Target spreads in UK100, GER30, FRA40 and AUS200 may widen when the respective exchange is closed.
1 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.
2 Monthly trading volume is the sum of all trades in lot terms for a given month. For example, if you trade 30K EUR/USD, 200K GBP/USD and 50,000K USD/JPY, your monthly trading volume is 50,230,000 units of currency. It is not necessary to convert the trade value into dollar terms. Because the monthly trading volume is between 50 and 149 million, the commission per million would be $30.
Active trader Accounts: Active Trader accounts default to a Low Spreads + Commission pricing structure. Spreads are variable and are subject to delay. Leverage ratio could vary depending on the account’s equity level.
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.
Spreads: 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.