FXCM

WHY TRADE AT FXCM

An average of over $365 billion in notional volume is traded each month on trading platforms offered by FXCM. As a result, FXCM have obtained close banking relationships with some of the world's largest and most aggressive price providers. Having multiple price providers is especially important in volatile markets, when one or two banks may post wide spreads, or simply avoid quoting any price at all. With so many major banks quoting prices to FXCM, there are competitive spreads, even during market-moving news events. .

FXCM does not take a market position—eliminating a major conflict of interest. A dealing desk broker, which acts as a market maker, may be trading against your position. However, with their No Dealing Desk execution, they fill your orders from the best prices available to them from the banks. While an individual bank may try to skew its prices off the market, the unattractive price on the bid or ask side will lose the price competition and as a result, not factor into the prices streamed to you. At FXCM, prices are not subject to manipulation by a broker or a banks dealing desk.

While their competitors are beginning to follow their example of offering No Dealing Desk execution, they have successfully implemented it. Excellent bid and ask prices are not meaningful unless you have a reliable trading platform to execute trades. Their trading platform is tested in all market conditions, routinely handling about 300,000 trades per day.

While FXCM aims to provide clients with the best pricing available, having all orders filled at a requested rate means execution risks will remain.