FXCM launches FXCM Micro
FXCM has announced the opening of its discount brokerage division FXCM Micro (www.
First Published by e-Forex News: October, 2008
FXCM has announced the opening of its discount brokerage division FXCM Micro (www.forexmicrolot.com). FXCM Micro allows traders to trade with super-low spreads, automated execution, and 1K lot sizes. FXCM Micro is offered for individual, self-traded accounts.
In order to provide clients with tight spreads for 1K lot sizes (as little as 15 cents per lot for EUR/USD), FXCM controls expenses, such as costly support services. Instead of providing these services to clients by phone or IM, FXCM has innovated extensive self-help sections so that clients can find immediate answers on the Web site.