Forex Trading Station

The FXCM Trading Station is a world-class online foreign exchange trading station designed to provide clients with comprehensive market information and a high level of execution.

FXCM feeds real-time streaming prices into the FXCM Trading Station. These prices update dynamically tick by tick with the slightest market move. They are not simply indications of where the market is trading but actual executable prices where traders can buy or sell the currency pair.

In an over-the counter market like foreign exchange, not all participants have equal access to competitive pricing. The larger and more creditworthy an institution is, the better its access to other market participants and the more competitive it’s pricing. According to the financial data posted on the CFTC website*, FXCM is one of the largest non-bank FCMs that specialize in the Spot FX Market.

The “No Dealing Desk” execution option is designed for “scalpers” or active FX traders. The no dealing desk option provides traders, through direct access to FXCM, to some of the best bid and ask prices via multiple bank access. There is no dealer confirmation. This means that during key news and economic events there are no restrictions on order placement. The no dealing desk option also allows traders to place entry orders within the spread. FXCM offers traders all the advantages of a “No Dealing Desk” option with the added benefit of the ability to place orders over the phone 24 hours a day.

On the FXCM trading platform, all trades are executed in standard sizes of 100,000 units of base currency per one lot**. There are no restrictions on order sizes; however, clients trading in sizes of more than $3,000,000 (30 100K lots) who want the entirety of their orders filled should use “At Best” price execution.