By completing the following form, you are requesting Forex Capital Markets Limited (“FXCM LLC”) to change your pricing and execution for one or all of your FXCM accounts from a Standard Account to a Mini Account setting.
|Mini||Standard ( Most popular )|
|Forex Leverage up to||400:1||100:1|
|CFD Leverage (Indices & Commodities)||200:1||200:1|
|Forex Execution||Dealing Desk||No Dealing Desk|
|Forex Pricing||Total cost is spread||Low commissions|
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. Mini accounts with equity greater than 20,000 will be switched to a Standard account with 100:1 leverage, No Dealing Desk execution, and low spreads + commissions. See Execution Risks.
Take care when completing this form and ensure that you understand the terms of your request before you click submit. Feel free to contact client services should you have any questions, comments or concerns regarding your request.
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