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List of currencies, etc
1 I would like to see a list of currencies you can trade with a micro acct
a regular sized account as I would like the ability to trade exotic currencies and many different spreads outside the usual eur/usd, gpb/usd, usd/jpy, etc.
2 Also some sort of avg spread info on all these currencies as well (micro versus regular account).
3 Finally is there regular, mini and micro for account types?
4 What is the status on 100/1 leverage? Has this been changed and how to get around this if it has.
Hi Iced Coffee!
Originally Posted by icedCoffee
1. Micro accounts have the same amount of currency pairs as standard. Which is 49 currency pairs. You can open a demo account to view the currency pairs but you won't be able to see all of them. But you can view a few of the currency pairs at the following link Forex Spreads | Forex Trading Spreads | FXCM Micro
2. To view spread information, please visit the following link Forex Spreads | Forex Trading Spreads | FXCM Micro
3. We have two types of accounts, a mini which is 10K lot size and a micro which is 1K lot size.
4. If you open an account with our FXCM US entity, the leverage is 100:1, but if you open an account with our FXCM UK entity, the leverage will be 400:1. The following link is an application link Open a Forex Trading Micro Account for $25 Dollars
If you are interested in standard accounts, please email me at firstname.lastname@example.org and I will get you in touch with a colleague of mine.
Disclaimer: Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. The possibility exists that you could sustain a loss in excess to your investment and therefore you should not invest money that you cannot afford to lose. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. FXCM will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.