FXCM Breaks 100,000 Accounts
Summary
Press Release Pricing | News by Category | News by Country | News by US Region | Recent News | PR.com News on Your Site Press Releases FXCM Press Release Receive press releases from FXCM: By Email RSS Feeds: FXCM Breaks 100,000 Accounts New York, NY, November 15, 2007 --( “This is a milestone in the history of the forex industry,” said Drew Niv CEO of FXCM “It seems to reflect the currency trader’s positive reaction to the new services and policies implemented this year, especially our No Dealing Desk execution, and increasingly lower spreads.” “We believe our financial strength and outstanding customer service have helped to make us the broker of choice for the retail forex industry,” said Niv.Forex Capital Markets, LLC, an NFA member firm, is the US regulated entity of the FXCM Group.More Information: Jaclyn Sales Public Relations Coordinator FXCM Financial Square 32 Old Slip, 10th Floor New York, NY 10005 Dir (646) 432-2463 Tel (212) 897-7660 jsales@fxcm.com New York, NY, November 15, 2007 --( PR.com )-- FXCM (www.fxcm.com) announced that earlier this year, FXCM reached over 100,000 live accounts trading on FXCM’s trading platforms.“This is a milestone in the history of the forex industry,” said Drew Niv CEO of FXCM “It seems to reflect the currency trader’s positive reaction to the new services and policies implemented this year, especially our No Dealing Desk execution, and increasingly lower spreads.”“We believe our financial strength and outstanding customer service have helped to make us the broker of choice for the retail forex industry,” said Niv.FXCM Prepared for New NFA Requirements· New net capital requirement a minimum of $10 million or 10% of client assets for forex brokers offering greater than 100:1 leverage.“The financial resources for FXCM (Forex Capital Markets, LLC) far exceed both increases of capital requirement and FXCM stands behind the NFA’s decision to raise the standards and security of US based forex brokers, as long as they are consistent with creating a healthy, globally competitive US forex industry,” said Niv.FXCM Facts· Forex Capital Markets LLC is one the Largest Forex Dealer Members***· More than 100,000 live accounts trade on FXCM trading platforms· Over $200 billion in notional volume is traded each month on FXCM trading platforms· FXCM provides customer support with native speakers in more than a dozen languages in 6 offices around the worldRegistered with the CFTC as a Futures Commission Merchant, FXCM (Forex Capital Markets LLC) has received numerous awards from the investment community, including Best Currency Broker from Shares, Best Retail Foreign Exchange Platform from FX Week and Best Foreign Exchange Specialist from Technical Analysis of Stocks & Commodities.The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.More Information:Jaclyn SalesPublic Relations CoordinatorFXCMFinancial Square32 Old Slip, 10th FloorNew York, NY 10005Dir (646) 432-2463Tel (212) 897-7660jsales@fxcm.com Contact Information FXCM Jaclyn Sales 646-432-2463 www.fxcm.com Click here to view the list of recent Press Releases from FXCM Promote Your Business Press Release Pricing Email this page to a friend