Active Trader
FXCM's Active Trader account is designed for traders who actively trade. When trading is more than a hobby, treat yourself to our very best. Active Trader benefits include dedicated support, premium services and custom solutions. Active Traders are eligible for different tier pricing.
BENEFITS
Designed with the dedicated trader in mind, the Active Trader account represents FXCM's highest level of service and furnishes customers with many unique features:
ELITE PRICING
As an Active Trader, you are eligible to receive Active Trader pricing
DEDICATED SUPPORT
A committed team of experienced professionals offer top-tier support to Active Trader accounts. From one-on-one consultations with a Relationship Manager to the exclusive Back-Office Team ensuring FXCM's resources are being properly utilised, customer support is second to none.
API TRADING
If you're a programmer looking to develop a black-box solution or an order-processing application, you can use our FIX, ForexConnect and JAVA APIs to create the custom solution you need. With your Active Trader account, you get free access to multiple APIs.
INSTITUTIONAL DERIVED TRADE IDEAS
Supplement your trading strategy with free access to high-end institutional derived FX data through an eFXplus premium subscription. Receive real-time alerts on fresh trade ideas, and currency forecasts from institutional research. Scan insightful economic forecasts and analytical views supported by trade level and targets from the model portfolios of multiple banks. Review market sentiment generated by quant models. Fill out the eFXplus access form to see if you qualify for a subscription.
MARKET DEPTH
An Active Trader account unlocks market depth functionality on the Trading Station platform. Multiple levels of liquidity are visible at each price, providing extremely useful information to short-term and high-frequency traders.
CUSTOM SOLUTIONS
The favourable market access of VPS hosting comes complimentary with an Active Trader account. A 2% credit of deposited funds is available for allocation towards the FXCM APPs store.
HOW DO I ENABLE MY ACTIVE TRADER ACCOUNT?
CALL US AT +44 20 7398 4050 TO FIND OUT IF YOU QUALIFY
ACTIVE TRADER PRICING
FXCM's Active Trader account is designed for traders who actively trade. You can get different tier pricing on your spread costs based on the volume you trade.
Forex Commissions
| Discount | |
|---|---|
Active Trader |
|
| Savings1 | 62.4% |
| Commission per 1M | $25 |
| Monthly Volume2 | 150M - 500M |
This is the average discount across our major pairs: EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, EUR/JPY and GBP/JPY.
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. Because the monthly trading volume is between 50 and 149 million, the commission per side per million would be $30.
FOREX AVERAGE SPREADS
Finding ways to improve your trading experience while lowering spread costs is where Active Trader really shines.
| Pair | Spread | Pair | Spread | Pair | Spread |
|---|---|---|---|---|---|
| AUD/CAD | 0.9 | AUD/CHF | 0.7 | AUD/JPY | 0.5 |
| AUD/NZD | 1.2 | AUD/USD | 0.3 | CAD/CHF | 0.7 |
| CAD/JPY | 0.6 | CHF/JPY | 0.9 | EUR/AUD | 1.0 |
| EUR/CAD | 0.9 | EUR/CHF | 0.7 | EUR/GBP | 0.5 |
| EUR/JPY | 0.4 | EUR/NOK | 23.3 | EUR/NZD | 1.5 |
| EUR/SEK | 21.5 | EUR/TRY | 90.1 | EUR/USD | 0.2 |
| GBP/AUD | 1.6 | GBP/CAD | 1.4 | GBP/CHF | 1.3 |
| GBP/JPY | 0.9 | GBP/NZD | 2.1 | GBP/USD | 0.5 |
| NZD/CAD | 0.8 | NZD/CHF | 0.8 | NZD/JPY | 0.6 |
| NZD/USD | 0.4 | TRY/JPY | 2.9 | USD/CAD | 0.5 |
| USD/CHF | 0.5 | USD/CNH | 6.9 | USD/JPY | 0.2 |
| USD/MXN | 26.7 | USD/NOK | 16.9 | USD/SEK | 17.4 |
| USD/TRY | 92.5 | USD/ZAR | 62.3 | ZAR/JPY | 0.4 |
CFD AVERAGE SPREAD COSTS
With all FXCM account types, you pay only the spread to trade indices and commodities. Our enhanced index CFDs allow you to trade without stop and limit restrictions or re-quotes.
| Instrument | Spread | Instrument | Spread | Instrument | Spread |
|---|---|---|---|---|---|
| AUS200 | 1.49 | BTC/USD1 | 31.83 | CHN50 | 9.39 |
| ESP35 | 7.65 | EUSTX50 | 1.10 | FRA40 | 1.14 |
| GER30 | 1.11 | HKG33 | 10.09 | JPN225 | 11.16 |
| NAS100 | 0.90 | SPX500 | 0.48 | UK100 | 1.09 |
| US20002 | 0.40 | US30 | 2.18 | NGAS | 0.01 |
| UKOil | 0.05 | USOil | 0.05 | Copper | 0.003 |
| XAG/USD | 0.043 | XAU/USD | 0.36 | BUND | 0.03 |
| CORNF2 | 0.75 | SOYF | 0.79 | WHEATF2 | 0.75 |
BTC/USD average spreads are derived from tradable prices from October 1, 2018 to October 31, 2018. Bitcoin is available for FXCM LTD clients since October 1, 2018.
CORNF, WHEATF and US2000 have recently been added to our product offering and the spreads displayed above are the target spreads.
Spread Betting Average Spread Costs
Trade the average spread of EUR/USD for as low as 0.7 pips, the GBP/USD for as low as 0.9 pips, or the USD/JPY for as low as 0.7 pips.
| Pair | Spread | Pair | Spread | Pair | Spread |
|---|---|---|---|---|---|
| AUD/CAD | 2.3 | AUD/CHF | 3.3 | AUD/JPY | 1.9 |
| AUD/NZD | 3.8 | AUD/USD | 0.8 | CAD/CHF | 3.3 |
| CAD/JPY | 2.0 | CHF/JPY | 2.3 | EUR/AUD | 2.4 |
| EUR/CAD | 2.3 | EUR/CHF | 1.2 | EUR/GBP | 1.0 |
| EUR/JPY | 1.8 | EUR/NOK | 39.8 | EUR/NZD | 4.1 |
| EUR/SEK | 38.0 | EUR/TRY | 93.9 | EUR/USD | 0.7 |
| GBP/AUD | 4.2 | GBP/CAD | 4.0 | GBP/CHF | 2.7 |
| GBP/JPY | 2.3 | GBP/NZD | 5.9 | GBP/USD | 1.0 |
| NZD/CAD | 4.6 | NZD/CHF | 4.6 | NZD/JPY | 2.0 |
| NZD/USD | 0.9 | TRY/JPY | 6.7 | USD/CAD | 1.0 |
| USD/CHF | 1.0 | USD/CNH | 10.7 | USD/JPY | 0.7 |
| USD/MXN | 43.2 | USD/NOK | 33.4 | USD/SEK | 33.9 |
| USD/TRY | 96.3 | USD/ZAR | 78.8 | ZAR/JPY | 4.2 |
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.
Commissions: Commission-based pricing is available on Active Trader account types. Commissions are charged at the open and close of trades in the denomination of the account.
Compensation: When executing customers' trades, FXCM can be compensated in several ways, which include, but are not limited to: spreads, 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. 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.