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.
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.
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 | |
| EUR / USD: 0.7 PIPS | GBP / USD: 1.8 PIPS |
|---|---|
| USD / JPY: 1.2 PIPS | USD / CHF: 1.8 PIPS |
| 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 |
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.
The Active Trader platform supports a FIX API: API Documentation
* 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.