No. An FXCM Account provides access to trading in Forex, Equity Indices, and Commodities.
A pip is the increment FXCM uses to account for profits and losses. It is the standard used in the Forex market, in place of "points" or "ticks". For Forex instruments (excluding JPY crosses), the "pip" is the second-to-last digit…
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FXCM uses a "lot-based" trading system. This allows our platform to aggregate all client positions into standardized trade sizes, simplifying the process of trading in several different markets on one account. It also allows the platform to track profits and…
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The Spread is the difference between the Buy Price and the Sell Price for any instrument, and is displayed in pips. FXCM quotes tight spreads, which you can view at any time in the Dealing Rates window of your Trading…
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Clients of FXCM can trade Stock Indices, Oil, and Precious Metals from their FXCM Trading Station using CFDs. CFD stands for Contract for Difference. CFDs are specialised and popular Over The Counter (OTC) financial products that allow traders to easily…
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Execution in CFDs is comparable to the underlying market.
Like most markets, traders can experience slippage when trading CFDs. The level of slippage experienced will depend on liquidity in the market and the position size.
Yes, margin requirements can periodically change to account for changes in market volatility and currency exchange rates. Any margin changes will be shown in the MMR column in the Simple Dealing Rates window of the Trading Station. Margin requirement changes…
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Initial margin for each position can be seen in the Create Order window. There are no set maintenance margin levels. Please be advised that trading on margin carries a significant risk of loss and is not suitable for all…
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CFDs provide a linear payoff: a rise or decline in the underlying asset will result in an equivalent rise or decline in a trader's account balance. Also, unlike options, there are no initial premiums that need to be paid. Another…
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No. The CFD merely tracks the underlying price. However, it does give the trader rights or dividends associated with the underlying asset.
Trading with higher leverage means there is a greater risk of loss, as well as potential for profit. Depending on the amount of leverage used, small moves in a CFDs price could generate significant changes in an account balance.