Open an Account

Step 1

To get started, complete the form on the right and then click Begin Application.

Compare Account Types

  • The Mini account is ideal for new traders with all trading costs within the spread.
  • The Standard Account offers Low Commission pricing similar to stocks.
  • Reduced commissions are available to high-volume traders.

Step 2

You will then be redirected to a secure website. Fill out the application.

FXCM Account Application

Step 3

You will be provided with a username and password upon completing the application. Log in to the myfxcm client portal, deposit funds, and start trading.

Learn about Supporting documentation

FXCM LTD will only conduct business with a client for whom it considers such business to be appropriate and in assessing appropriateness, will rely on the information provided by the client in his/her/their application form. For this reason, it is essential that you immediately advise us in writing if there is subsequently an adverse change in the information you have provided.

Notice: This product summary should be read in conjunction with our Terms of Business. While every effort has been made to ensure the accuracy of this guide, this information is subject to change, often without notice, and therefore is for guidance only. If you ever have any questions please contact FXCM directly.

FXCM offers many different platforms to suit your trading needs. FXCM recommends our Flagship Trading Station platform for most traders. Compare Platforms

Compare FXCM Account Types

While all traders have access to FXCM's 24/7 Live Support and online education materials, we introduced the Mini, Standard and Active Trader account service levels to cater to your individual needs.

Mini Standard Active Trader
General Settings
Equity Range £50 - £20,000 £2,000 - Unlimited £25,000 or higher
FX Lot Size 1,000 1,000 1,000
Forex Pairs 18 39 39
Forex Leverage Up to 400:1 100:1 100:1
CFD Instruments 22 22 22
CFD Leverage 200:1 200:1 200:1
Pricing & Execution
Forex Spreads All Inclusive Low Spreads + Commission Up to 60% Off Typical Cost
Forex Execution Dealing Desk No Dealing Desk No Dealing Desk
Forex Restrictions Price arbitrage strategies are prohibited.1 None None
CFD Spreads All Inclusive All Inclusive Contact Us
Trading Platforms
MetaTrader 4
Trading Station
Mirror Trader
NinjaTrader
ZuluTrade
Trading Services
24/7 Live Support
DailyFX PLUS
Free VPS Service
Relationship Manager
Dedicated Service Team
Free Bank Wires2
FIX API Connection
FXCM Apps/Programming Credit3 $100 credit 2%
Account Types
Individual/Joint
Spread Bet4
Trust/SIPP5
Corporate/Partnership4
Custodial5

Private Client Group:
Available to select institutions and individual clients who deposit £150,000 or trade 50 million in notional volume per month, Private Client Group gives access to premium services and custom commission settings. Find out how FXCM’s Private Client Group can help you reach your complex financial goals: +44 (0) 2073984050 | privateclientgroup@fxcm.co.uk

1 Mini Accounts: Mini accounts offer 22 CFD instruments and 18 currency pairs, and default to dealing desk execution where price arbitrage strategies are prohibited. FXCM determines, at its sole discretion, what encompasses a price arbitrage strategy. Mini accounts utilising prohibited strategies may be switched to No Dealing Desk execution. Mini accounts with equity less than 10,000 CCY have 400:1 forex leverage; between 10,000 and 20,000, have 200:1; more than 20,000, have 100:1 leverage and No Dealing Desk execution. See Execution Risks.

2 Two free bank wires per month.

3 Credit available toward FXCM-developed apps.

4 Spread Betting: FXCM UK offers tax exempt spread betting accounts exclusively to UK and Ireland Residents. Residents of other countries are NOT eligible. Spread betting is not intended for distribution to, or use by any person in any country and jurisdiction where such distribution or use would be contrary to local law or regulation.
 
Spread Betting is an option on both Mini and Standard account types. However please note that Spread Bet accounts will always be set to all-inclusive spreads pricing regardless of account type. While Spread Bet accounts do not offer raw FX spread + commission pricing, the FX spread mark-up is comparable.

5 The minimum deposit to open a Corporate Account/Trust/Partnership/LLC/Superannuation account is 10,000 CCY. The minimum deposit to open Custodial Account is £250,000 CCY.

Execution Disclaimer: FXCM aggregates bid and ask prices from a pool of liquidity providers and is the final counterparty when trading forex on FXCM's dealing desk and No Dealing Desk (NDD) execution models. With NDD, FXCM's platforms display the best-available direct bid and ask prices from the liquidity providers. In some circumstances, FXCM may add a markup to NDD spreads, based on account type. In addition to the spread, the trading cost with NDD is a fixed lot-based commission at the open and close of the trade. With dealing desk execution, FXCM can act as the dealer on any or all currency pairs. Backup liquidity providers fill in when FXCM does not act as the dealer. FXCM’s dealing desk has fewer liquidity providers than NDD. There are many other factors to consider when choosing an execution model (such as conflict of interest, trading style or strategy). See Execution Risks. Note: Contractual relationships with liquidity providers are consolidated through the firm's U.S. affiliate, Forex Capital Markets, LLC, which, in turn, provides technology and pricing to the group affiliate entities.

FXCM has two types of forex execution: No Dealing Desk (NDD) and dealing desk. The execution you choose impacts your trading experience and spreads. FXCM recommends NDD execution as it provides the best overall trading experience. Dealing desk execution provides lower spreads for twelve of FXCM's most popularly traded currency pairs, however trading restrictions apply. Learn More

An Individual account gives access to one client. A Joint account gives equal access to two clients. Our business accounts (Corporate, Partnership, Trust and LLC) allow for multiple users and require additional legal documentation during the application process. Additional users must complete an application. Business accounts require a minimum deposit of $10,000.

Spread Betting: FXCM UK offers tax exempt spread betting accounts exclusively to UK and Ireland Residents. Residents of other countries are NOT eligible. Spread betting is not intended for distribution to, or use by any person in any country and jurisdiction where such distribution or use would be contrary to local law or regulation.
 
Spread Betting is an option on both Mini and Standard account types. However please note that Spread Bet accounts will always be set to all-inclusive spreads pricing regardless of account type. While Spread Bet accounts do not offer raw FX spread + commission pricing, the FX spread mark-up is comparable.

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