FXCM Reduces Spreads By As Much As 54%

LONDON–(BUSINESS WIRE)–FXCM Group, LLC (‘FXCM Group’ or ‘FXCM’), a leading international provider of online foreign exchange, CFD trading and related services has today announced it has reduced its spreads¹ by as much as 54% on major currency pairs and indices. The new spreads will be available for clients under Forex Capital Markets Limited, FXCM EU LTD and FXCM Australia Pty. Limited.

In addition to reduced spreads, the FXCM continues to deliver quality execution with 84%² of all orders receiving positive slippage or zero slippage. This means those trades were executed at the rate the client clicked on or better with FXCM.

Check out FXCM’s new spreads, available on desktop, mobile and web trader platforms, below:

*Calculations are derived from FXCM Group spreads from April 1, 2022 to June 30, 2022. Spreads can vary. Past Performance is not an indicator of future results.

Brendan Callan, CEO of FXCM, said: “In recent months, big swings in global currencies such as the euro’s decline against the dollar have created opportunities for retail investors, driving many towards the FX market. In line with our ‘Client First, Trader Driven’ mantra, we have made our pricing more competitive than ever before and are committed to continue offering quality execution and the best possible experience for our clients.”

FXCM, recently named Broker of the Year at the Ultimate Fintech Awards, has continually expanded its services throughout 2022, underlining its commitment to a “Client First, Trader Driven” approach. In addition to expanding its CFD offering with the doubling of its French, German and UK share offerings, the firm also launched Australian single share CFD trading with zero data fees and commissions³ to enhance the service provided to clients.

¹The above changes currently apply to TS2 accounts. FXCM intends to apply similar changes to MT4 accounts in the future. MT4 is a 3rd party platform and therefore there are additional technical challenges when it comes to making pricing changes.

²As per the June 2022 Slippage Statistics Report. The data comes from various order types that executed through FXCM Group from 1 January, 2022 to 30 June, 2022. Data excludes certain types of non-direct clients, e.g. clients of certain intermediaries.

³ When executing customers’ trades, FXCM can be compensated in several ways, which include, but are not limited to: spreads, charging commissions at the open and close of a trade, and adding a mark-up to rollover, etc. Commission-based pricing is applicable to Active Trader account types.

ENDS

About FXCM:

FXCM is a leading provider of online foreign exchange (FX) trading, CFD trading, and related services. Founded in 1999, the company’s mission is to provide global traders with access to the world’s largest and most liquid market by offering innovative trading tools, hiring excellent trading educators, meeting strict financial standards, and striving for the best online trading experience in the market. Clients have the advantage of mobile trading, one-click order execution and trading from real-time charts. In addition, FXCM offers educational courses on FX trading and provides trading tools, proprietary data and premium resources. FXCM Pro provides retail brokers, small hedge funds and emerging market banks access to wholesale execution and liquidity, while providing high and medium frequency funds access to prime brokerage services via FXCM Prime. FXCM is a Leucadia Company.

Forex Capital Markets Limited: FCA registration number 217689 (www.fxcm.com/uk)

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

66% of retail investor accounts lose money when trading CFDs with this provider.

You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

FXCM EU LTD: CySEC license number 392/20 (www.fxcm.com/eu)

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

73% of retail investor accounts lose money when trading CFDs with this provider.

You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

FXCM Australia Pty. Limited: AFSL 309763. By trading, you could sustain a total loss of your deposited funds. The products may not be suitable for all investors. Please ensure that you fully understand the risks involved. If you decide to trade products offered by FXCM AU, you must read and understand the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business on www.fxcm.com/au.

FXCM South Africa (PTY) Ltd: FSP No 46534 (www.fxcm.com/za). Our service includes products that are traded on margin and carry a risk of losses in excess of your deposited funds. The products may not be suitable for all investors. Please ensure that you fully understand the risks involved.

FXCM Markets Limited: Losses can exceed deposited funds. (www.fxcm.com/markets).

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