FXCM Markets

In the late 1990s, a massive group of eager investors (people like you) wanted to trade forex, but easy access to the market simply wasn't there. We started FXCM in 1999 convinced that a unique online trading experience would allow the public, now armed with home computers and the internet, to do something extraordinary: trade the global currency market 24 hours a day. By the end of our first year, we were trading $250 million a month—small compared to the massive $435 billion now, but a huge achievement for a new industry. 2003: By nature, foreign exchange is global, so that's where we went. We first expanded outside the US with our London office. Soon, we opened offices in Paris, Sydney, Milan, Berlin, Tel-Aviv, Hong Kong, Tokyo, Toronto, Athens and other major economic capitals around the world. In 2007 we wanted to overturn the traditional forex model of dealers directly profiting from client losses. Direct market access, we feel, is the fairest possible trading, which came to light when we introduced No Dealing Desk forex execution. Thanks to an outstanding client reaction to NDD, in November, we met a personal goal: We passed 100,000 accounts. When the 2008 financial crisis hit, thanks to our business model, FXCM was never in a dangerous position; in fact, we were thriving, with no debt, substantial cash holdings and an increasing client base. By 2010, we saw the true, fragile nature of many of our competitors and many forex traders became concerned about the safety of their funds. Our strong economic position allowed us to acquire multiple brokerages to enhance our capabilities and market share. 2009: Knowing the size and scope of FXCM's resources, our clients turned to us to unify their investments. They wanted to trade forex alongside oil, gold and stock indices. While regulations prevent CFD trading in the United States, our international offices began offering these special products to meet the demand for a multi-asset platform to diversify their investments. 2012: As our clients become better traders, they develop new ideas for strategies. Our development team codes these EAs, indicators and scripts to meet the demand for automation. We launched the FXCM Apps store to offer these useful trading apps, many of which are free, to traders of any experience level. In 2014, the market was ripe for a change. Taking No Dealing Desk to its next level, we changed our business model. Our new spreads-plus-commission model brought in super-tight spreads and low commissions to give even more transparency to trades. Risk Warning: Our service includes products that are traded on margin and carry a risk of losses in excess of your deposited funds. The products may not be suitable for all investors. Please ensure that you fully understand the risks involved.. Please read FXCM's full risk warning: https://www.fxcm.com/markets/legal/trading-execution-risks/