FXCM Features

Key Features of FXCM

There are many features to trading spot foreign exchange and here is where you can read all about them. Since the fxcm market is operating worldwide, trading is continuous as long as there is a market open somewhere in the world.
Further features include: tight spreads, trading with no commission, leverage, trading 24 hours a day and profit potential regardless of market direction.

Tight Spreads

FXCM has tight spreads as low as 1.6 pips on EUR/USD and 40 cents on Gold as well as various account classifications with different leverages from 1:2 to 1:30. When placing your trades the spreads should be viewed as the cost of trading. Tight spreads such as the ones FXCM offer mean you are being charged less for each trade. Because of the high-trading volume in the FXCM market you can benefit from high liquidity, tighter spreads, better fills on your orders and less slippage. Slippage is where you click on a market price yet get another price by the time your order can be completed. The more volume at each price level, the better those fills become. Therefore, the forex market offers the least slippage of any market. On top of better fills, the spreads are less, which means your costs are less and you can potentially get into profitability sooner due to that.