FXCM does not charge applicants or clients for completing its applications or forms.
RISK WARNING: Forex/CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.79% of retail investor accounts lose money when trading with FXCM LTD. You should consider whether you understand how Forex/CFDs work and whether you can afford to take the high risk of losing your money.
Trading accounts offer spreads plus mark-up pricing. Spreads are variable and are subject to delay. Leverage for FX and CFDs varies per instrument. Major currency pairs default to 30:1, non-major currency pairs, gold and major indices default to 20:1, and commodities other than gold and major equity indices default to 10:1.
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.
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 forex/CFD 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.