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Love the new raw spreads ... Good Job FXCM ...
From what i've seen so far, I think on average it is on par with the most tightest non US FX Brokers ...
Hi Thxo, I'm glad you're please with the new spreads!
A reminder for FXCM US clients: On Friday, October 3rd your accounts were upgraded to our new pricing. That means you're now trading on raw FX spreads. The pip markups that were previously included in the spreads have been replaced with transparent low commissions. We believe that this pricing model reflects FXCM's core business principals, offering direct access to quotes from multiple liquidity providers and will be ideal for scalping while providing increased execution benefits to stop and limit orders.
1 Listed spreads and commissions will not apply to some customer accounts due to their relationship with certain intermediaries.
If you have questions about our services at FXCM please send me a Private Message.
I have recently opened a live account (September 2014) and have had good execution and usually a 1 tick spread on the DAX. I have no complaints so far. I have previously traded FDAX and CL futures through US brokers and have not noticed any difference in execution through the spread betting account. The FXCM account is 'no dealing desk' which is comforting and is exactly the same feed as the non spreadbetting acccounts, according to FXCM. I haven't noticed anything out of the ordinary on slippage so far.
In fact my experience with FXCM's spreadbetting account has exceeded my expectations so far and I will be increasing my lot size soon hoping for no out of the ordinary slippage issues.
The lack of access to accurate volume is a slight issue for me but so far, so good :-) 9 out of 10
knowing the valuation of the company was just under $600 million and they only lost half that I took a large equity position pre-market near the bottom price.
Right now there halted from trading.
Lets see if I was a Rockstar or a Rockhead ....when they get things sorted out
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