Execution Transparency

At FXCM, our aim is to give you all the information you need to make smarter trades. We understand that in today’s complex market environment, transactional transparency is an increasingly important part of execution performance. The more transparent your trading partner, the more you know and the more power you have.


EXECUTION SPEED

Execution affects the price you pay. FXCM is therefore committed to maintaining an efficient trading environment and understands that fast trade execution* is critical to your success. We challenge ourselves every day to deliver this. After all, being fair pays dividends in customer satisfaction.


PRICE IMPROVEMENTS

At FXCM, we've automated every aspect of the trade process with the goal of ensuring your trades are executed lighting fast, without any manual intervention, and at the price you expect – or at times even better.
OUR TECHNOLOGY: Over one hundred thousand orders with Price Improvements*
With FXCM’s price improvement technology, all orders can receive positive slippage, or price improvements as a result of natural market price fluctuations. This means you can potentially make more money if the market gaps or spikes favourably through your price. This is especially true in situations where the market moves fast (during weekend gaps or around news events). You may though also experience negative slippage. This means the price you are filled at will be worse than the order price and in extremely volatile markets, the fill price could be much worse. However, we're committed to maintaining an efficient trading environment that reduces latency to help you manage the degree of acceptable slippage.


FXCM Highlights

69.50% of all orders had NO SLIPPAGE.
13.60% of all orders received positive slippage.
16.90% of all orders received negative slippage.


HISTORICAL SPREADS

The difference between the buy and sell prices for any given market – called the spread – is effectively your cost for trading that market. We aim to keep the spreads for all our markets consistently low, to give you the best value service.
EUR/USD averages 1.2 pips during peak hours
GBP/USD averages 2.1 pips during peak hours
USD/JPY averages 1.6 pips during peak hours
See more details on the full historical spreads report.


DISCLAIMERS

The information provided is historical in nature and does not imply that ICM Capital maintains a particular capacity or performance level. Past results are not indicative of future performance. The price at which an order is executed does not negate the high level of risk involved with forex trading. Trading could result in losses regardless of the pricing quality of opening or closing transactions. Spreads Data comes from all available liquidity providers – liquidity providers subject to change.
Risk Warning: 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 and are intended for retail and professional clients. The products may not be suitable for all investors. Please ensure that you fully understand the risks involved.
Compensation: When executing customer trades, ICM Capital 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.