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FXCM Reduces Spreads up to 54%

Source: Chloe

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FXCM Group, LLC ('FXCM Group' or ‘FXCM'), a leading international provider of online foreign exchange, CFD trading and related services has today announced it has reduced its spreads by as much as 54% on major currency pairs and indices. The new spreads will be available for clients under Forex Capital Markets Limited, FXCM EU LTD and FXCM Australia Pty. Limited.

In addition to reduced spreads, the FXCM continues to deliver quality execution with 84% of all orders receiving positive slippage or zero slippage. This means those trades were executed at the rate the client clicked on or better with FXCM.

Brendan Callan, CEO of FXCM, said: "In recent months, big swings in global currencies such as the euro's decline against the dollar have created opportunities for retail investors, driving many towards the FX market. In line with our 'Client First, Trader Driven' mantra, we have made our pricing more competitive than ever before and are committed to continue offering quality execution and the best possible experience for our clients."

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