There are several details you want to consider before trading forex. Check your platform for up-to-date details or see the Forex Product Guide.
FXCM innovated transparency in the forex market with the competitive and market-driven No Dealing Desk (NDD) execution. We also offer the traditional dealing desk execution. With multiple account types, you can choose the execution that works best for your trading.
One of the major benefits of forex is the near consistent trading you can do. You can trade forex 24 hours a day, Monday through Friday, as global markets open and close.
Rollover is the interest paid or earned for holding a position overnight. A credit or debit for each position open at the end of the day is applied directly to your account balance. Your trading platform automatically calculates your rollover amounts.
Margin is a portion of your account equity set aside as a deposit for your trade. Margin requirements are based on your account type and are updated at least once a month to account for price fluctuations. You can keep track of your Used and Usable Margin on your trading platforms.
You have access to some of the most-traded currency pairs in the world. Mini accounts feature the most-volatile pairs on the market, while Standard and Active Trader account feature our entire catalog of pairs.