This event includes the production of video and image material for the event as well as its use in printed and digital form including publication on the FXCM's website, in social networks and on websites of third parties (including FXCM affiliates) for the purpose of reporting about the event.
Additional documentation such as a government issued photo ID and proof of residence may be required to complete your account application. Learn More
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.
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.
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.
Trading Accounts: Price arbitrage strategies are prohibited and FXCM determines, at its sole discretion, what encompasses a price arbitrage strategy. Trading accounts offer spreads plus mark-up pricing. Spreads are variable and are subject to delay. Traders can trade up to 400:1 leverage on FX and 200:1 leverage on other leveraged products. Leverage ratio could vary depending on the account's equity level.
Execution Disclaimer: FXCM is your counterparty to every transaction. FXCM aggregates bid and ask prices from a pool of liquidity providers and is the final counterparty when trading leveraged products on FXCM's trading platform. Note: Contractual relationships with liquidity providers are consolidated through the FXCM Group, which, in turn, provides technology and pricing to the group affiliate entities.
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Price as of 12 July 2020, taken from the FXCM Trading Platform. The conversions from USD to ZAR are an approximation. They are used for illustrative purposes only and they do not constitute the rate at which funds will be converted when funding an FXCM account. For up-to date USD/ZAR rates please check with your local banking institution prior transferring funds.
