free Practice Account.

Choose your Platform

Our platforms are battle-tested and have been in development throughout FXCM's 20 year history. You may trade any commodity product you like without regard for what you currently hold in your account, and can also trade FX, Indices and Shares all from the same account.

Explore Treasury in Trading Station

What are the costs of trading?

When trading Treasury CFDs with FXCM, trading costs are included in the spread and there are no extra commission fees charged when opening or closing positions and unlike many other brokers there are no minimum commission levels, so at FXCM you are able to avoid the extra costs of placing smaller trades.

The spread costs can easily be calculated on the Trading Station platform, as you can see the real-time spreads and pip costs (in your account denomination) before you enter any trade. To calculate the spread cost in the currency of your account:

(Pip Cost) x (Number of Contracts) x (Spread) = Total Transaction Cost

Can I hold my positions long term?

Treasury products expire periodically.

This means you may want to manage your positions before the contract expires and your positions are automatically closed. See more details in our CFD Expirations Guide.

There is no rollover fees on Treasury products.

Do FXCM apply taxes to clients trading Treasury CFDs?

There are no taxes applied by FXCM when you open and close a CFD position. Please consult a tax professional to advise you on your particular situation.

Frequently Asked Questions

What Treasury products do FXCM offer?

FXCM offers Treasury CFD contracts on Government Bonds, Corporate Bonds and Interest Rates.

What are Interest Rate Futures?

Interest rate futures are financial derivatives that allow exposure to changes in interest rates.

Traders can speculate on the direction of interest rates with interest rate futures.

Why Interest Rate Future price is 99.75 when interest rate is 0.25%?

Because of the IMM (International Monetary Market) quote convention, Interest Rate Future price = 100 – Yield rate

E.g. If three-month CME Eurodollar rate = 0.25%

  • Eurodollar Future price = 100 – 0.25
  • Eurodollar Future price = 99.75

What are the trading hours?

Trading hours on treasuries are generally based on the underlying exchange's hours. Learn more.

Where can I find Treasuries on my account?

You can search a specific Treasury CFD, or you can browse the entire offering in our Symbols List. Once you have found the Treasury you want to trade just double click to subscribe and the instrument will appear in the Dealing Rates window.

Have Additional Questions?

Disclosure
*

When executing customers' trades, FXCM can be compensated in several ways, which include, but are not limited to: spreads, charging commissions at the open and close of a trade, and adding a mark-up to rollover, etc. Commission-based pricing is applicable to Active Trader account types.

This tax treatment is applied by default to all positions and may be subject to change in the future. Rebates may be available depending on your individual tax and residency circumstances, or may differ based on the respective jurisdiction. Please contact FXCM support if you believe you may be entitled to a rebate for additional information you will need to provide. This information is for references purposes only, and reliance on the information contained herein is not an alternative to legal advice from an attorney or other professional legal/accounting services provider. This information is not intended as a financial or an investment advice and must not be construed as such. Seek advice from a separate financial advisor. FXCM assumes no liability for errors, inaccuracies or omissions; does not warrant the accuracy, completeness of the information or other items contained within these materials.

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. Single Share prices are subject to a 15 minute delay. The spread figures are for informational purposes only. FXCM is not liable for errors, omissions or delays, or for actions relying on this information.

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