Forex Capital Markets LLC is one of the largest Forex Dealer Members
Forex Capital Markets LLC (FXCM) is regulated as a Forex Dealer Member by the National Futures Association. Forex Dealer Members are U.S. registered Futures Commission Merchants that have greater than 35% of revenue from foreign exchange.
Approximately $424 Million In Customer Funds Traded Via Platforms Offer by FXCM
FXCM Holdings LLC includes firms regulated across the world, including Australia, the United States, the United Kingdom, Hong Kong and Dubai.
Additionally, FXCM offers its proprietary foreign exchange trading technology to banks and brokers.
As of September 30, 2010, there is more than $424 million in customer funds trading on platforms offered by FXCM.
Over 174,000 tradable accounts on platforms offered by FXCM from nearly 180 countries with an average of 6,700,000 trades executed each month via trading platforms offered by FXCM; moreover, customer support is provided in over a dozen languages. Registered with the CFTC as a Futures Commission Merchant, FXCM has received numerous awards from the investment community, including Best Currency Broker from Shares, Best Retail Foreign Exchange Platform from FX Week and Best Foreign Exchange Specialist from Technical Analysis of Stocks & Commodities. In addition to currency trading, FXCM offers educational courses on forex trading, and provides research through DailyFX.com.
FXCM Holdings, LLC: Expanding and Improving
Since inception, FXCM has added over 650 employees in all areas of operation, including customer support, research, technology, and trading. FXCM has been named to the Inc. 500 list of America's Fastest Growing Private Companies in 2004, 2005, and 2006.
In 2006, FXCM launched its "No Dealing Desk" service, which provides lower spreads.
FXCM launched many new initiatives in 2007, including the ability to hedge trades*, proprietary trading signals for clients, new currency pairs for trading, and One-click execution.
*Please note that effective May 17, 2009, the hedging feature is no longer available to clients of Forex Capital Markets, LLC (FXCM US) in compliance with NFA rule 2-43. Clients of Forex Capital Markets Limited (FXCM UK) and FXCM Australia Limited (FXCM AU) are not affected by this rule.