Forex | Forex | FXCM Takes on Leading CFD Providers: Offering Forex, Stock Indices & Commodity CFDs (31/08/2009 13:24:00)

FXCM Takes on Leading CFD Providers: Offering Forex, Stock Indices & Commodity CFDs

FXCM Ltd. (www.fxcm.co.uk), a leader in the retail forex business will now offer a CFD product focusing on forex, global stock indices, oil, and precious metals.

Key features of online CFD trading with FXCM include:

. No re-quotes
. Competitive pricing
. No commissions*
. Generous leverage
. Single position accounts with hedging capabilities
. Benefits from dividends
. Guaranteed no deficit account balance as a result of trading with no extra fee

By trading CFDs with FXCM, retail clients benefit from FXCM’s close banking relationships with ten of the largest and most aggressive price providers who supply clients with large pools of liquidity and highly competitive spreads, even during market-moving news events. Furthermore, FXCM believes that the new index, commodity, and precious metal CFD instruments will complement their existing forex business and appeal to more retail clients globally, enabling them to trade a range of products from a single trading account.

FXCM executes your trades with no re-quotes. Some CFD brokers trade against their clients and will re-quote in order to make money on your trades, which creates a conflict of interest. FXCM will not interfere in your trading by re-quoting your trades.

Brian Griffin, Executive Director for CFDs at FXCM says:
“FXCM has some of the best people in the industry and feel that it is only a matter of time before FXCM claims its place as a significant provider in the global CFD industry.
 
Everything we do at FXCM is driven by client demand. Our clients have long asked to apply the no re-quote business logic we adopted for our award winning forex service to the index, oil, and metal CFD market-place.

This is what we have doneno re-quotes for our CFD products. I believe we have created the industry’s fairest retail trading platform. We welcome all clients who are frustrated with their current forex and CFD provider to give us a try.”

Open a free practice account and begin trading CFD’s with FXCM Ltd. http://www.fxcm.co.uk/free-forex-accounts.jsp

For further information on CFD market news and analysis please visit FXCM’s free news Web site www.CFDTrading.com.
For more information, read our latest forex news.


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