Third Party Links: Links to third-party sites are provided for your convenience and for informational purposes only. FXCM bears no liability for the accuracy, content, or any other matter related to the external site or for that of subsequent links, and accepts no liability whatsoever for any loss or damage arising from the use of this or any other content. Such sites are not within our control and may not follow the same privacy, security, or accessibility standards as ours. Please read the linked websites' terms and conditions.
2 The discount rate is the average discount under ATG commission referenced across our major pairs: EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, EUR/JPY and GBP/JPY.
3 Monthly trading volume is the sum of all trades in terms of notional volume in USD for a given month. For example, if you trade 50,000k EUR/USD in one month at a rate of 1.20, your notional volume would be approximately 60,000,000 units of currency. As your monthly trading volume is above 50 million, as long as your account equity is above $25,000 for a given month, the commission per side per million would be $30 for trading in major currency pairs. The commission can be reduced to $25 per side per million for trading in major currency pairs if your monthly trading volume is above 150 million. If your trading volume is above 500 million, please contact FXCM. For the commission rate on other non-major currency pairs, please refer to standard rate card for details.
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 with any level of leverage may not be suitable for all investors.
Compensation: When executing customers' trades, FXCM can be compensated in several ways, which include, but are not limited to: charging fixed lot-based commissions at the open and close of a trade, adding a markup to the spreads it receives from its liquidity providers for certain account types, and adding a markup to rollover, etc.
Intermediary Markup: In some instances, accounts for clients of certain intermediaries are subject to a markup.
Average Spreads: Time-weighted average spreads are derived from tradable prices at FXCM from April 1, 2018 to June 30, 2018. Spreads are variable and are subject to delay. Note that Forex spreads are displayed in pips, while CFD spreads are displayed in points. The spread figures are for informational purposes only. FXCM is not liable for errors, omissions or delays or for actions relying on this information.
Active Trader accounts: Active Trader accounts offers spreads plus mark-up pricing or spreads plus commission pricing depending on your equity level and trading volume.
Live Spreads Widget: Dynamic live spreads are available on Active Trader commission-based accounts. When static spreads are displayed, the figures are time-weighted averages derived from tradable prices at FXCM from April 1, 2018 to June 30, 2018. Spreads are variable and are subject to 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.