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FX Trading

What leverage do you recommend?

As a general rule of thumb, we recommend limiting total account leverage to a maximum of 20:1. For example, if you have an account balance of $10,000, you…

What are the margin requirements?

See FXCM's Margin Requirements per product below: FX Margin Requirements CFD Margin Requirements (Includes Indices, Commodities, and…

What are your trading hours?

FXCM's trading hours vary by product. For forex, trading opens on Sundays between 5:00 PM ET and 5:15 PM ET and closes on Fridays around 4:55 PM ET.…

What is a pip?

The word “PIP” stands for Percentage in Point. In forex, a pip is what you would consider a “point” for calculating profits…

What is rollover?

Rollover is the interest paid or earned for holding a position overnight. Each currency has an interest rate associated with it, and because forex is…

Will I receive credit for holding the underlying product when margin is calculated?

There are no limits to the size or number of positions that a trader may hold. Available margin in the account is the only constraint on the size of a…

Are there limits to position size?

There are no limits to the size or number of positions that a trader may hold. Available margin in the account is the only constraint on the size of a…

Do rollover rates and policies vary from broker to broker?

Yes. In addition to our policy of transparency in reporting rollover, due to the average notional trading volume that FXCM generates to the liquidity…