FXCM offers a "No Dealing Desk" trading model that allows traders to interact with liquidity directly, without dealing-desk intervention.
There are three types of accounts, all of which function under the no dealing desk model. Micro accounts can be opened for as little as $50, Standard accounts require a $2,000 initial deposit and Active Trader accounts require a $50,000 minimum deposit.
When starting an account, traders can choose from a number of software/trading platforms: Trading Station (download), Trading Station Web (online), mobile trading (download), MetaTrader 4 (download) and Active Trader (Active Trader accounts only).
Registered as a Futures Commission Merchant (FCM) and Retail Foreign Exchange Dealer (RFED), FXCM is a member of the National Futures Association (NFA).
SEE: Top 7 Questions About Currency Trading Answered
Figure 1: Additional FXCM advantages
Beginner's Guide To FXCM: Opening A Demo Account
TradingLearn how to trade with the FXCM Trading Station and supported MetaTrader4(MT4)software.
TradingWe give you the basics on FXCM, a dealer that provides multiple trading platforms, forex training and trade signals/analysis.
TradingFrom signing on, to charting and trade management, learn how to trade the forex market with FXCM's online trading software.
TradingAs one of the largest retail forex brokers based in the U.S. Forex.com offers forex traders a reliable, transparent, and high-quality platform.