FXCM: New Forex Trading Platform Shows Traders Market Depth

Feb. 11, 2009 - PRLog -- FXCM, (http://www.fxcm.com) launched its one-of-a-kind forex trading platform, Active Trader.

Active Trader displays an ECN type view of total liquidity available through the platform, providing two major advantages:

•   Transparency in Execution - Before trading, you should know the exact 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, this indicates that short-term prices may be moving towards the side with less liquidity.

Key Features:

•   5 Level Display Of Market Depth
•   View  of the Liquidity Available at Each Price Level
•   Low Spreads - EUR/JPY typically less than 1 pip†.
•   Web Based Trading. No Downloading.

To test Active Trader in real-time, click here for a two-week trial:  http://www.fxcm.com/open-free-active-trader.jsp?CMP=PR-Active  

FXCM Active Trader is an agency / external execution platform,* with commissions determined by trading volume. Opening an account on the FXCM Active Trader Platform requires a minimum deposit of $25,000, or a history of executing at least $10M in notional trading volume per month. There is a small commission charge that starts at $5 per 100,000 unit trade and decreases based on volume.  Spreads are typically 1 pip less than with an FXCM Standard Account, resulting in much lower transaction costs. To see a cost comparison, click here. http://www.fxcm.com/active-trader.jsp?CMP=PR-ActiveTrader

Contact our Active Trader group at 1-646-432-2970, or contact them by e-mail at activetrader@fxcm.com for more information.

   #         #         #   
†NOTE: FXCM Active Trader strives to provide traders with tight, competitive spreads; however, there may be instances when market conditions cause spreads to widen beyond the advertised spreads here.
*References to “agency execution” in this press release refer solely to the FXCM Active Trader platform.  FXCM Micro uses a different platform from FXCM Active Trader that is not an “agency execution” platform.  FXCM Micro in its discretion may or may not offset individual transactions.

#         #         #

FXCM Facts
•   Forex Capital Markets LLC is one of the Largest Forex Dealer Members
•   More than 125,000 live accounts are traded on FXCM trading platforms
•   As of January 2009, an average of $500 billion in notional volume is traded each month on FXCM trading platforms
•   As of January 2009,  in excess of $600 million in customer funds trading on platforms offered by FXCM
Leveraged foreign exchange trading carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.