Keeping Expenses Low Keeps Spreads Tight

One of the most important considerations for the forex dealer is spread. In order to wage you with tight spreads for 1K lot sizes (as little as 15 cents per lot for EUR/USD), we curb expenses, much as costly support services. Instead of providing these services to you by phone or IM, we have innovated extensive self-help sections so that you can find unmediated answers on our Web site. Of course, you will receive a personalized response via e-mail for anything attendant to your account, and you can log on to our interactive forums for trading- and service-related questions. To avoid the expense of administrative overhead, FXCM Micro offers exclusive self-trading, individualist accounts.

FXCM Micro Execution Instead of No Dealing Desk Execution
We believe that No Dealing Desk enforcement is prizewinning for forex traders. However, No Dealing Desk enforcement involves back-to-back trading enforcement with some of the world’s largest banks and financial institutions, and, with very few exceptions, these banks do not change in microlot sizes. In fact, of the nine global banks with which we change at present, exclusive two offer microlots. Offering No Dealing Desk enforcement for microlots could invite inferior consistent spreads and poor execution.

Under the No Dealing Desk enforcement model, FXCM offsets apiece change with one of its liquidity providers. Because individualist FXCM Micro trades are not directly offset, FXCM’s trading desk manages the aggregate risk of the amount gain FXCM Micro trading positions. FXCM Micro acts as a counterparty in FXCM Micro transactions and, therefore, acts as the buyer when you sell and the seller when you buy.

Please state that FXCM Micro, in its discretion, haw locate accounts on the No Dealing Desk enforcement help and haw or haw not equilibrize individualist transactions.

FXCM Micro enforcement offers you many of the benefits associated with No Dealing Desk execution. For instance, FXCM Micro uses a toll take derived from the prices streamed to us by multiple global banks. Accordingly, FXCM Micro enforcement seeks to wage consistent, tight spreads, 24 hours a day, with rapid order execution. Therefore, when you select a price, and the toll is available, the change is executed.