The FXCM Mission
The FXCM group of companies (collectively, the “FXCM Group”) is a leading provider of online foreign exchange (forex) trading, CFD trading, spread betting and related services. Our mission is to inspire global traders with access to the world’s largest and most liquid market. By offering the most innovative trading tools, hiring the best trading educators, and meeting strict financial standards to protect trader funds, we strive for the best online trading experience in the market.
Why Traders Choose FXCM
More than 220,000
active accounts worldwide as of January 2015.
5 trading platforms: Trading Station, MetaTrader 4, Mirror Trader, Ninja Trader and ZuluTrade.
in retail trading volume for 2014.
The new way to access a 24-hour forex market1999
The new way to access a 24-hour forex market
In the late 1990s, a massive group of eager investors (people like you) wanted to trade forex, but easy access to the market simply wasn't there. We started FXCM in 1999 convinced that a unique online trading experience would allow the public, now armed with home computers and the internet, to do something extraordinary: trade the global currency market 24 hours a day.
By the end of our first year, we were trading $250 million a month—small compared to the massive $435 billion now, but a huge achievement for a new industry.
ADVOCATING FOR REGULATION AND INVESTOR PROTECTION2001
ADVOCATING FOR REGULATION AND INVESTOR PROTECTION
Following the core ethical values of the company—integrity, honesty and fairness—we became a registered Futures Commission Merchant with the NFA, further confirming our place as a reputable broker by following stringent capital requirements and regulations.
REIMAGINING THE TRADITIONAL MODEL2007
REIMAGINING THE TRADITIONAL MODEL
We wanted to overturn the traditional forex model of dealers directly profiting from client losses. Direct market access, we feel, is the fairest possible trading, which came to light when we introduced No Dealing Desk forex execution. NDD is the ideal parallel of interests—ours and our clients. Our clients trade on transparent buy and sell quotes streamed from multiple price providers 24 hours a day, five days a week.
Thanks to an outstanding client reaction to NDD, in November, we met a personal goal: We passed 100,000 accounts.
When the 2008 financial crisis hit, thanks to our business model, FXCM was never in a dangerous position; in fact, we were thriving, with no debt, substantial cash holdings and an increasing client base. By 2010, we saw the true, fragile nature of many of our competitors and many forex traders became concerned about the safety of their funds. Our strong economic position allowed us to acquire multiple brokerages to enhance our capabilities and market share.
THE MOVE BEYOND FOREX2009
THE MOVE BEYOND FOREX
Knowing the size and scope of FXCM's resources, our clients turned to us to unify their investments. They wanted to trade forex alongside oil, gold and stock indices. While regulations prevent CFD trading in the United States, our international offices began offering these special products to meet the demand for a multi-asset platform to diversify their investments.
NEW WAYS TO SIMPLIFY TRADING2012
NEW WAYS TO SIMPLIFY TRADING
As our clients become better traders, they develop new ideas for strategies. Our development team codes these EAs, indicators and scripts to meet the demand for automation. We launched the FXCM Apps store to offer these useful trading apps, many of which are free, to traders of any experience level.
THE MOVE BEYOND RETAIL2013
THE MOVE BEYOND RETAIL
As an increased number of financial institutions started coming to us for our institutional trading solutions for their businesses, we knew the time was right to expand our institutional offering: We developed a broad suite of platforms customizable to the specific needs of our business clients.