FXCM Market NDD Premium Upgrade Form
By completing the following form, you are requesting FXCM Markets Limited (“FXCM”) to change your trading account(s) from a Standard Account to a Premium Account.
|Standard Account||Premium Account|
|Equity||Under $20,000||$20,000 or above|
|Forex Leverage||Up to 400:1||100:1|
(Indices & Commodities)
|CFD Leverage: Shares||10:1||10:1|
|Forex Execution||Dealing Desk||No Dealing Desk|
|Spreads||Low Spreads EUR/USD 1.2 pips*||Lower Spreads EUR/USD 1.1 pips*|
Please take care when completing this form and ensure that you understand the terms of your request before you click submit. Please feel free to contact client services should you have any questions, comments or concerns regarding your request.
Please note your account must be flat for at least 24 hours at the time of processing.
Please complete the form below
Your information has been received and will be processed shortly.
✝ Figures are subject to change. Please refer to the trading platform for the complete list of tradable forex pairs and CFD instruments.
* Spreads shown here are for reference only. Please refer to the FXCM Trading Station for up to date spreads. FXCM reserves the right to transfer a client from No Dealing Desk to Dealing Desk in its absolute discretion.
Execution Disclaimer: When trading Forex on both FXCM's Dealing Desk and No Dealing Desk (NDD) execution models, FXCM is the final counterparty to these transactions. In both execution models FXCM aggregates the bid and ask prices from a pool of liquidity providers. The quotes that are displayed on FXCM's platforms are the best available bid and ask quotes received from liquidity providers plus a fixed mark-up for each currency pair. On the Dealing Desk execution model FXCM can act as the dealer on some or all currency pairs. There are also back up liquidity providers that fill in whenever FXCM does not act as the dealer. Please note that FXCM's Dealing Desk employs fewer liquidity providers than the No Dealing Desk execution option.
For more information, see our Execution Risks.
Note: Contractual relationships with liquidity providers are consolidated through the FXCM Group, which, in turn, provides technology and pricing to the group affiliate entities.
Compensation: When executing customers' trades, FXCM can be compensated in several ways, which include, but are not limited to adding a markup to the spreads it receives from its liquidity providers and adding a markup to rollover. Under the Dealing Desk execution model, FXCM may act as a dealer and may receive additional compensation from trading.
Leverage Tiers: Standard Accounts default to dealing desk execution on 400:1 leverage. Premium accounts default to No Dealing Desk execution on 100:1 leverage. Accounts with equity that surpasses 10,000 may be switched to 200:1 leverage. Accounts with equity that surpasses 20,000 may be switched to 100:1 leverage. FXCM may take steps to mitigate its risk arising from market making more effectively by, at our sole discretion and at any time and without previous consent, transferring your underlying account to our NDD execution offering.
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.