FXCM Active Trader
Trade With An Edge: Level II Type Market Depth
- EUR/USD 0.7 pips, GBP/USD 1.8 pips*
- No Dealing Desk (Agency) Execution
- Up to 10 levels of market depth
- Lower Commissions For High-Volume Traders
- Web-Based Trading Platform
- Overview
- Commissions and Spreads
- Market Depth and
Platform Features - Active Trader
Level Service - Contact Us
FXCM Active Trader Platform:
Shows Market Liquidity and Gives You the Speed to Exploit It
- Minimum: $50,000 deposit OR trade more than 10M per month in notional volume
Why Trade With a Limited View of the Market?
Active Trader provides a three-dimensional market view: Price, Available Liquidity, and Market Depth. Active Trader gives you the same type of view as a market maker.
- Up to 10 levels of market depth
- View Available Liquidity at Each Price Level
1-Click Market Orders with the option to pre-set stops/limits
- Ideal for scalping and short-term trading
1-Click Entry Orders
Technical Requirements
Adobe system requirements: http://www.adobe.com/products/flashplayer/systemreqs/
| Microsoft® Windows® | Mac OS X | Linux® and Solaris™ | |
|---|---|---|---|
| Processor | Intel® Core 2® CPU 1.99GHz, AMD Athlon® 2.0GHz or faster processor (or equivalent) | Intel Core™ Duo 2.0GHz or faster processor | 2.0GHz or faster processor |
| Memory | 2GB of RAM | 2GB of RAM | 2GB of RAM |
| Graphics memory | 128MB of graphics memory | ||
FXCM's Active Trader platform is designed to offer spreads
approximately 1 pip lower than a typical FXCM Standard account.
The combined transaction costs of the Active Trader platform (spreads + commissions) should be substantially lower than the transaction costs (spreads) available to the typical FXCM Standard account.
FXCM Active Trader rewards clients for higher volumes with lower commissions.
Low Commissions
Commission fee per side per 100K lot
| For an account trading more than | Fee per side per 100K lot |
|---|---|
| 10M / Month | $5 |
| 100M / Month | $3.5 |
| Note: Commissions are negotiable based on trading volume | |
Typical Spread for Major Currencies*
| EUR / USD: 0.7 PIPS | GBP / USD: 1.8 PIPS |
|---|---|
| USD / JPY: 1.2 PIPS | USD / CHF: 1.8 PIPS |
Cost Savings Example: If You Trade 100K Lot EUR/USD
| Traditional FXCM Platform | Active Trader Platform | |
|---|---|---|
| EUR / USD Spread | 2.3 PIPS = $23 | 0.7 PIPS = $7 |
| Commission | $0 | ($5 X 2 Sides) = $10 |
| Transaction Cost | $23 | $17 |
Market Depth Display
Multiple banks compete to provide liquidity to FXCM's Active Trader platform. The platform displays the total available liquidity at the 10 best available price levels.
- Transparent Execution: Before trading, you should know the price at which a market order can be filled based on available liquidity.
- Short-Term Market Direction Indicator: If the amount of liquidity is heavily tilted towards either the bid or ask side, then this will indicate short-term prices may be moving towards the side with less liquidity.
- Short-Term Trading Strategy: Learn how to use market-depth information for short-term trading.
View Video
Web-Based Trading
- No Download
- Mac and Firewall Friendly
API
The Active Trader platform supports a FIX API: API Documentation
Trade more than 10M per month or deposit more than $50,000
and receive Active Trader Level Service
Active Trader Level Service Includes:
- Dedicated Trading Specialists: Knowledgeable specialists provide individualized service to meet your needs.
- Expedited Account Services: Deposits, Withdrawals, Forms, and any account specific inquiries get priority handling.
- Charts with Back-Testing Capabilities: Ask our Active Trader Group about the Advanced Charting Package and Course.
By Phone
- To speak with an Active Trader specialist, please call
0808 234 8789, extension 702970. You can also dial the toll-free number listed for your country on the Contact Us page and enter extension 702970.
By E-mail
- To request more information by e-mail, please contact us at activetrader@fxcm.com.
* Please note that FXCM strives to provide traders with tight, competitive spreads; however, there may be instances when market conditions cause spreads to widen beyond the typical spreads displayed here. Additionally, typical spreads may not be applicable to Japanese-yen-denominated accounts or client accounts of referring brokers. Certain currency pairs may not be available for all account types. For additional information about widened spreads, click here.