With an FXCM Mini account, you can trade some of the most popular forex instruments using a traditional spreads-only pricing model.
When you trade with a Mini account, you pay only the spread—no commissions are added. Mini accounts feature dealing desk execution, where FXCM can determine prices and spreads. Find out more about FXCM Mini accounts.
Average Spreads: Time-weighted average spreads are derived from tradable prices at FXCM from July 1, 2016 to Sept 30, 2016. The spread figures are for informational purposes only. FXCM is not liable for errors, omissions or delays or for actions relying on this information.
Compensation: When executing customers' trades, FXCM can be compensated in several ways, which include, but are not limited to: 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. Under the Dealing Desk execution model, FXCM may act as a dealer and may receive additional compensation from trading.
Mini Accounts: Mini accounts offer 18 CFD instruments and 21 currency pairs, and default to dealing desk execution where price arbitrage strategies are prohibited. FXCM determines, at its sole discretion, what encompasses a price arbitrage strategy. Mini accounts utilising prohibited strategies may be switched to No Dealing Desk execution. Mini accounts with equity less than 10,000 CCY have 400:1 forex leverage; between 10,000 and 20,000, have 200:1; more than 20,000, have 100:1 leverage and No Dealing Desk execution. See Execution Risks.