FXCM is one of the first companies to introduce online retail FX trading, and since then has continuously been an innovator to stay ahead of the pack.

No Dealing Desk

The FXCM trading platform has won many independent awards over the years. The biggest recent innovation to the platform was the introduction of the No Dealing Desk (NDD) trading.

The NDD system allows major international banks and institutions to bid on our clients’ trades. At any given moment our NDD platform posts the most favorable “buy” price and most favorable “sell” price we have received from these competing quotes.

This results in spreads as low as 1 pip. Trades are then covered by the bank which offered the posted price. We make for our expenses with a share of the small spreads between buy and sell prices, with our high volume making up for our tiny fee for each trade.

Anonymity and Positive rolls

Besides the tight spreads, NDD offers many other advantages. Since we stand between you and the quoting banks, those banks cannot distinguish individual traders.

Our NDD platform offers you positive rolls (paying the interest differential between currencies) if you are holding a long position for the higher yield currency overnight. In some of our platforms you also have the ability to place orders inside the spread, and to “hedge” by having buy and sell positions simultaneously on the same currency pair.

Choice of Order Types

NDD gives you a choice of two order types. The first is “At Best” which gives you the certainty of having an order filled in volatile market situations, but not precise price certainty. The second option is “Market Range” which  gives you price certainty within a range which you determine but with the risk that a fast-moving market could bypass your order before it can be filled. You can freely switch between these options according to market conditions, with just the click of a mouse.

Building on Previous Innovations

Our NDD platform, winner of Global Finance’s Best Retail Online Trading System for 2011, still includes many of the innovations found in its previous versions. These include real-time streaming prices, instantaneous order execution, and on some versions the ability to place stop-loss, trailing stop, limit and entry orders.

Our real-time margin tracker helps protect you from excess liability, and up-to-the second electronic, printable account statements help you keep track of your account and manage risks.

The Ongoing Perfection of Forex Trading

Since the introduction of NDD in early 2007, we have continued to add improvements such as one-click trading option for fast-moving markets, the ability to spread large trades over several banks’ offers, and the full integration of charts with the trading system.

Recently, FXCM has begun to offer NDD trading through a mobile platform which can be used on iPhone, Blackberry, Windows Mobile and Android devices.

Interest to trade with FXCM? Drop us an email at fxcmbabagon@gmail.com

We are an authorized Introducing Broker (IB) for FXCM Asia that caters for the Malaysian traders.

For your information, FXCM is fully committed to a strong presence in Asia, to serve all its investors, large and small. Asia is the new engine for the world economy, becoming stronger every year, and this is bringing new wealth to many in the region. Their mission is to provide our clients in Malaysia and Asia with forex trading as an additional investment alternative. To this end, in 2003, FXCM Asia was established in Hong Kong, which was fast becoming Asia’s foremost financial centres.

Since it’s establishment, FXCM Asia has been growing rapidly, as more and more investors in Hong Kong and the region have discovered the advantages of online currency trading. This growth shows no sign of slowing down and FXCM Asia’s regionally-focused staff are now housed in two Investor Centres in Hong Kong and Tsim Sha Tsui. FXCM is now also a public company, listed on the New York Stock Exchange.

I would like to extend an invitation to all Malaysian investors to learn more about the investment potential offered by forex, the world’s largest financial market.

If you have any questions on how to get started with FXCM, just drop an email at fxcmbabagon@gmail.com. We’ll help to answer all your queries.

Hey there,

In this blog post, I’m going to share some information on FXCM. In Malaysia, there are several Forex Brokers that you can choose from such as Instaforex, Fxprimus, Easy-Forex, Trading Point, and a lot more. This post is not meant to degrade other forex brokers. They have their own advantage. However, since you’re already on this site, I would like to explain several advantages FXCM has over other Forex Brokers.

The key question that probably is on your mind right now is why should you trade with FXCM?

In Malaysia, Forex Trading is getting more popular. People are starting to find out about this lucrative way of making more money. This steady upward trend has also attracted a lot of Forex Brokers to find more clients from Malaysia.

Choosing a Forex Broker from a sea of many can be daunting. Therefore, it is advisable to stick with large, reputable names.

Forex Capital Markets LLC, or FXCM, is one of the largest and most well-regarded forex brokers in business today.

About FXCM

Since being founded in 1999, Forex Capital Markets LLC – commonly known as FXCM – has risen to become one of the most reputable and relied upon forex brokers in the world. Its 2008 revenues surpassed $300 million, and it employs more than 550 people worldwide. Its main headquarters in New York serve as the nucleus of a worldwide organizational structure that offers a flexible number of options to the many traders who rely upon its services.

FXCM’s global reach began in earnest in 2002, when it opened its London office. Over time, FXCM has opened offices in Hong Kong, Sydney, Dubai and Paris; it also has several offices within the United States. Its FX Trading Station trading software is regarded as one of the leaders in the industry, and FXCM further distinguishes itself by offering a discount brokerage division, FXCM Micro, along with its regular suites of services under FXCM Standard.

Key Registrations

FXCM is registered with the:

• Futures Commission Merchant (FCM)
• National Futures Association (NFA)
• Australian Securities and Investments Commission (ASIC)

Contact Information At A Glance

If you decide to do business with FXCM, you’ll want to keep its most important contact information on hand. The basic contact information for FXCM is as follows:

• Toll-Free Phone Number: 1 (888) 50-FOREX or 1 (888) 503-6739
• Local Phone Number: 1 (212) 201-7301
• Fax Number: 1 (877) 229-0004
• Trading Desk: 1 (866) 600-FXCM or 1 (866) 600-3926
• Email Support: info@fxcm.com
• Online Support/Live Chat: www.fxcm.com/live_help/prechat_survey_body.html

Vital Trading Information About FXCM

The vast majority of foreign exchange trading transactions with FXCM are performed using its key trading software, FX Trading Station. FX Trading Station is widely regarded as one of the top trading softwares in the industry, featuring cutting edge technology and the convenience of trading directly on the charts. With streaming quotes, one-click trading, easy customization, extensive reporting and many other prime features, FX Trading Station can be used with ease by beginner and experienced traders alike.

There are several other key things to know about trading on the foreign exchange market with FXCM. For your convenience, we have highlighted a selection of the most important ones below.

Minimum Deposit Amounts

The minimum deposit for opening a standard online account with FXCM is $100; a $25 minimum deposit is required to open a FXCM Micro account. For a Standard 10K account, the minimum deposit is $2,000.

Account Set-Up

Setting up an account with FXCM is relatively easy. First, an application that takes approximately ten minutes to fill out must be submitted. The application is reviewed and processed within one to three business days. Upon completion, you will be sent an email which you can then use to complete the signup process.

Demo Accounts

A free practice trading account is available through FXCM and can be used for up to thirty days. This practice account can be used to learn what FXCM and is FX Trading Station software is all about. You can also evaluate and try out different trading strategies without any financial risk. Indeed, an FXCM practice trading account involves no real capital on your end, making it a smart way to get to know the system.

Dealing Desk

One of FXCM’s key characteristics as a foreign exchange broker is that it offers a No Dealing Desk trading execution. In this way, FXCM eliminates any potential conflict of interest between its brokers and traders, ensuring that you enjoy the best transactions and experiences with your trades. Offers like these aren’t made by many forex brokers, and FXCM’s No Dealing Desk policy really makes it stand out from the crowd.

Leverage Limits

FXCM offers flexible leverage amounts on its trading accounts; the maximum leverage available is approximately 100:1. Although flexible leverage amounts means that traders can utilize their own amount of leverage as desired. However, the vast majority of FXCM traders choose to trade using the default leverage amounts, which are based on default margin settings.

Trailing Stops

Trailing stops are an available option for FXCM traders; stop orders can be turned into trailing stops with the click of a button, making it a very easy and streamlined process for those who want to use this form of risk management during their forex trading.

Trading Spreads

Flexible, low trading spreads are a mainstay of FXCM. FXCM uses several different techniques and strategies in order to maintain the lowest spreads possible; fractional pip pricing is one example of how it accomplishes this. Many traders choose to trade with FXCM because of its very competitive spreads. For instance, Euro/US dollar spreads are often only two pips and British pound/US dollar spreads are often only three pips. These razor-sharp spreads can give traders a keen advantage on the foreign exchange market.

The Bottom Line

There are many foreign exchange market brokers to choose from these days; sticking with a prominent, well-known company is always a good idea. With FXCM, more than ten years of topnotch forex market experience and a global presence ensures that traders are enjoying some of the most balanced and fair trading today. The ease of using the FX Trading Station software makes FXCM a great choice for novices and experts alike, and FXCM’s No Dealing Desk trading execution policy enhances traders’ opportunities to nail down the best profits possible. All told, FXCM is a reliable and reputable choice for any forex trader.

Welcome to FXCM Malaysia Dot Com. I created this blog to provide useful information about FXCM especially for Malaysian traders.